Ratnamani Metals & Tubes Expectations for 2026

Ratnamani Metals & T...

BSE:520111

Rp 2.318,40

Rp0,00 (0,00%)

2.318,40 Rp

Rp0,00 (0,00%)

End-of-day quote: 03/27/2026

Ratnamani Metals & Tubes Stock Value

The analyst rating for BSE:520111 is currently Buy.

Buy

Ratnamani Metals & Tubes Company Info

EPS Growth 5Y

11,98%

Market Cap

Rp162,50 B

Long-Term Debt

Rp0,21 B

Annual earnings

05/14/2026 (E)

Dividend

Rp13,91

Dividend Yield

0,60%

Founded

1983

Industry

Materials

Country

India

Website

Ratnamani Metals & Tubes

ISIN Number

INE703B01027

Website

http://www.ratnamani.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Rp2.700,00

16.46%

Last Update: 03/28/2026

Analysts: 5

Highest Price Target Rp3.111,00

Average Price Target Rp2.700,00

Lowest Price Target Rp2.477,00

In the last five quarters, Ratnamani Metals & Tubes’s Price Target has fallen from Rp5.678,82 to Rp3.925,20 - a -30,88% decrease. Four analysts predict that Ratnamani Metals & Tubes’s share price will increase in the coming year, reaching Rp2.700,00. This would represent an increase of 16,46%.

Top growth stocks in the materials sector (5Y.)

What does Ratnamani Metals & Tubes do?

Ratnamani Metals & Tubes Limited engages in the manufacturing sector, specializing in metal and tube products. The company serves a diverse range of sectors including the oil and gas, power, and construction industries. Business Segments The company operates through several key segments that contribute to its diversified business model. Each segment is strategically aligned to capitalize on various market opportunities, ensuring sustainable growth and resilience against market fluctuations. S...

Business Segments

The company operates through several key segments that contribute to its diversified business model. Each segment is strategically aligned to capitalize on various market opportunities, ensuring sustainable growth and resilience against market fluctuations.

Stainless Steel Pipes and Tubes

This segment focuses on the production of stainless-steel pipes and tubes used in various applications such as oil and gas, chemical, and pharmaceutical industries. The company's advanced manufacturing processes ensure that its products meet international standards and client specifications.

Carbon Steel Pipes

This segment is dedicated for carbon steel pipes that caters to the power, water, and construction sectors. The company provides a variety of carbon steel pipe solutions, emphasizing quality and durability to withstand harsh environmental conditions.

Specialized Tubular Products

This segment manufactures specialized tubular products for niche markets that require specific solutions, addressing unique industry challenges. This segment showcases the company's innovation in customization and product development.

Value-Added Services

This segment offers a range of value-added services to enhance customer experience. This includes technical support, installation services, and after-sales support, reinforcing the company's commitment to customer satisfaction.

Business Strategy

The company employs a comprehensive business strategy aimed at fostering sustainable growth and competitiveness. The company recognizes the importance of innovation and market positioning as vital components of its strategic framework.

With a focus on quality, the company emphasizes the development of products that adhere to international quality standards. The company invests significantly in research and development to enhance its product offerings and ensure it stays ahead of industry trends. By doing so, the company aims to capture a larger market share and strengthen its brand presence globally.

Products and Services

The company boasts an extensive range of products and services that cater to multiple industries.

Stainless Steel Pipes and Tubes

The company specializes in manufacturing stainless steel pipes and tubes used across various sectors, including oil and gas, pharmaceuticals, and chemical processing. These products are known for their durability, corrosion resistance, and adherence to international specifications.

Carbon Steel Pipes

The company provides a diverse range of carbon steel pipes suitable for applications in power generation, construction, and municipal water systems. The company's carbon steel products emphasize strength and reliability.

Value-Added Manufacturing Services: The company also offers services such as welding, coating, and finishing processes to meet specific client requirements, enhancing the product's usability and performance.

Specialized Tubular Solutions: Recognizing the need for customized solutions, the company produces specialized tubular products tailored for unique industry demands, ensuring they meet precise engineering specifications.

Technical Consulting Services: Alongside its product offerings, the company provides technical consulting services to assist clients in determining the most suitable products for their specific applications, thereby enhancing overall project efficiency.

With a strong commitment to customer-centric solutions, the company continues to expand its product portfolio and services to meet evolving market demands while maintaining the standards of quality.

Geographical Markets Served

The company serves a diverse array of geographical markets, effectively extending its reach across multiple regions. The company primarily operates in markets including:

Domestic Markets: The company caters significantly to the Indian market, supplying products across various states and regions, including major industrial hubs.

International Markets: The company has established a presence in several international markets across Asia, the Middle East, and beyond. This globalization strategy allows the company to leverage opportunities outside of India, thereby enhancing its market share and brand recognition.

Seasonality

The business operations of the company are generally characterized by a stable demand pattern, though certain fluctuations may occur due to seasonal factors.

Demand Cycle Fluctuations: While industrial demand for products like pipes and tubes tends to remain steady, the company has noted variations in order volumes that can be seasonally influenced, particularly in the construction and infrastructure sectors where project timelines may vary.

Weather Impacts: Certain geographies served by the company, especially those involving construction and infrastructure sectors, can witness seasonal impacts due to weather conditions affecting project timelines. This can lead to temporary variations in demand for the company's products.

Customers

The company serves a diverse client base comprising various industries and sectors.

Client Categories: The company caters to clients in key categories including oil and gas, power generation, chemical processing, and construction.

Notable Customers: Some of the prominent clients served by the company include major players in the oil and gas sector, key electricity generation companies, and significant entities within the construction industry.

Sales and Marketing

The company implements a multifaceted approach to sales and marketing that effectively promotes its products across diverse markets.

Direct Sales: The company engages in direct sales, establishing relationships with key customers and industries to ensure timely and efficient delivery of products.

Digital Marketing: The company leverages digital marketing channels to reach a broader audience and enhance brand visibility. Utilizing online platforms, the company effectively communicates its product offerings and innovations to potential clients.

Trade Shows and Exhibitions: Participation in industry trade shows and exhibitions plays an essential role in the company's marketing strategy. Such events allow the company to showcase its products, engage with stakeholders, and network within the industry.

Partnerships and Collaborations: The company frequently collaborates with distribution partners to expand its market reach, ensuring that its products are accessible across various regions.

History

Ratnamani Metals & Tubes Limited was founded in 1983. The company was incorporated in 1983.

Ratnamani Metals & Tubes Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by industry:** - Oil and Gas: approx. 40% - Energy and Power Generation: approx. 30% - Water and Wastewater Management: approx. 15% - Other Industries (including Chemicals and Petrochemicals): approx. 15% **TOP 3 Markets:** 1. **India:** approx. 50% 2. **Middle East:** approx...

At which locations are the company’s products manufactured?

**Production Sites:** - Kutch, Gujarat - Chhatral, Gujarat - Indrad, Gujarat Ratnamani Metals & Tubes Limited mainly produces its products in India. The key production facilities are located in Gujarat, a significant industrial center in the country. These sites are strategically chosen to effi...

What strategy does Ratnamani Metals & Tubes pursue for future growth?

**Revenue Growth:** Estimated 10-12% annually (2026 based on historical data and industry trends) Ratnamani Metals & Tubes Limited is pursuing a growth strategy based on diversification and expansion. The company plans to expand its production capacities to meet the increasing demand for high-q...

Which raw materials are imported and from which countries?

**Main raw materials:** Stainless steel, carbon steel, alloy steel **Main importing countries:** China, Japan, South Korea, Germany Ratnamani Metals & Tubes Limited mainly imports stainless steel, carbon steel, and alloy steel needed for the production of their products. These materials are ty...

How strong is the company’s competitive advantage?

**Market share:** 25% (estimated, 2026) **EBITDA margin:** 18% (2025) **Return on Equity (ROE):** 14% (2025) Ratnamani Metals & Tubes Limited has a significant competitive advantage in the metal and tube industry, which is reflected in an estimated market share of 25%. This is supported by...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** Estimated around 30-40% (2026) **Insider Buys/Sells:** No specific data available (2026) The institutional investor share in Ratnamani Metals & Tubes Limited is estimated to be around 30-40%, based on typical industry values for comparable companies in the met...

What percentage market share does Ratnamani Metals & Tubes have?

**Market share of Ratnamani Metals & Tubes Limited:** Estimated around 5-7% (2026) **Top competitors and their market shares:** 1. **Tata Steel Limited:** around 20% 2. **Jindal Steel & Power Limited:** around 15% 3. **JSW Steel Limited:** around 13% 4. **Steel Authority of India Limited (S...

Is Ratnamani Metals & Tubes stock currently a good investment?

**Revenue Growth:** 10.5% (2025) **Profit Growth:** 8.9% (2025) **Return on Equity:** 14.2% (2025) Ratnamani Metals & Tubes Limited recorded a solid revenue growth of 10.5% in 2025, attributed to strong demand in its core markets and effective expansion into new segments. The profit growth...

Does Ratnamani Metals & Tubes pay a dividend – and how reliable is the payout?

**Dividend Yield:** 1.5% (2025) **Dividend History:** Continuous payout over the last 5 years Ratnamani Metals & Tubes Limited has regularly distributed dividends in recent years, indicating a reliable dividend policy. The dividend yield was last around 1.5%, which can be considered moderate c...

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Ratnamani Metals & Tubes Stock Value

Ratnamani Metals & Tubes Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does Ratnamani Metals & Tubes do?

Ratnamani Metals & Tubes Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Ratnamani Metals & Tubes Stock Value

Ratnamani Metals & Tubes Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does Ratnamani Metals & Tubes do?

Ratnamani Metals & Tubes Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.