Ratnamani Metals & Tubes Ltd
Ratnamani Metals & Tubes Ltd Q3 FY26 Results & Presentation Highlights: Revenue ₹794.33 Cr, PAT ₹87.91 Cr
Q3 FY26 investor presentation: what the company reported on revenue, margins and projects.
Based on Ratnamani Metals & Tubes Ltd's Q3 FY26 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.
The short version
Standalone Revenue (Q3 2025-26): ₹794.33 Crores, down from ₹1,293.53 Crores in Q3 2024-25; approximately 39% decline. Standalone Q3 2025-26: - EBITDA: ₹165.04 Crores (down from ₹227.59 Crores YoY) - EBITDA Margin: 20.8% (up from 17.6% YoY) - Profit After Tax (PAT): ₹87.91 Crores (down from ₹145.56 Crores YoY) - PAT Margin: 11.1% (slightly down from 11.3% YoY) - Consolidated Q3 2025-26: - EBITDA: ₹235.88 Crores (up from ₹222.53 Crores YoY) - EBITDA Margin: 22.1% (up from 16.9% YoY) - Profit After Tax (PAT): ₹135.38 Crores (up from ₹133.18 Crores YoY) - PAT Margin: 12.7% (up from 10.1% YoY) - Margin Outlook: - The presentation does not explicitly state any forward-looking EBITDA or PAT margin guidance.
From Ratnamani Metals & Tubes Ltd's Q3 FY26 earnings-call transcript · updated 24 Sept 2026.
Revenue & Sales Performance
- Standalone Revenue (Q3 2025-26): ₹794.33 Crores, down from ₹1,293.53 Crores in Q3 2024-25; approximately 39% decline.
- Consolidated Revenue (Q3 2025-26): ₹1,065.83 Crores, down from ₹1,316.30 Crores in Q3 2024-25.
- Standalone Sales Decline: Attributed mainly to lower demand in the carbon steel division.
- Stainless Steel Division: Registered a 5% growth in standalone sales during the quarter.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Ratnamani Metals & Tubes Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Manufacture of High-Speed Hot Forming Facility (Ravi Technoforge Pvt Ltd, Rajkot): New product line for automobile industry (Gen 3 hubs, drivetrain components); greenfield; completion by Dec 2026.
- Increase in spool manufacturing capacity (Ratnamani Finow Spooling Solutions Pvt Ltd, Kutch): Advanced equipment; greenfield; completion by June 2026.
- Manufacturing Cold-finished Stainless Steel Seamless products (Ratnamani Middle East Company, LLC, Saudi Arabia): Greenfield; completion by Mar 2027.
- CSAW Plant expansion (Ratnamani Metals & Tubes Ltd, Kutch): Increase high-thickness CSAW pipes capacity from 48,000 MT to 75,000 MT; brownfield; completion by June 2026.
- New carbon steel HSAW spiral pipe facility (Ratnamani Metals & Tubes Ltd, Kutch): Producing pipes up to 18m length, diameters 18” to 143”, 1,00,000 MT capacity; brownfield; completion by June 2026.
2 more points management made on capital expenditure plans
Top-ranked in Industrial Products
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Ratnamani Metals & Tubes Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- The presentation mentions that standalone order booking remained subdued during the quarter, reflecting lower project demand (Page 9, CEO’s Message).
- It states that while subdued order booking has impacted sales, order inquiries have begun to improve (Page 9, CEO’s Message).
- The Company is confident of gaining traction from the next quarter due to improving demand visibility (Page 9, CEO’s Message).
- No specific numerical values or detailed figures related to order book, order inflow, or pending orders are provided in the presentation.
Ratnamani Metals & Tubes Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹1.1K Cr, net profit ₹116 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Ratnamani Metals & Tubes Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Ratnamani Metals & Tubes Ltd Q3 FY26 results?
Standalone Revenue (Q3 2025-26): ₹794.33 Crores, down from ₹1,293.53 Crores in Q3 2024-25; approximately 39% decline. Standalone Q3 2025-26: - EBITDA: ₹165.04 Crores (down from ₹227.59 Crores YoY) - EBITDA Margin: 20.8% (up from 17.6% YoY) - Profit After Tax (PAT): ₹87.91 Crores (down from ₹145.56 Crores YoY) - PAT Margin: 11.1% (slightly down from 11.3% YoY) - Consolidated Q3 2025-26: - EBITDA: ₹235.88 Crores (up from ₹222.53 Crores YoY) - EBITDA Margin: 22.1% (up from 16.9% YoY) - Profit After Tax (PAT): ₹135.38 Crores (up from ₹133.18 Crores YoY) - PAT Margin: 12.7% (up from 10.1% YoY) - Margin Outlook: - The presentation does not explicitly state any forward-looking EBITDA or PAT margin guidance.
What is Ratnamani Metals & Tubes Ltd share price analysis?
Ratnamani Metals & Tubes Ltd currently shows a neutral. The stock trades at a P/E of 45.7 with a market cap of ₹20,040 Cr. Investors should review the full earnings analysis for detailed insights.
Is Ratnamani Metals & Tubes Ltd planning capital expenditure?
Manufacture of High-Speed Hot Forming Facility (Ravi Technoforge Pvt Ltd, Rajkot): New product line for automobile industry (Gen 3 hubs, drivetrain components); greenfield; completion by Dec 2026.
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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.