Ratnamani Metals & Tubes Share Price

Ratnamani Metals Tubes Limited (RMTL), a multiproduct, multi location Public Limited Company incorporated on September 15, 1985, is providing total piping solutions to a diverse range of industries. The Company has diverse product portfolio which includes Nickel Alloy/ Stainless Steel Seamless Tubes Pipes, Stainless Steel Welded Tubes Pipes, Titanium Welded Tubes, Carbon Steel Welded Pipes, Stainless Steel/Carbon Steel Pipes with Coating and Induction Bends. It manufactures stainless steel pipes and tubes and carbon steel pipes at Kutch, Indrad and Chhatral in Gujarat. It caters to customers in domestic as well as overseas markets across AsiaPacific, Europe, Middle East and America.RMTL commenced its production as a twin smallscale unit of stainless steel welded pipes seamless tubes in the year of inception itself. During the year 1991, the company had established facilities for manufacturing stainless steel electric fusion welded EFW pipes. Again, the company added one more production portfolio, in the year 1995 Companys Carbon Steel SAW Pipes Division commenced commercial production. After two years, in 1997, RMTL had received API 5L Monogramming License. During the year 1999, the companys production of stainless steel tubes for Automobile Exhaust Systems was commenced. The first mobile plant for Narmada Canal Pipe Line Project under Government of Gujarat was executed the company in the year of 2000. During the year 2001, the company accredited to ISO 9002 for quality management system under Lloyds Register Quality Assurance (LRQA). RMTL had received AD 2000 Merkblatt W 0 Certification under RWTUV in the year 2002 and also in the same year, reconditioned as a well known Tube / Pipe Maker under IBR. The Company got approval from Nuclear Power Corporation of India Limited in the year 2003 for the supply of critical instrumentation seamless tubes primary piping for nuclear reactors. Also, RMTL made upgradation of ISO 9002 certification to ISO 90012000 under LRQA. During the year 2004, the company delivered duplex stainless steel seamless tubes as per SA 789 / UNS 31803 and UNS 32205 and RMTL took its enhancement of current capacity by establishing new manufacturing facilities at Kutch, Gujarat during the identical year of 2004. After a year, in 2005, RMTL had started manufacturing of welded cold drawn duplex steel tubes as per SA 789 / UNS 31803 and UNS 32205. During the financial year 200405, the Kutch project of the company commenced commercial production and production has stabilized for all the products except Hot Extruded Mother Pipes. In 2006, the company had obtained API Spec 5L approval for Kutch plant and in 2007, Kutch plants granted status of Well Known Pipe Maker by Central Boilers Board. During year 2009, 3Layer PE Epoxy Coating Plant was commissioned. In 2015, the Company commissioned supply of Moderater Heat Exchanger Tubes and Instrumentation Tubes for Kakrapara and Rajasthan projects of NPCIL. It established product quality for supply of Incoloy 800 tubes.In 202021, the installed commissioned European Extrusion Press of 4,500 MT to produce 10inch diameter pipes having capacity of 20,000 MTPA. It commissioned LSAW (Submerged Arc Welded) Pipe manufacturing facility with a capacity of 1,20,000 MTPA. Additional finishing line was installed to run production for Carbon steel ERW (Electric Resistance Welded) Pipes, thereby increasing the capacity to 1,25,000 MTPA.In 202122, Company commissioned and commercialized all new expansions like Electric Resistance Welded (ERW), LSAW (LSubmerged Arc Welded) and Stainless Steel (SS) Hot Extrusion.During year 202223, the Company acquired 53% Equity Shares in Ravi Technoforge Private Limited, Rajkot (RTL), Accordingly, RTL become subsidiary of the Company effective on October 28, 2022. It commissioned Hot Extrusion Press to produce Stainless Steel/ Nickel Alloy Seamless Pipes and commenced operation at LSAW Plant to produce Line Pipe. Ratnamani Finow Spooling Solutions Private Limited, Ahmedabad was incorporated on September 27, 2023. Company entered into Joint Venture cum Shareholders Agreement with Saudi Electric Supply Company Limited (SESCO), Kingdom of Saudi Arabia, a Tamimi Group Company on April 10, 2025, for setting up a manufacturing facility for seamless products to serve KSA / GCC Customers in FY 202425.

Ratnamani Metals & Tubes reported a Q2 FY 2025-26 revenue of ₹1191.69 crore, up 2.2% YoY, with net profit decreased -13.4% to ₹156.04 crore. For the full year FY2025–2026, revenue reached ₹5246.09 crore and profit touched at ₹541.57 crore. As of Sep '25, Ratnamani Metals & Tubes’s market capitalisation stood at ₹17,115.06 crores. Shareholding as of Sep '25 shows promoters holding 59.8%, with FIIs at 11.2%, DIIs at 18.8%, and public at 10.3%.

As of 18 Nov 2025, Ratnamani Metals & Tubes share price is ₹2405.4. The stock opened at ₹2462.5 and had closed at ₹2441.8 the previous day. During today’s trading session, Ratnamani Metals & Tubes share price moved between ₹2,403.00 and ₹2,462.50, with an average price for the day of ₹2432.75. Over the last 52 weeks, the stock has recorded a low of ₹2,256.00 and a high of ₹3,693.80. In terms of performance, Ratnamani Metals & Tubes share price has declined by 15.3% over the past six months and has declined by 33.85% over the last year.