Ratnamani Metals Tubes Limited (RMTL), a multiproduct, multi location Public Limited Company incorporated on 15th September 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 also commissioned Hot Extrusion Press to produce Stainless Steel/ Nickel Alloy Seamless Pipes. It commenced operation at LSAW Plant to produce Line Pipe.
What is the current share price of Ratnamani Metals & Tubes Ltd today on both NSE and BSE?
Ratnamani Metals & Tubes Ltd shares are currently priced at 3377.6 on NSE and 3371.1 on BSE as of 12/12/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.
How has Ratnamani Metals & Tubes Ltd [RATNAMANI] shares performed in the past ?
The past 1-year return of Ratnamani Metals & Tubes Ltd [RATNAMANI] share was -1.78. The Ratnamani Metals & Tubes Ltd [RATNAMANI] share hit a 1-year low of Rs. 2581.5 and a 1-year high of Rs. 3978.5.
What is the market cap of Ratnamani Metals & Tubes Ltd [RATNAMANI] ?
The market cap of Ratnamani Metals & Tubes Ltd is Rs. 23674.27 Cr. as of 12/12/2024 12:00:00 AM.
What is the current P/E ratio of Ratnamani Metals & Tubes Ltd [RATNAMANI] share price ?
The PE ratios of Ratnamani Metals & Tubes Ltd is 46.3 as of 12/12/2024 12:00:00 AM.
What is the current PB ratio of Ratnamani Metals & Tubes Ltd [RATNAMANI] share price ?
The PB ratios of Ratnamani Metals & Tubes Ltd is 7.09 as of 12/12/2024 12:00:00 AM
What is the Mutual Fund shareholding in Ratnamani Metals & Tubes Ltd?
The Mutual Fund Shareholding was 16.39% at the end of 12/12/2024 12:00:00 AM.
How can I buy Ratnamani Metals & Tubes Ltd shares?
You can easily buy Ratnamani Metals & Tubes Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.