Results - Announcements
Ratnamani Metals & Tubes Ltd share price slipped 0.45% to Rs 2444.05. The Company's net profit surged by 24.58% to Rs 133.34 crore, while revenue from operations gained significantly 38.69% to Rs 1347.51 crore in Q2FY27 over Q2FY26.
The market capitalization of Iron & Steel Products industry group stocks on BSE stood at Rs 3.38 lakh crore, easing 7.97%. It has marginally improved by 2.93% over last one week and moving up by 8.79% in last one month while the market capitalization of Ratnamani Metals & Tubes Ltd has inched up 5.35% and 10.96% in the same period respectively.
Profit before tax (PBT) of Ratnamani Metals & Tubes Ltd stood at Rs 173.82 crore in Q2 FY27, retreating 12.85% year-on-year, and surging by 26.50% quarter-on-quarter. EBITDA came in at Rs 158 crore, falling 14.39% YoY and gaining 9.13% sequentially.
Total expenses witnessed a sharp rise of 41.39% to Rs 1195.69 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 727.55 crore, softening by 2.64% YoY, while employee benefits expense was at Rs 93.12 crore, ticking higher by 3.52% YoY.
For FY26, revenue from operations dropped by 13.35% to Rs 4493.96 crore, while net profit slipped by 1.31% to Rs 534.47 crore, compared to previous FY. EBITDA jumped by 78678% to Rs 635.78 crore, and PBT saw a marginal contraction of 4.29% to Rs 706.34 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 936.01 crore in FY26, as against Rs 536.22 crore in FY25.
Ratnamani Metals & Tubes Ltd gained 0.93% in last one year, outperforming the benchmark BSE Sensex which has eased by 2.74% during the same period.