Ratnamani Metals & Tubes Ltd. · NSE:RATNAMANI
Ratnamani Metals & Tubes — Q1 2026-27 Earnings Presentation
35 slides from Ratnamani Metals & Tubes's earnings presentation, Aug 7, 2026
Slide 1: Exchange filing cover letter
RMTL/SEC/INV.PRE/2026-27/Q1 August 7, 2026 BSE Ltd. National Stock Exchange of India Ltd. Corporate Relationship Department “Exchange Plaza”, 5th Floor, 1st Floor, New Trading Ring, Bandra – Kurla Complex, Rotunda Building, P. J. Tower, Bandra (E), Dalal Street, Fort, Mumbai – 400 001 Mumbai - 400 0
Slide 2: Resilient Growth, Diversified Opportunities - Q1 2026-27 Investor Presentation
RESILIENT GROWTH Investor Presentation DIVERSIFIED OPPORTUNITIES Q1 2026-27 2026-27 (Q1) Investor Presentation
Slide 3: Disclaimer
Disclaimer This presentation and its accompanying slides, prepared by Ratnamani Metals and Tubes Limited (the 'Company'), are intended solely for informational purposes. It does not constitute, or form part of, any offer, solicitation, recommendation, or invitation to subscribe for, underwrite, or p
Slide 4: Q1 2026-27 Performance
Q1 2026-27 Performance 1. Q1 2026-27 Performance 2. About Us 3. Annexures 2026-27 (Q1) Investor Presentation
Slide 5: Financial Highlights – Q1 2026-27 (Consolidated)
Financial Highlights – Q1 2026-27 (Consolidated) • Q1 profitability at the standalone level was impacted by lower sales volumes and under-absorption of fixed costs, while improved performance of the subsidiaries supported consolidated profitability. Revenue from Operations (₹ in Crores) EBITDA (₹ in
Slide 6: Financial Highlights – Q1 2026-27 (Standalone)
Financial Highlights – Q1 2026-27 (Standalone) • Performance during the period was impacted by subdued demand and lower government spent on infrastructure projects, resulting in under-absorption of fixed costs and pressure on margins. • Company remains debt free on standalone basis • Order book incr
Slide 7: Financial Highlights – Q1 2026-27 (Subsidiaries)
Financial Highlights – Q1 2026-27 (Subsidiaries) Ravi Technoforge Private Limited (RTL) Ratnamani Finow Spooling Solutions Private Limited (RFSS) Revenue from Operations (₹ in Crores) EBITDA (₹ in Crores) Revenue from Operations (₹ in Crores) EBITDA (₹ in Crores) 15 13.05 15.0% 12.1% 119.63 64.4 97.
Slide 8: Financial Highlights – Q1 FY27
Financial Highlights – Q1 FY27 (₹ in Crores) Standalone Consolidated Particulars Q1 2026-27 Q1 2025-26 Q1 2026-27 Q1 2025-26 Revenue 740.78 1,062.40 971.63 1,151.62 Other income 25.43 35.02 17.59 30.29 Total Income 766.21 1,097.42 989.22 1,181.91 Cost of material 444.12 650.04 531.80 706.62 Emplo
Slide 9: CEO’s Message
CEO’s Message The Company operated in a challenging business environment during the quarter, with lower government spending on infrastructure projects, including the water segment, coupled with the ongoing geopolitical situation in the Middle East impacting demand, project execution, and raw materia
Slide 10: Projects Status
Projects Status Parent Company Ratnamani Metals & Ratnamani Metals & Tubes Limited Tubes Limited Plant Location Category Plant Location Category Kutch Brownfield Odisha Greenfield Kutch Product Product Established a new carbon steel HSAW spiral pipe Coating plant to supplement the recently facility
Slide 11: Projects Status
Projects Status Subsidiary Companies Ratnamani Finow Spooling Ravi Technoforge Ratnamani Middle Solutions Private Limited Private Limited East Company, LLC Plant Location Category Plant Location Category Plant Location Category Kutch Greenfield Rajkot Greenfield The Kingdom Greenfield of Saudi Arabi
Slide 12: About Us
About Us 1. Q1 2026-27 Performance 2. About Us 3. Annexures 2026-27 (Q1) Investor Presentation
Slide 13: About Us
About Us Largest Player of the One of the Leading Stainless Steel Tubes & Pipes (high end Player for Carbon Steel 40+ Years of Experience Welded Pipes in India applications) in India Manufacturing Facilities Sustainability and ESG Product Portfolio with 4 with Ongoing Expansions to Support Growth Wi
Slide 14: About Us: Vision, Values, Mission
About Us Our Vision ◊ To attain Global excellence by continuously developing and providing the best quality products and services. ◊ Exceeding expectations of our Customers with innovative products & applications. ◊ Building value for all our stakeholders. ◊ To be a value driven organisation that is
Slide 15: Journey
Journey Operations commenced at the 3LPE Coating Plant, High-Speed Welded Tube Mill, and Offline Commissioned high Started Welding Unit in HSAW Coating capacity wall-thickness, commercial increased from large-diameter production at the Started manufacturing 100 NPS to 122 CSAW pipes at The Company L
Slide 16: JV and Acquisition Timelines
JV and Acquisition Timelines Ratnamani operates through a well-diversified network of subsidiaries and joint ventures, enabling both scale and reach. Manufacturing Marketing & Sales Ratnamani Finow Ravi Technoforge Private Ratnamani Middle Ratnamani Middle East Spooling Solutions Ratnamani Inc. Ratn
Slide 17: Multi-Location Manufacturing Facilities
Multi-Location Manufacturing Facilities 4 Manufacturing Gujarat Odisha Facilities Indrad (Mehsana) Sundargarh Stainless Steel Seamless Works Carbon Steel Works Bhimasar (Kutch) Stainless Steel & Carbon Steel Works Chhatral (Gandhinagar) Carbon Steel Works 2026-27 (Q1) Investor Presentation 16
Slide 18: Product Portfolio
Product Portfolio Wide Range of Product Portfolio Stainless Steel Carbon Steel ◊ Heat Exchanger Tubes ◊ Hollow Bars ◊ Carbon Steel Welded (L-SAW, ERW and H-SAW) Pipes ◊ Integral Low Finned Tubes ◊ Instrumentation Tubes ◊ Induction Bends ◊ Boiler Tubes ◊ Coiled Tubing ◊ Structural (Square & Rectangul
Slide 19: Product Details
Product Details SS/Ni/Ti Business Portfolio CS Business Portfolio Seamless SS+ HFW ◊ Dia: 168.3 to 457 mm (6" to 18") ◊ Dia: 3 to 273.05 mm (10") ◊ Thickness: 3.2 to 14.27 mm ◊ Thickness: 0.5 to 45 mm Nickel Alloy: 400, 600, 625, API 5L: Grades A, B, X42, X46...X80 1,00,000 MT 800, 825 API 2B: As pe
Slide 20: Industries Served
Industries Served At the Core of Every Industry Oil & Gas Refinery & Food, Dairy & Chemical & Exploration Petrochemical Beverages Fertiliser Thermal Solar & Nuclear Power LNG Desalination Power Chillers & Cooling CNG & Systems Aerospace Defence Automotive Cross-Country Pipelines for Gas Structural A
Slide 21: Strengths
Strengths Ratnamani’s Edge Technological Prowess and Extensive Product Portfolio Quality at the Core Innovation NABL ISO/IEC 17025, First in India to supply ILAC-accredited laboratories hydrogen-compliant pipes. Serving 20+ industries in and global certifications. Building capabilities for new 28+ c
Slide 22: Clients
Clients Our Marquee Clients 2026-27 (Q1) Investor Presentation 21
Slide 23: Subsidiaries and Joint Ventures
Subsidiaries and Joint Ventures Ravi Technoforge Private Limited (RTL) Ravi Technoforge is a leading manufacturer of high-precision forged and turned bearing rings, gear blanks and auto components, with a portfolio equally divided between automotive and non-automotive sectors such as heavy industria
Slide 24: Subsidiaries and Joint Ventures
Subsidiaries and Joint Ventures Ratnamani Finow Spooling Solutions Private Limited (RFSS) RFSS is a specialised provider of high-integrity pipe spool fabrication and support systems, catering to critical industries such as nuclear & thermal power, and oil & gas. It is a joint venture between Ratnama
Slide 25: ESG: Environment
ESG Our Company has voluntarily been evaluated by three independent ESG rating agencies, which have assigned us ratings in the ‘Adequate’ category. Environment 52 MW 29% Captive Clean Energy Total Energy Came from Projects Commissioned Clean Sources ~100% 100% Key Raw Materials Manufacturing Plants
Slide 26: ESG: Social
ESG Social 34% Reduction in Lost Time Injury Frequency Rate in 2024-25 3,00,000+ People Provided Eye-care through the ‘Drashtirath’ Initiative 100% Employees and Workers Trained on EHS and NGRBC Principles 2026-27 (Q1) Investor Presentation 25
Slide 27: ESG: Governance
ESG Governance Board of Directors Mr. Prakash M. Sanghvi Mr. Jayanti M. Sanghvi Mr. Shantilal M. Sanghvi Mr. Manoj P. Sanghvi Mr. Prashant J. Sanghvi Mr. Rajendra S. Shah Chairman and Managing Joint Managing Director Whole-Time Director Whole-Time Director and Whole-Time Director Independent Directo
Slide 28: CSR
CSR Ratnamani is contributing towards a more equitable and responsible society through impactful CSR initiatives across healthcare, education, clean drinking water, women’s empowerment and digital learning. Company was honoured with the Best Healthcare & Wellness Programme National Award at the Indi
Slide 29: Annexures
Annexures 1. Q1 2026-27 Performance 2. About Us 3. Annexures 2026-27 (Q1) Investor Presentation
Slide 30: Financial Highlights (Consolidated)
Financial Highlights (Consolidated) Revenue growth from 2020-21 to 2025-26: 14.4% CAGR Revenue from Operations (₹ in Crores) EBITDA (₹ in Crores) Dividend (in ₹) 6,000 1,200 20.0% 16 800% 5,186 14 14 5,059 14 700% 970 19.6% 5,000 4,494 1,000 883 19.0% 9.33* 700% 4,474 808 880 700% 19.2% 12 600% 600%
Slide 31: Financial Highlights (Standalone)
Financial Highlights (Standalone) Revenue growth from 2020-21 to 2025-26: 9.9% CAGR Revenue from Operations (₹ in Crores) EBITDA (₹ in Crores) Dividend (in ₹) 921 6,000 1,000 19.4% 20% 16 800% 892 14 14 4,876 900 19.2% 14 700% 4,807 793 19% 9.33* 5,000 4,370 800 700% 700% 715 18.3% 12 600% 3,689 700
Slide 32: Profit and Loss
Profit and Loss (₹ in Crores) Consolidated Standalone Year ended Year ended Year ended Year ended Particulars March 31, 2026 March 31, 2025 March 31, 2026 March 31, 2025 Revenue from Operations 4,493.96 5,186.47 3,689.30 4,876.14 Other Income 121.95 59.62 125.09 83.31 Total Income 4,615.91 5,246.09
Slide 33: Balance Sheet
Balance Sheet (₹ in Crores) Consolidated Standalone (₹ in Crores) Consolidated Standalone As at As at As at As at Particulars Particulars March 31, 2026 March 31, 2026 March 31, 2026 March 31, 2026 ASSETS EQUITY AND LIABILITIES EQUITY Non-current assets Equity Share Capital 14.02 14.02 Property, Pla
Slide 34: Cash Flow
Cash Flow Consolidated (₹ in Crores) Year ended Year ended Year ended Particulars March 31, 2026 March 31, 2025 March 31, 2024 Cash from Operating Activity 936.01 536.22 511.23 Cash from Investing Activity (1,147.64) (397.12) (145.26) Cash from Financing Activity 59.22 (130.18) (192.95) Net Cash Flo
Slide 35: Thank You
ratnamani.com info@ratnamani.com CIN : L70109GJ1983PLC006460 Registered Office: 17, Rajmugat Society, Naranpura Cross Roads, Ahmedabad 380 013, Gujarat, India Phone: +91 79 2741 5504/2747 8700 Fax: +91 79 2960 1210 Email: info@ratnamani.com THANK YOU For further information, please contact: Mr. Anil
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