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Realtime updates for Ratnamani Metals & Tubes [RATNAMANI.NS]

Exchange: NSE Sector: Basic Materials Industry: Steel
Upcoming Earnings Alert

2 days till quarter result
(bmo 2024-05-07)

Expected move: +/- 4.94%

Last Updated3 May 2024 @ 05:59

0.57% INR 3 202.00

Live Chart Being Loaded With Signals

Commentary (3 May 2024 @ 05:59):

Ratnamani Metals & Tubes Limited manufactures and sells stainless steel pipes and tubes, and carbon steel pipes in India and internationally. The company's stainless steel products comprise seamless and welded tubes and pipes, and heat exchanger tubes; and instrumentation seamless tubes...

Stats
Today's Volume 206 817
Average Volume 62 767.00
Market Cap 224.43B
EPS INR0 ( 2024-02-07 )
Next earnings date ( INR0 ) 2024-05-07
Last Dividend INR12.00 ( 2023-07-27 )
Next Dividend INR0 ( N/A )
P/E 36.14
ATR14 INR3.91 (0.12%)

Volume Correlation

Long: -0.61 (weak negative)
Short: -0.38 (neutral)
Signal:(48.857) Neutral

Ratnamani Metals & Tubes Correlation

10 Most Positive Correlations
10 Most Negative Correlations

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Ratnamani Metals & Tubes Correlation - Currency/Commodity

The country flag 0.41
( neutral )
The country flag 0.44
( neutral )
The country flag 0.24
( neutral )
The country flag 0.29
( neutral )
The country flag 0.06
( neutral )

Ratnamani Metals & Tubes Financials

Annual 2022
Revenue: INR44.74B
Gross Profit: INR15.29B (34.17 %)
EPS: INR72.83
FY 2022
Revenue: INR44.74B
Gross Profit: INR15.29B (34.17 %)
EPS: INR72.83
FY 2022
Revenue: INR31.22B
Gross Profit: INR9.35B (29.95 %)
EPS: INR46.03
FY 2021
Revenue: INR22.98B
Gross Profit: INR7.61B (33.10 %)
EPS: INR39.38

Financial Reports:

No articles found.

Ratnamani Metals & Tubes Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
INR23.33
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)
INR12.00
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)
INR0
(N/A)

Ratnamani Metals & Tubes Dividend Information - Dividend Junior

Dividend Sustainability Score: 3.43 - low (14.09%) | Divividend Growth Potential Score: 2.79 - Decrease likely (44.21%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information
First Dividend INR0.333 2006-08-31
Last Dividend INR12.00 2023-07-27
Next Dividend INR0 N/A
Payout Date 0000-00-00
Next Payout Date N/A
# dividends 19 --
Total Paid Out INR87.60 --
Avg. Dividend % Per Year 0.72% --
Score 1.91 --
Div. Sustainability Score 3.43
Div.Growth Potential Score 2.79
Div. Directional Score 3.11 --
Next Divdend (Est)
(2024-06-28)
INR12.85 Estimate 3.12 %
Dividend Stability
0.25 Very Poor
Dividend Score
1.91
Pay Frequency
Annually
Yearly Payout
Year Amount Yield
2006 INR0 0.00%
2007 INR0 0.00%
2008 INR0 0.00%
2009 INR0 0.00%
2010 INR0 0.00%
2011 INR0 0.00%
2012 INR0 0.00%
2013 INR0 0.00%
2014 INR0 0.00%
2015 INR0 0.00%
2016 INR0 0.00%
2017 INR0 0.00%
2018 INR4.00 0.62%
2019 INR6.00 0.95%
2020 INR8.00 1.12%
2021 INR9.33 0.88%
2022 INR23.33 1.83%
2023 INR12.00 0.60%
2024 INR0 0.00%

Dividend Commentary

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Top 10 dividend Companies for NSE

Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
SHRIPISTON.NS Dividend Junior 2023-06-27 Semi-Annually 9 0.89%
MATRIMONY.NS Dividend Junior 2023-08-03 Annually 7 0.41%
GRWRHITECH.NS Dividend Junior 2023-09-20 Semi-Annually 3 0.88%
BANDHANBNK.NS Dividend Junior 2023-08-11 Sporadic 7 0.20%
PPAP.NS Ex Dividend Junior 2023-09-08 Annually 17 0.34%
JWL.NS Dividend Junior 2023-09-12 Insufficient data to determine frequency 2 0.17%
DSSL.NS Dividend Junior 2023-08-23 Annually 6 0.34%
ACE.NS Dividend Junior 2023-08-17 Annually 18 0.23%
SSWL.NS Dividend Junior 2023-08-14 Annually 20 0.30%
MSUMI.NS Dividend Junior 2023-08-09 Annually 3 0.60%

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM0.1231.5007.5410.00[0 - 0.5]
returnOnAssetsTTM01.20000[0 - 0.3]
returnOnEquityTTM0.2271.5008.5910.00[0.1 - 1]
payoutRatioTTM0-1.00000[0 - 1]
currentRatioTTM00.800-5.00-4.00[1 - 3]
quickRatioTTM00.800-4.71-3.76[0.8 - 2.5]
cashRatioTTM01.500-1.111-1.667[0.2 - 2]
debtRatioTTM0-1.50000[0 - 0.6]
interestCoverageTTM18.731.0004.174.17[3 - 30]
operatingCashFlowPerShareTTM27.922.000.6931.386[0 - 30]
freeCashFlowPerShareTTM27.922.0010.0010.00[0 - 20]
debtEquityRatioTTM0-1.50000[0 - 2.5]
grossProfitMarginTTM0.3551.0007.427.42[0.2 - 0.8]
operatingProfitMarginTTM0.1751.0008.508.50[0.1 - 0.6]
cashFlowToDebtRatioTTM01.000-1.111-1.111[0.2 - 2]
assetTurnoverTTM00.800-3.33-2.67[0.5 - 2]
Total Score3.43

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM36.011.0006.460[1 - 100]
returnOnEquityTTM0.2272.509.1010.00[0.1 - 1.5]
freeCashFlowPerShareTTM27.922.000.69310.00[0 - 30]
dividendYielPercentageTTM0.3751.5000.6220[0 - 0.4]
operatingCashFlowPerShareTTM27.922.000.6931.386[0 - 30]
payoutRatioTTM01.50000[0 - 1]
pegRatioTTM1.0741.5006.170[0.5 - 2]
operatingCashFlowSalesRatioTTM0.03871.000-1.5340[0.1 - 0.5]
Total Score2.79

Ratnamani Metals & Tubes

Ratnamani Metals & Tubes Limited manufactures and sells stainless steel pipes and tubes, and carbon steel pipes in India and internationally. The company's stainless steel products comprise seamless and welded tubes and pipes, and heat exchanger tubes; and instrumentation seamless tubes. It also provides nickel alloy seamless heat exchanger tubes; titanium welded tubes; induction bending; and carbon steel products, such as high frequency electric resistance and submerged arc welded pipes. In addition, the company offers coating solutions comprising external three layer polyethylene/polypropylene coating and dual layer fusion bonded epoxy coating products; and internal coating solutions, such as food grade epoxy / polyurethane / coal tar epoxy / cement lining, and other prevalent coatings. Further, it is also involved in the generation of power by windmills. The company serves oil and gas, thermal power, chemical, fertilizer, sugar, paper, automobile, aeronautics, refinery, nuclear power, petrochemical, water distribution, food and dairy, pharmaceutical, defense, infrastructure, ship building, pumping station, and space industries. The company was incorporated in 1983 and is based in Ahmedabad, India.

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