Ratnamani Metals & Tubes Ltd .... Invest in Crash

RATNAMANI METALS & TUBES LTD

27 YEARS OLD COMPANY

Products :

Specialized Steel products

Carbon Steel Pipes & Pipe Coating Solutions


1.HFW – ERW PIPES

2.SAW PIPES

3.COATING SOLUTIONS


STAINLESS STEEL

1. Heat exchanger Tubes

2. Instrumentation Seamless Tubes

3. Stainless Steel Pipes



The products manufactured i.e. Stainless Steel Tubes and Pipes in Welded & Seamless construction, Instrumentation tubes and Titanium Welded Tubes are used for critical applications in Niche Market such as Oil & Gas, Petrochemicals and Refineries, Thermal, Nuclear and Solar Power Plants, Atomic Energy, Defense, Aerospace etc.


PLANT IS LOCATED AT STRATEGIC AREA

It has two state-of-the-art manufacturing facilities; one at Indrad, which is 40 KM away from Ahmedabad, the commercial capital of Gujarat State and the other is at Kutch (Gandhidham), which is strategically positioned in the vicinity of two major ports of India i.e. Kandla and Mundra in Gujarat State.


Ratnamani INC (100% subsidiary of Ratnamani Metals & Tubes Ltd, India) was established to enhance our global enterprise’s ability to serve our clients more efficiently in and around the North America market.

CMP :Rs. 630.30
Market cap : Rs. 2960 cr.
Face Value : Rs. 2

Equity : 9.35
EPS :36.92

PE Ratio : 16.10
Book Value : 194.40
Dividend Yield : 0.87%
Dividend :275%
Sales : Rs.1767.24 Cr.
Net Profit : Rs.172.51 Cr.



Pros:
1.Almost debt free company
2.Last 5 years continuous sales and net profit growth company

3.Last 13 year continuous Dividend Paying Company

Cons :
1.Contingent Liabilities Rs. 143.29 cr.

This is primary information only ..before going to invest please do your analysis and according
to your risk appetite ....

Source : Ratnamani metals & tubes ltd official website

 

Good Pick Sir. Currently Ratnamani looks like fairly valued. Can start entering on a correction. Would recommend to investors to enter at levels beginning 500

 

Sir whts ur view on shiva cement. Thxs

 

Avoid shiva cement

 

Very good pick. Sir, what is your view on Crompton Greaves and Bajaj Electricals?

 

both are good companies and old companies ...in corrections small quantity accumulate

 

thank you sir

 

IF going for cement company can look at NCL industries. promoters are continiously increasing stake