Ratnamani Metals & Tubes Q4 FY26 results (Jan–Mar 2026) and concall

Capital Goods · Concall AI · Call held 18 May 2026

Company page: Ratnamani Metals & Tubes share price, financials & guidance record

Ratnamani Metals reported a challenging Q4 FY26 with significant revenue declines on both standalone and consolidated bases, primarily due to muted demand and geopolitical issues impacting order booking and execution. Despite lower volumes, the company successfully maintained its EBITDA margins through operational efficiency and product mix. Subsidiaries Ravi Technoforge and RFSS showed strong growth, contributing positively to overall group profitability. The company remains debt-free and holds a healthy order book, though a lower dividend was declared.

You’re reading a preview. Opening the full call uses 1 concall credit.

What they filed

Q4 FY26: revenue down 43.3%, net profit down 58.7% against the same quarter last year.

₹ Cr · quarterly

Line item	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26
Revenue	898	1,294	1,575	1,062	940 +5%	794 −39%	893 −43%
Expenses	749	1,080	1,283	871	800	658	771
EBITDA	149	214	292	192	140 −6%	136 −36%	122 −58%
Margin	17%	17%	19%	18%	15%	17%	14%
Other income	20	14	38	35	34	10	35
Interest	9	4	4	4	3	1	2
Depreciation	22	23	24	27	27	28	29
Profit before tax	137	200	301	195	144 +5%	118 −41%	126 −58%
Tax rate	25%	27%	25%	26%	25%	25%	26%
Net profit	102	146	225	145	108 +6%	88 −40%	93 −59%
EPS	14.62	20.77	32.06	20.68	15.44	12.54	13.25

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.

What they filed

More Capital Goods earnings calls