RATNAMANI

What Ratnamani Metals & Tubes promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q4 FY26

what the last two calls moved 14 tracked 4 delivered 3 missed 7 open
  • Annualized Standalone EBITDA Margin delivered said Q2 FY24 Promised: 16% to 18% Q4 FY26: FY26 target met. Management reiterated guidance for FY27 at '16% plus/minus 1%'.
  • Orissa Plant Phase-II Commissioning went quiet said Q4 FY24 Promised: End of FY25 Q4 FY26: The deadline of 'end of FY26' for Phase-II commissioning has passed. No confirmation of completion was provided in the call.
  • Saudi JV Operational Timeline delayed said Q4 FY25 Promised: December 2026 Q4 FY26: Timeline for trials pushed from Dec 2026 to 'within March 2027', with a potential further 3-month spillage.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 14 tracked commitments for Ratnamani Metals & Tubes — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens