RATNAMANI

Ratnamani Metals & Tubes Ltd shares surged

Ratnamani Metals & Tubes Ltd shares surged nearly 18 % to ₹2,776 on 24 Aug 2026 after its subsidiary Ratnamani Finow Spooling Solutions secured export orders worth USD 286 million (≈ ₹2,700 crore) for spools and hangers, to be executed over two to three years.  🔑 Key Developments (August 2026) 1. Major Export Order Win Subsidiary: Ratnamani Finow Spooling Solutions Pvt Ltd Order Value: USD 286 million (≈ ₹2,700 crore) Products: Spools and Hangers for international clients Execution Timeline: 2–3 years (2026–2029) Model: Hybrid production — partly in‑house, partly sub‑contracted Impact: Boosts international order book and revenue visibility; may pressure margins due to sub‑contracting and currency fluctuations.  2. Stock Market Reaction Date: 24 Aug 2026 BSE Price: ₹2,776.45 (+18 %) NSE Price: ₹2,699 (+14.6 %) Market Cap: ≈ ₹18,800 crore Volume: Heavy buying amid otherwise subdued market sentiment. Short‑Term Trend: Bullish momentum after announcement; 21 % rally in two days.  3. Financial Performance (Q1 FY27 & Q1 FY26 Comparison) Metric Q1 FY27 Q1 FY26 Change Revenue ₹971.63 Cr ₹1,151.62 Cr ‑16 % EBITDA ₹179.79 Cr ₹218.44 Cr ‑18 % EBITDA Margin 18.5 % 19.0 % ‑0.5 pp PBT ₹137.41 Cr ₹175.78 Cr ‑22 % Standalone Sales (June 2026) ₹740.78 Cr (‑30 % YoY) ₹1,062.40 Cr