Ratnamani Metals & Tubes (NSE:RATNAMANI) EBIT: ₹7,377 Mil (TTM As of Mar. 2026)


NSE:RATNAMANI Ratnamani Metals & Tubes Ltd NSE:RATNAMANI
96 GF Score
Price ₹2,510.00
GF Value ₹2,638.70
Valuation Fairly Valued
! 7 Warning Signs
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What is Ratnamani Metals & Tubes EBIT?

Ratnamani Metals & Tubes NSE:RATNAMANI -2.34% 96 EBIT is ₹7,377 Mil as of Mar. 2026. GuruFocus rates NSE:RATNAMANI with a GF Score™ of 96/100 and a GF Value™ of ₹2,638.70 (Fairly Valued). The stock has 7 warning signs investors should review.

Ratnamani Metals & Tubes's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹1,603 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹7,377 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ratnamani Metals & Tubes's annualized ROC % for the quarter that ended in Mar. 2026 was 8.86%. Ratnamani Metals & Tubes's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 17.94%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ratnamani Metals & Tubes's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.33%.


Ratnamani Metals & Tubes  (NSE:RATNAMANI) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Ratnamani Metals & Tubes's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=4757.476 * ( 1 - 24.75% )/( (0 + 40427.804)/ 1 )
=3580.00069/40427.804
=8.86 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=53876.044 - 3472.585 - ( 9975.655 - max(0, 8688.629 - 34063.755+9975.655))
=40427.804

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Ratnamani Metals & Tubes's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=6413.18/( ( (0 + max(0, 0)) + (18914.817 + max(16830.436, 0)) )/ 1 )
=6413.18/( ( 0 + 35745.253 )/ 1 )
=6413.18/35745.253
=17.94 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10133.833 + 12748.603 + 1199.854) - (3472.585 + 0 + 3779.269)
=16830.436

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Ratnamani Metals & Tubes's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=7376.827/170228.602
=4.33 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ratnamani Metals & Tubes EBIT Related Terms


Ratnamani Metals & Tubes EBIT Historical Data

* Premium members only.

The historical data trend for Ratnamani Metals & Tubes's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ratnamani Metals & Tubes EBIT Chart

Ratnamani Metals & Tubes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,482.21 7,148.69 8,583.47 7,754.18 7,376.83

Ratnamani Metals & Tubes Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,826.07 1,867.76 2,061.16 1,844.62 1,603.30

NSE:RATNAMANI vs NUE, STLD, RS: EBIT Comparison

For the Steel subindustry, Ratnamani Metals & Tubes's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ratnamani Metals & Tubes EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Ratnamani Metals & Tubes's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ratnamani Metals & Tubes's EV-to-EBIT falls into.


NSE:RATNAMANI
96GF Score
Ratnamani Metals & Tubes Ltd NSE:RATNAMANI
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Ratnamani Metals & Tubes EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹7,377 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹7,377 Mil mean?
Ratnamani Metals & Tubes (NSE:RATNAMANI) has a EBIT of ₹7,377 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Ratnamani Metals & Tubes.
Is Ratnamani Metals & Tubes' EBIT too high?
Ratnamani Metals & Tubes' current EBIT is ₹7,377 Mil. Overall, Ratnamani Metals & Tubes has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ratnamani Metals & Tubes' EBIT compare to NUE and STLD?
Ratnamani Metals & Tubes' EBIT of ₹7,377 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Steel company?
A good EBIT depends on the Steel industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Ratnamani Metals & Tubes. Ratnamani Metals & Tubes's current EBIT is ₹7,377 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratnamani Metals & Tubes stock overvalued right now?
Based on GuruFocus' analysis, Ratnamani Metals & Tubes (NSE:RATNAMANI) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,638.70, compared to a current price of ₹2,510.00 — trading 4.9% below its estimated fair value. The current EBIT is ₹7,377 Mil. Ratnamani Metals & Tubes' overall GF Score™ is 96/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Ratnamani Metals & Tubes (NSE:RATNAMANI), the current EBIT is ₹7,377 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ratnamani Metals & Tubes (NSE:RATNAMANI) Overvalued in 2026?

Based on GuruFocus' analysis, Ratnamani Metals & Tubes stock appears to be undervalued. The current stock price of ₹2,510.00 is trading 4.9% below its estimated GF Value™ of ₹2,638.70. GuruFocus considers Ratnamani Metals & Tubes to be Fairly Valued.

Key valuation signals for NSE:RATNAMANI:

  • EBIT: ₹7,377 Mil
  • GF Value™: ₹2,638.70 vs. price of ₹2,510.00 (4.9% below fair value)
  • GF Score™: 96/100 with 7 warning signs

No single metric tells the full story. See the NSE:RATNAMANI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ratnamani Metals & Tubes Business Description

Other Exchanges 520111:India
Address The First Avenue Road, Off 132 Ft Ring Road, The First, A & B Wing, 9th Floor, Behind Keshav Baug Party Plot, Vastrapur, Ahmedabad, GJ, IND, 380015
Ratnamani Metals & Tubes Ltd is a manufacturer of stainless steel pipes, tubes, and carbon steel pipes. The company's product mix consists of stainless steel tubes and pipes, carbon steel pipes, and external and internal coating solutions. It operates in the Steel Tubes and Pipes segment. The company's end market by revenue is India. The firm's manufacturing facilities are located in Kutch, Indrad, and Chhatral in the state of Gujarat.
96GF Score

Get the complete analysis for NSE:RATNAMANI

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2,510.00
Price
₹2,638.70
GF Value