Ratnamani Metals & Tubes (NSE:RATNAMANI) Inventories, Finished Goods: ₹2,177 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:RATNAMANI Ratnamani Metals & Tubes Ltd NSE:RATNAMANI
97 GF Score
Price ₹2,371.80
GF Value ₹2,656.61
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Ratnamani Metals & Tubes Inventories, Finished Goods?

Ratnamani Metals & Tubes NSE:RATNAMANI +0.55% 97 Inventories, Finished Goods is ₹2,177 Mil as of Mar. 2026. GuruFocus rates NSE:RATNAMANI with a GF Score™ of 97/100 and a GF Value™ of ₹2,656.61 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Ratnamani Metals & Tubes's quarterly finished goods stayed the same from Sep. 2025 (₹0 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹2,177 Mil).

Ratnamani Metals & Tubes's annual finished goods increased from Mar. 2024 (₹1,123 Mil) to Mar. 2025 (₹2,429 Mil) but then declined from Mar. 2025 (₹2,429 Mil) to Mar. 2026 (₹2,177 Mil).

Ratnamani Metals & Tubes Inventories, Finished Goods Historical Data

* Premium members only.

The historical data trend for Ratnamani Metals & Tubes's Inventories, Finished Goods 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 Inventories, Finished Goods Chart

Ratnamani Metals & Tubes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventories, Finished Goods
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,144.29 1,629.61 1,123.18 2,429.26 2,176.75

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
Inventories, Finished Goods 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 2,429.26 0.00 0.00 0.00 2,176.75
NSE:RATNAMANI
97GF Score
Ratnamani Metals & Tubes Ltd NSE:RATNAMANI
Inventories, Finished Goods is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ratnamani Metals & Tubes Inventories, Finished Goods Calculation

The products in a manufacturer's inventory that are completed and are waiting to be sold.

What does a Inventories, Finished Goods of ₹2,177 Mil mean?
Ratnamani Metals & Tubes (NSE:RATNAMANI) has a Inventories, Finished Goods of ₹2,177 Mil as of Mar. 2026. Finished goods are inventory items that are complete and ready to be sold. View historical data on Ratnamani Metals & Tubes and its competitors.
Is Ratnamani Metals & Tubes' Inventories, Finished Goods too high?
Ratnamani Metals & Tubes' current Inventories, Finished Goods is ₹2,177 Mil. Overall, Ratnamani Metals & Tubes has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ratnamani Metals & Tubes' Inventories, Finished Goods compare to NUE and STLD?
Ratnamani Metals & Tubes' Inventories, Finished Goods of ₹2,177 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 Inventories, Finished Goods for a Steel company?
A good Inventories, Finished Goods depends on the Steel industry context. However, Inventories, Finished Goods 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 Inventories, Finished Goods mean?
A high Inventories, Finished Goods can signal that a stock is expensive relative to its fundamentals. Finished goods are inventory items that are complete and ready to be sold. View historical data on Ratnamani Metals & Tubes and its competitors. Ratnamani Metals & Tubes's current Inventories, Finished Goods is ₹2,177 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 Modestly Undervalued. The stock's GF Value™ is ₹2,656.61, compared to a current price of ₹2,371.80 — trading 10.7% below its estimated fair value. The current Inventories, Finished Goods is ₹2,177 Mil. Ratnamani Metals & Tubes' overall GF Score™ is 97/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Finished Goods calculated?
Inventories, Finished Goods is calculated from a company's financial statements. For Ratnamani Metals & Tubes (NSE:RATNAMANI), the current Inventories, Finished Goods is ₹2,177 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 ₹2,371.80 is trading 10.7% below its estimated GF Value™ of ₹2,656.61. GuruFocus considers Ratnamani Metals & Tubes to be Modestly Undervalued.

Key valuation signals for NSE:RATNAMANI:

  • Inventories, Finished Goods: ₹2,177 Mil
  • GF Value™: ₹2,656.61 vs. price of ₹2,371.80 (10.7% below fair value)
  • GF Score™: 97/100 with 3 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.
97GF Score

Get the complete analysis for NSE:RATNAMANI

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

₹2,371.80
Price
₹2,656.61
GF Value