Integrated Filing — IndAS



General information about company

Scrip Code 520111
NSE Symbol RATNAMANI
MSEI Symbol NOTLISTED
ISIN INE703B01027
Name of company RATNAMANI METALS & TUBES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 06-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 31-01-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 06-02-2026   11:30:00
End date and time of board meeting 06-02-2026   15:00:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 1,06,583.34 3,40,913.92
Other income 3,116.85 8,836.88
Total income 1,09,700.19 3,49,750.80
2 Expenses
(a) Cost of materials consumed 72,037.07 2,07,481.91
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (11,614.84) (3,693.70)
(d) Employee benefit expense 9,475.26 27,206.77
(e) Finance costs 738.21 2,504.80
(f) Depreciation, depletion and amortisation expense 3,321.56 9,691.58
(f) Other Expenses
1 Other Expenses 16,214.53 49,508.50
Total other expenses 16,214.53 49,508.50
Total expenses 90,171.79 2,92,699.86
3 Total profit before exceptional items and tax 19,528.40 57,050.94
4 Exceptional items (1,820.42) (1,820.42)
5 Total profit before tax 17,707.98 55,230.52
6 Tax expense
7 Current tax 4,306.43 13,133.81
8 Deferred tax (136.28) 240.92
9 Total tax expenses 4,170.15 13,374.73
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 13,537.83 41,855.79
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 13,537.83 41,855.79
17 Other comprehensive income net of taxes 617.35 495.02
18 Total Comprehensive Income for the period 14,155.18 42,350.81
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 10,985.23 37,790.03
Total profit or loss, attributable to non-controlling interests 2,552.60 4,065.76
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 11,603.34 38,272.94
Total comprehensive income for the period attributable to owners of parent non-controlling interests 2,551.84 4,077.87
21 Details of equity share capital
Paid-up equity share capital 1,401.84 1,401.84
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 15.67 53.91
Diluted earnings (loss) per share from continuing operations 15.66 53.9
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 15.67 53.91
Diluted earnings (loss) per share from continuing and discontinued operations 15.66 53.9
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1) The above consolidated financial results of Ratnamani Metals & Tubes Limited (the Holding Company) along with its subsidiaries (the Holding Company and its subsidiaries together referred to as the Group’) were reviewed and recommended by the Audit Committee and approved by the Board of Directors at their meetings held on February 05, 2026 and February 06, 2025 respectively. The financial results includes results of the following subsidiaries: 1. Ratnamani INC 2. Ravi Technoforge Private Limited 3. Ratnamani Finow Spooling Solutions Private Limited 4. Ratnamani Trade EU AG 5. Ratnamani Middle East Pipes Trading LLC OPC 2) During the quarter ended September 30, 2025, the Holding Company executed a Master Amendment Agreement dated September 18, 2025 to the earlier Share Subscription-cum-Purchase Agreement and Shareholders’ Agreement with Ravi Technoforge Private Limited (RTL) and its existing / selling shareholders, pursuant to which it was mutually agreed that the Holding Company’s shareholding in RTL shall not exceed 75% on a fully diluted basis. Accordingly, the change in shareholding from 80.017% to 75.00% has been recognised by re-measuring the non-controlling interest. 3) During the quarter ended September 30, 2025, the Holding Company acquired 40,000 (Forty Thousand) equity shares of Ratnamani Trade EU AG (RTEU), representing 40% of its issued, subscribed and paid-up equity share capital, from Technoenergy AG (minority shareholder) at a price of EUR 10 per share, for an aggregate consideration of EUR 4,00,000 (Euro Four Lakh Only). Consequently, with effect from September 24, 2025, RTEU has become a wholly-owned subsidiary of the Holding Company and the non-controlling interest has been derecognised and transferred to owner’s equity. 4) The Government of India has notified the four Labour Codes with effect from November 21, 2025, which consolidates 29 existing labour laws. The Labour Codes, amongst other things Introduce changes, Including a uniform definition of wages and enhanced benefits relating to leaves and gratuity. Considering information available and based on certain estimates and actuarial valuation, the group has made an incremental provision of Rs.1,820.42 Lakhs. towards additional Gratuity and Compensated absences attributable to past service cost, primarily due to the revised definition of wages under the Labour Codes and disclosed the same as Statutory Impact of New Labour Codes under Exceptional Items In the Consolidated financial results for the Quarter and nine months ended December 31, 2025. The group continues to monitor the developments relating to the Implementation of the Labour Codes and will review the estimates as further clarification and Rules are notified. 5) The Nomination and Remuneration Committee (Compensation Committee) of the Board of Directors of the Company at its meeting held on November 6, 2025 has approved grant of 5,51,929 stock options to the eligible employee(s) of Ratnamani Metals & Tubes Limited (the Company) and 22,649 stock options to the eligible employee(s) of Ratnamani Finow Spooling Solutions Private Limited, (subsidiary of the Company) under Grant II. This Scheme has been approved by the Board of Directors vide its resolution dated May 16, 2024 and also by the Shareholders on August 27, 2024 in terms of the Companies Act, 2013 and the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The eligible employees will be entitled to receive equity shares of the Company at the exercise price of Rs.1,836 per share under Grant II upon exercise of options subject to terms and conditions specified in the scheme. 6) Key numbers of Standalone Financial Results of the Company for the quarter and nine months ended December 31, 2025 are as per the attachment. The Standalone Financial Results are available at the Company’s website www.ratnamani.com and on the website of the stock exchanges www.bseindia.com and www.nseindia.com. 7) CONSOLIDATED SEGMENT WISE REVENUE, RESULTS, ASSETS & LIABILITIES FOR THE QUARTER AND NINE MONTHS ENDED ON DECEMBER 31, 2025 AS PER THE ATTACHMENT.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Steel Tubes and Pipes 77,179.51 2,81,926.54
2 Bearing Rings 9,848.04 27,133.98
3 Pipe Spools and Auxiliary Support Systems 19,555.79 31,853.40
Total Segment Revenue 1,06,583.34 3,40,913.92
Less: Inter segment revenue 0.00 0.00
Revenue from operations 1,06,583.34 3,40,913.92
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Steel Tubes and Pipes 11,550.78 44,042.07
2 Bearing Rings 838.97 2,420.74
3 Pipe Spools and Auxiliary Support Systems 6,399.14 9,228.14
Total Profit before tax 18,788.89 55,690.95
i. Finance cost 738.21 2,504.80
ii. Other Unallocable Expenditure net off Unallocable income 342.70 (2,044.37)
Profit before tax 17,707.98 55,230.52
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Steel Tubes and Pipes 4,29,017.79 4,29,017.79
2 Bearing Rings 49,229.55 49,229.55
3 Pipe Spools and Auxiliary Support Systems 50,287.11 50,287.11
Total Segment Asset 5,28,534.45 5,28,534.45
Un-allocable Assets 0.00 0.00
Net Segment Asset 5,28,534.45 5,28,534.45
4 Segment Liabilities
Segment Liabilities
1 Steel Tubes and Pipes 71,171.02 71,171.02
2 Bearing Rings 25,541.43 25,541.43
3 Pipe Spools and Auxiliary Support Systems 23,695.93 23,695.93
Total Segment Liabilities 1,20,408.38 1,20,408.38
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 1,20,408.38 1,20,408.38
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss (619.16) (452.50)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 1.81 (42.52)
5 Total Other comprehensive income 617.35 495.02