Case study

RATNAMANI

Ratnamani Metals & Tubes Limited

Mixed signals1y model +9.1%

Each stock's 10,000-path forecast, rendered as light.

47Score

Ratnamani Metals & Tubes Limited (RATNAMANI) Stock Analysis & Case Study

Is RATNAMANI a good buy? The data-driven verdict.

Ratnamani Metals & Tubes Limited (RATNAMANI) trades at ₹2,371,on the numbers it mixed signals, a Downstox Snapshot Score of 47/100.

On the numbers, Ratnamani Metals & Tubes Limited (RATNAMANI) mixed signals, a Downstox Snapshot Score of 47/100, weighing premium at 33.9× earnings, ROE of 12.6%, a 60% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

RATNAMANI fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹16,583 Cr
Current price
₹2,371
P/E ratio
33.9×
P/B ratio
4.05×
Book value
₹586
Dividend yield
0.42%
ROCE
17.9%
ROE
12.6%
Piotroski F-Score
4/8

How RATNAMANI ranks against the 2,371 companies in our screener

We do not hold a 3-year revenue growth figure for RATNAMANI, as of 8 Aug 2026, so it is not ranked here.

Is RATNAMANI overvalued? RATNAMANI P/E vs peers

RATNAMANI trades at 33.9× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

RATNAMANI share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of RATNAMANI history (19%/yr drift, 34%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
RATNAMANI 2027₹1,549₹2,397₹3,710+9%
RATNAMANI 2028₹1,411₹2,615₹4,847+19%
RATNAMANI 2029₹1,345₹2,852₹6,047+30%
RATNAMANI 2030₹1,297₹3,111₹7,462+42%
RATNAMANI 2031₹1,300₹3,394₹8,861+54%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability RATNAMANI goes up, or doubles?

60%
Higher in 1 year
Modelled chance the price is above today in 12 months
72%
Higher in 5 years
Modelled chance the price is above today in 5 years
37%
Doubles in 5 years
Modelled chance of reaching ₹4,395 within 5 years

The bull case for RATNAMANI

  • RATNAMANI's return on equity of 12.6% ranks in the 62nd percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹6,047.

The bear case & risks

  • RATNAMANI's P/E of 33.9x is lower than 41% of the 2,371 NSE companies in our screener, as of 8 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹1,345.

RATNAMANI volatility & expected range, how bumpy is the ride?

Over the last 9.8 years RATNAMANI compounded at 19%/year with annualized volatility of 34%. That volatility implies a 1-year 80% range of ₹1,549-₹3,710, the honest backbone behind any single price target.

RATNAMANI price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
9.1%
80% range₹1,549-₹3,710
P(price ↑)60%
P(price 2×)4%
3-Year Forecast
2029
₹0
Median (P50)
29.8%
80% range₹1,345-₹6,047
P(price ↑)67%
P(price 2×)24%
5-Year Forecast
2031
₹0
Median (P50)
54.4%
80% range₹1,300-₹8,861
P(price ↑)72%
P(price 2×)37%

RATNAMANI price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
RATNAMANI simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds RATNAMANI hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the RATNAMANI price target & forecast page.

RATNAMANI Piotroski F-Score: 4/8, how financially strong is it?

4/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. RATNAMANI scores 4/8, mixed financial health.

RATNAMANI MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy RATNAMANI with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox35.00%2.9×
Zerodha33.47%3.0×
Groww33.27%3.0×
Dhan33.47%3.0×
Kotak Neo34.97%2.9×
Paytm Money33.43%3.0×
Pocketful33.62%3.0×
Anand Rathi33.47%3.0×
Bajaj Broking35.00%2.9×
Share IndiaCHEAPEST33.23%3.0×

Compare every broker on the RATNAMANI MTF page.

About Ratnamani Metals & Tubes Limited: sector, index & market-cap context

Ratnamani Metals & Tubes Limited (RATNAMANI) is a small-cap NSE-listed company, with a market capitalisation of ₹16,583 Cr. See more stocks on our screener.

How the RATNAMANI Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Ratnamani Metals & Tubes Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

RATNAMANI analysis, FAQs

Is Ratnamani Metals & Tubes Limited (RATNAMANI) a good buy?

On the numbers, Ratnamani Metals & Tubes Limited (RATNAMANI) mixed signals, a Downstox Snapshot Score of 47/100, weighing premium at 33.9× earnings, ROE of 12.6%, a 60% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is RATNAMANI overvalued or undervalued?

RATNAMANI trades at 33.9× earnings, premium versus the ~22× long-run Nifty average.

What is the RATNAMANI share price target for 2031?

RATNAMANI's probability-weighted 2031 median target is ₹3,394, with an 80% range of ₹1,300-₹8,861 (10,000-path Monte-Carlo).

What is the probability RATNAMANI doubles in 5 years?

The modelled probability of RATNAMANI reaching ₹4,395 (2×) within 5 years is 37%.

What is the bull case for RATNAMANI?

RATNAMANI's return on equity of 12.6% ranks in the 62nd percentile of the 2,371 NSE companies in our screener, as of 8 Aug 2026.

What are the risks in RATNAMANI?

RATNAMANI's P/E of 33.9x is lower than 41% of the 2,371 NSE companies in our screener, as of 8 Aug 2026.

More on RATNAMANI