Ratnamani Metals & Tubes Ltd has announced its audited financial results for the year ended March 31, 2026. The company reported a standalone annual net profit of ₹433.96 crore. In a major move for shareholders, the Board of Directors has recommended a dividend of ₹10 per equity share (500%). The company also announced that the 42nd Annual General Meeting will be held on August 18, 2026, to approve these recommendations.
Financial Performance Overview
For the financial year ended March 31, 2026, the company achieved a robust standalone total income of ₹3,814.39 crore. On a consolidated basis, the group performance was even stronger, reflecting the company’s diversified operations across global subsidiaries, with consolidated total income reaching ₹4,615.91 crore for the same period.
Dividend and Shareholder Information
The Board of Directors has recommended a final dividend of ₹10 per equity share, representing a 500% payout on the face value of ₹2.00 per share. This proposal is subject to approval by the members at the upcoming 42nd Annual General Meeting, which is scheduled to take place on Tuesday, August 18, 2026. Shareholders eligible for this dividend will be determined based on the record date fixed for Tuesday, August 11, 2026.
Strategic Developments
The company continues to expand its global footprint. During the year, the holding company successfully transitioned Ratnamani Trade EU AG into a wholly-owned subsidiary after acquiring the remaining 40% equity stake. Furthermore, the company has successfully optimized its workforce-related liabilities, reversing an excess provision of ₹7.81 crore following a refinement of assumptions under the new labour code framework.
Operational Insights
The consolidated segment performance highlights the strength of the core Steel Tubes and Pipes business, which remains the primary revenue driver. The company also reported steady growth in its Bearing Rings and Pipe Spools segments, demonstrating operational resilience and effective market penetration across both domestic and international markets throughout the 2025-26 fiscal year.
Source: BSE
