Ratnamani Metals & Tubes Limited has informed the Exchange that Record date for the purpose of Dividend is 11-Aug-2026.
RATNAMANI · price
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Ratnamani Metals & Tubes Limited reported FY2026 audited results with standalone revenue declining 24% to Rs 3,689 crore (vs Rs 4,876 crore in FY2025), and consolidated revenue declining 13% to Rs 4,494 crore. Standalone net profit fell 25% to Rs 434 crore (EPS Rs 61.91), while consolidated net profit attributable to owners declined 11% to Rs 483 crore (EPS Rs 68.85). The Board recommended a dividend of Rs 10 per share (500%) for FY2026, subject to shareholder approval at the AGM on August 18, 2026. The record date for dividend eligibility is August 11, 2026. Auditors issued an unmodified opinion with no qualifications. An exceptional item of Rs 780.85 lakhs was reversed (excess provision for New Labour Codes). Internal and cost auditors were reappointed for FY2027.
Revenue and profit declined significantly year-on-year due to challenging market conditions, though the company maintains a strong balance sheet with healthy cash generation. Dividend payout remains committed, providing shareholder returns despite lower earnings. Unmodified audit opinion indicates no material concerns.