Ratnamani Metals Q2 Results FY27 Preview: Results Date, Expectations and the Numbers That Will Decide the September 2026 Quarter

The Ratnamani Metals Q2 results FY27 announcement is the next scheduled earnings event for Ratnamani Metals & Tubes Ltd., an Ahmedabad based maker of stainless steel pipes and tubes in both welded and drawn form, including nickel alloy and titanium grades, and of large diameter carbon steel line pipe with coating facilities, supplying oil and gas, refinery, petrochemical, power, fertiliser and water infrastructure projects. The stock traded at Rs 2,809.00 on the NSE on 15 September 2026, down 0.09% from the previous close of Rs 2,811.40, about 16.0% below its 52-week high of Rs 3,345.00 and 45.1% above its 52-week low of Rs 1,936.50.

What makes the Ratnamani Metals Q2 results print worth watching is the base it faces. The September 2025 quarter delivered Rs 1,192.00 crore of revenue and a profit of Rs 156.00 crore, while the most recent quarter on record, Q1 FY27, produced Rs 972.00 crore and a profit of Rs 107.00 crore. Everything below is built from those reported figures rather than from any forecast.

Click Here – Get Free Investment Predictions

When Is the Ratnamani Metals Q2 Results FY27 Date?

The Ratnamani Metals Q2 results date for FY27 is not confirmed. As of 15 September 2026, Ratnamani Metals & Tubes Ltd. had not filed a board meeting intimation with the NSE or BSE for the September 2026 quarter, so any date circulating before that filing appears should be treated as unverified.

What can be stated is the regulatory boundary. Listed companies in India must publish quarterly results within 45 days of the end of the quarter, which places the outer deadline for the September 2026 quarter at 14 November 2026. Companies also have to give the exchanges prior intimation of the board meeting that approves the results, so the Ratnamani Metals Q2 results date becomes public through that filing rather than through any advance announcement.

The Ratnamani Metals Q2 results FY27 print covers 1 July 2026 to 30 September 2026. Small and mid-cap companies more often report in the second half of that window than in the first, so late October or early November is the range to watch for Ratnamani Metals and Tubes.

Ratnamani Metals Q2 Results Expectations: What the Market Is Actually Tracking

No verified analyst estimate for the Ratnamani Metals Q2 results FY27 quarter is in the public domain, so no revenue or profit figure should be assumed for Ratnamani Metals and Tubes. The Ratnamani Metals Q2 results watchlist below is built from what the company has actually reported and disclosed.

The first is revenue, which was Rs 1,192 crore in September 2025 against Rs 972 crore in Q1 FY27, a fall of about 18%. June 2026 is the weakest quarter in about three years, and revenue has declined in three of the last four quarters from the September 2025 peak.

The second is the operating margin, which was 18% in September 2025 and 17% in Q1 FY27. The margin has held in a 14% to 19% band even as revenue fell, so the weakness is in volume rather than in pricing.

The third is that the per share line does not track the profit line. Net profit divided by earnings per share implies between 6.75 crore and 9.13 crore shares across the five quarters against an actual count of about 7.0 crore, so the earnings per share row is not simply consolidated profit divided by shares.

Check Ratnamani Metals & Tubes Ltd. Live Fundamentals on the Univest Screener

Ratnamani Metals Q2 Results Preview: The Q1 FY27 Actuals It Builds On

Ratnamani Metals & Tubes Ltd. reported revenue of Rs 972.00 crore in Q1 FY27, down 15.62% from Rs 1,152.00 crore in Q1 FY26, and a profit of Rs 107.00 crore at the net level, down 15.75% from Rs 127.00 crore in Q1 FY26. These are reported actuals, not estimates.

Sequentially, revenue was down 10.41% over the March 2026 quarter figure of Rs 1,085.00 crore, and net profit was down 7.76% from Rs 116.00 crore in Q4 FY26. Operating margin stood at 17% in Q1 FY27 against 18% in the September 2025 quarter, which is the comparison the Ratnamani Metals Q2 results print will be read against.

Q2 FY26 Base: The Comparison Ratnamani Metals Q2 Results FY27 Must Beat

Ratnamani Metals & Tubes Ltd. reported revenue of Rs 1,192.00 crore and a profit of Rs 156.00 crore in Q2 FY26, the September 2025 quarter. That is the year-ago base against which the September 2026 numbers will be judged, and it is the single most useful figure in this Ratnamani Metals Q2 results preview.

Net profit in that base quarter was above the Rs 107.00 crore just reported for Q1 FY27, so the year-on-year comparison starts from a demanding level. Revenue of Rs 1,192.00 crore sits above the Rs 972.00 crore of the June 2026 quarter, which frames how much sequential movement the Ratnamani Metals Q2 results print needs to show growth.

Ratnamani Metals and Tubes Quarterly Results Trend Over the Last Four Quarters

Quarter	Revenue (Rs Cr)	Net Profit (Rs Cr)
Q2 FY26 (Sep 2025)	1,192.00	156.00
Q3 FY26 (Dec 2025)	1,066.00	135.00
Q4 FY26 (Mar 2026)	1,085.00	116.00
Q1 FY27 (Jun 2026)	972.00	107.00

Figures in brackets denote negative numbers. All four quarters above are reported actuals taken from the company's exchange filings, and they are the only basis this Ratnamani Metals Q2 results preview uses.

Revenue across those four quarters ranged from Rs 972.00 crore to Rs 1,192.00 crore, and net profit from Rs 107.00 crore to Rs 156.00 crore. That spread is the honest context for the Ratnamani Metals Q2 results FY27 print, and it is why a single quarter should not be read as a trend on its own.

Key Factors That Could Shape Ratnamani Metals Q2 Results FY27

The Ratnamani Metals Q2 results outcome will turn on a small number of company-specific variables rather than on broad market conditions. The three below are the ones visible in what Ratnamani Metals and Tubes has already reported.

Order Flow Follows Project Awards

Line pipe and process tube demand comes from pipeline, refinery and water project awards, so revenue recognition follows despatch schedules that are lumpy. A gap between award and execution shows up exactly as a run of smaller quarters at an unchanged margin.

Alloy Grades Carry the Margin

Nickel alloy, duplex and titanium tubes earn far more per tonne than standard carbon steel line pipe, so the product mix in a quarter matters as much as the tonnage. A stable margin through falling revenue is consistent with mix holding up.

The Balance Sheet Is Almost Unlevered

Borrowings against reserves give a debt to equity ratio of 0.08 and interest fell from Rs 11 crore to Rs 6 crore across the window. The share trades at 4.76 times book value of Rs 586.00, above both its 50 day and 200 day averages.

Ratnamani Metals Q2 Results FY27: Share Price and Valuation Going Into the Print

Ratnamani Metals and Tubes share price today is Rs 2,809.00 on the NSE, down Rs 2.40 or 0.09% from the previous close of Rs 2,811.40 on 15 September 2026, ahead of the Ratnamani Metals Q2 results announcement.

Metric	Value (15 September 2026)
NSE Symbol	RATNAMANI
Current Market Price	Rs 2,809.00
52-Week High	Rs 3,345.00
52-Week Low	Rs 1,936.50
Market Capitalisation	Rs 19,686 crore
PE Ratio	45.49
PB Ratio	4.79
EPS (TTM)	Rs 61.75
Book Value per Share	Rs 586.00
Debt to Equity	0.08
Return on Equity	12.6%
50-Day Moving Average	Rs 2519.97
200-Day Moving Average	Rs 2431.58
RSI (14)	57.08

The stock trades above both its 50-day average of Rs 2519.97 and its 200-day average of Rs 2431.58, with a 14-day RSI of 57.08. None of this is a view on where the shares go once the Ratnamani Metals Q2 results are announced, and no price target is offered here.

Download the Univest iOS App or Univest Android App to track Ratnamani Metals & Tubes Ltd. live price and quarterly earnings updates.

What Investors Should Watch When Ratnamani Metals Q2 Results Are Announced

Four lines carry most of the information in a company of this size, and reading them in order keeps the Ratnamani Metals Q2 results print in proportion.

1. Revenue against the Rs 1,192.00 crore reported in the September 2025 base quarter
2. Net profit against a profit of Rs 156.00 crore in that same quarter
3. Operating margin against 17% in Q1 FY27
4. Any exceptional item, provision or one-off gain disclosed alongside the numbers

A one-off gain or provision can move the reported profit far more than operations do in a company this size, which is why the Ratnamani Metals Q2 results announcement should be read together with the notes to the results rather than the headline alone.

Conclusion on Ratnamani Metals Q2 Results FY27

The Ratnamani Metals Q2 results date is not confirmed, and 14 November 2026 is the statutory outer limit rather than an expected date. Ratnamani Metals & Tubes Ltd. will make the schedule public through a board meeting intimation to the exchanges, and until then the September 2026 quarter can only be framed by what has already been reported.

On that basis the Ratnamani Metals Q2 results FY27 print faces a base of Rs 1,192.00 crore in revenue and a profit of Rs 156.00 crore, with the most recent quarter having delivered Rs 972.00 crore and a profit of Rs 107.00 crore. No numerical estimate appears in this preview because no verified consensus figure exists for Ratnamani Metals and Tubes, and readers should treat any preview that supplies one with caution. Verify every figure against the company filing on release and consult a SEBI-registered advisor before acting on quarterly earnings.

FAQs on Ratnamani Metals Q2 Results FY27

What is the Ratnamani Metals Q2 results date for FY27?

Ans. The Ratnamani Metals Q2 results date for FY27 is not confirmed. Ratnamani Metals & Tubes Ltd. had not filed a board meeting intimation with the NSE or BSE as of 15 September 2026. Indian listing rules require the September 2026 quarter results to be published by 14 November 2026 at the latest.

What quarter do the Ratnamani Metals Q2 results 2026 cover?

Ans. The Ratnamani Metals Q2 results FY27 cover 1 July 2026 to 30 September 2026, known as the September 2026 quarter. Ratnamani Metals & Tubes Ltd. reports revenue, operating profit and net profit for that period, and the Ratnamani Metals Q2 results filing also carries the notes to the accounts.

What were the Ratnamani Metals and Tubes Q1 FY27 results?

Ans. Ratnamani Metals & Tubes Ltd. reported revenue of Rs 972.00 crore in Q1 FY27 and a profit of Rs 107.00 crore at the net level. Revenue was down 15.62% versus Q1 FY26 and net profit was down 15.75% from Rs 127.00 crore in Q1 FY26.

What were Ratnamani Metals and Tubes Q2 FY26 results in the September 2025 quarter?

Ans. Ratnamani Metals & Tubes Ltd. reported revenue of Rs 1,192.00 crore and a profit of Rs 156.00 crore in Q2 FY26. Operating margin was 18%. Those figures form the base for the Ratnamani Metals Q2 results FY27 comparison.

What are the main Ratnamani Metals Q2 results expectations this quarter?

Ans. No verified analyst estimate is publicly available. The Ratnamani Metals Q2 results expectations centre on revenue against the Rs 1,192.00 crore base, net profit against a profit of Rs 156.00 crore, operating margin against 17% in Q1 FY27, and any exceptional item disclosed with the numbers.

What is Ratnamani Metals and Tubes share price today ahead of the Q2 earnings?

Ans. Ratnamani Metals and Tubes share price is Rs 2,809.00 on the NSE as of 15 September 2026, down 0.09% from Rs 2,811.40. The stock is about 16.0% below its 52-week high of Rs 3,345.00 and 45.1% above its 52-week low of Rs 1,936.50, at a market capitalisation of Rs 19,686 crore.

Is Ratnamani Metals and Tubes a good stock to buy before the Q2 results?

Ans. This article does not offer a buy, sell or hold recommendation on Ratnamani Metals & Tubes Ltd. The stock trades at a price-to-book ratio of 4.79 with a return on equity of 12.6%. Assess the reported numbers when they are released and consult a SEBI-registered financial advisor before making any decision.