Also trades as: RATNAMANI.BO (BSE) · $vol 0M

₹2,595.40 ($26.97)

-24.00 (-0.92%)

NSE · Basic Materials · Steel · Tech Score Neutral · Power 52 · ₹183.6B mcap · 21M float · 0.323% daily turnover

Revenue

$44.9B -12.7% ▼

5Y CAGR: +14.4%

Gross Profit

$13.2B -19.4% ▼

5Y CAGR: +11.6%

Operating Income

$6.3B -12.7% ▼

5Y CAGR: +12.8%

Net Income

$4.8B -11.3% ▼

5Y CAGR: +11.8%

EPS (Diluted)

$68.81 -10.9% ▼

5Y CAGR: +11.8%

EBITDA

$8.7B -0.1% ▼

5Y CAGR: +14.5%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$31.4B	$44.7B	$50.6B	$51.9B	$44.9B
YoY Growth	+36.6%	+42.6%	+13.1%	+2.5%	-12.7%
Cost of Revenue	$21.9B	$30.6B	$40.2B	$33.7B	$31.8B
Gross Profit	$9.4B	$9.7B	$10.4B	$18.1B	$13.2B
Gross Margin	29.8%	21.6%	20.5%	35.0%	29.3%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$1.6B	$2.3B	$1.8B	$3.1B	$6.9B
Operating Expenses	$5.2B	$2.7B	$2.3B	$3.1B	$6.9B
Operating Income	$4.1B	$7.0B	$8.1B	$7.3B	$6.3B
Operating Margin	13.2%	15.7%	16.0%	14.1%	13.9%
Interest Expense	$210M	$312M	$451M	$374M	$313M
Income Before Tax	$4.3B	$6.9B	$8.3B	$7.4B	$7.1B
Tax Expense	$1.1B	$1.8B	$2.0B	$2.0B	$1.7B
Net Income	$3.2B	$5.1B	$6.2B	$5.4B	$4.8B
Net Margin	10.3%	11.4%	12.3%	10.5%	10.7%
EPS (Diluted)	$46.03	$72.83	$88.85	$77.25	$68.81
EBITDA	$5.3B	$8.0B	$9.6B	$8.2B	$8.7B
Shares Outstanding	70M	70M	70M	70M	70M

Line Item	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3	FY2026 Q4
Revenue	$11.8B	$9.7B	$13.2B	$16.7B	$11.5B	$11.9B	$10.7B	$10.8B
Cost of Revenue	$8.0B	$6.0B	$8.6B	$12.6B	$7.1B	$7.3B	$6.0B	$7.7B
Gross Profit	$3.9B	$3.7B	$4.6B	$4.2B	$4.4B	$4.6B	$4.6B	$3.1B
Gross Margin	32.7%	38.2%	35.0%	24.8%	38.6%	39.0%	43.3%	29.0%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$717M	$0	$0	$922M	$733M	$0	$1.6B	$2.0B
Operating Expenses	$2.5B	$2.4B	$2.8B	$1.4B	$2.9B	$2.9B	$2.9B	$2.0B
Operating Income	$1.4B	$1.3B	$1.8B	$2.7B	$1.6B	$1.8B	$1.7B	$1.2B
Operating Margin	11.6%	13.1%	13.4%	16.4%	13.6%	15.0%	16.1%	11.0%
Interest Expense	$97M	$136M	$75M	$67M	$110M	$67M	$74M	$63M
Income Before Tax	$1.4B	$1.3B	$1.9B	$2.8B	$1.8B	$2.0B	$1.8B	$1.5B
Tax Expense	$345M	$342M	$549M	$728M	$486M	$434M	$417M	$381M
Net Income	$1.1B	$1.0B	$1.3B	$2.1B	$1.3B	$1.4B	$1.1B	$1.0B
Net Margin	8.9%	10.3%	10.0%	12.4%	11.4%	11.4%	10.3%	9.6%
EPS (Diluted)	$15.11	$14.17	$18.73	$28.98	$18.80	$19.43	$15.67	$14.92
EBITDA	$1.8B	$1.7B	$2.2B	$3.0B	$2.2B	$2.4B	$2.2B	$2.0B
Shares Outstanding	70M	71M	70M	71M	70M	70M	70M	70M

RATNAMANI.NS NSE