• Export order execution: Ratnamani’s subsidiary secured a ₹2,700 crore order from the MENA region to be executed over four years, starting with ₹50 to 100 crore this year and concluding with ₹1,000 crore in the final year.
• Consolidated order book: The RFSS subsidiary's order book stands at nearly ₹3,000 crore, while standalone Ratnamani Metals and Tubes holds approximately ₹2,400 crore alongside ₹400 crore in annual schedules for RTL.
• Revenue guidance cut: Standalone revenue guidance has been lowered from ₹4,800 crore to approximately ₹4,000 crore with mid-teen margins of 15% to 16%, driven by prolonged Middle East shipping disruptions and elevated freight and demurrage costs.
• Capex rollout plans: The company has resumed its Saudi expansion project with construction contracts awarding in September and trial production expected in 9 to 12 months, alongside ₹150 to 200 crore in standalone debottlenecking capex.