Ratnaveer Precision Engineering Limited

Ratnaveer Precision Engineering Limited

326.30
INR
-8.80
(-2.63%)
11.51EPS
15.68P/E
12.98BMarket Cap
Nov 05Next Earn
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
85.37
73.81
87.65
137.94
145.24
176.6
183.76
190.48
Basic EPS, GAAP
2.07
1.12
1.95
7.2
7.57
9.27
11.06
11.51
Free Cash Flow per Basic Share
-0.76
0.1
-5.81
-5.17
-13.09
-8.55
-27.97
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
10.49
11.62
13.55
21.78
51.77
69.63
98.01
- -
Tangible Book Value per Share
10.07
10.56
11.9
18.65
51.77
69.63
97.97
- -
Basic Weighted Avg Shares
35
49
49
35
41
51
58
59
Sales/Revenue/Turnover
2,969
3,595
4,269
4,797
5,954
8,918
10,684
11,187
Operating Margin (%)
7.47
4.8
5.53
8.73
7.42
7.81
8.13
8.09
Depreciation Expense
24
27
39
40
58
171
254
268
Net Income, GAAP
72
55
95
250
311
468
643
676
Effective Tax Rate (%)
29.76
43.09
29.55
18.46
20.57
22.82
15.36
15.4
Profit Margin (%)
2.42
1.52
2.22
5.22
5.22
5.25
6.02
6.04
Working Capital
514
414
511
828
1,670
1,678
4,002
- -
LT Debt
281
214
296
330
329
327
486
- -
Total Equity
511
566
660
1,061
2,521
3,709
6,692
- -
Return on Invested Capital (%)
- -
4.88
7.14
11.47
8.8
10.42
9.68
- -
Return on Capital (%)
- -
5.29
7.03
11.56
9.79
10.65
10.07
- -
Return on Common Equity (%)
- -
10.14
15.46
29.12
17.34
15.03
12.36
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
2,864
- -
LT Borrowings
- -
486
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
68
68
72
Market Capitalization
10,367
8,928
12,978

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
9,233
- -
Cash, Cash Equivalents & STI
- -
2,695
- -
Accounts Receivable, Net
- -
1,746
- -
Inventories
- -
2,894
- -
Total Current Liabilities
- -
5,231
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
2,864
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
68.53%
80.43%
Free Cash Flow
- -
-1,140.23%
276.54%
Net Income, GAAP
- -
70%
37.36%
Sales/Revenue/Turnover
- -
24.97%
19.81%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2,042
2,300
2,546
2,031
8,918
2026
2,646
2,859
2,693
2,490
10,684
2027
3,146
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3.05
2.43
2.23
2.12
9.27
2026
2.96
3.06
3.1
2.93
11.06
2027
2.54
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Vijay Ramanlal Sanghavi
Full Time Employees
380
Sector
Non-energy minerals
Industry
Steel
Address
703/704, “OCEAN”, Vikram Sarabhai Campus Vadodara GU India 390023
IPO Date
Sep 11, 2023
Business
Ratnaveer Precision Engineering Limited Ratnaveer Precision Engineering Limited (RATNAVEER.NS), founded in 2002 and headquartered in Vadodara, Gujarat, India, manufactures and supplies stainless steel products including finishing sheets such as satin, hairline, scotch brite and mirror surface sheets; washers encompassing over 2,500 SKUs like inner ring, spring, nord lock, retaining rings, internal tooth and external tooth varieties; solar roofing hooks for photovoltaic mounting systems; tubes and pipes; and scrap metals, serving industries such as automotive, solar power, wind energy, power plants, oil and gas, pharmaceuticals, railways, defence, aerospace, construction, architecture and building. The company operates four manufacturing units in Gujarat--Unit I and II at GIDC Savli for finishing sheets, washers, solar hooks, tubes and pipes; Unit III at Waghodia for melting steel scrap into ingots; and Unit IV at Vatva, Ahmedabad for rolling ingots into sheets--with a production capacity of 30,000 MTPA, backward and forward integration for cost efficiency and quality control per ISO 9001, 14001 and OHSAS 18001 standards, and a global footprint exporting to over 30 countries including Europe while maintaining strong domestic sales in northern and western India. Recent developments include robust Q2 FY2025 financials with operational revenue rising to Rs 2,856.68 crore from Rs 2,299.93 crore year-over-year and profit before tax at Rs 200.98 crore; appointment of seven senior management personnel effective November 3, 2025, covering accounts, procurement, quality, operations, production, marketing and business development; a wholly-owned subsidiary Ratnaveer StainlessInox LLC in Sharjah, UAE; and ongoing capacity expansions, R&D for high-margin circlips in the washer segment, forward integration in tubes and pipes for direct end-user sales, and a target of Rs 730 crore total income with Rs 83.67 crore EBITDA in FY2025.