Ratnaveer Precision Engineering Limited (RATNAVEER)

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Ratnaveer Precision Engineering Limited (RATNAVEER) · mywealthgrid

About

Ratnaveer Precision Engineering manufactures iron and steel products within industrials sector, with quarterly revenues around ₹250–315 Cr and market capitalisation of ₹1,643 Cr. Operates at approximately 10% operating margins and returned 68.58% to shareholders over 12 months.

Face value: ₹10

Market cap

₹2,467 Cr

P/E

38.4×

P/B

3.5×

Dividend yield

ROE

12.4%

ROCE

16.6%

Debt / equity

0.5

OPM

10.5%

EPS (TTM)

₹9.4

Book value

₹98.1

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Operating margins thin at 8.24%–11.38%, making profitability sensitive to raw-material costs and competitive pricing in commoditised steel products

Stock rallied 68.58% in 12 months and now trades at PE 25.55; verify whether forward earnings justify current valuation or whether reversal risk exists

FII shareholding collapsed from 7.28% (Mar 2026) to 3.53% (Jun 2026)—clarify reason and implications for liquidity or institutional confidence

In capital-intensive sector, verify capex intensity and debt plans; current D/E of 0.5 may constrain growth if working-capital or expansion needs rise

Generated analysis · source review pending

Growth drivers

Revenue rose 55% from ₹203.11 Cr (Mar 2025) to ₹314.64 Cr (Jun 2026)—verify which end-markets or product lines drove growth and whether momentum sustains

Net profit grew 70% from ₹10.71 Cr to ₹18.24 Cr over same period, outpacing revenue growth and signalling operating leverage

Operating margins expanded from 8.24% (Mar 2025) to 10.23% (Jun 2026)—verify whether this reflects cost discipline, pricing gains, or product-mix shifts

EPS rose from ₹2.13 to ₹2.61 (Mar 2025 to Jun 2026), translating operational gains to shareholder returns

Generated analysis · source review pending

750 historical price candles were omitted because the exchange source has not been verified.

₹345.5+4.3%1Y

Quick read

rule-based

Pros

+High return on capital employed of 20%
+Profit CAGR of 36.9% over the last 3 years
+Revenue CAGR of 30.6% over the last 3 years

Cons

−Promoter holding fell 5.2 pts over the last year

Research score

Structured signal from quality, growth, valuation and momentum.

60/100

Business quality: 38
Growth: 100
Valuation: 43

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	480	595	892	1,069
COGS	—	—	—	893
Gross profit	—	—	—	176
	—	—	—	64
	46	50	86	112
OPM %	9.5%	8.4%	9.7%	10.5%
Depreciation	4	6	17	25
Interest	12	12	13	20
	1	7	4	10
Profit before tax	31	39	61	76
Tax	—	—	—	12
Tax %	—	—	—	15.4%
	25	31	47	64
PAT margin %	5.2%	5.2%	5.3%	6%
EPS (₹)	—	—	—	11.1
EPS adjusted (₹)	7.2	6.4	8.8	9.4
Annual report	—	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	4	35	49	53	68
Reserves	62	71	203	318	601
	191	230	207	195	335
	52	53	57	180	257
Total equity & liabilities	309	389	516	746	1,262
	33	35	74	186	242
CWIP	—	—	—	—	82
Investments	—	—	—	—	0
	—	—	—	—	937
Total assets	309	389	516	746	1,262

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	0	12	95	-48
	-17	-63	-136	-103
	27	80	47	354
Net cash flow	11	29	6	203
Free cash flow	—	—	—	-163
CFO / Operating profit %	1%	24.7%	109.9%	-42.9%

Compounded sales growth

7 years: —
5 years: —
3 years: 31%
1 year: 20%

Compounded profit growth

7 years: —
5 years: —
3 years: 37%
1 year: 37%

Return on equity

7 years: —
5 years: —
3 years: 12%
Last year: 10%

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Domestic	1,013.27	96.47	1,254.77	591.9	662.87	14.55
Outside India	55.46	0

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—	16.5%
EBITDA margin %	9.5%	8.4%	9.7%	10.5%
EBIT margin %	8.7%	7.4%	7.8%	8.1%
PAT margin %	5.2%	5.2%	5.3%	6%
Working capital
Receivable days	—	—	—	60
Inventory days	—	—	—	118
Payable days	—	—	—	91
NWC days	—	—	—	87
Leverage
Current ratio	1.34	1.74	1.62	1.71
Debt to EBITDA	5.04	4.15	2.26	2.99
Debt to equity	2.17	0.82	0.53	0.5
Interest coverage	3.5	4.2	5.8	4.7
Asset turnover	1.23	1.15	1.2	0.85
Return ratios
Return on assets %	6.4%	6%	6.3%	5.1%
Return on capital employed %	29.7%	23.4%	20%	16.6%
Return on equity %	23.6%	12.3%	12.6%	9.6%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	55.48%	55.48%	55.48%	55.48%	50.72%	50.72%	50.72%	50.72%	50.72%	42.63%	42.74%	45.49%
	10.47%	3.82%	0.15%	1.19%	0.73%	2.38%	1.84%	1.23%	1.32%	8.35%	7.28%	3.53%
	0.01%	0.01%	0.02%	0.01%	0.39%	0.26%	0.23%	0%	0.1%	2.57%	2.54%	2.01%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	34.04%	40.69%	44.35%	43.32%	48.16%	46.64%	47.21%	48.05%	47.86%	46.45%	47.44%	48.97%
No. of shareholders	—	—	—	—	—	—	—	—	53,508	55,058	54,477	55,925

Promoter holding down 9.99 percentage points since Sep 2023.

585 deals · 11 Sept 2023 – 30 Sept 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
30 Sept 2026	ARIHANT CAPITAL MARKETS LIMITED	Bulk	NSE	Sell	14,61,125	₹333.98	₹48.80 Cr
30 Sept 2026	ARIHANT CAPITAL MARKETS LIMITED	Bulk	NSE	Buy	14,61,125	₹333.86	₹48.78 Cr
30 Sept 2026	HRTI PRIVATE LIMITED	Bulk	NSE	Sell	4,33,480	₹331.40	₹14.37 Cr
30 Sept 2026	HRTI PRIVATE LIMITED	Bulk	NSE	Buy	2,02,374	₹335.12	₹6.78 Cr
28 Sept 2026	ARIHANT CAPITAL MARKETS LIMITED	Bulk	NSE	Sell	11,68,043	₹332.37	₹38.82 Cr
28 Sept 2026	ARIHANT CAPITAL MARKETS LIMITED	Bulk	NSE	Buy	10,94,929	₹331.66	₹36.31 Cr
28 Sept 2026	CRABEL VINTRADE PRIVATE LIMITED	Bulk	NSE	Sell	6,77,746	₹331.83	₹22.49 Cr
28 Sept 2026	GOLDEN GOENKA MANAGEMENT CONSULTANCY SERVICES LLP	Bulk	NSE	Sell	6,20,000	₹330.06	₹20.46 Cr
28 Sept 2026	CRABEL VINTRADE PRIVATE LIMITED	Bulk	NSE	Buy	20,635	₹330.70	₹0.68 Cr
25 Sept 2026	ARIHANT CAPITAL MARKETS LIMITED	Bulk	NSE	Buy	12,44,789	₹333.51	₹41.51 Cr

1–10 of 585

1 / 59

Mr. VIJAY RAMANLAL SANGHAVIExecutive Director-Chairperson related to Promoter-MD
Mr. SREERAM VISHWANATHAN RISHINARADAMANGALAMNon-Executive - Independent Director
Mrs. KARUNA VINOD ADVANINon-Executive - Independent Director
Mr. SHAH RAJASH DINESHKUMARNon-Executive - Independent Director
Mr. UMESHSINH BHANUPRATAPSINH RATHODNon-Executive - Independent Director
Mr. BOKADIA VIMALBHAI UKCHANDNon-Executive - Independent Director
Mrs. SEEMA VIJAY SANGHAVIExecutive Director
Mr. KASHYAP ASHWINBHAI SHAHNon-Executive - Independent Director
Mr. Umang LalpurwalaCompany Secretary & Compliane Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Ratnaveer Precision Engineering Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Credit ratings

Intimation on revision in Credit rating as per Regulation 30 read with Part A of Schedule III to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201524 Apr 2026

Investor Presentation and earnings call

May 2026Transcript AI Summary PPT REC
Nov 2025Transcript AI SummaryPPT

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

1

Board meeting to consider results24 Jul 2026

1

Right Issue of Equity Shares25 Aug 2026 · ex-date

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

35 announcementsExport CSV

28 Sept 2026, 7:35 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

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Ratio	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—	16.5%
EBITDA margin %	9.5%	8.4%	9.7%	10.5%
EBIT margin %	8.7%	7.4%	7.8%	8.1%
PAT margin %	5.2%	5.2%	5.3%	6%
Working capital
Receivable days	—	—	—	60
Inventory days	—	—	—	118
Payable days	—	—	—	91
NWC days	—	—	—	87
Leverage
Current ratio	1.34	1.74	1.62	1.71
Debt to EBITDA	5.04	4.15	2.26	2.99
Debt to equity	2.17	0.82	0.53	0.5
Interest coverage	3.5	4.2	5.8	4.7
Asset turnover	1.23	1.15	1.2	0.85
Return ratios
Return on assets %	6.4%	6%	6.3%	5.1%
Return on capital employed %	29.7%	23.4%	20%	16.6%
Return on equity %	23.6%	12.3%	12.6%	9.6%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Welspun Corp LimitedWELCORPWELCORP	₹68,741 Cr	₹70,904 Cr	₹17,300 Cr	₹2,403 Cr	13.3%	₹2,309 Cr	9.7%	19.2%	19.4%	85
Apl Apollo Tubes LimitedAPLAPOLLOAPLAPOLLO	₹58,753 Cr	₹59,205 Cr	₹22,897 Cr	₹1,841 Cr	7.8%	₹1,229 Cr	5.2%	30.8%	25.3%	-12
Shyam Metalics And Energy LimitedSHYAMMETLSHYAMMETL	₹29,244 Cr	₹30,225 Cr	₹19,574 Cr	₹2,519 Cr	12.6%	₹860 Cr	5.7%	13.5%	9.7%	8
Ratnamani Metals & Tubes LimitedRATNAMANIRATNAMANI	₹18,362 Cr	₹18,666 Cr	₹4,314 Cr	₹732 Cr	16.9%	₹433 Cr	11.9%	17.8%	12.5%	210
Jindal Saw LimitedJINDALSAWJINDALSAW	₹17,286 Cr	₹21,976 Cr	₹18,263 Cr	₹1,941 Cr	12.4%	₹653 Cr	5.2%	11.4%	8.1%	159
Usha Martin LimitedUSHAMARTUSHAMART	₹14,982 Cr	₹15,128 Cr	₹3,837 Cr	₹768 Cr	19.1%	₹507 Cr	12.6%	20%	15.4%	190
Godawari Power And Ispat LimitedGPILGPIL	₹14,517 Cr	₹14,943 Cr	₹5,808 Cr	₹1,263 Cr	23.3%	₹808 Cr	14.9%	20.1%	14.9%	73
Gallantt Ispat LimitedGALLANTTGALLANTT	₹12,793 Cr	₹13,340 Cr	₹4,437 Cr	₹655 Cr	16.2%	₹436 Cr	11%	19.2%	15.7%	58
Maharashtra Seamless LimitedMAHSEAMLESMAHSEAMLES	₹9,363 Cr	₹9,377 Cr	₹4,620 Cr	₹696 Cr	14.6%	₹737 Cr	15%	13.6%	10.6%	153
Jayaswal Neco Industries LimitedJAYNECOINDJAYNECOIND	₹8,863 Cr	₹10,960 Cr	₹7,589 Cr	₹1,409 Cr	18.6%	₹564 Cr	6.5%	22.9%	17.8%	151
Sunflag Iron And Steel Company LimitedSUNFLAGSUNFLAG	₹7,812 Cr	₹8,286 Cr	₹3,995 Cr	₹476 Cr	12.1%	₹206 Cr	5.1%	3.8%	2.3%	95
Man Industries (India) LimitedMANINDSMANINDS	₹6,912 Cr	₹7,411 Cr	₹3,875 Cr	₹532 Cr	12.3%	₹204 Cr	4.8%	18.4%	9.2%	114

Date	Category	Subject	Filing
28 Sept 2026, 7:35 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
12 Sept 2026, 2:38 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
10 Sept 2026, 11:31 pm	Company Update Allotment of Equity Shares	Announcement under Regulation 30 (LODR)-Allotment	PDF
10 Sept 2026, 10:06 pm	Others Outcome without intimation	Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Directors Dated September 10, 2026	PDF
4 Sept 2026, 1:26 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
3 Sept 2026, 8:09 pm	Company Update General	Intimation Of Cutoff Date For Annual General Meeting And Date Of Annual General Meeting	PDF
3 Sept 2026, 8:03 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
3 Sept 2026, 7:49 pm	AGM/EGM AGM	Notice Of Annual General Meeting To Be Held On 26Th September, 2026	PDF

Ratnaveer Precision Engineering Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Events

Board meetings1

Rights issues1

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Board meetings1

Rights issues1

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Quarterly record

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Segment results

Domestic · revenue

1

1

1

1