On July 25, 2026, Ratnaveer Precision Engineering Limited (NSE:RATNAVEER) announced its Q1 FY27 financial results, reporting a revenue increase of 18.9% YoY to ₹314.64 crore and a PAT growth of 22.0% YoY to ₹18.24 crore.
Key Highlights
- Revenue from operations reached ₹314.64 crore, marking an 18.9% increase year-on-year and a 26.4% increase quarter-on-quarter.
- EBITDA rose to ₹35.98 crore, reflecting a 31.7% year-on-year growth, with an EBITDA margin of 11.43%.
- Profit After Tax (PAT) increased by 22% YoY to ₹18.24 crore, with a PAT margin of 5.80%.
- The company was awarded the Star Performer – Large Enterprise Award at the 42nd EEPC India Export Awards.
- Infomerics upgraded Ratnaveer's credit ratings, enhancing its long-term rating to IVR A- (Stable).
- The company received in-principle approvals for a proposed Rights Issue of up to ₹330 crore.
- The Copper Clad Laminate project is approximately 60% complete and is expected to begin commercial production in November 2026.
About the Company
Ratnaveer Precision Engineering Limited (BSE: 543978) (NSE: RATNAVEER), established in 2000 and headquartered in Savli (Manjusar), Vadodara, Gujarat, is a prominent manufacturer and exporter of stainless steel products. The company offers a diverse range of products, including Stainless Steel Washers, Solar Mounting Hooks, Finishing Sheets, SS Tubes & Pipes, and Copper Clad Laminates, serving various industries such as automotive, solar power, and pharmaceuticals. For more information, please visit www.ratnaveer.com.
Announcement in Detail
On July 25, 2026, Ratnaveer Precision Engineering Limited announced its financial results for the first quarter of FY27, ending June 30, 2026. The board approved these results in a meeting held on July 24, 2026. The revenue from operations was reported at ₹314.64 crore, reflecting an 18.9% increase compared to ₹264.62 crore in Q1 FY26 and a 26.4% increase from ₹248.96 crore in Q4 FY26. The total income for the quarter was ₹318.43 crore, up 20.2% YoY.
EBITDA for the quarter reached ₹35.98 crore, up 31.7% YoY, with an EBITDA margin of 11.43%. Profit Before Tax (PBT) was reported at ₹21.88 crore, a 21.9% increase from the previous year. Profit After Tax (PAT) stood at ₹18.24 crore, a 22% increase from ₹14.95 crore in Q1 FY26. The company's PAT margin improved to 5.80% from 5.65% a year ago.
Impact on Investors
Investors will note that the significant revenue and profit growth positions Ratnaveer Precision Engineering favorably in the market. The reported PAT margin improvement indicates effective cost management and operational efficiency, which could enhance shareholder value. The approval for the Rights Issue also signals the company's commitment to future growth initiatives.
The filing shows that the Copper Clad Laminate project is on track for completion, which may provide a new revenue stream and strengthen the company’s market position. This project addresses the domestic supply-demand gap, presenting a substantial opportunity for import substitution.
Sector / Market Context
The stainless steel manufacturing sector in India has been witnessing steady growth, driven by increasing demand across various industries, including automotive and renewable energy. According to the Ministry of Steel, India's crude steel production reached 102 million tonnes in FY25, with a projected growth rate of 7-8% for the coming years. This backdrop supports Ratnaveer's expansion initiatives and new project developments.