Highlights

• Ram Ratna Wires reported 83% year-on-year revenue growth during Q4 FY26.
• The company posted over 100% growth in EBITDA and PAT for the quarter.
• Shares gained nearly 4% in early trade following the FY26 earnings announcement.

Shares of Ram Ratna Wires Limited (NSE:RAMRAT) moved higher in early trade on May 27, 2026, after the company announced audited financial results for the quarter and financial year ended March 31, 2026. The stock traded at INR 489.00, up 3.91% from the previous close of INR 470.60 on the NSE. The stock opened at INR 510.00 and touched an intraday high of INR 520.00.

Source: TradingView

Q4 Revenue And Profit Show Sharp Increase

Ram Ratna Wires reported consolidated revenue from operations of INR 1,752.9 crore in Q4 FY26, compared with INR 956.7 crore in Q4 FY25, reflecting an 83.2% year-on-year increase. Operating EBITDA for the quarter stood at INR 93.2 crore against INR 45.3 crore in the corresponding quarter last year, while EBITDA margin improved to 5.3% from 4.7%.

Profit after tax for the quarter came in at INR 39.2 crore, compared with INR 18.7 crore in Q4 FY25. PAT margin improved to 2.2% from 2.0%. On a sequential basis, revenue rose 37.2% from INR 1,277.9 crore reported in Q3 FY26, while EBITDA increased 29.4%.

FY26 Performance Reflects Product Mix Shift

For FY26, the company reported revenue from operations of INR 5,176.6 crore, compared with INR 3,676.7 crore in FY25. Operating EBITDA increased to INR 263.6 crore from INR 156.3 crore in the previous year, while profit after tax rose to INR 108.6 crore from INR 70.2 crore.

Managing Director Mahendrakumar Kabra stated that the contribution of copper tubes and pipes increased from 14% to 22% during the year, reflecting diversification initiatives. The company also said it is progressing with the development of Inner Grooved Tubes as part of its value-added product expansion plans.

Demand Trends And Expansion Plans

According to the company, domestic demand remained supported by investments across power, transmission, distribution, and infrastructure sectors. Ram Ratna Wires also highlighted demand traction from EV infrastructure and renewable energy grid connectivity segments.

The company stated that ongoing capacity expansion, diversification initiatives, and capital investments are expected to support future business operations. It also noted progress in subsidiary and joint venture businesses.

Source: Company Filing

Key Risks

• Copper price volatility may impact operating margins and profitability.
• Infrastructure demand slowdown could affect order flows across segments.
• Expansion execution delays may impact planned production capacity additions.
• Dependence on industrial sectors may expose business to economic cycles.

Summary

Ram Ratna Wires (NSE:RAMRAT) shares gained after the company reported higher Q4 FY26 revenue, EBITDA, and profit growth. The company highlighted improved product mix contribution from copper tubes and pipes, alongside ongoing expansion and diversification initiatives. Investors also tracked management commentary regarding infrastructure demand, EV-related opportunities, and developments in value-added product segments including Inner Grooved Tubes.

FAQs

Q: Why did Ram Ratna Wires shares rise on May 27, 2026?
A: Shares gained after the company reported higher Q4 FY26 revenue, EBITDA, and profit growth.

Q: What was Ram Ratna Wires’ Q4 FY26 revenue?
A: The company reported Q4 FY26 revenue from operations of INR 1,752.9 crore.

Q: What product segment contribution increased during FY26?
A: Contribution from copper tubes and pipes increased from 14% to 22% during FY26.