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Earnings Call

Ratnaveer Precision Engineering Earnings Call: Key Takeaways

Ratnaveer Precision Engineering reported FY26 revenue of ₹1,078 Cr, foraying into high-margin Copper Clad Laminates (CCL) to diversify from its core stainless steel fasteners business.

Highlights
Revenue growthFY26 ₹1,078 Cr; targeting ₹1,350 Cr in FY27.
MarginsTargeting 20% EBITDA for CCL and 13.5% consolidated.
Order bookConfirmed 'soft orders' for initial CCL production lines.
Demand visibilityStrong demand for CCL in India; import substitution play for PCB industry.
Management confidenceHigh confidence in maintaining 25% CAGR and 13.5% consolidated EBITDA margins.

Growth

Top line grew to ₹1,078 Cr in FY26; management targets 25% CAGR for the core business over the next 3 years.

Outlook

Guidance of ₹2,500 Cr revenue by FY28 (₹1,800 Cr core, ₹750 Cr CCL). Major ₹400 Cr CCL capex underway with November 2026 production target.

Risks

Negative operating cash flow in FY26 due to QIP fund accounting; raw material price volatility (oil/gas) and geopolitical impacts on logistics.

Source

Earnings Call filed with NSE, NSE: RATNAVEER. Summary written with AI assistance from the document.

Read the document ↗

Ratnaveer Precision Engineering Ltd: key numbers

Share price
₹333.95
Market cap
₹2,803 Cr
Revenue (annual)
₹1,069 Cr
Net profit (annual)
₹64.30 Cr
P/E (TTM)
41.5×Sector 19.0×
Promoter holding
45.49%+2.75% QoQ
FII holding
3.53%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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