About
Ratnaveer Precision Engineering Limited engages in the manufacture, export, and supply of stainless-steel products in India, Germany, Italy, Spain, France, the Netherlands, Poland, Sweden, the United Kingdom, the United States, and the United Arab Emirates. The company offers finished sheets, washers, solar roofing hooks, and pipes and tubes. Its products are used in various industries, including automotive, solar power, wind energy, power plants, water treatment, food processing, oil and gas, and pharmaceuticals. The company was formerly known as Ratnaveer Metals Limited and changed its name to Ratnaveer Precision Engineering Limited in November 2022. The company was founded in 2000 and is based in Vadodara, India.
Key Metrics
as of Sep 2026Market Cap2,549 Cr
P/E37.70
Div Yield0.00 %
Book Value₹83.80
52w High₹315.00
52w Low₹129.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 315.00 | 249.00 | 269.00 | 286.00 | 265.00 | 203.00 | 255.00 | 230.00 | 204.00 | 142.00 | 193.00 | 142.00 | 118.00 |
| Expenses | 282.00 | 221.00 | 241.00 | 258.00 | 238.00 | 186.00 | 234.00 | 206.00 | 180.00 | 138.00 | 175.00 | 129.00 | 103.00 |
| Operating Profit | 32.00 | 28.00 | 29.00 | 28.00 | 27.00 | 17.00 | 21.00 | 24.00 | 25.00 | 4.00 | 18.00 | 13.00 | 15.00 |
| OPM % | 10.00 | 11.00 | 11.00 | 10.00 | 10.00 | 8.00 | 8.00 | 11.00 | 12.00 | 3.20 | 9.00 | 9.00 | 12.00 |
| Other Income | 4.00 | 7.00 | 0.00 | 2.00 | 0.00 | 2.00 | 0.00 | 1.00 | 1.00 | 5.00 | 1.00 | 1.00 | 1.00 |
| Depreciation | 7.00 | 7.00 | 6.00 | 6.00 | 6.00 | 7.00 | 4.00 | 3.00 | 3.00 | 2.00 | 2.00 | 1.00 | 1.00 |
| Interest | 7.00 | 8.00 | 5.00 | 4.00 | 3.00 | 0.00 | 4.00 | 4.00 | 5.00 | 2.00 | 3.00 | 3.00 | 3.00 |
| Profit before tax | 22.00 | 21.00 | 17.00 | 20.00 | 18.00 | 12.00 | 13.00 | 18.00 | 17.00 | 6.00 | 13.00 | 9.00 | 11.00 |
| Tax % | 17.00 | 18.00 | 2.00 | 23.00 | 17.00 | 9.00 | 14.00 | 32.00 | 28.00 | -1.00 | 31.00 | 15.00 | 23.00 |
| Net Profit | 18.00 | 17.00 | 17.00 | 15.00 | 15.00 | 11.00 | 11.00 | 12.00 | 13.00 | 6.00 | 9.00 | 8.00 | 8.00 |
| EPS in Rs | 2.17 | 2.13 | 2.12 | 2.48 | 2.40 | 1.72 | 1.82 | 1.97 | 2.19 | 0.98 | 1.62 | 1.40 | 2.01 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Sales | 1,069.00 | 892.00 | 595.00 | 480.00 | 427.00 | 360.00 | 297.00 |
| Expenses | 957.00 | 805.00 | 545.00 | 434.00 | 399.00 | 340.00 | 272.00 |
| Operating Profit | 112.00 | 86.00 | 50.00 | 46.00 | 28.00 | 20.00 | 25.00 |
| OPM % | 10.00 | 10.00 | 8.00 | 10.00 | 6.00 | 6.00 | 8.00 |
| Other Income | 10.00 | 4.00 | 7.00 | 1.00 | 2.00 | 4.00 | 2.00 |
| Interest | 20.00 | 13.00 | 12.00 | 12.00 | 12.00 | 12.00 | 14.00 |
| Depreciation | 25.00 | 17.00 | 6.00 | 4.00 | 4.00 | 3.00 | 2.00 |
| Profit before tax | 76.00 | 61.00 | 39.00 | 31.00 | 13.00 | 10.00 | 10.00 |
| Tax % | 15.00 | 23.00 | 21.00 | 18.00 | 30.00 | 43.00 | 30.00 |
| Net Profit | 64.00 | 47.00 | 31.00 | 25.00 | 9.00 | 5.00 | 7.00 |
| EPS in Rs | 8.05 | 7.52 | 5.45 | 6.14 | 19.75 | 11.38 | 15.00 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Equity Capital | 68.00 | 53.00 | 49.00 | 35.00 | 4.00 | 4.00 | 4.00 |
| Reserves | 601.00 | 318.00 | 203.00 | 71.00 | 62.00 | 52.00 | 47.00 |
| Borrowings | 335.00 | 195.00 | 207.00 | 230.00 | 191.00 | 151.00 | 140.00 |
| Other Liabilities | 257.00 | 180.00 | 57.00 | 53.00 | 52.00 | 49.00 | 52.00 |
| Total Liabilities | 1,262.00 | 746.00 | 516.00 | 389.00 | 309.00 | 256.00 | 242.00 |
| Fixed Assets | 242.00 | 186.00 | 74.00 | 50.00 | 41.00 | 32.00 | 22.00 |
| CWIP | 82.00 | 54.00 | 45.00 | 9.00 | 4.00 | 3.00 | 4.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 937.00 | 506.00 | 397.00 | 330.00 | 264.00 | 221.00 | 217.00 |
| Total Assets | 1,262.00 | 746.00 | 516.00 | 389.00 | 309.00 | 256.00 | 242.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -48.00 | 95.00 | 12.00 | 0.00 | -16.00 | 14.00 | 7.00 |
| Cash from Investing Activity | -103.00 | -136.00 | -63.00 | -17.00 | -12.00 | -11.00 | -9.00 |
| Cash from Financing Activity | 354.00 | 47.00 | 80.00 | 27.00 | 28.00 | -2.00 | 5.00 |
| Net Cash Flow | 203.00 | 6.00 | 29.00 | 11.00 | 1.00 | 1.00 | 3.00 |
| Free Cash Flow | -155.00 | -43.00 | -54.00 | -18.00 | -28.00 | 1.00 | -3.00 |
| CFO/OP % | -39.00 | 117.00 | 39.00 | 10.00 | -46.00 | 84.00 | 39.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Debtor Days | 60.00 | 27.00 | 27.00 | 48.00 | 34.00 | 34.00 | 79.00 |
| Inventory Days | 118.00 | 142.00 | 175.00 | 191.00 | 176.00 | 162.00 | 175.00 |
| Days Payable | 91.00 | 58.00 | 31.00 | 35.00 | 42.00 | 43.00 | 55.00 |
| Cash Conversion Cycle | 87.00 | 110.00 | 171.00 | 205.00 | 168.00 | 153.00 | 198.00 |
| Working Capital Days | 39.00 | 51.00 | 66.00 | 40.00 | 27.00 | 23.00 | 41.00 |
| ROCE % | 12.00 | 14.00 | 13.00 | 14.00 | 11.00 | 11.00 | — |
Corporate Actions
4 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Rights | 25 Aug 2026 | 26 Aug 2026 | 7:40 | — | |
| Other | 25 Aug 2026 | 26 Aug 2026 | — | — | Right Issue of Equity Shares |
| Other | 16 Jul 2024 | — | — | — | E.G.M. |
| Other | 16 Jul 2024 | — | — | — | Extra Ordinary General Meeting |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update28 Apr from infomerics
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Rating update17 Mar 2025 from infomerics
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Rating update18 Jan 2024 from infomerics
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Rating update15 Jun 2023 from infomerics