Date: July 31, 2026
Financial Performance Summary
Ram Ratna Wires Limited reported unaudited financial results for the quarter ended June 30, 2026 (Q1 FY27).
Key Financial Metrics (₹ Crore)
| Particulars | Q1 FY27 | Q1 FY26 | Y-o-Y Growth | Q4 FY26 | FY26 |
| Revenue from Operations | 1,853.3 | 982.5 | +88.6% | 1,752.9 | 5,176.6 |
| Operating EBITDA | 89.6 | 42.9 | +109.0% | 93.2 | 263.6 |
| EBITDA Margin (%) | 4.8% | 4.4% | - | 5.3% | 5.1% |
| Profit After Tax | 35.2 | 15.9 | +120.8% | 39.2 | 108.6 |
| PAT Margin (%) | 1.9% | 1.6% | - | 2.2% | 2.1% |
Performance Analysis
Revenue Growth: The company achieved significant revenue growth of 88.6% year-over-year, increasing from ₹982.5 crore in Q1 FY26 to ₹1,853.3 crore in Q1 FY27. Sequentially, revenue increased by 5.7% from Q4 FY26's ₹1,752.9 crore.
Profitability Metrics: EBITDA showed remarkable growth of 109.0% YoY, reaching ₹89.6 crore compared to ₹42.9 crore in Q1 FY26. However, EBITDA margin expanded from 4.4% to 4.8% YoY but declined from 5.3% in Q4 FY26.
Profit After Tax increased by 120.8% YoY to ₹35.2 crore from ₹15.9 crore, though it decreased by 10.2% from Q4 FY26's ₹39.2 crore. PAT margin improved to 1.9% from 1.6% YoY but declined from 2.2% in Q4 FY26.
Business Segment Performance
The Copper Tubes business emerged as a significant contributor, accounting for 26% of total revenue in Q1 FY27. This reflects the success of the company's diversification strategy beyond its traditional winding wires & strips business.
Management Commentary
Shri Mahendrakumar Kabra, Managing Director, commented on the results:
- The strong performance reflects robust demand across key end-user industries and disciplined execution
- Benefits from continued investments in expanding business portfolio and manufacturing capabilities are evident
- The company is expanding reach across high-growth end-use industries through subsidiary and joint venture operations
- Focus remains on operational excellence, disciplined capital allocation, and working capital efficiency improvement
- Positive outlook supported by India's long-term investments in power infrastructure, manufacturing, electrification, and energy-efficient cooling solutions
Strategic Initiatives
The company continues to invest in capacity expansion and is strengthening its presence through its subsidiary and joint venture. The diversification into new product lines including BLDC motors, hub motors, HVLS fans, and wind tower fabrication through subsidiary and JV companies is progressing.
Company Background
Founded in 1992, Ram Ratna Wires Ltd. is a leading manufacturer of winding wires & strips and copper tubes in India operating under the RR Shramik brand. The company has CIN: L31300MH1992PLC067802 and maintains its website at https://www.rrshramik.com.