Financial Performance Summary (Consolidated)

| Particulars (₹ Crore) | Q1FY27 | Q4FY26 | Q1FY26 | QoQ % | YoY % |

| Revenue from Operations | 314.64 | 248.96 | 264.62 | 26.4% | 18.9% |

| Total Income | 318.43 | 256.29 | 264.91 | 24.2% | 20.2% |

| EBITDA | 35.98 | 35.66 | 27.31 | 0.9% | 31.7% |

| EBITDA Margin % | 11.43% | 14.32% | 10.32% | -289 bps | +111 bps |

| Profit Before Tax (PBT) | 21.88 | 20.75 | 17.95 | 5.5% | 21.9% |

| Profit After Tax (PAT) | 18.24 | 17.03 | 14.95 | 7.1% | 22.0% |

| PAT Margin % | 5.80% | 6.84% | 5.65% | -104 bps | +15 bps |

| EPS – Basic & Diluted (₹) | 10.36 | 2.94 | 2.97 | - | - |

(Note: EBITDA includes Other Income)

Revenue Breakdown

  • Domestic revenue: ₹304.68 crore for Q1FY27
  • Export revenue: ₹9.96 crore for Q1FY27
  • Total segmental assets: ₹1,321.13 crore

Operational Highlights

  • Received Star Performer Large Enterprise Award at the 42nd EEPC India Export Awards
  • Infomerics upgraded credit ratings: Long-term to IVR A- (Stable), Short-term to IVR A2+
  • Rated bank facilities enhanced to ₹388.47 crore
  • Received NSE & BSE in-principle approvals for proposed Rights Issue of up to ₹330 crore
  • Copper Clad Laminate (CCL) Project is 60% complete with commercial production on track for November 2026
  • Key machinery shipments for CCL project expected to arrive shortly
  • Received in-principle approval under Gujarat Electronics Policy for proposed ₹472.34 crore CCL Project
  • Domestic supply-demand gap in Copper Clad Laminates presents significant import substitution opportunity

Management Commentary

Vijay R. Sanghavi, Managing Director, stated: "We have begun FY27 with strong momentum across the business. Revenue from operations grew 18.9% YoY to ₹314.64 crore, well ahead of the pace we set through FY26, and this growth translated efficiently to the bottom line: EBITDA rose 31.7% YoY to ₹35.98 crore and PAT grew 22% YoY to ₹18.24 crore, with PAT margin improving to 5.80%. This combination of double-digit revenue growth and faster earnings growth reflects the operating leverage inherent in our business and the discipline with which our teams have executed through the quarter. Looking ahead, our Copper Clad Laminate project is a natural extension of this momentum. Now roughly 60% complete and on track for commercial production in November 2026, it positions us to capture a large and underserved domestic market through import substitution, and we expect it to be a meaningful contributor to our growth and profitability in the years ahead."

Company Background

Ratnaveer Precision Engineering Limited is an ISO 9001 certified company established in 2000 and headquartered in Savli (Manjusar), Vadodara, Gujarat. The company manufactures and exports stainless steel products including Stainless Steel Washers, Solar Mounting Hooks, Finishing Sheets, SS Tubes & Pipes, and Copper Clad Laminates, serving industries such as automotive, solar power, wind energy, power plants, water treatment, food processing, oil and gas, and pharmaceuticals.