Ratnaveer Precision Engineering Ltd.

•

ratnaveer.comBSE: 543978NSE: RATNAVEER

Market Cap₹ 2,421 Cr.

Current Price

High / Low₹ 316 / 130

Stock P/E35.8

Book Value₹ 128

Price to Book1.99

Dividend Yield0.00 %

ROCE14.3 %

ROE15.2 %

Face Value₹ 10

Add ratio to table

ABOUT

AI Sector View

AI GENERATED

Metals & Mining

Hold

The sector backdrop is mixed. Iron ore output was very strong at 29.5% YoY (2026-07), but steel slowed to 2.9% YoY (2026-07), finished steel consumption was 8.0% YoY (2026-06), and headline mining production was still -0.9% (Jul/26). FPI outflows of INR -2349 crore over 3 months to 2026-08-31 also argue against an aggressive overweight.

Confidence

61%

View full sector analysis →

PROS

Company has delivered good profit growth of 45.4% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 20.6%
Company has consistently been profitable over the last 5 years
Company has delivered good sales growth of 24.6% CAGR over last 5 years
Operating margins have improved to 9.7% from 6.4%
Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.05x)

CONS

Promoter holding has decreased over last 2 years: -10.0pp
Equity base is being diluted - shares outstanding up 1204.4%
Free cash flow has been persistently negative
Though reporting repeated profits, the company pays out little dividend (0.0%)

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Metals & MiningIron & SteelSteel & Iron Products

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	JSWSTEEL	1267.50	12.51	309961.29	0.56	4696.00	112.58	47364.00	11.55	20.67	19.60
2.	TATASTEEL	182.85	20.69	228259.99	2.19	2385.24	18.82	60794.29	15.26	12.70	15.40
3.	SAIL	179.00	17.31	73936.40	1.31	1644.05	120.80	26245.67	1.25	7.08	15.92
4.	WELCORP	2676.25	30.57	70596.97	0.19	1047.88	200.11	4081.12	14.91	23.94	32.17
5.	JSL	755.20	19.16	62260.17	0.53	768.66	7.56	11278.54	10.50	19.19	12.09
6.	APLAPOLLO	2153.00	48.64	59779.85	0.39	263.11	10.94	5606.71	12.07	31.83	7.34
7.	SHYAMMETL	1074.35	26.70	29988.53	0.42	350.73	20.66	5455.09	23.45	13.88	14.03
8.	JINDALSAW	311.85	30.52	19943.06	0.64	90.79	-78.15	4452.31	9.00	10.38	8.79
9.	RATNAMANI	2808.15	45.47	19682.88	0.36	107.03	-15.82	971.63	-15.63	18.01	16.69
10.	SARDAEN	524.75	16.37	18491.21	0.38	478.13	9.50	1608.04	-1.07	17.76	41.59
11.	GPIL	244.50	20.41	16460.69	0.41	222.37	2.75	1750.47	32.29	20.20	19.36
12.	RATNAVEER	288.50	37.65	2421.28	0.00	18.24	—	314.63	54.91	14.30	10.23

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	1,177	1,425	1,932	1,420	2,042	2,300	2,546	2,031	2,646	2,859	2,693	2,490	3,146
	1,075	1,339	1,808	1,411	1,874	2,131	2,419	1,929	2,470	2,678	2,521	2,355	2,966
Operating Profit	102	86	124	9	168	169	127	102	177	181	172	134	181
OPM %	8.63%	6.00%	6.43%	0.66%	8.24%	7.35%	4.99%	5.01%	6.68%	6.32%	6.38%	5.39%	5.75%
	5	9	10	46	6	13	5	16	3	20	0	73	38
Interest	34	32	34	20	48	41	38	0	34	39	52	80	67
Depreciation	10	14	18	16	30	35	41	65	59	64	62	69	74
Profit before Tax	107	94	134	56	174	182	132	118	180	201	172	207	219
Tax %	23.09%	15.35%	31.01%	-0.48%	28.31%	32.50%	14.36%	9.23%	16.74%	23.21%	1.70%	17.89%	16.63%
Net Profit	82	80	93	56	125	123	113	107	149	154	169	170	182
	2.37	1.95	2.27	1.37	3.06	2.44	2.24	2.13	2.97	3.07	3.11	2.94	2.61

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	297	360	427	480	595	892	11,187
	272	340	399	434	545	805	10,520
Operating Profit	25	20	28	46	50	86	667
OPM %	8.27%	5.54%	6.45%	9.51%	8.40%	9.69%	5.96%
	2	4	2	1	7	4	132
Interest	14	12	12	12	12	13	238
Depreciation	2	3	4	4	6	17	268
Profit before Tax	10	10	13	31	39	61	799
Tax %	29.76%	43.07%	29.55%	18.46%	20.57%	22.82%	15.40%
Net Profit	7	5	9	25	31	47	676
EPS	17.69	13.43	23.30	7.22	6.40	8.82	—
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	—

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: 25%
3 Years:: 28%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: 45%
3 Years:: 70%

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: 33%
1 Year:: 97%

RETURN ON EQUITY

10 Years:: —
5 Years:: 17%
3 Years:: 21%
Last Year:: 15%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	4	4	4	35	48	53
	47	52	62	71	203	310
	136	147	189	228	204	188
Trade Payables	36	36	41	37	44	121
	19	17	13	18	16	75
Total Liabilities	242	256	309	389	516	746
	22	32	41	50	74	186
Capital Work in Progress	4	3	4	9	45	54
	115	136	171	206	245	293
	0	0	0	0	45	66
Cash & Bank	18	19	20	30	60	66
	84	66	73	94	48	82
Total Assets	242	256	309	389	516	746

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	10	17	-13	5	12	95
Cash from Investing	-9	-11	-12	-17	-63	-136
Cash from Financing	5	-2	28	27	80	47
	3	1	1	11	29	6

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025

Shareholding Pattern

Numbers in percentages

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	55.48	50.72	50.72	50.72	50.72	50.72	42.63	42.74	45.49
	1.19	0.73	2.38	1.84	1.23	1.32	8.35	7.28	3.53
	0.01	0.39	0.26	0.23	0.00	0.10	2.57	2.54	2.00
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	43.32	48.16	46.64	47.21	48.05	47.86	46.45	47.45	48.98

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-10

Outcome of Board Meeting

2026-09-10 - Ratnaveer Precision Engineering Limited has informed the Exchange regarding Outcome of Board Meeting held on September 10, 2026 regarding allotment of 12499669 Equity Shares of Rs.10/- each at Rs264/- per share on right issue basis.

2026-09-04

Copy of Newspaper Publication

2026-09-04 - Ratnaveer Precision Engineering Limited has informed the Exchange about Copy of Newspaper Publication regarding intimation of dispatching of notice of Annual General Meeting

2026-09-03

General Updates

2026-09-03 - Ratnaveer Precision Engineering Limited has informed the Exchange about Cut of date for the Annual General Meeting and Date of Annual General Meeting.

2026-09-03

Shareholders meeting

2026-09-03 - Ratnaveer Precision Engineering Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 26, 2026

2026-09-01

Copy of Newspaper Publication

2026-09-01 - Ratnaveer Precision Engineering Limited has informed the Exchange about Copy of Newspaper Publication regarding intimation of AGM date.

2026-08-29

Copy of Newspaper Publication

2026-08-29 - Ratnaveer Precision Engineering Limited has informed the Exchange about Copy of Newspaper Publication for completion of dispatch of Letter of Offer and Application form to the shareholders of the Company for Right Issue.

2026-08-26

General Updates

2026-08-26 - Ratnaveer Precision Engineering Limited has informed the Exchange about Letter of Offer for Right Issue.

2026-08-26

Outcome of Board Meeting

2026-08-26 - Ratnaveer Precision Engineering Limited has informed the Exchange regarding Outcome of Board Meeting held on August 26, 2026 with redpect to approval for schedule of the Right Issue, Approval of Letter of Offer and issue related materials, Noting of allotment of ISIN for the purpose of Credit of Right Entitlement.

2026-08-20

Appointment

2026-08-20 - Ratnaveer Precision Engineering Limited has informed the Exchange regarding Appointment of Ms Bhadresh K Mehta & Co, Chartered Accountants as Internal Auditor of the company w.e.f. August 20, 2026 for financial year 2026-27.

News

Recent coverage and analyst commentary for RATNAVEER

Loading news…

🤖

AI Stock Analyst

Ratnaveer Precision Engineering Ltd.

🔒

Sign in to Chat with AI

✨ Sign In to Chat

Free 5nance Account

Name

JSWSTEEL

1267.50

12.51

309961.29

0.56

4696.00

112.58

47364.00

11.55

20.67

19.60

TATASTEEL

182.85

20.69

228259.99

2.19

2385.24

18.82

60794.29

15.26

12.70

15.40

SAIL

179.00

17.31

73936.40

1.31

1644.05

120.80

26245.67

1.25

7.08

15.92

WELCORP

2676.25

30.57

70596.97

0.19

1047.88

200.11

4081.12

14.91

23.94

32.17

JSL

755.20

19.16

62260.17

0.53

768.66

7.56

11278.54

10.50

19.19

12.09

APLAPOLLO

2153.00

48.64

59779.85

0.39

263.11

10.94

5606.71

12.07

31.83

7.34

SHYAMMETL

1074.35

26.70

29988.53

0.42

350.73

20.66

5455.09

23.45

13.88

14.03

JINDALSAW

311.85

30.52

19943.06

0.64

90.79

-78.15

4452.31

9.00

10.38

8.79

RATNAMANI

2808.15

45.47

19682.88

0.36

107.03

-15.82

971.63

-15.63

18.01

16.69

SARDAEN

524.75

16.37

18491.21

0.38

478.13

9.50

1608.04

-1.07

17.76

41.59

GPIL

244.50

20.41

16460.69

0.41

222.37

2.75

1750.47

32.29

20.20

19.36

RATNAVEER

288.50

37.65

2421.28

0.00

18.24

—

314.63

54.91

14.30

10.23

Jun 2023

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

1,177

1,425

1,932

1,420

2,042

2,300

2,546

2,031

2,646

2,859

2,693

2,490

3,146

1,075

1,339

1,808

1,411

1,874

2,131

2,419

1,929

2,470

2,678

2,521

2,355

2,966

Operating Profit

102

124

168

169

127

102

177

181

172

134

181

OPM %

8.63%

6.00%

6.43%

0.66%

8.24%

7.35%

4.99%

5.01%

6.68%

6.32%

6.38%

5.39%

5.75%

Interest

Depreciation

Profit before Tax

107

134

174

182

132

118

180

201

172

207

219

Tax %

23.09%

15.35%

31.01%

-0.48%

28.31%

32.50%

14.36%

9.23%

16.74%

23.21%

1.70%

17.89%

16.63%

Net Profit

125

123

113

107

149

154

169

170

182

2.37

1.95

2.27

1.37

3.06

2.44

2.24

2.13

2.97

3.07

3.11

2.94

2.61

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

TTM

297

360

427

480

595

892

11,187

272

340

399

434

545

805

10,520

Operating Profit

667

OPM %

8.27%

5.54%

6.45%

9.51%

8.40%

9.69%

5.96%

132

Interest

238

Depreciation

268

Profit before Tax

799

Tax %

29.76%

43.07%

29.55%

18.46%

20.57%

22.82%

15.40%

Net Profit

676

EPS

17.69

13.43

23.30

7.22

6.40

8.82

—

Dividend Payout %

0.00%

—

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Equity Capital

203

310

136

147

189

228

204

188

Trade Payables

121

Total Liabilities

242

256

309

389

516

746

186

Capital Work in Progress

115

136

171

206

245

293

Cash & Bank

Total Assets

242

256

309

389

516

746

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

-13

Cash from Investing

-9

-11

-12

-17

-63

-136

Cash from Financing

-2

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

55.48

50.72

42.63

42.74

45.49

1.19

0.73

2.38

1.84

1.23

1.32

8.35

7.28

3.53

0.01

0.39

0.26

0.23

0.00

0.10

2.57

2.54

2.00

Government

0.00

43.32

48.16

46.64

47.21

48.05

47.86

46.45

47.45

48.98

Ratnaveer Precision Engineering Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI

Ratnaveer Precision Engineering Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI