Ratnaveer Precision Engineering Announces Strategic Diversification into Copper Clad Laminates Manufacturing
Ratnaveer Precision Engineering Limited (formerly Ratnaveer Metals Limited) has presented its financial results for the fiscal year ending March 31, 2026, while simultaneously unveiling a significant strategic expansion into the Copper Clad Laminates (CCL) manufacturing sector.The company’s operational scope highlights its established market presence and manufacturing capabilities. Ratnaveer boasts an annual washer output of 1.8+ billion units and serves a total of 219 countries, establishing a vast reach through global distribution partners. The company also maintains a client base of over 3,500 national and international clients, with its operations supporting over 46,668 metric tonnes processed annually. The facility is certified as a Green Power Company, operates with 100% sustainability focus, and employs over 800 people.
Strategic Expansion into CCL Manufacturing
As part of its strategic diversification initiative, Ratnaveer is establishing a fully integrated Copper Clad Laminates (CCL) manufacturing facility in Vadodara, Gujarat. This project focuses on producing FR-4 grade laminates, aiming to strengthen India's electronics and PCB ecosystem.The initiative involves a substantial investment of ₹ 338 Crore over a three-year period. The facility is set to achieve an annual projected capacity of 1.6 million CCL sheets, positioning the company as one of India's fully integrated high volume CCL manufacturers and Gujarat's largest CCL manufacturing unit.
On March 30, 2026, the company saw a key milestone with the handover of an approval letter. Shri Ashwini Vaishnaw, the Hon'ble Minister of Railways, Electronics & IT, Information & Broadcasting, presented the approval letter to Vijay Sanghavi, Managing Director of Ratnaveer, and Seema Sanghavi in Delhi.
Financial Performance Overview
The company's financial performance reflects steady growth across key metrics. Analysis of key financial metrics from FY25 to FY26 shows consistent year-over-year increases.The reported EBITDA per tonne over the past four fiscal years demonstrates a consistent upward trajectory:
| FY | EBITDA per Tonne |
|---|---|
| FY 23 | 2 4,036 |
| FY 24 | 2 4,763 |
| FY 25 | 2 5,028 |
| FY 26 | 2 6,011 |
In addition to earnings metrics, the company provides data on Return on Capital Employed (ROCE) and Return on Equity (ROE) for the years 2024 through 2027, indicating the sustained efficiency and profitability of its operations.
RATNAVEER Stock Price Movement
On Tuesday, Ratnaveer Precision Engineering Limited shares slipped by 4.45% to close at ₹167.32. The stock finished the session trading on a volume of 1.58 million shares, having fallen within a daily range of ₹166.1 to ₹180.4.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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