Ratnaveer Precision Engineering Reports Strong Q1 FY27 Results Amid Electronics Entry into Copper Clad Laminate
Ratnaveer Precision Engineering Ltd, a leading exporter of stainless-steel washers and precision fasteners with over 25 years of experience in India, reported solid consolidated results for Q1 FY27. The company continues its journey of growth and diversification, leveraging five integrated manufacturing facilities across its operations while making significant inroads into the electronics-grade materials market through its Copper Clad Laminate (CCL) project.Founded in Vadodara, Gujarat, in 2000 by Mr. Vijay R Sanghavi, Ratnaveer has established itself as India's number one exporter of stainless-steel washers, supplying global Fortune 500 OEMs. The company boasts a comprehensive portfolio spanning washers, fasteners, tubes and pipes, finishing sheets, and sheet metal components.
Operational Strength and Global Reach
Ratnaveer maintains strong operational excellence across its multiple divisions: Washer and Sheet Metal, Tubes and Pipes, Fasteners, and Finishing Line. With 46,668 MT processed in FY26, the company services 219 clients across 31 countries, supported by 89 distribution partners and over 800 employees.The Washer and Sheet Metal Division alone boasts a capacity exceeding 1.5 billion units annually, offering 3,300+ SKUs across 12 grades. The company is noted for housing India's largest single-roof dedicated washer facility, which includes automated presses and in-house die tooling.
In the Tubes and Pipes Division, Ratnaveer handles cold drawn, welded, and U-bend variants for various sectors including oil and gas, pharma, power, and nuclear. The Fasteners Division offers over 3,500+ SKUs, while the Finishing Line Division produces approximately 200,000 pieces monthly for industries such as elevators and metro rail.
Focus on Electronics: Copper Clad Laminate Project
A major strategic focus for Ratnaveer is its entry into electronics-grade materials with India's first integrated FR-4 CCL facility. The company has received in-principle approval under the Gujarat Electronics Policy for the proposed ₹472.34 Crore CCL project.The project, which includes Line 1 machinery shipment and installation, remains on track for commissioning by November 2026. Currently, the project completion stands at approximately 60%. The company has secured NSE and BSE in-principle approvals for a proposed Rights Issue of up to ₹330 Crore to support the CCL venture and other growth initiatives.
Financial Performance Highlights
Consolidated financial performance during Q1 FY27 showed robust top-line growth across various metrics.The following table details the consolidated Profit and Loss figures (amounts in millions) for Q1 FY27, Q4 FY26, Q1 FY26, and the full fiscal year 2025-26:
| Particulars | Q1FY27 | Q4FY26 | QoQ% | Q1FY26 | YoY% | FY 2025-26 |
|---|---|---|---|---|---|---|
| Revenue | 3,146.35 | 2,489.60 | 26.38% | 2,646.23 | 18.90% | 10,687.36 |
| Total Income | 3,184.26 | 2,562.91 | 24.24% | 2,649.06 | 20.20% | 10,784.10 |
| EBITDA | 359.75 | 356.55 | 0.90% | 273.08 | 31.74% | 1,218.82 |
| EBITDA Margin | 11.43% | 14.32% | (289 bps) | 10.32% | 111 bps | 11.40% |
| PAT | 182.37 | 170.33 | 7.07% | 149.46 | 22.02% | 643.05 |
| PAT Margin | 5.80% | 6.84% | (104 bps) | 5.65% | 15 bps | 6.02% |
Credit Rating and Recognition
The company received significant recognition for its operational excellence, being honored with the Star Performer - Large Enterprise Award at the 42nd EEPC India Export Awards.Furthermore, Infomerics upgraded Ratnaveer’s credit ratings, assigning the long-term rating of IVR A-(Stable) and the short-term rating of IVR A2+. The company's bank facilities were enhanced to ₹388.47 crore following the upgrade.
RATNAVEER Stock Price Movement
Shares of Ratnaveer Precision Engineering Limited are surging as of 9:36 AM, climbing nearly 10% to trade at ₹195.64. The company is exhibiting strong upward momentum, approaching its yearly high amid a traded volume of 5.25 million shares.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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