Ratnaveer Precision Engineering
- Market cap
- ₹ 2,778 Cr.
- P/E
- 45.8x
- P/B
- 3.34x
- 52-week range
- 129.98 – 358.8
- ROE
- 12%
- ROCE
- 12%
- Dividend yield
- 0%
- Debt / equity
- 0.5
- Sector
- Industrial Products
- Industry
- Iron & Steel Products
- Listed on
- NSE, BSE
About
Ratnaveer Precision Engineering Limited is an India-based manufacturer and supplier of stainless steel (SS). The Company offers a product range that includes over 2500 types of stainless-steel washers in different sizes. Its products include Stainless Steel Washer, Solar Mounting Hooks, Finishing Sheets and SS Tube and Pipes. SS Tubes and Pipes are manufactured in welded and seamless formats, with options for electro-polishing and bright annealing. It includes Stainless Steel Welded Polished Round Pipes, Stainless Steel Welded Rectangular Round Pipes, Stainless Steel Welded Square Pipes, and Stainless Steel Industrial Welded Pipe and Tubes. Its solar mounting hooks include Vario Hook, Fix Roofing Hook, Adaptor, Winkle, Hammer Roofing Bolt, Long Roofing Hook, Gewinde Plate and Reinforcement. The Company operates five manufacturing units in India and has a global presence, including Germany, Spain, the Netherlands and the United Kingdom.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Iron & Steel Products: 148 companies →Ratnaveer Precision Engineering against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)45.8 against a typical 18.6: pricier than most peers (1st = cheapest).121st of 146
- Sales growth+18.9% against a typical +13.1% from a year earlier.48th of 117
- Profit growth+20% against a typical +26.2% from a year earlier.59th of 105
- Share price, 3 months+87% against a typical −3.1%.3rd of 135
- Size₹ 2,778 Cr. market value against a typical ₹ 156.5 Cr. (1st = largest).21st of 135
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A- by Infomerics- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Infomerics | IVR A- | Stable | 28 Apr 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 28 Apr 2026 | ▲ Upgrade | IVR A- | — | Infomerics | ₹ 288.47 Cr. |
Fund raises
QIPs, preferential issues, warrants and rights issues, one row per filing, newest first. Open a row for details. All fund raise updates
| Stage | Details | |||||
|---|---|---|---|---|---|---|
| 1 Dec 2025 | QIP | Board approved | ₹ 185.5 Cr. | ₹ 152.46 | +126.55% |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 30 Oct 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 20 Aug 2026 | Fund Raising | To consider Fund Raising |
| 24 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 11 Jun 2026 | Fund Raising | To consider Fund Raising |
| 12 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 28 Apr 2026 | Fund Raising/Other business matters | To consider Fund Raising and other business matters |
| 31 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 142 | 193 | 142 | 204 | 230 | 255 | 203 | 265 | 286 | 269 | 249 | 315 |
| Expenses | 129 | 175 | 138 | 180 | 206 | 234 | 186 | 238 | 258 | 241 | 221 | 282 |
| Operating Profit | 13 | 18 | 4 | 25 | 24 | 21 | 17 | 27 | 28 | 29 | 28 | 32 |
| OPM % | 9% | 9% | 3.2% | 12% | 11% | 8% | 8% | 10% | 10% | 11% | 11% | 10% |
| Other Income | 1 | 1 | 5 | 1 | 1 | 0 | 2 | 0 | 2 | 0 | 7 | 4 |
| Interest | 3 | 3 | 2 | 5 | 4 | 4 | 0 | 3 | 4 | 5 | 8 | 7 |
| Depreciation | 1 | 2 | 2 | 3 | 3 | 4 | 7 | 6 | 6 | 6 | 7 | 7 |
| Profit before tax | 9 | 13 | 6 | 17 | 18 | 13 | 12 | 18 | 20 | 17 | 21 | 22 |
| Tax % | 15% | 31% | −1% | 28% | 32% | 14% | 9% | 17% | 23% | 2% | 18% | 17% |
| Net Profit | 8 | 9 | 6 | 13 | 12 | 11 | 11 | 15 | 15 | 17 | 17 | 18 |
| EPS in Rs | 1.65 | 1.91 | 1.16 | 2.58 | 2.31 | 2.13 | 2.02 | 2.82 | 2.91 | 2.49 | 2.5 | 2.55 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 24%
- 3 Years
- 31%
- TTM
- 17%
- 10 Years
- —
- 5 Years
- 64%
- 3 Years
- 37%
- TTM
- 37%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 15%
- 3 Years
- 14%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Ratnaveer Precision Engineering | ₹ 345.40 | ₹ 2,778 Cr. | 45.8x | 3.3x | 12% | — |
| Grindwell Norton | ₹ 1,858.00 | ₹ 20,572 Cr. | 55.4x | 9.1x | 17.4% | 13.6% |
| Carborundum Universal | ₹ 1,031.30 | ₹ 19,647 Cr. | 71.3x | 5.2x | 5.2% | 3.2% |
| Kajaria Ceramics | ₹ 1,137.65 | ₹ 17,896 Cr. | 38x | 6.4x | 16.8% | 10.2% |
| Century Plyboards (India) | ₹ 636.25 | ₹ 14,165 Cr. | 65.9x | 6.8x | 10.6% | 5% |
| Jindal SAW | ₹ 233.30 | ₹ 14,864 Cr. | 17.4x | 1.4x | — | 3.3% |
Management
- Vijay Ramanlal Sanghavi
- Chief Financial Officer, Managing Director
- Umang Anilkumar Lalpurwala
- Compliance Officer, Company Secretary
- Seema Vijay Sanghavi
- Additional Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.