Results - Announcements
Ratnaveer Precision Engineering Ltd share price gained 2.17% to Rs 353.05 after the company's net profit saw a mild growth of 7.11% to Rs 18.24 crore, while revenue from operations increased sharply by 26.38% to Rs 314.64 crore in Q2FY26 over Q1FY26.
The market capitalization of Iron & Steel Products industry group stocks on BSE stood at Rs 3.26 lakh crore, rising 4.78%. It has marginally improved by 4.18% over last one week and rose by 12.56% in last one month while the market capitalization of Ratnaveer Precision Engineering Ltd has improved by 6.71% and 128.50% in the same period respectively.
Profit before tax (PBT) of Ratnaveer Precision Engineering Ltd stood at Rs 21.88 crore in Q2 FY26, expanding by 21.89% year-on-year, and gaining 5.45% quarter-on-quarter. EBITDA came in at Rs 28 crore, easing 6.17% YoY and surging by 35.30% sequentially.
Total expenses soared by 27.39% to Rs 289.83 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 269.15 crore, jumping 37.21% YoY, while employee benefits expense was at Rs 3.5 crore, softening 2.23% YoY.
For the TTM ended FY26, revenue from operations advanced 19.83% to Rs 1068.74 crore, while net profit surged by 37.36% to Rs 64.31 crore, compared to previous TTM. EBITDA jumped by 8968% to Rs 102.53 crore, and PBT soared 25.28% to Rs 75.98 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 48.16 crore in FY26, as against Rs 94.93 crore in FY25.
Ratnaveer Precision Engineering Ltd rallied 134.63% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 12.76% during the same period.