Results - Announcements
Ratnaveer Precision Engineering Ltd share price gained 1.88% to Rs 359.7 after the company's net profit saw a strong growth of 31.96% to Rs 24.07 crore, while revenue from operations increased sharply by 23.07% to Rs 387.24 crore in Q3FY26 over Q2FY26.
The market capitalization of Iron & Steel Products industry group stocks on BSE stood at Rs 3.26 lakh crore, gaining 4.78%. It has marginally improved by 1.47% over last one week and rose by 9.63% in last one month while the market capitalization of Ratnaveer Precision Engineering Ltd has improved by 8.72% and 132.80% in the same period respectively.
Profit before tax (PBT) of Ratnaveer Precision Engineering Ltd stood at Rs 27.54 crore in Q3 FY26, surging by 37.01% year-on-year, and jumping 25.87% quarter-on-quarter. EBITDA came in at Rs 31 crore, rallying 17.78% YoY and rising 8.91% sequentially.
Total expenses witnessed a sharp rise of 23.36% to Rs 357.52 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 358.26 crore, witnessing a sharp rise of 33.11% YoY, while employee benefits expense was at Rs 1.87 crore, plunging by 46.57% YoY.
For the TTM ended FY26, revenue from operations improved 19.83% to Rs 1068.74 crore, while net profit surged by 37.36% to Rs 64.31 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 8968% to Rs 102.53 crore, and PBT jumped 25.28% to Rs 75.98 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 48.41 crore in FY26, as against Rs 94.93 crore in FY25.
Ratnaveer Precision Engineering Ltd rallied 142.25% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 11.78% during the same period.