Enclosed herewith Investor Presentation for the quarter and FY ended March 31, 2026.
RAMRAT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ram Ratna Wires Ltd reported strong FY26 results with revenue of Rs 5,176.6 crore, up 40.8% YoY, and PAT of Rs 108.6 crore, up 54.7% YoY. The company achieved 5-year CAGRs of 28% in revenue and 47% in PAT. Q4 FY26 was particularly strong with revenue of Rs 1,752.9 crore (up 83.2% YoY) and PAT of Rs 39.2 crore (up 110.2% YoY). EBITDA margins improved from 4.0% in FY24 to 4.3% in FY25 to 5.1% in FY26, showing consistent margin expansion. The copper tubes and pipes segment expanded significantly from 14% to 22% of revenue mix. Net debt increased to Rs 654.1 crore (from Rs 295.4 crore) as the company invested heavily in the new Bhiwadi copper tubes plant. ROCE improved to 25.1% from 22.4% in FY25.
The results indicate strong operational execution with margin improvement and robust growth. The aggressive capacity expansion in copper tubes has increased debt but positions the company well for India's import substitution opportunity. Shareholders should note improving profitability metrics but also rising leverage.