Ram Ratna Wires Ltd
NSE: RAMRAT BSE: 522281Metal
Ram Ratna Wires Limited is engaged in the manufacturing of winding wires, mainly enamelled copper wires. [1]
₹422
52W: ₹268 — ₹474
PE 44.6 · Book ₹55.1 · +666% vs bookMarket Cap₹3,939 Cr
Stock P/E44.6Price to Earnings
ROCE20.5%Return on Capital
ROE15%Return on Equity
Div. Yield0.3%Face Value ₹5
Strengths
- +Company is expected to give good quarter
- +Company has been maintaining a healthy dividend payout of 19.8%
- +Promoter holding has increased by 0.76% over last quarter.
Weaknesses
- −Stock is trading at 7.62 times its book value
- −Promoter holding has decreased over last 3 years: -3.74%
Shareholding Pattern
Promoters69.3%
FIIs0.17%
DIIs0.44%
Public30.09%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 73.04% | 73.04% | 72.98%▼0.1 | 72.98% | 72.98% | 68.84%▼4.1 | 68.54%▼0.3 | 69.3%▲0.8 |
| FIIs | 0.2% | 0.48%▲0.3 | 0.31%▼0.2 | 0.17%▼0.1 | 0.17% | 0.11%▼0.1 | 0.09%▼0.0 | 0.17%▲0.1 |
| DIIs | 0% | 0% | 0% | 0.24%▲0.2 | 0.35%▲0.1 | 0.33%▼0.0 | 0.42%▲0.1 | 0.44%▲0.0 |
| Public | 26.75% | 26.48%▼0.3 | 26.72%▲0.2 | 26.63%▼0.1 | 26.51%▼0.1 | 30.73%▲4.2 | 30.96%▲0.2 | 30.09%▼0.9 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 675 | 620 | 675 | 758 | 813 | 879 | 932 | 960 | 1,141 | 1,250 |
| Expenses | 648 | 597 | 648 | 736 | 782 | 842 | 890 | 921 | 1,089 | 1,181 |
| Operating Profit | 28 | 23 | 27 | 22 | 31 | 37 | 42 | 40 | 52 | 69 |
| OPM % | 4% | 4% | 4% | 3% | 4% | 4% | 4% | 4% | 5% | 6% |
| Net Profit | 13 | 12 | 16 | 10 | 17 | 18 | 18 | 15 | 22 | 32 |
| EPS ₹ | 1.51 | 1.33 | 1.77 | 1.14 | 1.96 | 2.08 | 1.99 | 1.65 | 2.32 | 3.44 |
AI Insights
Revenue Trend
TTM revenue at ₹4,283Cr, up 18.2% YoY. OPM at 5%.
Debt Position
Borrowings at ₹600Cr. Debt-to-equity ratio: 1.22x. High leverage — monitor closely.
Capex Cycle
CWIP at ₹130Cr (34% of fixed assets). Significant capex underway — growth runway building.
Institutional Flow
DIIs: 0.44% (+0.44pp change). FIIs: 0.17% (-0.40pp change). Promoters hold 69.3%.
Margin & Efficiency
ROCE improving from 14% (Mar 2014) to 21% (Mar 2025). Working capital days: 8.
Valuation
PE 44.6x with 20.5% ROCE. Price is 666% above book value of ₹55.1. Dividend yield: 0.3%.
Recent Announcements
- Corporate Action-Board to consider Dividend 24m - Board to approve FY26 audited results on May 26, 2026; dividend may be recommended.
- Board Meeting Intimation for Meeting Scheduled To Be Held On May 26, 2026 30m - Board meeting on May 26, 2026 to approve FY26 audited results and consider dividend.
- Compliances-Reg.24(A)-Annual Secretarial Compliance 8 May - Annual Secretarial Compliance Report for FY2026 filed; no non-compliances or SEBI actions reported.
- Clarification On Increase In Volume 20 Apr - Company clarified increased trading volume is market-driven; no undisclosed material information.
- Clarification sought from Ram Ratna Wires Ltd 20 Apr - Exchange has sought clarification from Ram Ratna Wires Ltd on April 20, 2026, with reference to Movement in Volume.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse