RATNAVEERIndustrials

Ratnaveer Precision Engineering Limited

Iron & Steel Products · ISIN INE05CZ01011 · BSE 543978 · NSE EQ · FV ₹10
Last price
₹304
+5.96%today
What this company does

Ratnaveer Precision Engineering Limited operates in Iron & Steel Products, part of the Industrials sector. It booked ₹315 cr of revenue in its latest quarter (Q1 FY27) and kept 5.8% of sales as profit.

The company is one of the leading divided into 6,20,00,000 (Six Crores Twenty producers of highest range of S.S.
In the report:
47out of 100
Equitytale Health Score
Mixed

Healthier than 47% of companies in Industrials, on the 5 of 6 measures we could read for it. Each measure is ranked against the 234–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
64

At close. Not part of the score.

Profitability & returns56

How much profit it earns on the money it employs

Balance sheet41

How much it owes, and whether earnings cover the interest

Cash quality16

Whether reported profit actually arrives as cash

Valuation38

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Promoters hold 45%
No promoter shares pledged
Watch-outs
! Thin 5.8% net margin

What if I invest in RATNAVEER?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹304 +5.96%
latest close · 2026-09-17
52-wk low ₹17342 sessions so far52-wk high ₹322
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio29.1Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity10.9%Fair
WeakFairStrong ▸15%
Return on capital15.8%Strong
WeakFairStrong
Net margin5.8%Decent
ThinDecentStrong
EBITDA margin11.4%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.50Moderate
LowModerateHigh ▸1
Interest cover4.3×Okay
RiskyOkayStrong ▸5×
Current ratio1.71Healthy
Tight ◂1HealthyAmple
More figures
Market cap
Book value
EPS
₹2.61
latest quarter
Net debt
₹244 cr
owes more than its cash
Enterprise value
EBITDA
₹144 cr
annualised
EBIT
₹114 cr
annualised
Operating margin
9.1%
Return on assets
5.8%
Earnings yield
3.44%
P/S
Sales / share
Tax rate
16.6%
Face value
₹6,568
Working capital
₹385 cr
Current assets
₹923 cr
Current liabilities
₹539 cr
Delivery %
33.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹315 cr
Other Income₹4 cr
Total Income₹318 cr
Cost of Materials₹269 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-6 cr
Employee Benefit Expense₹4 cr
Finance Costs₹7 cr
Depreciation & Amortisation₹7 cr
Other Expenses₹16 cr
Total Expenses₹297 cr
Profit before Tax₹22 cr
Tax Expense₹4 cr
Net Profit₹18 cr
Net margin on total income5.7%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹263 cr82.7%
Employee benefit expense₹4 cr1.1%
Finance costs₹7 cr2.1%
Depreciation & amortisation₹7 cr2.3%
Other expenses₹16 cr4.9%
Tax expense₹4 cr1.1%
Profit for the period₹18 cr5.7%
Total income ₹318 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27
Revenue249 cr315 cr
Total income256 cr318 cr
Expenses236 cr297 cr
Profit before tax21 cr22 cr
Tax4 cr4 cr
Net profit (owners' share)17 cr18 cr
Net margin (owners' share, on revenue)6.8%5.8%
EPS (₹)2.942.61
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹1,262 cr
Shareholder equity
₹669 cr
parent shareholders
Total debt
₹335 cr
Cash
₹91 cr
Peer comparison
Iron & Steel Products · by market value
CompanyPriceMarket capP/E
Welspun Corp Limited₹2,460₹64,903 cr15.5
APL Apollo Tubes Limited₹2,149₹59,664 cr56.7
Shyam Metalics and Energy Limited₹1,077₹29,982 cr21.4
Ratnamani Metals & Tubes Limited₹2,703₹18,943 cr57.6
Jindal Saw Limited₹291₹18,622 cr44.7
Usha Martin Limited₹496₹15,122 cr26.6
Godawari Power And Ispat limited₹238₹14,709 cr16.6
Gallantt Ispat Limited₹538₹12,974 cr26.2
Maharashtra Seamless Limited₹720₹9,651 cr9.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
ActionDetailEx-date
Rights issue40:725 Aug 2026
Who owns it · 2026-06-30
No pledge
Promoter
45.5%
FII / Foreign
3.5%
DII / Domestic
2.0%
Retail / others
49.0%
Promoter stake down 10.0% over the last 12 quarters.
Smart-money activity
Bulk / block deals
BoughtTRADE SOLVENT PRIVATE LIMITED · NSE5.50 L @ ₹279.9916 Sep 26
SoldSKYLINE RETAILER LLP · NSE4.84 L @ ₹280.0916 Sep 26
SoldQE SECURITIES LLP · NSE4.24 L @ ₹281.6216 Sep 26
Stake changes
SoldAstorne Capital VCC-Arven→ 4.84% · 15.00 L24 Dec 25
BoughtAstorne Capital VVC-Arven, Beacon Stone Capital VCC Beacon Stone→ 8.84% · 46.90 L4 Dec 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 8 Aug 2026
See the official result
1
Approval for the appointment of Mr. Kashyap Ashwinbhai Shah (DIN: 02167256) as an independent director of the company for the first term of 5 consecutive years.
Backed by 100% of shareholders other than promotersneeded 75%
29.48 L votes for, 8,273 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 23 named members
owning 45.5% between them · as of 2026-06-30
Vijay Ramanlal Sanghavi42.89%
Seema Vijay Sanghavi2.59%
Alpesh Champalal Jainno shares
Chandra Motilal Doshino shares
Havidevi Champalal Jainno shares
Jain Champalal Kaluchandno shares
Lohagar Developer Private Limitedno shares
Manjulaben Kantilal Bhansalino shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹115 cr raised in Mar 2026 by selling shares to selected investors

As of Jun 2026, the company says it has spent 61% of what it set aside, leaving ₹45 cr still to be spent. Crisil Rating Limited watches the spending on the exchange’s behalf.

Funding Working Capital requirement of our Company
79%
₹70 cr of ₹89 cr
General Corporate Purpose
0%
₹0 cr of ₹26 cr
₹186 cr raised in Dec 2025 by selling shares to large investors

As of Jun 2026, the company says it has spent 46% of what it set aside, leaving ₹100 cr still to be spent. Crisil Rating Limited watches the spending on the exchange’s behalf.

Funding Working Capital requirement of our Company
51%
₹76 cr of ₹150 cr
General corporate purposes
18%
₹6 cr of ₹32 cr
issue Expenses
100%
₹3 cr of ₹3 cr
Spent by quarter: 16%76%46% (to Jun 2026)

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.