Electrical Equipment & Products company Ram Ratna Wires announced Q1FY27 results Consolidated Financial Highlights: Revenue from operations for Q1FY27 was reported at Rs 1,85,328.10 lakh, reflecting a YoY growth of 88.63% from Rs 98,246.90 lakh in Q1FY26 and a QoQ increase of 5.73% from Rs 1,75,285.14 lakh in Q4FY26. Total revenue reached Rs 1,85,562.22 lakh in Q1FY27, marking a YoY increase of 88.17% from Rs 98,614.20 lakh in Q1FY26 and a QoQ growth of 5.50% from Rs 1,75,887.47 lakh in Q4FY26. Profit before tax for Q1FY27 stood at Rs 4,609.48 lakh, representing a YoY increase of 105.81% compared to Rs 2,239.66 lakh in Q1FY26, while decreasing by 19.67% QoQ from Rs 5,738.48 lakh in Q4FY26. Net profit for the period in Q1FY27 was Rs 3,516.35 lakh, an increase of 120.84% YoY from Rs 1,592.24 lakh and a QoQ decline of 10.36% from Rs 3,922.85 lakh. Total comprehensive income for Q1FY27 was Rs 3,496.03 lakh, a YoY growth of 125.96% from Rs 1,547.16 lakh in Q1FY26 and a QoQ decrease of 12.88% from Rs 4,012.86 lakh in Q4FY26. Basic and Diluted earnings per share (EPS) for Q1FY27 were reported at Rs 3.77, compared to Rs 1.66 in Q1FY26. Other income for Q1FY27 was Rs 234.12 lakh, showing a YoY decrease from Rs 367.30 lakh in Q1FY26. Standalone Financial Highlights: Revenue from operations for Q1FY27 was Rs 1,83,199.09 lakh, reflecting a YoY growth of 90.75% from Rs 96,040.08 lakh in Q1FY26 and a QoQ increase of 6.22% from Rs 1,72,479.99 lakh in Q4FY26. Total revenue stood at Rs 1,83,427.33 lakh in Q1FY27, a YoY increase of 90.22% from Rs 96,429.10 lakh and a QoQ growth of 5.97% from Rs 1,73,096.20 lakh. Profit before tax for Q1FY27 was reported at Rs 4,763.98 lakh, growing by 130.50% YoY from Rs 2,066.76 lakh and declining by 17.47% QoQ from Rs 5,772.22 lakh. Net profit reached Rs 3,671.62 lakh in Q1FY27, marking a YoY growth of 152.55% from Rs 1,453.79 lakh and a QoQ decrease of 8.23% from Rs 4,000.95 lakh. Total comprehensive income for Q1FY27 was Rs 3,650.04 lakh, as against Rs 1,411.34 lakh in Q1FY26. Basic and Diluted earnings per share (EPS) for Q1FY27 were Rs 3.93, compared to Rs 1.56 in Q1FY26. Business Highlights: Segment Performance: The consolidated revenue for Q1FY27 across major segments was as follows: Winding wires and strips: Rs 1,35,689.67 lakh, growing YoY from Rs 82,691.80 lakh. Copper tubes and pipes: Rs 48,997.75 lakh, representing a significant YoY increase from Rs 13,738.65 lakh. Other: Rs 2,129.01 lakh, compared to Rs 2,206.82 lakh in Q1FY26. Bonus Issue Impact: The Company had allotted 4,66,74,536 bonus equity shares of Rs 5/- each in a 1:1 ratio on December 26, 2025. Consequently, earnings per share for previous periods have been restated in accordance with Ind AS 33. Regulatory Compliance: The Company noted the notification of the Hazardous and Other Wastes Amendment Rules, 2025, which imposed Extended Producer Responsibility (EPR) for Scrap of Non-Ferrous Metals effective from April 1, 2026. The Company is monitoring developments regarding the centralized Online Portal for EPR certificate procurement to evaluate future financial impacts. Joint Venture Performance: The Company’s share of net profit from its joint venture, R R Imperial Electricals Limited (located in Bangladesh), was Rs 61.16 lakh for Q1FY27. Shri Mahendrakumar Kabra, MD, said: “We are pleased to begin FY27 with a strong set of results, delivering healthy growth in revenue and profitability. Our performance reflects robust demand across key end-user industries, disciplined execution and the benefits of our continued investments in expanding our business portfolio and manufacturing capabilities. A key highlight of the quarter was the continued momentum in our Copper Tubes business, with its contribution to revenue rising to 26%, reflecting the success of our diversification strategy. As we continue to invest in capacity expansion and strengthen our presence through our subsidiary and joint venture, we are expanding our reach across high-growth end-use industries while building a more balanced and resilient business. Looking ahead, we remain focused on driving sustainable growth through operational excellence, disciplined capital allocation and continued improvement in working capital efficiency. Supported by India's long-term investments in power infrastructure, manufacturing, electrification and energy-efficient cooling solutions, we are well positioned to capitalize on the opportunities ahead and further strengthen our market position. We remain committed to creating sustainable value for all our stakeholders.” Result PDF
Electrical Equipment & Products company Ram Ratna Wires announced Q4FY26 & FY26 results Consolidated Financial Highlights: Revenue from Operations for Q4FY26 was Rs 1,75,285.14 lakh, representing a growth of 37.16% on a QoQ basis compared to Rs 1,27,793.64 lakh and a growth of 83.21% on a YoY basis compared to Rs 95,674.50 lakh. Total Revenue for Q4FY26 stood at Rs 1,75,887.47 lakh, up 37.13% from Rs 1,28,264.09 lakh in Q3FY26 and up 82.61% from Rs 96,320.34 lakh in Q4FY25. Net Profit for Q4FY26 reached Rs 3,922.85 lakh, reflecting an increase of 24.01% QoQ compared to Rs 3,163.40 lakh and an increase of 110.21% YoY compared to Rs 1,866.15 lakh. For the full year FY26, the company achieved Revenue from Operations of Rs 5,17,664.98 lakh, marking a growth of 40.80% compared to Rs 3,67,674.93 lakh in FY25. Total annual income for FY26 was Rs 5,19,514.70 lakh, a growth of 40.62% compared to Rs 3,69,455.26 lakh in the previous year. The annual Net Profit for FY26 stood at Rs 10,859.71 lakh, an increase of 54.69% over Rs 7,020.37 lakh reported in FY25. Basic Earning Per Share for FY26 improved to Rs 11.48, compared to Rs 7.53 in FY25. Standalone Financial Highlights: Revenue from Operations for Q4FY26 stood at Rs 1,72,479.99 lakh, a growth of 37.98% on a QoQ basis compared to Rs 1,24,961.76 lakh and a growth of 85.08% on a YoY basis compared to Rs 93,194.76 lakh. Total Revenue for the quarter was Rs 1,73,096.20 lakh, up 37.98% from Rs 1,25,452.67 lakh in the preceding quarter and up 84.41% from Rs 93,862.10 lakh in the corresponding quarter of the previous year. Standalone Net Profit for Q4FY26 was Rs 4,000.95 lakh, reflecting an increase of 24.50% QoQ compared to Rs 3,213.72 lakh and an increase of 127.88% YoY compared to Rs 1,755.75 lakh. For the full year FY26, Standalone Revenue from Operations reached Rs 5,07,610.97 lakh, up 40.12% from Rs 3,62,267.94 lakh in the previous year. Total annual standalone income for FY26 stood at Rs 5,09,535.64 lakh, marking a growth of 39.94% YoY. Standalone Net Profit for the full year FY26 was Rs 10,832.08 lakh, compared to Rs 7,172.32 lakh in FY25, representing an increase of 51.03%. Basic Earning Per Share for the year FY26 was Rs 11.61, compared to Rs 7.70 in the previous year. Business Highlights: Dividend: The Board of Directors has recommended a final dividend of Rs 2.50 per equity share (i.e., @ 50%) of the face value of Rs 5/- each fully paid up, for the financial year ended March 31, 2026. Segment-wise Performance: Winding wires and strips segment reported revenue of Rs 3,98,659.09 lakh for FY26, compared to Rs 3,08,992.59 lakh in FY25. Copper tubes and pipes segment reported revenue of Rs 1,14,674.41 lakh for FY26, compared to Rs 53,275.35 lakh in FY25. Other segments contributed Rs 10,054.01 lakh to the consolidated revenue in FY26. Exceptional Items: The Group recognized an additional liability related to the statutory impact of new labour codes amounting to Rs 356.43 lakh in consolidated results and Rs 333.01 lakh in standalone results for FY26. Bonus Shares Allotment: Pursuant to approval by the members, the company allotted 4,66,74,536 fully paid-up bonus equity shares in the proportion of 1:1 on December 26, 2025, by capitalization of reserves. Merger Impact: Figures for the previous year ended March 31, 2025, have been recasted to give effect to the merger of Global Copper Private Limited (erstwhile subsidiary) into the company. Shri Mahendrakumar Kabra, MD, said: “FY26 has been a pivotal year for Ram Ratna, marked by strong execution, disciplined growth, and meaningful operational progress. We delivered healthy growth in both revenue and profitability, with Q4 showcasing exceptional momentum as EBITDA and PAT more than doubled year-on-year. At the same time, we further strengthened our return ratios, with ROCE improving to ~ 25% and ROE reaching ~21%. A key highlight of the year was the continued improvement in our product mix, with the contribution of Copper Tubes and Pipes increasing from 14% to 22%, reflecting the progress of our strategic diversification initiatives and positioning the portfolio for sustainable long-term growth and profitability. As part of our focus on expanding value-added offerings, we are actively progressing on the development of Inner Grooved Tubes (IGT), which will further strengthen our presence in the segment. Domestic demand momentum remained robust, supported by sustained investments across India’s power, transmission, distribution, and infrastructure sectors. We are also witnessing encouraging traction in high-growth segments such as EV infrastructure and renewable energy grid connectivity. Looking ahead, the favourable industry outlook, supported by our diversification strategy, ongoing capacity expansion, and continued capital investments, positions us well for sustained growth. Additionally, our strategic initiatives through the joint venture and subsidiary businesses are steadily gaining momentum and are expected to contribute meaningfully to the Company’s future growth journey. We remain committed to creating sustainable value for all our stakeholders.” Result PDF
Electrical Equipment & Products company Ram Ratna Wires announced Q3FY26 results Revenue: Rs 1,277.9 crore against Rs 888.7 crore during Q3FY25, change 44%. EBITDA: Rs 72 crore against Rs 39 crore during Q3FY25, change 85%. EBITDA Margin: 5.6% for Q3FY26. PAT: Rs 31.6 crore against Rs 18.3 crore during Q3FY25, change 73%. PAT Margin: 2.5% for Q3FY26. Shri Mahendrakumar Kabra, MD said: “We are delighted to report yet another quarter of exceptional performance, led by rising demandfor copper tubes driven by the growth in the HVAC industry. This segment has seen its contributionto revenues increase from 17% last year to 27% this quarter, driving profitability and underscoringour focus on expanding domestic capacity and reducing import reliance. To further strengthen thissegment, Inner Grooved Tube (IGT) manufacturing is currently in progress and at the evaluationstage. At the same time, copper winding wires continue to benefit from India’s electrification push andthe rapid expansion of power transmission and distribution infrastructure, resulting in robustgrowth across our portfolio. Our consolidated revenue for this quarter grew by 43.8% YoY,with Operating EBITDA rising 84.9% and Profit After Tax improving 72.5%, reflecting operationalexcellence and disciplined execution. Looking ahead, strong demand momentum supported by industry tailwinds and capacity additionswill continue to drive growth. In addition, developments in our joint venture and subsidiary areadvancing well and will further enhance our growth trajectory. We remain committed to deliveringsustainable value for all our stakeholders.“ Result PDF
Electrical Equipment & Products company Ram Ratna Wires announced Q2FY26 results Revenue from Operations: Rs 1,163.4 crore against Rs 939.8 crore during Q2FY25, change 23.8%. EBITDA: Rs 55.5 crore against Rs 36.1 crore during Q2FY25, change 53.9%. EBITDA Margin: 4.8% for Q2FY26. PAT: Rs 21.8 crore against Rs 16.8 crore during Q2FY25, change 29.9%. PAT Margin: 1.9% for Q2FY26. Mahendrakumar Kabra, MD, said: “We are pleased to report strong growth in Q2 and H1FY26, driven by operational efficiency and strategic capacity additions. This quarter marks our highest-ever EBITDA and PAT, with EBITDA growing by approximately 54% YoY and Profit After Tax improving by around 30%, reflecting our focus on profitability. A key highlight this quarter is the rise in contribution from Copper Tubes & Pipes, now at 24% of revenue compared to 13% last year. Our Bhiwadi plant is ramping up operations to meet growing demand from the air conditioning industry. With this expansion, our copper tube capacity will include a full range of products such as Level Wound Coils (LWC) and Inner Grooved Tubes (IGT), boosting domestic production and reducing import reliance. Additionally, we are delighted to share that our Bhiwadi plant has been approved under the Rajasthan Investment Promotion Scheme (RIPS-2024), granting Turnover Linked Incentives that will enhance profitability and strengthen cost competitiveness. Looking ahead, we expect strong demand from Q3FY26 onwards, supported by seasonality and new capacities. We remain committed to diversifying our portfolio through a pipeline of valueadded products tailored to high-growth applications. We are confident that our joint venture with Epavo and subsidiary Tefabo will enhance profitability by delivering value-added products across high-demand sectors. Thank you for your continued support and trust in our journey.” Result PDF
Electrical Equipment & Products company Ram Ratna Wires announced Q2FY26 results Revenue from Operations: Rs 1,163.4 crore against Rs 939.8 crore during Q2FY25, change 23.8%. EBITDA: Rs 55.5 crore against Rs 36.1 crore during Q2FY25, change 53.9%. EBITDA Margin: 4.8% for Q2FY26. PAT: Rs 21.8 crore against Rs 16.8 crore during Q2FY25, change 29.9%. PAT Margin: 1.9% for Q2FY26. Mahendrakumar Kabra, MD, said: “We are pleased to report strong growth in Q2 and H1FY26, driven by operational efficiency and strategic capacity additions. This quarter marks our highest-ever EBITDA and PAT, with EBITDA growing by approximately 54% YoY and Profit After Tax improving by around 30%, reflecting our focus on profitability. A key highlight this quarter is the rise in contribution from Copper Tubes & Pipes, now at 24% of revenue compared to 13% last year. Our Bhiwadi plant is ramping up operations to meet growing demand from the air conditioning industry. With this expansion, our copper tube capacity will include a full range of products such as Level Wound Coils (LWC) and Inner Grooved Tubes (IGT), boosting domestic production and reducing import reliance. Additionally, we are delighted to share that our Bhiwadi plant has been approved under the Rajasthan Investment Promotion Scheme (RIPS-2024), granting Turnover Linked Incentives that will enhance profitability and strengthen cost competitiveness. Looking ahead, we expect strong demand from Q3FY26 onwards, supported by seasonality and new capacities. We remain committed to diversifying our portfolio through a pipeline of value-added products tailored to high-growth applications. We are confident that our joint venture with Epavo and subsidiary Tefabo will enhance profitability by delivering value-added products across high-demand sectors. Thank you for your continued support and trust in our journey.” Result PDF
Electrical Equipment & Products company Ram Ratna Wires announced Q1FY26 results Revenue from Operations: Rs 982.5 crore compared to Rs 891.5 crore during Q1FY25, change 10.2%. EBITDA: Rs 42.9 crore compared to Rs 35.9 crore during Q1FY25, change 19.3%. EBITDA Margin: 4.4% for Q1FY26. PAT: Rs 15.9 crore compared to Rs 16.4 crore during Q1FY25, change -3.0%. Mahendrakumar Kabra, MD said: “Q1FY26 has set a strong tone for the year ahead. We recorded a 10% revenue growth over the same quarter last year, and continued to deliver resilient operational performance, with EBITDA increasing by 19%. A modest dip in profit after tax reflects our ongoing expansion efforts and the associated cost curve. I’m pleased to share that Global Copper Pvt. Ltd. is now merged into Ram Ratna Wires Ltd., marking a key milestone in our growth journey. Our greenfield copper tube expansion of 24,000 MTPA is progressing well, with commercial production commenced successfully. We are now ramping up operations, strengthening our ability to cater to the growing demand from the air conditioning industry across domestic and global markets. We are hopeful that our wind tower fabrication and BLDC motor segment, driven through our subsidiary and JV, Tefabo and Epavo respectively, will contribute meaningfully in the years ahead. These efforts collectively strengthen our presence across multiple industrial sectors. Thank you for your continued support and trust in our journey.” Result PDF
Electrical Equipment & Products company Ram Ratna Wires announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue from Operations rose by 19.1%, from Rs 803.4 crore to Rs 956.7 crore. EBITDA increased by 23.3%, from Rs 36.8 crore to Rs 45.3 crore. EBITDA Margin improved slightly from 4.6% to 4.7%. PBT grew by 26.6%, from Rs 23.4 crore to Rs 29.6 crore. PAT declined by -3.8%, from Rs 19.4 crore to Rs 18.7 crore. FY25 Financial Highlights: Revenue from Operations increased by 23.2%, from Rs 2,983.2 crore to Rs 3,676.7 crore. EBITDA rose by 31.4%, from Rs 119.0 crore to Rs 156.3 crore. EBITDA Margin improved from 4.0% to 4.3%. PBT surged by 30.2%, from Rs 74.6 crore to Rs 97.2 crore. PAT grew by 28.5%, from Rs 54.6 crore to Rs 70.2 crore. Commenting on the Results, Shri Mahendrakumar Kabra, MD said, - "I’m pleased to share that FY25 closed on a strong note, with Q4 performance reinforcing our growth momentum. Revenue from Operations rose 19.1% year-on-year, supported by a 23.3% increase in EBITDA and a 26.6% rise in Profit Before Tax. The modest decline in PAT was due to accounting adjustment for higher tax expenses, and not reflective of our operational efficiency. This growth was led by resilient demand in our enameled wires and strips business, along with strong traction in copper tubes. We continue to diversify our portfolio, with the upcoming commissioning of the Bhiwadi copper tube facility and our recent entry into BLDC motors, which are expected to contribute meaningfully going ahead. We are also actively exploring opportunities in the copper foils segment to further strengthen our future pipeline. The Board approved increase in our stake in Tefabo Product Pvt. Ltd. adds further momentum. With a clear strategic roadmap and focused execution, we are wellpositioned to sustain our growth in FY26 and beyond. Thank you for your continued support.” Result PDF
Electrical Equipment company Ram Ratna Wires announced Q3FY25 results Revenue from Operations: Rs 888.7 crore in Q3FY25, up 27.2% YoY from Rs 698.4 crore in Q3FY24. EBITDA: Rs 39.0 crore in Q3FY25, rising 50.2% YoY from Rs 25.9 crore in Q3FY24. EBITDA Margin: 4.4% in Q3FY25, up 70 bps YoY from 3.7% in Q3FY24. Profit After Tax (PAT): Rs 18.3 crore in Q3FY25, rising 56.6% YoY from Rs 11.7 crore in Q3FY24. PAT Margin: 2.1% in Q3FY25, up 40 bps YoY from 1.7% in Q3FY24. Shri Mahendrakumar Kabra, MD said, -“I am pleased to report that the company has delivered an outstanding performance in Q3FY25, achieving 27% topline growth and 57% PAT growth year-on-year. This success has been driven by strong domestic demand in our core enameled wires and strips segment, as well as exceptional growth in the copper tubes and pipes segment, where sales volume surged 70% year-on-year and EBITDA per tonne grew by 63% to Rs 63,487. We are on track to commission our 24,000 MTPA copper tube facility in FY25, which will expand our overall copper tube capacity fivefold, reflecting our strategic focus on scaling high-margin business segments. Notably, copper tubes contributed 17% to this quarter’s revenue mix, up from 11% in Q3FY24, underscoring the effectiveness of our diversification and growth strategy. The production capacity expansions at Bhiwadi, supported by a Rs 700 crore investment over the next three years, along with the expansion at our existing Silvassa facility, are progressing as planned. These efforts will enable us to meet the growing demand across key segments. Additionally, with the growing air-conditioning market in India, we see significant potential and remain optimistic about the future growth of BLDC motors segment. Thank you all for your continued support.” Result PDF
Electrical Equipment & Products company Ram Ratna Wires announced Q2FY25 results Revenue from Operations: Rs 939.8 crore, change 24.1% YoY. EBITDA: Rs 36.1 crore, change 14.3% YoY. Profit After Tax (PAT): Rs 16.8 crore, change 17.2% YoY. Shri Mahendrakumar Kabra, MD, Ram Ratna Wires, said: “I am thrilled to announce that Ram Ratna Wires has achieved its highest-ever quarterly revenue in Q2 FY25, fueled by robust domestic demand, which now contributes 91% to our revenue. Our improved EBITDA per tonne is driven by favorable product mix and strong market conditions. We are also expanding our offerings to include Paper Covered Strips, Fine & Ultra Fine Enameled Wires, Litz Wires, etc. The growth in high-margin segments like copper tubes & pipes, BLDC Motors & HVLS fans is further boosting our overall performance. Looking ahead, we are dedicating Rs 700 crore over the next three years to enhance our Bhiwadi facility. We have already invested some portion of this earmark expanding the capacity of the plant to 24,000 MTPA. The Board has approved the acquisition of 60% stake in Tefabo Product Private Limited, expanding our footprint in the renewable energy sector. Additionally, we are investing Rs 40 crore to increase our Silvassa plant's capacity from 39,600 MT to 49,200 MT. I welcome our new Non-Executive Directors, Shri Hitesh Laxmichand Vaghela and Shri Ashok Kumar Goel, whose expertise will guide us as we continue driving sustainable growth. Thank you all for your continued support” Result PDF