NSEPress Release20h ago · 30 Oct 2026, 07:35 pm
Press Release
Ratnaveer Precision Engineering Limited · RATNAVEER
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Ratnaveer Precision Engineering Limited has reported strong Q2 & H1 FY27 performance, with Revenue up 35% YoY to ₹3,872.37 million and PAT up 56% YoY to ₹240.63 million.
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Full Announcement
Ratnaveer Precision Engineering Limited has informed the Exchange regarding a press release dated October 30, 2026, titled "Ratnaveer Precision Engineering Limited reports strong Q2 & H1 FY27 performance, with Revenue up 35% YoY to ₹3,872.37 million and PAT up 56% YoY to ₹240.63 million".
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30th October, 2026
To To
National Stock Exchange of India Limited, BSE Limited
Exchange Plaza, Plot No. C/1, G Block, Bandra- Phiroze Jeejeebhoy Towers, 21st Floor,
Kurla Complex, Bandra (East),
Dalal Street, Mumbai – 400001
Mumbai –400051
NSE Scrip Symbol: RATNAVEER BSE Scrip Code: 543978
Kind Att.: Listing Department. Kind Attn.: Corporate Relationship Department.
Dear Sir/Madam,
Sub: Press Release - Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015.
We are enclosing herewith the Press Release dated October 30, 2026 titled, “Ratnaveer Precision Engineering
Limited reports strong Q2 & H1 FY27 performance, with Revenue up 35% YoY to ₹3,872.37 million and PAT
up 56% YoY to ₹240.63 million”.
This is for your information and records
Thanking You
Yours faithfully
For Ratnaveer Precision Engineering Limited
Umang Lalpurwala
Company Secretary & Compliance Officer
Ratnaveer Precision Engineering Limited reports strong
Q2 & H1 FY27 performance, with Revenue up 35% YoY to
₹3,872.37 million and PAT up 56% YoY to ₹240.63 million
P R E S S R E L E A S E
Vadodara, Gujarat | 30 October 2026
Ratnaveer Precision Engineering Limited, a leading manufacturer and exporter of
stainless-steel washers and precision fasteners, announced its unaudited consolidated
financial results for the second quarter ended 30 September 2026. The quarter's
performance reflects the Company's operational progress across its diversified
manufacturing verticals, supported by its established export presence and strategic
expansion into electronics-grade materials through its integrated FR-4 Copper Clad
Laminate (CCL) project.
(Rs. in Million | Unaudited | Condolidated)
Particulars Q2FY27 Q2FY26 YoY% HFY27 H1FY26 YoY%
Revenue 3,872.37 2,858.68 35.46% 7,018.72 5,504.91 27.50%
Other Income 56.04 20.42 174.44% 93.95 23.25 304.09%
Total Income 3,928.41 2,879.10 36.45% 7112.67 5528.16 28.66%
Total Expenditure 3,506.79 2,575.64 36.15% 6,331.30 4,951.62 27.86%
EBITDA 421.62 303.46 38.94% 781.37 576.54 35.53%
EBITDA Margin 10.89% 10.62% 27 bps 11.13% 10.47% 66 bps
Depreciation 68.11 63.71 6.91% 141.88 123.18 15.18%
Interest Cost 77.86 38.77 100.83% 145.08 72.88 99.07%
PBT 275.31 200.98 36.98% 494.15 380.48 29.88%
Tax 34.68 46.65 (25.66%) 71.07 76.69 (7.33%)
PAT 240.71 154.33 55.92% 423.08 303.86 39.24%
PAT Margin 6.21% 5.40% 81 bps 6.03% 5.52% 51 bps
KEY BUSINESS UPDATES
Successful Completion of ₹329.99 Crore Rights Issue
The Company successfully completed its ₹329.99 crore Rights Issue with an
overall subscription of 1.11x, allotting 1,24,99,669 equity shares at ₹264 per
share.
Integrated FR-4 CCL Project Update
The integrated FR-4 CCL project has achieved approximately 75% completion.
Machinery is expected by mid-November 2026, followed by installation and trial
runs. Phase 1 will have an annual production capacity of 15.84 lakh sheets.
MANAGEMENT COMMENTARY
Mr. Vijay R. Sanghavi, Managing Director, Ratnaveer Precision Engineering
Limited, said:
“We are pleased with the Company's performance during Q2 and H1 FY27.
Revenue from operations grew 35.46% YoY to ₹3,872.37 million, while EBITDA
increased 38.94% to ₹421.62 million and PAT grew 56.14% to ₹240.97 million in
Q2 FY27. For H1 FY27, revenue increased 27.50% to ₹7,018.72 million and PAT
grew 39.35% to ₹423.34 million, reflecting the strength of our manufacturing
operations and customer relationships.
We are making steady progress on our integrated FR-4 Copper Clad Laminate
project, which has achieved approximately 75% completion, with machinery
expected by mid-November 2026. With India's domestic CCL market largely
dependent on imports and increasing demand from electronics, EVs, telecom
and defence sectors, we see significant long-term opportunities in this segment.
Going forward, our focus remains on timely project execution, commissioning of
the facility and strengthening our existing manufacturing businesses to build a
diversified manufacturing platform and create sustainable long-term value."
OUTLOOK
The Company remains focused on strengthening its existing manufacturing verticals while
expanding into electronics-grade materials through its integrated FR-4 Copper Clad Laminate (CCL)
project. With increasing demand from electric vehicles, 5G infrastructure, consumer electronics and
defence, alongside over 90% of domestic CCL demand currently being met through imports, the
Company sees significant opportunities in domestic manufacturing and import substitution.
The planned investment of ₹338 crore over three years in the CCL project, supported by approval
under the Electronics Component Manufacturing Scheme (ECMS), marks an important milestone in
the Company's diversification strategy. Going forward, the Company aims to leverage its established
manufacturing capabilities and the growing electronics ecosystem to expand its presence in this
emerging segment and create long-term value.
ABOUT RATNAVEER PRECISION ENGINEERING LTD
Ratnaveer Precision Engineering Limited, established in 2000 and headquartered in Vadodara,
Gujarat, is a leading manufacturer and exporter of stainless-steel washers and precision fasteners.
The Company's diversified product portfolio includes washers, fasteners, tubes and pipes, finishing
sheets and sheet metal components.
With five integrated manufacturing facilities, over 800 employees and an established presence
across 31 countries, the Company serves customers across automotive, industrial, infrastructure and
other specialised applications. The Company is also expanding into electronics-grade materials
through its integrated FR-4 Copper Clad Laminate (CCL) project.
SAFE HARBOUR
This press release contains forward-looking statements based on management's current
expectations and assumptions, which are subject to risks and uncertainties including
capacity utilisation, commodity prices, customer demand and receipt of approvals. Actual
results may differ materially, and the company undertakes no obligation to update these
statements. The financial results are unaudited and subject to limited review by the
statutory auditors, and should be read with the results and notes filed with the stock
exchanges. This document does not constitute an offer or invitation to subscribe to any
securities of the company.
For Further Information:
Ratnaveer Precision Engineering Ltd Finportal Investments Private Limited
Email: ir@cubextubings.com Email: ir@finportalin.com