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Ram Ratna Wires Ltd

₹ 297-0.02%
16 Jan – close price
🔗rrshramik.com•BSE: 522281•NSE: RAMRAT
Market Cap₹ 2,762 Cr.
Current Price₹ 297
High / Low₹ 393
Stock P/E40.6
Book Value₹ 55.2
Dividend Yield0.42 %
ROCE20.5 %
ROE15.0 %
Face Value₹ 5.00
Sales₹ 3,763 Cr.
OPM4.28 %
Mar Cap₹ 2,762 Cr.

ABOUT

Ram Ratna Wires Limited is engaged in the manufacturing of winding wires, mainly enamelled copper wires.[1]

KEY POINTS

Market PositionThe company is the 2nd largest manufacturer of Winding Wire in South Asia. It is the only manufacturer of enameled copper wires in India that offers the widest range, from the thinnest wire of 18 microns (0.018mm) to 4.876 mm with intermediate sizes.[1]

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsJv Partnerships AcquisitionsCredit Rating Updates

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.Waaree Energies2552.2027.1773426.050.08878.21132.976065.6469.7034.9417952.6922.552702.29842.556.3912.400.26
2.Premier Energies739.7028.0033436.840.14353.4471.611836.8720.2841.126991.7730.771194.26353.449.7017.900.47
3.Apar Inds.7410.5031.7229799.610.69251.7029.825715.4223.0632.7020745.768.33939.50251.706.137.830.14
4.Emmvee Photovol.215.3127.9214893.240.00263.64165.771152.25118.1128.012335.6130.91368.94263.6415.5812.122.15
5.Waaree Renewab.941.1523.349800.860.11120.20124.67851.06136.1882.312705.6120.72419.88120.2214.9225.060.12
6.Genus Power283.3518.208605.960.86148.15162.441149.00135.9919.213632.3921.18472.85148.154.608.430.93
7.Vikram Solar235.1432.648517.200.00128.491645.791109.9193.7226.453423.4514.37139.83128.492.885.160.09
8.Ram Ratna Wires296.8040.642762.230.4221.6425.741141.2940.4020.533762.584.2867.9721.645.386.311.17
–Median: 57 Co.215.3128.05652.140.09.4153.91115.2624.1220.55350.8512.8424.659.414.238.430.32

Quarterly Results

Standalone figures in ₹ crores

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales
5545286426456756206757588137299329601,141
Expenses
5355046166236485976487367827018909211,089
Operating Profit
19242622282327223127424052
Other Income
1143643445744
Profit before tax
11151813221518142218282130
Tax %
25%25%24%26%39%24%15%28%22%19%36%30%28%
Net Profit
8111410131216101714181522
EPS in Rs
0.951.241.571.121.511.331.771.141.961.621.991.652.32

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
6997417198011,0271,2501,2551,3872,0132,3282,9593,6233,763
Expenses
6707066857509641,1891,2031,3351,9182,2362,8373,4703,602
Operating Profit
28353451636153529592122152161
Other Income
1222344278161819
Interest
13151411142523202126395259
Depreciation
5778101517161616182025
Profit before tax
11151433422416186557819896
Net Profit
710922271614144943607268
EPS in Rs
0.791.121.062.493.011.811.621.545.534.886.818.147.58
Dividend Payout %
24%22%18%13%10%17%8%16%23%26%18%15%–

Compounded Sales Growth

10 Years:17%
5 Years:24%
3 Years:22%
TTM:31%

Compounded Profit Growth

10 Years:22%
5 Years:37%
3 Years:13%
TTM:25%

Stock Price CAGR

10 Years:42%
5 Years:71%
3 Years:53%
1 Year:8%

Return on Equity

10 Years:14%
5 Years:15%
3 Years:15%
Last Year:15%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
11111111111111111122222223
Reserves
485563114155172166186254282412468491
Borrowings
111112116148218268239309204192225286600
Other Liabilities
3632206676835070155223271494541
Total Liabilities
2072102103384605344675776247199301,2691,656
Fixed Assets
46465072114141140130118109191365386
Gross Block
80.7886.5194.9380.01132.42174.21189.88196.06199.59205.31301.45494.11–
Accumulated Depreciation
34.7940.6044.558.3218.1733.1550.0865.7281.5196.55110.29128.73–
CWIP
002051002027114130
Investments
33341765737497796645759
Other Assets
1581611552252653352913974275146487341,081
Total Assets
2072102103384605344675776247199301,2691,656

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
132225212-364-3715268142225
Cash from Investing Activity
-5-7-11-31-64-15-16-11-11-13-6-246
Cash from Financing Activity
-10-15-14215222-5549-135-52-110-17
Net Cash Flow
-10-011-104-616327-38

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
645758677060556852483937
Inventory Days
5811211328263319252524
Days Payable
138321141571225323345
Cash Conversion Cycle
575766676873738946413216
Working Capital Days
911131481115252724238
ROCE %
14%17%15%19%17%12%9%8%18%17%20%21%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters
73.04%73.04%73.04%73.04%73.04%73.04%73.04%73.04%72.98%72.98%72.98%68.84%68.54%
FIIs
0.59%0.57%0.57%0.15%0.07%0.03%0.20%0.48%0.31%0.17%0.17%0.11%0.10%
DIIs
0.00%0.00%0.00%0.00%0.01%0.00%0.00%0.00%0.00%0.24%0.35%0.33%0.42%
Public
26.35%26.38%26.40%26.80%26.89%26.92%26.75%26.48%26.72%26.63%26.51%30.73%30.94%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

SEBI's Special Window for Physical Share Transfers Prompts Announcements from Voith Paper Fabrics India, Ester Industries, and Others

8th April 2026, 10:31 pm

Ram Ratna Wires Furnishes SEBI Compliance Certificate for Quarter Ended March 31, 2026

4th April 2026, 4:31 pm

Ram Ratna Wires Board Approves CAPEX for Capacity Expansion at Silvassa

28th March 2026, 11:03 pm

Ram Ratna Wires to Close Trading Window from April 1 for FY26 Results

25th March 2026, 5:35 pm

Ram Ratna Wires Highlights Strong Financial Growth and Strategic Expansion in Investor Presentation

23rd March 2026, 4:06 pm

Published by Other Websites

External media mentions & references

Corporate India Buzz: Orders, Investments, And Expansion Drive Market Action

30th March 2026, 7:48 am

Ram Ratna Wires Q3 Beat: Valuation Premium Sparks Scrutiny

6th February 2026, 9:10 pm

Nuvama Wealth, DCM Shriram & 2 More: Stocks to Watch as Ex-Dates Trigger Major Corporate Actions!

24th December 2025, 8:41 am

Stock Market Alert! 5 Indian Companies Announce Major Corporate Actions: Bonus, Buybacks, Splits & Demergers Incoming!

22nd December 2025, 4:16 am

Mega Corporate Actions Next Week: Rs 2.5 Dividend, Splits, Rights & More – Key Dates You CANNOT Miss!

20th December 2025, 8:40 am

News Articles

Editorial & research coverage

Ram Ratna Wires Q3 Beat: Valuation Premium Sparks Scrutiny
Ram Ratna Wires Q3 Beat: Valuation Premium Sparks Scrutiny

6th February 2026, 9:10 pm

Nuvama Wealth, DCM Shriram & 2 More: Stocks to Watch as Ex-Dates Trigger Major Corporate Actions!
Nuvama Wealth, DCM Shriram & 2 More: Stocks to Watch as Ex-Dates Trigger Major Corporate Actions!

24th December 2025, 8:41 am

Stock Market Alert! 5 Indian Companies Announce Major Corporate Actions: Bonus, Buybacks, Splits & Demergers Incoming!
Stock Market Alert! 5 Indian Companies Announce Major Corporate Actions: Bonus, Buybacks, Splits & Demergers Incoming!

22nd December 2025, 4:16 am

Ram Ratna Wires Posts Strong Standalone Growth, Consolidated PAT Dips
Ram Ratna Wires Posts Strong Standalone Growth, Consolidated PAT Dips
Ram Ratna Wires Posts Strong Q3 Growth, But 9-Month Profit Dips
Ram Ratna Wires Posts Strong Q3 Growth, But 9-Month Profit Dips

Documents

Announcements

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

6 Jan - Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quater ended on December 31, 2025.

Announcement under Regulation 30 (LODR)-Allotment

29 Dec - Allotted 46,674,536 bonus shares (1:1) on Dec 29, 2025; paid-up capital ₹46,67,45,360.

Closure of Trading Window
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

18 Dec - Read with Para A of Part A of Schedule III of the SEBI (LODR) Regulations, 2015, we wish to inform you that the officials of …

Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association

18 Dec - Bonus equity shares approved; authorised capital increased to Rs50 crore; resolutions passed December 18, 2025.

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

(from bse)

Financial Year 2017

(from bse)

Financial Year 2016

(from bse)

Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from bse)

Financial Year 2012

(from bse)

Financial Year 2011

(from bse)

Credit Ratings

Rating update

30 Sep 2025 from care

Rating update

9 Jul 2024 from care

Rating update

8 Feb 2024 from fitch

Rating update

12 Jul 2023 from crisil

Rating update

26 Jun 2023 from crisil

Rating update

9 Nov 2022 from fitch

Concalls

Nov 2025

PPT

Aug 2025

PPT

May 2025

PPT

Jan 2025

PPT

Oct 2024

PPT

Aug 2024

PPT

May 2024

PPT

Feb 2024

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Nov 2023

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Aug 2023

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May 2023

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Feb 2023

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Nov 2022

PPT

Stock Analysis

Description

  1. Ram Ratna Wires Limited is engaged in the manufacturing of winding wires, primarily enamelled copper wires. The company holds a significant market position as the second-largest manufacturer of winding wire in South Asia and is the sole producer of enamelled copper wires in India offering the widest range of sizes.

Key Growth Triggers

  1. Strategic diversification into Bulk Molding Compound (BMC) with a ₹15 crore investment.
  2. Greenfield copper tube expansion with 24,000 MTPA capacity commencing commercial production.
  3. Anticipated contributions from wind tower fabrication and BLDC motor segments.
  4. Approval for Bhiwadi plant under RIPS-2024 offering fiscal benefits and incentives.
  5. Recent robust Q2 FY26 results showing significant YoY growth in revenue, EBITDA, and PAT.

Order Book

  1. Currently no data available for Order Book.

Key Red Flags

  1. Promoter holding has decreased over the last 3 years.

Key Dates To Watch

  1. December 18, 2025: Postal ballot results declared (approving bonus shares, capital increase).
  2. December 29, 2025: Allotment of bonus equity shares.

Corporate Announcements

8th Apr 26
Impact Rating: -
No description available.
4th Apr 26
Impact Rating: 2
The company, Ram Ratna Wires, has submitted its quarterly compliance certificate for the period ending March 31, 2026, to the stock exchanges, as mandated by SEBI. This confirms adherence to depository and participant regulations.
28th Mar 26
Impact Rating: 7
Ram Ratna Wires' board approved a CAPEX of Rs. 86 Crs. for capacity expansion and process enhancement at its Silvassa manufacturing units, aiming to add 3,600 MT/Annum.
25th Mar 26
Impact Rating: 6
Ram Ratna Wires is implementing a trading window closure from April 1, 2026, up to 48 hours after its audited financial results for the fiscal year ending March 31, 2026, are released.
23rd Mar 26
Impact Rating: 9
Ram Ratna Wires reveals strong financial growth with 9M FY26 revenue up 25.9% and EBITDA rising 53.6%. Strategic investments in capacity and product diversification are also highlighted.