Strong Q4 Profit Despite Market Sell-off
Ratnaveer Precision Engineering reported strong financial results for the fourth quarter and full fiscal year 2026, even as the broader Indian equity markets experienced sharp declines. The company's net profit after tax soared 59% year-on-year to ₹17.03 crore in Q4FY26. This was supported by a 22.6% increase in revenue from operations, which reached ₹248.96 crore, up from ₹203.11 crore in the same quarter last year.
Full-Year Financials Show Solid Growth
For the full fiscal year ended March 31, 2026, Ratnaveer Precision Engineering showed solid growth. Consolidated revenue from operations climbed 19.8% to ₹1,068.74 crore, compared to ₹891.88 crore in FY25. Net profit after tax saw 37.4% year-on-year growth, reaching ₹64.31 crore, up from ₹46.82 crore in the previous financial year. Earnings per share for FY26 stood at ₹11.11, an improvement from ₹9.31 in FY25.
Share Allotment and Domestic Business Gains
The company also improved its equity base during the quarter, approving the allotment of 34.31 lakh equity shares upon conversion of warrants to promoter category investors at ₹159.25 per share. This raised the paid-up equity share capital to ₹71.42 crore. Ratnaveer Precision Engineering highlighted strong domestic business growth, with its domestic segment revenue increasing to ₹1,013.27 crore in FY26 from ₹841.97 crore in FY25, showing its strong position in the Indian market.
Shares Fall Despite Strong Results
Despite these strong results, Ratnaveer Precision Engineering shares fell 5.96% on Tuesday, closing at ₹167.32. The drop happened amid broader market weakness, where the Nifty 50 index fell 1.83%. Investors may be looking at a sequential dip in revenue from Q3FY26 to Q4FY26, or simply exiting positions due to overall market volatility.
