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Strong Q4 Profit Amid Market Sell-off
Ratnaveer Precision Engineering posted strong fourth-quarter results for FY26, reporting a 59% year-on-year jump in net profit to ₹17.03 crore. This profit growth was supported by a 22.6% increase in revenue, which grew to ₹248.96 crore compared to the same period last year. The company achieved these gains even as Indian equity markets faced sharp declines.
Full-Year Results Show Solid Growth
For the full fiscal year ended March 31, 2026, Ratnaveer Precision Engineering delivered substantial growth. Consolidated revenue from operations climbed 19.8% to ₹1,068.74 crore, compared to ₹891.88 crore in FY25. Net profit after tax registered a significant 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 Growth
The company also moved to strengthen its capital base. During the quarter, it approved allotting 34.31 lakh equity shares from warrant conversions to promoters at ₹159.25 per share. This action increased its paid-up equity share capital to ₹71.42 crore. Ratnaveer Precision noted robust growth in its domestic business, with segment revenue rising to ₹1,013.27 crore in FY26 from ₹841.97 crore in FY25, indicating strong penetration within India.
Stock Slips Despite Strong Financials
However, Ratnaveer Precision Engineering's shares fell 5.96% on Tuesday, closing at ₹167.32. This decline happened as the broader market sentiment was weak, with the Nifty 50 index dropping 1.83%. The stock's dip could be due to a sequential decrease in revenue from Q3FY26 to Q4FY26, or investors pulling back amidst general market volatility.