Whalesbook
Strong Q4 Profit Despite Market Sell-off
Ratnaveer Precision Engineering announced strong financial results for the fourth quarter and full fiscal year 2026, even as broader Indian equity markets saw sharp declines. The company's net profit after tax jumped 59% year-on-year to ₹17.03 crore in Q4FY26. This growth was driven by a 22.6% increase in revenue from operations, reaching ₹248.96 crore compared to ₹203.11 crore in the same quarter last year.
Full Year FY26 Performance
For the full fiscal year ended March 31, 2026, Ratnaveer Precision Engineering showed strong growth. Consolidated revenue from operations climbed 19.8% to ₹1,068.74 crore, up from ₹891.88 crore in FY25. Net profit after tax grew 37.4% year-on-year to ₹64.31 crore, compared to ₹46.82 crore in the previous financial year. Earnings per share for FY26 reached ₹11.11, an improvement from ₹9.31 in FY25.
Share Allotment and Domestic Growth
The company also approved the allotment of 34.31 lakh equity shares upon conversion of warrants to promoter category investors at ₹159.25 per share, raising 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 growing presence in India.
Shares Fall Despite Strong Results
Despite these strong results, Ratnaveer Precision Engineering shares fell 5.96% on Tuesday, closing at ₹167.32. This dip occurred as broader market sentiment weakened, with the Nifty 50 index falling 1.83%.