| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 1,962 | 1,163 | +68.6% |
| EBITDA | 89.5 | 55.5 | +61.3% |
| EBITDA margin | 4.6% | 4.8% | −0.2 pts |
| Profit before tax | 53.7 | 32.0 | +67.6% |
| Net profit | 35.7 | 21.8 | +63.7% |
| EPS | ₹3.75 | ₹4.57 | −17.9% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 |
|---|
| 5,184 | — | — | — | — | |
| 35.0 | 8.1 | 1.7 | 39.3 | 13.6 | |
| 6.1 | 5.4 | 4.4 | 21.7 | 14.2 | |
| 654 | 654 | 296 | 228 | 266 | |
| 5,809 | — | — | — | — | |
| 6,846 | 5,177 | 3,677 | 2,983 | 2,650 | |
| — | +40.8% | +23.2% | +12.6% | — | |
| 344 | 264 | 156 | 119 | 109 | |
| 5.0% | 5.1% | 4.3% | 4.0% | 4.1% | |
| 297 | 226 | 134 | 99.3 | 90.3 | |
| 142 | 109 | 70.2 | 54.6 | 47.0 | |
| 2.1% | 2.1% | 1.9% | 1.8% | 1.8% | |
| ₹15.06 | ₹11.47 | ₹7.51 | ₹5.60 | ₹4.81 | |
| — | +52.6% | +34.2% | +16.4% | — | |
| — | −93.0 | 227 | 138 | 64.7 | |
| — | −171 | −243 | −116 | −25.4 | |
| −264 | −264 | −15.6 | 22.8 | 39.3 | |
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 5,183.7 | |
| - Cash, Equiv & ST Investments | 13.6 | 39.3 | 1.7 | 8.1 | 35.0 | |
| + Minority Interest | 14.2 | 21.7 | 4.4 | 5.4 | 6.1 | |
| + Total Debt | 265.9 | 227.6 | 296.2 | 654.1 | 654.1 | |
| Enterprise Value | — | — | — | — | 5,808.8 | |
| Revenue | 2,649.6 | 2,983.2 | 3,676.7 | 5,176.6 | 6,846.0 | |
| Growth %, YoY | — | +12.6 | +23.2 | +40.8 | — | |
| EBITDA | 108.7 | 119.0 | 156.3 | 263.6 | 344.3 | |
| Margin % | 4.10 | 3.99 | 4.25 | 5.09 | 5.03 | |
| EBIT | 90.3 | 99.3 | 134.2 | 225.7 | 297.1 | |
| Net Income | 47.0 | 54.6 | 70.2 | 108.6 | 141.7 | |
| Margin % | 1.77 | 1.83 | 1.91 | 2.10 | 2.07 | |
| EPS, Adj (current shares) | 4.81 | 5.60 | 7.51 | 11.47 | 15.06 | |
| Growth %, YoY | — | +16.4 | +34.2 | +52.6 | — | |
| Cash from Operations | 64.7 | 138.4 | 227.3 | -93.0 | — | |
| Capital Expenditures | -25.4 | -115.6 | -243.0 | -171.1 | — | |
| Free Cash Flow | 39.3 | 22.8 | -15.6 | -264.1 | -264.1 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Ram Ratna Wires (NSE: RAMRAT) had a market capitalisation of ₹4,734 crore at the 30 October 2026 close (₹507.10 a share), a PE ratio of 33.7 on the last four quarters' profit and a price-to-book ratio of 7.54. In FY26 its consolidated net profit attributable to shareholders was ₹107 crore on revenue of ₹5,177 crore; in Q2 FY27 (July–September 2026) it was ₹35 crore, up 64.5% year on year. Its debt-to-equity ratio was 1.19 on 30 September 2026. Promoters held 67.92% of the shares on 30 September 2026.
Ram Ratna Wires' PE ratio is 33.7 at the 30 October 2026 close (₹507.10 a share): a market capitalisation of ₹4,734 crore divided by consolidated net profit attributable to shareholders of ₹141 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit attributable to shareholders (₹107 crore) it is 44.2.
Ram Ratna Wires' price-to-book (PB) ratio is 7.54 at the 30 October 2026 close: a market capitalisation of ₹4,734 crore divided by shareholders' equity (book value) of ₹627 crore on 30 September 2026. That is a book value of ₹67.21 per share against a share price of ₹507.10.
Ram Ratna Wires' debt-to-equity ratio was 1.19 on 30 September 2026: borrowings of ₹752 crore against total equity of ₹633 crore. A year earlier, on 30 September 2025, it was 1.22.
Ram Ratna Wires' market capitalisation was ₹4,734 crore at the 30 October 2026 close: 9.33 crore shares at ₹507.10 each.
No. Ram Ratna Wires had borrowings of ₹752 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 1.19. Its cash and current investments were ₹41.4 crore, so its net debt was ₹711 crore.
In 2026, Ram Ratna Wires has declared one dividend: ₹2.50 with record date 22 July 2026.
Ram Ratna Wires' net worth — shareholders' equity in its consolidated balance sheet — was ₹627 crore on 30 September 2026, up 23.7% from ₹507 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹4,734 crore at the 30 October 2026 close.
Ram Ratna Wires' book value per share was ₹67.21 on 30 September 2026: shareholders' equity of ₹627 crore divided by the 9.33 crore shares in issue. The share price at the 30 October 2026 close was ₹507.10.
Promoters held 67.92% of Ram Ratna Wires on 30 September 2026, down 1.38 percentage points from 69.30% the previous quarter and down 0.92 percentage points from 68.84% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Ram Ratna Wires' return on equity (ROE) was 20.1% and its return on capital employed (ROCE) was 28.1%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 15.7% and ROCE 21.4%.
On 30 September 2026, Ram Ratna Wires' shares were held by promoters 67.92%, foreign portfolio investors (FII/FPI) 0.94%, domestic institutions (DII) 0.50% (including mutual funds at 0.07%) and retail and other non-institutional investors 30.63%. Over the year, FII holding was up 0.84 percentage points from 0.10% and DII holding was up 0.17 percentage points from 0.33%.
Ram Ratna Wires' latest results are for Q2 FY27 (July–September 2026): consolidated net profit attributable to shareholders ₹35 crore, up 64.5% from ₹21.3 crore in Q2 FY26; revenue from operations ₹1,962 crore, up 68.6% year on year.
Ram Ratna Wires' basic earnings per share (EPS) were ₹11.48 in FY26.
In FY26, Ram Ratna Wires generated ₹93 crore of cash from operations and spent ₹171 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹264 crore. In FY25 it was −₹15.6 crore.
Ram Ratna Wires has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
In FY26 (April 2025–March 2026), Ram Ratna Wires' consolidated net profit attributable to shareholders was ₹107 crore, up 52.6% from ₹70.2 crore in FY25, on revenue from operations of ₹5,177 crore (up 40.8%). Over three years, from FY23, net profit was up 138.5%.
On FY26 consolidated figures, against Ravindra Energy, Genus Power Infrastructures and Rishabh Instruments: Ram Ratna Wires' operating margin of 4.4% is the lowest of the four (Ravindra Energy 17.7%, Genus Power Infrastructures 18.1%, Rishabh Instruments 11.7%; peer average 15.8%); its return on equity of 20.1% is the second highest of the four (Ravindra Energy 19.0%, Genus Power Infrastructures 29.0%, Rishabh Instruments 12.0%; peer average 20.0%).
At the 30 October 2026 closing prices, on FY26 net profit attributable to shareholders, Ram Ratna Wires' PE ratio is 44.2, the highest of the four: Ravindra Energy 37.4, Genus Power Infrastructures 12.8 and Rishabh Instruments 29.6, a peer average of 26.6. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Ram Ratna Wires earned net profit attributable to shareholders of ₹107 crore on revenue of ₹5,177 crore, against ₹71.4 crore on ₹564 crore for Ravindra Energy. Ram Ratna Wires' operating margin was 4.4% (Ravindra Energy 17.7%) and its return on equity 20.1% (Ravindra Energy 19.0%). At the 30 October 2026 close, Ram Ratna Wires' market capitalisation was ₹4,734 crore against ₹2,674 crore for Ravindra Energy, and its PE ratio on FY26 profit 44.2 against 37.4.
From Ram Ratna Wires' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.