The shares of the Steel company, specializing in the manufacture and sale of a diverse range of stainless steel products, jumped upto 13 percent upon declaring Q4 results with a 91 percent rise in Profit (YoY).
With a market capitalization of Rs. 825.18 crores on Thursday, the shares of Ratnaveer Precision Engineering Ltd jumped upto 12.6 percent, making a high of Rs. 160.00 per share compared to its previous closing price of Rs. 142.00 per share.
Ratnaveer Precision Engineering Ltd, engaged in the manufacture and sale of a diverse range of stainless steel products, has announced its Q4 results as follows. Its Revenue from operations rose by 43 percent YoY from Rs. 142 Crores in Q4FY24 to Rs. 203 Crores in Q4FY25, and it declined by 20 percent QoQ from Rs. 255 Crores in Q3FY25 to Rs. 203 Crores in Q4FY25.
Its Net Profit YoY rose by 91 percent from Rs. 5.61 Crores in Q4FY24 to Rs. 10.7 Crores in Q4FY25, and it declined by 5.3 percent QoQ from a profit of Rs. 11.3 Crores in Q3FY25 to Rs. 10.7 Crores in Q4FY25. The earnings per share (EPS) for the quarter stood at Rs. 2.13, compared to Rs. 2.24 in the previous quarter.
The company has a P/E ratio of 18.07, which is lower than the industry average of 21.51, indicating reasonable valuation. It maintains a low debt-to-equity ratio of 0.30 and has delivered a solid average ROE of 15.48 percent over the last three years, reflecting strong financial performance.
Segment Revenue & Others
In the latest quarter, the company reported domestic revenue of Rs. 191.6 crores, down from Rs. 241.9 crores in the previous quarter. Revenue from outside India was Rs. 11.4 crores, compared to Rs. 12.5 crores in the previous quarter.
Ratnaveer Precision Engineering Ltd, incorporated in 2002 and based in Vadodara, is a leading manufacturer and exporter of stainless steel products such as finished sheets, washers, solar roofing hooks, pipes, and tubes. The company serves diverse industries including automotive, solar power, wind energy, oil & gas, pharmaceuticals, and construction.
The company’s main product range includes stainless steel washers, solar mounting hooks, finished sheets, and industrial welded pipes and tubes, all produced to international standards. Ratnaveer operates four manufacturing units in Gujarat-two in Savli, Vadodara, for washers, solar hooks, and pipes, one in Waghodia for melting steel scrap, and one in Vatva, Ahmedabad, for rolling steel into sheets.
Written by Sridhar J
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