Ratnaveer Precision Engineering Reports Strong Q1 Performance as Net Profit Rises to ₹182.37 Lakhs

Ratnaveer Precision Engineering Limited (CIN: L27108GJ2002PLC040488) has announced its consolidated audited financial results for the quarter ended June 30, 2026. The Vadodara-headquartered engineering firm demonstrated healthy growth across key financial metrics, driven by strong demand in its domestic business segment.

Operational Revenue and Top-Line Performance

The company reported a noticeable expansion in its operational footprint for the first quarter:

Revenue from Operations: Stood at ₹3,146.35 lakhs for the quarter ended June 30, 2026, marking an increase from ₹2,646.23 lakhs reported in the corresponding quarter of the previous year (June 30, 2025) and ₹2,489.60 lakhs recorded in the preceding quarter (March 31, 2026).

Other Income: Contributed ₹37.91 lakhs, bringing total income from continuing operations to ₹3,184.26 lakhs for the quarter (compared to ₹2,649.06 lakhs in June 2025 and ₹2,562.91 lakhs in March 2026).

Profitability Trends and Tax Breakdown

Ratnaveer Precision Engineering achieved growth in both pre-tax and net profitability for the period:

Profit Before Tax (PBT): Advanced to ₹218.76 lakhs, compared to ₹179.50 lakhs in the same quarter last year and ₹207.45 lakhs in the previous quarter.

Tax Expenses: Total tax expenses for the quarter came in at ₹36.39 lakhs, comprising ₹11.01 lakhs in current tax and ₹25.38 lakhs in deferred tax.

Net Profit After Tax (PAT): Net profit from continuing operations reached ₹182.37 lakhs, up from ₹149.48 lakhs reported in the quarter ended June 30, 2025, and ₹170.33 lakhs recorded in the quarter ended March 31, 2026.

Total Comprehensive Income: Stood at ₹182.36 lakhs (reflecting a slight other comprehensive income adjustment of ₹(0.01) lakhs).

Earnings Per Share (EPS): Basic and diluted EPS for continuing operations increased significantly to ₹10.36 per equity share (face value ₹10 each), compared to ₹2.97 in the corresponding quarter of the previous year and ₹2.94 in the preceding quarter.

Expenditure and Cost Structure Analysis

Total expenses for the quarter totaled ₹2,965.50 lakhs, up from ₹2,489.56 lakhs in the quarter ended June 30, 2025. Key expense line items include:

Cost of Materials Consumed: Stood at ₹2,691.49 lakhs (versus ₹2,306.47 lakhs in June 2025).

Changes in Inventories: Finished goods and work-in-progress adjustments accounted for ₹(57.79) lakhs.

Employee Benefits Expense: Recorded at ₹35.03 lakhs (versus ₹28.33 lakhs in June 2025).

Finance Costs: Stood at ₹67.22 lakhs (versus ₹34.11 lakhs in June 2025).

Depreciation and Amortization: Amounted to ₹73.77 lakhs (versus ₹59.47 lakhs in June 2025).

Other Expenses: Totaled ₹185.72 lakhs (versus ₹91.41 lakhs in June 2025).

Segment-Wise Operations & Geographic Distribution

The company's performance was predominantly driven by its domestic market segment:

Domestic Operations

Domestic Revenue: Generated ₹3,046.80 lakhs during the quarter, compared to ₹2,488.84 lakhs in June 2025 and ₹2,391.00 lakhs in March 2026.

Domestic Segment Profit (PBIT): Recorded at ₹285.98 lakhs, up from ₹213.61 lakhs in June 2025.

Domestic Segment Assets: Stood at ₹13,178.17 lakhs as of June 30, 2026.

Domestic Segment Liabilities: Stood at ₹5,922.55 lakhs.

Overseas Operations (Outside India)

Overseas Revenue: Recorded at ₹99.55 lakhs, compared to ₹157.39 lakhs in June 2025 and ₹98.60 lakhs in March 2026.

Overseas Segment Assets: Stood at ₹33.16 lakhs.

Overseas Segment Liabilities: Stood at ₹4.69 lakhs.

Balance Sheet Base and Full-Year Benchmarks

Paid-Up Equity Share Capital: Stood at ₹716.22 lakhs (face value ₹10 per share) as of June 30, 2026, up from ₹532.44 lakhs in June 2025.

Other Equity: Reported at ₹6,567.97 lakhs (excluding revaluation reserve).

Total Assets & Liabilities: Total consolidated assets stood at ₹13,211.33 lakhs, matched by total consolidated liabilities of ₹5,927.25 lakhs.

Full-Year FY26 Historical Baseline: For the full financial year ended March 31, 2026, the company had posted:

Total Revenue: ₹10,784.10 lakhs

Total Expenses: ₹10,024.31 lakhs

Profit Before Tax: ₹759.79 lakhs

Net Profit After Tax: ₹643.05 lakhs

Full-Year EPS: ₹11.11

Shares of Ratnaveer Precision Engineering Limited was last trading in BSE at Rs. 178.00 as compared to the previous close of Rs. 174.95. The total number of shares traded during the day was 78828 in over 850 trades.

The stock hit an intraday high of Rs. 183.20 and intraday low of 173.15. The net turnover during the day was Rs. 14183038.00.

Source : Equity Bulls

Keywords

RatnaveerPrecisionEngineering INE05CZ01011 IronandSteel Q1FY27 Q1FY2027 ResultUpdate