Ram Ratna Wires Limited Delivers Robust Q1 FY27 Performance with Consolidated Revenue Surging 88.6% Year-Over-Year

Ram Ratna Wires Limited, headquartered in Mumbai, has reported its unaudited consolidated and standalone financial results for the first quarter ended June 30, 2026. The company registered substantial top-line acceleration, driven primarily by strong demand across its core product portfolios and rapid scaling in its copper tubes and pipes segment.

Consolidated Operational and Financial Performance

For Q1 FY27, Ram Ratna Wires posted total consolidated revenue from operations of ₹1,85,328.10 lakhs, reflecting an impressive 88.63% expansion compared to ₹98,246.90 lakhs recorded in the corresponding quarter of the previous year (Q1 FY26). Sequentially, revenue from operations grew by 5.73% over ₹1,75,285.14 lakhs reported in Q4 FY26.

Adding other income of ₹234.12 lakhs, total consolidated revenue reached ₹1,85,562.22 lakhs for the quarter, up from ₹98,614.20 lakhs in Q1 FY26 and ₹1,75,887.47 lakhs in Q4 FY26.

Expense Breakdown

Total consolidated expenses for the quarter stood at ₹1,80,811.21 lakhs, compared to ₹96,396.60 lakhs in Q1 FY26 and ₹1,70,011.02 lakhs in Q4 FY26. Key cost factors included:

Cost of Materials Consumed: ₹1,68,598.11 lakhs (vs. ₹89,083.00 lakhs in Q1 FY26).

Employee Benefits Expense: ₹2,677.07 lakhs (vs. ₹2,014.34 lakhs in Q1 FY26).

Finance Costs: ₹3,164.81 lakhs (vs. ₹1,611.70 lakhs in Q1 FY26).

Depreciation & Amortisation: ₹1,276.52 lakhs (vs. ₹825.04 lakhs in Q1 FY26).

Other Expenses: ₹4,841.81 lakhs (vs. ₹3,324.07 lakhs in Q1 FY26).

Consolidated Earnings & Profitability

Consolidated profit before tax (PBT) before share of loss/profit from joint ventures reached ₹4,751.01 lakhs. After accounting for a share of loss from joint ventures amounting to ₹141.53 lakhs, consolidated profit before tax settled at ₹4,609.48 lakhs, more than doubling (+105.81%) from ₹2,239.66 lakhs in Q1 FY26.

Total tax expenses for the period came in at ₹1,093.13 lakhs (comprising ₹1,020.92 lakhs in current tax and ₹72.21 lakhs in deferred tax). Consolidated net profit for Q1 FY27 stood at ₹3,516.35 lakhs, representing a 120.84% jump from ₹1,592.24 lakhs achieved in Q1 FY26. Total comprehensive income attributable to owners of the company for the quarter reached ₹3,500.76 lakhs, with basic and diluted earnings per share (EPS) standing at ₹3.77 per share (face value ₹5/- per share).

Segment-Wise Performance (Consolidated)

Winding Wires and Strips: Recorded segment revenue of ₹1,35,689.67 lakhs for Q1 FY27, up 64.09% YoY from ₹82,691.80 lakhs in Q1 FY26. Segment profit before tax and interest rose to ₹5,842.64 lakhs from ₹3,486.53 lakhs in Q1 FY26.

Copper Tubes and Pipes: Demonstrated remarkable growth with segment revenue reaching ₹48,997.75 lakhs, marking a 256.64% surge from ₹13,738.65 lakhs in Q1 FY26. Segment results expanded over four-fold to ₹2,299.42 lakhs compared to ₹523.36 lakhs in the prior-year period.

Other Segment: Contributed ₹2,129.01 lakhs in revenue and ₹121.43 lakhs in segment results.

After adjusting for inter-segment transfers of ₹1,488.33 lakhs, finance costs of ₹3,164.81 lakhs, and unallocable expenditure of ₹489.20 lakhs, consolidated profit before tax closed at ₹4,609.48 lakhs.

Standalone Financial Results

On a standalone basis, Ram Ratna Wires reported operational revenue of ₹1,83,199.09 lakhs for Q1 FY27, up 90.75% YoY from ₹96,040.08 lakhs in Q1 FY26 and 6.21% higher sequentially against ₹1,72,479.99 lakhs in Q4 FY26. Total standalone income reached ₹1,83,427.33 lakhs.

Standalone Expenditure & Net Earnings

Standalone total expenses stood at ₹1,78,663.35 lakhs, led by raw material costs of ₹1,68,598.11 lakhs (cost of materials consumed: ₹1,67,604.27 lakhs), employee costs of ₹2,483.92 lakhs, finance costs of ₹3,035.99 lakhs, and other expenses of ₹4,379.95 lakhs.

Profit Before Tax (PBT): Climbed to ₹4,763.98 lakhs in Q1 FY27, compared to ₹2,066.76 lakhs in Q1 FY26 and ₹5,772.22 lakhs in Q4 FY26.

Net Profit After Tax: Stood at ₹3,671.62 lakhs, reflecting a 152.56% surge over ₹1,453.79 lakhs in Q1 FY26.

Total Comprehensive Income: Arrived at ₹3,650.04 lakhs compared to ₹1,411.34 lakhs in Q1 FY26.

Earnings Per Share: Basic and diluted EPS stood at ₹3.93 per share for the quarter.

Assets and Capital Employed

As of June 30, 2026, total consolidated assets expanded to ₹2,11,761.73 lakhs compared to ₹1,73,736.04 lakhs as of March 31, 2026. Consolidated capital employed reached ₹62,012.79 lakhs, comprising ₹31,134.66 lakhs in Winding Wires and Strips, ₹28,783.83 lakhs in Copper Tubes and Pipes, and ₹4,206.74 lakhs in Other segments.

On a standalone basis, total assets expanded to ₹2,05,452.49 lakhs, with total capital employed standing at ₹62,494.38 lakhs. Paid-up equity share capital remained constant at ₹4,667.45 lakhs (face value ₹5/- per share).

Shares of RAM RATNA WIRES LTD. was last trading in BSE at Rs. 448.40 as compared to the previous close of Rs. 458.00. The total number of shares traded during the day was 30288 in over 839 trades.

The stock hit an intraday high of Rs. 468.70 and intraday low of 426.00. The net turnover during the day was Rs. 13573957.00.

Source : Equity Bulls

Keywords

RAMRATNAWIRES INE207E01023 Q1FY27 Q1FY2027 ResultUpdate