Ram Ratna Wires Q2 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹4,872 Cr
- P/E
- 34.03
- ROE
- 20.61%
- PEG
- 0.96
- Price to sales
- 0.71
- Debt to equity
- 1.21
- 52W high / low
- ₹646 / ₹278
- Sales growth (5Y)
- 27.66%
- EBITDA margin
- 4.94%
- Net profit margin
- 2.15%
- Promoter holding
- 67.92%
- Sales (last year)
- ₹6,846 Cr
Potential multibaggers · Q2 FY27
Potential multibaggers in Electrical Equipment
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Electrical Equipment companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹66,283 Cr | 16.5 | |
| 2 | 40%+ | Up 2%+ | ₹464 Cr | 11.6 | |
| 3 | 40%+ | Up 0–2% | ₹12,066 Cr | 47.0 | |
| 4 | 40%+ | Up 0–2% | ₹500 Cr | 6.7 | |
| 5 | 40%+ | Flat | ₹20,621 Cr | 111.2 | |
| 6 | 40%+ | Flat | ₹15,855 Cr | 11.2 |
Sign up free to see every company in the sector ranking and track Ram Ratna Wires.
Pro shows every company guiding 40%+ revenue growth →Full Electrical Equipment rankingRam Ratna Wires announcements
All announcements →- Financial resultsMajor developmentRam Ratna Wires approves quarter ended 30 Sep 2026 results and Epavo stake acquisition
Financials of Ram Ratna Wires
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Shareholder Pattern
Ram Ratna Wires
Shareholding breakup across reporting periods.
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters + | 73.04% | 73.04% | 73.04% | 73.04% | 72.98% | 72.98% | 72.98% | 68.84% | 69.30% | 69.30% | 69.30% | 67.92% |
| FIIs + | 0.07% | 0.03% | 0.20% | 0.48% | 0.31% | 0.17% | 0.17% | 0.11% | 0.09% | 0.17% | 0.47% | 0.94% |
| DIIs + | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.24% | 0.35% | 0.33% | 0.42% | 0.44% | 0.62% | 0.50% |
| Public + | 26.89% | 26.92% | 26.75% | 26.48% | 26.72% | 26.63% | 26.51% | 30.73% | 30.21% | 30.09% | 29.62% | 30.64% |
| No. of Shareholders | 18,346 | 16,579 | 18,401 | 19,140 | 19,079 | 18,848 | 18,430 | 18,074 | 20,231 | 19,958 | 24,296 | 25,503 |
Financials of Ram Ratna Wires
Quarterly Results
Quarter-by-quarter operating performance
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 757 | 698 | 803 | 892 | 940 | 889 | 957 | 982 | 1,163 | 1,278 | 1,753 | 1,853 | 1,962 |
| Expenses + | 726 | 672 | 767 | 856 | 904 | 850 | 912 | 940 | 1,109 | 1,207 | 1,661 | 1,765 | 1,875 |
| Operating Profit | 32 | 26 | 37 | 36 | 36 | 38 | 45 | 43 | 54 | 71 | 92 | 88 | 87 |
| OPM % | 4.2% | 3.7% | 4.6% | 4.0% | 3.8% | 4.3% | 4.7% | 4.4% | 4.7% | 6% | 5% | 4.8% | 4.5% |
| Other Income + | 6 | 4 | 3 | 4 | 4 | 4 | 6 | 4 | 4 | 1 | 6 | 2 | 7 |
| Interest | 10 | 9 | 11 | 12 | 13 | 14 | 16 | 16 | 19 | 21 | 28 | 32 | 30 |
| Depreciation | 5 | 5 | 5 | 5 | 5 | 5 | 6 | 8 | 9 | 8 | 13 | 13 | 13 |
| Profit before tax | 23 | 16 | 23 | 23 | 22 | 23 | 30 | 22 | 31 | 42 | 57 | 46 | 52 |
| Tax % | 37% | 25% | 17% | 27% | 22% | 21% | 37% | 29% | 29% | 25% | 32% | 24% | 31% |
| Net Profit + | 14 | 12 | 19 | 16 | 17 | 18 | 19 | 16 | 22 | 32 | 39 | 35 | 36 |
| EPS in Rs | 1.56 | 1.31 | 2.00 | 1.89 | 1.91 | 1.87 | 2.04 | 1.75 | 2.28 | 3.35 | 4.18 | 3.77 | 3.75 |
Financials of Ram Ratna Wires
Profit & Loss
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 747 | 728 | 801 | 1,138 | 1,423 | 1,446 | 1,527 | 2,289 | 2,650 | 2,983 | 3,677 | 5,177 | 6,846 |
| Expenses + | 712 | 693 | 750 | 1,069 | 1,356 | 1,386 | 1,465 | 2,179 | 2,540 | 2,864 | 3,521 | 4,915 | 6,508 |
| Operating Profit | 35 | 35 | 51 | 69 | 67 | 60 | 62 | 110 | 109 | 120 | 156 | 261 | 338 |
| OPM % | 4.7% | 4.8% | 6% | 6% | 4.7% | 4.2% | 4.0% | 4.8% | 4.1% | 4.0% | 4.2% | 5% | 4.9% |
| Other Income + | 2 | 2 | 2 | 3 | 4 | 4 | 3 | 8 | 7 | 15 | 18 | 15 | 17 |
| Interest | 15 | 14 | 11 | 18 | 30 | 29 | 26 | 28 | 34 | 41 | 55 | 86 | 110 |
| Depreciation | 7 | 8 | 8 | 11 | 16 | 19 | 18 | 18 | 18 | 20 | 22 | 38 | 47 |
| Profit before tax | 15 | 15 | 34 | 43 | 25 | 17 | 21 | 73 | 64 | 75 | 97 | 153 | 197 |
| Tax % | 35% | 35% | 34% | 36% | 35% | 13% | 26% | 25% | 27% | 27% | 28% | 29% | |
| Net Profit + | 10 | 10 | 22 | 28 | 16 | 15 | 16 | 54 | 47 | 55 | 70 | 109 | 142 |
| EPS in Rs | 1.12 | 1.09 | 2.51 | 3.09 | 1.78 | 1.64 | 1.69 | 5.93 | 5.10 | 6.37 | 7.96 | 11.47 | 15.05 |
| Dividend Payout % | 22% | 17% | 12% | 10% | 18% | 8% | 15% | 21% | 24% | 20% | 16% | 22% |
Financials of Ram Ratna Wires
Balance Sheet
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 22 | 22 | 22 | 47 | 47 |
| Reserves | 56 | 63 | 114 | 156 | 173 | 168 | 189 | 260 | 290 | 404 | 461 | 533 | 581 |
| Borrowings + | 113 | 118 | 148 | 255 | 314 | 292 | 361 | 270 | 267 | 249 | 305 | 675 | 756 |
| Other Liabilities + | 34 | 21 | 66 | 103 | 111 | 70 | 85 | 174 | 251 | 277 | 512 | 739 | 983 |
| Total Liabilities | 213 | 213 | 339 | 525 | 609 | 541 | 646 | 715 | 829 | 952 | 1,300 | 1,994 | 2,367 |
| Fixed Assets + | 48 | 52 | 72 | 141 | 169 | 167 | 158 | 151 | 147 | 214 | 404 | 639 | 660 |
| CWIP | 0 | 2 | 0 | 6 | 1 | 1 | 3 | 7 | 4 | 29 | 113 | 34 | 47 |
| Investments | 0 | 0 | 41 | 66 | 48 | 27 | 37 | 66 | 80 | 43 | 19 | 16 | 13 |
| Other Assets + | 165 | 159 | 225 | 312 | 392 | 346 | 447 | 492 | 599 | 666 | 763 | 1,305 | 1,647 |
| Total Assets | 213 | 213 | 339 | 525 | 609 | 541 | 646 | 715 | 829 | 952 | 1,300 | 1,994 | 2,367 |
Financials of Ram Ratna Wires
Cash Flows
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 23 | 21 | 2 | -8 | 64 | -26 | 151 | 65 | 138 | 227 | -93 | |
| Cash from Investing Activity + | -11 | -31 | -64 | -16 | -17 | -14 | -19 | -20 | -6 | -268 | -151 | |
| Cash from Financing Activity + | -13 | 21 | 53 | 28 | -54 | 42 | -121 | -45 | -107 | 3 | 250 | |
| Net Cash Flow | -1 | 11 | -9 | 4 | -6 | 3 | 11 | -1 | 26 | -38 | 6 | |
| Free Cash Flow | 10 | -10 | -52 | -44 | 47 | -39 | 132 | 40 | 32 | -10 | -264 | |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 84% | 66% | 23% | 1% | 115% | -34% | 153% | 75% | 140% | 160% | -18% |
Financials of Ram Ratna Wires
Ratios
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 58 | 58 | 67 | 71 | 62 | 55 | 68 | 50 | 47 | 39 | 39 | 45 |
| Inventory Days | 9 | 11 | 21 | 16 | 29 | 29 | 36 | 22 | 29 | 27 | 26 | 38 |
| Days Payable | 9 | 3 | 21 | 20 | 18 | 9 | 12 | 21 | 29 | 33 | 47 | 51 |
| Cash Conversion Cycle | 57 | 66 | 67 | 68 | 73 | 75 | 92 | 51 | 46 | 33 | 18 | 33 |
| Working Capital Days | 11 | 13 | 14 | 10 | 13 | 17 | 28 | 27 | 26 | 23 | 9 | 10 |
| ROCE % | 16% | 19% | 17% | 12% | 9% | 9% | 18% | 17% | 17% | 20% | 24% |
Momentum score · price trend
91 out of 100 — Strengthening
Over the past year its share price has done better than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | +84.8% | 92% |
| Last 6 months | +47.0% | 89% |
| Last 3 months | +39.5% | 96% |
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Ram Ratna Wires: 0.4 × 92 + 0.4 × 89 + 0.2 × 96 = 91.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 16 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Ram Ratna Wires's management said in earlier quarters
Others in Electrical Equipment this season
- Transrail Light (Q2 FY27)
2,056 Cr, a 32% year-on-year (YoY) increase from Rs. Key investor presentation takeaways from Transrail Lighting Ltd's Q2 FY27 investor presentation — and how i
- Diamond Power Infrastructure Ltd (Q2 FY27)
Q2 FY27 revenue: ₹1,032 crore, up 135% YoY (Page 2) . Key investor presentation takeaways from Diamond Power Infrastructure Ltd's Q2 FY27 investor presentation
- Quality Power El (Q2 FY27)
294 Cr, up 34.1% YoY from Rs. Key investor presentation takeaways from Quality Power Electrical Equipments Ltd's Q2 FY27 investor presentation — and how it rank
- Neueon Corporation (Q2 FY27)
This represents a year-on-year increase of approximately 75.8% in Consolidated revenue from operations (724.71 vs. Key results statement takeaways from Neueon…
