Ratnaveer Precision Engineering delivered robust financial performance in the June 2026 quarter, with consolidated net profit rising 22.01% to ₹18.24 crore compared to ₹14.95 crore in the corresponding quarter of the previous year. According to reports from Business Standard, this significant profit growth demonstrates the company's operational efficiency and market positioning during the quarter. The strong financial performance has been well-received by investors, with shares surging over 14% in intraday trade on Monday, July 27, touching a fresh 52-week high of ₹204 before settling at ₹200 apiece on the NSE, reflecting growing investor confidence in its strong financial performance and strategic expansion initiatives.
The company's sales revenue increased 20% to ₹318 crore in Q1 FY2026, up from ₹265 crore in the same period last year. As reported by Live Mint, this revenue growth indicates strong demand for the company's precision engineering products and services in the current market environment. The revenue figure represents a slight increase from the previously reported ₹314.64 crore, showing consistent growth momentum and demonstrating the company's ability to capitalize on market opportunities effectively.
Operating profit margin (OPM) remained stable at 10.23% in the June 2026 quarter, compared to 10.21% in the corresponding quarter of the previous year. According to the company's financial data, PBDT (Profit Before Depreciation and Tax) grew 22% to ₹29.25 crore from ₹23.90 crore year-on-year, while PBT (Profit Before Tax) increased 22% to ₹21.88 crore from ₹17.95 crore in Q1 FY2025. The company's profit after tax (PAT) stood at ₹18 crore, up 21% from ₹15 crore in Q1 FY26, demonstrating continued operational strength and sustained demand across its product portfolio.
In a significant development, Ratnaveer Precision Engineering announced its expansion into electronics-grade materials through its ECMS-approved Copper Clad Laminate (CCL) project. As reported by Live Mint, the company's Copper Clad Laminate (CCL) project has reached approximately 60% completion, with commercial production remaining on track for November 2026. The company has received in-principle approval under the Gujarat Electronics Policy for the proposed ₹472.34 crore Copper Clad Laminate project. The company plans to invest ₹338 crore over three years under the Electronics Components Manufacturing Scheme (ECMS), approved on March 30, 2026. The project is strategically aligned with the Production Linked Incentive (PLI) scheme, the Make in India initiative, Atmanirbhar Bharat, and the India Semiconductor Mission.
Reflecting its improving financial profile and execution capabilities, Infomerics Valuation and Rating Ltd. (IVR) upgraded the company's long-term credit rating to IVR A-/Stable from IVR BBB+/Positive, while the short-term credit rating was upgraded to IVR A2+. According to Live Mint, the total rated bank facilities were enhanced to ₹388.47 crore from ₹295.76 crore. During the quarter, Ratnaveer also received in-principle approvals from the NSE and BSE for its proposed rights issue of up to ₹330 crore, which will support the company's future expansion plans and strategic growth initiatives. The company was also honoured with the Star Performer – Large Enterprise Award at the 42nd EEPC India Export Awards, recognising its outstanding contribution to engineering exports and reinforcing its leadership in the engineering sector.
