Ratnaveer Precision Engineering Ltd. (RATNAVEER) AI Stock Analysis

• Market Cap: ₹9.56B
• Dividend Yield: N/A
• Average Volume (3M): 32.43K
• Price to Earnings (P/E): 14.7
• Beta (1Y): 1.54
• Revenue Growth: 31.03%
• EPS Growth: 22.28%
• Country: IN
• Employees: 137
• Sector: Industrials
• Sector Strength: 72
• Industry: Steel
• EPS (TTM): 2.91
• Shares Outstanding: 65,842,490
• 10 Day Avg. Volume: 14,152
• 30 Day Avg. Volume: 32,434
• PEG Ratio: 0.68
• Price to Book (P/B): 1.91
• Price to Sales (P/S): 0.79
• P/FCF Ratio: -16.44
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 70 Outperform
• Price Target: ₹166.00 ▲(8.43% Upside)

Ratnaveer Precision Engineering Ltd. demonstrates strong financial performance with robust revenue growth and improved profitability, although cash flow challenges remain a concern. Technical indicators suggest a neutral market sentiment, while the valuation appears reasonable. The absence of earnings call data and corporate events limits additional insights.

Positive Factors

Revenue Growth

The company's robust revenue growth indicates a strong market position and effective business model, supporting long-term expansion and stability.

Profitability Margins

Improved profitability margins suggest effective cost control and operational efficiency, which are crucial for sustaining long-term profitability.

Balance Sheet Health

A healthier balance sheet with reduced leverage enhances financial stability and flexibility, supporting future growth initiatives.

Negative Factors

Free Cash Flow Challenges

Negative free cash flow indicates potential liquidity issues, which could constrain the company's ability to invest in growth and manage financial obligations.

Net Profit Margin

A modest net profit margin indicates limited profitability, which may affect the company's ability to reinvest in business operations and enhance shareholder value.

Cash Flow Efficiency

Moderate cash flow efficiency suggests the company may face challenges in converting earnings into cash, impacting its ability to fund operations and growth.

Ratnaveer Precision Engineering Ltd. Business Overview & Revenue Model

Company Description

Ratnaveer Precision Engineering Limited engages in the manufacture, export, and supply of stainless-steel products for commercial and residential sector in India and internationally. It produces finished sheets, washers, solar roofing hooks, and pipes and tubes. The company's products are used in various industries, including automotive, solar power, wind energy, power plants, oil and gas, pharmaceuticals, sanitary and plumbing, instrumentation, electro mechanics, architecture, building and construction, electrical appliances, transportation, kitchen appliances, chimney liners, etc. The company was formerly known as Ratnaveer Metals Limited and changed its name to Ratnaveer Precision Engineering Limited in November 2022. Ratnaveer Precision Engineering Limited was founded in 2000 and is based in Vadodara, India.

How the Company Makes Money

RATNAVEER generates revenue through multiple streams, primarily by supplying precision-engineered components to various industries, including aerospace, automotive, and industrial applications. The company's revenue model is based on direct sales of its products, often involving long-term contracts with clients that ensure steady demand. Additionally, RATNAVEER may engage in partnerships with key industry players to co-develop products or technologies, further enhancing its market reach. The company also invests in research and development to innovate and improve its product offerings, allowing it to capture higher value in the supply chain and maintain competitive pricing. Overall, RATNAVEER's earnings are bolstered by its reputation for quality, reliability, and the ability to adapt to the evolving demands of its customers.

Ratnaveer Precision Engineering Ltd. Financial Statement Overview

Summary

Ratnaveer Precision Engineering Ltd. shows strong revenue growth and improved profitability margins, supported by a healthier balance sheet with reduced leverage. However, challenges in free cash flow generation pose potential risks. Continued focus on cash management and maintaining growth momentum will be key to sustaining financial health.

Income Statement

Ratnaveer Precision Engineering Ltd. has demonstrated strong revenue growth with a 31.38% increase in the latest year, indicating a robust upward trajectory. The gross profit margin improved to 15.78%, reflecting efficient cost management. However, the net profit margin remains modest at 5.23%, suggesting room for improvement in profitability. Overall, the company shows solid growth and stable margins, which are positive indicators for future performance.

Balance Sheet

The company's debt-to-equity ratio has improved to 0.53, indicating a more balanced capital structure compared to previous years. Return on equity is healthy at 12.62%, showcasing effective use of equity to generate profits. The equity ratio stands at 49.71%, suggesting a stable financial position. While the balance sheet reflects improved leverage and equity utilization, maintaining this trend will be crucial to mitigate potential risks.

Cash Flow

Operating cash flow has increased significantly, but free cash flow remains negative, highlighting challenges in generating surplus cash after capital expenditures. The operating cash flow to net income ratio of 0.31 indicates moderate cash flow efficiency. The negative free cash flow to net income ratio suggests a need for better cash management to support long-term sustainability. Overall, while operating cash flow shows improvement, the negative free cash flow is a concern.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	9.52B	8.96B	5.95B	4.80B	4.27B	3.59B
Gross Profit	1.42B	1.41B	761.22M	869.13M	627.33M	462.30M
EBITDA	925.26M	904.23M	546.96M	458.90M	269.99M	211.00M
Net Income	492.51M	468.15M	310.50M	250.44M	94.76M	54.59M
Balance Sheet
Total Assets	0.00	7.46B	5.16B	3.89B	3.09B	2.56B
Cash, Cash Equivalents and Short-Term Investments	658.60M	658.60M	34.94M	2.35M	2.00M	7.37M
Total Debt	0.00	1.95B	2.07B	2.29B	1.91B	1.51B
Total Liabilities	-3.71B	3.75B	2.64B	2.83B	2.43B	1.99B
Stockholders Equity	3.71B	3.71B	2.52B	1.06B	659.74M	565.77M
Cash Flow
Free Cash Flow	0.00	-431.91M	-536.56M	-179.90M	-282.94M	4.70M
Operating Cash Flow	0.00	949.28M	123.50M	4.71M	-155.09M	129.30M
Investing Cash Flow	0.00	-1.36B	-633.64M	-170.33M	-116.10M	-111.50M
Financing Cash Flow	0.00	471.64M	801.85M	272.40M	280.44M	-9.98M

Ratnaveer Precision Engineering Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 153.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RATNAVEER, the sentiment is Negative. The current price of 153.1 is below the 20-day moving average (MA) of 156.08, below the 50-day MA of 154.59, and above the 200-day MA of 149.59, indicating a bearish trend. The MACD of -1.64 indicates Positive momentum. The RSI at 37.69 is Neutral, neither overbought nor oversold. The STOCH value of 20.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:RATNAVEER.

Ratnaveer Precision Engineering Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SONACOMS	74 Outperform	₹285.96B	46.66	―	0.65%	7.34%	2.27%
MMFL	72 Outperform	₹19.37B	17.47	―	1.07%	-4.47%	-17.62%
RATNAVEER	70 Outperform	₹9.56B	14.71	―	―	31.03%	22.28%
INGERRAND	66 Neutral	₹104.08B	39.33	―	2.34%	5.68%	9.74%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
SUNDRMBRAK	55 Neutral	₹2.62B	-181.21	―	0.22%	4.26%	-121.56%
RKFORGE	54 Neutral	₹90.71B	30.02	―	0.38%	-4.73%	-19.52%

Ratnaveer Precision Engineering Ltd. Corporate Events

Ratnaveer Precision Engineering Details Conduct of Second Extraordinary General Meeting

Ratnaveer Precision Engineering Limited informed the stock exchanges that it held its second Extraordinary General Meeting on January 10, 2026, via video conferencing and other audio-visual means in line with MCA and SEBI guidelines. The company provided shareholders with remote e-voting and live e-voting facilities through MUFG Intime India Pvt. Ltd. for all resolutions in the EGM notice, and confirmed that detailed voting results will be filed separately and that the proceedings have been made available on its website, underscoring its compliance with regulatory disclosure and corporate governance requirements.

Ratnaveer Precision Engineering Files SEBI Demat Compliance Certificate for Q3 FY2025

Ratnaveer Precision Engineering Limited has filed a confirmation certificate with Indian stock exchanges for the quarter ended 31 December 2025, as required under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The company’s registrar and share transfer agent, MUFG Intime India Pvt. Ltd., has confirmed that all securities received for dematerialisation during the quarter were duly processed, either accepted or rejected, appropriately listed on the stock exchanges, and that corresponding physical security certificates were verified, mutilated, cancelled, and replaced with depository records within prescribed timelines, underscoring the company’s compliance with depository and listing norms and providing assurance to shareholders on the integrity of its share transfer and demat processes.

Ratnaveer Precision Engineering Calls EGM to Approve Rs 115-Crore Preferential Issue to Promoters

Ratnaveer Precision Engineering Limited has called its second Extraordinary General Meeting for the 2025-26 financial year on 10 January 2026, to be conducted via video conferencing and other audio-visual means in line with current corporate governance norms. The key agenda item is a special resolution seeking shareholder approval for the preferential issue of up to 72,32,704 convertible warrants to the company’s promoters and promoter group at a price of Rs 159 per warrant, each exchangeable into one equity share, for an aggregate amount of about Rs 115 crore; if approved, the move will strengthen the company’s equity base, reinforce promoter commitment, and may alter the shareholding structure, with implications for existing investors and the company’s future funding and growth plans.

Ratnaveer Precision Engineering Announces Second EGM for FY 2025-26

Ratnaveer Precision Engineering Limited has announced the submission of newspaper notices regarding their second Extraordinary General Meeting (EGM) for the financial year 2025-26. The company has published these notices in both English and vernacular languages to inform shareholders about the EGM date and to request them to provide their email and bank details. This announcement is part of the company’s compliance with SEBI regulations, ensuring transparency and effective communication with its stakeholders.

Ratnaveer Precision Engineering Ltd. Raises Rs. 185.5 Crore via QIP

Ratnaveer Precision Engineering Ltd. announced the approval of the allotment of 12,793,102 equity shares at a price of Rs. 145 per share through a Qualified Institutions Placement (QIP). This move is set to raise approximately Rs. 185.5 crore, increasing the company’s paid-up equity share capital significantly. The issuance aims to strengthen the company’s financial position and potentially enhance its market presence, reflecting a strategic effort to capitalize on growth opportunities.

Ratnaveer Precision Engineering Concludes Successful QIP, Boosts Market Position

Ratnaveer Precision Engineering Ltd. announced the closure of its Qualified Institutions Placement (QIP) issue period, successfully allocating 12,793,102 equity shares at a discounted price of 145 per share to eligible institutional buyers. This strategic move is expected to bolster the company’s financial standing and enhance its market position by attracting significant institutional investment.

Ratnaveer Precision Engineering Initiates Equity Share Placement

Ratnaveer Precision Engineering Limited announced the closure of its trading window in compliance with SEBI regulations and the initiation of a qualified institutions placement (QIP) of equity shares. The company’s Fund Raising Committee has approved the opening of the issue, set the floor price at Rs. 152.46 per share, and adopted the preliminary placement document. This move aims to raise capital, potentially offering a discount on the floor price, and is expected to impact the company’s financial flexibility and market positioning.

Ratnaveer Precision Engineering Approves Equity Placement to Bolster Market Position

Ratnaveer Precision Engineering Ltd. announced the outcome of its Fund Raising Committee meeting held on December 1, 2025, where it approved the preliminary placement document and set the floor price for a qualified institutions placement of equity shares at Rs. 152.46 per share. The company has also authorized the opening of the issue and may offer a discount of up to 5% on the floor price. This strategic move is expected to strengthen the company’s financial position and enhance its market presence by attracting institutional investors.