New Risk • May 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 35% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (37% accrual ratio). Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Reported Earnings • May 14
Full year 2026 earnings released: EPS: ₹11.11 (vs ₹9.31 in FY 2025) Full year 2026 results: EPS: ₹11.11 (up from ₹9.31 in FY 2025). Revenue: ₹10.8b (up 21% from FY 2025). Net income: ₹643.1m (up 37% from FY 2025). Profit margin: 6.0% (up from 5.2% in FY 2025). The increase in margin was driven by higher revenue. Announcement • May 06
Ratnaveer Precision Engineering Limited to Report Q4, 2026 Results on May 12, 2026 Ratnaveer Precision Engineering Limited announced that they will report Q4, 2026 results on May 12, 2026 Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹169, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 29% over the past year. New Risk • Mar 23
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹9.09b (US$97.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (28% increase in shares outstanding). Market cap is less than US$100m (₹9.09b market cap, or US$97.2m). Announcement • Mar 13
Ratnaveer Precision Engineering Limited announced that it has received INR 287.952028 million in funding from Ratnaveer Ventures Private Limited On March 12, 2026, Ratnaveer Precision Engineering Limited closed the transaction. The company issued 7,232,704 convertible warrants at an issue price of INR 39.8125 for gross proceeds of INR 287,952,028. The transaction included participation from Vijay Sanghavi for 2,575,723 warrants at a post issue shareholding of 40.72%, Seema Vijay Sanghavi for 2,575,723 warrants at a post issue shareholding of 4.59%, Ratnaveer Venture Private Limited for 2,207,259 warrants at a post issue shareholding of 2.93%. The warrants shall be converted into equity shares at an exercise price of INR 119.4375 of the Company within 18 months of the allotment. The transaction is approved by board of directors of the company. Reported Earnings • Feb 01
Third quarter 2026 earnings released: EPS: ₹3.11 (vs ₹2.24 in 3Q 2025) Third quarter 2026 results: EPS: ₹3.11 (up from ₹2.24 in 3Q 2025). Revenue: ₹2.69b (up 5.8% from 3Q 2025). Net income: ₹168.9m (up 49% from 3Q 2025). Profit margin: 6.3% (up from 4.4% in 3Q 2025). The increase in margin was driven by higher revenue. Announcement • Jan 29
Ratnaveer Precision Engineering Limited to Report Q3, 2026 Results on Jan 31, 2026 Ratnaveer Precision Engineering Limited announced that they will report Q3, 2026 results at 12:08 PM, Indian Standard Time on Jan 31, 2026 Announcement • Jan 06
Ratnaveer Precision Engineering Limited Announces Demise of Whole Time Director Mr. Babulal Sohanlal Chaplot, Effective January 5, 2026 Ratnaveer Precision Engineering Limited was intimated on January 5, 2026 about the demise of Mr. Babulal Sohanlal Chaplot (DIN: 03539750), Whole Time Director of the Company. The reason for change is death. The date of cessation is January 5, 2026. New Risk • Dec 18
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 28% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risk Shareholders have been diluted in the past year (28% increase in shares outstanding). Announcement • Dec 03
Ratnaveer Precision Engineering Limited has filed a Follow-on Equity Offering. Ratnaveer Precision Engineering Limited has filed a Follow-on Equity Offering.
Security Name: Equity Shares
Security Type: Common Stock
Price(minimum): INR 152.46
Transaction Features: Regulation S; Subsequent Direct Listing Reported Earnings • Nov 04
Second quarter 2026 earnings released: EPS: ₹3.07 (vs ₹2.44 in 2Q 2025) Second quarter 2026 results: EPS: ₹3.07 (up from ₹2.44 in 2Q 2025). Revenue: ₹2.88b (up 25% from 2Q 2025). Net income: ₹154.3m (up 26% from 2Q 2025). Profit margin: 5.4% (up from 5.3% in 2Q 2025). The increase in margin was driven by higher revenue. Announcement • Oct 29
Ratnaveer Precision Engineering Limited to Report Q2, 2026 Results on Nov 03, 2025 Ratnaveer Precision Engineering Limited announced that they will report Q2, 2026 results on Nov 03, 2025 Announcement • Aug 29
Ratnaveer Precision Engineering Limited, Annual General Meeting, Sep 25, 2025 Ratnaveer Precision Engineering Limited, Annual General Meeting, Sep 25, 2025, at 15:00 Indian Standard Time. Board Change • Aug 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Vimalbhai Bokadia was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 29
First quarter 2026 earnings released: EPS: ₹2.97 (vs ₹3.06 in 1Q 2025) First quarter 2026 results: EPS: ₹2.97. Revenue: ₹2.65b (up 30% from 1Q 2025). Net income: ₹149.5m (up 20% from 1Q 2025). Profit margin: 5.6% (down from 6.1% in 1Q 2025). The decrease in margin was driven by higher expenses. Announcement • Jul 23
Ratnaveer Precision Engineering Limited to Report Q1, 2026 Results on Jul 28, 2025 Ratnaveer Precision Engineering Limited announced that they will report Q1, 2026 results on Jul 28, 2025 New Risk • Jun 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (₹8.18b market cap, or US$95.1m). Announcement • Jun 07
Ratnaveer Precision Engineering Limited announced a financing transaction Ratnaveer Precision Engineering Limited announced a private placement of common shares on June 6, 2025. The transaction has been approved by the shareholders of the company. Reported Earnings • May 16
Full year 2025 earnings released: EPS: ₹9.31 (vs ₹7.61 in FY 2024) Full year 2025 results: EPS: ₹9.31 (up from ₹7.61 in FY 2024). Revenue: ₹8.96b (up 51% from FY 2024). Net income: ₹468.2m (up 51% from FY 2024). Profit margin: 5.2% (in line with FY 2024). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Metals and Mining industry in India. Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹152, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 17x in the Metals and Mining industry in India. Total returns to shareholders of 22% over the past year. Announcement • May 10
Ratnaveer Precision Engineering Limited to Report Q4, 2025 Results on May 14, 2025 Ratnaveer Precision Engineering Limited announced that they will report Q4, 2025 results on May 14, 2025 Reported Earnings • Jan 29
Third quarter 2025 earnings released: EPS: ₹2.24 (vs ₹2.27 in 3Q 2024) Third quarter 2025 results: EPS: ₹2.24. Revenue: ₹2.55b (up 32% from 3Q 2024). Net income: ₹113.1m (up 22% from 3Q 2024). Profit margin: 4.4% (down from 4.8% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Metals and Mining industry in India. Announcement • Jan 29
Ratnaveer Precision Engineering Limited Appoints Umang Lalpurwala as Company Secretary and Compliance Officer Ratnaveer Precision Engineering Limited at its board meeting held on January 28, 2025, appointed Umang Lalpurwala (ACS-38420) as Company Secretary and Compliance officer of the Company, effective from January 28, 2025. Mr. Umang Lalpurwala is a Qualified Company Secretary and Law Graduate. She has work experience of around seven years in a various type of companies. He has achieved professional excellence and expertise in his work. Announcement • Jan 22
Ratnaveer Precision Engineering Limited to Report Q3, 2025 Results on Jan 28, 2025 Ratnaveer Precision Engineering Limited announced that they will report Q3, 2025 results on Jan 28, 2025 Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹188, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Metals and Mining industry in India. Total returns to shareholders of 50% over the past year. New Risk • Jan 13
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.63b (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Shareholders have been diluted in the past year (9.4% increase in shares outstanding). Market cap is less than US$100m (₹8.63b market cap, or US$99.6m). Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹212, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 19x in the Metals and Mining industry in India. Total returns to shareholders of 83% over the past year. New Risk • Dec 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Shareholders have been diluted in the past year (9.4% increase in shares outstanding). Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹260, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 17x in the Metals and Mining industry in India. Total returns to shareholders of 120% over the past year. Announcement • Nov 21
Ratnaveer Precision Engineering Limited Announces Resignation of Swati Sharda as Company Secretary Ratnaveer Precision Engineering Limited announced that Ms. Swati Sharda, (ICSI M. No, . A31278) a Company Secretary and compliance officer (key Managerial Personnel) of the company, has submitted her resignation due to personal reason and she has been relieved from her duties with effect from November 18, 2024. Reported Earnings • Nov 10
Second quarter 2025 earnings released: EPS: ₹2.44 (vs ₹1.95 in 2Q 2024) Second quarter 2025 results: EPS: ₹2.44 (up from ₹1.95 in 2Q 2024). Revenue: ₹2.31b (up 62% from 2Q 2024). Net income: ₹122.8m (up 54% from 2Q 2024). Profit margin: 5.3% (down from 5.6% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Metals and Mining industry in India. Announcement • Oct 30
Ratnaveer Precision Engineering Limited to Report Q2, 2025 Results on Nov 09, 2024 Ratnaveer Precision Engineering Limited announced that they will report Q2, 2025 results on Nov 09, 2024 Valuation Update With 7 Day Price Move • Sep 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹215, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 18x in the Metals and Mining industry in India. Total returns to shareholders of 89% over the past year. Announcement • Aug 27
Ratnaveer Precision Engineering Limited, Annual General Meeting, Sep 23, 2024 Ratnaveer Precision Engineering Limited, Annual General Meeting, Sep 23, 2024, at 16:00 Indian Standard Time. Announcement • Jul 27
Ratnaveer Precision Engineering Limited Appoints Rajash Dineshkumar Shah as Independent Director Ratnaveer Precision Engineering Limited at its Extraordinary General Meeting held on 26 July, 2024, approved the Appointment of Mr. Rajash Dineshkumar Shah (DIN: 10630161) as an Independent Director of the company. Reported Earnings • Jul 18
First quarter 2025 earnings released: EPS: ₹3.06 (vs ₹2.37 in 1Q 2024) First quarter 2025 results: EPS: ₹3.06 (up from ₹2.37 in 1Q 2024). Revenue: ₹2.05b (up 74% from 1Q 2024). Net income: ₹125.1m (up 52% from 1Q 2024). Profit margin: 6.1% (down from 7.0% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Metals and Mining industry in India. Announcement • Jul 15
Ratnaveer Precision Engineering Limited Announces Resignation of Ninad S Raje as Director Ratnaveer Precision Engineering Limited announced that Mr. Ninad S Raje (DIN: 07155714) has tendered his resignation as Non-Executive Independent Director of the Company with effect from 15 July, 2024, due to pre-occupation. Announcement • Jul 10
Ratnaveer Precision Engineering Limited to Report Q1, 2025 Results on Jul 17, 2024 Ratnaveer Precision Engineering Limited announced that they will report Q1, 2025 results on Jul 17, 2024 Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹149, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 26x in the Metals and Mining industry in India. New Risk • Jun 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.0% operating cash flow to total debt). High level of non-cash earnings (23% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (₹6.94b market cap, or US$83.0m). Announcement • Jun 08
Ratnaveer Precision Engineering Limited Announces Resignation of Bharatkumar Kanchanlal Shah as Non-Executive Independent Director Ratnaveer Precision Engineering Limited announced that Mr. Bharatkumar Kanchanlal Shah vide his letter dated 6 June 2024, has tendered his resignation as non-executive independent director of the company, due to pre-occupation with effect from 7 June 2024. Reported Earnings • May 23
Full year 2024 earnings released: EPS: ₹7.61 (vs ₹7.26 in FY 2023) Full year 2024 results: EPS: ₹7.61 (up from ₹7.26 in FY 2023). Revenue: ₹6.02b (up 26% from FY 2023). Net income: ₹310.5m (up 24% from FY 2023). Profit margin: 5.2% (in line with FY 2023). Announcement • May 18
Ratnaveer Precision Engineering Limited to Report Q4, 2024 Results on May 22, 2024 Ratnaveer Precision Engineering Limited announced that they will report Q4, 2024 results on May 22, 2024 Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹145, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 24x in the Metals and Mining industry in India. Announcement • Apr 04
Ratnaveer Precision Engineering Limited Announces Resignation of Prerana Trivedi as Company Secretary and Compliance Officer Ratnaveer Precision Engineering Limited announced that Mrs. Prerana Trivedi, a Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company, has submitted her resignation due to Personal /Medical reason and Mrs. Prerana Trivedi will be relieved from her duties with effect from the close of business hours on April 04, 2024. Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹129, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 23x in the Metals and Mining industry in India. New Risk • Apr 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Market cap is less than US$100m (₹6.03b market cap, or US$72.3m). Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹144, the stock trades at a trailing P/E ratio of 24.2x. Average trailing P/E is 24x in the Metals and Mining industry in India. Announcement • Jan 23
Ratnaveer Precision Engineering Limited to Report Q3, 2024 Results on Jan 31, 2024 Ratnaveer Precision Engineering Limited announced that they will report Q3, 2024 results on Jan 31, 2024 Announcement • Oct 21
Ratnaveer Precision Engineering Limited to Report Q2, 2024 Results on Oct 28, 2023 Ratnaveer Precision Engineering Limited announced that they will report Q2, 2024 results on Oct 28, 2023 Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹134, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 20x in the Metals and Mining industry in India. Reported Earnings • Sep 28
First quarter 2024 earnings released First quarter 2024 results: EPS: ₹2.37. Net income: ₹82.1m (up ₹82.1m from 1Q 2023). Announcement • Sep 18
Ratnaveer Precision Engineering Limited to Report Q1, 2024 Results on Sep 25, 2023 Ratnaveer Precision Engineering Limited announced that they will report Q1, 2024 results on Sep 25, 2023