Ratnaveer Precision Engineering Past Earnings Performance
Past criteria checks 3/6
Ratnaveer Precision Engineering has been growing earnings at an average annual rate of 33%, while the Metals and Mining industry saw earnings growing at 27.5% annually. Revenues have been growing at an average rate of 48.5% per year. Ratnaveer Precision Engineering's return on equity is 11.4%, and it has net margins of 5.2%.
Key information
33.0%
Earnings growth rate
28.6%
EPS growth rate
| Metals and Mining Industry Growth | 25.9% |
| Revenue growth rate | 48.5% |
| Return on equity | 11.4% |
| Net Margin | 5.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Investors Still Aren't Entirely Convinced By Ratnaveer Precision Engineering Limited's (NSE:RATNAVEER) Earnings Despite 26% Price Jump
Jun 25
Ratnaveer Precision Engineering's (NSE:RATNAVEER) Profits May Not Reveal Underlying Issues
May 30Ratnaveer Precision Engineering Limited (NSE:RATNAVEER) Might Not Be As Mispriced As It Looks
Mar 14Revenue & Expenses Breakdown
How Ratnaveer Precision Engineering makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 7,694 | 397 | 76 | 0 |
| 30 Jun 24 | 6,819 | 354 | 71 | 0 |
| 31 Mar 24 | 5,954 | 311 | 68 | 0 |
| 31 Dec 23 | 6,042 | 341 | 77 | 0 |
| 30 Sep 23 | 5,180 | 288 | 77 | 0 |
| 30 Jun 23 | 5,039 | 278 | 81 | 0 |
| 31 Mar 23 | 4,797 | 250 | 79 | 0 |
| 31 Mar 22 | 4,269 | 95 | 78 | 0 |
| 31 Mar 21 | 3,597 | 55 | 70 | 0 |
| 31 Mar 20 | 2,969 | 72 | 69 | 0 |
Quality Earnings: RATNAVEER has a high level of non-cash earnings.
Growing Profit Margin: RATNAVEER's current net profit margins (5.2%) are lower than last year (5.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RATNAVEER's earnings have grown significantly by 33% per year over the past 5 years.
Accelerating Growth: RATNAVEER's earnings growth over the past year (37.8%) exceeds its 5-year average (33% per year).
Earnings vs Industry: RATNAVEER earnings growth over the past year (37.8%) exceeded the Metals and Mining industry 16.7%.
Return on Equity
High ROE: RATNAVEER's Return on Equity (11.4%) is considered low.