Ram Ratna Wires Ltd
Ram Ratna Wires Limited is engaged in the manufacturing of winding wires, mainly enamelled copper wires. [1]
- Market Cap ₹ 2,945 Cr.
- Current Price ₹ 669
- High / Low ₹ 758 / 371
- Stock P/E 54.9
- Book Value ₹ 99.6
- Dividend Yield 0.38 %
- ROCE 19.6 %
- ROE 12.8 %
- Face Value ₹ 5.00
Pros
- Company has been maintaining a healthy dividend payout of 29.9%
- Company's working capital requirements have reduced from 28.6 days to 10.3 days
Cons
- Company has a low return on equity of 13.5% over last 3 years.
- Company's cost of borrowing seems high
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Part of BSE SmallCap BSE Allcap BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
699 | 741 | 719 | 801 | 1,027 | 1,250 | 1,255 | 1,387 | 2,013 | 2,328 | 2,615 | 3,090 | |
670 | 706 | 685 | 750 | 964 | 1,189 | 1,203 | 1,335 | 1,918 | 2,236 | 2,515 | 2,979 | |
Operating Profit | 28 | 35 | 34 | 51 | 63 | 61 | 53 | 52 | 95 | 92 | 100 | 111 |
OPM % | 4% | 5% | 5% | 6% | 6% | 5% | 4% | 4% | 5% | 4% | 4% | 4% |
1 | 2 | 2 | 2 | 3 | 4 | 4 | 2 | 7 | 8 | 16 | 18 | |
Interest | 13 | 15 | 14 | 11 | 14 | 25 | 23 | 20 | 21 | 26 | 31 | 38 |
Depreciation | 5 | 7 | 7 | 8 | 10 | 15 | 17 | 16 | 16 | 16 | 16 | 17 |
Profit before tax | 11 | 15 | 14 | 33 | 42 | 24 | 16 | 18 | 65 | 57 | 69 | 74 |
Tax % | 36% | 35% | 35% | 34% | 36% | 35% | 13% | 24% | 25% | 25% | 27% | 27% |
7 | 10 | 9 | 22 | 27 | 16 | 14 | 14 | 49 | 43 | 50 | 54 | |
EPS in Rs | 1.58 | 2.23 | 2.12 | 4.98 | 6.02 | 3.63 | 3.24 | 3.07 | 11.06 | 9.75 | 11.45 | 12.18 |
Dividend Payout % | 24% | 22% | 18% | 13% | 10% | 17% | 8% | 16% | 23% | 26% | 44% | 21% |
Compounded Sales Growth | |
---|---|
10 Years: | 15% |
5 Years: | 20% |
3 Years: | 15% |
TTM: | 18% |
Compounded Profit Growth | |
---|---|
10 Years: | 18% |
5 Years: | 30% |
3 Years: | 3% |
TTM: | 14% |
Stock Price CAGR | |
---|---|
10 Years: | 42% |
5 Years: | 81% |
3 Years: | 98% |
1 Year: | 72% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 14% |
3 Years: | 14% |
Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 22 | 22 | 22 |
Reserves | 48 | 55 | 63 | 114 | 155 | 172 | 166 | 186 | 254 | 282 | 379 | 417 |
111 | 112 | 116 | 148 | 218 | 268 | 239 | 309 | 204 | 192 | 122 | 178 | |
36 | 32 | 20 | 66 | 76 | 83 | 50 | 70 | 155 | 223 | 258 | 467 | |
Total Liabilities | 207 | 210 | 210 | 338 | 460 | 534 | 467 | 577 | 624 | 719 | 781 | 1,084 |
46 | 46 | 50 | 72 | 114 | 141 | 140 | 130 | 118 | 109 | 132 | 291 | |
CWIP | 0 | 0 | 2 | 0 | 5 | 1 | 0 | 0 | 2 | 0 | 18 | 105 |
Investments | 3 | 3 | 3 | 41 | 76 | 57 | 37 | 49 | 77 | 96 | 74 | 67 |
158 | 161 | 155 | 225 | 265 | 335 | 291 | 397 | 427 | 514 | 556 | 622 | |
Total Assets | 207 | 210 | 210 | 338 | 460 | 534 | 467 | 577 | 624 | 719 | 781 | 1,084 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
13 | 22 | 25 | 21 | 2 | -3 | 64 | -37 | 152 | 68 | 145 | 195 | |
-5 | -7 | -11 | -31 | -64 | -15 | -16 | -11 | -11 | -13 | 29 | -225 | |
-10 | -15 | -14 | 21 | 52 | 22 | -55 | 49 | -135 | -52 | -146 | -8 | |
Net Cash Flow | -1 | 0 | -0 | 11 | -10 | 4 | -6 | 1 | 6 | 3 | 29 | -38 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 64 | 57 | 58 | 67 | 70 | 60 | 55 | 68 | 52 | 48 | 36 | 38 |
Inventory Days | 5 | 8 | 11 | 21 | 13 | 28 | 26 | 33 | 19 | 25 | 24 | 21 |
Days Payable | 13 | 8 | 3 | 21 | 14 | 15 | 7 | 12 | 25 | 32 | 37 | 51 |
Cash Conversion Cycle | 57 | 57 | 66 | 67 | 68 | 73 | 73 | 89 | 46 | 41 | 24 | 8 |
Working Capital Days | 59 | 59 | 65 | 68 | 66 | 70 | 64 | 87 | 49 | 44 | 31 | 10 |
ROCE % | 14% | 17% | 15% | 19% | 17% | 12% | 9% | 8% | 18% | 17% | 19% | 20% |
Documents
Announcements
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Revision In Record Date For Purpose Of Issue Of Shares To Shareholders Of Transferor Company As Per Scheme Of Amalgamation Of Global Copper Private Limited (''Transferor Company'') With And Into The Company.
14 Jun - Board meeting rescheduled to June 23 for merger-related financial results re-adoption and record date revised to June 25.
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Update on board meeting
14 Jun - Board meeting rescheduled to June 23 for merger-related financial results; record date revised to June 25, 2025.
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Closure of Trading Window
14 Jun - Board meeting rescheduled to June 23 for merger-related financial results re-adoption; record date revised to June 25.
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Intimation Under Regulation 30 Of SEBI LODR Regulations - Update On Commencement Of Commercial Production At Bhiwadi, Rajasthan.
13 Jun - New manufacturing plant at Bhiwadi, Rajasthan begins commercial production on June 13, 2025.
- Record Date For Purpose Of Issue Of Shares To Shareholders Of Transferor Company As Per Scheme Of Amalgamation Of Global Copper Private Limited ('Transferor Company') With And Into The Company. 7 Jun
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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May 2025TranscriptNotesPPT
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Jan 2025TranscriptNotesPPT
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Oct 2024TranscriptNotesPPT
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Aug 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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May 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
Market Position
The company is the 2nd largest manufacturer of Winding Wire in South Asia. It is the only manufacturer of enameled copper wires in India that offers the widest range, from the thinnest wire of 18 microns (0.018mm) to 4.876 mm with intermediate sizes. [1]