Ram Ratna Wires Ltd

Ram Ratna Wires Ltd

₹ 613 0.94%
03 Dec 4:02 p.m.
About

Ram Ratna Wires Limited is engaged in the manufacturing of winding wires, mainly enamelled copper wires. [1]

Key Points

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]

  • Market Cap 2,861 Cr.
  • Current Price 613
  • High / Low 787 / 457
  • Stock P/E 42.1
  • Book Value 110
  • Dividend Yield 0.41 %
  • ROCE 20.5 %
  • ROE 15.0 %
  • Face Value 5.00

Pros

  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 19.8%

Cons

  • Promoter holding has decreased over last 3 years: -4.20%

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
554 528 642 645 675 620 675 758 813 729 932 960 1,141
535 504 616 623 648 597 648 736 782 701 890 921 1,089
Operating Profit 19 24 26 22 28 23 27 22 31 27 42 40 52
OPM % 4% 5% 4% 3% 4% 4% 4% 3% 4% 4% 4% 4% 5%
1 1 4 3 6 4 3 4 4 5 7 4 4
Interest 6 7 7 7 8 7 8 8 8 10 15 15 18
Depreciation 4 4 4 4 4 4 4 4 4 4 5 8 8
Profit before tax 11 15 18 13 22 15 18 14 22 18 28 21 30
Tax % 25% 25% 24% 26% 39% 24% 15% 28% 22% 19% 36% 30% 28%
8 11 14 10 13 12 16 10 17 14 18 15 22
EPS in Rs 1.90 2.48 3.14 2.23 3.01 2.66 3.55 2.28 3.91 3.23 3.99 3.30 4.64
Raw PDF

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 TTM
699 741 719 801 1,027 1,250 1,255 1,387 2,013 2,328 2,959 3,623 3,763
670 706 685 750 964 1,189 1,203 1,335 1,918 2,236 2,837 3,470 3,602
Operating Profit 28 35 34 51 63 61 53 52 95 92 122 152 161
OPM % 4% 5% 5% 6% 6% 5% 4% 4% 5% 4% 4% 4% 4%
1 2 2 2 3 4 4 2 7 8 16 18 19
Interest 13 15 14 11 14 25 23 20 21 26 39 52 59
Depreciation 5 7 7 8 10 15 17 16 16 16 18 20 25
Profit before tax 11 15 14 33 42 24 16 18 65 57 81 98 96
Tax % 36% 35% 35% 34% 36% 35% 13% 24% 25% 25% 26% 27%
7 10 9 22 27 16 14 14 49 43 60 72 68
EPS in Rs 1.58 2.23 2.12 4.98 6.02 3.63 3.24 3.07 11.06 9.75 13.63 16.28 15.16
Dividend Payout % 24% 22% 18% 13% 10% 17% 8% 16% 23% 26% 18% 15%
Compounded Sales Growth
10 Years: 17%
5 Years: 24%
3 Years: 22%
TTM: 31%
Compounded Profit Growth
10 Years: 22%
5 Years: 37%
3 Years: 13%
TTM: 25%
Stock Price CAGR
10 Years: 41%
5 Years: 73%
3 Years: 50%
1 Year: 0%
Return on Equity
10 Years: 14%
5 Years: 15%
3 Years: 15%
Last Year: 15%

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 Sep 2025
Equity Capital 11 11 11 11 11 11 11 11 11 22 22 22 23
Reserves 48 55 63 114 155 172 166 186 254 282 412 468 491
111 112 116 148 218 268 239 309 204 192 225 286 600
36 32 20 66 76 83 50 70 155 223 271 494 541
Total Liabilities 207 210 210 338 460 534 467 577 624 719 930 1,269 1,656
46 46 50 72 114 141 140 130 118 109 191 365 386
CWIP 0 0 2 0 5 1 0 0 2 0 27 114 130
Investments 3 3 3 41 76 57 37 49 77 96 64 57 59
158 161 155 225 265 335 291 397 427 514 648 734 1,081
Total Assets 207 210 210 338 460 534 467 577 624 719 930 1,269 1,656

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 68 142 225
-5 -7 -11 -31 -64 -15 -16 -11 -11 -13 -6 -246
-10 -15 -14 21 52 22 -55 49 -135 -52 -110 -17
Net Cash Flow -1 0 -0 11 -10 4 -6 1 6 3 27 -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 39 37
Inventory Days 5 8 11 21 13 28 26 33 19 25 25 24
Days Payable 13 8 3 21 14 15 7 12 25 32 33 45
Cash Conversion Cycle 57 57 66 67 68 73 73 89 46 41 32 16
Working Capital Days 9 11 13 14 8 11 15 25 27 24 23 8
ROCE % 14% 17% 15% 19% 17% 12% 9% 8% 18% 17% 20% 21%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
73.04% 73.04% 73.04% 73.04% 73.04% 73.04% 73.04% 73.04% 72.98% 72.98% 72.98% 68.84%
0.59% 0.57% 0.57% 0.15% 0.07% 0.03% 0.20% 0.48% 0.31% 0.17% 0.17% 0.11%
0.00% 0.00% 0.00% 0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.24% 0.35% 0.33%
26.35% 26.38% 26.40% 26.80% 26.89% 26.92% 26.75% 26.48% 26.72% 26.63% 26.51% 30.73%
No. of Shareholders 17,90717,28115,66118,92318,34616,57918,40119,14019,07918,84818,43018,074

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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