Ram Ratna Wires Ltd

Ram Ratna Wires Ltd

₹ 685 -0.96%
10 Jun - close price
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 3,015 Cr.
  • Current Price 685
  • High / Low 758 / 362
  • Stock P/E 47.9
  • Book Value 105
  • Dividend Yield 0.37 %
  • ROCE 20.4 %
  • ROE 14.4 %
  • Face Value 5.00

Pros

  • Company has been maintaining a healthy dividend payout of 28.0%
  • Company's working capital requirements have reduced from 36.0 days to 20.3 days

Cons

* 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

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
637 693 620 612 724 724 757 698 803 892 940 889 957
606 667 598 583 692 700 726 672 767 856 904 850 912
Operating Profit 31 26 21 29 32 25 32 26 37 36 36 38 45
OPM % 5% 4% 3% 5% 4% 3% 4% 4% 5% 4% 4% 4% 5%
2 1 1 2 4 3 6 4 3 4 4 4 6
Interest 7 8 7 8 9 10 10 9 11 12 13 14 16
Depreciation 4 5 5 5 4 5 5 5 5 5 5 5 6
Profit before tax 22 14 10 18 22 13 23 16 23 23 22 23 30
Tax % 24% 27% 27% 27% 27% 29% 37% 25% 17% 27% 22% 21% 37%
17 10 8 13 16 9 14 12 19 16 17 18 19
EPS in Rs 3.75 2.26 1.72 2.80 3.42 2.13 3.12 2.62 4.00 3.14 3.82 3.73 3.59
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
747 728 801 1,138 1,423 1,446 1,527 2,289 2,650 2,983 3,677
712 693 750 1,069 1,356 1,386 1,465 2,179 2,540 2,864 3,522
Operating Profit 35 35 51 69 67 60 62 110 109 120 155
OPM % 5% 5% 6% 6% 5% 4% 4% 5% 4% 4% 4%
2 2 2 3 4 4 3 8 7 15 18
Interest 15 14 11 18 30 29 26 28 34 41 54
Depreciation 7 8 8 11 16 19 18 18 18 20 22
Profit before tax 15 15 34 43 25 17 21 73 64 75 97
Tax % 35% 35% 34% 36% 35% 13% 26% 25% 27% 27% 28%
10 10 22 28 16 15 16 54 47 55 70
EPS in Rs 2.24 2.19 5.01 6.18 3.55 3.28 3.39 11.86 10.20 11.88 14.28
Dividend Payout % 22% 17% 12% 10% 18% 8% 15% 21% 24% 42% 18%
Compounded Sales Growth
10 Years: 17%
5 Years: 21%
3 Years: 17%
TTM: 23%
Compounded Profit Growth
10 Years: 20%
5 Years: 34%
3 Years: 6%
TTM: 28%
Stock Price CAGR
10 Years: 43%
5 Years: 84%
3 Years: 95%
1 Year: 80%
Return on Equity
10 Years: 14%
5 Years: 15%
3 Years: 14%
Last Year: 14%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 22 22 22
Reserves 56 63 114 156 173 168 189 260 290 388 438
113 118 148 255 314 292 361 270 267 249 305
34 21 66 103 111 70 85 174 251 294 537
Total Liabilities 213 213 339 525 609 541 646 715 829 954 1,302
48 52 72 141 169 167 158 151 147 216 406
CWIP 0 2 0 6 1 1 3 7 4 29 113
Investments 0 0 41 66 48 27 37 66 80 43 19
165 159 225 312 392 346 447 492 599 666 764
Total Assets 213 213 339 525 609 541 646 715 829 954 1,302

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
23 21 2 -8 64 -26 151 65 138 227
-11 -31 -64 -16 -17 -14 -19 -20 -6 -268
-13 21 53 28 -54 42 -121 -45 -107 3
Net Cash Flow -1 11 -9 4 -6 3 11 -1 26 -38

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 58 58 67 71 62 55 68 50 47 39 39
Inventory Days 9 11 21 16 29 29 36 22 29 27 26
Days Payable 9 3 21 20 18 9 12 23 29 33 46
Cash Conversion Cycle 57 66 67 68 73 75 92 49 46 33 18
Working Capital Days 59 65 68 68 71 66 89 52 49 39 20
ROCE % 16% 19% 17% 12% 9% 9% 18% 17% 17% 20%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
73.04% 73.04% 73.04% 73.04% 73.04% 73.04% 73.04% 73.04% 73.04% 73.04% 72.98% 72.98%
0.00% 0.42% 0.59% 0.57% 0.57% 0.15% 0.07% 0.03% 0.20% 0.48% 0.31% 0.17%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.24%
26.96% 26.53% 26.35% 26.38% 26.40% 26.80% 26.89% 26.92% 26.75% 26.48% 26.72% 26.63%
No. of Shareholders 6,80017,53617,90717,28115,66118,92318,34616,57918,40119,14019,07918,848

* 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.

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