Ram Ratna Wires Ltd
Ram Ratna Wires Limited is engaged in the manufacturing of winding wires, mainly enamelled copper wires. [1]
- Market Cap ₹ 3,094 Cr.
- Current Price ₹ 702
- High / Low ₹ 787 / 419
- Stock P/E 57.7
- Book Value ₹ 99.6
- Dividend Yield 0.36 %
- ROCE 19.6 %
- ROE 12.8 %
- Face Value ₹ 5.00
Pros
- Company has been maintaining a healthy dividend payout of 29.9%
Cons
- Stock is trading at 7.05 times its book value
- Promoter holding has decreased over last quarter: -4.04%
- 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: | 43% |
5 Years: | 81% |
3 Years: | 71% |
1 Year: | 62% |
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 | 9 | 11 | 13 | 14 | 8 | 11 | 15 | 25 | 27 | 24 | 21 | 4 |
ROCE % | 14% | 17% | 15% | 19% | 17% | 12% | 9% | 8% | 18% | 17% | 19% | 20% |
Documents
Announcements
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Business Responsibility and Sustainability Reporting (BRSR)
1d - Ram Ratna Wires releases FY 2024-25 Business Responsibility and Sustainability Report detailing ESG initiatives.
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Reg. 34 (1) Annual Report.
1d - Ram Ratna Wires FY25 annual report: 22% revenue growth, ₹72 Cr PAT, new Bhiwadi plant, ₹2.50 dividend declared.
- Notice Convening The 33Rd Annual General Meeting For The Financial Year 2024-25 1d
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Aug - Newspaper publication in respect of information of the 33rd Annual General Meeting of the Company.
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Board Meeting Intimation for Meeting To Be Held On August 07, 2025
30 Jul - Board meeting on Aug 7 to approve Q1 FY2026 unaudited financial results; trading window closed till then.
Annual reports
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Financial Year 2025
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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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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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Feb 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]