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Quarterly Results

RAMRAT · Ram Ratna Wires Limited · NSE · Filed 31 Jul · 2 min read

Ram Ratna Wires posts sharp Q1 FY27 revenue and profit rise, led by copper tubes

The wire maker's June-quarter consolidated revenue and net profit both rose steeply year-on-year, with its copper tubes and pipes segment more than tripling.

What was filed

On 31 July 2026, the board of Ram Ratna Wires approved unaudited standalone and consolidated results for the quarter ended 30 June 2026, following review and recommendation by the audit committee. The statutory auditors, Bhagwagar Dalal & Doshi, issued a limited review report with an unmodified opinion. The company reports two segments on a standalone basis — winding wires and strips, and copper tubes and pipes — and adds an "Others" segment on a consolidated basis, which brings in subsidiary Tefabo Product Private Limited and joint ventures RR-Imperial Electricals Limited (located in Bangladesh, per the review report) and Epavo Electricals Private Limited.

The quarter in context

Both revenue and profit rose steeply against the year-ago quarter, per the filing, but the growth was uneven across the business. The copper tubes and pipes segment more than tripled its revenue year-on-year, while the larger winding wires and strips segment grew more modestly. On a sequential basis — against the quarter ended 31 March 2026 — consolidated profit was slightly lower. For a holder, the split matters: the smaller copper tubes line is where the acceleration is concentrated.

A one-for-one bonus reshapes per-share figures

The filing notes that the company allotted fully paid-up bonus shares in a 1:1 ratio, with a record date of 26 December 2025. Earnings per share for prior periods have been restated accordingly under Ind AS 33, so any comparison of per-share figures across quarters reflects the enlarged share base.

A regulatory obligation flagged but not quantified

The company disclosed that Extended Producer Responsibility (EPR) for scrap of non-ferrous metals has been imposed on producers — including its wires and strips other than automobile grade — effective 1 April 2026 under the amended Hazardous and Other Wastes rules. Per the filing, the CPCB's online registration portal is not yet operational and the pricing and operational framework has not been prescribed. The company states it is "not in a position to reasonably determine the financial impact, if any" at this stage and will monitor developments.

Consolidated revenue from operations (Q1 FY26)
₹98,246.90 → ₹1,85,328.10 lakhQ1 FY26 → Q1 FY27+89%
Consolidated profit for the period (Q1 FY26)
₹1,592.24 → ₹3,516.35 lakhQ1 FY26 → Q1 FY27+121%
Standalone revenue from operations (Q1 FY26)
₹96,040.08 → ₹1,83,199.09 lakhQ1 FY26 → Q1 FY27+91%
Standalone profit for the period (Q1 FY26)
₹1,453.79 → ₹3,671.62 lakhQ1 FY26 → Q1 FY27+153%
Copper tubes & pipes segment revenue (Q1 FY26)
₹13,738.65 → ₹48,997.75 lakhQ1 FY26 → Q1 FY27+257%
Consolidated diluted EPS (Q1 FY26, restated)
₹1.66 → ₹3.77Q1 FY26 → Q1 FY27+127%

‡ Computed by us from the filing’s own figures — not a company-stated number.

For a holder, the results set the base for the year and show which segment is driving growth; the EPR obligation is a regulatory item the company has flagged as unquantified, and the 1:1 bonus issue means per-share figures for earlier periods have been restated for comparability.

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