Ram Ratna Wires Q1 FY27: Scale Led Growth, Mix Shift, and a Bigger Copper Tube Bet

Consolidated revenue from operations was 1,853.3 crore, operating EBITDA was 89.6 crore, and profit after tax was 35.2 crore for Q1 FY27.

Year-on-year, revenue from operations increased 88.6 percent, operating EBITDA increased 109.0 percent, and PAT increased 120.8 percent, as per the consolidated P&L table.

In Q1 FY27, domestic contributed 94 percent and exports contributed 6 percent of revenue, as shown in the revenue mix by geography slide.

In Q1 FY27, enamelled wires and strips contributed 72 percent, copper tubes and pipes contributed 26 percent, and others contributed 1 percent, as shown in the revenue mix slide.

The presentation states winding wires and strips capacity of 54,000 MTPA across three plants in Dadra and Nagar Haveli and Daman and Diu, copper tubes and pipes capacity of 12,000 MTPA at Baroda, and a Bhiwadi copper tubes and pipes plant with 24,000 MTPA capacity.

The at a glance slide states about 76 percent capacity utilization for winding wires and strips and about 45 percent for copper tubes and pipes (figures stated for FY26).

The journey slide states an ongoing capex adding 3,600 MTPA at Silvassa, targeted for commissioning in March 2027.