Ram Ratna Wires Q1 FY27 Preview: 50% YoY Growth

Stock context and what investors are watching

Ram Ratna Wires Q1 FY27 results are coming into focus as investors position ahead of the July to August 2026 results window indicated in the estimates table. The stock was cited at a CMP of ₹409 in an update dated 7 July 2026, alongside a market capitalisation of ₹3,691 crore and a P/E noted as “not meaningful”. The same dataset also shows a separate “Current Price” reference of ₹686, without a matching timestamp in the excerpt. The key near-term focus is whether growth seen in Q4 FY26 can sustain into the June 2026 quarter. The company operates in winding wires, mainly enamelled copper wires, a segment tied closely to electrical equipment demand.

Key dates, corporate action, and headline metrics

One data point in the feed lists an upcoming earnings date of 6 February 2026 for Ram Ratna Wires Ltd. The company also declared a dividend of ₹2.50 on 18 August 2025. A reported EPS figure of 8.98 is mentioned, while estimated EPS is shown as unavailable (“--”). Separately, a compact “latest results” block references net profit of ₹33 and revenue of ₹1,277, but the quarter and basis (standalone or consolidated) are not specified in the excerpt. For investors, the more detailed quarterly disclosures and the Q1 FY27 estimate range provide clearer anchors.

What the Q1 FY27 estimate range says

The Q1 FY27 preview in the provided text uses a trailing-growth framework. It applies the most recent year-on-year growth signal from Q4 FY26 to a Q1 FY26 base. Based on that method, revenue is estimated at ₹1,376 to ₹1,583 crore and PAT at ₹21 to ₹27 crore. The estimate table explicitly marks YoY growth at +50% for both revenue and PAT versus Q1 FY26 actuals. The results date is described as “July-August 2026 (indicative)”, aligning with the broader results season for the quarter ending June 2026.

Recent quarter performance used as the base

Ahead of the Q1 FY27 print, the most recent reported quarter referenced is Q4 FY26. It shows revenue of ₹1,759 crore and net profit of ₹39 crore as the base against which the Q1 FY27 estimates are built. A separate consolidated results table for the quarter ended March 31, 2026 (Mar 2026) provides more granularity. It reports total revenue for the quarter at ₹1,758.87 crore, operating profit at ₹93.21 crore, and net profit at ₹39.01 crore. The same table shows adjusted EPS of 4.18 for that quarter.

Q1 FY26 actuals and management commentary highlights

For the quarter ended June 30, 2025 (Q1 FY26), the unaudited revenue from operations is listed at ₹982.47 crore. Net profit for the period is shown as ₹15.92 crore (also presented as ₹15.9 crore in the snapshot), with PBT at ₹22.4 crore and PAT margin at 1.6%. The narrative in the investor presentation notes that PAT degrowth was led by higher depreciation and finance costs related to the Bhiwadi expansion. The same note states the expansion is expected to generate ₹3,000+ crore in revenue at peak capacity. That linkage matters because it frames why profit growth may not always track revenue growth in the near term.

Results snapshot table: estimates vs base and latest quarter

Longer-term financial picture (annual statements in ₹ crore)

Annual income statement figures are presented in INR millions for 2024 to 2026, which convert to ₹ crore by dividing by 10. For FY2026, revenue is ₹5,176.65 crore, gross profit ₹447.04 crore, and net income ₹107.05 crore. For FY2025, revenue is ₹3,676.75 crore with net income ₹70.15 crore. For FY2024, revenue is ₹2,983.25 crore with net income ₹52.26 crore. These figures provide context for the quarterly swings and the scale of operations.

Balance sheet and cash flow signals to track

The balance sheet table (INR millions) converts to total assets of ₹1,993.51 crore in FY2026, up from ₹1,300.35 crore in FY2025. Total debt for FY2026 is ₹675.22 crore versus ₹304.92 crore in FY2025, indicating higher leverage in the period shown. Cash from operating activities is listed at -₹92.99 crore in FY2026, compared with +₹227.38 crore in FY2025, while cash used in investing activities is -₹150.73 crore in FY2026. These numbers do not explain drivers in the excerpt, but they set clear datapoints for readers to reconcile with expansion spend and working-capital movements when detailed filings are reviewed.

Company profile and disclosures referenced

Ram Ratna Wires Limited is described as an India-based manufacturer and supplier of winding wires in the electrical equipment industry, mainly enamelled copper wires. The registered office address is Ram Ratna House, Victoria Mill Compound, Pandurang Budhakar Marg, Worli, Mumbai 400013, India, with contact number +91 (22) 24924144. The leadership details listed include Chairman (Non-Executive) Tribhuvanprasad Kabra, Managing Director Mahendra Kumar Kabra, and Joint Managing Director Hemant Mahendrakumar Kabra. The dataset also notes the NSE symbol as RAMRAT and includes references to SEBI LODR Regulation 30 and 33 filings for unaudited results and investor presentations.

Market impact and why this quarter matters

The estimate framework points to a sharp YoY rise in Q1 FY27 because it is built off a Q1 FY26 base of ₹986 crore revenue and ₹16 crore net profit. At the same time, Q4 FY26 reported a much larger revenue base of ₹1,758.87 crore, so investors may pay attention to sequential movement from March to June. The Q1 FY26 disclosure already highlighted that higher depreciation and finance costs related to expansion can affect PAT even when revenue grows. That makes operating profit, PBT, and finance-cost trends important alongside the revenue headline. The stated Uniresearch 12-month target range of ₹491 to ₹544 is part of the market narrative in the excerpt, but it remains an estimate rather than a company guidance.

Conclusion

Ram Ratna Wires heads into the Q1 FY27 results window with estimates calling for revenue of ₹1,376 to ₹1,583 crore and PAT of ₹21 to ₹27 crore, both pegged at 50% YoY growth versus Q1 FY26. The latest disclosed quarter in the feed, Q4 FY26, reported consolidated revenue of ₹1,758.87 crore and PAT of ₹39.01 crore. Investors will likely compare the June 2026 quarter’s profitability against the expansion-linked cost commentary already flagged in Q1 FY26 disclosures. The next key milestone in the dataset is the July-August 2026 (indicative) results timeline referenced in the estimate table and Q1 FY27 preview.