RATNAVEER
Ratnaveer Precision Engineering Limited
NSELast Traded Price
₹294
-0.89 (-0.3%)
Open
₹297.4
High
₹305.25
Low
₹291
Prev Close
₹294.89
Industry
Iron & Steel Products
Market Cap
2467.43 Cr
Filing History
Recent corporate announcements and filings for RATNAVEER
Financials
Positive
2026-08-26 19:00
- Ratnaveer Precision Engineering Limited announced a Rights Issue of 1,24,99,669 fully paid-up Equity Shares. Issue Price: ₹264 per share (including premium), aggregating ₹329.99 Crores. Rights Ratio: 7 shares for every 40 shares held. Record Date: August 26, 2026. Issue opens September 2, 2026 and closes September 9, 2026.
Business Update
Neutral
2026-08-26 18:04
- Board meeting on August 26, 2026, approved the Rights Issue schedule.
- Rights Issue to open on September 02, 2026, and close on September 09, 2026.
- ISIN for Rights Entitlement (RE) is INE05CZ20011.
Governance
Neutral
2026-08-20 19:17
- Board met Aug 20, 2026, approving key appointments.
- Mrs. Seema Sanghavi appointed Whole Time Director for 5 years.
- M/s. Bhadresh K Mehta & Co appointed Internal Auditor for FY27.
- M/s. Ashish Bhavsar & Associates appointed Cost Auditor for FY27.
- M/s. Pankaj R Shah & Associates re-appointed Statutory Auditors for 5 years.
- All approvals are subject to shareholder consent.
Governance
Neutral
2026-08-20 19:17
- The Board of Directors approved the appointment of Mrs. Seema Sanghavi as Whole Time Director for five years from August 20, 2026 to August 19, 2031.
- M/s. Bhadresh K Mehta & Co was appointed as Internal Auditor for FY 2026-27.
- M/s. Ashish Bhavsar & Associates was appointed as Cost Auditor for FY 2026-27.
- M/s. Pankaj R Shah & Associates was re-appointed as Statutory Auditors for a second term of five consecutive years.
Governance
Neutral
2026-08-20 19:17
- Board approved appointments on Aug 20, 2026: Mrs. Seema Sanghavi as Whole Time Director for 5 years.
- M/s. Bhadresh K Mehta & Co as Internal Auditor for FY27.
- M/s. Ashish Bhavsar & Associates as Cost Auditor for FY27.
- M/s. Pankaj R Shah & Associates re-appointed as Statutory Auditors for a second 5-year term.
Governance
Positive
2026-08-20 19:17
- Board approved the appointment of Mrs. Seema Sanghavi as Whole Time Director for 5 years (20.08.2026 to 19.08.2031).
- M/s. Bhadresh K Mehta & Co and M/s. Ashish Bhavsar & Associates appointed as Internal and Cost Auditors, respectively, for FY 2026-27.
- M/s. Pankaj R Shah & Associates re-appointed as Statutory Auditors for a second 5-year term.
Ownership
Positive
2026-08-20 17:53
- Record Date for Rights Issue fixed as Wednesday, 26th August, 2026.
- Shareholders will be entitled to receive 7 Rights Equity Shares for every 40 fully paid-up Equity Shares held.
Ownership
Positive
2026-08-20 17:29
- The Board of Directors approved a Rights Issue.
- Issue of 1,24,99,669 Equity Shares at ₹264 per share, aggregating ₹3,29,99,12,616.
- Record Date for Rights Issue: August 26, 2026.
- Rights Entitlement Ratio: 7 Rights Shares for every 40 Equity Shares held.
Routine
Neutral
2026-08-18 18:31
- The trading window for dealing in Ratnaveer Precision Engineering Limited's securities is closed from August 18, 2026.
- It will reopen 48 hours after the conclusion of the meeting scheduled for August 20, 2026.
Governance
Neutral
2026-08-10 18:55
- Members approved the appointment of Mr. Kashyap Ashwinbhai Shah as an Independent Director for 5 consecutive years.
- The resolution passed with 99.98% votes in favour via remote e-voting (postal ballot).
Financials
Positive
2026-07-29 16:06
- Consolidated Revenue ₹314.635 Cr vs ₹264.623 Cr (▲18.9% YoY)
- EBITDA ₹32.184 Cr vs ₹27.025 Cr (▲19.1% YoY)
- PAT ₹18.237 Cr vs ₹14.946 Cr (▲22.0% YoY)
- EBITDA Margin 10.23% vs 10.21% (▲2bps)
Financials
Positive
2026-07-27 09:25
- Consolidated Revenue ₹314.64Cr vs ₹264.62Cr (▲18.9% YoY)
- EBITDA ₹35.98Cr vs ₹27.31Cr (▲31.7% YoY)
- PAT ₹18.24Cr vs ₹14.95Cr (▲22.0% YoY)
- EBITDA Margin 11.43% vs 10.32% (▲111bps)
Business Update
Positive
2026-07-27 09:21
- Consolidated Revenue ₹3,146.35 Mn vs ₹2,646.23 Mn (▲18.90% YoY)
- EBITDA ₹359.75 Mn vs ₹273.08 Mn (▲31.74% YoY)
- PAT ₹182.37 Mn vs ₹149.46 Mn (▲22.02% YoY)
- EBITDA Margin 11.43% vs 10.32% (▲111bps)
- Copper Clad Laminate (CCL) Project is ~60% complete, with commercial production targeted for November 2026.
- Credit ratings upgraded by Infomerics to IVR A- (Stable) for long-term and IVR A2+ for short-term.
- Received in-principle approval for the proposed ₹472.34 Cr CCL Project under the Gujarat Electronics Policy.
- Received in-principle approvals for a Rights Issue of up to ₹330 Crore.
Financials
Positive
2026-07-24 16:59
- Consolidated Revenue ₹314.64Cr vs ₹264.62Cr (▲18.9% YoY)
- EBITDA ₹28.39Cr vs ₹27.03Cr (▲5.1% YoY)
- PAT ₹18.24Cr vs ₹14.95Cr (▲22.0% YoY)
- EBITDA Margin 9.0% vs 10.2% (▼120bps)
Governance
Positive
2026-07-17 10:29
- Ratnaveer Precision Engineering Limited received in-principle approval from NSE and BSE on July 16, 2026.
- The approval is for a proposed Rights issue aggregating up to Rs. 330 Crores.
Governance
Neutral
2026-07-09 17:34
- Ratnaveer Precision Engineering Limited issued a Postal Ballot Notice for shareholder approval of Mr. Kashyap Ashwinbhai Shah's appointment as an Independent Director for a 5-year term from May 12, 2026 to May 11, 2031.
- The remote e-voting period is from July 10, 2026, to August 08, 2026.
- Results will be declared on or before August 11, 2026.
Ownership
Neutral
2026-06-25 19:01
- Trading window for dealing in company securities closed with immediate effect from July 1, 2026.
- Closure is until 48 hours after the declaration of unaudited financial results for Q1 FY27 (ended June 30, 2026) as per SEBI PIT Regulations.
- Board meeting date for results approval will be intimated later.
Business Update
Neutral
2026-06-24 18:39
- Outcome of Analyst/Institutional Investor Meeting held on June 23, 2026, from 04:00 P.M. to 06:50 P.M.
- Company officials met virtually with Fintrekk Capital in a one-on-one session.
- Discussions were based solely on publicly available information, with no Unpublished Price Sensitive Information (UPSI) shared.
Business Update
Neutral
2026-06-20 18:08
- Ratnaveer Precision Engineering Limited conducted an analyst/institutional investor meeting and plant visit on June 20, 2026, as a follow-up to the intimation on June 17, 2026.
- No unpublished price sensitive information was shared with the investors during the meeting.
Business Update
Neutral
2026-06-18 18:33
- Concall Schedule
- Concall Date: Tuesday, 23rd June, 2026
- Concall Time: 04:00 PM (IST)
Business Update
Neutral
2026-06-17 19:18
- Plant Visit Schedule for Analysts/Investors
- Date: Saturday, 20th June, 2026
- Time: 11:00 AM to 03:00 PM (IST)
Ownership
Neutral
2026-06-12 19:23
- Ratnaveer Precision Engineering Limited applied for in-principle approval for a proposed Rights Issue of Equity Shares, following Board approval on June 11, 2026.
- A processing fee of ₹8,91,000/- was remitted to NSE on June 12, 2026.
- Crisil Ratings Limited has been appointed as the monitoring agency for the issue.
Ownership
Positive
2026-06-11 19:01
- Board of Directors approved a Rights Issue of fully paid Equity Shares aggregating up to ₹330.00 Crores.
- Face value of shares is ₹10.00 each.
- A "Rights Issue Committee" has been formed to finalize the terms and conditions of the Rights Issue.
Governance
Positive
2026-06-11 17:09
- The Board of Directors, at its meeting on June 11, 2026, approved a Rights Issue to raise up to ₹330 Crores.
- A 'Rights Issue Committee' was formed to decide matters relating to the Rights Issue, including terms and conditions.
Routine
Neutral
2026-06-08 18:42
New Filing detected. See link for details.
Governance
Positive
2026-06-04 15:43
- Members approved an alteration to the Memorandum of Association at an EGM on May 30, 2026.
- The company's authorized share capital has been increased from ₹85 Crores to ₹113 Crores.
- This increase is divided into 11,00,00,000 Equity Shares and 30,00,000 Preference Shares of ₹10/- each.
Governance
Positive
2026-06-01 18:57
- Voting results of the Extraordinary General Meeting (EGM) held on May 30, 2026, were declared on June 01, 2026.
- Members approved the increase in the authorized share capital and consequential alteration of the Memorandum of Association.
- The appointment of Mrs. Seema Vijay Sanghavi as an Executive Director was also approved.
Governance
Neutral
2026-05-30 19:08
Ratnaveer Precision Engineering Limited held its 1st Extraordinary General Meeting (EGM) on May 30, 2026, via Video Conferencing. The meeting discussed and put to vote two special resolutions: to increase the Authorised Share Capital of the company and to approve the appointment of Mrs. Seema Vijay Sanghavi as an Executive Director. E-voting facilities were provided for members, and the meeting concluded at 12:34 p.m. IST.
Business Update
Positive
2026-05-21 17:59
Management provided an optimistic outlook, guiding for a consolidated top line of ₹2,500-2,550 crores within 2-3 years (FY27-FY28). This is driven by 25% CAGR growth in the existing stainless steel business (targeting ₹1,800 crores in 3 years) and the new Copper Clad Laminates (CCL) business, which is expected to add ₹750 crores top line in the next 2 years. The CCL project, with an estimated total requirement of ₹650 crores (₹400 Cr Capex + ₹250 Cr working capital), is projected to commence production by November 2026. Consolidated EBITDA margin is guided at 13-14%, and PAT margin at 9.7-10.5%. The company benefits from strong demand in the semiconductor and PCB industries and government subsidies. While FY26 saw negative operating cash flow of ₹48 crores and increased receivables, management attributed these to strategic capital expenditure and new product launches, expecting normalization as the new business scales.
Routine
Neutral
2026-05-14 23:43
New Filing detected. See link for details.
Governance
Neutral
2026-05-13 00:56
Ratnaveer Precision Engineering Limited's Board of Directors, in its meeting held on May 12, 2026, approved the appointment of Mr. Kashyap Shah (DIN: 02167256) as an Additional Director in the capacity of an Independent Director. His term will be for 5 consecutive years, effective from May 12, 2026, subject to shareholder approval. Mr. Shah is a seasoned Company Secretary with over 20 years of experience in corporate advisory, compliance, and restructuring.
Business Update
Positive
2026-05-12 23:54
Ratnaveer Precision Engineering Ltd announced its Copper Clad Laminates (CCL) project, approved under ECMS, with an investment of ₹338 crore over 3 years. The facility in Vadodara, Gujarat, will have an annual capacity of 1.6 million FR-4 grade CCL sheets. Positioned as India's 1st fully integrated high-volume CCL manufacturer, the project aims to strengthen India's electronics and PCB ecosystem through import substitution and cater to growing demand. The company also maintains an A- Stable credit outlook.
Financials
Positive
2026-05-12 20:14
Ratnaveer Precision Engineering Limited declared that its Statutory Auditors, M/s. Pankaj R. Shah & Associates, have issued an Unmodified Opinion on the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026.
Ownership
Positive
2026-05-12 19:39
The Board approved the allotment of 34,31,446 equity shares to Promoter Category individuals (Mr. Vijay Sanghvi and Mrs. Seema Vijay Sanghavi group) upon conversion of warrants at an issue price of ₹159.25/- per share. This transaction resulted in a capital infusion of ₹40.98 crore (being 75% of the issue price). Post-allotment, the company's paid-up equity share capital increased to ₹71.43 crore, comprising 7,14,26,681 shares. The board also approved the Audited Financial Results for Q4 and FY ended March 31, 2026, though the detailed results are not provided in this excerpt.
Financials
Positive
2026-05-12 19:29
Standalone Revenue ₹249.0Cr vs ₹203.1Cr (▲22.6% YoY), EBITDA ₹28.3Cr vs ₹16.7Cr (▲69.2% YoY), PAT ₹17.0Cr vs ₹10.7Cr (▲59.0% YoY) for Q4 FY26. EBITDA Margin 11.4% vs 8.2% (▲313bps). The board also approved the allotment of 34,31,446 equity shares upon conversion of warrants to promoter entities at ₹159.25/- per share, increasing the paid-up capital.
Business Update
Neutral
2026-05-09 19:44
Ratnaveer Precision Engineering Limited announced an investor meeting/earnings call for Q4 & FY26 on May 14, 2026, starting 4:00 PM IST. The purpose is for investors to interact with management and discuss the company's financial performance and outlook. The company stated that no Unpublished Price Sensitive Information (UPSI) will be shared during this meeting.
Governance
Neutral
2026-05-06 19:08
Ratnaveer Precision Engineering Limited announced an Extraordinary General Meeting (EGM) to be held on May 30, 2026, via video conferencing. The EGM will seek shareholder approval for two key resolutions: increasing the company's authorized share capital from ₹85 crores to ₹113 crores and appointing Mrs. Seema Vijay Sanghavi as an Executive Director for a five-year term.
Governance
Negative
2026-05-01 19:34
Ratnaveer Precision Engineering Limited announced the resignation of Ms. Binita Veridia from the post of Non-Executive Non-Independent Director. Her resignation was tendered on May 1st, 2026, and is effective from May 27th, 2026, citing personal commitments as the reason. She confirmed there are no other material reasons for her resignation.
Governance
Neutral
2026-04-28 18:35
Ratnaveer Precision Engineering Limited announced on April 28, 2026, that Mrs. Seema Vijay Sanghavi, appointed as Executive Director, is not debarred from holding the office of director by virtue of any SEBI order or other authority. This filing is made in compliance with SEBI circulars.
Governance
Positive
2026-04-28 17:52
The Board approved increasing authorized share capital to ₹113 Cr and raising up to ₹330 Cr through various modes. An EGM will be held on May 30, 2026, to seek shareholder approval. Mrs. Seema Vijay Sanghavi was appointed Executive Director for 5 years, effective April 28, 2026.
Governance
Positive
2026-04-28 17:47
Board approved increasing Authorised Share Capital from ₹85 Cr to ₹113 Cr and raising funds up to ₹330 Cr via various modes, subject to shareholder approval. Mrs. Seema Vijay Sanghavi was appointed as Executive Director for 5 years. An EGM will be held on May 30, 2026, for shareholder approvals.
Governance
Positive
2026-04-28 17:38
Board approved increasing authorized share capital, fund-raising up to ₹330 Cr via various securities, and appointing Mrs. Seema Vijay Sanghavi as Executive Director for 5 years. An EGM will be held on May 30, 2026, for necessary shareholder approvals.
Governance
Positive
2026-04-28 16:58
Board approved increasing Authorised Share Capital to ₹113Cr from ₹85Cr and raising funds up to ₹330Cr via various modes, subject to EGM on May 30, 2026. Mrs. Seema Vijay Sanghavi was appointed as an Additional Director (Executive Director) for 5 years.
Business Update
Positive
2026-04-24 17:06
Ratnaveer Precision Engineering Limited's credit rating for Long Term Bank Facilities was upgraded by Infomerics to IVR A-/Stable from IVR BBB+/Positive. Short Term Bank Facilities were upgraded to IVR A2+ from IVR A2, reflecting improved creditworthiness.
Routine
Neutral
2026-04-07 18:37
Ratnaveer Precision Engineering Limited submitted the Confirmation Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, for the fourth quarter ended March 31, 2026. The certificate from MUFG Intime India Pvt. Ltd. confirms the proper handling of dematerialization requests.
Business Update
Positive
2026-03-31 14:56
Ratnaveer Precision Engineering Limited received approval under the Electronics Component Manufacturing Scheme (ECMS) for a Copper Clad Laminates project. The company will invest ₹338 Crores over the next 3 years to establish a manufacturing facility in Vadodara, Gujarat, with commercial operations expected by November 2026.
Routine
Neutral
2026-03-26 12:25
New Filing detected. See link for details.
Ownership
Positive
2026-03-12 16:59
Board approved allotment of 1,24,772 equity shares at Rs. 148.27/share via preference share conversion, increasing capital. Also, 72,32,704 warrants were preferentially allotted to promoters/group at Rs. 159.25/warrant, convertible to equity within 18 months.