Ram Ratna Wires Ltd (Copper Wires) — fundamental analysis, earnings data, and key metrics. PE: 31.7. ROE: 14.9%. This stock is not currently in the Nifty 500 momentum outperformers list.
Based on Q3 FY26 earnings • Updated Feb 22, 2026
What: Recent capacity expansion in copper tubes and winding wires segments contributing to 43.8% revenue growth
Impact: +₹300 Cr revenue
“Fixed assets surged to ₹376.65 crores in FY25 from ₹173.56 crores in FY24, indicating substantial capital expenditure on manufacturing infrastructure.”
What: Improved product mix driving EBITDA margin expansion by 120 bps
Impact: +₹50 Cr revenue
“EBITDA margin expanded by 120 basis points to 5.6%, up from 4.4% in Q3 FY25, indicating better operating leverage and cost management.”
Earnings deceleration risks from management commentary
Trigger: Continued capacity expansion requiring additional debt financing
Impact: -50 bps margin impact
Management view: Interest expenses climbed to ₹20.93 crores from ₹14.06 crores year-on-year, indicating higher working capital requirements and increased borrowings to fund the company's growth trajectory.
Monitor: Debt-to-Equity ratio
Trigger: Deteriorating debtors turnover ratio continues
Impact: -30 bps margin impact
Management view: The debtors turnover ratio of 7.61 times in H1 FY26 marked the lowest level in recent quarters, indicating slower receivables collection potentially linked to competitive payment terms.
Monitor: Debtors turnover ratio
Key quotes from recent conference calls
“Fixed assets surged to ₹376.65 crores in FY25 from ₹173.56 crores in FY24, indicating substantial capital expenditure on manufacturing infrastructure. — Management Commentary”
“Operating EBITDA surged by an impressive 84.9% to ₹72.0 crore from ₹38.9 crore a year ago. Consequently, the EBITDA margin expanded by 120 basis points to 5.6%, up from 4.4% in Q3 FY25, indicating better operating leverage and cost management. — Management Commentary”
“Consolidated performance was equally strong with revenue reaching ₹1,277.9 crores (+43.8% YoY) and operating EBITDA jumping 84.9% to ₹72.0 crores, driven by robust demand in copper tubes and winding wires segments. — Management Commentary”
Forward-looking targets from management for next 2-4 quarters
Key Milestones
• Capacity expansion completion
• Margin expansion targets
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Feb 22, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
Ram Ratna Wires Ltd's latest quarterly results (Dec 2025) show
Ram Ratna Wires Ltd's current PE ratio is 31.7x.
Ram Ratna Wires Ltd's price-to-book ratio is 5.5x.
Ram Ratna Wires Ltd's fundamental strength based on key financial ratios
Ram Ratna Wires Ltd has a debt-to-equity ratio of N/A.
Ram Ratna Wires Ltd's return ratios over recent years
Ram Ratna Wires Ltd's operating cash flow is positive (FY2025).
Ram Ratna Wires Ltd's current dividend yield is 0.42%.
Ram Ratna Wires Ltd's shareholding pattern (Dec 2025)
Ram Ratna Wires Ltd's promoter holding has decreased recently.
Ram Ratna Wires Ltd is an established outperformer with 1 weeks of consecutive Nifty 500 outperformance.
Ram Ratna Wires Ltd has 2 key growth catalysts identified from recent earnings analysis
Ram Ratna Wires Ltd has 2 key risks worth monitoring
In Q3 FY26, Ram Ratna Wires Ltd's management highlighted
Ram Ratna Wires Ltd's management has provided the following forward guidance for next 2-4 quarters
Based on quantitative research signals, here is why Ram Ratna Wires Ltd may be worth studying
Ram Ratna Wires Ltd investment thesis summary:
Ram Ratna Wires Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
