Ram Ratna Wires Ltd Share Price

EBITDA stood at Rs 72 crore in Q3 FY26, registering the growth of 84.9% compared with Rs 39 crore in Q3 FY25. EBITDA margin improved to 5.6% in Q3 FY26 as against 4.4% in Q3 FY25.

During the quarter 92% of revenue contributed from domestic region while 8% revenue came from exports.

Mahendrakumar Kabra, MD said, “We are delighted to report yet another quarter of exceptional performance, led by rising demandfor copper tubes driven by the growth in the HVAC industry. This segment has seen its contributionto revenues increase from 17% last year to 27% this quarter, driving profitability and underscoringour focus on expanding domestic capacity and reducing import reliance. To further strengthen thissegment, Inner Grooved Tube (IGT) manufacturing is currently in progress and at the evaluation stage.

At the same time, copper winding wires continue to benefit from India’s electrification push andthe rapid expansion of power transmission and distribution infrastructure, resulting in robustgrowth across our portfolio. Our consolidated revenue for this quarter grew by 43.8% year-on-year,with Operating EBITDA rising 84.9% and Profit After Tax improving 72.5%, reflecting operationalexcellence and disciplined execution.

Looking ahead, strong demand momentum supported by industry tailwinds and capacity additionswill continue to drive growth. In addition, developments in our joint venture and subsidiary areadvancing well and will further enhance our growth trajectory. We remain committed to deliveringsustainable value for all our stakeholders.”

Meanwhile, the company’s board approved the change in designation of Rajeev Maheshwari from the position of chief financial officer (CFO) of the company to senior vice president (Accounts & Taxation) with effect from April 01, 2026, consequent to this change Maheshwari will cease to be the CFO of the Company from the closure of business hours on March 31, 2026.

Additionally, the board approved the appointment of Iqbal Singh Saggu, as senior vice president (Finance) and CFO with effect from April 01, 2026.

Iqbal Singh Saggu is a qualified chartered accountant with over 23 years of experience in handling treasury department, plant & finance operations, strategic planning, capital structuring, and regulatory compliance with expertise in driving profitability and optimizing capital.

Ram Ratna Wires (RRWL) is a prominent part of RR Global, a leading conglomerate in the electrical and copper industry. The company manufactures super enameled copper winding wires in India that offers a wide range of sizes under its brand, RR Shramik.

EBITDA stood at Rs 72 crore in Q3 FY26, registering the growth of 84.9% compared with Rs 39 crore in Q3 FY25. EBITDA margin improved to 5.6% in Q3 FY26 as against 4.4% in Q3 FY25.

During the quarter 92% of revenue contributed from domestic region while 8% revenue came from exports.

Mahendrakumar Kabra, MD said, “We are delighted to report yet another quarter of exceptional performance, led by rising demandfor copper tubes driven by the growth in the HVAC industry. This segment has seen its contributionto revenues increase from 17% last year to 27% this quarter, driving profitability and underscoringour focus on expanding domestic capacity and reducing import reliance. To further strengthen thissegment, Inner Grooved Tube (IGT) manufacturing is currently in progress and at the evaluation stage.

At the same time, copper winding wires continue to benefit from India’s electrification push andthe rapid expansion of power transmission and distribution infrastructure, resulting in robustgrowth across our portfolio. Our consolidated revenue for this quarter grew by 43.8% year-on-year,with Operating EBITDA rising 84.9% and Profit After Tax improving 72.5%, reflecting operationalexcellence and disciplined execution.

Looking ahead, strong demand momentum supported by industry tailwinds and capacity additionswill continue to drive growth. In addition, developments in our joint venture and subsidiary areadvancing well and will further enhance our growth trajectory. We remain committed to deliveringsustainable value for all our stakeholders.”

Meanwhile, the company’s board approved the change in designation of Rajeev Maheshwari from the position of chief financial officer (CFO) of the company to senior vice president (Accounts & Taxation) with effect from April 01, 2026, consequent to this change Maheshwari will cease to be the CFO of the Company from the closure of business hours on March 31, 2026.

Additionally, the board approved the appointment of Iqbal Singh Saggu, as senior vice president (Finance) and CFO with effect from April 01, 2026.

Iqbal Singh Saggu is a qualified chartered accountant with over 23 years of experience in handling treasury department, plant & finance operations, strategic planning, capital structuring, and regulatory compliance with expertise in driving profitability and optimizing capital.

Ram Ratna Wires (RRWL) is a prominent part of RR Global, a leading conglomerate in the electrical and copper industry. The company manufactures super enameled copper winding wires in India that offers a wide range of sizes under its brand, RR Shramik.

The scrip rose 0.36% to settle at Rs 296.65 on the BSE.

The company stated that the Bhiwadi facility is expected to become a major growth driver for the company, strengthening Ram Ratna Wires manufacturing capabilities and enabling us to serve high-demand markets more efficiently. With an approved Eligible Fixed Capital Investment (EFCI) of Rs 186.77 crore under RIPS-2024, the plant will benefit from fiscal incentives that enhance operational efficiency and cost competitiveness, contributing to profitability and reinforcing our leadership position in the industry.

Mahendrakumar Kabra, managing director at Ram Ratna Wires, said – 'We are delighted to receive this approval under RIPS-2024 for our Bhiwadi plant. The incentives under the scheme will help us optimize costs and reinvest in technology and capacity expansion. The plant is well positioned to capitalize on the copper tube segment, which plays a crucial role in India’s rapidly growing air conditioning industry and offers significant growth opportunities. We are expecting considerable incremental revenue from the Bhiwadi plant starting this financial year, which will contribute meaningfully to profitability and strengthen the company’s growth trajectory.'

Ram Ratna Wires is a leading manufacturer of winding wires, mainly enamelled copper wires. The company offers unique product range of all gauges of winding wires including super fine wires. The product portfolio of the company includes enamelled copper wire and strips, enamelled aluminium wires and strips, submersible winding wires, fiber glass covered copper and aluminium strips and paper cover round wires.

The company's consolidated net profit climbed 17.7% to Rs 16.79 crore on 24.14% increase in revenue from operations to Rs 939.80 crore in Q2 FY25 over Q2 FY24.

Ram Ratna Wires announced that its Bhiwadi plant has been approved under the Rajasthan Investment Promotion Scheme (RIPS-2024). This approval entitles the company to receive Turnover Linked Incentive of 1.32% (in % of EFCI), along with Electricity Duty Exemption for 7 years and 25% Stamp Duty Reimbursement.

The Bhiwadi facility is expected to become a major growth driver for the company, strengthening Ram Ratna Wires' manufacturing capabilities and enabling us to serve high-demand markets more efficiently. With an approved Eligible Fixed Capital Investment (EFCI) of Rs 186.77 crore under RIPS-2024, the plant will benefit from fiscal incentives that enhance operational efficiency and cost competitiveness, contributing to profitability and reinforcing our leadership position in the industry.