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Ram Ratna Wires Ltd (RAMRAT)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 522281 NSE: RAMRAT Electric Equipment | Small Cap | Ram Ratna Wires Share Price

₹390.35 -11.75 (-2.92%)

As on 05-Jun'26 16:59

Ram Ratna Wires Ltd (RAMRAT)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 522281 NSE: RAMRAT Electric Equipment | Small Cap | Ram Ratna Wires Share Price

₹390.35 -11.75 (-2.92%)

As on 05-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹3,644 Cr.
Current Price
₹390.4
52-Week Low / High
₹269 / 520
TTM EPS
₹11.6
TTM Sales
₹5,076 Cr.
Book Value per Share
₹62.9
P/E Ratio
33.64
Higher than its 5-year historical median
Industry PE
56.3
Price to Book (P/B)
6.21
Higher than its 5-year historical median
Price to Sales (P/S)
0.72
Higher than its 5-year historical median
EV/EBITDA
15.71
Higher than its 5-year historical median
Dividend Yield
0.46%
Profitability Efficiency
Return on Equity (ROE)
15.61%
Outperforms industry median
Return on Capital Employed (ROCE)
21.30%
Outperforms industry median
Return on Assets (ROA)
6.52%
Operating Profit Margin
4.2%
Net Profit Margin
1.98%
Gross Profit Margin
3.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
22.42%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
25.39%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
19.59%
Asset Quality
Promoter Holding
69.30%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹540 Cr.
Equity
₹46.7 Cr.
Face Value
₹5
All Time Low / High
₹0.18 / 519.90

Ram Ratna Wires stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Overvalued

Price Trend

Semi Strong
Q.1 Is Ram Ratna Wires Ltd a good quality company?
Ram Ratna Wires Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Ram Ratna Wires Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Ram Ratna Wires Ltd vs industry peers?
Ram Ratna Wires Ltd revenue CAGR is 23.61%, compared to the industry median CAGR of 13.01%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Ram Ratna Wires Ltd?
Promoters hold 69.30% of the Ram Ratna Wires Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Ram Ratna Wires Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 46.1% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Ram Ratna Wires Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 15.4%19.3%17%11.8%9.1%8.2%17.6%17.3%21.1%21.3%-
Value Creation
Index
0.10.40.2-0.2-0.4-0.40.30.20.50.5-

Growth Parameters

Sales 7198011,0271,2501,2551,3872,0132,3282,9593,6235,076
Sales YoY Gr.-11.4%28.3%21.7%0.4%10.5%45.1%15.7%27.1%22.4%-
Adj EPS 12.52.91.71.51.65.34.86.47.511.6
YoY Gr.-140.2%18.8%-40.9%-12.8%3.3%241.3%-8.9%32.6%17.5%-
BVPS (₹) 8.414.218.920.720.122.430.134.649.155.362.9
Adj Net
Profit
921.525.615.213.213.646.542.456.266.1108
Cash Flow from Ops. 24.620.61.6-3.464.3-37.115268.4142225-
Debt/CF from Ops. 4.77.2136-79.73.7-8.31.32.81.51.2-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 19.7%23.6%21.6%22.4%
Adj EPS 24.8%38%12.4%17.5%
BVPS23.3%22.4%22.5%12.6%
Share Price 43.9% 71.5% 44.2% 13.2%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
12.821.717.68.77.47.320.114.915.214.319.6
Op. Profit
Mgn %
4.76.36.14.94.23.74.544.14.24.9
Net Profit
Mgn %
1.32.72.51.21.112.31.81.91.82.1
Debt to
Equity
1.61.21.31.51.41.60.80.60.50.60.4
Working Cap
Days
7074828689907472696735
Cash Conv.
Cycle
555558637176524031214

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales7198011,0271,2501,2551,3872,0132,3282,9593,623
Operating Expenses + 6857519641,1891,2031,3351,9232,2362,8383,470
Manufacturing Costs333738515555607695105
Material Costs6306858951,1011,1041,2441,8122,1092,6723,280
Employee Cost 16182126292831344856
Other Costs 610101115920172329
Operating Profit 3450636153529092121152
Operating Profit Margin (%) 4.7%6.3%6.1%4.9%4.2%3.7%4.5%3.9%4.1%4.2%
Other Income + 2334421281718
Exceptional Items 0000000000
Interest 14111425232021263952
Depreciation 781015171616161820
Profit Before Tax 14334224161865578198
Tax 5121582416142126
Profit After Tax 9222716141449436072
PAT Margin (%) 1.3%2.7%2.6%1.3%1.1%1.0%2.4%1.8%2.0%2.0%
Adjusted EPS (₹)1.12.53.01.81.61.55.54.96.88.1
Dividend Payout Ratio (%)17.70%12.60%10.40%17.20%7.70%16.30%22.60%25.60%36.70%15.40%

Valuation of Ram Ratna Wires - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 74125166183177197265304432487
Share Capital 11111111111111222222
Reserves 63114155172166186254282410465
Debt +114148209253216287185180189251
Long Term Debt122947524973826296188
Short Term Debt1021191622021672141041189362
Minority Interest0000000000
Trade Payables54036452242127186242414
Others Liabilities 172649525250484968118
Total Liabilities 2103384605344675776247199301,269

Fixed Assets

Net Fixed Assets +5072114141140130118109191365
Gross Block9580132174190196200205303495
Accumulated Depreciation458183350668297111130
CWIP 2151002027114
Investments 3417657374977966457
Inventories194032857911393143186222
Trade Receivables113148196204189260288306319369
Cash Equivalents 3144822972423
Others Assets 1924333722223758119120
Total Assets 2103384605344675776247199301,269

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 25212-364-3715268142225
PBT 14334224161865578198
Adjustment 20212339433734404965
Changes in Working Capital -5-20-51-599-8770-144183
Tax Paid -5-13-13-8-5-5-16-15-29-22
Cash Flow From Investing Activity + -11-31-64-15-16-11-11-13-6-246
Capex -13-31-53-35-16-8-12-15-98-220
Net Investments 1-0-319-0-0-111041
Others 10-900-311-12-27
Cash Flow From Financing Activity + -14215222-5549-135-52-110-17
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 01627106228-191193
Interest Paid -14-11-15-24-22-19-20-25-38-49
Dividend Paid -50-3-3-3-1-2-11-22-11
Others 4164439-3547-1214-61-50
Net Cash Flow -111-104-616327-38

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)13.3322.0418.239.167.937.2121.0515.0816.2915.61
ROCE (%)15.4319.2517.0411.769.098.217.5617.2821.0721.3
Asset Turnover Ratio3.813.252.642.522.512.663.353.473.593.3
PAT to CFO Conversion(x)2.780.950.07-0.194.57-2.643.11.582.373.13
Working Capital Days
Receivable Days52.3053.5059.5058.4057.105949.7046.5038.5034.60
Inventory Days7.8012.1012.401723.8025.1018.7018.5020.3020.50
Payable Days5.5011.8015.4013.4011.109.50172729.2036.50

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Ram Ratna Wires Ltd FAQs

The current trading price of Ram Ratna Wires on 05-Jun-2026 16:59 is ₹390.4.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Jun-2026 the market cap of Ram Ratna Wires stood at ₹3,643.9 Cr

The latest P/E ratio of Ram Ratna Wires as of 04-Jun-2026 is 33.64.

The latest P/B ratio of Ram Ratna Wires as of 04-Jun-2026 is 6.21.

The 52-week high of Ram Ratna Wires is ₹519.9 and the 52-week low is ₹269.1.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ram Ratna Wires is ₹5,076 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Ram Ratna Wires Ltd is a average quality company.

The key valuation ratios of Ram Ratna Wires Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Ram Ratna Wires Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Ram Ratna Wires Ltd

The company was originally incorporated as Ram Ratna Winding Wires Pvt. Limited on July 21, 1992. Subsequently the company was converted from private limited to public limited and changed its name to Ram Ratna Wires Ltd.

The company is engaged in manufacturing of enamelled copper winding wires. Its products include modified polyester copper wires, polyesterimide wires, polyurethane self solderable wires and dual coated wires.

It all started with the dream of an inspired man determined to realize his vision. A very humble beginning was made. The Group Chairman, Rameshwarlal Kabra, established a small electrical trading shop in the city of Bombay. His simple strategy was to work hard, establish, consolidate and then move into manufacturing. Growth was slow and steady. Four decades and seven companies later, today the Group is among the market leaders in this segment.

What began with an unwavering trust in one's own abilities has now extended into a total philosophy of trust, apparent on both sides of the table in any business transaction of the Group. Ram Ratna Group is not only a leading business house but also an entity which has been deeply conscious of its social responsibilities as well. It truly believes that each citizen is obliged to contribute towards the wellbeing and welfare of the society in which he lives and thrives. Fuelled by a relentless pursuit of innovation, the consolidation of trust and goodwill earned through performance and business ethics and absolute transparency in its operations, today, apart from empowering India's domestic progress, the products manufactured by the Ram Ratna Group companies have a presence in over 73 countries around the world, where Ram Ratna operates in the spirit of a 'local multinational'.  

Product range of the company includes:

  • Enamelled copper winding wires
  • Modified polyester copper wires
  • Polyesterimide wires
  • Polyurethane self solderable wires
  • Dual coated wires.

Achievements/ recognition:

  • ISO 9001:2008
  • ISO 14001:2004
  • ISO 18001:2007
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