Ram Ratna Wires fixes July 22 record date for ₹2.50 dividend

Ram Ratna Wires has fixed Wednesday, July 22, 2026 as the record date for the payment of a final dividend of ₹2.50 per equity share. The dividend, amounting to 50% of the face value of ₹5.00 per share, is for the financial year 2025-26 and is subject to the approval of shareholders at the ensuing Annual General Meeting. The company aims to disburse the dividend on or before September 01, 2026, subject to tax deduction at source.

The Board of Directors at its meeting held on Tuesday, May 26, 2026, recommended the dividend. The record date determination is pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements), 2015. Only members whose names appear in the Register of Members or the Register of Beneficial Owners maintained by the depositories as on the record date will be eligible for the payout.

34th Annual General Meeting

The 34th Annual General Meeting of the Company will be held on Tuesday, August 04, 2026 at 11:30 A.M. through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The meeting is being held pursuant to the General Circular No. 03/2025 dated September 22, 2025 issued by the Ministry of Corporate Affairs and applicable SEBI circulars. The Notice of the AGM along with the Annual Report for FY 2025-26 will be sent electronically to members whose email addresses are registered with the Company or Depository Participants.

The Company has intimated the exchanges regarding the publication of the AGM notice in the Financial Express (All India edition), Loksatta (Mumbai edition), and Jansatta (Delhi edition) on July 03, 2026. The information is also hosted on the company's website.

Dividend Details

Scrip Code	Type of Security	Record Date	Purpose
NSE: RAMRAT BSE: 522281	Equity Shares	Wednesday, July 22, 2026	Determination of Members eligible for payment of dividend of ₹2.50/- per equity share (i.e., 50% of the face value) for financial year 2025-26, subject to the approval of the Members at the ensuing AGM.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.15%	+1.44%	+10.46%	+32.97%	+26.44%	+599.46%

Ram Ratna Wires reported a 54.7% year-on-year increase in net profit to ₹108.6 crore for the financial year ended March 31, 2026, driven by a 40.8% rise in revenue from operations to ₹5,176.6 crore. The company's operating EBITDA surged 68.7% to ₹263.6 crore, with EBITDA margins expanding to 5.1% from 4.3% in the previous year. The Board of Directors approved the audited standalone and consolidated financial results at a meeting held on May 26, 2026.

Quarterly Performance

For the quarter ended March 31, 2026, consolidated net profit stood at ₹39.2 crore compared to ₹18.7 crore in the same period last year, while revenue from operations grew 83.2% year-on-year to ₹1,752.9 crore. Q4 EBITDA came in at ₹93.2 crore versus ₹45.3 crore in the year-ago period, with the EBITDA margin expanding to 5.3% from 4.7% year-on-year. Sequentially, Q4 revenue increased 37.2% and PAT rose 24% over the preceding quarter. The company's basic earnings per share (EPS) for the year increased to ₹11.48 from ₹7.53 in the prior year.

The table below summarises key financial metrics across the quarter and full year:

Particulars (₹ Cr.)	Q4 FY26	Q4 FY25	Y-o-Y	FY26	FY25	Y-o-Y
Revenue from Operations	1,752.9	956.7	+83.2%	5,176.6	3,676.7	+40.8%
Operating EBITDA	93.2	45.3	+105.5%	263.6	156.3	+68.7%
EBITDA Margin	5.3%	4.7%	—	5.1%	4.3%	—
Consolidated Net Profit	39.2	18.7	+110.2%	108.6	70.2	+54.7%

Dividend and Shareholder Returns

The Board recommended a dividend of ₹2.50 per equity share, representing 50% of the face value of ₹5 each, for the financial year ended March 31, 2026. This dividend is subject to the approval of shareholders at the 34th Annual General Meeting scheduled for August 04, 2026. Return on capital employed (ROCE) improved to approximately 25%, while return on equity (ROE) reached around 21%.

Business Drivers and Strategic Highlights

Management attributed the strong performance to robust domestic demand in power and infrastructure sectors, along with strategic diversification. The contribution of Copper Tubes and Pipes to the product mix increased from 14% to 22%, reflecting the company's focus on expanding its higher-margin product portfolio. The company noted that full-range Level Wound Coil (LWC) production successfully commenced, while Inner Grooved Tubes (IGT) production is currently in progress.

Auditor's Report and Disclosures

The statutory auditors, Bhagwagar Dalal & Doshi, issued an unmodified opinion on the audited standalone and consolidated financial results for the year ended March 31, 2026. The auditor's report included an emphasis of matter regarding a tax demand of ₹6,790.77 lakh, excluding interest of ₹3,149.05 lakh, raised by the Income Tax Department for Assessment Years 2021-22 to 2024-25 following a search and seizure action. Appeals against these demands are pending before the Commissioner of Income Tax (Appeals), and the management has not made any adjustments in the financial statements, believing the position is legally sustainable. Additionally, the company recognised an exceptional liability of ₹3.33 crore towards an increase in gratuity liability due to the notification of new labour codes.