NewsEarningsRatnaveer Precision Engineering Reports Strong Q1 FY2026 Results, Confirms Proper Utilization of Warrant ProceedsRatnaveer Precision Engineering Reports Strong Q1 FY2026 Results, Confirms Proper Utilization of Warrant Proceeds
Ratnaveer Precision Engineering Limited announced robust Q1 FY2026 financial results with revenue from operations increasing by 29.58% YoY to Rs 2,646.23 million. Profit After Tax rose by 19.48% to Rs 149.45 million. The company also confirmed appropriate utilization of proceeds from its recent warrant issue, with no deviations reported. Domestic segment remained the primary revenue driver. Managing Director Vijay Sanghavi highlighted the company's resilience and growth potential.
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Ratnaveer Precision Engineering Limited , a leading player in the precision engineering sector, has reported robust financial results for the first quarter of fiscal year 2026, while also confirming the appropriate use of proceeds from its recent warrant issue.
Q1 FY2026 Financial Highlights
The company's unaudited standalone financial results for the quarter ended June 30, 2025, showcase significant growth:
| Particulars (Rs in Million) | Q1 FY2026 | Q1 FY2025 | YoY Growth |
|---|---|---|---|
| Revenue from Operations | 2,646.23 | 2,042.19 | 29.58% |
| Total Revenue | 2,649.06 | 2,048.32 | 29.33% |
| EBITDA | 273.08 | 242.14 | 12.78% |
| Profit Before Tax | 179.50 | 174.48 | 2.88% |
| Profit After Tax | 149.45 | 125.08 | 19.48% |
| EPS (Basic & Diluted) (Rs) | 2.97 | 3.06 | -2.94% |
Ratnaveer Precision Engineering has demonstrated strong top-line growth, with revenue from operations increasing by 29.58% year-over-year. The company's profit after tax also saw a notable rise of 19.48% compared to the same quarter last year.
Segment Performance
The company's domestic segment continued to be the primary revenue driver:
- Domestic revenue: Rs 2,488.84 million
- International revenue: Rs 157.39 million
Warrant Proceeds Utilization
In a separate disclosure, Ratnaveer Precision Engineering confirmed that there has been no deviation or variation in the use of proceeds from warrants issued on a preferential basis for the quarter ended June 30, 2025. The company had raised approximately Rs 29 crore through preference issue warrants on September 5, 2024, with Rs 7.25 crore received from investors.
The allocation of funds was as follows:
- Working capital requirements: Rs 15.66 crore
- Expansion of business: Rs 6.67 crore
- General corporate purposes: Rs 6.67 crore
During the quarter, the company utilized:
- Rs 0.58 crore for working capital
- Rs 6.67 crore for general corporate purposes
The Audit Committee reviewed the statement and provided no comments on the fund utilization, indicating compliance with the stated objectives.
Management Commentary
Vijay Sanghavi, Managing Director and CFO of Ratnaveer Precision Engineering Limited, stated, "Our first quarter results for FY2026 demonstrate the company's resilience and growth potential. We have seen substantial revenue growth and improved profitability. The proper utilization of warrant proceeds aligns with our commitment to transparency and strategic growth initiatives."
The company's board of directors approved these results in a meeting held on July 28, 2025. Pankaj Shah & Associates, the statutory auditors, have carried out a limited review of the financial results in accordance with SEBI regulations.
Ratnaveer Precision Engineering Limited continues to focus on strengthening its market position and driving sustainable growth in the precision engineering sector.
Historical Stock Returns for Ratnaveer Precision Engineering
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.82% | +0.12% | -2.97% | +1.59% | -32.51% | +12.43% |
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