Ratnaveer Precision Engineering Limited has filed its quarterly statement confirming no deviation or variation in the utilisation of funds raised through its Qualified Institutional Placement (QIP) for the quarter ended December 31, 2025. The statement was submitted to both NSE and BSE in compliance with Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

QIP Fund Raising Details

The company successfully raised Rs.185.50 crores through QIP on December 4, 2025. During the quarter ended December 31, 2025, the company utilised Rs.29.50 crores from the total proceeds, representing approximately 15.90% of the funds raised.

Fund Utilisation Breakdown

The QIP proceeds were allocated across three primary objects, with the majority earmarked for working capital requirements. The detailed utilisation pattern shows strategic deployment of funds in line with the original allocation plan.

Regulatory Compliance and Monitoring

The statement was duly reviewed by the company's Audit Committee, which provided no adverse comments on the fund utilisation. The company has appointed Crisil Rating Limited as the monitoring agency to oversee the deployment of QIP proceeds. Both the Audit Committee and auditors have confirmed no deviations from the stated objects.

The filing was signed by Vijay Sanghavi, Managing Director (DIN: 00495922), on January 31, 2026, ensuring timely compliance with regulatory requirements. The company confirmed that all funds have been utilised strictly in accordance with the objects stated in the Notice to shareholders, maintaining transparency in fund deployment.

Fund Deployment Strategy

The utilisation pattern indicates a measured approach to fund deployment, with the company prioritising general corporate purposes first, achieving nearly complete utilisation at 99.06%. Working capital requirements received significant attention with Rs.26.34 crores deployed, while business expansion activities are yet to commence fund utilisation during this quarter.

Ratnaveer Precision Engineering Limited has delivered impressive financial performance in the third quarter, with both revenue and net profit showing strong growth compared to the previous year. The company has also demonstrated significant improvement in operational efficiency with enhanced EBITDA performance and margin expansion.

Strong Q3 Financial Performance

The company has reported robust growth across key financial metrics for the third quarter period. The financial highlights demonstrate the company's operational efficiency and expanding market presence:

The revenue growth of 5.49% to ₹2.69B reflects the company's steady business expansion, while the significant 49.59% surge in net profit to ₹168.93M indicates improved operational efficiency. The EBITDA performance has been particularly strong, rising to ₹285.5M from ₹206M in the previous year, representing a substantial 38.59% increase.

Operational Efficiency Enhancement

The company's EBITDA margin improvement to 10.60% from 8.09% in the corresponding quarter of the previous year demonstrates enhanced operational efficiency and cost management. This 251 basis points improvement in margin reflects the company's focus on optimizing operations and improving profitability metrics.

Board Meeting and Regulatory Compliance

The Board of Directors will convene on January 31, 2026, to review and approve the company's unaudited financial results for the third quarter of fiscal year 2026. The meeting has been scheduled in accordance with Regulation 29(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Window and Market Information

In compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, the company has implemented specific trading restrictions. The trading window for dealing in securities will remain closed until 48 hours after the official declaration of the unaudited financial results. The announcement was formally communicated to both major stock exchanges where the company's shares are listed.