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Vadodara: Ratnaveer Precision Engineering Ltd. (RPEL) announced a 20.37% rise in consolidated revenue to ₹1,078.41 crore in FY26 as against ₹ 895.53 crore reported last year. This has also meant a 37.33% rise in Profit After Tax to ₹64.30 crore and a EBITDA margin of 29.08% for the same period.
The Gujarat-based precision engineering company has attributed this rise to strong volume growth, particularly in washer exports, which accounted for 35% of its revenue in FY26. Overall, its production volumes have increased to 46,668 MT as against 36,129 MT, a growth of 29.17%. The company is looking to expand its footprint across 31 countries, even as its credit rating has been upgraded to A-/Stable by Informarics Rating Agency.
Strategic Expansion Plans
Besides its precision engineering portfolio, Ratnaveer is expanding into Electronics, making India’s first fully integrated CCL Manufacturing facility. With an investment of Rs.360 crore over the next two years, the company is looking to set up India’s first fully integrated CCL plant backed by the Government’s ECMS Policy and the PLI scheme.
“We are pleased to share another strong year of performance for the Company, backed by steady growth & operational efficiency. A key milestone during the year was the development of India’s first fully integrated CCL manufacturing facility under the Make in India and PLI initiatives, strengthening India’s electronics manufacturing ecosystem and supporting the nation’s vision of self-reliance in advanced manufacturing.” Vijay Sanghavi, MD & CFO, Ratnaveer Precision Engineering Ltd., said.
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