Ratnaveer Precision Engineering Limited (RATNAVEER) has announced its audited financial results for the fourth quarter and the full financial year ended March 31, 2026, alongside a significant outcome from its board meeting held on May 12, 2026. The company reported a total revenue of ₹2,562.91 Million for the quarter ended March 2026, representing a growth of 25.18% compared to the corresponding quarter of the previous year (₹2,047.32 Million), although it saw a slight decrease of 4.83% from the previous quarter (₹2,693.03 Million). The net profit for the quarter stood at ₹170.18 Million, marking a substantial year-on-year (YoY) increase of 59.20% from ₹106.90 Million and a marginal quarter-on-quarter (QoQ) rise of 0.76% from ₹168.90 Million. Furthermore, the board approved the allotment of 3,431,446 equity shares upon the conversion of warrants to promoters Mr. Vijay Sanghavi and Mrs. Seema Sanghavi, raising approximately ₹40.98 Crores.

Ratnaveer Precision Engineering Limited, formerly known as Ratnaveer Metals Limited, is a leading ISO-9001 certified engineering firm specializing in the manufacturing of stainless steel products, including finishing sheets, washers, solar mounting structures, and tubes & pipes. In a major strategic move in early 2026, the company secured approval under the Electronics Component Manufacturing Scheme (ECMS) for a ₹338 Crore project to establish India’s first fully integrated Copper Clad Laminates (CCL) manufacturing facility in Vadodara, Gujarat. This project, expected to begin commercial operations by November 2026, aims for 100 percent import substitution in critical electronic components. Throughout 2025, the company actively expanded its financial base, successfully raising ₹185.50 Crore via a Qualified Institutional Placement (QIP) in December 2025 from institutional investors including Arven, Vintage, and PCC-Elite Capital Fund. Prominent institutional involvement also includes Ovata Equity Strategies Master Fund, which held a notable stake during 2025. The company continues to focus on backward integration and cost-saving initiatives, such as setting up a 4 MW solar plant to optimize operational margins.