RATNAVEER share price, P/E, ROE & financials

On 6 Nov 2026, Ratnaveer Precision Engineering was priced at ₹365.75, or 31.2× trailing earnings, against an industry P/E of 19.9×. It earns ROCE of 13% and ROE of 10%, and sales and net profit grew 31% and 37% a year over 3 years. Debt is 0.24× equity. It is a small-cap company with a market cap of ₹3,070 Cr, ranked 36th of 150 Steel companies by market cap; the shares rose 152% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year

Open: ₹370.95
Day high: ₹377.75
Day low: ₹355.10
Prev. close: ₹373.15
Volume: 31.1 L

Health check

2 good · 1 fair · 3 to check

ReturnsAhead
+152.4% over a year, better than 7 of 7 peers.
Price tagPricier
P/E 31.2 vs industry 19.9.
GrowthStrong
Sales +30.6%, profit +36.9% a year over 3 years.
ProfitabilityWeak
ROCE 12.6% vs peer median 18.7%.
Balance sheetFair
Debt 0.24× equity, interest covered 5.4×, Piotroski 4 of 9.
Red flags2 to check
P/E of 31.2 against an industry P/E of 19.9.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Steel

149 listed peers. Screen the industry

Small cap

₹3,070 Cr, #36 of 150 in its industry by size.

Defensive

Beta 0.44 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹1,220 Cr · profit ₹76 Cr

Market cap: ₹3,070 Cr; Small cap
P/E: 31.2; Industry 19.9
Price to book: 2.51; Peers 2.28
Dividend yield: 0.00%
ROE: 10.1%; Peers 23.4%
ROCE: 12.6%; Peers 18.7%
Debt to equity: 0.24; Debt ₹264 Cr
EPS (TTM): ₹11.71; Face value ₹10
OPM (TTM): 10.3%; Net margin 6.2%
Sales growth: +35.5%; Latest quarter vs a year ago
Profit growth: +56.0%; Latest quarter vs a year ago
Price to sales: 2.52; EV/EBITDA 20.2

Strengths

Quarterly profit up 56.0% on a year ago.
Quarterly sales up 35.5% on a year ago.

Risks to check

P/E of 31.2 against an industry P/E of 19.9.
Promoter stake down from 42.7% to 38.7%.

Derived automatically from reported figures. Not a recommendation.

About Ratnaveer Precision Engineering

Ratnaveer Precision Engineering Limited engages in the manufacture, export, and supply of stainless-steel products in India, Germany, Italy, Spain, France, the Netherlands, Poland, Sweden, the United Kingdom, the United States, and the United Arab Emirates. The company offers finished sheets, washers, solar roofing hooks, and pipes and tubes. Its products are used in various industries, including automotive, solar power, wind energy, power plants, water…

Headquarters: Vadodara
Sector: Basic Materials
ISIN: INE05CZ01011
Website: ratnaveer.com

Price range

52 weeks

₹130.50₹389.90

Today

₹355.10₹377.75

Avg volume (3M): 65 L
1-year return: plus 152.4%
From 52-week high: minus 6.2%

Peers · Steel

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
JSWSTEELJSW Steel	1,357.10	plus 0.11%	3,31,265	11.7	12.2	18.7%	17.7%	0.62	3.6%	plus 14.7%
TATASTEELTata Steel	186.30	plus 2.36%	2,32,397	21.1	9.1	11.3%	15.2%	0.89	−1.6%	plus 1.5%
JINDALSTELJindal Steel	1,165.00	plus 1.31%	1,18,594	41.5	14.9	7.5%	15.9%	0.42	−13.1%	plus 6.4%
LLOYDSMELloyds Metals And Energy	1,785.50	minus 1.38%	1,00,482	19.1	18.8	19.4%	37.4%	1.23	71.3%	plus 37.4%
SAILSteel Authority of India	171.60	minus 0.41%	70,880	12.6	8.1	7.2%	12.9%	0.50	2.0%	plus 24.7%
NMDCNMDC	70.40	minus 0.01%	61,894	8.3	6.2	28.4%	30.0%	0.19	22.0%	minus 5.2%
APLAPOLLOAPL Apollo Tubes	2,185.30	minus 0.41%	60,677	46.3	32.7	28.0%	8.2%	0.17	12.6%	plus 23.3%
RATNAVEERRatnaveer Precision Engineering	365.75	minus 1.98%	3,070	31.2	29.5	12.6%	9.0%	0.24	30.6%	plus 152.4%
Median of 7 peers	–	−0.01%	1,00,482	19.1	12.2	18.7%	15.9%	0.50	3.6%	14.7%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Sep 25	Dec 25	Mar 26	Jun 26	Sep 26
286	269	249	315	387
258	241	221	282	351
28.3	28.6	28.3	32.2	36.5
9.9%	10.6%	11.4%	10.2%	9.4%
2	0	7.3	3.8	5.6
3.9	5.2	8	6.7	7.8
6.4	6.2	6.9	7.4	6.8
20.1	17.2	20.7	21.9	27.5
23.2%	1.7%	17.9%	16.6%	12.6%
15.4	16.9	17	18.2	24.1
3.07	3.10	2.93	10.32	3.16

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +30.6%
Profit CAGR 3Y: +36.9%
EPS CAGR 3Y: +29.1%
ROE: 10.1%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
480	595	892	1,068
–	+24.1%	+49.8%	+19.8%
434	545	805	956
45.9	50	86.7	112
9.6%	8.4%	9.7%	10.5%
−0	4.7	1.3	3.4
11.2	9.8	10	17.4
4	5.8	17.1	25.4
0	0	−0.3	3.2
30.7	39.1	60.7	76
18.5%	20.6%	22.8%	15.4%
25	31.1	46.8	64.3
–	+24.0%	+50.8%	+37.4%
5.14	7.58	9.27	11.06

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
34.9	48.7	53.2	68.2
71.2	203	318	601
229	206	194	335
54.1	57.8	181	257
389	516	746	1,262
43.7	119	240	324
8.8	45.3	53.8	82.4
–	3.5	–	–
0.2	3.5	42.6	91.6
336	345	410	763
389	516	746	1,262

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
0.5	12.4	94.9	−48.2
−17	−63.4	−136	−103
27.2	80.2	47.2	354
10.7	29.2	6.3	203
−18.5	−66	−138	−114
−18	−53.7	−43.2	−163

Shareholding pattern

Source: NSE filings

38.7%

promoters

Promoters38.71%
Public61.29%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	38.71%	61.29%	0.00
10 Sep 2026	38.71%	61.29%	minus 6.78
30 Jun 2026	45.49%	54.51%	0.00
12 May 2026	45.49%	54.51%	plus 2.75
31 Mar 2026	42.74%	57.26%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you