Ram Ratna Wires Limited · NSE:RAMRAT
Ram Ratna Wires — Q3 FY26 Earnings Presentation
34 slides from Ram Ratna Wires's earnings presentation, 2026
Slide 1: Investor Presentation - Q3 & 9M FY26
RAM RATNA WIRES LIMITED INVESTOR PRESENTATION- Q3 & 9M FY26
Slide 2: Safe Harbor
Safe Harbor Ram Ratna Wires Ltd This presentation and the accompanying slides (the “Presentation”), which have been prepared by Ram Ratna Wires Limited (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or sub
Slide 3: Q3 & 9M FY26 - Financial Highlights
Ram Ratna Wires Ltd Q3 & 9M FY26- Financial Highlights
Slide 4: Q3 & 9M FY26 Financial Snapshot (Consolidated)
Q3 & 9M FY26- Financial Snapshot (Consolidated) Ram Ratna Wires Ltd (in ₹ Crs) Revenue from Operations Operating EBITDA & EBITDA Margin (%) PAT & PAT Margin (%)* 4.4% 4.8% 5.6 2.1% 1.9% 2.5% +43.8% +84.9% +72.5% FY25 Q3Q2FY26 1,277.9 72.0 31.6 1,163.4 888.7 55.5 21.8 39.0 18.3 Q3 FY25 Q2 FY26 Q3 FY2
Slide 5: Q3 FY26 Revenue Mix
Q3 FY26- Revenue Mix Ram Ratna Wires Ltd (Consolidated) Revenue Mix (By Geography) Revenue Mix (By Business Segments) 82% 7% 8% 71% 93% 92% 27% 17% 1% 2% Q3 FY25 Q3 FY26 Q3 FY25 Q3 FY26 Export Domestic Enameled Wires & Strips Copper Tubes & Pipes Others Higher share from Copper Tubes & Pipes reflect
Slide 6: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Ram Ratna Wires Ltd Profit & Loss Statement (INR. Crs) Q3 FY26 Q3 FY25 Y-o-Y Q2 FY26 Q-o-Q 9M FY26 9M FY25 Y-o-Y Revenue from Operations 1,277.9 888.7 43.8% 1,163.4 9.8% 3,423.8 2,720.0 25.9% Gross Profit 138.4 85.8 61.4% 119.2 16.1% 353.9 239.2 47.9% GP % 10.8%
Slide 7: Company Overview
Ram Ratna Wires Ltd Company Overview
Slide 8: At a Glance
At a Glance Ram Ratna Wires Ltd Over 3decades of India’s Leading India’s Only Manufacturer ROCE* Manufacturing expertise Manufacturer of super Offering widest range of enamelled 21.5% enamelled copper winding wires wires (0.016 mm – 5.000 mm) ~41,400 Tons 85-90% Extensive Distribution Supplies 70-75
Slide 9: Evolution of the Company to High Margin Product Segments
Evolution of the Company to High Margin Product Segments Ram Ratna Wires Ltd FY15 FY20 FY25 • Wires: Enamelled Copper & Aluminium, Submersible, Braided, Bonded, Corona, Litz, • Wires: Enamelled Copper & Aluminium, Paper Covered • Wires: Enamelled Copper & Aluminium, Submersible, Braided, Bonded, Cor
Slide 10: The Journey So Far
The Journey So Far Ram Ratna Wires Ltd "From a Modest Electrical Trading Shop to India's Leading Winding Wire Manufacturer” 1992 1997 2011 2018 2022 2024 Incorporation 1st ISO Certification JV in Bangladesh Commencement of NSE Listing & 1:1 Bonus • Board approval for of Ram Ratna Wires Ltd With top
Slide 11: Diverse Range of Products & Applications
Diverse Range of Products & Applications Ram Ratna Wires Ltd Enamelled Copper Wires Copper Tubes Submersible Winding Wires Paper Covered Strips Enamelled Copper Strips • Motors • Air Conditioners • • HVAC & • Various types of Transformers • Power Refrigeration • Generators Submersible Pumps Transfor
Slide 12: Copper Tubes - Expanding Our Portfolio
Copper Tubes- Expanding Our Portfolio Ram Ratna Wires Ltd • Bhiwadi facility has been successfully scaled to an installed capacity of 24,000 MTPA • The Jarod unit will contribute an additional 12,000 MTPA (current 7,200 MTPA plus 4,800 MTPA expansion underway), taking the total installed capacity to
Slide 13: Copper Tubes - Expanding Our Portfolio
Copper Tubes- Expanding Our Portfolio Ram Ratna Wires Ltd RRWL is strategically positioned to become a leading domestic supplier in India’s rapidly expanding copper tubes market, enabling large-scale import substitution while serving global and domestic HVAC demand Building Scale Technology & Qualit
Slide 14: Products via Joint Venture & Subsidiary
Products via Joint Venture & Subsidiary Ram Ratna Wires Ltd BLDC Motors Fabricated Products EPAVO Electricals Pvt. Ltd. (50:50 Joint Venture with Epack Durable Ltd.) Tefabo Product Pvt. Ltd. Established in 2020 Acquired: 64% Stake Applications: Applications: o Ceiling Fans o Wind Turbine Components
Slide 15: 5 State of the art Manufacturing Plants
Manufacturing Facilities Ram Ratna Wires Ltd 5 State of the art Manufacturing Plants Current Capacity New Expansion 3 PLANTS 1 PLANT Dadra & Nagar Haveli & Daman & Diu Bhiwadi, Rajasthan +5% 39,600 MT 41,400 MT Installed Capacity 24,000 MTPA (Production Successfully Commenced in June’25) FY24 Mar’ 2
Slide 16: A Glimpse into Our Manufacturing Facilities
A Glimpse into Our Manufacturing Facilities Ram Ratna Wires Ltd 16
Slide 17: Bhiwadi Manufacturing Facility
Bhiwadi Manufacturing Facility Ram Ratna Wires Ltd 17
Slide 18: Our Esteemed Board of Directors
Our Esteemed Board of Directors Ram Ratna Wires Ltd Shri Tribhuvanprasad Kabra Shri Mahendrakumar Shri Hemant Kabra Shri Sumeet Kabra Shri Hitesh Laxmichand Chairman Kabra Joint Managing Director Executive Director Vaghela Managing Director Executive Director Shri Rameshwarlal Kabra Chairman Emeritu
Slide 19: Strong Management Team
Strong Management Team Ram Ratna Wires Ltd Shri Satish Kumar Agarwal Shri Rajeev Maheshwari Shri Saurabh Gupta Shri Vijay Chandak Shri Nimesh Kapoor Strategic Advisor Chief Financial Officer Asst. General Manager – Senior Vice President Development Senior Vice President – Marketing Company Secretary
Slide 20: Testament to Our Quality
Testament to Our Quality Ram Ratna Wires Ltd Trust Assurance Associations Reliable supplier in Automotive industry American certifying Lab approval Quality & Specifications approved for applications in Indian Railway We are the proud member of ACMA with IATF 16949:2016 With top Quality, Environmenta
Slide 21: JV & Subsidiary Product Portfolio
Ram Ratna Wires Ltd JV & Subsidiary Product Portfolio
Slide 22: BLDC Motors via EPAVO Electricals Pvt. Ltd
BLDC Motors via EPAVO Electricals Pvt. Ltd Ram Ratna Wires Ltd Joint Venture with Epack Durable Ltd • Incorporated in 2020, Epavo Electricals Private Limited (EEPL) is India’s youngest BLDC motor manufacturer for global markets. EEPL is a 50:50 joint venture between Ram Ratna Wires Ltd. and Epack Du
Slide 23: Wind Turbine Towers via Tefabo Product Pvt. Ltd.
Wind Turbine Towers via Tefabo Product Pvt. Ltd. Ram Ratna Wires Ltd About the Business (Acquired 64%) Manufacturing Facilities Founded: 2018 Total Capacity- 70–80 towers/month (FY26E) Core Business: Renewable energy-focused contract manufacturing (Wind sector dominant) Key Segment: Tower internals
Slide 24: Key Growth Drivers
Ram Ratna Wires Ltd Key Growth Drivers
Slide 25: Expanding Copper Tubes Market
Expanding Copper Tubes Market Ram Ratna Wires Ltd Market Opportunity Long-Term Demand Drivers Strategic Vision 25 Source: : IMARC Group, IEEMA Journal, GlobeNewswire, Grand View Research, MarketsandMarkets , https://reportocean.com
Slide 26: Rising Demand for Winding Wires & Strips in India
Rising Demand for Winding Wires & Strips in India… Ram Ratna Wires Ltd The India Wire And Cable The demand for insulated The enamelled copper wires The growing demand is Market size is estimated at metallic wire and cable in market is poised for robust driven by rising disposable USD 21.22 billion i
Slide 27: Driving Growth in Product Applications
…Driving Growth in Product Applications Ram Ratna Wires Ltd Significant Rotating Transformers Meters Export Machines Expansion • The India Power Transformers • India’s electric motor market is • As of July 2025, India has • The electrical and electronics Market was valued at USD 2.51 set to grow at
Slide 28: Historical Performance
Ram Ratna Wires Ltd Historical Performance
Slide 29: Robust Growth Trajectory - FY23 to FY25
Robust Growth Trajectory – FY23 to FY25 Ram Ratna Wires Ltd (Consolidated Rs. Crs) Revenue from Operations EBITDA PBT +38.8% +43.8% +50.9% 3,676.7 156.3 97.2 2,983.3 119.0 74.6 2,649.6 108.7 64.4 FY23 FY24 FY25 FY23 FY24 FY25 FY23 FY24 FY25 PAT Dividend (Rs/Share) +49.4% * Normalised for Bonus 70.2
Slide 30: Financial Indicators
Financial Indicators Ram Ratna Wires Ltd (Consolidated) ROE ROCE Net Debt/Equity Ratio* 14.4% 14.5% 21.9% 21.5% 0.34 20.8% 12.8% 0.29 0.20 FY23 FY24 FY25 FY23 FY24 FY25 FY23 FY24 FY25 30 * Net Debt/Equity Ratio= (Non-current Borrowings + Non-current Lease Liabilities- Cash & Cash Equivalents)/ Total
Slide 31: Historical Consolidated Profit & Loss Statement
Historical Consolidated Profit & Loss Statement Ram Ratna Wires Ltd Profit & Loss Statement (INR. Crs) FY25 FY24 FY23 Revenue from Operations 3,676.7 2,983.3 2,649.6 Cost of Materials Consumed 3,355.4 2690.1 2455.5 Purchase of stock-in-trade 19.4 0.2 0.0 Changes in Inventories of Finished Goods and
Slide 32: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Ram Ratna Wires Ltd EQUITY & LIABILITIES (INR. Crs) Mar-25 Mar-24 Mar-23 ASSETS (INR. Crs) Mar-25 Mar-24 Mar-23 Equity Share Capital 22.0 22.0 22.0 Property, plant and equipment 351.7 171.8 143.1 Other Equity 461.3 404.2 289.6 Capital work‐in‐progress 113.5 28.6
Slide 33: Historical Consolidated Cash Flow Statement
Historical Consolidated Cash Flow Statement Ram Ratna Wires Ltd Particulars (INR in Cr) Mar-25 Mar-24 Mar-23 Profit before Tax 97.2 74.6 64.4 Adjustment for Non-Operating Items 71.4 53.5 51.2 Operating Profit before Working Capital Changes 168.5 128.1 115.7 Changes in Working Capital 80.6 39.2 -33.5
Slide 34: Ram Ratna Wires Limited - Contact
Ram Ratna Wires Limited Ms. Prachi Ambre Mr. Irfan Raeen irfan.raeen@in.mpms.mufg.com irfan.raeen@in.mpms.mufg.com Prachi.ambre@in.mpms.mufg.com CIN: L31300MH1992PLC067802 Prachi.ambre@in.mpms.mufg.com Name – Mr. Saurabh Gupta Link Designation – AGM - Company Secretary investorrelations.rrwl@rrgloba