Ratnaveer Precision Engineering Surges: PAT Jumps 56.1% in Q2 FY27
Ratnaveer Precision Engineering reports a massive 56.1% jump in PAT for Q2 FY27 and provides an update on its new CCL plant completion.
Ratnaveer Precision Engineering Limited has posted a stellar set of unaudited financial results for the quarter and half-year ended September 30, 2026. The company has demonstrated aggressive growth across all primary financial metrics, highlighted by a significant leap in profit after tax (PAT) and a steady rise in operational revenue.
Quarterly Performance: A Massive Leap
The second quarter of FY27 has been a period of high growth for the company. Ratnaveer Precision Engineering reported a Revenue from Operations of ₹387.24 crore, marking a 35.5% increase compared to the ₹285.87 crore recorded in the same quarter last year.
Profitability metrics have seen an even sharper climb:
- EBITDA: Rose to ₹42.16 crore, a growth of 38.9% from ₹30.35 crore.
- EBITDA Margin: Improved to 10.89%, up from 10.62%.
- Profit After Tax (PAT): Skyrocketed by 56.1% to reach ₹24.10 crore, compared to ₹15.43 crore in the previous year's corresponding quarter.
- PAT Margin: Increased to 6.22% from 5.40%.
Half-Yearly Outlook: Sustained Momentum
The momentum continued through the first half of FY27 (H1 FY27), showing a consistent upward trajectory. The company's revenue from operations for the first six months stood at ₹701.87 crore, representing a 27.5% year-on-year growth over ₹550.49 crore.
Key H1 FY27 highlights include:
- EBITDA: ₹78.14 crore, showing a 35.5% growth over ₹57.15 crore.
- EBITDA Margin: 11.13%, compared to 10.38% in the previous year.
- Profit After Tax (PAT): ₹42.33 crore, growing by 39.4% over ₹30.30 crore.
- PAT Margin: 6.03%, up from 5.52%.
CCL Plant: The Road to Completion
Beyond the numbers, Ratnaveer Precision Engineering is aggressively expanding its manufacturing footprint. The company's new CCL plant is now approximately 75% complete. While the company is is focusing on machinery installation and the setup of supporting utilities, it has faced some headwinds.
Overcoming Logistics Hurdles
The company noted that the schedule has experienced a slight delay due to a shortage of shipping containers and port connectivity constraints, fueled by ongoing global uncertainty. Despite these challenges, the timeline for the new facility is is as follows:
- Machinery Delivery: Expected by mid-November 2026.
- Trial Runs: Targeted to commence by December 20, 2026.
- Trial Period: The trial phase is expected to last approximately one month, focusing on equipment performance and operational readiness.
The completion of the CCL plant represents a critical operational milestone, shifting the facility from the development stage to active trial operations, which will further strengthen the company's production capabilities and manufacturing infrastructure.