Ram Ratna Wires Ltd.
Ram Ratna Wires Limited, together with its subsidiaries, manufactures and sells winding wires in India and internationally. It operates through Enamelled Wires and Strips, Copper Tubes and Pipes, and Other segments. The company offers enameled aluminium and copper wires; classic submersible, corona resistant, enamelled aluminium, triple insulated, and parallel winding wires; braided, bonded, corona, and Litz wires; paper-covered magnet wires; bunched and braided flexible and cotton-covered copper conductors, and compacted products; bunched and braided bare copper wires; and nylon coated, self bonding, sole coat AIW, and LITZ wire-bunched enamelled wires. It also provides enamelled copper and aluminium strips; paper-covered and glass fibre covered strips; fibreglass, mica, daglass, and other tape insulated strips; classic submersible flat cables; and crepe kraft paper insulated copper cables. In addition, the company offers copper tubes and pipes, including level wound and pancake coils, straight and medical pipes, and PVC-coated and capillary tubes. Further, it provides MCB coils; water pumps comprising peripheral and centrifugal pumps, float switches, and automatic pressure control; and BLDC motors for air conditioners, hubs, high-volume low-speed fans, submersible pumps, related products, and fabricated components and assemblies. The company's products are used in various applications, such as motors and generators, automotive and mobility, pumps, power and energy infrastructure, consumer appliances, and industrial and renewable applications. It also serves the transmission and distribution industry, original equipment manufacturers, and electrical companies. The company exports its products to various international markets. Ram Ratna Wires Limited was founded in 1965 and is headquartered in Mumbai, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockRule-based from financial data. Not advice.
Historically, Apr has averaged the highest return (+22.5%); Oct the lowest (-5.6%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -3.9%Negative MonthJan 2026: -3.92% | +8.6%Positive MonthFeb 2026: +8.61% | -10.0%Negative MonthMar 2026: -9.99% | +53.8%Positive MonthApr 2026: +53.84% | -2.5%Negative MonthMay 2026: -2.52% | -5.9%Negative MonthJun 2026: -5.91% | +10.0%Positive MonthJul 2026: +10.00% | +16.8%*Positive MonthAug 2026: +16.80% | β | β | β | β |
| 2025 | -6.5%Negative MonthJan 2025: -6.51% | -9.7%Negative MonthFeb 2025: -9.75% | +13.3%Positive MonthMar 2025: +13.26% | -5.2%Negative MonthApr 2025: -5.18% | +29.4%Positive MonthMay 2025: +29.38% | +1.9%Neutral MonthJun 2025: +1.91% | +14.2%Positive MonthJul 2025: +14.20% | -8.0%Negative MonthAug 2025: -8.00% | -12.3%Negative MonthSep 2025: -12.28% | -0.6%Neutral MonthOct 2025: -0.63% | -1.3%Neutral MonthNov 2025: -1.30% | +0.1%Neutral MonthDec 2025: +0.13% |
| 2024 | +1.5%Neutral MonthJan 2024: +1.49% | -5.4%Negative MonthFeb 2024: -5.42% | -10.0%Negative MonthMar 2024: -10.04% | +35.5%Positive MonthApr 2024: +35.52% | +2.3%Positive MonthMay 2024: +2.25% | +7.9%Positive MonthJun 2024: +7.87% | +10.7%Positive MonthJul 2024: +10.68% | +40.6%Positive MonthAug 2024: +40.57% | +9.7%Positive MonthSep 2024: +9.71% | -9.0%Negative MonthOct 2024: -9.02% | +0.1%Neutral MonthNov 2024: +0.08% | -4.3%Negative MonthDec 2024: -4.27% |
| 2023 | -4.1%Negative MonthJan 2023: -4.11% | -4.3%Negative MonthFeb 2023: -4.29% | +3.4%Positive MonthMar 2023: +3.37% | +22.5%Positive MonthApr 2023: +22.55% | +14.7%Positive MonthMay 2023: +14.68% | +24.6%Positive MonthJun 2023: +24.57% | +10.6%Positive MonthJul 2023: +10.64% | +0.7%Neutral MonthAug 2023: +0.69% | -10.5%Negative MonthSep 2023: -10.49% | -7.6%Negative MonthOct 2023: -7.55% | +14.3%Positive MonthNov 2023: +14.31% | +1.6%Neutral MonthDec 2023: +1.58% |
| 2022 | +33.5%Positive MonthJan 2022: +33.50% | -9.8%Negative MonthFeb 2022: -9.79% | +3.9%Positive MonthMar 2022: +3.86% | +6.0%Positive MonthApr 2022: +6.02% | -10.7%Negative MonthMay 2022: -10.66% | -13.1%Negative MonthJun 2022: -13.06% | +45.2%Positive MonthJul 2022: +45.24% | +54.7%Positive MonthAug 2022: +54.73% | +15.8%Positive MonthSep 2022: +15.79% | -7.2%Negative MonthOct 2022: -7.15% | -9.5%Negative MonthNov 2022: -9.51% | -6.4%Negative MonthDec 2022: -6.35% |
| 2021 | β | β | β | β | β | +40.0%Positive MonthJun 2021: +39.97% | +13.9%Positive MonthJul 2021: +13.92% | -11.9%Negative MonthAug 2021: -11.89% | +0.2%Neutral MonthSep 2021: +0.15% | -3.7%Negative MonthOct 2021: -3.72% | +14.5%Positive MonthNov 2021: +14.46% | +7.9%Positive MonthDec 2021: +7.92% |
| AvgΒ±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation β the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position β all Januaries together, all Februaries together, and so on β to show whether a given month has leaned positive or negative historically. βSimpleβ counts each month as +1 or β1. βWeightedβ gives larger moves more influence: +2 above +10%, β2 below β10%. With only 6 years of history for this asset, each monthβs score reflects a small number of observations β read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the assetβs full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each dayβs closing price by the price on January 1st of that year (or the assetβs first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen β at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in βAverage fromβ, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ3.62 K Cr | β | βΉ72.00 Cr | β | β | 14.7% | 22.4% | 20.0% |
| Mar 2024 | βΉ2.96 K Cr | β | βΉ60.00 Cr | β | β | 13.8% | 27.1% | 39.5% |
| Mar 2023 | βΉ2.33 K Cr | β | βΉ43.00 Cr | β | β | 14.1% | 15.6% | -12.2% |
| Mar 2022 | βΉ2.01 K Cr | β | βΉ49.00 Cr | β | β | 18.5% | 45.1% | 250.0% |
| Mar 2021 | βΉ1.39 K Cr | β | βΉ14.00 Cr | β | β | 7.1% | 10.5% | 0.0% |
| Mar 2020 | βΉ1.25 K Cr | β | βΉ14.00 Cr | β | β | 7.9% | 0.4% | -12.5% |
| Mar 2019 | βΉ1.25 K Cr | β | βΉ16.00 Cr | β | β | 8.7% | 21.7% | -40.7% |
| Mar 2018 | βΉ1.03 K Cr | β | βΉ27.00 Cr | β | β | 16.3% | 28.2% | 22.7% |
| Mar 2017 | βΉ801.00 Cr | β | βΉ22.00 Cr | β | β | 17.6% | 11.4% | 144.4% |
| Mar 2016 | βΉ719.00 Cr | β | βΉ9.00 Cr | β | β | 12.2% | -3.0% | -10.0% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue / Net Sales | 699 | 741 | 719 | 801 | 1,027 | 1,250 | 1,255 | 1,387 | 2,013 | 2,328 | 2,959 | 3,623 | 3,763 |
| Total Expenses | 670 | 706 | 685 | 750 | 964 | 1,189 | 1,203 | 1,335 | 1,918 | 2,236 | 2,837 | 3,470 | 3,602 |
| EBIT / Operating Profit | 28 | 35 | 34 | 51 | 63 | 61 | 53 | 52 | 95 | 92 | 122 | 152 | 161 |
| OPM % | 4% | 5% | 5% | 6% | 6% | 5% | 4% | 4% | 5% | 4% | 4% | 4% | 4% |
| Other Income | 1 | 2 | 2 | 2 | 3 | 4 | 4 | 2 | 7 | 8 | 16 | 18 | 19 |
| Finance Costs | 13 | 15 | 14 | 11 | 14 | 25 | 23 | 20 | 21 | 26 | 39 | 52 | 59 |
| Depreciation & Amortisation | 5 | 7 | 7 | 8 | 10 | 15 | 17 | 16 | 16 | 16 | 18 | 20 | 25 |
| Profit Before Tax | 11 | 15 | 14 | 33 | 42 | 24 | 16 | 18 | 65 | 57 | 81 | 98 | 96 |
| Tax % | 36% | 35% | 35% | 34% | 36% | 35% | 13% | 24% | 25% | 25% | 26% | 27% | - |
| Net Profit / PAT | 7 | 10 | 9 | 22 | 27 | 16 | 14 | 14 | 49 | 43 | 60 | 72 | 68 |
| EPS (βΉ) | 0.79 | 1.12 | 1.06 | 2.49 | 3.01 | 1.81 | 1.62 | 1.54 | 5.53 | 4.88 | 6.81 | 8.14 | 7.58 |
| Dividend Payout % | 24% | 22% | 18% | 13% | 10% | 17% | 8% | 16% | 23% | 26% | 18% | 15% | - |
Peer Comparison
Industrials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Ram Ratna Wires Ltd.this co. | βΉ2.77 K Cr | βΉ3.62 K Cr | 40.70 | 5.38 | 20.75 | 22.4% |
| Larsen & Toubro Limited | βΉ5.35 L Cr | βΉ1.43 L Cr | 52.20 | 7.87 | 34.29 | 12.9% |
| Adani Ports and Special Economic Zone Ltd | βΉ3.29 L Cr | βΉ7.91 K Cr | 159.00 | 10.36 | 62.82 | 16.2% |
| Solar Industries India Limited | βΉ1.15 L Cr | βΉ4.46 K Cr | 121.00 | 32.81 | 128.61 | 19.9% |
| Polycab India Limited | βΉ1.14 L Cr | βΉ21.91 K Cr | 46.90 | 10.84 | 42.32 | 21.4% |
| Cummins India Ltd. | βΉ1.10 L Cr | βΉ10.34 K Cr | 49.50 | 15.01 | 47.01 | 15.4% |
| Ashok Leyland Ltd. | βΉ1.09 L Cr | βΉ38.75 K Cr | 32.00 | 9.49 | 22.91 | 1.0% |
| Industry Average | β | βΉ5.40 K Cr | 57.83 | 7.16 | 40.88 | 45.0% |
