TipRanks
Go Ultimate55% OFF

Ratnaveer Precision Engineering Ltd. (RATNAVEER) AI Stock Analysis

Top Page

IN:RATNAVEER

Ratnaveer Precision Engineering Ltd.

(NSE:RATNAVEER)

Select Model
Rating:80Outperform
Price Target:INR 385.00â–²(7.03% Upside)
Action:reiterated
Date:09/22/26

Strong financial performance and bullish technical indicators are the primary drivers of the score, with moderate valuation providing additional support.

Positive Factors
Revenue ExpansionStrong multi-year revenue scaling indicates expanding customer demand for the company’s stainless-steel products and processing capabilities. Continued growth broadens operating scale, supports reinvestment, and can strengthen the business’s position across domestic and export industrial markets.
Negative Factors
Weak Cash ConversionNegative operating and free cash flow despite positive reported earnings indicates that accounting profits are not consistently converting into usable cash. This can restrict self-funded growth, increase reliance on financing, and reduce flexibility when demand or working-capital needs change.

Ratnaveer Precision Engineering Ltd. (RATNAVEER) vs. iShares MSCI India ETF (INDA)

-25%0%25%50%75%100%125%150%IN:RATNAVEER+143.98%INDA-12.02%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
INR 24.47B
Dividend Yield
―
Average Volume (3M)
260.34K
Price to Earnings (P/E)
30.9
Beta (1Y)
1.35
Revenue Growth
21.02%
EPS Growth
15.68%
Country
India
Employees
137
Sector
General
Sector Strength
55
Industry
Steel

Ratnaveer Precision Engineering Ltd. Business Overview & Revenue Model

Company Description

Ratnaveer Precision Engineering Limited specializes in the manufacturing, export, and supply of stainless-steel products. These products cater to both commercial and residential sectors, reaching markets in India and worldwide. Their diverse product...

How the Company Makes Money

Ratnaveer Precision Engineering Ltd. primarily makes money by manufacturing and selling stainless-steel products, generating revenue from (1) precision-engineered stainless-steel components (notably SS washers) and (2) stainless-steel flat/processed...

Ratnaveer Precision Engineering Ltd. Financial Statement Overview

Summary

Robust revenue growth and balance sheet improvements with reduced leverage support strong financial health, though cash flow volatility from capital expenditures poses risks.

Income Statement

85Very Positive

Balance Sheet

90Very Positive

Cash Flow

65Positive
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue11.19B10.69B8.96B5.95B4.80B4.27B
Gross Profit1.57B1.38B1.41B761.22M869.13M627.33M
EBITDA1.27B1.22B904.23M546.96M458.90M269.99M
Net Income675.96M643.05M468.15M310.50M250.44M94.76M
Balance Sheet
Total Assets012.62B7.46B5.16B3.89B3.09B
Cash, Cash Equivalents and Short-Term Investments915.61M2.69B658.60M34.94M2.35M2.00M
Total Debt03.35B1.95B2.07B2.29B1.91B
Total Liabilities-6.69B5.92B3.75B2.64B2.83B2.43B
Stockholders Equity6.69B6.69B3.71B2.52B1.06B659.74M
Cash Flow
Free Cash Flow-299.06M-1.79B-431.91M-536.56M-179.90M-282.94M
Operating Cash Flow-21.56M-646.74M949.28M123.50M4.71M-155.09M
Investing Cash Flow-269.14M-1.07B-1.36B-633.64M-170.33M-116.10M
Financing Cash Flow332.41M3.75B471.64M801.85M272.40M280.44M

Ratnaveer Precision Engineering Ltd. Technical Analysis

Technical Analysis SentimentPositive
Last Price359.70

Price Trends

50DMA315.61Positive
100DMA251.26Positive
200DMA202.64Positive

Market Momentum

MACD10.25Positive
RSI63.96Neutral
STOCH83.86Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RATNAVEER, the sentiment is Positive. The current price of 359.70 is above the 20-day moving average (MA) of 339.36, above the 50-day MA of 315.61, and above the 200-day MA of 202.64, indicating a bullish trend. The MACD of 10.25 indicates Positive momentum. The RSI at 63.96 is Neutral, neither overbought nor oversold. The STOCH value of 83.86 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:RATNAVEER.

Ratnaveer Precision Engineering Ltd. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

IN:RATNAVEER against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
IN:RATNAVEERIN:RATNAVEER80OutperformINR 30.19B30.87――21.02%15.68%
IN:RATNAMANIIN:RATNAMANI71OutperformINR 162.60B37.55―0.43%-16.30%-24.14%
IN:VENUSPIPESIN:VENUSPIPES71OutperformINR 37.32B35.91―0.08%21.73%13.47%
IN:SCODATUBESIN:SCODATUBES63NeutralINR 6.27B16.83――――
IN:JINDALSAWIN:JINDALSAW61NeutralINR 146.03B26.52―0.88%-0.73%-60.06%
IN:HITECHIN:HITECH60NeutralINR 13.90B18.35―0.04%61.15%-9.11%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%

* General Sector Average

Performance Comparison

0%50%100%IN:RATNAVEERIN:HITECHIN:JINDALSAWIN:RATNAMANIIN:VENUSPIPESIN:SCODATUBESDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
IN:RATNAVEER and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
IN:RATNAVEERRatnaveer Precision Engineering Ltd.359.70205.94133.94%
IN:HITECHHi-Tech Pipes Ltd.68.45-45.10-39.72%
IN:JINDALSAWJindal Saw Limited228.3555.5932.18%
IN:RATNAMANIRatnamani Metals & Tubes Ltd.2319.85-150.56-6.09%
IN:VENUSPIPESVenus Pipes & Tubes Ltd.1801.45533.5442.08%
IN:SCODATUBESScoda Tubes Ltd.104.65-55.40-34.61%

Ratnaveer Precision Engineering Ltd. Corporate Events

Ratnaveer Precision Engineering Publishes Rights Issue Allotment Details in Newspapers

Sep 13, 2026

Ratnaveer Precision Engineering Limited has announced that it has published newspaper advertisements detailing the basis of allotment and subscription information for its rights issue of fully paid-up equity shares. The publications also specify the...

Ratnaveer Precision Engineering Publishes AGM and E-Voting Notices

Sep 4, 2026

Ratnaveer Precision Engineering Ltd. has notified the stock exchanges that it has published newspaper advertisements about the dispatch of the notice for its 24th Annual General Meeting. The company also disclosed that information on remote e-voting...

Ratnaveer Precision Engineering to Raise Rs 330 Crore via Rights Issue

Aug 20, 2026

Ratnaveer Precision Engineering Ltd. has approved a rights issue of 12,499,669 equity shares at an issue price of Rs. 264 per share, including a premium, to existing shareholders. The offer will be made in the ratio of seven new shares for every 40 f...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 22, 2026