Ram Ratna Wires Limited — PPTs, 06-02-2026: Investor Presentation

Ram Ratna Wires delivered strong financial results for the quarter and nine-month period ending December 31, 2025. Q3 FY26 Revenue jumped to ₹1,277.9 Cr (+43.8% YoY), with PAT at ₹31.6 Cr (+72.5% YoY). For the nine months, revenue reached ₹3,423.8 Cr (+25.9% YoY) and PAT was ₹69.4 Cr (+34.6% YoY). Operating EBITDA margins improved to 5.6% in Q3. Growth was boosted by portfolio diversification, with Copper Tubes & Pipes contributing 27% to Q3 revenue, alongside core Enamelled Wires & Strips (71%).

A core strategy involves aggressively expanding Copper Tube capacity to 36,000 MTPA by FY26, targeting import substitution and rising HVAC demand. Diversification also includes BLDC motors (via Epavo JV) for energy-efficient appliances and wind turbine components (via Tefabo subsidiary) for India's renewable energy sector.

Recently, the Bhiwadi Copper Tube facility (24,000 MTPA) successfully started production in June 2025, and Inner Grooved Tubes (IGT) are now in progress. Tefabo is developing mini wind turbine prototypes for Q4 FY26. Other updates include NCLT approval for the Global Copper merger and key scheme approvals (PLI for White Goods, RIPS).

EPS for Q3 FY26 was ₹3.4 and for 9M FY26 was ₹7.3. Management foresees robust demand for insulated metallic wire/cable (6.4%-9.13% CAGR), driven by consumer electronics, industrialization, and infrastructure, aligning with 'Make in India' and scaling efforts.