What we do Ratnaveer Precision Engineering Ltd manufactures stainless steel products including finishing sheets, washers, solar roofing hooks, pipes, and tubes. |
Founded in 2,002 |
Market share A leading producer in stainless steel fastener related products with diversified product portfolio and established exports network. |
Problem solved Provides high-quality stainless steel components essential for solar mounting, construction, and industrial applications. |
Top clients or who we serve Serves B2B industrial clients globally including markets in USA, Europe, and Middle East. |
Key management Mr. Vijay Ramanlal Sanghavi (Managing Director & CFO) with extensive leadership in the industry. |
Our journey and innovations Started with stainless steel washers, expanded to sheets, hooks, and tubes; operates four integrated manufacturing units; went public in 2023. |
Where we operate India (primary), exports to USA, UK, Germany, France, Italy, UAE, and other European countries. |
Top products or what we offer SS Finishing Sheets, SS Washers, Solar Panel Hooks, Stainless Steel Tubes and Pipes. |
Top brands - |
Raw materials needed Steel scrap and stainless steel ingots as primary raw materials. |
Raw materials supplier Sources scrap from third parties and in-house recycling at melting unit. |
Recurring vs cyclical contribution Revenue is largely recurring with steady global industrial demand. |
Our industry position Well-established manufacturer with growing export footprint and capacity of 30,000 MTPA. |
Financial highlights FY 2024-25 revenue of Rs 892 crore; net profit Rs 46.8 crore; EBITDA increased 58%; EPS Rs 9.31. |
Geographical revenue split Majority revenue from India Rs 841.9 cr; exports revenue includes Germany, France, Italy, UK, USA, and UAE. |
Order book - |
Whats driving growth Growth driven by increased sales volume, cost optimization, expansion into new markets and product diversification. |
Our future plans Plans to expand product portfolio and strengthen global supply chain; subsidiary established in UAE for market presence. |
Our green promise - |
Our people and values Committed workforce with focus on compliance, safety and diversity; zero tolerance for workplace harassment. |
Key challenges ahead Managing global supply chain risks and expanding product lines amidst competitive market. |
Interesting facts One of few Indian manufacturers with integrated melting to finished stainless steel products in-house. |
Risks and strategy Mitigates raw material price volatility through recycling; focuses on export diversification and cost control. |
