Ratnaveer Precision Targets 25% Growth; CCL Business Could Transform Profitability | Business News
ET Now · 02 Nov 2026 · 9 min
Management interview of Ratnaveer Precision Engineering Ltd (RATNAVEER), with 9 key numbers discussed.
- Vijay Sanghavi, Managing Director, Ratnaveer Precision Engineering Ltd
Ratnaveer Precision reported strong domestic demand, lifting revenue by 35% and PAT by 56%, while exports dipped. Management expects EBITDA margin to hold between 12-13% in Q3 and Q4. The existing stainless steel business is guided to maintain a 25% CAGR, driven by tubes, pipes, and fasteners. Furthermore, trial runs for the new copper-clad laminate (CCL) business will begin by mid-December to mid-January, with expected EBITDA margins upgraded to 35-40% amid market shortages.