Ticker > Company >

Ram Ratna Wires share price

Ram Ratna Wires Ltd.

NSE: RAMRAT BSE: 522281 SECTOR: Metal - Non Ferrous  64.22 K   97   10

684.65
+3.15 (0.46%)
BSE: 18 Sep 04:01 PM

Price Summary

Today's High

₹ 685.95

Today's Low

₹ 678

52 Week High

₹ 786.85

52 Week Low

₹ 456.8

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

3192.29 Cr.

Enterprise Value

3447.68 Cr.

No. of Shares

4.66 Cr.

P/E

50.25

P/B

6.35

Face Value

₹ 5

Div. Yield

0.37 %

Book Value (TTM)

₹  107.86

CASH

23.21 Cr.

DEBT

278.6 Cr.

Promoter Holding

72.97 %

EPS (TTM)

₹  13.63

Sales Growth

22.42%

ROE

15.61 %

ROCE

21.3%

Profit Growth

19.61 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

Please login to Add & View your own added ratios.

Login

Brands

These are the brands of Ram Ratna Wires Ltd.

RR Cable RR Shramik RR Parkon RR Busducts RR Electric RR Busbars and Tapes RR Switchgear Bgauss

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year22.42%
3 Year21.64%
5 Year23.61%

Profit Growth

1 Year19.61%
3 Year13.79%
5 Year38.13%

ROE%

1 Year15.61%
3 Year15.66%
5 Year15.05%

ROCE %

1 Year21.3%
3 Year19.88%
5 Year17.08%

Debt/Equity

0.572

Price to Cash Flow

14.18

Interest Cover Ratio

2.8718

CFO/PAT (5 Yr. Avg.)

2.3279393604603

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2025 72.97 0.00
Mar 2025 72.97 0.00
Dec 2024 72.97 0.00
Sep 2024 73.04 0.00
Jun 2024 73.04 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 21.6443327856049% for the Past 3 years.
  • The company has an efficient Cash Conversion Cycle of 18.6902 days.
  • The company has a good cash flow management; CFO/PAT stands at 2.3279393604603.
  • The company has a high promoter holding of 72.97%.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025
Net Sales 880.91 812.9 728.94 931.95 960.4
Total Expenditure 845.63 782.03 701.46 890.42 920.56
Operating Profit 35.28 30.87 27.48 41.53 39.84
Other Income 3.5 3.84 4.53 6.67 3.89
Interest 10.82 8.46 10.2 15.14 15.41
Depreciation 4.75 4.24 4.28 5.49 7.66
Exceptional Items 0 0 0 0 0
Profit Before Tax 23.21 22.01 17.53 27.57 20.67
Tax 6.23 4.8 3.3 10.01 6.13
Profit After Tax 16.98 17.21 14.23 17.56 14.54
Adjusted EPS (Rs) 3.86 3.91 3.23 3.99 3.3

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 1386.98 2012.57 2328.17 2959.18 3622.68
Total Expenditure 1335.22 1922.74 2236.49 2837.79 3470.48
Operating Profit 51.77 89.83 91.68 121.38 152.2
Other Income 2.47 12.01 7.95 16.55 18.42
Interest 19.94 20.55 26.17 38.71 52.41
Depreciation 16.41 16.23 16.31 17.82 20.1
Exceptional Items 0 0 0 0 0
Profit Before Tax 17.89 65.07 57.15 81.41 98.1
Tax 4.38 16.39 14.24 21.45 26.38
Net Profit 13.51 48.68 42.91 59.97 71.72
Adjusted EPS (Rs.) 3.07 11.06 9.75 13.63 16.29

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 11 11 22 22 22.02
Total Reserves 186.42 253.99 282.07 412.08 467.89
Borrowings 73.21 81.55 62.21 95.76 188.31
Other N/C liabilities 11.38 18.53 19.92 16.8 22.17
Current liabilities 294.57 259.34 332.55 383.77 569.08
Total Liabilities 576.59 624.41 718.75 930.42 1269.47
Assets
Net Block 130.34 118.08 108.77 191.16 365.38
Capital WIP 0 2.44 0.31 26.59 113.5
Intangible WIP 0 0 0 0 0
Investments 49.2 76.93 90.7 26.92 56.9
Loans & Advances 6.84 11.43 20.36 53.57 57.79
Other N/C Assets 0 0 11.39 5.46 2.97
Current Assets 390.21 415.52 487.22 626.72 672.94
Total Assets 576.59 624.41 718.75 930.42 1269.47
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 17.89 65.07 57.15 81.41 98.1
Adjustment 36.56 33.55 40.29 49.16 65.46
Changes in Assets & Liabilities -86.94 69.92 -14.26 40.7 83.17
Tax Paid -4.6 -16.08 -14.76 -28.93 -21.66
Operating Cash Flow -37.09 152.46 68.43 142.35 225.07
Investing Cash Flow -10.88 -11.3 -13.45 -5.8 -246.37
Financing Cash Flow 48.54 -135.42 -51.57 -110.03 -16.75
Net Cash Flow 0.57 5.74 3.4 26.52 -38.04

Corporate Actions

Investors Details

PARTICULARS Jun 2024% Sep 2024% Dec 2024% Mar 2025% Jun 2025%
promoters 73.04 73.04 72.97 72.97 72.97
asha muchhal 0.44 0.44 0.44 0.44 0.44
esses family private trus... 2.99 2.99 2.99 2.99 2.99
esses shares family priva... 1.50 1.50 1.49 1.49 1.49
hemant kabra 5.98 5.98 5.98 5.98 5.98
jag-bid finvest pvt ltd 3.35 3.35 3.35 3.35 3.35
kabel buildcon solutions ... 0.18 0.18 0.18 0.18 0.18
kirtidevi shreegopal kabr... 0.58 0.58 0.58 0.58 0.58
mahendrakumar kabra 5.98 5.98 5.98 5.98 5.98
mahhesh kabra 6.39 6.39 6.39 6.39 6.39
mew electricals limited 1.82 1.82 1.82 1.82 1.82
priti saboo 0.18 0.18 0.18 0.18 0.18
priyanka kabra 1.45 1.45 1.44 1.44 1.44
r r kabel limited 6.41 6.41 6.41 6.41 6.41
rajesh kabra 0.88 0.88 0.88 0.88 0.88
ram ratna research and ho... 15.45 15.45 15.44 15.44 15.44
sarita jhawar 1.47 1.47 1.47 1.47 1.47
shreegopal rameshwarlal k... 0.30 0.30 0.30 0.30 0.30
sumeet kabra 1.50 1.50 1.49 1.49 1.49
tmg global fzco 6.36 6.36 6.36 6.36 6.36
tribhuvanprasad rameshwar... 4.62 4.62 4.61 4.61 4.61
vvidhi mahhesh kabra 5.20 5.20 5.19 5.19 5.19
PARTICULARS Jun 2024% Sep 2024% Dec 2024% Mar 2025% Jun 2025%
investors 26.96 26.96 27.03 27.03 27.03
investor education and pr... 0.92 - 0.94 - 0.94
l7 hitech private limited... - - 1.40 1.42 1.42
lata shyam parwaney 1.18 1.11 1.11 1.11 1.08
investor education and pr... - 0.92 - 0.94 -

Annual Reports

Title Link
Title Link
Annual Report 2024
Annual Report 2023
Annual Report 2022
Annual Report 2021
Annual Report 2020
Annual Report 2019
Annual Report 2018
Annual Report 2017

Ratings & Research Reports

TYPE AGENCY Link
TYPE AGENCY Link
Credit FITCH
Credit CRISIL
Credit FITCH
Credit FITCH
Credit FITCH
Credit CRISIL
Credit FITCH
Credit CRISIL
TYPE AGENCY Link
TYPE AGENCY Link
 No Research reports exist for this company.Report us

Concalls & Presentations

TYPE QUARTER Link
TYPE QUARTER Link
 Currently we do not have any Concall related to this company.Report us
TYPE QUARTER Link
TYPE QUARTER Link
Presentation Q4FY24
Presentation Q4FY23
Presentation Q3FY25
Presentation Q3FY24

Company News

Ram Ratna Wires to foray into Bulk Molding Compound production 8 Aug, 2:23 PM Ram Ratna Wires - Quaterly Results 7 Aug, 5:00 PM Ram Ratna Wires - Quaterly Results 7 Aug, 5:00 PM Ram Ratna Wires - Quaterly Results 7 Aug, 5:00 PM Ram Ratna Wires informs about newspaper publication 24 Jul, 1:27 PM Ram Ratna Wires informs about newspaper advertisement 16 Jul, 3:26 PM Ram Ratna Wires - Quaterly Results 23 Jun, 6:49 PM Ram Ratna Wires - Quaterly Results 23 Jun, 6:49 PM Ram Ratna Wires gets nod to acquire additional 4% stake in Tefabo Product 30 May, 10:52 AM Ram Ratna Wires - Quaterly Results 29 May, 6:04 PM Ram Ratna Wires - Quaterly Results 29 May, 6:04 PM Ram Ratna Wires informs about board meeting 22 May, 1:09 PM Ram Ratna Wires informs about disclosure 6 Feb, 12:38 PM Ram Ratna Wires enters into loan agreement with Epavo 6 Feb, 12:28 PM Ram Ratna Wires - Quaterly Results 29 Jan, 3:14 PM Ram Ratna Wires - Quaterly Results 29 Jan, 3:14 PM Ram Ratna Wires - Quaterly Results 29 Jan, 3:14 PM Ram Ratna Wires selected in 3rd round of PLI Scheme for white goods 21 Jan, 3:11 PM Ram Ratna Wires informs about board meeting 21 Jan, 2:47 PM Ram Ratna Wires informs about notice of postal ballot 2 Jan, 3:05 PM Ram Ratna Wires submits analyst meet intimation 25 Nov, 5:25 PM Ram Ratna Wires informs about disclosure 18 Nov, 2:51 PM Ram Ratna Wires acquires 60% stake in Tefabo Product 13 Nov, 5:59 PM Ram Ratna Wires informs about investor presentation 29 Oct, 5:16 PM Ram Ratna Wires - Quaterly Results 28 Oct, 6:41 PM Ram Ratna Wires - Quaterly Results 28 Oct, 6:41 PM Ram Ratna Wires gets nod to acquire 60% stake in Tefabo 15 Oct, 11:57 AM Ram Ratna Wires - Quaterly Results 2 Aug, 6:51 PM Ram Ratna Wires - Quaterly Results 2 Aug, 6:51 PM Ram Ratna Wires informs about loss of share certificate 16 May, 5:31 PM Ram Ratna Wires - Quaterly Results 14 May, 1:20 PM Ram Ratna Wires - Quaterly Results 14 May, 1:20 PM Ram Ratna Wires - Quaterly Results 14 May, 1:20 PM Ram Ratna Wires informs about compliance certificate 27 Apr, 4:24 PM Ram Ratna Wires informs about newspaper publication 7 Mar, 4:49 PM Ram Ratna Wires informs about financial results 5 Feb, 10:41 AM Ram Ratna Wires - Quaterly Results 2 Feb, 6:35 PM Ram Ratna Wires - Quaterly Results 2 Feb, 6:35 PM Ram Ratna Wires informs about board meeting 25 Jan, 2:33 PM Ram Ratna Wires informs about closure of trading window 23 Dec, 12:20 PM Ram Ratna Wires informs about analyst meet 22 Nov, 3:22 PM Ram Ratna Wire informs about press release 9 Nov, 12:37 PM Ram Ratna Wires - Quaterly Results 7 Nov, 6:24 PM Ram Ratna Wires - Quaterly Results 7 Nov, 6:24 PM Ram Ratna Wires informs about board meeting 27 Oct, 12:28 PM Ram Ratna Wires informs about closure of trading window 27 Sep, 12:35 PM Ram Ratna Wires informs about newspaper advertisement 19 Aug, 3:18 PM Ram Ratna Wires submits annual report and AGM notice 18 Aug, 2:40 PM Ram Ratna Wires - Quaterly Results 9 Aug, 5:58 PM Ram Ratna Wires - Quaterly Results 9 Aug, 5:58 PM

Ram Ratna Wires Stock Price Analysis and Quick Research Report. Is Ram Ratna Wires an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Ram Ratna Wires. 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Ram Ratna Wires has a PE ratio of 50.1177903844884 which is high and comparatively overvalued.

  • Return on Assets (ROA): Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Ram Ratna Wires has ROA of 6.5206% which is a bad sign for future performance. (Higher values are always desirable.)

  • Current ratio: The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Ram Ratna Wires has a Current ratio of 1.1825.

  • Return on equity: ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Ram Ratna Wires has a ROE of 15.6068%. (Higher is better)

  • Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. Ram Ratna Wires has a Debt to Equity ratio of 0.572 which means that the company has low proportion of debt in its capital.

  • Sales growth: Ram Ratna Wires has reported revenue growth of 22.4218% which is fair in relation to its growth and performance. 

  • Operating Margin: This will tell you about the operational efficiency of the company. The operating margin of Ram Ratna Wires for the current financial year is 4.20133230668991%.

  • Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Ram Ratna Wires is Rs 2.5 and the yield is 0.3665%.

  • Earnings Per Share: It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Ram Ratna Wires is Rs 13.6259. The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Ram Ratna Wires in Ticker for free. Also, one can get the intrinsic value of Ram Ratna Wires by using Valuation Calculators, which are available with a Finology ONE subscription. 

Ram Ratna Wires FAQs

Q1. What is Ram Ratna Wires share price today?
Ans: The current share price of Ram Ratna Wires is Rs 682.9.

Q2. What is the market capitalisation of Ram Ratna Wires?
Ans: Ram Ratna Wires has a market capitalisation of Rs 3184.12614344 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of Ram Ratna Wires?
Ans: The PE ratio of Ram Ratna Wires is 50.1177903844884 and the P/B ratio of Ram Ratna Wires is 6.33139655087693, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of Ram Ratna Wires share?
Ans: The 52-week high share price of Ram Ratna Wires is Rs 785.95, and the 52-week low share price of Ram Ratna Wires is Rs 456.6.

Q5. Does Ram Ratna Wires pay dividends?
Ans: Currently, Ram Ratna Wires pays dividends. Dividend yield of Ram Ratna Wires is around 0.3665%.

Q6. What are the face value and book value of Ram Ratna Wires shares?
Ans: The face value of Ram Ratna Wires shares is Rs 5, while the book value per share of Ram Ratna Wires is around Rs 107.8593. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What is the debt of Ram Ratna Wires?
Ans: Ram Ratna Wires has a total debt of Rs 278.5994 Cr., which affects investor sentiment and financial stability. 

Q8. What are the ROE and ROCE of Ram Ratna Wires?
Ans: The ROE of Ram Ratna Wires is 15.6068% and ROCE of Ram Ratna Wires is 21.2998%. ROE shows how efficiently the company is generating profit from shareholders’ equity, while the ROCE is reflects how efficiently the company uses its capital to generate returns.

Q9. Is Ram Ratna Wires a good buy for the long term?
Ans: The Ram Ratna Wires long-term outlook depends on debt levels, earnings growth, and sector trends. If it sustains profits and manages debt well, it may be considered for long-term investment.

Q10. Is Ram Ratna Wires undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Ram Ratna Wires appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

Q11. How to check Ram Ratna Wires’s financials?
Ans: You can review Ram Ratna Wires’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.

Last Updated on:
Brief about Ram Ratna Wires

Ram Ratna Wires Limited Financials: Check Share Price, Balance Sheet, Annual Report, Quarterly Results, Shareholding, Company Profile and News for Company Analysis

Ram Ratna Wires Limited (RRWL) is one of India's leading manufacturers and suppliers of high-quality wires and cables for several industries, including automotive, power, cement, and steel. The company was founded in 1991 and has its headquarters in Mumbai, India. RRWL's product range includes copper, aluminum, bare conductor, and tinned copper wires, among others.

Ram Ratna Wires Limited:  Share Price

Investors who are interested in investing in RRWL's stock can monitor the latest share price on our stock analysis page. The page provides real-time stock price updates, along with an interactive price chart that can be customized to display specific periods.

Ram Ratna Wires Limited: Balance Sheet

RRWL's balance sheet is an essential tool for investors to assess the company's financial stability and its ability to meet obligations. Our website provides downloadable annual reports that include RRWL's balance sheet. Premium subscribers can also use our DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis tools to determine fair value.

Ram Ratna Wires Limited:  Annual Report

RRWL's annual report provides a detailed summary of the company's financial performance for the year. Our website provides downloadable annual reports for RRWL for investors to review.

Ram Ratna Wires Limited:  Dividend

RRWL's dividend history can be found on our stock analysis page, which includes information on the company's dividend payouts over the years. Investors who are interested in dividend income can use our pre-built screening tools to find companies that have a history of paying consistent or increasing dividends.

Ram Ratna Wires Limited: Quarterly Result

RRWL's quarterly results are provided on our website, which includes the company's financial performance over the previous quarter. Premium subscribers can use our DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis tools to determine fair value.

Ram Ratna Wires Limited: Stock Price

RRWL's stock price can be found on our stock analysis page, which includes real-time price updates and an interactive price chart for analysis. Investors can use the page to monitor price trends and identify buying or selling opportunities.

Ram Ratna Wires Limited: Price Chart

Our website provides an interactive price chart for RRWL's stock, which can be customized to display specific periods and can be used to identify trends and trading opportunities.

Ram Ratna Wires Limited:  News

Investors can stay up-to-date with the latest news on RRWL through our stock analysis page. The page includes news articles related to the company, including mergers and acquisitions, partnerships, and new product launches.

Ram Ratna Wires Limited:  Concall Transcripts

RRWL's concall transcripts are provided on our website, which includes the company's management commentary on its financial performance and future outlook. Premium subscribers can use our DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis tools to determine fair value.

Ram Ratna Wires Limited: Investor Presentations

RRWL's investor presentations are available for download on our website and provide insights into the company's strategy, financial performance, and future outlook.

Ram Ratna Wires Limited: Promoters

RRWL's promoters are the key individuals who have founded, nurtured, and grown the company. Our website provides information on the company's promoters, including their shareholding and significant contributions to the company.

Ram Ratna Wires Limited: Shareholders

RRWL's shareholders are the individuals or organizations that own a stake in the company. Our stock analysis page provides insights into the company's shareholders, including their ownership percentage, and any significant changes in their shareholding.

In conclusion, investing in RRWL requires careful analysis of several factors, including the company's financial performance, dividend history, management commentary, and growth prospects. Our website provides several tools to aid investors in assessing RRWL's stock, including its balance sheet and fair value calculation tools. 

Ram Ratna Wires Reserves Analysis

Over the years from March 2020 to March 2024, Ram Ratna Wires has shown a robust increase in its total reserves, growing from Rs 166.23 Cr in March 2020 to Rs 379.04 Cr in March 2024. This substantial growth indicates solid retentions and profit reinvestment, which could reflect the company's sound financial management.

Ram Ratna Wires Balance Sheet Overview

The data reveals steady growth in the company's total assets from Rs 467.09 Cr in March 2020 to Rs 780.68 Cr in March 2024. Simultaneously, total liabilities have increased, but more importantly, the equity has doubled in March 2023. This implies an expansion or recapitalization, providing a robust base for future growth.

Ram Ratna Wires Debt Standing

A notable detail in the balance sheet is the decrease in borrowings, from Rs 81.55 Cr in March 2022 to Rs 41.96 Cr in March 2024. Reducing debt can be a positive signal, suggesting a strategic move towards less leverage and a potentially stronger financial position.

Ram Ratna Wires Asset Composition

The total net block has seen a decrease over the years but experienced a rise in March 2024 to Rs 132.09 Cr. Capital WIP increased significantly to Rs 18.37 Cr in March 2024, which could indicate ongoing investment in growth opportunities or asset enhancement.

Ram Ratna Wires Current Assets Growth

Current assets have shown an upward trajectory reaching Rs 533.80 Cr by March 2024. The increasing current assets may hint at better liquidity and operational efficiency, signifying a positive aspect for day-to-day business operations.

The provided data constitutes an analysis for the Standalone Balance Sheet of Ram Ratna Wires.

With this continual growth in assets, Ram Ratna Wires emerges as a potential company to watch in the sector, offering insight for investors monitoring the NSE/BSE indices. 

Ram Ratna Wires Reserves Analysis

From March 2020 to March 2024, Ram Ratna Wires demonstrated significant growth in total reserves, expanding from Rs 166.23 Cr to Rs 379.04 Cr. This notable increase reflects the company's potential for reinvestment and financial robustness, crucial for future expansion and stability.

Ram Ratna Wires Debt Management

Ram Ratna Wires managed to reduce its borrowings effectively, from a peak of Rs 81.55 Cr in March 2022 to Rs 41.96 Cr by March 2024. This reduction in debt highlights a strategic improvement in the company’s financial agility and reduced dependency on external financing.

Ram Ratna Wires Asset Growth

Regarding asset management, Ram Ratna Wires increased its total assets steadily from Rs 467.09 Cr in March 2020 to Rs 780.68 Cr by March 2024. This growth in assets, especially in current assets from Rs 283.78 Cr to Rs 533.80 Cr in the same period, indicates better liquidity and operational efficiency, supporting day-to-day business functions effectively.

Ram Ratna Wires Investment Dynamics

Although there was fluctuation, the company's investment stood at Rs 36.76 Cr in March 2024, down from a high of Rs 90.70 Cr in March 2023. These movements suggest strategic asset reallocation or cash flow management adjustments over these years.

The information provided is based on the Standalone Balance Sheet analysis for Ram Ratna Wires, aiming to offer a detailed perspective to investors following stock trends in the electric and electronic sector on NSE/BSE indices.

Read More
X