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    Ram Ratna Wires Limited

    India's leading manufacturer of enamelled winding wires and strips, now expanding into copper tubes & pipes.

    Capital Goods
    Industrials
    ₹407.15
    +1.53% from avg

    Overview

    Price

    ₹407.15

    Market Cap

    ₹3.9k Cr

    Sector

    Capital Goods

    Industrials

    Rank

    2

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1111112222222347
    Reserves168189260290404461484533
    Borrowings292361270267249305627675
    Other Liabilities7085174251277512571739
    Total Liabilities5416467158299521.3k1.7k2.0k
    AssetsFixed Assets167158151147214404431639
    CWIP13742911313134
    Investments2737668043191816
    Other Assets3464474925996667631.1k1.3k
    Total Assets5416467158299521.3k1.7k2.0k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating-864-2615165138227-93
    Cash from Investing-16-17-14-19-20-6-268-151
    Cash from Financing28-5442-121-45-1073250
    SummaryCapital Expenditure
    Free Cash Flow-4447-391324032-10-264
    FCF Margin

    Valuation

    Assumptions

    Current — RAMRAT
    Price
    ₹407
    EPS (TTM)
    ₹11.56
    PE (TTM)
    35.2
    Profit growth
    32.4%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (55.1×) and current (35.2×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹407
    vs
    Fair value · 15% return
    ₹782
    92%Undervalued

    At 32.4% growth and a 35× exit, ₹407 only delivers your return if you pay ₹782. The price is currently baking in 18% growth.

    EPS grows 32.4%/yr for 5 years, then fades to 6% over 2, exits at 35×.

    YearGrowthEPS (₹)
    FY2732.4%15.31
    FY2832.4%20.26
    FY2932.4%26.83
    FY3032.4%35.52
    FY3132.4%47.03
    FY3219.2% ·fade56.06
    FY336.0% ·fade59.43

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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