Ratnaveer reports Rs 18.24 cr profit with a 6.05% operating margin
Other income supported pre-tax profit, while interest and depreciation remained material charges below operating profit.
Filed 24 Jul 2026, 16:58 IST · after market close · RATNAVEER (RATNAVEER)
Key takeaways
- Standalone Q1FY27 net profit of Rs 18.24 cr was generated from Rs 314.63 cr revenue, but operating margin was only 6.05%.
- Other income of Rs 3.79 cr lifted profit before tax to Rs 21.88 cr, making earnings less purely operating in character.
- Interest of Rs 6.72 cr and depreciation of Rs 7.38 cr were significant charges below operating profit of Rs 19.03 cr.
Profitability came with a thin operating spread
Ratnaveer reported standalone net profit of Rs 18.24 cr on revenue of Rs 314.63 cr in Q1FY27. The 6.05% operating margin shows that only a modest portion of revenue remained after expenses. With no comparison period provided, the quarter is best read through its earnings composition.
Non-operating income supported pre-tax earnings
Other income of Rs 3.79 cr contributed to profit before tax of Rs 21.88 cr, so reported earnings were not solely driven by operations. Interest of Rs 6.72 cr and depreciation of Rs 7.38 cr were material charges below operating profit of Rs 19.03 cr. The tax rate was 16.63%, which also shaped the conversion of pre-tax profit into net profit.
Results were filed after market close
The standalone results were filed at 16:58 IST on 24 Jul 2026, after the market closed. There is no immediate market reaction to assess, and no recent-result reaction history or quarter-on-quarter trend is provided.
Q1FY27 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹315 cr |
| Other income | ₹4 cr |
| Expenses | ₹296 cr |
| Operating profit | ₹19 cr |
| Operating margin (%) | 6.05% |
| Interest | ₹7 cr |
| Depreciation | ₹7 cr |
| Profit before tax | ₹22 cr |
| Tax | ₹4 cr |
| Net profit | ₹18 cr |
| EPS (₹) | ₹10.36 |
What to watch
- Whether operating margin moves above or below 6.05%.
- Whether other income remains material relative to profit before tax of Rs 21.88 cr.
- Whether interest stays near Rs 6.72 cr as operating profit changes.