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 net profit was Rs 18.24 cr on revenue of Rs 314.63 cr in Q1FY27.
- Operating margin was 10.23%, with interest of Rs 6.72 cr and depreciation of Rs 7.38 cr reducing profit below the operating level.
- The 16.63% tax rate supported the conversion of Rs 21.88 cr profit before tax into Rs 18.24 cr net profit.
Q1FY27 earnings were driven by operating profit
Ratnaveer generated Rs 314.63 cr of standalone revenue and Rs 32.18 cr of operating profit in Q1FY27. The Rs 21.88 cr profit before tax shows that financing and non-cash charges were significant below the operating line. Net profit stood at Rs 18.24 cr, with EPS of Rs 10.36.
Interest and depreciation weighed below the operating line
Interest expense of Rs 6.72 cr and depreciation of Rs 7.38 cr reduced the contribution of operating profit to profit before tax. Other income was Rs 3.79 cr, while the reported tax rate was 16.63%. There are no sequential or year-on-year drivers in this release to establish whether margin or cost pressure is improving.
Results were filed after market close
Ratnaveer filed its standalone Q1FY27 results after market close on 24 Jul 2026. With no comparison history or management commentary provided, the next reported quarter will be the first basis for assessing operating-margin direction from the 10.23% level.
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 | ₹282 cr |
| Operating profit | ₹32 cr |
| Operating margin (%) | 10.23% |
| 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 holds above 10.23% next quarter.
- Whether interest expense remains near Rs 6.72 cr.
- Whether the tax rate stays close to 16.63%.