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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Ram Ratna Wires Limited is an India-based manufacturer and supplier of winding wires in the electrical equipment industry. The Company's segments include Enameled Wire and Strips, Copper tubes and pipes, and others. The Enameled wires and strips segment is engaged in the…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A high-quality, fast-growing business, fairly priced.
Ram Ratna Wires is scored on the commodity / cyclical framework. It keeps a thin 2.1% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -0.86×) — worth a closer look. Free cash flow is worth about -5.1% of its market value.
Over the last 3 years revenue compounded at 25%/yr and profit at 32%/yr. Book value itself has compounded 22%/yr — the hallmark of a genuine compounder. Return on equity is an elite 22.4%. In the latest quarter profit grew 2% versus the prior quarter.
At 45× earnings, the stock sits at the 56th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price implies ~16%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 33.86 | 17.59 | worse |
| P/B | 7.65 | 3.28 | worse |
| EV/EBITDA | 15.85 | 18.71 | better |
| ROE | 22.4 | 18.73 | better |
| ROCE | 21.71 | 16.82 | better |
| ROA | 5.99 | 7.56 | worse |
| Quick Ratio | 0.7 | 3.52 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Hindustan Zinc | 11.5 | 8.0 | 69.5% |
| Hindalco Industries | 13.1 | 1.6 | 12.8% |
| Vedanta Aluminium Metal | 6.8 | 6.4 | 80.1% |
Revenue has grown every year across all 4 financial years shown. 25% CAGR over 3 years — high-growth territory. Growth is accelerating — latest year outpaced the prior year's rate.
Net profit has risen every year — the hallmark of a compounder. Profit is growing faster than revenue (32% vs 25%) — margin expansion is at work. The latest year saw a +55% swing — check if it's a one-off or structural.
Operating margins have been stable around 3% — no major structural shift.
ROE at 19% — a respectable return on shareholder capital. High ROE despite single-digit margins — an asset-turn play with high capital velocity.
Profit grew faster than EPS (32% vs 4%) — share dilution is eroding per-share value. 4% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
1 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 6% sequentially — momentum is building. Wide quarterly swings (35% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 26% above earlier ones.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 67.9% — heavily owner-operated with strong skin in the game. Promoters reduced 1.4pp over 4 quarters — watch whether this is planned divestment or pledge invocations. FIIs have accumulated for 3 straight quarters — sustained foreign institutional conviction.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.