Vadodara, Gujarat, India – Business Wire India Ratnaveer Precision Engineering Ltd. (RPEL) today announced its financial results for the quarter ended June 30, 2026. The Company reported Total Revenue of Rs. 318 crore in Q1 FY27 as against Rs. 265 crore in the corresponding quarter last year, registering a growth of 20% year-on-year. EBITDA stood at Rs. 36 crore with an EBITDA margin of 11.3%, while Profit After Tax (PAT) came in at Rs. 18.2 crore, reflecting a growth of 21% over Q1 FY26.

The quarter was marked by strong operational execution and continued progress on the Company's long-term growth strategy. Ratnaveer strengthened its financial profile through an upgrade in its Infomerics (IVR) credit ratings, received regulatory approvals for its proposed Rights Issue, advanced the execution of its landmark Copper Clad Laminate (CCL) project, and was recognised nationally for excellence in engineering exports.

Financial Highlights – Q1 FY27 Particulars (Rs. in Crore) Q1 FY27 Q1 FY26 YoY Growth Q4 FY26 Total Revenue 318 265 20% 249 EBITDA 36 27 33% 28 EBITDA Margin (%) 11.3% 10.0% - 11.0% Profit After Tax (PAT) 18.2 15.0 21% 17.0 Key Business Highlights • CCL project reaches approximately 60% completion, with commercial production on track for November 2026. Key machinery shipments are expected shortly.

• Received in-principle approval under the Gujarat Electronics Policy for the proposed Rs. 472.34 crore Copper Clad Laminate (CCL) Project, further strengthening the Company's expansion into advanced electronic materials.

• Infomerics Valuation and Rating Ltd. (IVR) upgraded the Company's long-term credit rating to IVR A-/Stable (revised from IVR BBB+/Positive) and the short-term rating to IVR A2+. The total rated bank facilities were also enhanced to Rs. 388.47 crore from Rs. 295.76 crore, reflecting improved operational performance, financial strength and execution capabilities.

• Received NSE & BSE in-principle approvals for the proposed Rights Issue of up to Rs. 330 crore, supporting future expansion and strategic growth initiatives.

• Honoured with the Star Performer - Large Enterprise Award at the 42nd EEPC India Export Awards for excellence in engineering exports.

• The Company believes the significant domestic supply-demand gap in Copper Clad Laminates presents a compelling import substitution opportunity, supporting long-term growth in India's electronics manufacturing sector.

The Company's Copper Clad Laminate project, being developed under the Central & State Government scheme, is expected to be India's first fully integrated high-volume CCL manufacturing facility. The project is strategically positioned to reduce India's dependence on imports while supporting the country's vision of Aatmanirbhar Bharat and Make in India.

Management Commentary Commenting on the performance, Mr. Vijay Sanghavi, Managing Director & CFO, Ratnaveer Precision Engineering Ltd., said: "We have begun FY27 on a positive note with continued momentum across our core business and encouraging progress on our strategic initiatives. The progress achieved on our Copper Clad Laminate project, together with the upgrade in our Infomerics credit ratings, regulatory approvals and industry recognition received during the quarter, reflects the strength of our business fundamentals. We remain committed to delivering sustainable growth through operational excellence, strategic investments and innovation while contributing to India's evolving manufacturing ecosystem." About Ratnaveer Precision Engineering Ltd.

Ratnaveer Precision Engineering Ltd. is a leading manufacturer of stainless steel finished sheets, washers, solar roofing hooks, tubes, pipes and precision engineering products. With over 25 years of manufacturing expertise, the Company serves customers across domestic and international markets and is expanding into advanced electronic materials through India's first fully integrated Copper Clad Laminate (CCL) manufacturing facility under the Government of India's PLI Scheme for Electronics.

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Copper Clad Laminate expansion advances through policy and rights-issue approvals, supporting domestic electronics manufacturing and strategic growth initiatives. The company reported progress on a proposed Copper Clad Laminate manufacturing project, including in-principle approval under the Gujarat Electronics Policy and substantial project completion. The facility is intended to support domestic electronics manufacturing and reduce import dependence. It also reported upgraded credit ratings, enhanced rated bank facilities, and stock-exchange in-principle approvals for a proposed rights issue supporting expansion and strategic growth initiatives.