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Ram Ratna Wires Limited (522281) Fair Value & Analysis

Technology · IN · Market cap ₹1.6B

RR Ram Ratna Wires Limited 522281 · BSE
Price₹473.45
Fair Value₹60.19
Upside-87.3%
Quality38/100
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Expensive Growth
Thin margins · 0.3% net margin
Low debt
0.70% dividend yield
Narrow moat 19/100
Evidence: High Range ₹43.85 – ₹75.24 Share as image

Fair value as of: Aug 13, 2026

From 16 valuation models · updated 5 days ago

Fair value updated Aug 13, 2026, revised from ₹637.74 to ₹60.19 (−90.6%) since Aug 9, 2026.

Below-average quality, and screening another 87% overvalued on our models.

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What matters now

  • The price sits above even our optimistic bull case (₹75.24). The favourable scenario is already priced in.
  • Weak quality (38/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

₹475.30 ₹18.02 Fair Value ₹60.19 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹18.02 – ₹475.30 · fair‑value band ₹43.85 – ₹75.24 · the ₹473.45 price screens above the ₹60.19 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Ram Ratna Wires Limited (522281) currently trades at ₹473.45, while our model-based Fair Value estimate is ₹60.19, implying the stock looks roughly 87.3% overvalued today. The Quality Score stands at 38/100 (below-average quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Ram Ratna Wires Limited generated revenue of ₹12.2B at a net margin of 0.3%. Revenue declined 2.0% year over year. It earns a return on equity of 1.7%. The stock trades on a trailing P/E of 43.8 (as of Jul 4, 2026). Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹43.85 (bear case) to ₹75.24 (bull case); at ₹473.45, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 9% below its 52-week high and 76% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -53% fair-value upside, at -87%, 522281 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income ₹203.59 ₹249.14 ₹567.82 76
ROIC Compounder ₹419.54 ₹598.91 ₹803.81 72
Gordon GGM ₹38.85 ₹70.00 ₹96.36 70
All 16 models by family
Earnings-Based
Graham-Dodd ₹216.83 ₹1,379 ₹1,928 54
Lynch FV ₹398.87 ₹569.82 ₹740.76 50
PEG = 1.0 ₹398.87 ₹569.82 ₹740.76 46
EPV ₹354.53 ₹414.59 ₹464.65 59
Dividend Discount
Gordon GGM ₹38.85 ₹70.00 ₹96.36 70
DDM Multi-Stage ₹38.85 ₹63.94 ₹74.78 61
Multiples
P/E Multiple ₹669.63 ₹892.83 ₹1,116 63
P/S Multiple ₹406.56 ₹542.08 ₹677.60 58
P/B Multiple ₹406.56 ₹542.08 ₹677.60 55
EV/EBIT ₹1,015 ₹1,382 ₹1,749 53
EV/EBITDA ₹875.70 ₹1,196 ₹1,517 54
EV/Revenue ₹470.77 ₹709.36 ₹947.96 43
Asset-Based
NCAV (Graham) ₹109.85 ₹147.20 ₹219.70 50
Economic Profit
Residual Income ₹203.59 ₹249.14 ₹567.82 76
ROIC Compounder ₹419.54 ₹598.91 ₹803.81 72
Growth Earnings
Growth-Adj P/E ₹650.46 ₹929.23 ₹1,208 68

Widest divergence: Growth Earnings (₹929.23) versus Dividend Discount (₹63.94). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) ₹12.2B
Revenue growth (YoY) -2.0%
Net margin 0.3%
Return on equity 1.7%
P/E ratio 43.8 as of Jul 4, 2026
Operating margin 2.0%
More key figures
EPS (TTM) ₹1.62
Dividend yield 0.7%
EPS growth (YoY) -57.2%

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 38/100

Of which business quality 43 · Market factors (momentum, volatility) 72

Profitability 52
Margins and returns on capital today
Quality Growth 49
Are margins and returns improving?
Cashflow 44
Earnings quality: real cash, not paper profit
Fin. Strength 42
Balance sheet, leverage, solvency risk
Investment 25
Disciplined investing over empire-building
Low Volatility 47
Calm price path (market factor)
Momentum 84
Price trend over the last 3–12 months (market factor)
52W Momentum 81
Distance to the 52-week high (market factor)
Net Issuance 40
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Ram Ratna Wires Limited manufactures and sells electronic and electric wires and cables for original equipment manufacturers in India.

Full company description

Ram Ratna Wires Limited manufactures and sells electronic and electric wires and cables for original equipment manufacturers in India. The company offers enameled copper and aluminum winding wires; enameled copper and aluminum strips; paper covered wires and copper strips; fiber glass covered copper and aluminum strips; enameled and fiber glass covered copper strips; insulated copper and aluminum strips and fine and super fine wires; bunched or braided wires; and submersible winding wires, litz wires, super fine enameled wires, and corona resistant wires. It also exports its products. The company was incorporated in 1992 and is headquartered in Mumbai, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ram Ratna Wires Limited reported revenue of ₹36.8B in FY2025 versus ₹15.3B in FY2021, a compound +24.6%/yr. Reported net income was ₹702M in FY2025, compounding +47.3%/yr from FY2021.

Growth Quality 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
₹36.8B
Latest YoY
+23.2%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+17.1%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+20.5%
Avg. growth/yr (11Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+16.3%
Revenue +24.6%/yr
FY21 ₹15.3B
FY22 ₹22.9B
FY23 ₹26.5B
FY24 ₹29.8B
FY25 ₹36.8B
Net income +47.3%/yr
FY21 ₹149M
FY22 ₹522M
FY23 ₹449M
FY24 ₹523M
FY25 ₹702M

522281 screens 87% overvalued. Compare with Finolex Cables Limited →

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Cite: Fair Value Calculator (2026). "Ram Ratna Wires Limited Fair Value". https://www.fairvalue-calculator.com/stock/522281

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Diversified Electronics stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

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Modison Metals Limited 506261 ₹310.40 ₹107.17 -65%
Lakshmi Electrical Control Systems Limited 504258 ₹825.95 ₹85.75 -90%
CMI Limited 517330 ₹2.79 ₹0.6900 -75%
RTS Power Corporation 531215 ₹98.20 ₹46.19 -53%
Switching Technologies Gunther Limited 517201 ₹114.55 ₹185.14 +62%
Samsung Electronics Co 005930 255,500 KRW 163,160 KRW -36%
SK hynix Inc 000660 1,504,000 KRW 1,481,291 KRW -2%
MediaTek Inc 2454 4,015 TWD 1,559 TWD -61%

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Frequently asked questions

Is Ram Ratna Wires Limited (522281) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹60.19 versus a price of ₹473.45, about −87% (overvalued).
What is the fair value of 522281?
Our model-based fair value for Ram Ratna Wires Limited is ₹60.19 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹473.45.
What is the quality score of 522281?
Ram Ratna Wires Limited has a Quality Score of 38/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Ram Ratna Wires Limited (522281)?
Ram Ratna Wires Limited reported trailing-twelve-month revenue of about ₹12.2B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 522281?
The net profit margin of Ram Ratna Wires Limited is about 0.3%, meaning it keeps roughly 0.3% of revenue as net income. Based on the latest reported figures.
Does Ram Ratna Wires Limited pay a dividend?
Ram Ratna Wires Limited currently shows a dividend yield of about 0.70% relative to its recent price (as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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