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Ratnaveer Precision Engineering (NSE:RATNAVEER) 3-Year Revenue Growth Rate : 25.30% (As of Mar. 2024)


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What is Ratnaveer Precision Engineering 3-Year Revenue Growth Rate?

Ratnaveer Precision Engineering's Revenue per Share for the six months ended in Mar. 2024 was ₹145.92.

During the past 12 months, Ratnaveer Precision Engineering's average Revenue per Share Growth Rate was 47.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 25.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 5 years, the highest 3-Year average Revenue per Share Growth Rate of Ratnaveer Precision Engineering was 25.30% per year. The lowest was 17.30% per year. And the median was 21.30% per year.


Competitive Comparison of Ratnaveer Precision Engineering's 3-Year Revenue Growth Rate

For the Steel subindustry, Ratnaveer Precision Engineering's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ratnaveer Precision Engineering's 3-Year Revenue Growth Rate Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ratnaveer Precision Engineering's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Ratnaveer Precision Engineering's 3-Year Revenue Growth Rate falls into.



Ratnaveer Precision Engineering 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.


Ratnaveer Precision Engineering  (NSE:RATNAVEER) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.


Ratnaveer Precision Engineering 3-Year Revenue Growth Rate Related Terms

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Ratnaveer Precision Engineering (NSE:RATNAVEER) Business Description

Traded in Other Exchanges
Address
Plot no. E-77, G.I.D.C, Savli (Manjusar), Vadodara, GJ, IND, 391 775
Ratnaveer Precision Engineering Ltd is a stainless steel (SS) product manufacturer focused on producing finished sheets, washers, solar roofing hooks, pipes and tubes. It manufactures finishing sheets, washers and solar mounting hooks at Unit I and SS pipes & tubes at Unit II. Unit III and Unit IV are dedicated to the backward integration process where Unit III is the melting unit where the company melts steel scrap and turns it into steel ingots and Unit IV is the rolling unit where flat ingots are further processed to turn them into sheets which are the raw material for washers.

Ratnaveer Precision Engineering (NSE:RATNAVEER) Headlines

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