Ram Ratna Wires Approves Rs 86 Crore Expansion of 3,600 MT Capacity
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Ram Ratna Wires will spend Rs 86 crore to add 3,600 MT of capacity at its Silvassa plant, targeting utilisation of about 90‑95% by March 2027.
- Expansion completes by March 2027, raising annual output by 3,600 MT and lifting utilisation from roughly 80% to 90‑95%.
- Funding split is about 50% internal accruals and 50% new bank/market debt, a balanced financing mix.
- Management cites stronger demand for wire products as the primary driver; new equipment should tighten efficiency and cut unit costs.
- Investors should watch the added leverage, as higher debt may increase interest expenses and pressure the debt‑to‑equity ratio.
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