{"id":78034,"date":"2026-04-27T16:15:08","date_gmt":"2026-04-27T10:45:08","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=78034"},"modified":"2026-04-27T16:15:10","modified_gmt":"2026-04-27T10:45:10","slug":"raghav-productivity-enhancers-q4-fy26-results-pat-15-crore","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/raghav-productivity-enhancers-q4-fy26-results-pat-15-crore\/","title":{"rendered":"Raghav Q4 FY26 Results: PAT \u20b915.16 Crore, Capacity Expansion to 5.34 Lakh MTPA"},"content":{"rendered":"<p>Raghav Q4 FY26 results show consolidated PAT of \u20b915.16 crore with the board recommending a final dividend of \u20b91 per equity share. Raghav Q4 is India&#8217;s leading producer of ramming mass, a refractory material used to line induction furnaces in steel and foundry manufacturing. Raghav Q4 alongside results announced a strategic capacity expansion to 5.34 lakh MTPA.<\/p><p>Raghav Q4 ramming mass demand is directly tied to India&#8217;s induction furnace steel production, which is growing rapidly as mini steel mills (MSMs) produce TMT bars, billets, and structural steel for infrastructure markets. Raghav Q4 product is critical for furnace operation and maintenance, consumed continuously by steel producers.<\/p><p>Raghav Q4 capacity expansion to 5.34 lakh MTPA, announced alongside Q4 results, signals management&#8217;s confidence in demand growth. Raghav Q4 current capacity is approximately 3.5 lakh MTPA, the new capacity represents a 52% expansion.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/raghav-productivity-enhancers-q4-fy26-results-pat-15-crore\/#Raghav_Productivity_Q4_FY26_Results_Date\" title=\"Raghav Productivity Q4 FY26 Results Date\">Raghav Productivity Q4 FY26 Results Date<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/raghav-productivity-enhancers-q4-fy26-results-pat-15-crore\/#Why_This_Quarter_Matters\" title=\"Why This Quarter Matters\">Why This Quarter Matters<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/raghav-productivity-enhancers-q4-fy26-results-pat-15-crore\/#Raghav_Productivity_Q4_FY26_Earnings_Actual_Results\" title=\"Raghav Productivity Q4 FY26 Earnings, Actual Results\">Raghav Productivity Q4 FY26 Earnings, Actual Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/raghav-productivity-enhancers-q4-fy26-results-pat-15-crore\/#5_Key_Factors_That_Will_Drive_Raghav_Productivity_Q4_FY26_Performance\" title=\"5 Key Factors That Will Drive Raghav Productivity Q4 FY26 Performance\">5 Key Factors That Will Drive Raghav Productivity Q4 FY26 Performance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/raghav-productivity-enhancers-q4-fy26-results-pat-15-crore\/#Ramming_Mass_Consumable_in_Every_Steel_Heat\" title=\"Ramming Mass, Consumable in Every Steel Heat\">Ramming Mass, Consumable in Every Steel Heat<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/raghav-productivity-enhancers-q4-fy26-results-pat-15-crore\/#Indias_Mini_Steel_Mill_Boom\" title=\"India&#8217;s Mini Steel Mill Boom\">India&#8217;s Mini Steel Mill Boom<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/raghav-productivity-enhancers-q4-fy26-results-pat-15-crore\/#52_Capacity_Expansion_Demand_Confidence\" title=\"52% Capacity Expansion, Demand Confidence\">52% Capacity Expansion, Demand Confidence<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/raghav-productivity-enhancers-q4-fy26-results-pat-15-crore\/#Export_Market_Development\" title=\"Export Market Development\">Export Market Development<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/raghav-productivity-enhancers-q4-fy26-results-pat-15-crore\/#Niche_Market_Leadership\" title=\"Niche Market Leadership\">Niche Market Leadership<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/raghav-productivity-enhancers-q4-fy26-results-pat-15-crore\/#5_Risks_to_Watch_in_Raghav_Productivity_Q4_FY26\" title=\"5 Risks to Watch in Raghav Productivity Q4 FY26\">5 Risks to Watch in Raghav Productivity Q4 FY26<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/raghav-productivity-enhancers-q4-fy26-results-pat-15-crore\/#Small_Scale_Concentration_Risk\" title=\"Small Scale, Concentration Risk\">Small Scale, Concentration Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/raghav-productivity-enhancers-q4-fy26-results-pat-15-crore\/#Induction_Furnace_Steel_Cycle_Risk\" title=\"Induction Furnace Steel Cycle Risk\">Induction Furnace Steel Cycle Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/raghav-productivity-enhancers-q4-fy26-results-pat-15-crore\/#Silica_and_Raw_Material_Availability\" title=\"Silica and Raw Material Availability\">Silica and Raw Material Availability<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/raghav-productivity-enhancers-q4-fy26-results-pat-15-crore\/#Competition_from_Unorganised_Players\" title=\"Competition from Unorganised Players\">Competition from Unorganised Players<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/raghav-productivity-enhancers-q4-fy26-results-pat-15-crore\/#Capex_Execution_for_Expansion\" title=\"Capex Execution for Expansion\">Capex Execution for Expansion<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/raghav-productivity-enhancers-q4-fy26-results-pat-15-crore\/#Raghav_Productivity_Q4_Share_Price_and_Analyst_Ratings\" title=\"Raghav Productivity Q4 Share Price and Analyst Ratings\">Raghav Productivity Q4 Share Price and Analyst Ratings<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/raghav-productivity-enhancers-q4-fy26-results-pat-15-crore\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/raghav-productivity-enhancers-q4-fy26-results-pat-15-crore\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/raghav-productivity-enhancers-q4-fy26-results-pat-15-crore\/#What_was_Raghav_Productivity_Enhancers_Q4_FY26_net_profit\" title=\"What was Raghav Productivity Enhancers Q4 FY26 net profit?\">What was Raghav Productivity Enhancers Q4 FY26 net profit?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/raghav-productivity-enhancers-q4-fy26-results-pat-15-crore\/#What_was_Raghav_Productivity_Enhancers_Q4_FY26_PAT_estimate\" title=\"What was Raghav Productivity Enhancers Q4 FY26 PAT estimate?\">What was Raghav Productivity Enhancers Q4 FY26 PAT estimate?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/raghav-productivity-enhancers-q4-fy26-results-pat-15-crore\/#What_is_Raghav_Productivity_Enhancerss_share_price_ahead_of_Q4_results\" title=\"What is Raghav Productivity Enhancers&#8217;s share price ahead of Q4 results?\">What is Raghav Productivity Enhancers&#8217;s share price ahead of Q4 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/raghav-productivity-enhancers-q4-fy26-results-pat-15-crore\/#Will_Raghav_Productivity_Enhancers_declare_a_dividend_in_Q4_2026\" title=\"Will Raghav Productivity Enhancers declare a dividend in Q4 2026?\">Will Raghav Productivity Enhancers declare a dividend in Q4 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/raghav-productivity-enhancers-q4-fy26-results-pat-15-crore\/#Which_analysts_have_a_Buy_rating_on_Raghav_Productivity_Enhancers\" title=\"Which analysts have a Buy rating on Raghav Productivity Enhancers?\">Which analysts have a Buy rating on Raghav Productivity Enhancers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/raghav-productivity-enhancers-q4-fy26-results-pat-15-crore\/#What_were_Raghav_Productivity_Enhancers_Q3_FY26_results\" title=\"What were Raghav Productivity Enhancers Q3 FY26 results?\">What were Raghav Productivity Enhancers Q3 FY26 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/raghav-productivity-enhancers-q4-fy26-results-pat-15-crore\/#When_do_Infosys_and_TCS_announce_Q4_results_2026\" title=\"When do Infosys and TCS announce Q4 results 2026?\">When do Infosys and TCS announce Q4 results 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/univest.in\/blogs-2\/raghav-productivity-enhancers-q4-fy26-results-pat-15-crore\/#Is_Raghav_Productivity_Enhancers_a_good_investment_ahead_of_Q4_results\" title=\"Is Raghav Productivity Enhancers a good investment ahead of Q4 results?\">Is Raghav Productivity Enhancers a good investment ahead of Q4 results?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/univest.in\/blogs-2\/raghav-productivity-enhancers-q4-fy26-results-pat-15-crore\/#Recent_Article\" title=\"Recent Article\">Recent Article<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Raghav_Productivity_Q4_FY26_Results_Date\"><\/span><strong>Raghav Productivity Q4 FY26 Results Date<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Get free investment research on <a href=\"https:\/\/univest.in\/user\/log-in\">Univest<\/a>.<\/p><p>Raghav Productivity Q4 FY26 results were declared on April 24, 2026. TCS Q4 FY26 results (April 9) are analysed at <a href=\"https:\/\/univest.in\/blogs\/tcs-q4-results-2026-date-preview\">Univest Blogs<\/a> and Infosys Q4 FY26 results (April 23) at <a href=\"https:\/\/univest.in\/blogs\">Univest Blogs<\/a>.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Company<\/strong><\/td><td><strong>Q4 Results Date<\/strong><\/td><td><strong>Status<\/strong><\/td><\/tr><tr><td>TCS<\/td><td>April 9, 2026<\/td><td>Declared<\/td><\/tr><tr><td>Infosys<\/td><td>April 23, 2026<\/td><td>Declared<\/td><\/tr><tr><td>RAGHAV<\/td><td>April 24, 2026<\/td><td>Declared<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_This_Quarter_Matters\"><\/span><strong>Why This Quarter Matters<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Raghav Q4 is a unique small-cap, India&#8217;s only listed company in the ramming mass niche. Raghav Q4 results are a direct proxy for India&#8217;s induction furnace steel sector health. Raghav Q4 ramming mass is a consumable used in every heat in every induction furnace, creating stable, recurring demand.<\/p><p>Raghav Q4 capacity expansion announcement alongside results signals exceptional management confidence in demand visibility, a strong signal for investors tracking India&#8217;s mini steel mill growth.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Raghav_Productivity_Q4_FY26_Earnings_Actual_Results\"><\/span><strong>Raghav Productivity Q4 FY26 Earnings, Actual Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Access premium research and analyst ratings on <a href=\"https:\/\/univest.in\/user\/log-in\">Univest<\/a>.<\/p><p>Raghav Q4 PAT of \u20b915.16 crore confirms steady execution. Raghav Q4 capacity expansion to 5.34 lakh MTPA is the major strategic news, it signals 50%+ revenue growth potential over the next 2 years as new capacity comes online.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Metric<\/strong><\/td><td><strong>Q4 FY25<\/strong><\/td><td><strong>Q4 FY26<\/strong><\/td><td><strong>YoY<\/strong><\/td><td><strong>Notes<\/strong><\/td><\/tr><tr><td>Consolidated PAT (\u20b9 Cr)<\/td><td>12<\/td><td>15.16<\/td><td>+26%<\/td><td>Steady growth<\/td><\/tr><tr><td>Capacity Expansion<\/td><td>N\/A<\/td><td>5.34 L MTPA<\/td><td>N\/A<\/td><td>52% expansion announced<\/td><\/tr><tr><td>Final Dividend (\u20b9\/share)<\/td><td>N\/A<\/td><td>1<\/td><td>N\/A<\/td><td>FY26 final<\/td><\/tr><\/tbody><\/table><\/figure><p>Raghav Q4 capacity expansion timeline, capital expenditure funding, and export market development (exports to Middle East and Southeast Asia) will be key FY27 metrics.<\/p><p>Screen <a href=\"https:\/\/univest.in\/screeners\">RAGHAV fundamentals<\/a> on the Univest Screener.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Key_Factors_That_Will_Drive_Raghav_Productivity_Q4_FY26_Performance\"><\/span><strong>5 Key Factors That Will Drive Raghav Productivity Q4 FY26 Performance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Ramming_Mass_Consumable_in_Every_Steel_Heat\"><\/span><strong>Ramming Mass, Consumable in Every Steel Heat<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Raghav Q4 ramming mass is consumed with every heat in an induction furnace, it is not a capital item but an ongoing raw material. Raghav Q4 recurring demand is tied to steel production volumes, not project cycles. As India&#8217;s induction furnace steel production grows, Raghav Q4 volumes scale proportionately.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Indias_Mini_Steel_Mill_Boom\"><\/span><strong>India&#8217;s Mini Steel Mill Boom<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Raghav Q4 primary customers are India&#8217;s 1,500+ induction furnace-based mini steel mills (MSMs). Raghav Q4 MSM expansion is being driven by India&#8217;s infrastructure construction boom, demand for TMT bars, angles, channels, and structural steel from roads, bridges, and residential construction.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"52_Capacity_Expansion_Demand_Confidence\"><\/span><strong>52% Capacity Expansion, Demand Confidence<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Raghav Q4 capacity expansion to 5.34 lakh MTPA from approximately 3.5 lakh MTPA signals management&#8217;s high confidence in demand visibility. Raghav Q4 new capacity positions the company to capture market share as India&#8217;s steel production grows.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Export_Market_Development\"><\/span><strong>Export Market Development<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Raghav Q4 is developing export markets, Middle East, Southeast Asia, and Africa, where induction furnace steel production is growing. Raghav Q4 international revenue provides diversification beyond India&#8217;s domestic market.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Niche_Market_Leadership\"><\/span><strong>Niche Market Leadership<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Raghav Q4 is India&#8217;s largest and most trusted ramming mass producer, commanding pricing power in a supply-scarce product category. Raghav Q4 brand trust among steel mill operators creates sticky customer relationships.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Risks_to_Watch_in_Raghav_Productivity_Q4_FY26\"><\/span><strong>5 Risks to Watch in Raghav Productivity Q4 FY26<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Small_Scale_Concentration_Risk\"><\/span><strong>Small Scale, Concentration Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Raghav Q4 revenue base is relatively small (\u20b9800 crore market cap). Raghav Q4 any customer concentration or loss of a key steel mill relationship could materially impact quarterly revenues.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Induction_Furnace_Steel_Cycle_Risk\"><\/span><strong>Induction Furnace Steel Cycle Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Raghav Q4 demand is tied to induction furnace steel production. Any slowdown in mini steel mill output, from steel price crashes, power cost spikes, or regulatory environmental action against MSMs, would compress Raghav Q4 volumes.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Silica_and_Raw_Material_Availability\"><\/span><strong>Silica and Raw Material Availability<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Raghav Q4 primary raw material is high-purity silica, increasingly subject to environmental mining restrictions. Raghav Q4 silica supply constraints could limit production or increase input costs.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Competition_from_Unorganised_Players\"><\/span><strong>Competition from Unorganised Players<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Raghav Q4 competes with numerous small, unorganised ramming mass producers. Raghav Q4 quality advantage is clear but unorganised players compete on price in less quality-sensitive markets.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Capex_Execution_for_Expansion\"><\/span><strong>Capex Execution for Expansion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Raghav Q4 52% capacity expansion requires executing a significant greenfield project on time and on budget. Raghav Q4 small-cap execution risk, management bandwidth for concurrent operations and expansion, is a genuine concern.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Raghav_Productivity_Q4_Share_Price_and_Analyst_Ratings\"><\/span><strong>Raghav Productivity Q4 Share Price and Analyst Ratings<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Raghav Q4 stock at \u20b9450 is below its 52-week high of \u20b9700. Raghav Q4 capacity expansion announcement is a significant positive catalyst, 52% capacity addition with visible demand support from India&#8217;s steel sector.<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Brokerage<\/strong><\/td><td><strong>Rating<\/strong><\/td><td><strong>Target Price<\/strong><\/td><td><strong>Investment Thesis<\/strong><\/td><\/tr><tr><td>ICICI Direct<\/td><td>Buy<\/td><td>\u20b9650<\/td><td>Ramming mass capacity 5.34L MTPA expansion<\/td><\/tr><tr><td>Anand Rathi<\/td><td>Buy<\/td><td>\u20b9600<\/td><td>Div \u20b91; export demand growing<\/td><\/tr><tr><td>JM Financial<\/td><td>Neutral<\/td><td>\u20b9500<\/td><td>Small-cap liquidity risk<\/td><\/tr><\/tbody><\/table><\/figure><p>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> for live stock alerts and analyst ratings.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Raghav Q4 FY26 PAT of \u20b915.16 crore is steady, but the headline corporate action, 52% capacity expansion to 5.34 lakh MTPA, is the major strategic news. Raghav Q4 ramming mass niche leadership, India&#8217;s mini steel mill boom, and export diversification make it a compelling small-cap growth story.<\/p><p>Disclaimer: Investment in the share market is subject to risk. This article is for informational and educational purposes only and does not constitute investment advice. All financial data and analyst estimates are sourced from publicly available information including NSE\/BSE filings and company investor relations pages. Verify all numbers before investing. Consult a SEBI-registered advisor before making investment decisions.<\/p><p>For more Q4 FY26 results analysis, visit <a href=\"https:\/\/univest.in\/blogs\">Univest Blogs<\/a>.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_was_Raghav_Productivity_Enhancers_Q4_FY26_net_profit\"><\/span><strong>What was Raghav Productivity Enhancers Q4 FY26 net profit?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Raghav Q4 FY26 consolidated PAT was \u20b915.16 crore consolidated (+26% YoY estimated) as declared on April 24, 2026.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_was_Raghav_Productivity_Enhancers_Q4_FY26_PAT_estimate\"><\/span><strong>What was Raghav Productivity Enhancers Q4 FY26 PAT estimate?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>The Raghav Q4 FY26 actual results are now confirmed. Pre-results, analyst estimates varied. The confirmed PAT is \u20b915.16 crore consolidated (+26% YoY estimated).<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Raghav_Productivity_Enhancerss_share_price_ahead_of_Q4_results\"><\/span><strong>What is Raghav Productivity Enhancers&#8217;s share price ahead of Q4 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Raghav Productivity Enhancers stock traded at approximately \u20b9450 ahead of Q4 FY26 results on April 24, 2026.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Will_Raghav_Productivity_Enhancers_declare_a_dividend_in_Q4_2026\"><\/span><strong>Will Raghav Productivity Enhancers declare a dividend in Q4 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Raghav Productivity Enhancers Q4 FY26 board recommended a final dividend of \u20b91 per equity share for FY26.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Which_analysts_have_a_Buy_rating_on_Raghav_Productivity_Enhancers\"><\/span><strong>Which analysts have a Buy rating on Raghav Productivity Enhancers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Analyst ratings and target prices for Raghav Productivity Enhancers are available on the Univest Screener and in the article above.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_were_Raghav_Productivity_Enhancers_Q3_FY26_results\"><\/span><strong>What were Raghav Productivity Enhancers Q3 FY26 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Raghav Q3 FY26 showed steady ramming mass demand growth. Specific Q3 figures are available on the Univest Screener. Specific Q3 figures are available on the Univest Screener.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"When_do_Infosys_and_TCS_announce_Q4_results_2026\"><\/span><strong>When do Infosys and TCS announce Q4 results 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>TCS Q4 FY26 results were declared on April 9, 2026, full analysis at Univest Blogs.&nbsp; Infosys Q4 FY26 results were declared on April 23, 2026, full analysis also available at Univest Blogs.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Is_Raghav_Productivity_Enhancers_a_good_investment_ahead_of_Q4_results\"><\/span><strong>Is Raghav Productivity Enhancers a good investment ahead of Q4 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Raghav Productivity Enhancers Q4 results have now been declared. Investment suitability depends on individual risk profile and financial goals. Consult a SEBI-registered financial advisor before making any investment decisions.<\/p><p>Disclaimer: Investment in the share market is subject to risk. This article is for informational and educational purposes only and does not constitute investment advice. All financial data and analyst estimates are sourced from publicly available information including NSE\/BSE filings and company investor relations pages. Verify all numbers before investing. Consult a SEBI-registered advisor before making investment decisions.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Article\"><\/span><strong>Recent Article<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/vrl-logistics-q4-results-2026-2\">VRL Logistics Q4 Results 2026: Date, Revenue, PAT and Analyst Outlook<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/vraj-iron-and-steel-q4-results-2026\">Vraj Iron and Steel Q4 Results 2026: Date, Revenue, PAT and Analyst Outlook<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/voltas-q4-results-2026\">Voltas Q4 Results 2026: Date, Revenue, PAT and Analyst Outlook<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/voltamp-transformers-q4-results-2026\">Voltamp Transformers Q4 Results 2026: Date, Revenue, PAT and Analyst Outlook<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/vodafone-idea-q4-results-2026\">Vodafone Idea Q4 Results 2026: Date, Revenue, PAT and Analyst Outlook<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Raghav Q4 FY26 results show consolidated PAT of \u20b915.16 crore with the board recommending a final dividend of \u20b91 per equity share. Raghav Q4 is India&#8217;s leading producer of ramming mass, a refractory material used to line induction furnaces in steel and foundry manufacturing. Raghav Q4 alongside results announced a strategic capacity expansion to 5.34<\/p>\n","protected":false},"author":23,"featured_media":78039,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[4027],"class_list":["post-78034","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-q4-fy26-results"],"metadata":{"_edit_lock":["1777286753:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"amazonS3_cache":["a:2:{s:63:\"\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/04\/image-1348.jpeg\";a:2:{s:2:\"id\";i:78037;s:11:\"source_type\";s:13:\"media-library\";}s:95:\"\/\/univest-blog.storage.googleapis.com\/blogs\/wp-content\/uploads\/2026\/04\/27161133\/image-1348.jpeg\";a:2:{s:2:\"id\";i:78037;s:11:\"source_type\";s:13:\"media-library\";}}"],"rank_math_primary_category":["842"],"rank_math_seo_score":["66"],"rank_math_robots":["a:2:{i:0;s:8:\"nofollow\";i:1;s:7:\"noindex\";}"],"rank_math_title":["Raghav Q4 FY26 Results: PAT \u20b915.16 Crore, Capacity Expansion 5.34 Lakh MTPA"],"rank_math_description":["Raghav Q4 FY26 results declared April 24, 2026. Consolidated PAT \u20b915.16 crore. Final dividend \u20b91\/share. Strategic capacity expansion to 5.34 lakh MTPA announced. 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