Enamelled copper wire manufacturer Ram Ratna Wires Ltd. is hopeful of doubling its revenue with a significant capacity expansion in the current financial year. The company recently started commercial production at its new Bhiwandi facility, adding 30,000 tonnes of capacity. This nearly doubles its total capacity to 65,000 tonnes, which may potentially help the company to double its revenue in the next two years, the company’s Joint Managing Director, Hemant Kabra, said on June 16.Speaking to NDTV Profit, Kabra said, “If you look at all the ratios on the balance sheet side, they are pretty strong at this point. We will see that now, with the additional capacity of almost 30,000 tonnes being added to the copper tube plant (our entire capacity being 35,000 tonnes) we are going to, maybe in the next two years, double our revenues.”Ram Ratna Wires' Joint MD On Firm's Plans For ExpansionThe company has been in the copper tube space since 2018. With the acquisition, Kabra expects it to positively impact the company’s growth and operational scale. In FY25, the company clocked consolidated revenue of Rs 3,677 crore.When asked if the revenue would touch the Rs 7,000-crore mark by FY27, he said it could “potentially” happen. Further, on the FY26 outlook, Kabra noted, “I think we should look at Q3 onwards for a bigger surge in the market, as copper tube is a somewhat seasonal product. So, you'll see significantly larger numbers in Q3 and Q4, driven by the CAPEX we've undertaken and the capacity we've added.”Previously focused on enamelled copper wire, the new facility expands into full-range LWC (Level Wound Coil) and IGT (Inner Grooved Tubes) products. “If you look at the size of the company today, we are growing to almost double what we initially planned. We have been producing enamelled copper wire for our business, covering the entire range of LWC. We also cover a very important product called IGT, and soon we will begin IGT production as well. We will continue catering to all the companies in the air-conditioning business that we already serve,” he said.The expansion strengthens their product offerings and positions them to meet increasing demand.“Since we have been in this business since 2017, we know the entire ecosystem very well. As a result, we have signed several MOUs with most of our clients. Additionally, we are seeing interest from export markets in the copper tube business. This gives us strong leverage to grow, especially since copper tubes have traditionally been largely imported,” Kabra added.The Joint MD also stated that margins are expected to remain steady at around 4–5%, but absolute EBITDA will rise significantly.“I think margins will stay steady, but the absolute EBITDA will increase significantly. Free cash flow is also expected to grow strongly. However, the percentage margin will more or less remain the same,” he added.Ram Ratna Wires Q4FY25 (Consolidated) Ram Ratna Wires reported a 19% rise in revenue for Q4 FY25, reaching Rs 956.7 crore, compared to Rs 803.4 crore in Q4 FY24. Its EBITDA increased 23% YoY to Rs 45.3 crore, up from Rs 36.8 crore in the year-ago period, while the EBITDA margin remained steady at 4.7%, compared to 4.6% in Q4 FY 24. However, the company’s net profit fell slightly by 3.8% YoY to Rs 18.7 crore from Rs 19.4 crore. Shares of Ram Ratna Wires Ltd. closed 3.29% higher at Rs 699.9 apiece on the NSE, while the benchmark Nifty50 settled at 24,946.5, up 0.92%.. Read more on Business by NDTV Profit.