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Rajratan Global Wire Limited

Rajratan Global Wire Limited

RAJRATAN.NS
Rajratan Global Wire LimitedIN flagNational Stock Exchange of India
479.40
INR
+12.15
- -
24.34BMarket Cap
Rajratan Global Wire Limited
RAJRATAN.NS
(National Stock Exchange of India)

Recent

price

479.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
43.27
49.54
49.74
55.7
53.82
55.71
55.77
67.75
97.03
94.58
107.57
175.5
176.28
175.18
184.19
- -
189.17
Revenue per Share
1.35
0.65
-0.44
-0.42
0.36
3.24
3.72
3.37
5.26
6.51
10.46
24.47
19.72
14.15
11.58
- -
11.23
Basic EPS, GAAP
2.19
4.08
4.29
3.52
3.16
4.89
3.23
3.57
-4.73
1.2
2.2
6.78
-1.32
-2.71
-0.55
- -
- -
Free Cash Flow per Basic Share
0.13
0.13
0.1
0.09
0.09
0.09
0.1
0.13
0.13
0.57
- -
1.6
2
2
2
- -
- -
Dividend per Share
0.86
1.19
0.61
0.04
0.08
3.44
5.61
9.21
13.42
17.09
23.32
37.37
45.26
49.56
53.21
- -
- -
Book Value per Share
10.05
10.88
10.53
10.06
10.16
15.67
18.98
22.6
27.97
34.08
44.49
67.01
86.43
96.93
109.98
- -
- -
Tangible Book Value per Share
51
51
51
51
51
51
51
51
51
51
51
51
51
51
51
- -
51
Basic Weighted Avg Shares
2,197
2,515
2,524
2,827
2,733
2,828
2,831
3,440
4,926
4,802
5,464
8,915
8,950
8,893
9,352
11,565
9,616
Sales/Revenue/Turnover
8.42
6.7
5.15
5.62
6.59
12.43
11.94
7.44
8.77
11.65
14.28
18.69
16.12
12.37
11.1
9.66
10.72
Operating Margin (%)
57
62
70
75
67
68
72
77
92
121
141
155
181
177
231
282
253
Depreciation Expense
68
33
-23
-21
18
165
189
171
267
330
531
1,243
1,001
718
588
701
571
Net Income, GAAP
38.14
46.01
348.4
258.24
64.94
23.43
25.59
27.18
21.67
24.41
19.82
18.55
23.19
23.42
23.99
21.3
23.76
Effective Tax Rate (%)
3.11
1.31
-0.89
-0.76
0.66
5.82
6.66
4.98
5.42
6.88
9.72
13.95
11.19
8.08
6.29
6.06
5.94
Profit Margin (%)
-61
-197
-190
-284
-215
-176
-98
-109
-149
-26
402
715
498
507
802
753
- -
Working Capital
329
284
344
222
268
135
81
39
396
536
592
538
864
1,044
1,151
1,293
- -
LT Debt
513
555
536
513
518
798
967
1,151
1,424
1,735
2,265
3,410
4,394
4,926
5,590
6,504
- -
Total Equity
8.45
5.78
-18.52
-14.95
3.73
15.26
13.59
9.23
13.76
14.13
18.12
31.53
20.07
12.95
10.66
9.91
- -
Return on Invested Capital (%)
7.26
7.9
-23.72
-17.09
4.64
19.58
20.43
16.51
20.17
19.08
25.16
45.94
30.6
20.59
16.89
21.97
41.8
Return on Capital (%)
126.95
63.27
-49.48
-130.08
570.69
184.1
82.09
45.51
46.49
42.68
51.78
80.66
47.72
29.84
22.54
50.01
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
1,224
- -
LT Borrowings
- -
1,151
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
51
- -
Market Capitalization
24,546
14,898
20,890

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
3,472
- -
Cash, Cash Equivalents & STI
- -
115
- -
Accounts Receivable, Net
- -
1,825
- -
Inventories
- -
1,105
- -
Total Current Liabilities
- -
2,670
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,224
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
23.77%
24.26%
16.36%
Free Cash Flow
84.36%
228.22%
1,027.08%
Net Income, GAAP
23.31%
17.47%
19.23%
Sales/Revenue/Turnover
16.78%
18.35%
23.66%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,038
2,143
2,327
2,384
8,893
2025
2,201
2,453
2,184
2,514
9,352
2026
2,465
3,015
3,143
- -
11,565

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.45
3.84
3.88
- -
14.15
2025
3
3.75
1.83
2.99
11.58
2026
2.66
4.08
3.04
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2
2025
- -
- -
- -
- -
2
2026
- -
- -
- -
- -
- -
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Business
Rajratan Global Wire Limited is an India-based company engaged in the manufacture and sale of tyre bead wires and high carbon steel wires, serving industries such as automobile, aircraft, construction, engineering, and earth-moving equipment. The company produces tyre bead wire products used in a variety of tires including automobile tires, two-wheeler tires, truck and bus tires, and aircraft tires. It also manufactures high carbon steel wires utilized in wire ropes, cables, high-performance springs, mechanical springs, automotive cables, cut wire shot for blasting, steel fibers, and aluminum-clad steel. Rajratan operates manufacturing facilities in India, including a significant greenfield plant in Chennai commissioned in August 2024 with a scalable capacity up to 60,000 TPA, and in Thailand, with a consolidated capacity of approximately 192,000 TPA. The company targets global markets and exports products to countries in Southeast Asia, the United States, and Europe. Recent major developments include the launch of a new wire rope product line at its Pithampur plant with a 10,000 TPA capacity, representing forward integration from high carbon steel wire production, aimed to capture demand in construction, mining, and transport sectors. The Chennai facility expansion and enhanced capacity at the Thailand plant support Rajratan's strategic growth plan to triple exports by fiscal year 2026 focused on tyre bead wire and high carbon steel wire segments. Additionally, Rajratan has formed an industry-academia collaboration with IIT Indore to establish the Rajratan Centre of Excellence for advanced research and testing, funded with Rs. 2 crore over three years, reinforcing its commitment to innovation and quality. The company also pursues initiatives in sustainability including the development of environmentally friendly bead wires using recycled materials and application development for electric vehicle tyres. Founded in 1988 and headquartered in Indore, India, Rajratan Global Wire Limited maintains a subsidiary, Rajratan Thai Wire Company Limited, operating in Thailand. The company continues to invest in expanding manufacturing capabilities and digitalization to enhance operational efficiency and global competitiveness. Its strategic focus on product diversification, sustainability, and increased international presence underpin its recent capacity expansions and operational advancements in the steel wire industry.