Rajratan Global Wire
- Market cap
- ₹ 1,895 Cr.
- P/E
- 24.6x
- P/B
- 2.99x
- 52-week range
- 323.9 – 563.95
- ROE
- 12%
- ROCE
- 13%
- Dividend yield
- 0.5%
- Debt / equity
- 0.5
- Sector
- Auto Components
- Industry
- Auto Components & Equipments
- Listed on
- NSE, BSE
About
Rajratan Global Wire Limited is an India-based company, which is engaged in the manufacturing and sale of tyre bead wire which produces drawn steel wire, commonly referred to as black wire and various industries such as automobile, construction, and engineering. The Company's Tyre Bead Wire product contributes to tyre structure and function safe and seamless driving experience. Crafted from high-carbon steel, the tyre bead wire is processed through drawing and bronze coating to enable adhesion with rubber compounds used in tyre manufacturing. The High Carbon Steel Wire product used in the construction, engineering and automotive industries. its products include different ranges such as Spring - IS 4454, Wire Rope - IS 1835, Wire Rope, Conveyor Belt - BS EN 10264-2; Mechanical and Physical Properties are Wire Diameter, Casting, Residual Torsion, Bend, Torsion, Tensile Strength, Breaking Load. The Company's subsidiary is Rajratan Thai Wire Company Limited, Rajratan Wire USA Inc.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Auto Components & Equipments: 155 companies →Rajratan Global Wire against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)24.6 against a typical 27.4: cheaper than most peers (1st = cheapest).71st of 153
- Sales growth+26.2% against a typical +20.7% from a year earlier.53rd of 142
- Profit growth+14.3% against a typical +15.3% from a year earlier.66th of 127
- Share price, 3 months−19.8% against a typical −4.4%.130th of 142
- Size₹ 1,894.9 Cr. market value against a typical ₹ 728 Cr. (1st = largest).51st of 138
Latest announcements
Exchange filings and their impact on the company.
- Strong 27% H1 revenue and 38% profit growth puts Rajratan on track for ~20-25% higher sales and ~35-40% higher profit over next 12 months, partly offset by softer margins and higher debt.
Rajratan Global Wire reported Q2 FY27 consolidated revenue of Rs 370.8 crore, up 26% year-on-year, and net profit of Rs 24.1 crore, up 17.5%. For the first half, revenue was Rs 689.2 crore, up 27.5%, and net profit was Rs 47.1 crore, up 38.2%, with growth from both India and overseas. Margins softened slightly on higher material costs and debt rose to fund inventory and expansion, but overall volume growth keeps the outlook positive.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A+ by 2 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil A+ | Stable | 2 Jul 2026 |
| ICRA | [ICRA]A+ | Stable | 18 Jun 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 2 Jul 2026 | Rating action | Crisil A+ | — | CRISIL | ₹ 323 Cr. | |
| 18 Jun 2026 | Reaffirmed | [ICRA]A+ | — | ICRA | ₹ 438.88 Cr. | |
| 5 Jun 2026 | New rating | [ICRA]A+ | — | ICRA | ₹ 50 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 21 Oct 2026 | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 24 Jul 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 21 Apr 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 21 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 30 Oct 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 21 Jul 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 233 | 240 | 220 | 245 | 218 | 251 | 247 | 294 | 302 | 314 | 318 | 371 |
| Expenses | 198 | 205 | 191 | 207 | 192 | 218 | 216 | 254 | 261 | 286 | 277 | 325 |
| Operating Profit | 34 | 34 | 30 | 38 | 26 | 33 | 31 | 40 | 40 | 29 | 42 | 46 |
| OPM % | 15% | 14% | 13% | 15% | 12% | 13% | 13% | 14% | 13% | 9% | 13% | 12% |
| Other Income | 0 | 1 | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 3 | 3 | 1 |
| Interest | 5 | 4 | 5 | 8 | 8 | 7 | 7 | 8 | 7 | 6 | 7 | 7 |
| Depreciation | 5 | 5 | 5 | 6 | 6 | 6 | 7 | 7 | 7 | 8 | 8 | 8 |
| Profit before tax | 24 | 26 | 20 | 25 | 12 | 20 | 18 | 27 | 27 | 18 | 30 | 32 |
| Tax % | 20% | 23% | 25% | 23% | 25% | 24% | 24% | 23% | 23% | 13% | 24% | 24% |
| Net Profit | 20 | 20 | 15 | 19 | 9 | 15 | 14 | 21 | 21 | 15 | 23 | 24 |
| EPS in Rs | 3.88 | 3.99 | 3 | 3.75 | 1.83 | 2.99 | 2.66 | 4.05 | 4.08 | 3.04 | 4.52 | 4.75 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 15%
- 5 Years
- 16%
- 3 Years
- 9%
- TTM
- 29%
- 10 Years
- 16%
- 5 Years
- 6%
- 3 Years
- −11%
- TTM
- 42%
- 10 Years
- 21%
- 5 Years
- −6%
- 3 Years
- −20%
- TTM
- —
- 10 Years
- 19%
- 5 Years
- 19%
- 3 Years
- 13%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Rajratan Global Wire | ₹ 400.00 | ₹ 1,895 Cr. | 24.6x | 3x | 12% | — |
| Grindwell Norton | ₹ 1,858.00 | ₹ 20,572 Cr. | 55.4x | 9.1x | 17.4% | 13.6% |
| Carborundum Universal | ₹ 1,031.30 | ₹ 19,647 Cr. | 71.3x | 5.2x | 5.2% | 3.2% |
| Kajaria Ceramics | ₹ 1,137.65 | ₹ 17,896 Cr. | 38x | 6.4x | 16.8% | 10.2% |
| Century Plyboards (India) | ₹ 636.25 | ₹ 14,165 Cr. | 65.9x | 6.8x | 10.6% | 5% |
| Jindal SAW | ₹ 233.30 | ₹ 14,864 Cr. | 17.4x | 1.4x | — | 3.3% |
Management
- Sunil Chordia
- Executive Chairman of the Board, Managing Director
- Yashovardhan Chordia
- Chief Executive Officer, Deputy Managing Director, Executive Director
- Hitesh Jain
- Chief Financial Officer
- C. S. Shubham Jain
- Compliance Officer, Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.