Rajratan Global Wire Ltd
RAJRATANRajratan Global Wire Ltd
RAJRATAN


Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
32.39 | 4.20 | 0.49% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
27.82 | 3.16 | 1.50% |
Forecast & Ratings
Detailed Forecast from 4 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Rajratan Global Wire is engaged in the business of manufacturing and sale of steel wires.
Investor Presentation
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ cr.
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Earnings Per Share Forecast
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 283.64 | 285.60 | 351.13 | 494.59 | 481.38 | 548.17 | 898.36 | 906.94 | 898.93 | 925.52 | ||||||||||
Raw Materials | 156.39 | 169.26 | 221.86 | 340.80 | 291.25 | 330.86 | 549.21 | 559.12 | 578.22 | 795.36 | ||||||||||
Power & Fuel Cost | 26.38 | 24.65 | 29.02 | 37.58 | 39.26 | 38.03 | 53.34 | 66.70 | 64.99 | |||||||||||
Employee Cost | 17.64 | 18.04 | 21.27 | 24.12 | 27.05 | 28.10 | 32.70 | 36.43 | 38.52 | |||||||||||
Selling & Administrative Expenses | 12.70 | 13.06 | 14.88 | 18.78 | 19.11 | 22.35 | 52.30 | 44.03 | 37.52 | |||||||||||
Operating & Other expenses | 27.81 | 17.46 | 24.23 | 19.21 | 35.52 | 35.09 | 27.22 | 35.40 | 48.61 | |||||||||||
EBITDA | 42.72 | 43.13 | 39.87 | 54.10 | 69.19 | 93.74 | 183.59 | 165.26 | 131.07 | 130.16 | ||||||||||
Depreciation/Amortization | 6.77 | 7.19 | 7.74 | 9.19 | 12.09 | 14.10 | 15.52 | 18.09 | 17.72 | 21.31 | ||||||||||
PBIT | 35.95 | 35.94 | 32.13 | 44.91 | 57.10 | 79.64 | 168.07 | 147.17 | 113.35 | 108.85 | ||||||||||
Interest & Other Items | 14.69 | 10.56 | 8.67 | 10.81 | 13.39 | 13.38 | 15.43 | 16.82 | 19.55 | 25.12 | ||||||||||
PBT | 21.26 | 25.38 | 23.46 | 34.10 | 43.71 | 66.26 | 152.64 | 130.35 | 93.80 | 83.73 | ||||||||||
Taxes & Other Items | 4.79 | 6.47 | 6.38 | 7.39 | 10.66 | 13.13 | 28.31 | 30.23 | 21.97 | 19.88 | ||||||||||
Net Income | 16.47 | 18.91 | 17.08 | 26.71 | 33.05 | 53.13 | 124.33 | 100.12 | 71.83 | 63.85 | ||||||||||
EPS | 0.65 | 0.74 | 0.67 | 1.05 | 1.30 | 3.49 | 24.49 | 19.72 | 14.15 | 12.58 | ||||||||||
DPS | 0.10 | 0.13 | 0.13 | 0.17 | 0.40 | 1.60 | 2.00 | 2.00 | 2.00 | 2.00 | ||||||||||
Payout ratio | 0.16 | 0.17 | 0.19 | 0.16 | 0.31 | 0.46 | 0.08 | 0.10 | 0.14 | 0.16 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFInvestor Presentation
Peers & Comparison
MaterialsIron & Steel
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Rajratan Global Wire Ltd | 28.79 | 4.20 | 0.49% |
JSW Steel Ltd | 26.85 | 2.96 | 0.94% |
Tata Steel Ltd | -38.33 | 1.84 | 2.64% |
Jindal Steel And Power Ltd | 14.32 | 1.90 | 0.24% |
Price Comparison
Compare RAJRATAN with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 2 Mutual Funds holding Rajratan Global Wire Ltd
Funds (Top 2) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 7.9162% | Percentage of the fund’s portfolio invested in the stock 0.52% | Change in the portfolio weight of the stock over the last 3 months -0.04% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 58/65 (-2) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.3596% | Percentage of the fund’s portfolio invested in the stock 0.18% | Change in the portfolio weight of the stock over the last 3 months -0.02% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 85/87 (-5) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividend Cuts
RAJRATAN has increased or maintained dividend levels over the last 5 years
Dividend Yield
Current dividend yield is 0.49%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹4.91 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJul 23, 2024
Dividend/Share
₹2.00
Ex DateEx Date
Jul 23, 2024
Cash Dividend
Ex DateEx DateJul 27, 2023
Dividend/Share
₹2.00
Ex DateEx Date
Jul 27, 2023
Cash Dividend
Ex DateEx DateJun 13, 2022
Dividend/Share
₹2.00
Ex DateEx Date
Jun 13, 2022
Cash Dividend
Ex DateEx DateJul 12, 2021
Dividend/Share
₹8.00
Ex DateEx Date
Jul 12, 2021
Cash Dividend
Ex DateEx DateMar 6, 2020
Dividend/Share
₹2.00
Ex DateEx Date
Mar 6, 2020
Net profit of Rajratan Global Wire declined 52.64% to Rs 9.32 crore in the quarter ended December 2024 as against Rs 19.68 crore during the previous quarter ended December 2023. Sales declined 6.16% to Rs 218.36 crore in the quarter ended December 2024 as against Rs 232.69 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales218.36232.69 -6 OPM %12.0214.71 - PBDT18.7929.12 -35 PBT12.3524.48 -50 NP9.3219.68 -53 Powered by Capital Market - Live
Profit before tax (PBT) stood at Rs 12.35 crore in the third quarter of FY25, down 49.55% on a YoY basis. During the quarter, EBITDA stood at Rs 26.25 crore, down 23.31% from Rs 34.23 crore in Q3 FY24. EBITDA margin reduced to 12% in the December 2024 quarter as against 15% in Q3 FY24. Rajratan Global Wire is a tyre ancillary, manufacturing bead wire, a critical component used in the manufacture of tyres. The counter hit a 52-week low of 465 in today's intraday session. Powered by Capital Market - Live
Rajratan Global Wire will hold a meeting of the Board of Directors of the Company on 23 January 2025.Powered by Capital Market - Live
Net profit of Rajratan Global Wire declined 2.21% to Rs 19.05 crore in the quarter ended September 2024 as against Rs 19.48 crore during the previous quarter ended September 2023. Sales rose 14.46% to Rs 245.33 crore in the quarter ended September 2024 as against Rs 214.34 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales245.33214.34 14 OPM %15.4415.83 - PBDT30.3530.30 0 PBT24.6425.94 -5 NP19.0519.48 -2 Powered by Capital Market - Live
Rajratan Global Wire will hold a meeting of the Board of Directors of the Company on 21 October 2024.Powered by Capital Market - Live
Rajratan Global Wire gains after Q1 PAT climbs 23% YoY in FY25

Revenue from operations increased 7.99% YoY to Rs 220.14 crore during the quarter. Profit before tax (PBT) jumped 19.81% YoY to Rs 20.32 crore in Q1 FY25. During the quarter, EBITDA stood at Rs 29.50 crore, up 17.44% as comapred with Rs 25.12 crore in Q1 FY24. EBITDA margin expanded by 108 bps to 13.40% in Q1 FY25 as against 12.32% in Q1 FY24. In terms of geography, India sales volume increased 8.45% YoY to 15,960 MT, while Thailand sales volume jumped 40.33% YoY to 10,502 MT. The company said that it expects 20% demand growth in Thailand from Q1 to Q2 based on existing market outlook. Sunil Chordia, chairman & managing director, said, 'After some quarters of sluggish offtake and a decline in financial performance, the company reported a marked improvement in Q1 FY25. This improvement was the result of demand exceeding supply for bead wire. This was influenced by an increased offtake of tyres (our direct sectorial customer) and a decline in imports. We expect sustained performance improvement in the subsequent quarters following the commercialization of our new Chennai plant coupled with maximized utilization of our Pithampur and Thailand manufacturing facilities. Based on existing realities, we expect improved performance visibility for the rest of the financial year. Rajratan Global Wire is a tyre ancillary, manufacturing bead wire, a critical component used in the manufacture of tyres.Powered by Capital Market - Live
Rajratan Global Wire consolidated net profit rises 22.61% in the June 2024 quarter

Net profit of Rajratan Global Wire rose 22.61% to Rs 15.24 crore in the quarter ended June 2024 as against Rs 12.43 crore during the previous quarter ended June 2023. Sales rose 7.99% to Rs 220.14 crore in the quarter ended June 2024 as against Rs 203.85 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales220.14203.85 8 OPM %13.4012.32 - PBDT24.9321.13 18 PBT20.3216.96 20 NP15.2412.43 23 Powered by Capital Market - Live
Rajratan Global Wire will hold a meeting of the Board of Directors of the Company on 30 July 2024.Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 12.69%, vs industry avg of 9.83%
Increasing Market Share
Over the last 5 years, market share increased from 0.09% to 0.11%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 21.88%, vs industry avg of 4.81%