RAJRATAN

Rajratan Global Wire Limited

Tyre-grade bead wire and steel-cord products for tyre OEMs

Consumer Discretionary›Automobile and Auto Components›Auto Components›Auto Components & Equipments

rajratan.co.in(opens the company website in a new tab)
Ask AI

Key metrics

Price as of 2026-10-16

Stock price
₹447.60
Market cap
2,274 Cr
Stock P/E
28.6
P/B
3.49
Dividend yield
0.4%
ROE (FY26)
10.8%
ROCE (FY26)
12.1%
Operating margin (FY26)
9.6%
Debt / equity (FY26)
0.50
OCF / EBITDA (FY26)
53.4%
OCF / EBITDA (3Y)
60.2%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

Loading price history…

Compare with peers

Loading peers…

What you need to know

Rajratan Global Wire makes tyre bead wire, the steel wire used in tyres, and sells it to tyre makers in India, Thailand and export markets.

Company snapshot

58thBy market cap

Ranked among 94 companies in Auto Components & Equipments.

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales214 Cr233 Cr240 Cr220 Cr245 Cr218 Cr251 Cr247 Cr294 Cr302 Cr314 Cr318 Cr
Operating expenses (approx.)180 Cr198 Cr205 Cr191 Cr207 Cr192 Cr218 Cr216 Cr254 Cr261 Cr286 Cr277 Cr
EBITDA34 Cr34 Cr34 Cr30 Cr38 Cr26 Cr33 Cr31 Cr40 Cr40 Cr28 Cr42 Cr
OPM %15.8%14.7%14.4%13.4%15.4%12.0%13.3%12.6%13.6%13.4%9.0%13.1%
Other income1 Cr-0.08 Cr1 Cr0.56 Cr0.15 Cr0.41 Cr0.56 Cr1 Cr1 Cr0.53 Cr3 Cr3 Cr
Interest5 Cr5 Cr4 Cr5 Cr8 Cr8 Cr7 Cr7 Cr8 Cr7 Cr6 Cr7 Cr
Depreciation4 Cr5 Cr5 Cr5 Cr6 Cr6 Cr6 Cr7 Cr7 Cr7 Cr8 Cr8 Cr
Profit before tax26 Cr24 Cr26 Cr20 Cr25 Cr12 Cr20 Cr18 Cr27 Cr27 Cr18 Cr30 Cr
Tax %24.9%19.6%23.4%25.0%22.7%24.5%24.2%24.2%23.4%22.5%13.0%23.8%
Net profit19 Cr20 Cr20 Cr15 Cr19 Cr9 Cr15 Cr14 Cr21 Cr21 Cr15 Cr23 Cr
EPS (₹)₹3.84₹3.88₹3.99₹3.00₹3.75₹1.83₹2.99₹2.66₹4.05₹4.08₹3.04₹4.52

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales493 Cr480 Cr547 Cr893 Cr895 Cr890 Cr935 Cr1,157 CrSign in free for the trailing twelve months
Operating expenses (approx.)440 Cr412 Cr454 Cr711 Cr733 Cr763 Cr808 Cr1,017 CrSign in free for the trailing twelve months
EBITDA52 Cr68 Cr92 Cr182 Cr162 Cr128 Cr127 Cr140 CrSign in free for the trailing twelve months
OPM %10.6%14.2%16.9%20.3%18.1%14.3%13.6%12.1%Sign in free for the trailing twelve months
Other income2 Cr1 Cr2 Cr2 Cr3 Cr3 Cr2 Cr6 CrSign in free for the trailing twelve months
Interest11 Cr13 Cr13 Cr15 Cr17 Cr20 Cr28 Cr28 CrSign in free for the trailing twelve months
Depreciation9 Cr12 Cr14 Cr16 Cr18 Cr18 Cr23 Cr28 CrSign in free for the trailing twelve months
Profit before tax34 Cr44 Cr66 Cr153 Cr130 Cr94 Cr77 Cr89 CrSign in free for the trailing twelve months
Tax %21.7%24.4%19.8%18.5%23.2%23.4%24.0%21.3%Sign in free for the trailing twelve months
Net profit27 Cr33 Cr53 Cr124 Cr100 Cr72 Cr59 Cr70 CrSign in free for the trailing twelve months
EPS (₹)₹61.38₹32.54₹52.32₹24.49₹19.72₹14.15₹11.58₹13.81Sign in free for the trailing twelve months
Dividend payout %——0.0%6.5%10.1%14.1%17.3%14.5%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital4 Cr10 Cr10 Cr10 Cr10 Cr10 Cr10 Cr10 Cr
Reserves138 Cr163 Cr216 Cr331 Cr429 Cr482 Cr549 Cr640 Cr
Borrowings129 Cr137 Cr130 Cr137 Cr171 Cr191 Cr237 Cr324 Cr
Other liabilities62 Cr68 Cr83 Cr139 Cr128 Cr143 Cr163 Cr185 Cr
Total liabilities333 Cr378 Cr439 Cr617 Cr739 Cr826 Cr960 Cr1,159 Cr
Fixed assets (net)168 Cr229 Cr242 Cr281 Cr324 Cr364 Cr532 Cr617 Cr
CWIP32 Cr10 Cr8 Cr30 Cr140 Cr191 Cr72 Cr88 Cr
Investments0.0003 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr1 Cr
Loans & advances5 Cr2 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr
Inventories45 Cr41 Cr51 Cr82 Cr86 Cr72 Cr110 Cr104 Cr
Trade receivables72 Cr84 Cr117 Cr181 Cr136 Cr154 Cr183 Cr255 Cr
Cash & bank0.16 Cr0.14 Cr3 Cr0.82 Cr3 Cr3 Cr12 Cr23 Cr
Other assets11 Cr13 Cr18 Cr43 Cr49 Cr42 Cr51 Cr71 Cr
Total assets333 Cr378 Cr439 Cr617 Cr739 Cr826 Cr960 Cr1,159 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity48 Cr50 Cr36 Cr119 Cr159 Cr106 Cr57 Cr75 Cr
Cash from investing-71 Cr-45 Cr-24 Cr-93 Cr-166 Cr-96 Cr-57 Cr-113 Cr
Cash from financing22 Cr-6 Cr-10 Cr-28 Cr10 Cr-10 Cr-8 Cr50 Cr
Net cash flow-2 Cr-0.96 Cr3 Cr-2 Cr2 Cr0.03 Cr-7 Cr11 Cr
Free cash flow (OCF − Capex)-24 Cr5 Cr9 Cr32 Cr-7 Cr-15 Cr-2 Cr-31 Cr

Ratios

MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %16.6%18.4%22.4%35.2%24.1%16.6%13.2%12.1%
ROE %18.8%19.0%23.5%0.5%22.8%1.7%10.5%10.8%
Debtor days5364787455637180
Inventory days5053575556466654
Days payable4051557962697872
Cash conversion cycle6365805050405962
OCF / EBITDA %90.7%74.2%39.6%65.6%98.0%82.7%45.0%53.4%
OCF / EBITDA % (3 years)——63.2%60.3%72.1%81.4%77.1%60.2%
Debt / equity0.900.790.570.400.390.390.420.50
Current ratio0.900.981.281.341.251.231.301.21
Net debt / EBITDA2.452.011.380.751.041.471.782.16