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Rajratan Global Wire Ltd (RAJRATAN)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 517522 NSE: RAJRATAN Auto Ancillary | Small Cap | Rajratan Global Wire Share Price

₹427.25 14.05 (3.40%)

As on 04-Jun'26 16:59

Rajratan Global Wire Ltd (RAJRATAN)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 517522 NSE: RAJRATAN Auto Ancillary | Small Cap | Rajratan Global Wire Share Price

₹427.25 14.05 (3.40%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹2,169 Cr.
Current Price
₹427.3
52-Week Low / High
₹306 / 541
TTM EPS
₹8.8
TTM Sales
₹722 Cr.
Book Value per Share
₹82.6
P/E Ratio
48.44
Lower than its 5-year historical median
Industry PE
42.9
Price to Book (P/B)
5.17
Lower than its 5-year historical median
Price to Sales (P/S)
3.01
Lower than its 5-year historical median
EV/EBITDA
24.24
Lower than its 5-year historical median
Dividend Yield
0.68%
Profitability Efficiency
Return on Equity (ROE)
12.65%
Outperforms industry median
Return on Capital Employed (ROCE)
15.96%
Outperforms industry median
Return on Assets (ROA)
7.09%
Operating Profit Margin
16%
Net Profit Margin
7.83%
Gross Profit Margin
12.5%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
6.3%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
-3.1%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-17.07%
Asset Quality
Promoter Holding
65.20%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹409 Cr.
Equity
₹10.2 Cr.
Face Value
₹2
All Time Low / High
₹0.27 / 1409.05

Rajratan Global Wire stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Rajratan Global Wire Ltd a good quality company?
Rajratan Global Wire Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Rajratan Global Wire Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Rajratan Global Wire Ltd vs industry peers?
Rajratan Global Wire Ltd revenue CAGR is 15.63%, compared to the industry median CAGR of 11.89%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Rajratan Global Wire Ltd?
Promoters hold 65.20% of the Rajratan Global Wire Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Rajratan Global Wire Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 34.8% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Rajratan Global Wire Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 15.7%12.9%12.4%18.3%19.6%23%34.3%29.6%20%16%-
Value Creation
Index
0.1-0.1-0.10.30.40.61.51.10.40.1-

Growth Parameters

Sales 207177218315286337540612556592722
Sales YoY Gr.--14.6%23.7%44.1%-9%17.9%60%13.4%-9.1%6.3%-
Adj EPS 1.91.61.53.64.47.313.513.81198.8
YoY Gr.--12.8%-8.6%142.3%22.4%65.2%85.2%1.9%-20.2%-17.7%-
BVPS (₹) 17.919.42124.628.335.647.659.568.575.782.6
Adj Net
Profit
9.58.37.518.322.437.168.769.955.845.945
Cash Flow from Ops. 14.519.517.729.532.831.884.810386.624.9-
Debt/CF from Ops. 3.62.92.72.62.62.611.11.67.4-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 12.4%15.6%3.1%6.3%
Adj EPS 19.1%15.4%-12.6%-17.7%
BVPS17.4%21.7%16.8%10.4%
Share Price 34% 14.5% -17.7% -0.5%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
118.57.115.316.222.331.925.41712.411.2
Op. Profit
Mgn %
11.911.48.710.81618.620.219.317.61613.1
Net Profit
Mgn %
4.64.73.55.87.81112.711.4107.86.2
Debt to
Equity
0.60.60.40.60.60.50.40.40.40.50.3
Working Cap
Days
14915414211614113711211412112671
Cash Conv.
Cycle
82102956873745040374410

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales207177218315286337540612556592
Operating Expenses + 182156199281240275431494459497
Manufacturing Costs28273037393557746479
Material Costs132108146216170208325369343354
Employee Cost 10111213151520232528
Other Costs 11111114161730302635
Operating Profit 2520193446631091189895
Operating Profit Margin (%) 11.9%11.4%8.7%10.8%16.0%18.5%20.2%19.3%17.6%16.0%
Other Income + 1222211212
Exceptional Items 0020000000
Interest 87689912141521
Depreciation 333457810913
Profit Before Tax 15121324334790977563
Tax 5456101021261916
Profit After Tax 108919233769715646
PAT Margin (%) 4.7%4.7%4.0%5.9%8.1%11.0%12.7%11.6%10.0%7.8%
Adjusted EPS (₹)1.91.61.73.74.67.313.514.011.09.1
Dividend Payout Ratio (%)5.40%7.90%7.40%4.70%8.80%22%14.80%14.30%18.20%21.90%

Valuation of Rajratan Global Wire - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 91103111129148185245306352388
Share Capital 4444101010101010
Reserves 8798107124138175235296342378
Debt +4550416877727199106146
Long Term Debt1482314452426795112
Short Term Debt32423937332130321134
Minority Interest0000000000
Trade Payables741026222764686988
Others Liabilities 23192128325253717979
Total Liabilities 166176183251278335433544605701

Fixed Assets

Net Fixed Assets +40495078116127167185180330
Gross Block79525588131148196223227388
Accumulated Depreciation39369152129394858
CWIP 314191071710118866
Investments 39393838385151515151
Inventories15131626232535463970
Trade Receivables47505361618711310492127
Cash Equivalents 3234378101213
Others Assets 20231924263143474445
Total Assets 166176183251278335433544605701

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 141918293332851038725
PBT 15121324334790977563
Adjustment 1110812141519222333
Changes in Working Capital -711-1-6-19-488-59
Tax Paid -4-4-4-6-8-11-21-23-19-12
Cash Flow From Investing Activity + -5-7-5-48-34-28-69-112-79-43
Capex -5-7-7-48-34-19-66-111-94-45
Net Investments 00000-125000
Others 002003-8-0142
Cash Flow From Financing Activity + -12-13-12191-2-189-718
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -4-5-528147-7293926
Interest Paid -8-7-6-8-9-9-12-13-15-21
Dividend Paid -0-1-1-1-30-8-10-10-10
Others -0-0-0-0-1093-2124
Net Cash Flow -3-011-02-2-000

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)11.168.718.5616.1517.2222.832.2726.0917.1812.65
ROCE (%)15.6512.9112.4218.2719.612334.329.619.9515.96
Asset Turnover Ratio1.281.161.241.451.081.11.411.270.980.92
PAT to CFO Conversion(x)1.42.3821.531.430.861.231.451.550.54
Working Capital Days
Receivable Days89.708983.906678.2080.5067.2063.7063.7066.30
Inventory Days28.5025.7023.9024.5031.20262023.8027.8033
Payable Days48.301917.8029.905142.8050.7065.1072.9080.90

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Rajratan Global Wire Ltd FAQs

The current trading price of Rajratan Global Wire on 04-Jun-2026 16:59 is ₹427.2.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Rajratan Global Wire stood at ₹2,169.2 Cr

The latest P/E ratio of Rajratan Global Wire as of 03-Jun-2026 is 48.44.

The latest P/B ratio of Rajratan Global Wire as of 03-Jun-2026 is 5.17.

The 52-week high of Rajratan Global Wire is ₹540.5 and the 52-week low is ₹305.6.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Rajratan Global Wire is ₹722 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Rajratan Global Wire Ltd is a average quality company.

The key valuation ratios of Rajratan Global Wire Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Rajratan Global Wire Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Rajratan Global Wire Ltd

Rajratan Global Wire (RGWL) incorporated on September 9, 1988 is one of the leading manufacturers of high carbon steel wire in India – specializing in automotive tyre bead wire, high quality spring & rope wires are other speciality products of the company.

RGWL has most modern factory at Pithampur, which is 25 Km from Indore, a prominent industrial city in Central India. The quest for quality, excellence and progress driven by the total dedication of a competent and professional team is the hallmark of RGWL. With its “state of art” plant RGWL is equipped to produce high value steel wires with precise product characteristics.

In a short span of time RGWL has achieved leadership position in tyre bead wire business in India having a global scale of operation & to take the tradition of quality & excellence further, RGWL has formed a 100% subsidiary company Rajratan Thai Wire Co. and started an ultra modern facility to produce automotive tyre bead wire in Thailand. This is a true step towards globalization efforts of RGWL.

Product range of the company includes:

Tyre bead wire- Tyre bead wire is a high carbon bronze coated steel wire used in all tyres. The main function of bead wire is to hold the tyre on the rim and to resist the action of the inflated pressure, which constantly tries to force it off.

Following sizes of bead wire are being regularly manufactured by the company:

  • 0.89 MM NT / HT
  • 0.96 MM NT / HT
  • 1.295 MM HT
  • 1.60 MM HT
  • 1.65 MM HT
  • 1.83 MM NT / HT
  • 2.00 MM NT
  • 2.20 MM NT
  • 2.40 MM NT

PC Wire & Strands

  • PC single wire - As Drawn- This wire is mostly used for the manufacture of pre-stressed concrete pipes. The wire has a drawn finish and is supplied with plain surface without indentation.
  • PC Single Wire-Stress Relieved- This wire is supplied in large coils and pays out straight when uncoiled. It is used in pre-tensioning and post-tensioning operations for mass produced small components as well as pre-stressed constructions at site. The wire can be supplied in plain or indented finish.
  • PC Strands - P.C. Strands are being increasingly used because of larger pre-stressing loads that are possible. Strands also afford a better mechanical bond with concrete as compared to single wires.

Achievements/ recognition:-

  • RGWL's Tyre Bead Wire manufacturing unit is certified by ISO/TS 16949:2002
  • PC Wire and Strand unit is certified for ISO 9001:2000

 

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