MarketFriction

Rajratan Global Wire Ltd

NSE RAJRATAN · BSE 517522 · Auto Components & Equipments
₹453.55 -1.74%
NSE close2026-10-01
52 week range305.55 - 563.95
Market cap₹2,363 Cr.
P/E29.7
Price band 20% Delivery 52.6%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales214233240220245218251247294302314318
Expenses180198205191207192218216254261286277
Operating Profit343434303826333140402942
OPM %16%15%14%13%15%12%13%13%14%13%9%13%
Other Income1-01100111133
Interest554588778767
Depreciation455566677788
Profit before tax262426202512201827271830
Tax %25%20%23%25%23%25%24%24%23%23%13%24%
Net Profit19202015199151421211523
EPS in Rs3.843.883.993.003.751.832.992.664.054.083.044.52
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2832833454934805478938958909351,1561,228
Expenses2412423114404124547117337638081,0171,078
Operating Profit424133526892182162128127140151
OPM %15%14%10%11%14%17%20%18%14%14%12%12%
Other Income127212233268
Interest15119111313151720282829
Depreciation77891214161818232829
Profit before tax212523344466153130947789101
Tax %23%26%27%22%24%20%19%23%23%24%21%
Net Profit16191727335312410072597080
EPS in Rs3.243.713.365.256.5110.4624.4919.7214.1511.5813.8115.69
Dividend Payout %3%3%4%3%6%15%8%10%14%17%14%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth15%16%9%28%
Compounded Profit Growth16%6%-11%40%
Stock Price CAGR28%3%-15%48%
Return on Equity19%19%13%12%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital4444410101010101010
Reserves476392111138163216331429482549640
Borrowings122999497137146142137171191237324
Other Liabilities47394147535970139128143163185
Total Liabilities2212042322593333784396177398269601,159
Fixed Assets103100115129168229242281325364532619
CWIP162632109301401917288
Investments000000000001
Other Assets11799114124132139188306274271355450
Total Assets2212042322593333784396177398269601,159
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity203432394851391191621075775
Cash from Investing Activity-4-8-15-18-71-45-27-93-169-97-57-113
Cash from Financing Activity-12-28-17-1822-6-10-2810-10850
Net Cash Flow4-3-03-2-03-220811
Free Cash Flow16251718-2461232-4-13-1-30
CFO/OP96%91%87%129%102%87%56%79%119%102%55%62%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days817585765364787456637181
Inventory Days796675595051555657456854
Days Payable685970614050537963688172
Cash Conversion Cycle928289746365805050405962
Working Capital Days-36-27-16-18-14-4222615152212
ROCE %11%21%20%15%18%19%23%40%27%18%14%13%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters65.10%65.10%65.13%65.13%65.13%65.13%65.13%65.13%65.13%65.13%65.20%65.20%
FIIs0.65%0.73%0.87%0.29%0.27%0.16%0.21%0.14%0.57%0.50%0.57%0.83%
DIIs8.42%8.69%7.97%8.19%8.25%8.21%8.19%8.26%8.29%8.27%8.30%8.35%
Public25.83%25.48%26.02%26.37%26.34%26.49%26.47%26.47%26.01%26.09%25.92%25.62%
No. of Shareholders78,08673,91374,02273,22169,57868,77866,29265,75065,10165,54764,16862,564

Fundamentals

Market Cap₹ 2,363 Cr.
Current Price₹ 466
Stock P/E29.7
Book Value₹ 128
ROCE13.2 %
ROE11.5 %
Dividend Yield0.43 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)28%
Compounded Profit Growth (TTM)40%
Consolidated figures.
Valuation
Market capRs 2,303 Cr
Enterprise valueRs 2,590 Cr
P/E (TTM)28.92x
Price to book3.54x
Price to sales1.87x
EV / EBITDA16.30x
EV / EBIT19.93x
EV / sales2.11x
Price to cash flow30.90x
Earnings yield3.46%
Dividend yield0.44%
P/E, 3-year average30.09x
P/B, 3-year average3.74x
P/E, 5-year average29.80x
P/B, 5-year average5.50x
Profitability
Operating margin (excl. other income)12.10%
Operating margin (incl. other income)12.60%
EBITDA margin12.93%
Pre-tax margin8.26%
Net profit margin6.48%
Net margin, latest quarter7.21%
ROE11.59%
ROCE13.27%
ROA6.62%
ROE, 3-year average12.73%
ROCE, 3-year average15.02%
ROA, 3-year average7.46%
ROE, 5-year average21.53%
ROCE, 5-year average22.36%
ROA, 5-year average12.14%
ROIC (approx.)10.91%
Tax rate21.30%
Other income / net worth0.89%
Growth
Sales growth (latest year)23.66%
Profit growth (latest year)19.25%
Sales CAGR, 3 years8.90%
Sales CAGR, 5 years16.17%
Profit CAGR, 3 years-11.20%
Profit CAGR, 5 years5.70%
Sales growth QoQ1.29%
Profit growth QoQ48.80%
Sales growth YoY (latest quarter)29.14%
Profit growth YoY (latest quarter)69.82%
Per share
EPS (TTM)Rs 15.68
EPS (latest year)Rs 13.81
EPS (latest quarter)Rs 4.52
EPS, 3-year averageRs 13.18
EPS, 5-year averageRs 16.75
Book value per shareRs 128.11
Sales per shareRs 241.94
Cash flow per shareRs 14.68
Free cash flow per shareRs -5.91
Dividend per share (latest year)Rs 2.00
Dividend per share, 3-year averageRs 2.00
Dividend per share, 5-year averageRs 2.00
Dividends
Dividend payout14.48%
Dividend payout, 3-year average15.29%
Dividend payout, 5-year average12.83%
Efficiency
Asset turnover1.00x
Fixed asset turnover1.87x
Inventory turnover8.27x
Inventory days44 days
Debtor days81 days
Debtors turnover4.53x
Creditor days72 days
Cash conversion cycle62 days
Working capital days12 days
Leverage
Total debtRs 324 Cr
Cash and bankRs 37 Cr
Net debtRs 287 Cr
Debt to equity0.50x
Net debt / EBITDA1.81x
Interest coverage4.56x
Current ratio (filing 2026-03-31)1.21x
Quick ratio (filing 2026-03-31)0.92x
Trade payables (filing 2026-03-31)Rs 139 Cr
Owners' fund to total sources56.12%
Debt to assets27.95%
Cash flow
Cash from Operating Activity (latest year)Rs 75 Cr
Cash from Investing Activity (latest year)Rs -113 Cr
Cash from Financing Activity (latest year)Rs 50 Cr
Net Cash Flow (latest year)Rs 11 Cr
Free cash flow (latest year)Rs -30 Cr
FCFE (approx.: FCF + change in debt)Rs 56 Cr
Cash from ops / profit, 5 years1.22x
Sales to cash flow15.52x
Statement figures
Net sales (TTM)Rs 1,228 Cr
Net sales (latest year)Rs 1,156 Cr
Sales (latest quarter)Rs 318 Cr
Operating profit excl. other income (latest year)Rs 140 Cr
Operating profit (latest quarter)Rs 42 Cr
Other income (TTM)Rs 8 Cr
EBITDA (TTM)Rs 159 Cr
PBDT (TTM)Rs 130 Cr
Profit before tax (TTM)Rs 101 Cr
Tax (latest year)Rs 19 Cr
Net profit (TTM)Rs 80 Cr
Net profit (latest year)Rs 70 Cr
Net profit (latest quarter)Rs 23 Cr
Depreciation (TTM)Rs 29 Cr
Depreciation (latest quarter)Rs 8 Cr
Interest (TTM)Rs 29 Cr
Cost of goods sold (latest year)Rs 861 Cr
Total expenditure (latest year)Rs 1,017 Cr
Total income (latest year)Rs 1,162 Cr
Share capitalRs 10 Cr
ReservesRs 640 Cr
Shareholders' fundsRs 650 Cr
Total assetsRs 1,159 Cr
Net blockRs 619 Cr
Capital work in progressRs 88 Cr
InvestmentsRs 1 Cr
ReceivablesRs 255 Cr
InventoryRs 104 Cr
Other liabilitiesRs 185 Cr
Shares outstanding (crore)5.08
Ownership
Promoter holding65.20% (+0.07 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 28.9 is at the 47th percentile of its own 9.4-year range (median 29.5, low 6.7, high 73.1).
P/B 3.54 is at the 46th percentile (median 3.73).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodRAJRATANNifty 50Difference
1 week-3.9%-2.8% -1.1 pts
1 month-8.7%-6.8% -1.9 pts
3 months+0.1%-7.6% +7.7 pts
6 months+37.5%+0.4% +37.1 pts
1 year+38.3%-9.9% +48.3 pts
2 years-21.1%-13.6% -7.5 pts
3 years-41.1%+14.2% -55.3 pts
5 years+12.7%+27.9% -15.2 pts
4 mutual fund schemes hold about ₹193 Cr. Over three months 1 bought more and 2 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
SBI Small Cap Fund0.44%187 +6%
The Wealth Company Flexi Cap Fund2.32%6 -8%
The Wealth Company Small Cap Fund0.89%1 -33%
Motilal Oswal BSE 1000 Index Fund0.00%0

Red flags

F-score 5 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹318 Cr +28.7% vs Jun 2025. Net profit ₹23 Cr +64.3%.
Against our estimate for Jun 2026: sales -2.3%, profit +11.9% in line. Our estimate for Sep 2026: sales Rs 373 Cr, profit Rs 26 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-17Dividend - Rs 2 Per Share
2025-08-06Dividend - Rs 2 Per Share
2024-07-23Annual General Meeting/Dividend - Rs 2 Per Share
2023-07-27Annual General Meeting/Dividend - Rs 2 Per Share
2022-06-13Annual General Meeting/Dividend - Rs 2 Per Share
2022-03-15Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share0.2000
2021-07-12 Dividend - Rs 8 Per Share
DateTypeWhat it says
2026-09-11Concall / analyst meetSchedule of meet
2026-08-19Concall / analyst meetSchedule of meet
2026-07-30General UpdatesGeneral Updates
2026-07-28Shareholder meetingRajratan Global Wire Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on July 24, 2026
2026-07-28Shareholder meetingVoting results of Annual General Meeting held on July 24, 2026
2026-07-24Investor PresentationInvestor Presentation
2026-07-24Shareholder meetingProceedings of Annual General Meeting held on July 24, 2026
2026-07-24Board meeting outcomeRajratan Global Wire Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-14General UpdatesGeneral Updates
2026-07-10Record DateRecord date for the purpose of Dividend is 17-Jul-2026.
2026-07-04General UpdatesGeneral Updates
2026-07-03General UpdatesGeneral Updates
2026-07-03General UpdatesGeneral Updates
2026-07-02General UpdatesGeneral Updates
2026-07-02Shareholder meetingNotice of Annual General Meeting to be held on July 24, 2026
2026-06-18Credit RatingCredit Rating
2026-06-11Disclosure under SEBI TakeovSunil Chordia has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acq...
2026-06-05Credit RatingCredit Rating
2026-05-22Concall / analyst meetSchedule of meet
2026-05-15General UpdatesGeneral Updates
2026-04-29Concall / analyst meetTranscript
2026-04-22Concall / analyst meetLink of Recording
2026-04-21Investor PresentationInvestor Presentation
2026-04-21DividendBoard of Directors at its meeting held on April 21, 2026, recommended Final Dividend of Rs. 2 per equity share.
2026-04-21Board meeting outcomeRajratan Global Wire Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Rajratan Global Wire Ltd?

Rajratan Global Wire Ltd (RAJRATAN) has a market capitalisation of Rs 2,363 Cr. at the 2026-10-01 close.

What is the P/E ratio of Rajratan Global Wire Ltd?

Rajratan Global Wire Ltd trades at a P/E of 29.7 on trailing twelve-month profit, at the 2026-10-01 close.

What were Rajratan Global Wire Ltd's latest quarterly results?

In the Jun 2026 quarter, Rajratan Global Wire Ltd sales was Rs 318 Cr (+28.7% vs Jun 2025) and net profit was Rs 23 Cr.

What is the 52-week high and low of Rajratan Global Wire Ltd?

The 52-week high is Rs 563.95 and the 52-week low is Rs 305.55.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03