Rajratan Global Wire Ltd.

•

₹ 501.75-0.71%

2026-08-21

rajratan.co.inBSE: 517522NSE: RAJRATAN

Market Cap₹ 2,567 Cr.

Current Price₹ 505

High / Low₹ 564 / 306

Stock P/E32.2

Book Value₹ 132

Price to Book2.60

Dividend Yield0.40 %

ROCE13.3 %

ROE11.7 %

Face Value₹ 2

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ABOUT

KEY POINTS

Revenue Breakup Mar 2017 • Bead Wire: 98.2% • Wire Drawing Machine & Tools: 1.8%

PROS

Company has consistently been profitable over the last 5 years
Latest quarter profit grew 69.8% YoY, showing strong momentum
Company has delivered good sales growth of 16.2% CAGR over last 5 years
Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.18x)
Working capital cycle has improved - days down from 31 to 24
Company has a consistent dividend-paying track record

CONS

Receivables are growing faster than sales - a possible quality concern
Total debt has risen sharply - up 36.4% year on year
Company has delivered a poor profit growth of 5.7% over past five years
Operating margins have contracted to 12.0% from 18.3%
Growth is decelerating - 3Y profit CAGR (-11.2%) trails the 5Y trend (5.7%)
Though reporting repeated profits, the company pays out little dividend (14.5%)

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS

Automobile and Auto ComponentsAutomobile & AncillariesAuto Ancillary

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name	CMP Rs.	P/E	Mar Cap Rs.Cr.	Div Yld %	NP Qtr Rs.Cr.	Qtr Profit Var %	Sales Qtr Rs.Cr.	Qtr Sales Var %	ROCE %	OPM %
1.	MOTHERSON	170.35	41.05	179794.93	0.35	1075.66	77.48	35243.77	17.70	13.63	8.86
2.	BOSCHLTD	48360.00	60.36	142643.14	0.56	706.10	-36.74	5841.90	22.00	25.60	14.08
3.	UNOMINDA	1275.00	61.24	73627.07	0.21	315.51	2.10	5556.85	23.79	20.74	11.14
4.	TIINDIA	2936.45	93.72	56841.54	0.12	293.96	-3.04	6215.33	20.20	27.33	8.81
5.	SONACOMS	823.00	73.78	51346.20	0.41	178.51	46.67	1301.20	52.38	14.75	22.55
6.	ENDURANCE	2987.10	43.32	42017.40	0.39	244.52	8.03	4314.89	30.01	18.33	12.42
7.	ZFCVINDIA	2617.15	59.66	29784.61	0.03	1044.78	753.75	10661.76	992.89	20.23	12.93
8.	CRAFTSMAN	10778.15	60.63	28189.64	0.10	150.55	116.31	2431.58	36.30	14.65	15.81
9.	MSUMI	39.27	0.00	26042.54	1.48	1453.20	915.51	34072.60	1273.43	43.72	7.58
10.	GABRIEL	1438.55	85.65	25495.42	0.35	1081.26	925.35	14256.83	1055.00	26.37	11.71
11.	SANSERA	3894.75	69.76	24304.63	0.10	87.36	38.71	1021.26	33.27	13.97	19.18
12.	RAJRATAN	505.65	32.24	2567.24	0.40	22.96	69.82	318.35	29.14	13.34	13.10

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	204	214	233	240	220	245	218	251	247	294	302	314	318
	179	180	198	205	191	207	192	218	216	254	261	286	292
Operating Profit	—	—	—	—	—	—	—	—	—	—	—	—	—
OPM %	—	—	—	—	—	—	—	—	—	—	—	—	—
Other Income	1	1	-0	1	1	0	0	1	1	1	1	3	3
Interest	5	5	5	4	5	8	8	7	7	8	7	6	7
Depreciation	4	4	5	5	5	6	6	6	7	7	7	8	8
	17	26	24	26	20	25	12	20	18	27	27	18	30
Tax %	26.71%	24.90%	19.61%	23.38%	25.00%	22.69%	24.55%	24.23%	24.17%	23.41%	22.51%	12.97%	23.85%
Net Profit	0	0	0	0	15	19	9	15	14	21	21	15	23
	2	4	4	4	3	4	2	3	3	4	4	3	0
Equity Capital	10	10	10	10	10	10	10	10	10	10	10	10	10
Reserves	0	0	0	0	0	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Equity Capital	10	10	10	10	10	10	10	10	10	10	10	10	10
Reserves	0	0	0	0	0	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Jun 2023

: 204
: 179
Operating Profit: —
OPM %: —
Other Income: 1
Interest: 5
Depreciation: 4
: 17
Tax %: 26.71%
Net Profit: 0
: 2
Equity Capital: 10
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 10
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2023

: 214
: 180
Operating Profit: —
OPM %: —
Other Income: 1
Interest: 5
Depreciation: 4
: 26
Tax %: 24.90%
Net Profit: 0
: 4
Equity Capital: 10
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 10
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2023

: 233
: 198
Operating Profit: —
OPM %: —
Other Income: -0
Interest: 5
Depreciation: 5
: 24
Tax %: 19.61%
Net Profit: 0
: 4
Equity Capital: 10
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 10
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2024

: 240
: 205
Operating Profit: —
OPM %: —
Other Income: 1
Interest: 4
Depreciation: 5
: 26
Tax %: 23.38%
Net Profit: 0
: 4
Equity Capital: 10
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 10
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2024

: 220
: 191
Operating Profit: —
OPM %: —
Other Income: 1
Interest: 5
Depreciation: 5
: 20
Tax %: 25.00%
Net Profit: 15
: 3
Equity Capital: 10
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 10
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2024

: 245
: 207
Operating Profit: —
OPM %: —
Other Income: 0
Interest: 8
Depreciation: 6
: 25
Tax %: 22.69%
Net Profit: 19
: 4
Equity Capital: 10
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 10
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2024

: 218
: 192
Operating Profit: —
OPM %: —
Other Income: 0
Interest: 8
Depreciation: 6
: 12
Tax %: 24.55%
Net Profit: 9
: 2
Equity Capital: 10
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 10
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2025

: 251
: 218
Operating Profit: —
OPM %: —
Other Income: 1
Interest: 7
Depreciation: 6
: 20
Tax %: 24.23%
Net Profit: 15
: 3
Equity Capital: 10
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 10
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2025

: 247
: 216
Operating Profit: —
OPM %: —
Other Income: 1
Interest: 7
Depreciation: 7
: 18
Tax %: 24.17%
Net Profit: 14
: 3
Equity Capital: 10
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 10
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2025

: 294
: 254
Operating Profit: —
OPM %: —
Other Income: 1
Interest: 8
Depreciation: 7
: 27
Tax %: 23.41%
Net Profit: 21
: 4
Equity Capital: 10
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 10
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2025

: 302
: 261
Operating Profit: —
OPM %: —
Other Income: 1
Interest: 7
Depreciation: 7
: 27
Tax %: 22.51%
Net Profit: 21
: 4
Equity Capital: 10
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 10
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2026

: 314
: 286
Operating Profit: —
OPM %: —
Other Income: 3
Interest: 6
Depreciation: 8
: 18
Tax %: 12.97%
Net Profit: 15
: 3
Equity Capital: 10
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 10
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2026

: 318
: 292
Operating Profit: —
OPM %: —
Other Income: 3
Interest: 7
Depreciation: 8
: 30
Tax %: 23.85%
Net Profit: 23
: 0
Equity Capital: 10
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 10
Reserves: 0
Promoter Pledge %: 0.00%

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	283	345	493	480	547	893	895	890	935	1,156	1,228
	242	311	440	412	454	711	733	763	808	1,017	1,093
Operating Profit	43	38	54	69	94	184	165	131	129	146	—
OPM %	15	11	11	14	17	21	18	15	14	13	—
Other Income	2	5	2	1	2	2	3	3	2	6	8
Interest	11	9	11	13	13	15	17	20	28	28	29
Depreciation	7	8	9	12	14	16	18	18	23	28	29
	25	23	34	44	66	153	130	94	77	89	101
Tax %	26	27	22	24	20	19	23	23	24	21	21
Net Profit	19	17	27	33	53	124	100	72	59	70	80
EPS	43	39	26	33	10	24	20	14	12	14	—
Dividend Payout %	3	4	3	6	15	8	10	14	17	14	—
Minority Interest	0	-0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	4	3	5	7	10	24	20	14	12	14	—
Minority Interest	0	-0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	4	3	5	7	10	24	20	14	12	14	—

Mar 2017

: 283
: 242
Operating Profit: 43
OPM %: 15
Other Income: 2
Interest: 11
Depreciation: 7
: 25
Tax %: 26
Net Profit: 19
EPS: 43
Dividend Payout %: 3
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 4
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 4

Mar 2018

: 345
: 311
Operating Profit: 38
OPM %: 11
Other Income: 5
Interest: 9
Depreciation: 8
: 23
Tax %: 27
Net Profit: 17
EPS: 39
Dividend Payout %: 4
Minority Interest: -0
Share of Associates: 0
Adjusted EPS: 3
Minority Interest: -0
Share of Associates: 0
Adjusted EPS: 3

Mar 2019

: 493
: 440
Operating Profit: 54
OPM %: 11
Other Income: 2
Interest: 11
Depreciation: 9
: 34
Tax %: 22
Net Profit: 27
EPS: 26
Dividend Payout %: 3
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 5
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 5

Mar 2020

: 480
: 412
Operating Profit: 69
OPM %: 14
Other Income: 1
Interest: 13
Depreciation: 12
: 44
Tax %: 24
Net Profit: 33
EPS: 33
Dividend Payout %: 6
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 7
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 7

Mar 2021

: 547
: 454
Operating Profit: 94
OPM %: 17
Other Income: 2
Interest: 13
Depreciation: 14
: 66
Tax %: 20
Net Profit: 53
EPS: 10
Dividend Payout %: 15
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 10
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 10

Mar 2022

: 893
: 711
Operating Profit: 184
OPM %: 21
Other Income: 2
Interest: 15
Depreciation: 16
: 153
Tax %: 19
Net Profit: 124
EPS: 24
Dividend Payout %: 8
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 24
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 24

Mar 2023

: 895
: 733
Operating Profit: 165
OPM %: 18
Other Income: 3
Interest: 17
Depreciation: 18
: 130
Tax %: 23
Net Profit: 100
EPS: 20
Dividend Payout %: 10
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 20
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 20

Mar 2024

: 890
: 763
Operating Profit: 131
OPM %: 15
Other Income: 3
Interest: 20
Depreciation: 18
: 94
Tax %: 23
Net Profit: 72
EPS: 14
Dividend Payout %: 14
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 14
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 14

Mar 2025

: 935
: 808
Operating Profit: 129
OPM %: 14
Other Income: 2
Interest: 28
Depreciation: 23
: 77
Tax %: 24
Net Profit: 59
EPS: 12
Dividend Payout %: 17
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 12
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 12

Mar 2026

: 1,156
: 1,017
Operating Profit: 146
OPM %: 13
Other Income: 6
Interest: 28
Depreciation: 28
: 89
Tax %: 21
Net Profit: 70
EPS: 14
Dividend Payout %: 14
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 14
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 14

TTM

: 1,228
: 1,093
Operating Profit: —
OPM %: —
Other Income: 8
Interest: 29
Depreciation: 29
: 101
Tax %: 21
Net Profit: 80
EPS: —
Dividend Payout %: —
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: —
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: —

COMPOUNDED SALES GROWTH

10 Years:: 15%
5 Years:: 16%
3 Years:: 9%

COMPOUNDED PROFIT GROWTH

10 Years:: 16%
5 Years:: 6%
3 Years:: -11%

STOCK PRICE CAGR

10 Years:: —
5 Years:: 5%
3 Years:: -11%
1 Year:: 54%

RETURN ON EQUITY

10 Years:: 22%
5 Years:: 22%
3 Years:: 13%
Last Year:: 12%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
LIABILITIES	-	-	-	-	-	-	-	-	-	-
Equity Capital	4	4	4	10	10	10	10	10	10	10
	92	111	138	163	216	331	429	482	549	640
	80	87	89	83	70	83	85	48	75	152
Trade Payables	32	37	36	40	49	114	95	109	131	139
	26	23	71	89	105	104	145	197	213	228
Total Liabilities	235	262	338	385	451	642	764	846	977	1,170
ASSETS	-	-	-	-	-	-	-	-	-	-
	115	129	168	229	242	281	325	364	532	619
Capital Work in Progress	2	6	32	10	8	30	140	191	72	88
	0	0	0	0	0	0	0	0	0	1
	34	36	45	41	51	82	86	72	110	104
	0	0	0	0	0	0	0	154	182	255
Cash & Bank	3	6	4	3	8	8	13	15	24	37
	81	86	88	102	142	241	200	50	55	65
Total Assets	235	262	338	385	451	642	764	846	977	1,170
Total Debt	94	97	137	146	142	137	171	191	237	324
Net Working Capital	-10	-11	-15	-3	40	71	50	51	80	75
Contingent Liabilities	2	2	2	1	16	88	93	90	99	6
Book Value per Share	211.87	254.91	317.89	166.86	219.13	67.19	85.77	96.25	109.33	127.35
Face Value	10.00	10.00	10.00	10.00	10.00	2.00	2.00	2.00	2.00	2.00
Total Debt	94	97	137	146	142	137	171	191	237	324
Net Working Capital	-10	-11	-15	-3	40	71	50	51	80	75
Contingent Liabilities	2	2	2	1	16	88	93	90	99	6
Book Value per Share	211.87	254.91	317.89	166.86	219.13	67.19	85.77	96.25	109.33	127.35
Face Value	10.00	10.00	10.00	10.00	10.00	2.00	2.00	2.00	2.00	2.00

Mar 2017

Equity Capital: 4
: 92
: 80
Trade Payables: 32
: 26
Total Liabilities: 235
: 115
Capital Work in Progress: 2
: 0
: 34
: 0
Cash & Bank: 3
: 81
Total Assets: 235
Total Debt: 94
Net Working Capital: -10
Contingent Liabilities: 2
Book Value per Share: 211.87
Face Value: 10.00
Total Debt: 94
Net Working Capital: -10
Contingent Liabilities: 2
Book Value per Share: 211.87
Face Value: 10.00

Mar 2018

Equity Capital: 4
: 111
: 87
Trade Payables: 37
: 23
Total Liabilities: 262
: 129
Capital Work in Progress: 6
: 0
: 36
: 0
Cash & Bank: 6
: 86
Total Assets: 262
Total Debt: 97
Net Working Capital: -11
Contingent Liabilities: 2
Book Value per Share: 254.91
Face Value: 10.00
Total Debt: 97
Net Working Capital: -11
Contingent Liabilities: 2
Book Value per Share: 254.91
Face Value: 10.00

Mar 2019

Equity Capital: 4
: 138
: 89
Trade Payables: 36
: 71
Total Liabilities: 338
: 168
Capital Work in Progress: 32
: 0
: 45
: 0
Cash & Bank: 4
: 88
Total Assets: 338
Total Debt: 137
Net Working Capital: -15
Contingent Liabilities: 2
Book Value per Share: 317.89
Face Value: 10.00
Total Debt: 137
Net Working Capital: -15
Contingent Liabilities: 2
Book Value per Share: 317.89
Face Value: 10.00

Mar 2020

Equity Capital: 10
: 163
: 83
Trade Payables: 40
: 89
Total Liabilities: 385
: 229
Capital Work in Progress: 10
: 0
: 41
: 0
Cash & Bank: 3
: 102
Total Assets: 385
Total Debt: 146
Net Working Capital: -3
Contingent Liabilities: 1
Book Value per Share: 166.86
Face Value: 10.00
Total Debt: 146
Net Working Capital: -3
Contingent Liabilities: 1
Book Value per Share: 166.86
Face Value: 10.00

Mar 2021

Equity Capital: 10
: 216
: 70
Trade Payables: 49
: 105
Total Liabilities: 451
: 242
Capital Work in Progress: 8
: 0
: 51
: 0
Cash & Bank: 8
: 142
Total Assets: 451
Total Debt: 142
Net Working Capital: 40
Contingent Liabilities: 16
Book Value per Share: 219.13
Face Value: 10.00
Total Debt: 142
Net Working Capital: 40
Contingent Liabilities: 16
Book Value per Share: 219.13
Face Value: 10.00

Mar 2022

Equity Capital: 10
: 331
: 83
Trade Payables: 114
: 104
Total Liabilities: 642
: 281
Capital Work in Progress: 30
: 0
: 82
: 0
Cash & Bank: 8
: 241
Total Assets: 642
Total Debt: 137
Net Working Capital: 71
Contingent Liabilities: 88
Book Value per Share: 67.19
Face Value: 2.00
Total Debt: 137
Net Working Capital: 71
Contingent Liabilities: 88
Book Value per Share: 67.19
Face Value: 2.00

Mar 2023

Equity Capital: 10
: 429
: 85
Trade Payables: 95
: 145
Total Liabilities: 764
: 325
Capital Work in Progress: 140
: 0
: 86
: 0
Cash & Bank: 13
: 200
Total Assets: 764
Total Debt: 171
Net Working Capital: 50
Contingent Liabilities: 93
Book Value per Share: 85.77
Face Value: 2.00
Total Debt: 171
Net Working Capital: 50
Contingent Liabilities: 93
Book Value per Share: 85.77
Face Value: 2.00

Mar 2024

Equity Capital: 10
: 482
: 48
Trade Payables: 109
: 197
Total Liabilities: 846
: 364
Capital Work in Progress: 191
: 0
: 72
: 154
Cash & Bank: 15
: 50
Total Assets: 846
Total Debt: 191
Net Working Capital: 51
Contingent Liabilities: 90
Book Value per Share: 96.25
Face Value: 2.00
Total Debt: 191
Net Working Capital: 51
Contingent Liabilities: 90
Book Value per Share: 96.25
Face Value: 2.00

Mar 2025

Equity Capital: 10
: 549
: 75
Trade Payables: 131
: 213
Total Liabilities: 977
: 532
Capital Work in Progress: 72
: 0
: 110
: 182
Cash & Bank: 24
: 55
Total Assets: 977
Total Debt: 237
Net Working Capital: 80
Contingent Liabilities: 99
Book Value per Share: 109.33
Face Value: 2.00
Total Debt: 237
Net Working Capital: 80
Contingent Liabilities: 99
Book Value per Share: 109.33
Face Value: 2.00

Mar 2026

Equity Capital: 10
: 640
: 152
Trade Payables: 139
: 228
Total Liabilities: 1,170
: 619
Capital Work in Progress: 88
: 1
: 104
: 255
Cash & Bank: 37
: 65
Total Assets: 1,170
Total Debt: 324
Net Working Capital: 75
Contingent Liabilities: 6
Book Value per Share: 127.35
Face Value: 2.00
Total Debt: 324
Net Working Capital: 75
Contingent Liabilities: 6
Book Value per Share: 127.35
Face Value: 2.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	32	39	48	51	39	122	159	107	57	75
Cash from Investing	-15	-18	-71	-45	-27	-96	-167	-97	-57	-113
Cash from Financing	-17	-18	22	-6	-10	-28	10	-10	8	50
	-0	3	-2	-0	3	-2	2	0	8	11
Free Cash Flow	32	11	-29	-1	12	49	-16	3	-21	-69
OCF / Net Profit	1.68	2.25	1.78	1.55	0.73	0.98	1.59	1.49	0.96	1.06
Cumulative 5-Year FCF	0	0	0	0	25	42	15	48	28	-53
OCF / Net Profit	1.68	2.25	1.78	1.55	0.73	0.98	1.59	1.49	0.96	1.06
Cumulative 5-Year FCF	0	0	0	0	25	42	15	48	28	-53

Mar 2017

: 32
Cash from Investing: -15
Cash from Financing: -17
: -0
Free Cash Flow: 32
OCF / Net Profit: 1.68
Cumulative 5-Year FCF: 0
OCF / Net Profit: 1.68
Cumulative 5-Year FCF: 0

Mar 2018

: 39
Cash from Investing: -18
Cash from Financing: -18
: 3
Free Cash Flow: 11
OCF / Net Profit: 2.25
Cumulative 5-Year FCF: 0
OCF / Net Profit: 2.25
Cumulative 5-Year FCF: 0

Mar 2019

: 48
Cash from Investing: -71
Cash from Financing: 22
: -2
Free Cash Flow: -29
OCF / Net Profit: 1.78
Cumulative 5-Year FCF: 0
OCF / Net Profit: 1.78
Cumulative 5-Year FCF: 0

Mar 2020

: 51
Cash from Investing: -45
Cash from Financing: -6
: -0
Free Cash Flow: -1
OCF / Net Profit: 1.55
Cumulative 5-Year FCF: 0
OCF / Net Profit: 1.55
Cumulative 5-Year FCF: 0

Mar 2021

: 39
Cash from Investing: -27
Cash from Financing: -10
: 3
Free Cash Flow: 12
OCF / Net Profit: 0.73
Cumulative 5-Year FCF: 25
OCF / Net Profit: 0.73
Cumulative 5-Year FCF: 25

Mar 2022

: 122
Cash from Investing: -96
Cash from Financing: -28
: -2
Free Cash Flow: 49
OCF / Net Profit: 0.98
Cumulative 5-Year FCF: 42
OCF / Net Profit: 0.98
Cumulative 5-Year FCF: 42

Mar 2023

: 159
Cash from Investing: -167
Cash from Financing: 10
: 2
Free Cash Flow: -16
OCF / Net Profit: 1.59
Cumulative 5-Year FCF: 15
OCF / Net Profit: 1.59
Cumulative 5-Year FCF: 15

Mar 2024

: 107
Cash from Investing: -97
Cash from Financing: -10
: 0
Free Cash Flow: 3
OCF / Net Profit: 1.49
Cumulative 5-Year FCF: 48
OCF / Net Profit: 1.49
Cumulative 5-Year FCF: 48

Mar 2025

: 57
Cash from Investing: -57
Cash from Financing: 8
: 8
Free Cash Flow: -21
OCF / Net Profit: 0.96
Cumulative 5-Year FCF: 28
OCF / Net Profit: 0.96
Cumulative 5-Year FCF: 28

Mar 2026

: 75
Cash from Investing: -113
Cash from Financing: 50
: 11
Free Cash Flow: -69
OCF / Net Profit: 1.06
Cumulative 5-Year FCF: -53
OCF / Net Profit: 1.06
Cumulative 5-Year FCF: -53

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
PER SHARE	-	-	-	-	-	-	-	-	-	-
EPS (₹)	43.43	39.33	61.40	32.56	52.34	24.50	19.73	14.15	11.58	13.81
Book Value (₹)	211.87	254.91	317.89	166.86	219.13	67.19	85.77	96.25	109.33	127.35
Dividend per Share (₹)	1.50	1.50	2.00	2.00	8.00	2.00	2.00	2.00	2.00	2.00
Cash EPS (₹)	5.14	4.89	7.07	8.89	13.25	27.56	23.29	17.65	16.14	19.37
PROFITABILITY	-	-	-	-	-	-	-	-	-	-
Operating Margin %	14.17%	10.96%	10.98%	14.41%	17.15%	20.48%	18.29%	14.26%	13.42%	12.00%
Net Margin %	6.21%	4.90%	5.42%	6.88%	9.72%	13.87%	11.08%	8.02%	6.22%	6.01%
ROE %	23.75%	16.83%	21.44%	21.49%	27.12%	44.14%	25.80%	15.55%	11.27%	11.67%
ROCE %	20.45%	16.32%	18.59%	19.33%	23.43%	39.90%	27.15%	17.63%	14.34%	13.34%
	8.53%	6.88%	8.90%	9.14%	12.70%	22.75%	14.24%	8.92%	6.45%	6.53%
EFFICIENCY	-	-	-	-	-	-	-	-	-	-
Debtor Days	74	72	53	59	67	61	64	59	65	69
Inventory Days	38	36	30	33	31	27	34	32	35	34
Payable Days	64	57	41	48	48	55	69	64	74	70
	48	52	43	44	49	32	29	28	26	32
FINANCIAL HEALTH	-	-	-	-	-	-	-	-	-	-
Debt to Equity (x)	1.02x	0.87x	0.99x	0.86x	0.64x	0.40x	0.39x	0.39x	0.43x	0.50x
Interest Coverage (x)	3.41x	3.71x	4.15x	4.27x	5.95x	10.89x	8.75x	5.80x	3.75x	4.13x
	0.92x	0.92x	0.90x	0.98x	1.26x	1.30x	1.22x	1.21x	1.28x	1.21x
GROWTH	-	-	-	-	-	-	-	-	-	-
Revenue Growth %	0.20%	21.58%	43.04%	-2.57%	13.81%	63.37%	0.28%	-0.55%	5.03%	23.66%
Operating Profit Growth %	1.02%	-11.44%	41.54%	27.91%	35.46%	95.85%	-9.98%	-20.69%	-1.86%	13.29%
Net Profit Growth %	16.15%	-9.60%	56.28%	23.74%	60.76%	134.01%	-19.47%	-28.26%	-18.15%	19.25%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-28.26%	-18.15%	19.26%
VALUATION	-	-	-	-	-	-	-	-	-	-
P/E (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	41.05x	25.32x	23.94x
P/B (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	6.04x	2.68x	2.60x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.34%	0.68%	0.60%
	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	23.84x	13.23x	13.49x

Mar 2017

EPS (₹): 43.43
Book Value (₹): 211.87
Dividend per Share (₹): 1.50
Cash EPS (₹): 5.14
Operating Margin %: 14.17%
Net Margin %: 6.21%
ROE %: 23.75%
ROCE %: 20.45%
: 8.53%
Debtor Days: 74
Inventory Days: 38
Payable Days: 64
: 48
Debt to Equity (x): 1.02x
Interest Coverage (x): 3.41x
: 0.92x
Revenue Growth %: 0.20%
Operating Profit Growth %: 1.02%
Net Profit Growth %: 16.15%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2018

EPS (₹): 39.33
Book Value (₹): 254.91
Dividend per Share (₹): 1.50
Cash EPS (₹): 4.89
Operating Margin %: 10.96%
Net Margin %: 4.90%
ROE %: 16.83%
ROCE %: 16.32%
: 6.88%
Debtor Days: 72
Inventory Days: 36
Payable Days: 57
: 52
Debt to Equity (x): 0.87x
Interest Coverage (x): 3.71x
: 0.92x
Revenue Growth %: 21.58%
Operating Profit Growth %: -11.44%
Net Profit Growth %: -9.60%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2019

EPS (₹): 61.40
Book Value (₹): 317.89
Dividend per Share (₹): 2.00
Cash EPS (₹): 7.07
Operating Margin %: 10.98%
Net Margin %: 5.42%
ROE %: 21.44%
ROCE %: 18.59%
: 8.90%
Debtor Days: 53
Inventory Days: 30
Payable Days: 41
: 43
Debt to Equity (x): 0.99x
Interest Coverage (x): 4.15x
: 0.90x
Revenue Growth %: 43.04%
Operating Profit Growth %: 41.54%
Net Profit Growth %: 56.28%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2020

EPS (₹): 32.56
Book Value (₹): 166.86
Dividend per Share (₹): 2.00
Cash EPS (₹): 8.89
Operating Margin %: 14.41%
Net Margin %: 6.88%
ROE %: 21.49%
ROCE %: 19.33%
: 9.14%
Debtor Days: 59
Inventory Days: 33
Payable Days: 48
: 44
Debt to Equity (x): 0.86x
Interest Coverage (x): 4.27x
: 0.98x
Revenue Growth %: -2.57%
Operating Profit Growth %: 27.91%
Net Profit Growth %: 23.74%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2021

EPS (₹): 52.34
Book Value (₹): 219.13
Dividend per Share (₹): 8.00
Cash EPS (₹): 13.25
Operating Margin %: 17.15%
Net Margin %: 9.72%
ROE %: 27.12%
ROCE %: 23.43%
: 12.70%
Debtor Days: 67
Inventory Days: 31
Payable Days: 48
: 49
Debt to Equity (x): 0.64x
Interest Coverage (x): 5.95x
: 1.26x
Revenue Growth %: 13.81%
Operating Profit Growth %: 35.46%
Net Profit Growth %: 60.76%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2022

EPS (₹): 24.50
Book Value (₹): 67.19
Dividend per Share (₹): 2.00
Cash EPS (₹): 27.56
Operating Margin %: 20.48%
Net Margin %: 13.87%
ROE %: 44.14%
ROCE %: 39.90%
: 22.75%
Debtor Days: 61
Inventory Days: 27
Payable Days: 55
: 32
Debt to Equity (x): 0.40x
Interest Coverage (x): 10.89x
: 1.30x
Revenue Growth %: 63.37%
Operating Profit Growth %: 95.85%
Net Profit Growth %: 134.01%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2023

EPS (₹): 19.73
Book Value (₹): 85.77
Dividend per Share (₹): 2.00
Cash EPS (₹): 23.29
Operating Margin %: 18.29%
Net Margin %: 11.08%
ROE %: 25.80%
ROCE %: 27.15%
: 14.24%
Debtor Days: 64
Inventory Days: 34
Payable Days: 69
: 29
Debt to Equity (x): 0.39x
Interest Coverage (x): 8.75x
: 1.22x
Revenue Growth %: 0.28%
Operating Profit Growth %: -9.98%
Net Profit Growth %: -19.47%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2024

EPS (₹): 14.15
Book Value (₹): 96.25
Dividend per Share (₹): 2.00
Cash EPS (₹): 17.65
Operating Margin %: 14.26%
Net Margin %: 8.02%
ROE %: 15.55%
ROCE %: 17.63%
: 8.92%
Debtor Days: 59
Inventory Days: 32
Payable Days: 64
: 28
Debt to Equity (x): 0.39x
Interest Coverage (x): 5.80x
: 1.21x
Revenue Growth %: -0.55%
Operating Profit Growth %: -20.69%
Net Profit Growth %: -28.26%
: -28.26%
P/E (x): 41.05x
P/B (x): 6.04x
Dividend Yield %: 0.34%
: 23.84x

Mar 2025

EPS (₹): 11.58
Book Value (₹): 109.33
Dividend per Share (₹): 2.00
Cash EPS (₹): 16.14
Operating Margin %: 13.42%
Net Margin %: 6.22%
ROE %: 11.27%
ROCE %: 14.34%
: 6.45%
Debtor Days: 65
Inventory Days: 35
Payable Days: 74
: 26
Debt to Equity (x): 0.43x
Interest Coverage (x): 3.75x
: 1.28x
Revenue Growth %: 5.03%
Operating Profit Growth %: -1.86%
Net Profit Growth %: -18.15%
: -18.15%
P/E (x): 25.32x
P/B (x): 2.68x
Dividend Yield %: 0.68%
: 13.23x

Mar 2026

EPS (₹): 13.81
Book Value (₹): 127.35
Dividend per Share (₹): 2.00
Cash EPS (₹): 19.37
Operating Margin %: 12.00%
Net Margin %: 6.01%
ROE %: 11.67%
ROCE %: 13.34%
: 6.53%
Debtor Days: 69
Inventory Days: 34
Payable Days: 70
: 32
Debt to Equity (x): 0.50x
Interest Coverage (x): 4.13x
: 1.21x
Revenue Growth %: 23.66%
Operating Profit Growth %: 13.29%
Net Profit Growth %: 19.25%
: 19.26%
P/E (x): 23.94x
P/B (x): 2.60x
Dividend Yield %: 0.60%
: 13.49x

Shareholding Pattern

Numbers in percentages

TRADES

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	65.14	65.14	65.14	65.14	65.14	65.14	65.14	65.20	65.20
	0.29	0.27	0.16	0.21	0.14	0.57	0.50	0.57	0.83
	8.19	8.25	8.21	8.19	8.26	8.29	8.27	8.30	8.35
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	26.38	26.34	26.49	26.46	26.47	26.01	26.10	25.93	25.63

Jun 2024

: 65.14
: 0.29
: 8.19
Government: 0.00
: 26.38

Sep 2024

: 65.14
: 0.27
: 8.25
Government: 0.00
: 26.34

Dec 2024

: 65.14
: 0.16
: 8.21
Government: 0.00
: 26.49

Mar 2025

: 65.14
: 0.21
: 8.19
Government: 0.00
: 26.46

Jun 2025

: 65.14
: 0.14
: 8.26
Government: 0.00
: 26.47

Sep 2025

: 65.14
: 0.57
: 8.29
Government: 0.00
: 26.01

Dec 2025

: 65.14
: 0.50
: 8.27
Government: 0.00
: 26.10

Mar 2026

: 65.20
: 0.57
: 8.30
Government: 0.00
: 25.93

Jun 2026

: 65.20
: 0.83
: 8.35
Government: 0.00
: 25.63

Documents

Announcements

Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-19 - Rajratan Global Wire Limited has informed the Exchange about Schedule of meet
General Updates
2026-07-30 - Rajratan Global Wire Limited has informed the Exchange about General Updates

Annual Reports

Credit Ratings

Credit Rating
2026-06-18 - Rajratan Global Wire Limited has informed the Exchange about Credit Rating
Credit Rating
2026-06-05 - Rajratan Global Wire Limited has informed the Exchange about Credit Rating

Concalls

Jul 2026
TranscriptPPTREC
Apr 2026
Transcript PPTREC
Jan 2026
TranscriptPPTREC