Rajratan Global Wire Limited reported strong financial performance for FY 2025-26 with consolidated revenue growth of 24% to ₹1,156.5 crore (from ₹935.3 crore in FY25), driven by increased export sales and higher capacity utilization. Net profit increased 19% to ₹70.11 crore despite margin pressure from rising raw material costs. The Board recommended a final dividend of ₹2 per equity share, maintaining the same payout of ₹10.15 crore as the previous year.
Operational Highlights: The company expanded manufacturing capacity to 192,000 TPA across its India and Thailand facilities, with Chennai achieving full Phase 1 production within 18 months of commissioning. Export sales grew significantly to ₹196.4 crore (17% of revenue), while the company secured key global approvals including from Bridgestone for bead wire supply. Thailand operations accounted for 31% of consolidated EBITDA with 30-35% domestic market share.
Financial Position: Total borrowings increased to ₹323.9 crore to support working capital and capex requirements, resulting in a net gearing ratio of 0.46. The company maintained an ICRA A+ Stable credit rating and reported net worth of ₹650.4 crore. Key financial metrics showed RoCE moderating to 13.53% from 14.72% while debt/EBITDA increased to 2.31x.
Sustainability & ESG: The company implemented significant environmental initiatives including 17.58 MW solar capacity installation, zero liquid discharge systems at all plants, and achieved 50% reduction in LNG consumption through operational improvements. CSR spending of ₹1.64 crore focused on healthcare and education programs. The company maintained IATF 16949:2016, ISO 14001:2015, and ISO-45001:2018 certifications across all facilities.
Governance & Compliance: The Board re-appointed Mr. Yashovardhan Chordia as CEO & Deputy Managing Director for three years and appointed new independent directors. Auditors issued unmodified opinions on both standalone and consolidated financial statements with no material qualifications or fraud reported. The company complied with all SEBI and statutory requirements, maintaining promoter holding at 65.20%.
Outlook: Management targets achieving revenues of approximately ₹2,000 crore while maintaining EBITDA margins around 14% and conservative leverage levels. The company continues to focus on increasing capacity utilization, expanding international presence, and enhancing product sophistication through R&D investments.