Rajratan Global Wire reported an 18% YoY volume growth to 133,000 tons in FY26, achieving its highest-ever sales tonnage.
Q4 EBITDA margins were impacted by a sudden INR10,000/ton steel price rise and high energy costs, which have since been passed on to customers.
The company guided for 17-18% volume growth in FY27, supported by Chennai capacity doubling to 60,000 tons and a new steel cord project.
Management outlined a INR70 crore capex for a niche steel cord (conveyor belt) project and INR25 crore to complete the Chennai expansion.