Rajratan Global Wire reported a 24% revenue jump to ₹1,156.5 crore and a 19% PAT increase to ₹70.11 crore for FY 2025-26. Growth was driven by exports and its new Chennai facility.
Rajratan Global Wire FY25-26 Results
Revenue from operations: ₹1,156.5 Crore
Profit After Tax (PAT): ₹70.11 Crore
Reader Takeaway: Revenue growth driven by exports and new facility; margin pressure from steel prices.
What just happened
Rajratan Global Wire Ltd announced its financial results for the fiscal year 2025-26. Revenue from operations surged by 24% to ₹1,156.5 crore, while Profit After Tax (PAT) grew by 19% to ₹70.11 crore compared to the previous fiscal year.
Why this matters
The strong revenue growth indicates successful expansion and market penetration, particularly driven by higher export sales and the full ramp-up of its new Chennai facility. The PAT growth shows improved profitability, although margin dynamics require attention.
The backstory
The company has been in an expansion phase, investing in new capacities like the Chennai plant, which has now reached its Phase 1 full production capacity. Its installed manufacturing capacity in India stands at 1,32,000 TPA, with plans to expand its Thailand unit.
What changes now
Rajratan Global Wire is shifting from expansion to a phase of 'compounding' and optimizing its existing and new capacities. The focus is on sustained volume growth and cash flow generation. The launch of 'Project 162K' aims for 1,62,000 tonnes of sales in FY 2026-27.
Risks to watch
Key risks include raw material price volatility, especially steel prices, which impacted EBITDA margins in Q4 FY25-26 due to timing lags in price adjustments. The Debt/EBITDA ratio has increased to 2.31x following expansionary capital expenditure. Global macro factors like geopolitical tensions also pose a risk.
Peer comparison
While specific peer results for the same period are not provided in the filing, Rajratan Global Wire's focus on export markets and capacity expansion aligns with broader industry trends in the wire and cable sector.
Context metrics (time-bound)
- Revenue from operations increased by 24% to ₹1,156.5 crore in FY 2025-26.
- PAT grew by 19% to ₹70.11 crore in FY 2025-26.
- EBITDA margins moderated to 12.10% in FY 2025-26 from 13.57% in the previous year.
- Dividend payout announced at ₹2 per share.
- The Chennai facility reached full Phase 1 production capacity.
What to track next
Investors will be closely watching the company's progress on the 'Project 162K' volume target for FY 2026-27. Monitoring quarterly margin trends and the impact of raw material price fluctuations will be crucial. The planned expansion of the Thailand unit is also a key development to track.