Rajratan Global Wire Ltd Share Price – NSE  / BSE

Steel, Small Cap

However, on a year-on-year basis, the company?s net profit fell by 24.94%, despite a 4.74% increase in total income in Q4 FY25 over Q4 FY24.

Profit before tax (PBT) in Q4 FY25 stood at Rs 20.06 crore, down 24.1% from Rs 26.43 crore recorded in the year-ago quarter.

EBITDA stood at Rs 33.33 crore in Q4 FY25, registering the de-growth of 3%, compared with Rs 34.41 crore in Q4 FY24. The EBITDA margin reduced to 13.26% in Q4 FY25, compared to 14.36% recorded in the corresponding quarter the previous year.

Total expenses jumped 8.3% YoY to Rs 231.92 crore in the fourth quarter of FY25. The cost of materials consumed stood at Rs 158.75 crore (up 5.16%), employee benefits expense was at Rs 11.37 crore (up 27.04% YoY), and finance costs were at Rs 7.48 crore (up 68.85% YoY) during the period under review.

Sunil Chordia, chairman, said, ?The last quarter saw 85?90% capacity utilization at the Thailand and Pithampur plants, boosting overall profitability. Improved volumes and strategic market focus strengthened the Chennai unit. Higher realizations, increased sales to premium clients, limited exposure to low-end cycle tire makers, and stronger export and auto sector demand significantly enhanced profitability. Standalone profits, adjusted for Chennai?s initial losses, more than doubled over Q3FY25 and matched Q4FY24 levels.

The US tariff on our product remains unchanged, providing a fillip to our global ambition. During the last quarter, the Board of Directors approved the conversion of our low-value-added black wire capacity to higher-value-added wire rope, which will empower us to achieve similar profitability as our India bead wire business. Overall, we remain cautiously optimistic in a dynamic global scenario. We expect the scenario to play out positively for Rajratan, reinforcing our sustainable growth efforts. We look forward to commencing FY2025-26 on a positive note.?

Meanwhile, the board has recommended a final dividend of Rs 2 per equity share, subject to shareholder approval at the upcoming AGM for FY 2024?25.

In a strategic move, the board also approved procurement of machinery at its Pithampur plant for the production of value-added wire rope. The initiative involves converting the existing 12,000 TPA capacity of black wire into 10,000 TPA of wire rope, enhancing the company?s product offerings.

Rajratan Global Wire is engaged in the manufacturing of bead wire, a high-carbon steel wire utilized in the production of tires.

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Rajratan Global Wire announced that the Board of Directors of the Company at its meeting held on 21 April 2025, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 100%) , subject to the approval of the shareholders.

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Net profit of Rajratan Global Wire declined 24.94% to Rs 15.20 crore in the quarter ended March 2025 as against Rs 20.25 crore during the previous quarter ended March 2024. Sales rose 4.95% to Rs 251.42 crore in the quarter ended March 2025 as against Rs 239.57 crore during the previous quarter ended March 2024.

For the full year,net profit declined 18.15% to Rs 58.80 crore in the year ended March 2025 as against Rs 71.84 crore during the previous year ended March 2024. Sales rose 5.03% to Rs 935.25 crore in the year ended March 2025 as against Rs 890.45 crore during the previous year ended March 2024.

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Rajratan Global Wire announced that the Board of Directors of the Company at its meeting held on 21 April 2025, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 100%) , subject to the approval of the shareholders.

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Net profit of Rajratan Global Wire declined 24.94% to Rs 15.20 crore in the quarter ended March 2025 as against Rs 20.25 crore during the previous quarter ended March 2024. Sales rose 4.95% to Rs 251.42 crore in the quarter ended March 2025 as against Rs 239.57 crore during the previous quarter ended March 2024.

For the full year,net profit declined 18.15% to Rs 58.80 crore in the year ended March 2025 as against Rs 71.84 crore during the previous year ended March 2024. Sales rose 5.03% to Rs 935.25 crore in the year ended March 2025 as against Rs 890.45 crore during the previous year ended March 2024.

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Rajratan Global Wire will hold a meeting of the Board of Directors of the Company on 21 April 2025.

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However, on a year-on-year basis, the company?s net profit fell by 24.94%, despite a 4.74% increase in total income in Q4 FY25 over Q4 FY24.

Profit before tax (PBT) in Q4 FY25 stood at Rs 20.06 crore, down 24.1% from Rs 26.43 crore recorded in the year-ago quarter.

EBITDA stood at Rs 33.33 crore in Q4 FY25, registering the de-growth of 3%, compared with Rs 34.41 crore in Q4 FY24. The EBITDA margin reduced to 13.26% in Q4 FY25, compared to 14.36% recorded in the corresponding quarter the previous year.

Total expenses jumped 8.3% YoY to Rs 231.92 crore in the fourth quarter of FY25. The cost of materials consumed stood at Rs 158.75 crore (up 5.16%), employee benefits expense was at Rs 11.37 crore (up 27.04% YoY), and finance costs were at Rs 7.48 crore (up 68.85% YoY) during the period under review.

Sunil Chordia, chairman, said, ?The last quarter saw 85?90% capacity utilization at the Thailand and Pithampur plants, boosting overall profitability. Improved volumes and strategic market focus strengthened the Chennai unit. Higher realizations, increased sales to premium clients, limited exposure to low-end cycle tire makers, and stronger export and auto sector demand significantly enhanced profitability. Standalone profits, adjusted for Chennai?s initial losses, more than doubled over Q3FY25 and matched Q4FY24 levels.

The US tariff on our product remains unchanged, providing a fillip to our global ambition. During the last quarter, the Board of Directors approved the conversion of our low-value-added black wire capacity to higher-value-added wire rope, which will empower us to achieve similar profitability as our India bead wire business. Overall, we remain cautiously optimistic in a dynamic global scenario. We expect the scenario to play out positively for Rajratan, reinforcing our sustainable growth efforts. We look forward to commencing FY2025-26 on a positive note.?

Meanwhile, the board has recommended a final dividend of Rs 2 per equity share, subject to shareholder approval at the upcoming AGM for FY 2024?25.

In a strategic move, the board also approved procurement of machinery at its Pithampur plant for the production of value-added wire rope. The initiative involves converting the existing 12,000 TPA capacity of black wire into 10,000 TPA of wire rope, enhancing the company?s product offerings.

Rajratan Global Wire is engaged in the manufacturing of bead wire, a high-carbon steel wire utilized in the production of tires.

Powered by Capital Market - Live News

Rajratan Global Wire announced that the Board of Directors of the Company at its meeting held on 21 April 2025, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 100%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Net profit of Rajratan Global Wire declined 24.94% to Rs 15.20 crore in the quarter ended March 2025 as against Rs 20.25 crore during the previous quarter ended March 2024. Sales rose 4.95% to Rs 251.42 crore in the quarter ended March 2025 as against Rs 239.57 crore during the previous quarter ended March 2024.

For the full year,net profit declined 18.15% to Rs 58.80 crore in the year ended March 2025 as against Rs 71.84 crore during the previous year ended March 2024. Sales rose 5.03% to Rs 935.25 crore in the year ended March 2025 as against Rs 890.45 crore during the previous year ended March 2024.

Powered by Capital Market - Live News

Rajratan Global Wire announced that the Board of Directors of the Company at its meeting held on 21 April 2025, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 100%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Net profit of Rajratan Global Wire declined 24.94% to Rs 15.20 crore in the quarter ended March 2025 as against Rs 20.25 crore during the previous quarter ended March 2024. Sales rose 4.95% to Rs 251.42 crore in the quarter ended March 2025 as against Rs 239.57 crore during the previous quarter ended March 2024.

For the full year,net profit declined 18.15% to Rs 58.80 crore in the year ended March 2025 as against Rs 71.84 crore during the previous year ended March 2024. Sales rose 5.03% to Rs 935.25 crore in the year ended March 2025 as against Rs 890.45 crore during the previous year ended March 2024.

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Rajratan Global Wire will hold a meeting of the Board of Directors of the Company on 21 April 2025.

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