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Earnings Call Transcript

Rajratan Global Wire Earnings Call Transcript: Key Takeaways

Revenue up ~27% YoY on volume growth, but EBITDA up only ~14% as cost inflation squeezes margins. Thailand near full capacity; 50,000-ton expansion planned; price hikes deferred to December.

Highlights
Revenue growth27% revenue growth YoY; volume-led, price not disclosed.
MarginsEBITDA/ton down ~3% YoY; management calls margins 'rock bottom'.
Demand visibilityIndian tyre market 8-10% growth; Thailand regional 10-15%.
Management confidenceOver-optimistic; repeatedly 'very confident' amid margin compression.

Growth

Revenue +27% YoY; consolidated EBITDA +14% YoY and +10% QoQ (₹41.71 Cr to ₹45.79 Cr); volume-led, pricing lagging.

Outlook

Thai 50,000T capacity ~FY28; 160,000T consolidated volume FY27; Chennai beyond 60,000T uncommitted.

Risks

Margins described as 'rock bottom' with no pricing action until December; steel cord not yet commercial; ISO/BIS certifications pending.

Source

Earnings Call Transcript filed with BSE, NSE: RAJRATAN. Summary written with AI assistance from the document.

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Rajratan Global Wire Ltd: key numbers

Share price
₹402.75
Market cap
₹2,045 Cr
Revenue (annual)
₹1,156 Cr
Net profit (annual)
₹70.11 Cr
P/E (TTM)
24.6×Sector 30.9×
Promoter holding
65.20%+0.00% QoQ
FII holding
1.33%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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