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Rajratan Global Wire NSEI:RAJRATAN Stock Report

Last Price

₹494.05

Market Cap

₹25.2b

7D

0.3%

1Y

-35.9%

Updated

26 Dec, 2024

Data

Company Financials +

Rajratan Global Wire Limited

NSEI:RAJRATAN Stock Report

Market Cap: ₹25.2b

RAJRATAN Stock Overview

Engages in manufacturing and sale of tyre bead wires in India and Thailand. More details

RAJRATAN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance2/6
Financial Health4/6
Dividends4/6

My Notes

Capture your thoughts, links and company narrative

Rajratan Global Wire Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Rajratan Global Wire
Historical stock prices
Current Share Price₹494.05
52 Week High₹816.75
52 Week Low₹478.30
Beta0.45
1 Month Change-1.03%
3 Month Change-13.10%
1 Year Change-35.92%
3 Year Change23.51%
5 Year Changen/a
Change since IPO1,225.24%

Recent News & Updates

Revenue Beat: Rajratan Global Wire Limited Exceeded Revenue Forecasts By 6.0% And Analysts Are Updating Their Estimates

Oct 24
Revenue Beat: Rajratan Global Wire Limited Exceeded Revenue Forecasts By 6.0% And Analysts Are Updating Their Estimates

Recent updates

Revenue Beat: Rajratan Global Wire Limited Exceeded Revenue Forecasts By 6.0% And Analysts Are Updating Their Estimates

Oct 24
Revenue Beat: Rajratan Global Wire Limited Exceeded Revenue Forecasts By 6.0% And Analysts Are Updating Their Estimates

Rajratan Global Wire (NSE:RAJRATAN) Has Announced A Dividend Of ₹2.00

Jul 13
Rajratan Global Wire (NSE:RAJRATAN) Has Announced A Dividend Of ₹2.00

We Think Rajratan Global Wire (NSE:RAJRATAN) Is Taking Some Risk With Its Debt

Jun 12
We Think Rajratan Global Wire (NSE:RAJRATAN) Is Taking Some Risk With Its Debt

Returns On Capital Signal Tricky Times Ahead For Rajratan Global Wire (NSE:RAJRATAN)

Apr 05
Returns On Capital Signal Tricky Times Ahead For Rajratan Global Wire (NSE:RAJRATAN)

₹882 - That's What Analysts Think Rajratan Global Wire Limited (NSE:RAJRATAN) Is Worth After These Results

Jan 23
₹882 - That's What Analysts Think Rajratan Global Wire Limited (NSE:RAJRATAN) Is Worth After These Results

Here's What Rajratan Global Wire's (NSE:RAJRATAN) Strong Returns On Capital Mean

Oct 20
Here's What Rajratan Global Wire's (NSE:RAJRATAN) Strong Returns On Capital Mean

Do Rajratan Global Wire's (NSE:RAJRATAN) Earnings Warrant Your Attention?

Apr 21
Do Rajratan Global Wire's (NSE:RAJRATAN) Earnings Warrant Your Attention?

Is Rajratan Global Wire (NSE:RAJRATAN) Using Too Much Debt?

Mar 23
Is Rajratan Global Wire (NSE:RAJRATAN) Using Too Much Debt?

Some Analysts Just Cut Their Rajratan Global Wire Limited (NSE:RAJRATAN) Estimates

Jan 29
Some Analysts Just Cut Their Rajratan Global Wire Limited (NSE:RAJRATAN) Estimates

Here's Why We Think Rajratan Global Wire (NSE:RAJRATAN) Might Deserve Your Attention Today

Nov 08
Here's Why We Think Rajratan Global Wire (NSE:RAJRATAN) Might Deserve Your Attention Today

Under The Bonnet, Rajratan Global Wire's (NSE:RAJRATAN) Returns Look Impressive

Oct 22
Under The Bonnet, Rajratan Global Wire's (NSE:RAJRATAN) Returns Look Impressive

Is Rajratan Global Wire (NSE:RAJRATAN) Using Too Much Debt?

Sep 27
Is Rajratan Global Wire (NSE:RAJRATAN) Using Too Much Debt?

Rajratan Global Wire Limited Just Beat Revenue By 13%: Here's What Analysts Think Will Happen Next

Jul 23
Rajratan Global Wire Limited Just Beat Revenue By 13%: Here's What Analysts Think Will Happen Next

We Think Rajratan Global Wire (NSE:RAJRATAN) Might Have The DNA Of A Multi-Bagger

Jul 20
We Think Rajratan Global Wire (NSE:RAJRATAN) Might Have The DNA Of A Multi-Bagger

Here's Why Rajratan Global Wire (NSE:RAJRATAN) Can Manage Its Debt Responsibly

May 17
Here's Why Rajratan Global Wire (NSE:RAJRATAN) Can Manage Its Debt Responsibly

Do Rajratan Global Wire's (NSE:RAJRATAN) Earnings Warrant Your Attention?

Apr 28
Do Rajratan Global Wire's (NSE:RAJRATAN) Earnings Warrant Your Attention?

These 4 Measures Indicate That Rajratan Global Wire (NSE:RAJRATAN) Is Using Debt Reasonably Well

Jan 05
These 4 Measures Indicate That Rajratan Global Wire (NSE:RAJRATAN) Is Using Debt Reasonably Well

Rajratan Global Wire's (NSE:RAJRATAN) Earnings Are Weaker Than They Seem

Oct 28
Rajratan Global Wire's (NSE:RAJRATAN) Earnings Are Weaker Than They Seem

Is Now The Time To Put Rajratan Global Wire (NSE:RAJRATAN) On Your Watchlist?

Oct 07
Is Now The Time To Put Rajratan Global Wire (NSE:RAJRATAN) On Your Watchlist?

Why You Should Care About Rajratan Global Wire's (NSE:RAJRATAN) Strong Returns On Capital

Aug 30
Why You Should Care About Rajratan Global Wire's (NSE:RAJRATAN) Strong Returns On Capital

With EPS Growth And More, Rajratan Global Wire (NSE:RAJRATAN) Is Interesting

Jun 24
With EPS Growth And More, Rajratan Global Wire (NSE:RAJRATAN) Is Interesting

Rajratan Global Wire (NSE:RAJRATAN) Seems To Use Debt Quite Sensibly

Jun 10
Rajratan Global Wire (NSE:RAJRATAN) Seems To Use Debt Quite Sensibly

Here's What's Concerning About Rajratan Global Wire's (NSE:RAJRATAN) Returns On Capital

May 25
Here's What's Concerning About Rajratan Global Wire's (NSE:RAJRATAN) Returns On Capital

Is Rajratan Global Wire (NSE:RAJRATAN) A Risky Investment?

Feb 22
Is Rajratan Global Wire (NSE:RAJRATAN) A Risky Investment?

Did Rajratan Global Wire Limited (NSE:RAJRATAN) Insiders Buy Up More Shares?

Jan 25
Did Rajratan Global Wire Limited (NSE:RAJRATAN) Insiders Buy Up More Shares?

Is Rajratan Global Wire Limited's (NSE:RAJRATAN) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

Dec 20
Is Rajratan Global Wire Limited's (NSE:RAJRATAN) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

Is Rajratan Global Wire (NSE:RAJRATAN) Using Too Much Debt?

Nov 23
Is Rajratan Global Wire (NSE:RAJRATAN) Using Too Much Debt?

Shareholder Returns

RAJRATANIN Metals and MiningIN Market
7D0.3%-2.7%-2.5%
1Y-35.9%22.4%17.9%

Return vs Industry: RAJRATAN underperformed the Indian Metals and Mining industry which returned 22.4% over the past year.

Return vs Market: RAJRATAN underperformed the Indian Market which returned 17.9% over the past year.

Price Volatility

Is RAJRATAN's price volatile compared to industry and market?
RAJRATAN volatility
RAJRATAN Average Weekly Movement3.6%
Metals and Mining Industry Average Movement5.9%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.1%
10% least volatile stocks in IN Market4.1%

Stable Share Price: RAJRATAN has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: RAJRATAN's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1988647Sunil Chordiarajratan.co.in

Rajratan Global Wire Limited engages in manufacturing and sale of tyre bead wires in India and Thailand. It also offers high carbon steel wires that are used in construction, engineering, and automobile industries. The company was incorporated in 1988 and is based in Indore, India.

Rajratan Global Wire Limited Fundamentals Summary

How do Rajratan Global Wire's earnings and revenue compare to its market cap?
RAJRATAN fundamental statistics
Market cap₹25.22b
Earnings (TTM)₹742.10m
Revenue (TTM)₹9.38b

33.8x

P/E Ratio

2.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RAJRATAN income statement (TTM)
Revenue₹9.38b
Cost of Revenue₹6.14b
Gross Profit₹3.23b
Other Expenses₹2.49b
Earnings₹742.10m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)14.62
Gross Margin34.49%
Net Profit Margin7.91%
Debt/Equity Ratio58.2%

How did RAJRATAN perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

14%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 11:57
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Rajratan Global Wire Limited is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAsian Markets Securities Private Limited
Sailesh RajaBatlivala & Karani Securities India Pvt. Ltd.
null nullEast India Securities Ltd