Rajratan Global Wire Ltd Share Price

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.

Agri-Tech (India) Ltd, Rajratan Global Wire Ltd, Taylormade Renewables Ltd and Manaksia Steels Ltd are among the other gainers in the BSE's 'B' group today, 22 April 2025.

Indowind Energy Ltd spiked 20.00% to Rs 21.78 at 12:01 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 2.29 lakh shares were traded on the counter so far as against the average daily volumes of 1.17 lakh shares in the past one month.

Agri-Tech (India) Ltd soared 20.00% to Rs 172.5. The stock was the second biggest gainer in 'B' group. On the BSE, 7189 shares were traded on the counter so far as against the average daily volumes of 1659 shares in the past one month.

Rajratan Global Wire Ltd surged 20.00% to Rs 388.55. The stock was the third biggest gainer in 'B' group. On the BSE, 31594 shares were traded on the counter so far as against the average daily volumes of 11374 shares in the past one month.

Taylormade Renewables Ltd added 20.00% to Rs 330.95. The stock was the fourth biggest gainer in 'B' group. On the BSE, 1.13 lakh shares were traded on the counter so far as against the average daily volumes of 14537 shares in the past one month.

Manaksia Steels Ltd gained 20.00% to Rs 60.43. The stock was the fifth biggest gainer in 'B' group. On the BSE, 5.89 lakh shares were traded on the counter so far as against the average daily volumes of 11098 shares in the past one month.

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.