Rajratan Global Wire Limited has informed the Exchange about Investor Presentation
RAJRATAN · price
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Rajratan Global Wire posted Q1 FY26 consolidated revenue of Rs. 24,651 lakhs, up 12% year-on-year, driven by an 8% rise in total sales volume to 28,634 MT. EBITDA grew 5% to Rs. 3,094 lakhs, but EBITDA margin contracted 85 bps to 12.55% due to higher other expenses and the Chennai plant being fully charged to the P&L. Profit after tax fell 11% to Rs. 1,352 lakhs as interest and depreciation costs rose 43% and 47% respectively. Management highlighted Chennai plant ramp-up (targeting 50%+ utilization and break-even by Q3 FY26), rising exports to the US and Europe, and a 8% PLI scheme benefit as key forward catalysts. The company also won the TPM Excellence Award (JIPM, Japan) for its Pithampur facility.
Near-term profitability is under pressure from Chennai commissioning costs, but the management outlook points to margin recovery as Chennai utilization improves, exports scale up, and fixed costs get absorbed. Investors should watch Q3 FY26 for the Chennai breakeven milestone and any further margin expansion from value-added sales to tyre manufacturers.