Rajratan Global WireNSE:RAJRATAN
Current view Q1 2027
Makes the steel bead wire inside tyres; the only maker in Thailand. The loss-making Chennai plant turned profitable and doubles to 60,000 tonnes, export growth is good with new countries adding, tyre share back to 42–43%, promoter buying near ₹455. But borrowing is high - interest swallows 26 paise of every operating rupee.
Latest exchange filings last 5 · 5 after Q1 2027
- 19 Aug ’26Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 19 Aug ↗
- 30 Jul ’26Shareholders approved Mr. Yashovardhan Chordia’s reappointment as CEO and Deputy Managing Director at the 38th AGM. ↗
- 28 Jul ’2638th AGM voting results released; Rs. 2 dividend approved, Yashovardhan Chordia reappointed CEO and Deputy MD. ↗
- 27 Jul ’26Copy of Newspaper Publication of Unaudited Quarterly Financial Results ↗
- 24 Jul ’26Announcement under Regulation 30 (LODR)-Investor Presentation 24 Jul ↗
Exchange filings, with the company's own one-line summary, read off the same page as the figures. Screener publishes only the most recent few, so this is the last 5 — not everything filed since your note, and a quiet-looking list is not proof of a quiet quarter. A filing is marked new when it is dated after the end of the quarter your note covers. Not scored, and not a judgement — a routine repayment notice and a takeover sit in the same list.
AI concall report · Q1 2027
The full earnings-call read behind this view — what management promised, what they delivered, and the earning trigger.
Growth Q1 2027
| Metric | This year vs lastYoY · vs Q1 2026 | vs the quarter beforeQoQ, sequential · vs Q4 2026 | 3-year yearly average3Y CAGR · compounded | 5-year yearly average5Y CAGR · compounded |
|---|---|---|---|---|
| Sales | ▲ +28.7% | +1.3% | +8.9% | +16.1% |
| Operating profit | ▲ +35.5% | +44.8% | −4.0% | +9.2% |
| EPS | ▲ +69.9% | +48.7% | −11.2% | +5.7% |
| PAT | ▲ +64.3% | +53.3% | — | — |
Tinted rows drive the Tier. Tier = the weaker of YoY Sales and YoY PAT growth. Here the weaker is Sales at +28.7%, which is ≥ 20% → Tier 1.
QoQ is sequential, not a trend. For most Indian companies the March quarter is seasonally the largest, so a June-quarter fall against it is a calendar effect. Only the YoY column feeds the Tier.
Multibagger potential
Weak38/100
⚠ Your own view here is Positive, and the figures are not. The note above is where the reason lives; the score only sees the numbers.
Earnings are shrinking, not growing. Profit per share fell 11% a year over the window measured. Nothing compounds from here until that turns, whatever the price does.
No forward view — earnings are not compounding, so there is nothing to project.
Both engines in reverse.
How this is calculated
Band capped: earnings are not growing over the measured window.
Growth rate used: -11.2% — the weakest of EPS / Sales / Op-profit from 3-year EPS CAGR. Latest quarter reads 60%.
How it compares with its rivals Wires & Cables · 6 of 129 listed
These are the industry's largest names rather than companies of its own size, so the columns are worth reading straight across — a ranking against them would only be restating the size gap.
| Company | Price | P/E | Size | ROCE | Profitlast qtr | Saleslast qtr |
|---|---|---|---|---|---|---|
| Rajratan Global | ₹452 | 28.8× | ₹2,293 Cr | 13.2% | +69.8% | +29.1% |
| Samvardh. Mothe. | ₹164 | 38.0× | ₹1.74 L Cr | 13.4% | +81.5% | +16.6% |
| Bosch | ₹47,778 | 59.6× | ₹1.41 L Cr | 21.5% | +5.2% | +22.0% |
| Bharat Forge | ₹1,990 | 94.2× | ₹95,135 Cr | 12.6% | −57.7% | +18.7% |
| Uno Minda | ₹1,242 | 58.7× | ₹71,721 Cr | 19.6% | +1.8% | +23.8% |
| Schaeffler India | ₹4,141 | 50.1× | ₹64,731 Cr | 27.9% | +13.7% | +17.5% |
Screener's own peer group, from the request already made for the industry P/E. It serves the industry's largest names by market cap, not companies of a similar size, so treat this as context rather than a like-for-like table; this company is always shown. On a phone the price, size and sales columns are dropped rather than pushed off the edge. Not part of the score.
Business quality to Jun 2026
| Are the margins widening? | broadly flat | operating margin 12% → 13% over 3 years |
|---|---|---|
| Did the profit turn into cash? | most of it, with some tied up | 62% last year, 73% over three · free cash flow −₹30 cr, positive in 1 of 5 years |
| Is the growth borrowed? | lightly borrowed | ₹324 cr — 0.50× its own equity (was 0.42×) |
| Is it being collected? | collection is steady | 81 days to collect, up 10 in a year · cash cycle 62 days |
| Who has been buying? | the promoters have held steady | promoters 65.2% (+0.1 in a year), 65.1% → 65.2% over 2.8 years · FIIs 0.8% (+0.7) · DIIs 8.3% (+0.1) · shareholders 78,086 → 62,564 |
| What does it earn on its capital? | earns a fair return on its capital | ROCE 13.2% · ROE 11.5% |
Fetched from the filings, not typed — and deliberately not part of the score. These are the questions the score cannot ask: it reads growth, price and trend, so a company can score well while its profit never becomes cash. Weigh these beside the note, not against the number.
Screener's own checklist not mine, not the score
In its favour
- Company's working capital requirements have reduced from 16.2 days to 12.1 days
Against it
- Stock is trading at 3.57 times its book value
- Company has a low return on equity of 12.5% over last 3 years.
Generated by screener.in from a fixed checklist — not written by me and not an input to the score. It is here as a second machine opinion to weigh against the note; where it disagrees with the view above, the note is the considered one.