How Did Rajratan Global Wire Achieve Record EBITDA in Q2 FY26?
Rajratan Global Wire Ltd, a key player in tyre bead wire manufacturing, posted record financial performance in Q2 FY26. Its strong presence across India and Thailand enabled broad-based growth in both domestic and export markets.
About Rajratan Global Wire
Rajratan manufactures high-tensile bead wire used in tyre manufacturing. It’s a market leader in India and a preferred supplier for global tyre companies, operating facilities in Pithampur and Thailand.
Key Financial Highlights
- Revenue up 20% YoY, marking robust volume growth.
- EBITDA nearly ₹40 crore — the highest ever recorded.
- Guidance for FY26: Revenue growth of 15–20% and EBITDA margin of 13–15%.
- Target top line of ₹2,000 crore within three years.
Exports stood at 2,200–2,300 tons per month with focus on SE Asia, Europe, and North America. Chennai plant utilization continued rising with expansion plans underway.
For short-term insights on manufacturing stocks, see Nifty Tip to gauge sector momentum.
Operational & Strategic Developments
- ₹70 crore CAPEX for wire rope project in Pithampur (production Q1 FY27).
- Thailand plant at 90% utilization with de-bottlenecking initiatives.
- Planned ₹25 crore investment for Chennai Phase-II to enhance capacity to 60,000 tons.
- Strong demand from premium tyre makers offset raw material cost pressures.
Rajratan’s focus on Europe and North America along with BIS compliance remains central to its global growth trajectory.
BankNifty Tip helps track institutional rotation into engineering and export-oriented sectors.
Investor Takeaway
Indian-Share-Tips.com analysis suggests Rajratan’s expansion in global markets and diversification across regions provides long-term growth stability. Accumulate on dips for steady compounding. Visit Indian-Share-Tips.com, a SEBI Registered Advisory Services, for deeper insights.
Related Queries on Rajratan Global Wire
- What is driving Rajratan’s record profitability?
- How sustainable are export-led margins?
- Will capacity expansion enhance long-term returns?
SEBI Disclaimer: The information provided in this post is for informational purposes only and should not be construed as investment advice. Readers must perform their own due diligence and consult a registered investment advisor before making any investment decisions. The views expressed are general in nature and may not suit individual investment objectives or financial situations.
