RAJRATANConsumer Discretionary

Rajratan Global Wire Limited

Auto Components & Equipments · ISIN INE451D01029 · BSE 517522 · NSE EQ · FV ₹2
Last price
₹431
+2.50%today
What this company does

Rajratan Global Wire Limited operates in Auto Components & Equipments, part of the Consumer Discretionary sector. It booked ₹371 cr of revenue in its latest quarter (Q2 FY27) and kept 6.5% of sales as profit.

“The Company is engaged in the business of manufacturing and sale of tyre bead wire.”
In the report:
54out of 100
Equitytale Health Score
Mixed

Healthier than 54% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 178–428 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
45

At close. Not part of the score.

Profitability & returns71

How much profit it earns on the money it employs

Balance sheet40

How much it owes, and whether earnings cover the interest

Cash quality34

Whether reported profit actually arrives as cash

Growth & consistency57

Whether sales and profit have grown, and how steadily

Valuation33

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 26% vs last year
✓ Promoters hold 65%
✓ No promoter shares pledged
✓ Turns profit into real cash
Watch-outs
! Thin 6.5% net margin
! Profit down 20% vs last year

What if I invest in RAJRATAN?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹431▲ +2.50%
latest close · 2026-11-04
52-wk low ₹362146 sessions so far52-wk high ₹802
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio22.7Average
LowAverageHigh
P/B ratio3.18High
Below bookModerateHigh
EV / EBITDA13.8Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity14.1%Fair
WeakFairStrong ▸15%
Return on capital18.4%Strong
WeakFairStrong
Net margin6.5%Decent
ThinDecentStrong
EBITDA margin12.5%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.60Moderate
LowModerateHigh ▸1
Interest cover5.5×Strong
RiskyOkayStrong ▸5×
Current ratio1.15Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹2,185 cr
Book value
₹135
EPS
₹4.75
latest quarter
Net debt
₹381 cr
owes more than its cash
Enterprise value
₹2,566 cr
EBITDA
₹186 cr
annualised
EBIT
₹155 cr
annualised
Operating margin
10.5%
Return on assets
7.5%
Earnings yield
4.41%
P/S
1.47
Sales / share
₹292.3
Tax rate
24.2%
Face value
₹2
Shares
5.1 cr
Working capital
₹66 cr
Current assets
₹507 cr
Current liabilities
₹441 cr
Delivery %
49.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹100–₹206, midpoint ₹108

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹371 cr
Other Income₹66 L
Total Income₹371 cr
Cost of Materials₹228 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-1 cr
Employee Benefit Expense₹15 cr
Finance Costs₹7 cr
Depreciation & Amortisation₹8 cr
Other Expenses₹83 cr
Total Expenses₹340 cr
Profit before Tax₹32 cr
Tax Expense₹8 cr
Net Profit₹24 cr
Net margin on total income6.5%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹226 cr60.9%
Employee benefit expense₹15 cr4.1%
Finance costs₹7 cr1.9%
Depreciation & amortisation₹8 cr2.0%
Other expenses₹83 cr22.5%
Tax expense₹8 cr2.1%
Profit for the period₹24 cr6.5%
Total income ₹371 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue314 cr318 cr371 cr
Total income317 cr322 cr371 cr
Expenses300 cr292 cr340 cr
Profit before tax18 cr30 cr32 cr
Tax2 cr7 cr8 cr
Net profit (owners' share)15 cr23 cr24 cr
Net margin (owners' share, on revenue)4.9%7.2%6.5%
EPS (₹)3.044.524.75
YoY (latest quarter): total income +25.7% · net profit -19.6%
Balance sheet & cash flow · as of Sep 2026
Moderate debt
Total assets
₹1,284 cr
Shareholder equity
₹686 cr
parent shareholders
Total debt
₹414 cr
Cash
₹33 cr
Cash flow · H1 FY27
Operating
₹9 cr
Investing
₹-63 cr
Financing
₹65 cr
Peer comparison
Auto Components & Equipments · by market value
CompanyPriceMarket capP/E
Samvardhana Motherson International Limited₹160₹1.69 L cr40.8
Bosch Limited₹49,645₹1.46 L cr51.8
Bharat Forge Limited₹1,777₹84,979 cr—
UNO Minda Limited₹1,125₹64,934 cr54.9
Sona BLW Precision Forgings Limited₹900₹56,172 cr62.8
Schaeffler India Limited₹3,525₹55,091 cr39.5
Tube Investments of India Limited₹2,190₹42,398 cr62.9
Endurance Technologies Limited₹2,410₹33,898 cr34.7
Exide Industries Limited₹346₹29,431 cr21.0
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.46%
trailing 12 months
Dividend / share (TTM)
₹2
Last dividend
₹2
ex 17 Jul 2026
ActionDetailEx-date
Dividend₹2 / share17 Jul 2026
Dividend₹2 / share6 Aug 2025
Dividend₹2 / share23 Jul 2024
Dividend₹2 / share27 Jul 2023
Dividend₹2 / share13 Jun 2022
Stock splitStock Split From Rs.10/- to Rs.2/-15 Mar 2022
Who owns it · 2026-09-30
No pledge
Promoter
65.2%
FII / Foreign
1.3%
DII / Domestic
7.7%
Retail / others
25.7%
Promoter stake up 0.1% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtRAJRATAN INVESTMENTS PRIVATE LIMITED · Promoter Group33,325 · ₹1.5 cr5 Feb 26
BoughtSunil Chordia · -20,000 · ₹1.2 cr12 Mar 24
BoughtSunil Chordia · -20,000 · ₹1.2 cr12 Mar 24
Bulk / block deals
SoldALPHAGREP SECURITIES PRIVATE LIMITED · NSE2.65 L @ ₹464.33 Nov 25
BoughtALPHAGREP SECURITIES PRIVATE LIMITED · NSE2.65 L @ ₹464.513 Nov 25
BoughtKISHAN GOPAL MOHTA · NSE2.84 L @ ₹341.5611 Sep 25
Stake changes
BoughtRAJRATAN INVESTMENTS PRIVATE LIMITED · promoter→ 18.50% · 33,3256 Feb 26
BoughtMr. Sunil Chordia · promoter→ 1.04% · 20,00013 Mar 24
BoughtShubhika Akash Parakh · promoter→ 2.48% · 10.00 L15 May 23
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 2 Jan 2026
See the official result
1
APPROVAL OF ALTERATION OF THE OBJECT CLAUSE OF THE MEMORANDUM OF ASSOCIATION OF THE COMPANY
Backed by 100% of shareholders other than promotersneeded 75%
41.84 L votes for, 1,745 against · 10% of mutual funds and other big investors said no
2
APPROVAL OF ALTERATION OF THE ARTICLE OF ASSOCIATION OF THE COMPANY
Backed by 100% of shareholders other than promotersneeded 75%
41.84 L votes for, 1,745 against · 10% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 10 named members
owning 65.2% between them · as of 2026-09-30
RAJRATAN INVESTMENTS LIMITED18.50%
SANGITA SUNIL CHORDIA13.11%
SUNIL CHORDIA11.28%
RAJRATAN RESOURCES PVT LTD.8.99%
Yashovardhan Chordia4.35%
SUNIL KUMAR CHANDAN MAL HUF4.14%
SHUBHIKA AKASH PARAKH2.48%
MOHINI CHORDIA1.09%
Business done with them
FY2025 · 4 of the group
The company paid ₹70 cr to companies in the promoter group last year — about 7.5% of its ₹935 cr revenue.
RAJRATAN INVESTMENTS PRIVATE LIMITED
Contribution made to them · Interest paid , Loan Received & Loan Repaid
also owns 18.50% of the company
₹63 cr
company paid
RAJRATAN RESOURCES PRIVATE LIMITED
Contribution made to them · Interest paid , Loan Received & Loan Repaid
also owns 8.99% of the company
₹4 cr
company paid
SUNIL CHORDIA
Other payments to them · Remuneration , Interest paid , Loan Received & Loan Repaid
also owns 12.32% of the company
₹1 cr
company paid
YASHOVARDHAN CHORDIA
Other payments to them · Remuneration
also owns 4.35% of the company
₹97 L
company paid

The company also transacted with 10 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.