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Rajratan Global Wire share price

Rajratan Global Wire Ltd.

NSE: RAJRATAN BSE: 517522 SECTOR: Auto Ancillary  113k   833   122

639.00
-9.80 (-1.51%)
NSE: 24 Apr 04:11 PM

Price Summary

Today's High

₹ 655.2

Today's Low

₹ 636

52 Week High

₹ 882

52 Week Low

₹ 578.5

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

3244.27 Cr.

Enterprise Value

3351.41 Cr.

No. of Shares

5.08 Cr.

P/E

58.1

P/B

9.33

Face Value

₹ 2

Div. Yield

0.31 %

Book Value (TTM)

₹  68.51

CASH

10 Cr.

DEBT

117.14 Cr.

Promoter Holding

65.14 %

EPS (TTM)

₹  11

Sales Growth

13.44%

ROE

26.09 %

ROCE

29.6%

Profit Growth

3.13 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year13.44%
3 Year28.87%
5 Year22.91%

Profit Growth

1 Year3.13%
3 Year45.31%
5 Year51.8%

ROE%

1 Year26.09%
3 Year27.05%
5 Year22.91%

ROCE %

1 Year29.6%
3 Year28.97%
5 Year24.96%

Debt/Equity

0.3878

Price to Cash Flow

30.82

Interest Cover Ratio

8.02911208151383

CFO/PAT (5 Yr. Avg.)

1.30136923570087

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 65.14 0
Dec 2023 65.1 0
Sep 2023 65.1 0
Jun 2023 65.1 0
Mar 2023 65.1 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 45.3128128769588% for the Past 3 years.
  • The company has shown a good revenue growth of 28.8704857189939% for the Past 3 years.
  • Company has been maintaining healthy ROE of 27.0537575433778% over the past 3 years.
  • Company has been maintaining healthy ROCE of 28.9659243194953% over the past 3 years.
  • Company has a healthy Interest coverage ratio of 8.02911208151383.
  • The company has an efficient Cash Conversion Cycle of 22.4150431179399 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.30136923570087.
  • The company has a high promoter holding of 65.14%.

 Limitations

  • Company has contingent liabilities of 94.86 Cr.
  • The company is trading at a high PE of 58.1.
  • The company is trading at a high EV/EBITDA of 33.9961.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 161.14 140.82 138.43 137.69 139.52
Total Expenditure 131.95 116.77 112.74 115.71 113.46
Operating Profit 29.19 24.05 25.69 21.98 26.06
Other Income 0.41 0.22 0.3 0.36 0.42
Interest 3.22 4.36 3.72 3.73 3.23
Depreciation 2.62 2.35 2.34 2.26 2.16
Exceptional Items 0 0 0 0 0
Profit Before Tax 23.76 17.56 19.93 16.35 21.09
Tax 6.37 4.53 5.15 4.18 5.23
Profit After Tax 17.39 13.03 14.78 12.17 15.86
Adjusted EPS (Rs) 3.43 2.57 2.91 2.4 3.13

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 314.56 286.14 337.45 539.87 612.41
Total Expenditure 280.58 240.49 274.86 431.04 494.4
Operating Profit 33.98 45.65 62.59 108.83 118.01
Other Income 2.24 1.63 0.61 1.22 2.07
Interest 8.12 9.14 9.08 11.94 13.74
Depreciation 3.91 5.35 6.66 8.12 9.76
Exceptional Items 0 0 0 0 0
Profit Before Tax 24.19 32.79 47.46 89.99 96.58
Tax 5.5 9.69 10.49 21.26 25.7
Net Profit 18.69 23.1 36.97 68.73 70.88
Adjusted EPS (Rs.) 3.68 4.55 7.28 13.54 13.97

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 4.35 10.15 10.15 10.15 10.15
Total Reserves 124.38 137.66 174.53 235.28 296.02
Borrowings 30.74 44.35 51.76 41.72 67.49
Other N/C liabilities 8.65 11.33 10.58 9.67 12.19
Current liabilities 82.53 74.91 88.39 135.9 158.24
Total Liabilities 250.65 278.4 335.41 432.72 544.09
Assets
Net Block 78.32 116.12 127.45 167.15 184.94
Capital WIP 19.17 9.83 7.29 16.97 100.68
Intangible WIP 0.03 0.14 0.14 0 0
Investments 38.38 38.38 50.69 50.69 50.69
Loans & Advances 14.29 11.98 3.25 14.29 14.93
Other N/C Assets 0 0 0 0 0
Current Assets 100.46 101.95 146.59 183.62 192.85
Total Assets 250.65 278.4 335.41 432.72 544.09
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 24.19 32.79 47.46 89.99 96.58
Adjustment 11.88 13.88 15.17 19.33 21.6
Changes in Assets & Liabilities -0.78 -6.18 -19.49 -3.77 10
Tax Paid -5.8 -7.66 -11.34 -20.77 -22.9
Operating Cash Flow 29.49 32.83 31.8 84.78 105.28
Investing Cash Flow -48.05 -33.83 -27.93 -68.88 -113.99
Financing Cash Flow 19.34 0.97 -1.66 -18.08 8.69
Net Cash Flow 0.78 -0.03 2.21 -2.18 -0.02

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 65.10 65.10 65.10 65.10 65.14
mohini chordia 1.09 1.09 1.09 1.09 1.09
rajratan investments pvt ... - - - - 18.44
rajratan resources pvt lt... 8.99 8.99 8.99 8.99 8.99
sangita sunil chordia 0.23 0.23 0.23 0.23 0.23
sangita sunil chordia - - - - 13.11
shubhika akash parakh 0.51 2.48 2.48 2.48 2.48
sunil chordia 1.00 1.00 1.00 1.00 1.04
sunil chordia - - - - 11.28
sunil kumar chandan mal h... 4.14 4.14 4.14 4.14 4.14
yashovardhan chordia 6.32 4.35 4.35 4.35 4.35
rajratan investments li... 18.44 18.44 18.44 18.44 -
sangita chordia family tr... 13.11 13.11 13.11 13.11 -
sunil chordia family trus... 11.28 11.28 11.28 11.28 -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 34.90 34.90 34.90 34.90 34.86
d srimathi 1.19 1.19 1.19 1.19 1.19
investor education and pr... 0.54 0.54 0.52 - 0.54
karthik sundar 2.95 2.95 2.89 2.76 2.76
kishan gopal mohta 1.06 1.06 1.06 1.06 1.06
sbi small cap fund 7.62 7.62 7.62 7.62 7.59
investor education and pr... - - - 0.52 -
llp 0.07 0.06 0.07 0.11 -

Annual Reports

Ratings & Research Reports

Company Presentations

  • ConcallQ4FY23 1 May 2023
  • ConcallQ4FY22 28 Apr 2022
  • ConcallQ2FY24 30 Oct 2023
  • PresentationQ4FY24 24 Apr 2024
  • PresentationQ4FY23 1 May 2023
  • PresentationQ4FY22 28 Apr 2022
  • PresentationQ4FY21 26 Apr 2021
  • PresentationQ4FY20 19 Jun 2020
  • PresentationQ3FY24 23 Jan 2024
  • PresentationQ3FY22 27 Jan 2022
  • PresentationQ3FY21 12 Mar 2021
  • PresentationQ2FY24 25 Oct 2023
  • PresentationQ2FY22 25 Oct 2021
  • PresentationQ2FY21 24 Oct 2020
  • PresentationQ1FY24 24 Jul 2023
  • PresentationQ1FY23 26 Jul 2022
  • PresentationQ1FY22 23 Jul 2021
  • PresentationQ1FY21 23 Jul 2020

Company News

Rajratan Global Wire - Quaterly Results22 Apr 2024, 2:12PM Rajratan Global Wire - Quaterly Results22 Apr 2024, 2:12PM Rajratan Global Wire informs about analyst meet 22 Mar 2024, 5:13PM Rajratan Global Wire informs about credit rating12 Feb 2024, 5:25PM Rajratan Global Wire gets nod to incorporates wholly owned subsidiary in USA20 Jan 2024, 2:55PM Rajratan Global Wire - Quaterly Results20 Jan 2024, 1:48PM Rajratan Global Wire - Quaterly Results20 Jan 2024, 1:48PM Rajratan Global Wire - Quaterly Results20 Jan 2024, 1:48PM Rajratan Global Wire informs about transcript of conference call28 Oct 2023, 2:55PM Rajratan Global Wire - Quaterly Results21 Oct 2023, 2:11PM Rajratan Global Wire - Quaterly Results21 Oct 2023, 2:11PM Rajratan Global Wire - Quaterly Results21 Oct 2023, 2:11PM Rajratan Global Wire informs about loss of share certificate4 Oct 2023, 10:43AM Rajratan Global Wire informs about analyst meet16 Sep 2023, 2:26PM Rajratan Global Wire - Quaterly Results21 Jul 2023, 1:34PM Rajratan Global Wire - Quaterly Results21 Jul 2023, 1:34PM Rajratan Global Wire - Quaterly Results21 Jul 2023, 1:34PM Rajratan Global Wire informs about compliance certificate20 Jul 2023, 4:15PM Rajratan Global Wire informs about investor meeting 5 Jul 2023, 12:36PM Rajratan Global Wire informs about loss of share certificate22 Jun 2023, 12:24PM Rajratan Global Wire informs about audio link of conference call22 Apr 2023, 3:34PM Rajratan Global Wire - Quaterly Results21 Apr 2023, 1:51PM Rajratan Global Wire - Quaterly Results21 Apr 2023, 1:51PM Rajratan Global Wire - Quaterly Results21 Apr 2023, 1:51PM Rajratan Global Wire informs about disclosure24 Mar 2023, 2:37PM Rajratan Global Wire informs about disclosure20 Mar 2023, 2:51PM Rajratan Global Wire informs about disclosure 10 Mar 2023, 4:56PM Rajratan Global Wire informs about analyst meet 3 Mar 2023, 9:52AM Rajratan Global Wire informs about institutional investor meeting 21 Feb 2023, 9:42AM Rajratan Global Wire informs about analyst meet 3 Feb 2023, 10:55AM Rajratan Global Wire - Quaterly Results23 Jan 2023, 1:56PM Rajratan Global Wire - Quaterly Results23 Jan 2023, 1:56PM Rajratan Global Wire - Quaterly Results23 Jan 2023, 1:56PM Rajratan Global Wire informs about compliances-certificate 19 Jan 2023, 4:45PM Rajratan Global Wire informs about investors meeting 29 Dec 2022, 11:05AM Rajratan Global Wire receives government approval under PLI Scheme for specialty steel24 Dec 2022, 2:11PM Rajratan Global Wire informs about minutes of postal ballot3 Nov 2022, 3:05PM Rajratan Global Wire informs about analyst meet 3 Nov 2022, 10:02AM Rajratan Global Wire informs about transcript of earnings conference call27 Oct 2022, 4:21PM Rajratan Global Wire - Quaterly Results21 Oct 2022, 1:24PM Rajratan Global Wire - Quaterly Results21 Oct 2022, 1:24PM Rajratan Global Wire - Quaterly Results21 Oct 2022, 1:24PM Rajratan Global Wire informs about certificate21 Oct 2022, 9:52AM Rajratan Global Wire informs about certificate21 Oct 2022, 9:44AM Rajratan Global Wire informs about analyst meet 30 Sep 2022, 10:02AM Rajratan Global Wire informs about analyst meet 19 Sep 2022, 4:59PM Rajratan Global Wire informs about newspaper advertisement25 Jul 2022, 12:58PM Rajratan Global Wire - Quaterly Results21 Jul 2022, 12:50PM Rajratan Global Wire - Quaterly Results21 Jul 2022, 12:50PM Rajratan Global Wire - Quaterly Results21 Jul 2022, 12:50PM

Rajratan Global Wire Stock Price Analysis and Quick Research Report. Is Rajratan Global Wire an attractive stock to invest in?

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The Indian Auto Industry comes in the top 5 largest auto industries of the world. India is also a prominent auto exporter and has strong export growth expectations for the near future. The support from the government is providing the auto companies with a boost needed in their development. But will it sustain?
We can look into more details and dig a little deeper into the analysis of the stock of this sector. Let’s look at how Rajratan Global Wire is performing and if it is the right time to buy the stock of Rajratan Global Wire with detailed analysis.

  • The mainstream of revenue for Auto Sector is their sales, Rajratan Global Wire has reported decent sales growth of 13.4365680626818 % and in the latest quarter sales was Rs 139.52 Cr. To judge whether the company’s inventory is being sold or not and the sales picture is true, inventory turnover ratio plays a major role, which is 15.3232934205654 times for Rajratan Global Wire . It is managing its inventory poorly .
     
  • Rajratan Global Wire reported Profit growth of 3.128182744071 % over the year, where the latest year profit is Rs 70.88 Cr compared to the previous year of Rs 68.73 Cr. The new permits by governments and increasing demand will lead to an increase in profits in the coming year.
     
  • The operating profit of Rajratan Global Wire in the latest quarter is Rs 26.06 Cr. It helps in measuring the company’s operating performance which is used to make financing decisions.
     
  • Rajratan Global Wire has a healthy ROE of 26.0895170789164 %. The ROE is an important financial parameter because Auto companies work with high equity investments. Also, they have to take huge debt to incur the research and manufacturing work so their Debt to Equity ratio should be evaluated. Rajratan Global Wire has a low Debt to Equity ratio of 0.3878.
     
  • Rajratan Global Wire pays a dividend of 2 Rs per share. It tells us that a company likes to share profits with its shareholders. The dividend yield is low at 0.3129 %.
     
  • The share of promoter in Rajratan Global Wire is high at 65.14 %, where the pledging is 0 %.
     
  • What the market is willing to pay for the company for its earnings can be determined by PE multiple. Current PE of Rajratan Global Wire is 58.0993599068956 compared to the 5 year average PE of 27.3744693763574 .
     
  • Share Price: - The current share price of Rajratan Global Wire is Rs 639. One can use valuation calculators of ticker to know if Rajratan Global Wire share price is undervalued or overvalued.
Last Updated on:
Brief about Rajratan Global Wire

Rajratan Global Wire Ltd. Financials: Check Share Price, Balance Sheet, Annual Report, Quarterly Results, Shareholding, Company Profile and News for Company Analysis

Rajratan Global Wire Ltd is a leading company in the wire industry, specializing in the manufacturing and distribution of high-quality wires and cables. With years of experience, the company has earned a strong reputation for its commitment to innovation, quality, and customer satisfaction. Rajratan Global Wire Ltd operates globally, catering to both domestic and international markets.

Rajratan Global Wire Ltd - Share Price

Stay up-to-date with the latest share prices of Rajratan Global Wire Ltd on our website. Our pre-built screening tools provide real-time updates on the stock's performance, allowing long-term investors to make informed decisions based on accurate data.

Rajratan Global Wire Ltd - Balance Sheet

Access the latest balance sheet of Rajratan Global Wire Ltd on our website. Our premium features include tools such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis, enabling investors to calculate the fair value of the stock. With these tools, investors can gain deeper insights into the company's financial health and make well-informed investment choices.

Rajratan Global Wire Ltd - Annual Report

Download the annual report of Rajratan Global Wire Ltd from our website. The annual report provides a comprehensive overview of the company's performance, including financial statements, management discussions, and analysis. Long-term investors can leverage this detailed information to evaluate the company and understand its future prospects better.

Rajratan Global Wire Ltd - Dividend

Stay updated on the dividend announcements of Rajratan Global Wire Ltd. Our website provides timely information on dividend payouts, helping investors plan their investment strategy accordingly. The dividend history of the company can be accessed for a better understanding of its dividend policy.

Rajratan Global Wire Ltd - Quarterly Result

Gain insights into the quarterly performance of Rajratan Global Wire Ltd by accessing our website. The quarterly result section presents the company's financial performance over specific periods, allowing investors to gauge its ongoing progress. Our premium features enable fair value calculations for a more comprehensive analysis.

Rajratan Global Wire Ltd - Stock Price

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Rajratan Global Wire Ltd - Price Chart

Our website provides detailed price charts of Rajratan Global Wire Ltd, enabling investors to analyze historical data and identify trends. The user-friendly interface allows investors to customize the charts according to their preferences, making it easier to track the stock's performance over time.

Rajratan Global Wire Ltd - News

Stay updated with the latest news and developments related to Rajratan Global Wire Ltd. Our website provides curated news articles that give investors comprehensive insights into the company's operations, expansions, collaborations, and industry trends.

Rajratan Global Wire Ltd - Concall Transcripts

For a more in-depth understanding of the company's performance, access the concall transcripts of Rajratan Global Wire Ltd on our website. These transcripts provide detailed records of management discussions during conference calls, highlighting key insights and future prospects. Long-term investors can leverage this information to evaluate the company's strategies and make informed investment decisions.

Rajratan Global Wire Ltd - Investor Presentations

Access the investor presentations of Rajratan Global Wire Ltd on our website. These presentations provide a glimpse into the company's vision, growth plans, and future strategies. Investors can gain valuable insights into the company's value proposition and potential avenues for growth.

Rajratan Global Wire Ltd - Promoters

The promoters of Rajratan Global Wire Ltd play a vital role in the company's success and growth. Our website provides detailed information about the promoters, their background, and their contributions to the company. Understanding the promoters' expertise and involvement can provide valuable insights for long-term stock investors.

Rajratan Global Wire Ltd - Shareholders

Stay informed about the major shareholders of Rajratan Global Wire Ltd. Our website provides comprehensive details about institutional investors, mutual funds, and other major shareholders. This information can be a useful indicator of market sentiment and investor confidence in the company.

Remember, all the downloadable resources such as annual reports, concall transcripts, investor presentations, credit ratings, and research reports are available on our website to facilitate a comprehensive stock analysis for long-term investors.

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