Audited Results for FY 26
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 21 Apr 2026, 06:47 PM IST · BSE ID: 47ff47fe-113d-4454-ad98-b06868555f69
View Original BSE Filing (PDF)
💡
In Simple Terms
Rajratan Global Wire posted strong full-year profits and will pay shareholders a dividend of Rs. 2 per share if approved.
🤖 AI Summary
- Consolidated revenue Rs. 1,15,650 Lakhs in FY26, up 23.6% YoY from Rs. 93,525 Lakhs in FY25
- Consolidated net profit Rs. 7,011 Lakhs in FY26 vs Rs. 5,880 Lakhs in FY25, growth of 19.2%
- Board recommended final dividend Rs. 2 per equity share for FY26, subject to shareholder approval
- Tyre bead wire segment drives revenue; geographic mix includes India Rs. 63,611 Lakhs, Thailand Rs. 28,676 Lakhs, USA Rs. 11,772 Lakhs
- Statutory auditors M/s Fadnis and Gupte LLP issued unqualified audit opinion on annual results
🔢 Key Numbers — exact figures from BSE filing, not rounded
Consolidated Revenue from Operations FY26
Rs. 1,15,650 Lakhs
23.6% increase YoY
Consolidated Net Profit FY26
Rs. 7,011 Lakhs
19.2% increase YoY
Standalone Revenue from Operations FY26
Rs. 72,150 Lakhs
22.0% increase YoY
Standalone Net Profit FY26
Rs. 4,478 Lakhs
-3.3% decrease YoY
Final Dividend per Share (recommended)
Rs. 2
Consolidated Total Equity
Rs. 65,044 Lakhs
16.3% increase YoY
Consolidated Current Borrowings
Rs. 19,457 Lakhs
58.9% increase YoY
Consolidated Trade Receivables
Rs. 25,535 Lakhs
39.9% increase YoY
Consolidated EPS (Basic & Diluted) FY26
Rs. 13.81
19.3% increase YoY
USA Segment Revenue FY26
Rs. 11,772 Lakhs
413% increase YoY (from Rs. 2,293 Lakhs)
🏢 How This Affects the Company
Revenue growth of 23.6% to Rs. 1,15,650 Lakhs consolidated demonstrates market traction in core tyre bead wire segment. Geographic diversification now includes meaningful USA presence at Rs. 11,772 Lakhs, expanding beyond traditional India-Thailand base.
Consolidated net profit increased 19.2% to Rs. 7,011 Lakhs. Standalone net profit Rs. 4,478 Lakhs. Consolidated total equity strengthened to Rs. 65,044 Lakhs from Rs. 55,898 Lakhs. Current borrowings increased to Rs. 19,457 Lakhs from Rs. 12,235 Lakhs, reflecting capital investment phase.
Capital work-in-progress increased to Rs. 8,813 Lakhs from Rs. 7,245 Lakhs, indicating ongoing capacity expansion. Non-current assets grew 18.9% to Rs. 72,794 Lakhs, supporting revenue growth trajectory.
Current borrowings jumped 58.9% YoY to Rs. 19,457 Lakhs, raising near-term debt servicing obligations. Trade receivables increased 39.9% to Rs. 25,535 Lakhs, indicating extended payment terms or working capital pressure. Debt-to-equity trending upward requires monitoring.
👥 What This Means For Shareholders
✅
Action Required
Shareholders must attend AGM to approve final dividend of Rs. 2 per equity share; record date and payment date to be announced separately.
👤
Who Is Affected
All equity shareholders holding shares as on record date are eligible for dividend. With paid-up capital of Rs. 1,015 Lakhs (507.5 lakh shares at Rs. 2 face value), total dividend payout will be Rs. 1,015 Lakhs if approved.
🔍
Management Signal
Dividend confirmation at 100% payout ratio signals confidence in cash generation despite heightened capex phase and rising debt levels.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
AGM approval date — confirm final dividend payment schedule and record date announcement within 30 days
Q1 FY27 results — validate if revenue growth sustains above Rs. 28,000 Lakhs quarterly consolidated
Capex completion — monitor capital work-in-progress drawdown and asset commissioning impact on capacity utilization
MEDIUM RISK
Current borrowings up 58.9% to Rs. 19,457 Lakhs. Trade receivables jumped 39.9% to Rs. 25,535 Lakhs. Debt-to-equity rising amid capex phase requires cash flow monitoring.
💡 Investor Takeaway
Rajratan delivered consolidated revenue growth of 23.6% to Rs. 1,15,650 Lakhs with net profit up 19.2% to Rs. 7,011 Lakhs in FY26. Board approved Rs. 2 per share final dividend. Rising debt to Rs. 19,457 Lakhs and trade receivables to Rs. 25,535 Lakhs warrant working capital monitoring.
⚖️ Strengths & Concerns
✅ Positives
- Revenue growth of 23.6% to Rs. 1,15,650 Lakhs and net profit growth of 19.2% to Rs. 7,011 Lakhs demonstrate profitable scaling.
- Geographic diversification with USA revenue at Rs. 11,772 Lakhs reducing dependence on India-Thailand markets and widening customer base.
⚠️ Concerns
- Current borrowings surged 58.9% to Rs. 19,457 Lakhs YoY, raising debt service risk as capital expenditure continues on capacity.
- Trade receivables jumped 39.9% to Rs. 25,535 Lakhs, indicating stretched working capital or extended customer payment terms risk.