RAJRATAN share price, P/E, ROE & financials

On 6 Nov 2026, Rajratan Global Wire was priced at ₹423.20, or 25.8× trailing earnings, against an industry P/E of 19.9×, and the shares are 25% below their 52-week high. Sales grew 8.9% a year over 3 years while net profit fell 11%, with ROCE of 14% and ROE of 13%. Debt is 0.60× equity, and its dividend yield is 0.5%. It is a small-cap company with a market cap of ₹2,149 Cr, ranked 43rd of 150 Steel companies by market cap; the shares fell 3.5% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year

Open: ₹431.30
Day high: ₹431.30
Day low: ₹418.75
Prev. close: ₹431.30
Volume: 35.6K

Health check

1 good · 2 fair · 3 to check

ReturnsBehind
−3.5% over a year, better than 1 of 7 peers.
Price tagPricier
P/E 25.8 vs industry 19.9.
GrowthSlow
Sales +8.9%, profit −11.2% a year over 3 years.
ProfitabilityAverage
ROCE 14.3% vs peer median 18.7%.
Balance sheetFair
Debt 0.60× equity, interest covered 5.5×.
Red flagsNone found
No warning signs in the headline numbers.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Steel

149 listed peers. Screen the industry

Small cap

₹2,149 Cr, #43 of 150 in its industry by size.

Defensive

Beta 0.37 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹1,305 Cr · profit ₹83 Cr

Market cap: ₹2,149 Cr; Small cap
P/E: 25.8; Industry 19.9
Price to book: 3.13; Peers 2.28
Dividend yield: 0.47%
ROE: 12.9%; Peers 23.4%
ROCE: 14.3%; Peers 18.7%
Debt to equity: 0.60; Debt ₹414 Cr
EPS (TTM): ₹16.40; Face value ₹2
OPM (TTM): 12.0%; Net margin 6.4%
Sales growth: +26.1%; Latest quarter vs a year ago
Profit growth: +17.3%; Latest quarter vs a year ago
Price to sales: 1.65; EV/EBITDA 16.1

Strengths

Quarterly sales up 26.1% on a year ago.
Positive operating cash flow in each of the last 4 years.

No obvious red flags in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Rajratan Global Wire

Rajratan Global Wire Limited engages in manufacturing and sale of tyre bead wires in India, Thailand, the United States, and internationally. It also offers high carbon steel wires that are used in construction, engineering, and automobile industries. The company was incorporated in 1988 and is based in Indore, India.

Headquarters: Indore
Employees: 737
Sector: Basic Materials
ISIN: INE451D01029
Website: rajratan.co.in

Price range

52 weeks

₹323.90₹563.95

Today

₹418.75₹431.30

Avg volume (3M): 1 L
1-year return: minus 3.5%
From 52-week high: minus 25.0%

Analyst consensus

5 analysts

No consensusMean target ₹556.00 31.4%

Target range, with today’s price

Low ₹463.00High ₹650.00

Today’s price ₹423.20 is below the lowest analyst target.

Consensus from Yahoo Finance. Not a recommendation.

Peers · Steel

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
JSWSTEELJSW Steel	1,357.10	plus 0.11%	3,31,265	11.7	12.2	18.7%	17.7%	0.62	3.6%	plus 14.7%
TATASTEELTata Steel	186.30	plus 2.36%	2,32,397	21.1	9.1	11.3%	15.2%	0.89	−1.6%	plus 1.5%
JINDALSTELJindal Steel	1,165.00	plus 1.31%	1,18,594	41.5	14.9	7.5%	15.9%	0.42	−13.1%	plus 6.4%
LLOYDSMELloyds Metals And Energy	1,785.50	minus 1.38%	1,00,482	19.1	18.8	19.4%	37.4%	1.23	71.3%	plus 37.4%
SAILSteel Authority of India	171.60	minus 0.41%	70,880	12.6	8.1	7.2%	12.9%	0.50	2.0%	plus 24.7%
NMDCNMDC	70.40	minus 0.01%	61,894	8.3	6.2	28.4%	30.0%	0.19	22.0%	minus 5.2%
APLAPOLLOAPL Apollo Tubes	2,185.30	minus 0.41%	60,677	46.3	32.7	28.0%	8.2%	0.17	12.6%	plus 23.3%
RAJRATANRajratan Global Wire	423.20	minus 1.88%	2,149	25.8	–	–	12.0%	0.60	–	minus 3.5%
Median of 7 peers	–	−0.01%	1,00,482	19.1	12.2	18.7%	15.9%	0.50	3.6%	14.7%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Dec 25	Mar 26	Jun 26	Sep 26
247	302	314	318	371
216	261	286	277	325
30.9	40.4	28.6	41.7	45.8
12.6%	13.4%	9.1%	13.1%	12.3%
1	0.5	2.8	3.4	0.7
7.4	7.2	6.1	7.5	7
6.8	7	7.5	7.5	7.6
17.8	26.7	17.7	30.2	31.8
24.2%	22.5%	13.0%	23.8%	24.2%
13.5	20.7	15.4	23	24.1
2.66	4.08	3.04	4.52	4.75

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +8.9%
Profit CAGR 3Y: −11.2%
EPS CAGR 3Y: −11.2%
ROE: 12.9%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
895	889	934	1,155
–	minus 0.6%	+5.1%	+23.6%
733	762	807	1,015
162	128	127	140
18.1%	14.4%	13.6%	12.1%
1	3.3	−3.4	2.3
14.6	19.6	23.6	25.5
18.1	17.7	23.1	28.2
−0.4	0.1	0.3	0.4
130	93.8	77.4	89.1
23.2%	23.4%	24.0%	21.3%
100	71.8	58.8	70.1
–	minus 28.3%	minus 18.2%	+19.3%
19.72	14.15	11.58	13.81

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
10.2	10.2	10.2	10.2
429	482	549	640
171	191	237	324
128	143	163	185
739	826	960	1,159
464	555	604	718
160	191	75.5	101
3.4	4	–	1.4
3.1	3.1	11.5	22.5
108	73.3	268	315
739	826	960	1,159

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
159	107	56.7	74.5
−167	−96.9	−56.7	−113
9.8	−9.7	8.1	49.7
2.3	0	8	11.4
−166	−120	−59.4	−106
−6.7	−13.8	−2.4	−31.2
−10.2	−10.2	−10.2	−10.2

Shareholding pattern

Source: NSE filings

65.2%

promoters

Promoters65.20%
Public34.80%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	65.20%	34.80%	0.00
30 Jun 2026	65.20%	34.80%	0.00
31 Mar 2026	65.20%	34.80%	plus 0.06
31 Dec 2025	65.14%	34.86%	0.00
30 Sep 2025	65.14%	34.86%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you