Rajratan Global Wire Ltd
- Market Cap ₹ 3,783 Cr.
- Current Price ₹ 745
- High / Low ₹ 943 / 697
- Stock P/E 51.0
- Book Value ₹ 89.0
- Dividend Yield 0.27 %
- ROCE 27.0 %
- ROE 25.7 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 44.5% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.8%
- Company's working capital requirements have reduced from 62.2 days to 49.6 days
Cons
- Stock is trading at 8.32 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Steel Industry: Steel - Medium / Small
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
252 | 252 | 283 | 274 | 283 | 283 | 345 | 493 | 480 | 547 | 893 | 895 | 838 | |
228 | 232 | 259 | 249 | 241 | 242 | 311 | 440 | 412 | 454 | 711 | 733 | 707 | |
Operating Profit | 23 | 20 | 23 | 25 | 42 | 41 | 33 | 52 | 68 | 92 | 182 | 162 | 131 |
OPM % | 9% | 8% | 8% | 9% | 15% | 14% | 10% | 11% | 14% | 17% | 20% | 18% | 16% |
1 | 2 | 1 | 1 | 1 | 2 | 7 | 2 | 1 | 2 | 2 | 3 | 2 | |
Interest | 12 | 14 | 15 | 14 | 15 | 11 | 9 | 11 | 13 | 13 | 15 | 17 | 19 |
Depreciation | 6 | 7 | 8 | 7 | 7 | 7 | 8 | 9 | 12 | 14 | 16 | 18 | 18 |
Profit before tax | 6 | 1 | 1 | 5 | 21 | 25 | 23 | 34 | 44 | 66 | 153 | 130 | 96 |
Tax % | 46% | 344% | 259% | 65% | 23% | 26% | 27% | 22% | 24% | 20% | 19% | 23% | |
3 | -2 | -2 | 2 | 16 | 19 | 17 | 27 | 33 | 53 | 124 | 100 | 74 | |
EPS in Rs | 0.65 | -0.44 | -0.42 | 0.36 | 3.24 | 3.71 | 3.36 | 5.25 | 6.51 | 10.46 | 24.49 | 19.72 | 14.61 |
Dividend Payout % | 16% | -19% | -20% | 24% | 3% | 3% | 4% | 3% | 6% | 15% | 8% | 10% |
Compounded Sales Growth | |
---|---|
10 Years: | 14% |
5 Years: | 21% |
3 Years: | 23% |
TTM: | -11% |
Compounded Profit Growth | |
---|---|
10 Years: | 47% |
5 Years: | 45% |
3 Years: | 45% |
TTM: | -42% |
Stock Price CAGR | |
---|---|
10 Years: | 50% |
5 Years: | 64% |
3 Years: | 106% |
1 Year: | -20% |
Return on Equity | |
---|---|
10 Years: | 26% |
5 Years: | 29% |
3 Years: | 32% |
Last Year: | 26% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 10 | 10 | 10 | 10 | 10 |
Reserves | 51 | 49 | 46 | 47 | 63 | 92 | 111 | 138 | 163 | 216 | 331 | 429 | 442 |
121 | 118 | 113 | 122 | 99 | 94 | 97 | 137 | 146 | 142 | 137 | 171 | 224 | |
29 | 44 | 55 | 47 | 39 | 41 | 47 | 53 | 59 | 70 | 139 | 128 | 133 | |
Total Liabilities | 205 | 215 | 219 | 221 | 204 | 232 | 259 | 333 | 378 | 439 | 617 | 739 | 809 |
103 | 109 | 105 | 103 | 100 | 115 | 129 | 168 | 229 | 242 | 281 | 325 | 354 | |
CWIP | 4 | 1 | 0 | 1 | 6 | 2 | 6 | 32 | 10 | 9 | 30 | 140 | 159 |
Investments | 0 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
98 | 101 | 113 | 117 | 99 | 114 | 124 | 132 | 139 | 188 | 306 | 274 | 295 | |
Total Assets | 205 | 215 | 219 | 221 | 204 | 232 | 259 | 333 | 378 | 439 | 617 | 739 | 809 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
33 | 25 | 21 | 20 | 34 | 32 | 39 | 48 | 51 | 39 | 122 | 162 | |
-9 | -7 | 1 | -4 | -8 | -15 | -18 | -71 | -45 | -27 | -96 | -169 | |
-21 | -14 | -28 | -12 | -28 | -17 | -18 | 22 | -6 | -10 | -28 | 10 | |
Net Cash Flow | 2 | 4 | -6 | 4 | -3 | -0 | 3 | -2 | -0 | 3 | -2 | 2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 80 | 75 | 85 | 81 | 75 | 85 | 76 | 53 | 64 | 78 | 74 | 56 |
Inventory Days | 51 | 56 | 57 | 79 | 66 | 75 | 59 | 50 | 51 | 55 | 56 | 57 |
Days Payable | 35 | 50 | 82 | 68 | 59 | 70 | 61 | 40 | 50 | 53 | 77 | 63 |
Cash Conversion Cycle | 95 | 81 | 60 | 92 | 82 | 89 | 74 | 63 | 65 | 80 | 52 | 50 |
Working Capital Days | 75 | 64 | 63 | 72 | 63 | 88 | 74 | 52 | 59 | 77 | 60 | 50 |
ROCE % | 11% | 8% | 10% | 11% | 21% | 20% | 15% | 18% | 19% | 23% | 40% | 27% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
28 Oct - Transcript of the earnings conference call for the quarter and half year ended on 30th September, 2023
- Announcement under Regulation 30 (LODR)-Newspaper Publication 26 Oct
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
23 Oct - Audio Recording of Conference Call held on 23rd October 2023
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
23 Oct - Audio Recording of Conference Call held on 23rd October 2023
- Announcement under Regulation 30 (LODR)-Investor Presentation 21 Oct
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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Oct 2023Transcript PPT
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Jul 2023TranscriptNotesPPT
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Apr 2023Transcript PPT REC
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Jan 2023TranscriptNotesPPT
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Oct 2022Transcript PPT
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Jul 2022TranscriptNotesPPT
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Apr 2022Transcript PPT
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Jan 2022TranscriptNotesPPT
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Oct 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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Jul 2021TranscriptNotesPPT
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Apr 2021TranscriptNotesPPT
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Jan 2021TranscriptNotesPPT
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Oct 2020TranscriptNotesPPT
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Jul 2020TranscriptNotesPPT
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Jun 2020TranscriptNotesPPT
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Feb 2020TranscriptNotesPPT
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Oct 2019TranscriptNotesPPT
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Jul 2019TranscriptNotesPPT
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May 2019TranscriptNotesPPT
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Jan 2019TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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Jul 2018TranscriptNotesPPT
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Feb 2017TranscriptNotesPPT
Product Offerings
Tyre Bead wire: Used in all kinds of automobile tyres, tyres of earth-moving equipment, and aircraft. It prevents vibration during driving and is required for the safety, strength, and durability of tyres. [1]
High Carbon steel wire: Used in automobile, construction, and engineering industries. It is also known as a black wire.[2]