Rajratan Global Wire (517522) Q1 25/26 earnings summary

Executive summary

• Revenue grew 12% year-over-year in Q1 FY26, driven by a 9% increase in bead wire volumes and 8% total volume growth.

• EBITDA increased by 5% year-over-year, with consolidated EBITDA margin at 12.55%.

• Standalone EBITDA margin stood at 15.14%, with consolidated PAT margin at 5.48%.

• Indian market saw strong demand from the automobile sector, while Thailand faced increased competition.

• Unaudited standalone and consolidated financial results for the quarter ended June 30, 2025, were approved by the board and reviewed by statutory auditors.

Financial highlights

• Consolidated revenue for Q1 FY26 was ₹24,651 lakhs, up from ₹22,014 lakhs in Q1 FY25 (12% growth).

• EBITDA for Q1 FY26 was ₹3,094 lakhs, up 5% year-over-year.

• PAT for Q1 FY26 was ₹1,352 lakhs, down 11% year-over-year.

• Standalone revenue for Q1 FY26 was ₹15,838 lakhs, up from ₹14,063 lakhs in Q1 FY25.

• Total comprehensive income for the consolidated entity in Q1 FY26 was ₹2,382 lakhs, up from ₹1,294 lakhs in Q1 FY25.

Outlook and guidance

• Higher sales volumes and improved realisations expected as demand stabilises.

• Chennai plant utilisation targeted above 50%, with improved fixed cost absorption.

• Revenue boost anticipated from Chennai's 8% PLI scheme eligibility.

• Exports to US and Europe expected to rise, supported by trade shifts and new product approvals.

• Focus on logistics optimisation, employee training, and groundwork for Deming Award and Phase 2 expansion.