Rajratan Global Wire (517522) Q4 99/00 earnings summary
Event summary combining transcript, slides, and related documents.
Q4 99/00 earnings summary
27 Oct, 2026Executive summary
FY 1999-2000 turnover rose 27% to Rs 4,465 lakh; production and sales increased 36% and 33%, respectively, while PBT grew 56% to Rs 182.80 lakh.
Increased tyre-industry offtake supported bead-wire capacity expansion; further bead-wire capacity growth and a steel cord and hose wire project were planned.
Financial highlights
Sales of steel wires were Rs 44,65,32,623, versus Rs 35,10,90,259 in FY 1998-99; total income was Rs 44,83,85,136.
PBT was Rs 182.80 lakh versus Rs 116.95 lakh; profit after tax was Rs 162.30 lakh versus Rs 92.42 lakh.
Proposed dividend was 10% (Rs 1 per share); Rs 130 lakh was transferred to general reserve.
Outlook and guidance
Tyre bead-wire capacity was planned to rise from 9,000 MT to 14,400 MT per annum in response to increased offtake.
Steel cord and hose wire project work was expected to begin shortly, with commissioning targeted by December 2001; the project was to be partly financed through a preferential share issue.
Latest events from Rajratan Global Wire
- Revenue and PBT advanced as exports surged and capacity expansion continued.517522
Q4 01/02 - Sales and PBT rose as tyre bead capacity expanded to 14,400 MT.517522
Q4 00/01 - FY99 profits and exports climbed as collaboration and capacity expansion advanced.517522
Q4 98/99 - Growth and export gains advanced, while steel costs squeezed profit growth.517522
Q4 02/03 - Expanded capacity drove stronger sales and profit amid volatile steel costs.517522
Q4 03/04 - Higher interest and a larger net loss outweighed growth in operating income.517522
Q4 97/98 - Record FY05 growth and export progress underpin expansion to 30,000 MT/year.517522
Q4 04/05 - FY06 profit rose 31% as bead wire capacity expanded amid steel-price risk.517522
Q4 05/06 - Profit fell as raw-material costs squeezed margins; bead wire and Thailand capacity anchor growth plans.517522
Q4 06/07