Rajratan Global Wire FY26 Results: Revenue Grows 24%, Dividend Rs 2
Rajratan Global Wire reported FY26 consolidated revenue of Rs 1,156.50 crores, up 24% YoY, with net profit increasing 19% to Rs 70.11 crores. Q4FY26 revenue grew 25% to Rs 314.29 crores, though EBITDA margins contracted due to higher input costs. The Board recommended a final dividend of Rs 2 per share (100%) subject to shareholder approval.

*this image is generated using AI for illustrative purposes only.
Rajratan Global Wire has announced its audited financial results for the year ended March 31, 2026, reporting strong revenue growth alongside margin pressures. The Board of Directors, in its meeting held on April 21, 2026, approved the financial results and recommended a final dividend of Rs 2 per equity share (100%) subject to shareholder approval at the upcoming Annual General Meeting.
Financial Performance Overview
The company's consolidated performance for FY26 demonstrates robust top-line expansion with profitability pressures:
| Metric: | FY26 | FY25 | Change (%) |
|---|---|---|---|
| Revenue: | Rs 1,156.50 crores | Rs 935.25 crores | +24% |
| Sales Volume: | 133,615 MT | 113,233 MT | +18% |
| Net Profit: | Rs 70.11 crores | Rs 58.80 crores | +19% |
| EBITDA Margin: | 12.10% | 13.60% | -150 bps |
For Q4FY26 specifically, revenue stood at Rs 314.29 crores compared to Rs 251.42 crores in the previous year, representing a 25% increase. Net profit for the quarter was Rs 15.43 crores, up 2% year-on-year, while EBITDA declined 14% to Rs 28.60 crores with margins contracting to 9.10% from 13.26%.
Geographic Revenue Breakdown
The company's segment revenue for FY26 shows diversified geographic presence:
| Region: | FY26 Revenue (Rs in Lakhs) | FY25 Revenue (Rs in Lakhs) | Growth (%) |
|---|---|---|---|
| Within India: | 63,611 | 57,566 | +11% |
| Within Thailand: | 28,676 | 23,296 | +23% |
| Within USA: | 11,772 | 2,293 | +413% |
| Rest of the World: | 11,591 | 10,370 | +12% |
Management Commentary and Operational Highlights
Chairman and Managing Director Sunil Chordia explained the divergent performance trends, stating that while the company reported a 19% increase in sales tonnage in Q4, EBITDA declined 14% due to a 20% increase in wire rod costs and higher energy expenses following geopolitical tensions. The company absorbed material inflation during the quarter and implemented price increases from April 1, 2026.
The Chennai facility achieved 30,000 TPA capacity in Phase 1, with potential to reach 60,000 TPA. Combined with existing facilities, Rajratan maintains 72,000 TPA capacity in Pithampur, India and 60,000 TPA in Thailand.
Auditor Report and Dividend Declaration
Statutory auditors M/s Fadnis and Gupte LLP issued an unmodified opinion on the audited annual financial results for the year ended March 31, 2026. The Board has recommended a final dividend of Rs 2 per equity share (100%) for the financial year 2025-26, subject to approval by members at the ensuing Annual General Meeting. The date of the AGM and dividend payment date will be informed in due course.
Historical Stock Returns for Rajratan Global Wire
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.80% | +8.46% | +18.43% | +14.98% | +35.00% | +166.06% |
How will the price increases implemented from April 1, 2026 impact customer retention and competitive positioning in key markets?
What is the timeline for Chennai facility's Phase 2 expansion to reach full 60,000 TPA capacity and its expected impact on margins?
Will ongoing geopolitical tensions continue to pressure energy costs and wire rod pricing in the coming quarters?


































