Rajratan Global Wire Limited's wholly owned subsidiary, Rajratan Thai Wire Co. Limited, has acquired land and a building in Thailand, as intimated to the stock exchanges on 15th May, 2026, under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The acquisition is located in proximity to the subsidiary's existing manufacturing facilities in Thailand and is stated to be in alignment with the company's long-term expansion strategy.

Acquisition Details

The following table summarises the key details of the acquisition made by Rajratan Thai Wire Co. Limited:

Strategic Context

The acquired property—comprising land admeasuring 2.42124 acres and a building admeasuring 3,053.5 square metres—is situated at 155/29 Moo 4, Petkaseam Road, Tambol Chetsamian, Amphur Potharam, Ratchaburi 70120, Thailand. The location is noted to be in proximity to the subsidiary's existing manufacturing facilities. According to the company's regulatory filing, the acquisition is in line with its long-term expansion strategy and is expected to strengthen and augment its operational capabilities.

Regulatory Disclosure

The intimation was filed by Rajratan Global Wire Limited pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was signed by Shubham Jain, Company Secretary & Compliance Officer, on 15th May, 2026. The company's registered office is located at Rajratan House, 11/2, Meera Path, Dhenu Market, Indore-452003, Madhya Pradesh, India.

Rajratan Global Wire Limited has released the official transcript of its earnings conference call for the quarter and financial year ended 31st March 2026. The call, conducted on 22nd April 2026, was hosted by 360 One Capital Markets and attended by key management personnel including Chairman and Managing Director Sunil Chordia, CEO and Deputy Managing Director Yashovardhan Chordia, and CFOs from both India and Thailand operations.

Record Sales Performance Despite Challenges

The company achieved significant milestones during FY26, recording its highest ever sales tonnage across all operations. Management highlighted strong volume growth momentum despite global geopolitical uncertainties affecting supply chains worldwide.

Margin Pressures from Raw Material Costs

The fourth quarter presented challenges with EBITDA margins coming under pressure due to sudden increases in steel prices. Chairman Sunil Chordia explained that steel prices rose by approximately INR10,000 per ton from January to March 2026, which the company could not immediately pass on to customers during that period.

"There was a sudden increase in steel prices beginning from January. So from January till March, the prices went up by almost INR10,000 a ton, which we could not pass on to the customer. That is why the EBITDA percentage in this quarter has gone down," Chordia stated during the call.

The management confirmed that price increases have been successfully passed on to customers in the current quarter, with expectations of margin recovery to the targeted 13.5% to 14% EBITDA range.

Capacity Expansion and Growth Projections

The company outlined its expansion plans across multiple facilities, with significant capacity additions planned for the Chennai plant and new product development initiatives.

Chennai Plant Expansion

Steel Cord Project Development

The company is developing a new steel cord manufacturing facility for conveyor belt applications, representing diversification into niche markets.

Export Business Expansion

The company demonstrated strong export growth momentum, with management highlighting robust demand across multiple geographies despite shipping disruptions.

CEO Yashovardhan Chordia noted that while geopolitical issues have caused shipping disruptions, particularly from the Thailand plant, overall export market development remains robust with multiple European companies having approved the company for regular supplies.

Financial Guidance and Outlook

Management provided comprehensive guidance for the upcoming financial year, projecting continued growth momentum across all operational parameters.

Volume Growth Projections FY27

• Overall Consolidated Growth: 17%-18%
• Total Sales Target: Approximately 155,000 tons
• Thailand Growth: 10%-14% (capacity constraints)
• India Growth: Higher percentage to compensate for Thailand limitations

The management expressed confidence in maintaining EBITDA margins between 13.5% to 14% on a consolidated basis, assuming normal market conditions without major global disruptions.

Operational Highlights

The company operates across three key locations with varying capacity utilization levels and strategic focus areas.

Chairman Sunil Chordia emphasized the company's resilience in navigating challenging market conditions while maintaining its leadership position in the bead wire segment. The management team expressed optimism about continued growth prospects, citing strong customer relationships built over 30 years and robust demand pipelines across all major markets.