Rajratan Global Wire LimitedQ2 FY27 Results & Financial Update

Rajratan Global Wire Limited: Q2 FY27 consolidated results and company financials – revenue ₹370.83 Cr, PAT ₹24.14 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.

NSE: RAJRATANPublished 21 Oct 2026Updated 21 Oct 2026~6 min read
Quarter at a glanceCurrent reported figures.Change figures appear when a comparable reported period is available.
Revenue from operations₹370.83 CrReported Q2 FY27
Profit after tax₹24.14 CrReported Q2 FY27
Sequential change+5.1%Quarter-on-quarter

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Quarterly Results AnalysisExplore Rajratan Global Wire Q2 FY27 quarterly results and earnings: revenue, profit (PAT), EBITDA, margins, YoY and QoQ growth, order book or business updates where reported, financial performance and management commentary. Reported figures and Nivata calculations are shown separately; no buy, sell or hold recommendation is provided.

Quarter overview

Quarterly earnings analysis

01

Rajratan Global Wire Limited reported consolidated revenue from operations of INR 370.83 crore for the quarter ended September 30, 2026, marking a 16.49% expansion compared to INR 318.35 crore in the previous quarter ended June 30, 2026.

02

Total consolidated income for Q2 FY27 stood at INR 371.49 crore, compared to INR 321.75 crore recorded in the preceding quarter.

03

Profit before tax (PBT) for the quarter rose to INR 31.84 crore, advancing 5.61% sequentially from INR 30.15 crore in Q1 FY27.

04

Consolidated net profit after tax (PAT) for the current quarter reached INR 24.14 crore, reflecting a 5.14% increase over the INR 22.96 crore posted in the June 2026 quarter.

05

Basic earnings per share (EPS) for the quarter stood at INR 4.75, compared to INR 4.52 in the preceding quarter, moving in line with the sequential growth in bottom-line profitability.

06

Operating margins experienced minor compression as top-line expansion outpaced the proportionate growth in absolute profits, with the PAT margin registering at 6.51% for Q2 FY27 compared to 7.21% in Q1 FY27.

07

Total income for Q2 FY27 stood at INR 371.49 crore, expanding from INR 321.75 crore in Q1 FY27.

01 · Business model

What does Rajratan Global Wire do?

Rajratan Global Wire Limited operates as a specialized manufacturer of high-carbon steel wire products, holding a dominant market position in the production of bead wire used extensively in the automotive tyre industry.

The company's primary product portfolio centers around high-quality tyre bead wire, high-carbon spring steel wire, and allied specialized wires supplied to major domestic and international tyre manufacturers.

Operating through consolidated manufacturing facilities, the company caters to rigorous global quality standards required by automotive component supply chains across various domestic and export geographies.

02 · Financial snapshot

Current quarter vs the available comparable

MetricQ2 FY27Previous quarter
Revenue from operations₹370.83 Cr₹318.35 Cr
Total income₹371.49 Cr₹321.75 Cr
Profit before tax₹31.84 Cr₹30.15 Cr
Profit after tax₹24.14 Cr₹22.96 Cr
EPS₹4.75₹4.52

Financial interpretation

What the reported numbers mean

Profit conversion

Profit after tax represented 6.5% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.

Pre-tax earnings

Profit before tax was equivalent to 8.6% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.

Operating revenue versus total income

Total income exceeded operating revenue by ₹0.66 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.

Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.

03 · Why it moved

Why the quarter looked the way it did

What drove revenue

Sequential Top-Line Growth

Revenue from operations advanced to INR 370.83 crore in Q2 FY27 from INR 318.35 crore in Q1 FY27, reflecting higher sequential business activity.

Sequential Top-Line Growth

Revenue from operations expanded by 16.49% sequentially to INR 370.83 crore in Q2 FY27 from INR 318.35 crore in Q1 FY27.

What drove margins

Tax and Financing Expenses

The company incurred finance costs of INR 7.00 crore and tax expenses of INR 7.70 crore during the quarter, influencing the net conversion from operating earnings to PAT.

Depreciation and Provisions

Depreciation and amortisation expenses were recorded at INR 7.61 crore, while provisions stood at INR 3.43 crore for the September 2026 quarter.

Profitability and Margins

PAT margin registered at 6.51% for Q2 FY27, reflecting a contraction of approximately 70 basis points compared to 7.21% in Q1 FY27.

04 · Reported developments

What changed operationally

Sequential Revenue and Profit Expansion

The company delivered positive quarter-on-quarter growth across key financial lines, with revenue rising by 16.49% and PAT increasing by 5.14%.

Sequential Revenue and Profit Expansion

The company achieved double-digit sequential revenue growth of 16.49% alongside a 5.14% increase in net profit quarter-on-quarter.

05 · Items worth noticing

The line items that can distort a quick read

Other Income Contribution

Other income for the quarter was reported at INR 0.66 crore, scaling down from INR 3.40 crore in the previous quarter.

Provisions and Other Income

The company reported provisions of INR 3.43 crore and other income of INR 0.66 crore during the quarter.

06 · Previous-quarter changes

What changed since the previous quarter

Sequential Comparison Base

Compared against the preceding quarter ended June 30, 2026, where revenue stood at INR 318.35 crore and PAT at INR 22.96 crore.

Sequential Financial Comparison

Compared to Q1 FY27, revenue increased from INR 318.35 crore to INR 370.83 crore, and net profit grew from INR 22.96 crore to INR 24.14 crore.

07 · Key Q&A

The quarter, answered directly

What does Rajratan Global Wire do?

Rajratan Global Wire Limited operates as a specialized manufacturer of high-carbon steel wire products, holding a dominant market position in the production of bead wire used extensively in the automotive tyre industry.

What is the clearest takeaway from Q2 FY27?

Rajratan Global Wire Limited reported consolidated revenue from operations of INR 370.83 crore for the quarter ended September 30, 2026, marking a 16.49% expansion compared to INR 318.35 crore in the previous quarter ended June 30, 2026.

What drove revenue or demand?

Revenue from operations advanced to INR 370.83 crore in Q2 FY27 from INR 318.35 crore in Q1 FY27, reflecting higher sequential business activity.

What mattered most for margins or profitability?

The company incurred finance costs of INR 7.00 crore and tax expenses of INR 7.70 crore during the quarter, influencing the net conversion from operating earnings to PAT.

What should the next disclosure help confirm?

Monitor subsequent quarterly filings for sustained revenue momentum and margin trends.

08 · Scenario calculator

Earnings sensitivity: what if growth and margins change?

Starting point

Build your own next-quarter scenario

Reported values are prefilled where a comparable basis is available. Otherwise, the field starts at 0. You can overwrite every field.

Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.

Scenario output
Scenario revenue / income₹0 cr
Scenario profit after tax₹0 cr
Profit change vs base₹0 cr (0%)
Scenario margin0%
Growth needed to keep profit flat after this margin move0%

The calculator holds the selected margin basis constant except for the basis-point adjustment you enter. It does not estimate tax, finance cost, dilution, working capital, valuation or share price.

09 · Next filing checkpoints

What the next disclosure can confirm or change

  1. 01

    Upcoming Financial Disclosures: Monitor subsequent quarterly filings for sustained revenue momentum and margin trends.

  2. 02

    Subsequent Financial Performance: Monitor upcoming quarterly disclosures to observe margin trajectories and operating leverage trends.

Learn the metrics

Need the concepts first?

Use Nivata’s plain-English guides to understand the accounting terms used in this brief before interpreting them.

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