Conference Call with Rajratan Global Wire Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Auto Parts & Equipment company Rajratan Global Wire announced Q4FY25 results Operating Revenue: Rs 25,142 lakh compared to Rs 23,957 lakh during Q4FY24. EBITDA: Rs 3,333 lakh compared to Rs 3,441 lakh during Q4FY24. PAT: Rs 1,520 lakh compared to Rs 2,025 lakh during Q4FY24. Sunil Chordia, Chairman, Rajratan Global Wire, said: FY25 ended for us on a positive note for several factors. The most critical amongst this was an increase in activity in our Chennai facility and greenshoots of our export plans from India. The last quarter witnessed 85-90% utilisation in our Thailand and Pithampur facilities, which augurs well for our overall profitability. The improvement in volumes from our Chennai plant as well as our strategy to avoid selling in the low-end bicycle tyre market, augurs well for our Chennai business, helping us consolidate strongly at the organisational level. Higher realisations, increased sales to marquee customers, deliberately low exposure to cycle tyre makers and sharper percentage increase in sales to automotive tyre companies, coated wire customers and exports, enhanced our profitability. The Indian (standalone) profits, adjusted for the initial operating losses of Chennai, more than doubled over Q3FY25 and was at par with Q4FY24. The US tariff on our product remain unchanged providing fillip to our global ambition. During the last quarter, the Board of Directors approved the conversion of our lowvalue-added black wire capacity to higher value-added wire rope which will empower us to achieve similar profitability as our India bead wire business. On the overall we remain cautiously optimistic in a dynamic global scenario. We expect the scenario to play out positively for Rajratan, reinforcing our sustainable growth efforts. We look forward to commencing FY26 on a positive note. Result PDF