Shares of Rajratan Global Wire Limited fell 7% on Wednesday, April 22, after the company reported a sharp decline in operating profitability for Q4 FY26, even as revenue grew strongly on a year-on-year basis.
The stock opened at ₹412.00 against its previous close of ₹438.95, touching a session high of ₹428.95 and a low of ₹407.50. The 52-week range stands between ₹305.55 and ₹540.00.
According to the company’s financial results, revenue for Q4 FY26 stood at ₹314 crore, up 25% year on year from ₹251 crore in the corresponding quarter of the previous year. However, EBITDA declined 14.2% to ₹28.6 crore from ₹33.3 crore in Q4 FY25, with EBITDA margins contracting sharply by 420 basis points to 9.1% from 13.3% in the year-ago period. Net profit rose marginally by 1.5% to ₹15.4 crore from ₹15.2 crore.
The sharp margin compression despite healthy revenue growth has weighed on investor sentiment, with the market reacting negatively to the deterioration in operating profitability on the day.
Rajratan Global Wire Limited is a manufacturer of bead wire, a critical component used in the production of tyres. The company supplies to tyre manufacturers in India and internationally and operates manufacturing facilities in India and Thailand.
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