Rajratan Global Wire Limited — PPTs, 24-01-2025: Investor Presentation

**Financial Highlights:** In Q3FY25, Rajratan Global Wire reported a revenue of ₹218.36 crores, down 6% from the preceding quarter. EBITDA decreased by 23% year-on-year to ₹26.25 crores, resulting in an EBITDA margin of 12.02%. Profit before tax saw a significant decline of 50% year-on-year at ₹12.35 crores due to higher interest costs and depreciation. Sales volume in India increased by 10%, reaching 16,984 MT, while Thailand’s sales volume dropped by 18% to 10,071 MT.

**Strategic Initiatives and Growth Drivers:** The company commenced phased production at its new Chennai facility, with initial volumes contributing to trial runs. The expansion aims to enhance manufacturing efficiencies and tap new international markets, despite competitive pressures.

**Business Developments:** The Chennai plant's capitalized assets began accounting for trial production from August 7, 2024, along with ongoing marketing and distribution efforts in the USA and Europe.

**Market Position and Competitive Advantage:** Rajratan retains its market share across regions despite increased competition, driven by its focus on quality and customer approvals.

**Investor Implications:** The delays in full capacity utilization from the Chennai plant pose short-term challenges. However, improved sales volumes in India and sustainable practices indicate potential long-term growth. Investors should monitor the company's operational developments closely for recovery signals.