Rajratan Global Wire Limited — Investor Meet, 28-04-2025: Analysts/Institutional Investor Meet/Con. Call Updates
28-04-2025 | 05:50 pm
28-04-2025 | 05:50 pm
Rajratan Global Wire Limited held an earnings conference call discussing financial performance and future strategies. The company anticipates a 15% volume growth for FY '26, driven by improved capacity utilization in Chennai, targeting 20,000 tons production. The Chennai facility has secured approvals from major customers, enhancing profitability outlook. Plans include entering the wire rope market with a ₹50 crore investment for 10,000 tons capacity, projected to generate ₹100 crore in revenue. Analysts queried about margin recovery and growth prospects in Thailand amid competitive pressures. Management expressed confidence in adapting to market dynamics while emphasizing cautious growth.
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