Rajratan Global Wire517522Tyre reinforcement wire
Rajratan Global CMD Sunil Chordia discussed margins, revenue growth, Thailand capacity expansion and US business outlook
By ScoutQuest · · 1 min read
- H1 margin
- 12.5 percent
- Guided margin range
- 13 to 14 percent
- Previous historical margin
- 15 percent
- India market share
- 47 to 48 percent
- Thailand market share
- 35 percent
Heard on business television between 13:32:14 - 13:35:14 IST.
- Margins at lower end of 13-14% guidance due to accounting treatment; other income from overseas subsidiaries excluded from EBITDA calc, else margins near 13%
- Company sacrificing margin to retain/grow market share (47-48% India, 35% Thailand); CMD said margin recovery will happen as competitors are not profitable at current prices
- Revenue grew 26%, with 17% from volume growth and 9% from price increases; export revenue growing faster than domestic, expected to sustain for next 2-3 years due to international marketing efforts including new US and upcoming Europe offices
- Announced 50,000 ton capacity expansion in Thailand (60,000 to 110,000 tons) for ~100 crores investment; Thailand plant running at ~100% utilization, market growing 10% annually
- US market has 50% import duty but good export potential; approvals from two tyre companies with more in process; currently selling 50 containers/month in Europe, expected to double to 100 in two years
Watch at source
behind live
- 1Open on YouTube
- 2Drag the seek bar left
- 3Watch this moment
Also from Rajratan Global Wire
Rajratan Global Wire stock down nearly 80% over the last five days, management to discuss margin recovery and volume growth
23 Oct 2026
Audio recording of 22 October 2026 conference call made available on company website
23 Oct 2026
Rajratan Global Wire Q2 FY27: revenue up 26% to ₹37,083 lakhs, PAT up 17%; Chennai and Thailand capacity expansion underway
22 Oct 2026
Source: Live TV News Channel · 23 Oct 2026
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.