Rajratan Global Wire Limited
Rajratan Global Wire Limited engages in manufacturing and sale of tyre bead wires in India and Thailand. It also offers high carbon steel wires that are used in construction, engineering, and automobile industries. The company was incorporated in 1988 and is based in Indore, India.
Rajratan Global Wire Limited (RAJRATAN) - Net Assets
Latest net assets as of September 2025: ₹6.03 Billion INR
Based on the latest financial reports, Rajratan Global Wire Limited (RAJRATAN) has net assets worth ₹6.03 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹11.07 Billion) and total liabilities (₹5.04 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹6.03 Billion |
| % of Total Assets | 54.44% |
| Annual Growth Rate | 15.84% |
| 5-Year Change | 146.75% |
| 10-Year Change | 729.04% |
| Growth Volatility | 14.26 |
Rajratan Global Wire Limited - Net Assets Trend (2006–2025)
This chart illustrates how Rajratan Global Wire Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Rajratan Global Wire Limited (2006–2025)
The table below shows the annual net assets of Rajratan Global Wire Limited from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹5.59 Billion | +13.48% |
| 2024-03-31 | ₹4.93 Billion | +12.12% |
| 2023-03-31 | ₹4.39 Billion | +28.86% |
| 2022-03-31 | ₹3.41 Billion | +50.51% |
| 2021-03-31 | ₹2.27 Billion | +30.59% |
| 2020-03-31 | ₹1.73 Billion | +21.82% |
| 2019-03-31 | ₹1.42 Billion | +23.77% |
| 2018-03-31 | ₹1.15 Billion | +30.09% |
| 2017-03-31 | ₹884.47 Million | +31.18% |
| 2016-03-31 | ₹674.25 Million | +30.18% |
| 2015-03-31 | ₹517.92 Million | +1.00% |
| 2014-03-31 | ₹512.81 Million | -4.40% |
| 2013-03-31 | ₹536.42 Million | -3.29% |
| 2012-03-31 | ₹554.65 Million | +8.15% |
| 2011-03-31 | ₹512.86 Million | +17.31% |
| 2010-03-31 | ₹437.19 Million | +14.49% |
| 2009-03-31 | ₹381.87 Million | +2.21% |
| 2008-03-31 | ₹373.60 Million | +0.80% |
| 2007-03-31 | ₹370.62 Million | +8.36% |
| 2006-03-31 | ₹342.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rajratan Global Wire Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 260060000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹2.60 Billion | 46.52% |
| Common Stock | ₹101.50 Million | 1.82% |
| Other Comprehensive Income | ₹2.86 Billion | 51.20% |
| Other Components | ₹26.00 Million | 0.47% |
| Total Equity | ₹5.59 Billion | 100.00% |
Rajratan Global Wire Limited Competitors by Market Cap
The table below lists competitors of Rajratan Global Wire Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MAXCYTE INC DL-01
F:MYE0
|
$67.13 Million |
|
Compagnie d'Entreprises CFE S.A.
LSE:0O2T
|
$67.13 Million |
|
Gambling.com Group Ltd
NASDAQ:GAMB
|
$67.14 Million |
|
Nnit AS
CO:NNIT
|
$67.14 Million |
|
Dry Cell and Storage Battery JSC
VN:PAC
|
$67.11 Million |
|
Adel Kalemcilik Ticaret ve Sanayi AS
IS:ADEL
|
$67.11 Million |
|
Tempo Scan Pacific Tbk
JK:TSPC
|
$67.10 Million |
|
Loihde Oyj
HE:LOIHDE
|
$67.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rajratan Global Wire Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,926,000,000 to 5,589,800,000, a change of 663,800,000 (13.5%).
- Net income of 588,000,000 contributed positively to equity growth.
- Dividend payments of 101,500,000 reduced retained earnings.
- Other comprehensive income increased equity by 477,500,000.
- Other factors decreased equity by 300,200,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹588.00 Million | +10.52% |
| Dividends Paid | ₹101.50 Million | -1.82% |
| Other Comprehensive Income | ₹477.50 Million | +8.54% |
| Other Changes | ₹-300.20 Million | -5.37% |
| Total Change | ₹- | 13.48% |
Book Value vs Market Value Analysis
This analysis compares Rajratan Global Wire Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.53x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 57.64x to 3.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | ₹6.74 | ₹388.30 | x |
| 2007-03-31 | ₹7.30 | ₹388.30 | x |
| 2008-03-31 | ₹7.36 | ₹388.30 | x |
| 2009-03-31 | ₹7.52 | ₹388.30 | x |
| 2010-03-31 | ₹8.61 | ₹388.30 | x |
| 2011-03-31 | ₹10.00 | ₹388.30 | x |
| 2012-03-31 | ₹10.82 | ₹388.30 | x |
| 2013-03-31 | ₹10.45 | ₹388.30 | x |
| 2014-03-31 | ₹9.97 | ₹388.30 | x |
| 2015-03-31 | ₹10.09 | ₹388.30 | x |
| 2016-03-31 | ₹13.20 | ₹388.30 | x |
| 2017-03-31 | ₹17.35 | ₹388.30 | x |
| 2018-03-31 | ₹22.66 | ₹388.30 | x |
| 2019-03-31 | ₹28.04 | ₹388.30 | x |
| 2020-03-31 | ₹34.16 | ₹388.30 | x |
| 2021-03-31 | ₹44.61 | ₹388.30 | x |
| 2022-03-31 | ₹67.12 | ₹388.30 | x |
| 2023-03-31 | ₹86.49 | ₹388.30 | x |
| 2024-03-31 | ₹97.02 | ₹388.30 | x |
| 2025-03-31 | ₹110.08 | ₹388.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rajratan Global Wire Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.52%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.29%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 1.72x
- Recent ROE (10.52%) is below the historical average (13.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 17.43% | 6.09% | 1.33x | 2.15x | ₹25.41 Million |
| 2007 | 8.00% | 3.11% | 1.04x | 2.48x | ₹-7.41 Million |
| 2008 | 1.75% | 0.63% | 0.83x | 3.36x | ₹-30.83 Million |
| 2009 | -0.36% | -0.09% | 1.12x | 3.71x | ₹-39.56 Million |
| 2010 | 14.80% | 3.51% | 1.24x | 3.41x | ₹20.96 Million |
| 2011 | 13.46% | 3.09% | 1.33x | 3.26x | ₹17.54 Million |
| 2012 | 5.99% | 1.31% | 1.23x | 3.73x | ₹-22.02 Million |
| 2013 | -4.25% | -0.89% | 1.18x | 4.04x | ₹-75.65 Million |
| 2014 | -4.25% | -0.76% | 1.29x | 4.32x | ₹-72.09 Million |
| 2015 | 3.54% | 0.66% | 1.24x | 4.31x | ₹-33.07 Million |
| 2016 | 24.57% | 5.82% | 1.38x | 3.05x | ₹97.66 Million |
| 2017 | 23.97% | 7.32% | 1.27x | 2.58x | ₹123.04 Million |
| 2018 | 14.89% | 4.97% | 1.32x | 2.27x | ₹56.24 Million |
| 2019 | 18.76% | 5.42% | 1.48x | 2.34x | ₹124.69 Million |
| 2020 | 19.05% | 6.88% | 1.27x | 2.18x | ₹157.02 Million |
| 2021 | 23.45% | 9.72% | 1.24x | 1.94x | ₹304.76 Million |
| 2022 | 36.46% | 13.92% | 1.45x | 1.81x | ₹902.33 Million |
| 2023 | 22.79% | 11.18% | 1.21x | 1.68x | ₹561.83 Million |
| 2024 | 14.58% | 8.07% | 1.08x | 1.68x | ₹225.70 Million |
| 2025 | 10.52% | 6.29% | 0.97x | 1.72x | ₹29.02 Million |
Industry Comparison
This section compares Rajratan Global Wire Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $2,231,234,800
- Average return on equity (ROE) among peers: 14.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rajratan Global Wire Limited (RAJRATAN) | ₹6.03 Billion | 17.43% | 0.84x | $67.12 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $4.99 Billion | 10.25% | 2.32x | $741.37K |
| APL Apollo Tubes Limited (APLAPOLLO) | $3.68 Billion | 18.67% | 1.71x | $4.13 Billion |
| Ashoka Metcast Limited (ASHOKAMET) | $130.00K | 82.31% | 812.99x | $1.77 Million |
| Bansal Wire Industries Ltd (BANSALWIRE) | $4.61 Billion | 15.96% | 1.74x | $87.42 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $1.32 Billion | 0.82% | 2.32x | $7.76 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $4.35 Billion | -3.86% | 0.72x | $65.42 Million |
| Electrotherm (India) Limited (ELECTHERM) | $-10.93 Billion | 0.00% | 0.00x | $30.34 Million |
| Gallantt Ispat Limited (GALLANTT) | $2.82 Billion | 12.06% | 0.51x | $332.04 Million |
| Grand Foundry Limited (GFSTEELS) | $-34.32 Million | 0.00% | 0.00x | $1.30 Million |
| Goodluck India Limited (GOODLUCK) | $11.51 Billion | 11.49% | 0.77x | $164.92 Million |