Rajratan Global Wire Limited (RAJRATAN) - Net Assets
Based on the latest financial reports, Rajratan Global Wire Limited (RAJRATAN) has net assets worth Rs6.50 Billion INR (≈ $70.34 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs11.59 Billion ≈ $125.34 Million USD) and total liabilities (Rs5.09 Billion ≈ $55.00 Million USD). 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. Check RAJRATAN goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs6.50 Billion |
| % of Total Assets | 56.12% |
| Annual Growth Rate | 15.87% |
| 5-Year Change | 90.76% |
| 10-Year Change | 635.4% |
| Growth Volatility | 13.9 |
Rajratan Global Wire Limited - Net Assets Trend (2006–2026)
This chart illustrates how Rajratan Global Wire Limited's net assets have evolved over time, based on quarterly financial data. See Rajratan Global Wire Limited (RAJRATAN) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Rajratan Global Wire Limited (2006–2026)
The table below shows the annual net assets of Rajratan Global Wire Limited from 2006 to 2026. For live valuation and market cap data, see Rajratan Global Wire Limited (RAJRATAN) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs6.50 Billion ≈ $70.34 Million |
+16.36% |
| 2025-03-31 | Rs5.59 Billion ≈ $60.45 Million |
+13.48% |
| 2024-03-31 | Rs4.93 Billion ≈ $53.27 Million |
+12.12% |
| 2023-03-31 | Rs4.39 Billion ≈ $47.52 Million |
+28.86% |
| 2022-03-31 | Rs3.41 Billion ≈ $36.87 Million |
+50.51% |
| 2021-03-31 | Rs2.27 Billion ≈ $24.50 Million |
+30.59% |
| 2020-03-31 | Rs1.73 Billion ≈ $18.76 Million |
+21.82% |
| 2019-03-31 | Rs1.42 Billion ≈ $15.40 Million |
+23.77% |
| 2018-03-31 | Rs1.15 Billion ≈ $12.44 Million |
+30.09% |
| 2017-03-31 | Rs884.47 Million ≈ $9.57 Million |
+31.18% |
| 2016-03-31 | Rs674.25 Million ≈ $7.29 Million |
+30.18% |
| 2015-03-31 | Rs517.92 Million ≈ $5.60 Million |
+1.00% |
| 2014-03-31 | Rs512.81 Million ≈ $5.55 Million |
-4.40% |
| 2013-03-31 | Rs536.42 Million ≈ $5.80 Million |
-3.29% |
| 2012-03-31 | Rs554.65 Million ≈ $6.00 Million |
+8.15% |
| 2011-03-31 | Rs512.86 Million ≈ $5.55 Million |
+17.31% |
| 2010-03-31 | Rs437.19 Million ≈ $4.73 Million |
+14.49% |
| 2009-03-31 | Rs381.87 Million ≈ $4.13 Million |
+2.21% |
| 2008-03-31 | Rs373.60 Million ≈ $4.04 Million |
+0.80% |
| 2007-03-31 | Rs370.62 Million ≈ $4.01 Million |
+8.36% |
| 2006-03-31 | Rs342.02 Million ≈ $3.70 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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs101.50 Million | 1.56% |
| Other Components | Rs6.40 Billion | 98.44% |
| Total Equity | Rs6.50 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 |
|---|---|
|
GOLDGROUP MINING INC.
F:55G0
|
$249.66 Million |
|
Integrated Wind Solutions AS
OL:IWS
|
$249.74 Million |
|
Funkwerk AG
F:FEW
|
$249.85 Million |
|
Outbrain Inc
NASDAQ:OB
|
$249.88 Million |
|
Guanajuato Silver Company Ltd
V:GSVR
|
$249.59 Million |
|
JINMAO PROPERTY SERVICES
F:TZ0
|
$249.56 Million |
|
Sindoh
KO:029530
|
$249.52 Million |
|
Northern Ocean Ltd
OL:NOL
|
$249.51 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 2025 to 2026, total equity changed from 5,589,800,000 to 6,504,400,000, a change of 914,600,000 (16.4%).
- Net income of 701,100,000 contributed positively to equity growth.
- Dividend payments of 101,500,000 reduced retained earnings.
- Other comprehensive income decreased equity by 2,861,700,000.
- Other factors increased equity by 3,176,700,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs701.10 Million | +10.78% |
| Dividends Paid | Rs101.50 Million | -1.56% |
| Other Comprehensive Income | Rs-2.86 Billion | -44.0% |
| Other Changes | Rs3.18 Billion | +48.84% |
| Total Change | Rs- | 16.36% |
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: 3.55x
- 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 67.48x to 3.55x 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 | Rs6.74 | Rs454.60 | x |
| 2007-03-31 | Rs7.30 | Rs454.60 | x |
| 2008-03-31 | Rs7.36 | Rs454.60 | x |
| 2009-03-31 | Rs7.52 | Rs454.60 | x |
| 2010-03-31 | Rs8.61 | Rs454.60 | x |
| 2011-03-31 | Rs10.00 | Rs454.60 | x |
| 2012-03-31 | Rs10.82 | Rs454.60 | x |
| 2013-03-31 | Rs10.45 | Rs454.60 | x |
| 2014-03-31 | Rs9.97 | Rs454.60 | x |
| 2015-03-31 | Rs10.09 | Rs454.60 | x |
| 2016-03-31 | Rs13.20 | Rs454.60 | x |
| 2017-03-31 | Rs17.35 | Rs454.60 | x |
| 2018-03-31 | Rs22.66 | Rs454.60 | x |
| 2019-03-31 | Rs28.04 | Rs454.60 | x |
| 2020-03-31 | Rs34.16 | Rs454.60 | x |
| 2021-03-31 | Rs44.61 | Rs454.60 | x |
| 2022-03-31 | Rs67.12 | Rs454.60 | x |
| 2023-03-31 | Rs86.49 | Rs454.60 | x |
| 2024-03-31 | Rs97.02 | Rs454.60 | x |
| 2025-03-31 | Rs110.08 | Rs454.60 | x |
| 2026-03-31 | Rs128.12 | Rs454.60 | 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): 10.78%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.06%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 1.78x
- Recent ROE (10.78%) is below the historical average (13.14%), 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 | Rs25.41 Million |
| 2007 | 8.00% | 3.11% | 1.04x | 2.48x | Rs-7.41 Million |
| 2008 | 1.75% | 0.63% | 0.83x | 3.36x | Rs-30.83 Million |
| 2009 | -0.36% | -0.09% | 1.12x | 3.71x | Rs-39.56 Million |
| 2010 | 14.80% | 3.51% | 1.24x | 3.41x | Rs20.96 Million |
| 2011 | 13.46% | 3.09% | 1.33x | 3.26x | Rs17.54 Million |
| 2012 | 5.99% | 1.31% | 1.23x | 3.73x | Rs-22.02 Million |
| 2013 | -4.25% | -0.89% | 1.18x | 4.04x | Rs-75.65 Million |
| 2014 | -4.25% | -0.76% | 1.29x | 4.32x | Rs-72.09 Million |
| 2015 | 3.54% | 0.66% | 1.24x | 4.31x | Rs-33.07 Million |
| 2016 | 24.57% | 5.82% | 1.38x | 3.05x | Rs97.66 Million |
| 2017 | 23.97% | 7.32% | 1.27x | 2.58x | Rs123.04 Million |
| 2018 | 14.89% | 4.97% | 1.32x | 2.27x | Rs56.24 Million |
| 2019 | 18.76% | 5.42% | 1.48x | 2.34x | Rs124.69 Million |
| 2020 | 19.05% | 6.88% | 1.27x | 2.18x | Rs157.02 Million |
| 2021 | 23.45% | 9.72% | 1.24x | 1.94x | Rs304.76 Million |
| 2022 | 36.46% | 13.92% | 1.45x | 1.81x | Rs902.33 Million |
| 2023 | 22.79% | 11.18% | 1.21x | 1.68x | Rs561.83 Million |
| 2024 | 14.58% | 8.07% | 1.08x | 1.68x | Rs225.70 Million |
| 2025 | 10.52% | 6.29% | 0.97x | 1.72x | Rs29.02 Million |
| 2026 | 10.78% | 6.06% | 1.00x | 1.78x | Rs50.66 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: $4,962,007,503
- Average return on equity (ROE) among peers: 3.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rajratan Global Wire Limited (RAJRATAN) | Rs6.50 Billion | 17.43% | 0.78x | $249.61 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $1.20 Billion | 5.37% | 2.25x | $2.37 Million |
| APL Apollo Tubes Limited (APLAPOLLO) | $4.72 Billion | 13.50% | 1.73x | $5.59 Billion |
| Bansal Wire Industries Ltd (BANSALWIRE) | $12.69 Billion | 11.40% | 0.71x | $514.95 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $987.90 Million | -40.30% | 5.23x | $39.02 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $6.61 Billion | 14.56% | 0.24x | $158.98 Million |
| Electrotherm (India) Limited (ELECTHERM) | $587.16 Million | 32.01% | 5.36x | $149.04 Million |
| Grand Foundry Limited (GFSTEELS) | $-56.35 Million | 0.00% | 0.00x | $4.48 Million |
| Goodluck India Limited (GOODLUCK) | $13.47 Billion | 12.24% | 0.88x | $487.00 Million |
| Godawari Power And Ispat limited (GPIL) | $9.28 Billion | -9.55% | 2.75x | $1.90 Billion |
| Hariom Pipe Industries Limited (HARIOMPIPE) | $133.55 Million | 0.35% | 1.68x | $138.11 Million |
About 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.