Financials Rajratan Global Wire Limited

Equities

RAJRATAN

INE451D01029

Iron & Steel

Market Closed - Bombay S.E. 06:00:51 2024-07-16 am EDT 5-day change 1st Jan Change
609.9 INR +0.52% Intraday chart for Rajratan Global Wire Limited -0.32% -21.61%

Valuation

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,914 7,969 26,353 37,753 29,500 30,965 -
Enterprise Value (EV) 1 1,914 7,969 26,353 39,335 31,256 32,357 31,854
P/E ratio 5.79 x 14.9 x 21.2 x 37.7 x 41.1 x 32 x 22 x
Yield - - 0.39% 0.27% 0.34% 0.5% 0.68%
Capitalization / Revenue 0.4 x - 2.95 x 4.22 x 3.31 x 2.8 x 2.27 x
EV / Revenue 0.4 x - 2.95 x 4.39 x 3.51 x 2.92 x 2.33 x
EV / EBITDA 2.81 x - 14.5 x 24.3 x 24.5 x 18.9 x 14 x
EV / FCF 37.3 x - 101 x -904 x -210 x 59.2 x 27.9 x
FCF Yield 2.68% - 0.99% -0.11% -0.48% 1.69% 3.58%
Price to Book 1.1 x - 7.73 x 8.59 x 5.99 x 5.65 x 4.7 x
Nbr of stocks (in thousands) 50,771 50,771 50,771 50,771 50,771 50,771 -
Reference price 2 37.69 157.0 519.0 743.6 581.0 609.9 609.9
Announcement Date 5/22/20 4/24/21 4/21/22 4/21/23 4/22/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026
Net sales 1 4,802 - 8,929 8,954 8,904 11,063 13,648
EBITDA 1 680.2 - 1,816 1,620 1,277 1,714 2,272
EBIT 1 571 - 1,681 1,472 1,100 1,417 1,934
Operating Margin 11.89% - 18.82% 16.44% 12.35% 12.81% 14.17%
Earnings before Tax (EBT) 1 437.1 - 1,562 1,304 938 1,259 1,833
Net income 1 330.4 531.3 1,243 1,001 718.3 967.5 1,408
Net margin 6.88% - 13.92% 11.18% 8.07% 8.75% 10.32%
EPS 2 6.508 10.50 24.49 19.72 14.15 19.05 27.75
Free Cash Flow 1 51.3 - 260.7 -43.5 -148.5 546.2 1,141
FCF margin 1.07% - 2.92% -0.49% -1.67% 4.94% 8.36%
FCF Conversion (EBITDA) 7.54% - 14.36% - - 31.88% 50.22%
FCF Conversion (Net income) 15.53% - 20.97% - - 56.46% 81.04%
Dividend per Share 2 - - 2.000 2.000 2.000 3.025 4.125
Announcement Date 5/22/20 4/24/21 4/21/22 4/21/23 4/22/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2023 Q1 2023 Q3 2024 Q1 2024 Q2
Net sales 1 2,514 2,000 - 2,143
EBITDA - - - -
EBIT - - - -
Operating Margin - - - -
Earnings before Tax (EBT) - - - -
Net income - - 124.3 -
Net margin - - - -
EPS - - - -
Dividend per Share - - - -
Announcement Date 7/21/22 1/23/23 7/21/23 10/21/23
1INR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - 1,582 1,756 1,392 889
Net Cash position 1 - - - - - - -
Leverage (Debt/EBITDA) - - - 0.9767 x 1.375 x 0.8124 x 0.3911 x
Free Cash Flow 1 51.3 - 261 -43.5 -149 546 1,141
ROE (net income / shareholders' equity) 20.9% - 43.8% 25.7% 15.4% 18.5% 28.5%
ROA (Net income/ Total Assets) - - - - - - -
Assets 1 - - - - - - -
Book Value Per Share 2 34.40 - 67.20 86.60 97.10 108.0 130.0
Cash Flow per Share - - - - - - -
Capex 1 453 - 873 1,659 1,204 747 433
Capex / Sales 9.44% - 9.78% 18.53% 13.52% 6.75% 3.18%
Announcement Date 5/22/20 4/24/21 4/21/22 4/21/23 4/22/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
609.9 INR
Average target price
772 INR
Spread / Average Target
+26.58%
Consensus

Quarterly revenue - Rate of surprise

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