RGWL/24-25/

22nd October, 2024

To To
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers ‘Exchange Plaza’, C-1, Block G,
Dalal Street Bandra Kurla Complex,
Mumbai 400001 Bandra (E), Mumbai – 400 051
Scrip Code – 517522 Symbol - RAJRATAN

Sub: Investor Presentation

Dear Sir,

With reference to above subject, please find attached herewith Investor Presentation.

You are requested to kindly update the same on your website.

Thanking you,
Yours faithfully,
For Rajratan Global Wire Limited
Shubham Digitally signed by
Shubham Jain

Jain Date: 2024.10.22

15:23:09 +05'30'
Shubham Jain
Company Secretary & Compliance Officer
BUILDING A
GLOBAL
CORPORATION
RAJRATAN GLOBAL WIRE LIMITED

INVESTOR PRESENTATION | Q2FY2024-25

Safe harbour
The presentation has been prepared by Rajratan Global Wire Limited (“Rajratan” or the “Company”) solely for information purposes
and does not constitute an offer to sell or recommendation or solicitation of an offer to subscribe for or purchase any securities and
nothing contained herein shall form the basis of any contract or commitment whatsoever. By accessing this presentation, you are
agreeing to be bound by the trading restrictions. The information contained in this presentation should be considered in the context
of the circumstances prevailing at the time and has not been, and will not be, updated to reflect material developments which may
occur after the date of the presentation. The information set out herein may be subject to updating, completion, revision, verification
and amendment and such information may change materially. This presentation is based on the economic, regulatory, market and
other conditions as in effect on the date hereof. It should be understood that subsequent developments may affect the information
contained in this presentation, which neither the Company nor its affiliates, advisors or representatives are under an obligation to
update, revise or affirm.

Certain statements contained in this presentation may be statements of the Company’s beliefs, plans and expectations about the
future and other forward-looking statements. The forward-looking statements are based on management’s current expectations or
beliefs as well as a number of assumptions about the Company’s operations and factors beyond the Company’s control or third-party
sources and involve known and unknown risks and uncertainties that could cause actual results to differ materially from those
contemplated by the relevant forward-looking statements. Forward-looking statements contained in this presentation regarding past
trends or activities should not be taken as a representation that such trends or activities will continue in the future. There is no
obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
You should not place undue reliance on forward-looking statements, which speak only as of the date of this presentation.

The Company, as such, makes no representation or warranty, express or implied, as to and does not accept any responsibility or
liability with respect to, the fairness, accuracy, completeness or correctness of any information or opinions contained herein. You
acknowledge and agree that the Company and/or its affiliated companies and/or their respective employees and/or agents have no
responsibility or liability (express or implied) whatsoever and howsoever arising (including, without limitation for any claim,
proceedings, action, suits, losses, expenses, damages or costs) which may be brought against or suffered by any person as a result of
acting in reliance upon the whole or any part of the contents of this presentation and neither the Company, its affiliated companies
nor their respective employees or agents accepts any liability for any error, omission or misstatement, negligent or otherwise, in this
presentation and any liability in respect of the presentation or any inaccuracy therein or omission therefrom which might otherwise
arise is hereby expressly disclaimed.
About Rajratan
Rajratan Global Wire Ltd., a leading and BIG NUMBERS
trusted bead wire manufacturer and
supplier of high-quality products to
62
%, revenue share
prestigious customers worldwide. from India
operations in
The Company has a capacity of 72,000 TPA Q2FY25
(60,000 TPA for bead wire) in India and
60,000 TPA in Thailand. The Company has
set up a greenfield unit in Chennai with a
38
%, revenue share
capacity of 60,000 TPA. from Thailand
operations in
• The Pithampur plant houses the world's Q2FY25
largest bead wire manufacturing line.
• The only bead wire manufacturer in 2873.38
Thailand. Rs. crores,
market
• Increasing market share in the bead wire capitalisation as
industry in both Thailand and India. on September
30, 2024
 Executive summary

Consolidated Financial Highlights (Q2FY25) Operational Highlights (Q2FY25)

Revenue & Profitability (Rs. in Lakhs) Sales Volume (In MT)
30000 35,000
24533 30,000 28,715
25000
21434 24,794
25,000
20000
20,000 17,174
15000 15,537
15,000 11,541
10000 9,257
10,000

5000 3,392 3,789 5,000

1,948 1,905

0 0
Op erating Reven ue EBIDTA PAT Sal es Volume - India Sal es Volume - Thailand Sal es Volume - Total

Q2FY24 Q2FY25 Q2FY24 Q2FY25

 After-some quarters of sluggish offtake and challenging market dynamics, there
was a marked improvement in the company’s performance in Q2FY25. This
improvement was the result of bead wire demand exceeding supply. This was
influenced by an increased offtake of tyres (direct sectorial customer) and a
decline in imports. We expect a sustained performance improvement in the
subsequent quarters for the following reasons: commercialisation of the new
What our Chairman Chennai plant and increased utilisation of our Pithampur and Thailand plants.
has to say about Based on these realities we expect an improved performance for the rest of the
financial year.'
our Q2FY25
performance Sunil Chordia,
Chairman & Managing Director
Macro realities that influenced
our performance, Q2FY25

Two months of attractive demand

from downstream tyre
manufacturers in India

Increased competition within Indian

market and sustained bead wire
imports from China into Thailand

Disturbed geo-political realities

around Red Sea, Gulf Coast and Iran

Increased logistics costs on account

of longer delivery routes and higher
oil prices

Improving demand from Europe and

American markets
How we responded to the
macro realities in Q2FY25
We commenced supply to a
marquee global tyre
manufacturer

We commissioned our
Chennai unit

We enhanced our
competitiveness and focused
on enhanced volumes

We grew our exports

The Indore unit underwent

first stage assessment for the
TPM Excellence Category 'A'
Award by Japan Institute of
Plant Maintenance (JIPM)

We received BIS License and

ISO 9001 Certification for our
Chennai Unit
How the positive macro
realities catalysed our
consolidated performance,
Q2FY25
• 14% increase in revenues when compared
with Q2FY24
• 16% increase in volumes sold when
compared with Q2FY24
• 204 bps increase in EBITDA margin due to
higher sales volume and import
restrictions (compared with Q1FY25)
• 25% increase in PAT (compared with
Q1FY25)
What shareholders can
expect in Q3FY25
Higher manufacturing and sales
1 volumes

2 Better amortisation of fixed costs

Increased capacity utilisation of

3 the new Chennai plant

Increased revenues on account of

the Chennai plant’s PLI scheme
4 eligibility

Gradually improving exports to

5 USA and Europe
Business-strengthening initiatives
shareholders can expect, FY25
• More customer audits, samples submissions related to the Chennai unit
• Convert successful customer audits into orders for the Chennai unit
• Strengthen processes to compete for a Deming Award in 5 years
• Position TPM assessment in November 2024 (Indore plant); award of TPM Excellence
Category 'A' Award in FY25
• IATF 16949 Certification for Chennai Unit
 Rigorous Net zero
sustainability targets
initiatives

We are adopting Collaborating with an

comprehensive external consultant, we
sustainability practices are establishing realistic
across all operations to net zero targets aligned
minimize environmental with industry standards
impact and ensure
responsible resource use

Certification for Plantation

recycled steel drive
bead wire

We are seeking We plan to plant over

certification for our 10,000 saplings around
recycled steel bead wire, our Indian facility using
Sustainability which supports circular
economy principles and
the Miyawaki technique
to further reduce our
at Rajratan helps lower our carbon
footprint
carbon footprint
Consolidated financials
Rs. In Lakhs
Consolidated Q2FY25 Q1FY25 Q2FY24 YoY (%) H1FY25 H1FY24 YoY (%)
Sales Volume - India (In MT) 17174 15960 15537 11% 33134 30119 10%
Sales Volume - Thailand (In MT) 11541 10502 9257 25% 22043 16741 32%
Sales Volume - Total (In MT) 28715 26462 24794 16% 55177 46860 18%
Revenue 24533 22014 21434 14% 46547 41819 11%
EBITDA 3789 2950 3392 12% 6810 5904 15%
Other Income* 15 56 118 -87% 71 248 -71%
Depreciation 571 461 436 31% 1032 853 21%
Interest 769 513 480 60% 1282 1009 27%
Profit before tax 2464 2032 2594 -5% 4496 4290 5%
Profit after tax 1905 1524 1948 -2% 3429 3191 7%
Equity capital (Rs. 2 face value) 1015 1015 1015 - 1015 1015 -
Earnings per share (Rs.) 3.75 3.00 3.84 -2% 6.76 6.29 7%
EBITDA margin (%) 15.44% 13.40% 15.83% -39bps 14.63% 14.12% 51bps
PBT margin (%) 10.04% 9.23% 12.10% -206bps 9.66% 10.26% -60bps

PAT margin (%) 7.77% 6.92% 9.09% -132 bps 7.37% 7.63% -26 bps

*Other Income excluded from EBITDA and EBITDA margin calculations to show core operating metrices
Our clients
For more details please contact: KAPTIFY® Consulting
Rajratan Global Wire Ltd Strategy & Investor Relations Consulting
Shubham Jain, Company Secretary [email protected]
[email protected] Tel:+91-8452886099
www.rajratan.co.in www.kaptify.in

Thank you