Rajratan Global Wire Shifts Focus to Volume Growth in FY26 Amidst Margin Pressure
Earnings
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CNBC TV1822-01-2026, 17:01

Rajratan Global Wire Shifts Focus to Volume Growth in FY26 Amidst Margin Pressure

  • Rajratan Global Wire aims for volume-led growth in FY26, with margins expected to stabilize around 13-14% due to competitive pressures.
  • Managing Director and CEO Sunil Chordia stated the company is prioritizing market share protection and regaining through increased volume.
  • The Chennai plant's capacity is being expanded from 30,000 to 60,000 tonnes, with a target production of 35,000 tonnes next year.
  • International operations, particularly in Thailand, are showing strong growth, supported by sales in the US, Europe, and Southeast Asia.
  • Demand from the tyre sector remains steady, with the industry projected to grow by 12% this year, aided by lower GST rates.

Why It Matters: Rajratan Global Wire is strategically pursuing volume growth and capacity expansion to counter competitive margin pressures.

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