Archive · 25 Dec 2025
Rajratan Global Wire: India's Bead Wire Leader
Rajratan Global Wire Ltd is a company that makes a very important part of car tires called bead wire.
This part is like the skeleton of the tire, holding it together and keeping it safe on the road.
The company has a big share of the market in India and also sells its products in many other countries.
It has grown a lot over the years and its stock price has gone up by 450% in five years.
The company is important because every car and even airplanes need tires, and every tire needs bead wire.
Rajratan is the leader in making this special wire, and it has a big advantage because it is the only one making it in Thailand, which is a major hub for tire production.
This makes it a very important company in the automotive industry.
Rajratan Global Wire Ltd is the leading manufacturer of bead wire in India, with over 50% market share.
The company produces high-carbon steel wire used in tire manufacturing, essential for structural integrity and safety.
Rajratan has a significant international presence, with operations in Thailand and other countries.
The company's share price has grown by 450% in five years, from Rs 86 to Rs 472.
Rajratan faces margin pressure due to fluctuations in global steel prices and high capital expenditure.
- Who
- Rajratan Global Wire Ltd
- What
- Manufacturer of bead wire and drawn steel wire
- When
- Company established in 2006, financial data from FY20 to H1FY26
- Where
- Headquartered in India with a significant presence in Thailand
- Why
- To provide essential components for tyre manufacturing, ensuring structural integrity and safety
- Company Name
- Rajratan Global Wire Ltd
- Market Cap
- Rs 2,392 cr
- Market Share
- Over 50% in India
- Key Customers
- MRF Ltd, Apollo Tyres, CEAT Ltd, Bridgestone Tyres
- International Presence
- USA, Canada, Czech Republic, Italy, Finland, Turkey, Sri Lanka, Bangladesh, Vietnam, Malaysia, Indonesia, South Korea, Philippines, Australia, Thailand
- Share Price Growth
- 450% in 5 years (Rs 86 to Rs 472)
- PE Ratio
- 41x
- Industry Median PE
- 31x