RAJRATAN

Current scenario - Strong volume growth driven by higher utilization rates in Chennai and Thailand, with earnings growing faster than revenue. - Current margins are under pressure due to inflation in energy, fuel, transportation, packing materials, and freight costs, but expected to improve going forward. Changes in trends - Thailand plant operating at full capacity (100%), leading to a planned 50,000-ton capacity expansion costing around INR100 crores to be completed within 3 to 4 quarters. - Chennai plant expansion towards 60,000 tons is on track, with rated capacity already at 40,000 tons. Management Guidance & Outlook - Expected volume growth of 15% to 20% year-on-year to continue for the next 10 to 15 quarters. - Total export target from India and Thailand for the year is more than 30,000 tons. - Steel cord project for conveyor belts in Pithampur is undergoing trials and samples will be submitted next month, with full-scale operations expected next year. Growth Drivers - Increasing approvals and volume supplies to global marquee multinational tire clients. - Unique ability of the Thailand plant to supply green bead wire sourced from 100% scrap, aiding entry into European markets under CBAM norms.

- Rajratan Global Wire Limited informed the exchanges about the audio recording of the conference call held on 22nd October, 2026. - The audio link has been made available on the company website for investors and stakeholders.

Rajratan Global Wire released its Q2 FY2027 investor presentation, reporting consolidated operating revenue of ₹370.83 crore (up 26% YoY) and PAT of ₹24.14 crore (up 17% YoY). - Total sales volume for Q2 FY27 reached 38,605 MT compared to 32,887 MT in Q2 FY26 (▲17% YoY). - Chennai facility successfully turned around from losses to profitability with expansion to 60,000 TPA underway. - Thailand operations are running at full capacity, with plans to add 50,000 TPA capacity over the coming year.

Q2 FY27 Consolidated Revenue ₹370.83Cr vs ₹294.17Cr (▲26.1% YoY) EBITDA ₹45.79Cr vs ₹40.02Cr (▲14.4% YoY) PAT ₹24.14Cr vs ₹20.55Cr (▲17.5% YoY) EBITDA Margin 12.35% vs 13.60% (▼125bps)