{"id":331828,"date":"2026-10-29T12:39:00","date_gmt":"2026-10-29T07:09:00","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=331828"},"modified":"2026-10-29T12:39:00","modified_gmt":"2026-10-29T07:09:00","slug":"non-ferrous-metal-recycler-lead-recycling-leader-and-winding-wire-maker-stocks-roadmap-prism-list","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/non-ferrous-metal-recycler-lead-recycling-leader-and-winding-wire-maker-stocks-roadmap-prism-list\/","title":{"rendered":"3 Non Ferrous Metal Recycler, Lead Recycling Leader and Winding Wire Maker Stocks With a Strong Future Roadmap: Jain Resource Recycling, Gravita India and Ram Ratna Wires"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E84;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Jain Resource Recycling, Gravita India and Ram Ratna Wires: ROE of 15.4% to 22.2% and FY22 to FY26 revenue CAGR of 18.2% to 35.0%. Prices as of 28 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E84;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The three metal recycling and wire stocks to watch are Jain Resource Recycling, Gravita India and Ram Ratna Wires. Their return on equity ranges from 15.4% to 22.2%, and their revenue compound annual growth from FY22 to FY26 ranges from 18.2% to 35.0%. Jain Resource Recycling leads on both return on equity at 22.2% and revenue growth at 35.0% a year. Prices are based on the 28 October 2026 close, and this article is educational, not investment advice.<\/p>\n<\/div>\n<p>Metal recycling and wire stocks give investors a way to track businesses that sit close to everyday demand in India. Jain Resource Recycling, Gravita India and Ram Ratna Wires cover a non ferrous metal recycler, a lead recycling leader and a winding wire maker.<\/p>\n<p>This list covers three metal recycling and wire stocks with complete current figures: Jain Resource Recycling, Gravita India and Ram Ratna Wires. Every figure comes from the latest reported financials and the 28 October 2026 market close. Companies without complete current figures were left out.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=non-ferrous-metal-recycler-lead-recycling-leader-and-winding-wire-maker-stocks-roadmap-prism-list\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/non-ferrous-metal-recycler-lead-recycling-leader-and-winding-wire-maker-stocks-roadmap-prism-list\/#What_Are_Metal_Recycling_and_Wire_Stocks\" title=\"What Are Metal Recycling and Wire Stocks?\">What Are Metal Recycling and Wire Stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/non-ferrous-metal-recycler-lead-recycling-leader-and-winding-wire-maker-stocks-roadmap-prism-list\/#Metal_Recycling_and_Wire_Stocks_at_a_Glance\" title=\"Metal Recycling and Wire Stocks at a Glance\">Metal Recycling and Wire Stocks at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/non-ferrous-metal-recycler-lead-recycling-leader-and-winding-wire-maker-stocks-roadmap-prism-list\/#Why_Do_Metal_Recycling_and_Wire_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Metal Recycling and Wire Stocks Have a Strong Roadmap in India?\">Why Do Metal Recycling and Wire Stocks Have a Strong Roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/non-ferrous-metal-recycler-lead-recycling-leader-and-winding-wire-maker-stocks-roadmap-prism-list\/#Why_Jain_Resource_Recycling_Features_Among_These_Metal_Recycling_and_Wire_Stocks\" title=\"Why Jain Resource Recycling Features Among These Metal Recycling and Wire Stocks\">Why Jain Resource Recycling Features Among These Metal Recycling and Wire Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/non-ferrous-metal-recycler-lead-recycling-leader-and-winding-wire-maker-stocks-roadmap-prism-list\/#Why_Gravita_India_Features_Among_These_Metal_Recycling_and_Wire_Stocks\" title=\"Why Gravita India Features Among These Metal Recycling and Wire Stocks\">Why Gravita India Features Among These Metal Recycling and Wire Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/non-ferrous-metal-recycler-lead-recycling-leader-and-winding-wire-maker-stocks-roadmap-prism-list\/#Why_Ram_Ratna_Wires_Features_Among_These_Metal_Recycling_and_Wire_Stocks\" title=\"Why Ram Ratna Wires Features Among These Metal Recycling and Wire Stocks\">Why Ram Ratna Wires Features Among These Metal Recycling and Wire Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/non-ferrous-metal-recycler-lead-recycling-leader-and-winding-wire-maker-stocks-roadmap-prism-list\/#Jain_Resource_Recycling_vs_Gravita_India_vs_Ram_Ratna_Wires_on_Key_Financials\" title=\"Jain Resource Recycling vs Gravita India vs Ram Ratna Wires on Key Financials\">Jain Resource Recycling vs Gravita India vs Ram Ratna Wires on Key Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/non-ferrous-metal-recycler-lead-recycling-leader-and-winding-wire-maker-stocks-roadmap-prism-list\/#Key_Risks_to_Check_Before_Investing_in_Metal_Recycling_and_Wire_Stocks\" title=\"Key Risks to Check Before Investing in Metal Recycling and Wire Stocks\">Key Risks to Check Before Investing in Metal Recycling and Wire Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/non-ferrous-metal-recycler-lead-recycling-leader-and-winding-wire-maker-stocks-roadmap-prism-list\/#Final_Thoughts_on_Metal_Recycling_and_Wire_Stocks\" title=\"Final Thoughts on Metal Recycling and Wire Stocks\">Final Thoughts on Metal Recycling and Wire Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/non-ferrous-metal-recycler-lead-recycling-leader-and-winding-wire-maker-stocks-roadmap-prism-list\/#What_are_metal_recycling_and_wire_stocks\" title=\"What are metal recycling and wire stocks?\">What are metal recycling and wire stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/non-ferrous-metal-recycler-lead-recycling-leader-and-winding-wire-maker-stocks-roadmap-prism-list\/#Which_metal_recycling_and_wire_stocks_are_covered_in_this_list\" title=\"Which metal recycling and wire stocks are covered in this list?\">Which metal recycling and wire stocks are covered in this list?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/non-ferrous-metal-recycler-lead-recycling-leader-and-winding-wire-maker-stocks-roadmap-prism-list\/#Why_do_metal_recycling_and_wire_stocks_have_a_strong_future_roadmap_in_India\" title=\"Why do metal recycling and wire stocks have a strong future roadmap in India?\">Why do metal recycling and wire stocks have a strong future roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/non-ferrous-metal-recycler-lead-recycling-leader-and-winding-wire-maker-stocks-roadmap-prism-list\/#How_has_Jain_Resource_Recycling_performed_financially\" title=\"How has Jain Resource Recycling performed financially?\">How has Jain Resource Recycling performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/non-ferrous-metal-recycler-lead-recycling-leader-and-winding-wire-maker-stocks-roadmap-prism-list\/#How_has_Gravita_India_performed_financially\" title=\"How has Gravita India performed financially?\">How has Gravita India performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/non-ferrous-metal-recycler-lead-recycling-leader-and-winding-wire-maker-stocks-roadmap-prism-list\/#How_has_Ram_Ratna_Wires_performed_financially\" title=\"How has Ram Ratna Wires performed financially?\">How has Ram Ratna Wires performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/non-ferrous-metal-recycler-lead-recycling-leader-and-winding-wire-maker-stocks-roadmap-prism-list\/#What_risks_should_investors_check_before_buying_metal_recycling_and_wire_stocks\" title=\"What risks should investors check before buying metal recycling and wire stocks?\">What risks should investors check before buying metal recycling and wire stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/non-ferrous-metal-recycler-lead-recycling-leader-and-winding-wire-maker-stocks-roadmap-prism-list\/#Is_this_list_of_metal_recycling_and_wire_stocks_investment_advice\" title=\"Is this list of metal recycling and wire stocks investment advice?\">Is this list of metal recycling and wire stocks investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Metal_Recycling_and_Wire_Stocks\"><\/span><strong>What Are Metal Recycling and Wire Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Metal recycling and wire stocks are listed companies that recycle scrap and used batteries into copper, lead and aluminium, operate lead and aluminium recycling plants in India and overseas and make winding wires and conductors for motors and transformers. Their earnings depend on metal prices, scrap supply and industrial demand.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Metal_Recycling_and_Wire_Stocks_at_a_Glance\"><\/span><strong>Metal Recycling and Wire Stocks at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">ROE (%)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">D\/E<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/jainrec\/jain-resource-recycling-ltd-share-price-today\">Jain Resource Recycling<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">280.55<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">9,781<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">27.1<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">11.0<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">22.2<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.82<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/gravita\/gravita-india-ltd-share-price-today\">Gravita India<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,343.5<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10,050<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">25.7<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">11.3<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15.4<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.30<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/ramrat\/ram-ratna-wires-ltd-share-price-today\">Ram Ratna Wires<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">547.7<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">5,049<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">39.5<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">11.3<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18.5<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1.13<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>On valuation, all three trade at a P\/E above their industry P\/E, which reflects the growth the market already expects from them. Readers comparing metal recycling and wire stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Metal_Recycling_and_Wire_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Metal Recycling and Wire Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Metal recycling and wire stocks have a strong roadmap in India because the push for a circular economy, steady demand for recycled metals and rising electrical equipment output keep widening the market for these recycling and wire companies.<\/p>\n<ul>\n<li><strong>Circular economy.<\/strong> Recycled metal reduces dependence on mining.<\/li>\n<li><strong>Battery demand.<\/strong> Used batteries are a steady source of lead.<\/li>\n<li><strong>Electrical wires.<\/strong> Motors and transformers need winding wires.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Why_Jain_Resource_Recycling_Features_Among_These_Metal_Recycling_and_Wire_Stocks\"><\/span><strong>Why Jain Resource Recycling Features Among These Metal Recycling and Wire Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the metal recycling and wire stocks on this list, Jain Resource Recycling is a Delhi-based recycler of non-ferrous metals that processes scrap and used batteries into lead, copper and aluminium products for industry.<\/p>\n<p>The company has a return on equity of 22.2%, a debt to equity ratio of 0.82 and a market capitalisation of Rs 9,781 crore. The stock trades at a P\/E of 27.1, above the industry P\/E of 11.0.<\/p>\n<p>Revenue rose from Rs 2,880 crore in FY22 to Rs 9,571 crore in FY26, a compound annual growth rate of 35.0%. Net profit grew from Rs 86.8 crore in FY22 to Rs 352 crore in FY26, which works out to a compound annual growth rate of 41.9%.<\/p>\n<p><strong>Roadmap:<\/strong> The company is expanding its recycling capacity and widening its product range in line with the push for a circular economy. Demand for recycled metals supports a steady supply chain of scrap inputs and finished metal.<\/p>\n<p><strong>What to watch:<\/strong> Follow capacity additions, scrap availability and metal prices.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Gravita_India_Features_Among_These_Metal_Recycling_and_Wire_Stocks\"><\/span><strong>Why Gravita India Features Among These Metal Recycling and Wire Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the lead recycling, non-ferrous recycling and winding wire shares on this list, Gravita India is a Jaipur-based recycler of lead, aluminium and plastic that operates plants in India, Africa and other regions and sells recycled metal products.<\/p>\n<p>Revenue rose from Rs 2,224 crore in FY22 to Rs 4,342 crore in FY26, a compound annual growth rate of 18.2%. Net profit grew from Rs 148 crore in FY22 to Rs 378 crore in FY26, which works out to a compound annual growth rate of 26.3%.<\/p>\n<p>In the June 2026 quarter, revenue grew 42.3% year on year to Rs 1,523 crore, while net profit rose 14.3% to Rs 106 crore. The company has a return on equity of 15.4%, a debt to equity ratio of 0.30 and a market capitalisation of Rs 10,050 crore. The stock trades at a P\/E of 25.7, above the industry P\/E of 11.3.<\/p>\n<p><strong>Roadmap:<\/strong> The company is expanding recycling capacity and moving into value-added products, helped by rising focus on circular economy and recycled materials. A global sourcing network supports supply.<\/p>\n<p><strong>What to watch:<\/strong> Track capacity additions, volume growth and the share of value-added products.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Ram_Ratna_Wires_Features_Among_These_Metal_Recycling_and_Wire_Stocks\"><\/span><strong>Why Ram Ratna Wires Features Among These Metal Recycling and Wire Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the three companies on this list, Ram Ratna Wires makes winding wires, conductors and related products used in transformers, motors, generators and electrical equipment. It supplies major manufacturers of power and industrial machines.<\/p>\n<p>Revenue rose from Rs 2,295 crore in FY22 to Rs 5,195 crore in FY26, a compound annual growth rate of 22.7%. Net profit grew from Rs 54.2 crore in FY22 to Rs 109 crore in FY26, which works out to a compound annual growth rate of 19.0%.<\/p>\n<p>The company has a return on equity of 18.5%, a debt to equity ratio of 1.13 and a market capitalisation of Rs 5,049 crore. The stock trades at a P\/E of 39.5, above the industry P\/E of 11.3.<\/p>\n<p><strong>Roadmap:<\/strong> The company is benefiting from higher spending on power transmission, renewable energy and electrical equipment. Added capacity and a wider product range help it serve large equipment makers.<\/p>\n<p><strong>What to watch:<\/strong> Track winding wire volumes, copper pass-through pricing and new capacity.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Jain_Resource_Recycling_vs_Gravita_India_vs_Ram_Ratna_Wires_on_Key_Financials\"><\/span><strong>Jain Resource Recycling vs Gravita India vs Ram Ratna Wires on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets the three metal recycling and wire stocks side by side on revenue, profit and margin, using reported figures.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY22 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Revenue CAGR (FY22-FY26)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Profit (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Margin<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Jain Resource Recycling<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,880<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">9,571<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">35.0%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">352<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3.7%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Gravita India<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,224<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,342<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18.2%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">378<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">8.7%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Ram Ratna Wires<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,295<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">5,195<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">22.7%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">109<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2.1%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>Jain Resource Recycling posts the highest return on equity in this group at 22.2%. Jain Resource Recycling combines the largest FY26 revenue at Rs 9,571 crore with the fastest revenue growth, a 35.0% compound annual rate. A useful habit with metal recycling and wire stocks is to check each new quarterly result against the capacity plans the company described earlier.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_Check_Before_Investing_in_Metal_Recycling_and_Wire_Stocks\"><\/span><strong>Key Risks to Check Before Investing in Metal Recycling and Wire Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Every theme carries risks that deserve a check before any decision. For these metal recycling and wire stocks, the main points are:<\/p>\n<ul>\n<li><strong>Commodity prices.<\/strong> Selling prices follow global and domestic markets.<\/li>\n<li><strong>Input costs.<\/strong> Metal and material prices can move margins.<\/li>\n<li><strong>Demand cycles.<\/strong> Sales can vary with seasons and rates.<\/li>\n<\/ul>\n<p>Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Use the Univest Stock Screener<\/a><\/strong> to filter metal recycling and wire stocks by market capitalisation, P\/E, ROE and growth, and build your own shortlist.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Thoughts_on_Metal_Recycling_and_Wire_Stocks\"><\/span><strong>Final Thoughts on Metal Recycling and Wire Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Metal recycling and wire stocks work best when investors track growth, valuation and return on equity side by side. Jain Resource Recycling, Gravita India and Ram Ratna Wires each have a clear plan to expand. Based on the 28 October 2026 close, Jain Resource Recycling trades at Rs 280.55, Gravita India at Rs 1,343.5 and Ram Ratna Wires at Rs 547.7.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track metal recycling and wire stocks, set price alerts and get research-backed stock ideas.<\/em><\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h3><span class=\"ez-toc-section\" id=\"What_are_metal_recycling_and_wire_stocks\"><\/span><strong>What are metal recycling and wire stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Metal recycling and wire stocks are listed companies that recycle scrap and used batteries into copper, lead and aluminium, operate lead and aluminium recycling plants in India and overseas and make winding wires and conductors for motors and transformers. Their earnings depend on metal prices, scrap supply and industrial demand. This list looks at three of them, Jain Resource Recycling, Gravita India and Ram Ratna Wires, using reported FY22 to FY26 financials and the 28 October 2026 closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_metal_recycling_and_wire_stocks_are_covered_in_this_list\"><\/span><strong>Which metal recycling and wire stocks are covered in this list?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This list covers Jain Resource Recycling, Gravita India and Ram Ratna Wires. Based on the 28 October 2026 close, Jain Resource Recycling traded at Rs 280.55, Gravita India at Rs 1,343.5 and Ram Ratna Wires at Rs 547.7. Their return on equity ranges from 15.4% to 22.2%, and their revenue compound annual growth from FY22 to FY26 ranges from 18.2% to 35.0%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_do_metal_recycling_and_wire_stocks_have_a_strong_future_roadmap_in_India\"><\/span><strong>Why do metal recycling and wire stocks have a strong future roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Metal recycling and wire stocks have a strong roadmap in India because the push for a circular economy, steady demand for recycled metals and rising electrical equipment output keep widening the market for these recycling and wire companies. The main drivers are as follows. Circular economy. Recycled metal reduces dependence on mining. Battery demand. Used batteries are a steady source of lead. Electrical wires. Motors and transformers need winding wires. Together these factors give the companies on this list a visible path for growth over the coming years.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Jain_Resource_Recycling_performed_financially\"><\/span><strong>How has Jain Resource Recycling performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 2,880 crore in FY22 to Rs 9,571 crore in FY26, a compound annual growth rate of 35.0%. Net profit grew from Rs 86.8 crore in FY22 to Rs 352 crore in FY26, which works out to a compound annual growth rate of 41.9%. The company has a return on equity of 22.2%, a debt to equity ratio of 0.82 and a market capitalisation of Rs 9,781 crore. The stock trades at a P\/E of 27.1, above the industry P\/E of 11.0. Looking ahead, the company is expanding its recycling capacity and widening its product range in line with the push for a circular economy. Demand for recycled metals supports a steady supply chain of scrap inputs and finished metal.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Gravita_India_performed_financially\"><\/span><strong>How has Gravita India performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 2,224 crore in FY22 to Rs 4,342 crore in FY26, a compound annual growth rate of 18.2%. Net profit grew from Rs 148 crore in FY22 to Rs 378 crore in FY26, which works out to a compound annual growth rate of 26.3%. In the June 2026 quarter, revenue grew 42.3% year on year to Rs 1,523 crore, while net profit rose 14.3% to Rs 106 crore. The company has a return on equity of 15.4%, a debt to equity ratio of 0.30 and a market capitalisation of Rs 10,050 crore. The stock trades at a P\/E of 25.7, above the industry P\/E of 11.3. Looking ahead, the company is expanding recycling capacity and moving into value-added products, helped by rising focus on circular economy and recycled materials. A global sourcing network supports supply.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Ram_Ratna_Wires_performed_financially\"><\/span><strong>How has Ram Ratna Wires performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 2,295 crore in FY22 to Rs 5,195 crore in FY26, a compound annual growth rate of 22.7%. Net profit grew from Rs 54.2 crore in FY22 to Rs 109 crore in FY26, which works out to a compound annual growth rate of 19.0%. The company has a return on equity of 18.5%, a debt to equity ratio of 1.13 and a market capitalisation of Rs 5,049 crore. The stock trades at a P\/E of 39.5, above the industry P\/E of 11.3. Looking ahead, the company is benefiting from higher spending on power transmission, renewable energy and electrical equipment. Added capacity and a wider product range help it serve large equipment makers.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_risks_should_investors_check_before_buying_metal_recycling_and_wire_stocks\"><\/span><strong>What risks should investors check before buying metal recycling and wire stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Investors should check a few risks before buying metal recycling and wire stocks. Commodity prices. Selling prices follow global and domestic markets. Input costs. Metal and material prices can move margins. Demand cycles. Sales can vary with seasons and rates. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_list_of_metal_recycling_and_wire_stocks_investment_advice\"><\/span><strong>Is this list of metal recycling and wire stocks investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. This article is educational and uses publicly available data as of the 28 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What are metal recycling and wire stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Metal recycling and wire stocks are listed companies that recycle scrap and used batteries into copper, lead and aluminium, operate lead and aluminium recycling plants in India and overseas and make winding wires and conductors for motors and transformers. Their earnings depend on metal prices, scrap supply and industrial demand. This list looks at three of them, Jain Resource Recycling, Gravita India and Ram Ratna Wires, using reported FY22 to FY26 financials and the 28 October 2026 closing prices.\"}},{\"@type\":\"Question\",\"name\":\"Which metal recycling and wire stocks are covered in this list?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This list covers Jain Resource Recycling, Gravita India and Ram Ratna Wires. Based on the 28 October 2026 close, Jain Resource Recycling traded at Rs 280.55, Gravita India at Rs 1,343.5 and Ram Ratna Wires at Rs 547.7. Their return on equity ranges from 15.4% to 22.2%, and their revenue compound annual growth from FY22 to FY26 ranges from 18.2% to 35.0%.\"}},{\"@type\":\"Question\",\"name\":\"Why do metal recycling and wire stocks have a strong future roadmap in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Metal recycling and wire stocks have a strong roadmap in India because the push for a circular economy, steady demand for recycled metals and rising electrical equipment output keep widening the market for these recycling and wire companies. The main drivers are as follows. Circular economy. Recycled metal reduces dependence on mining. Battery demand. Used batteries are a steady source of lead. Electrical wires. Motors and transformers need winding wires. Together these factors give the companies on this list a visible path for growth over the coming years.\"}},{\"@type\":\"Question\",\"name\":\"How has Jain Resource Recycling performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 2,880 crore in FY22 to Rs 9,571 crore in FY26, a compound annual growth rate of 35.0%. Net profit grew from Rs 86.8 crore in FY22 to Rs 352 crore in FY26, which works out to a compound annual growth rate of 41.9%. The company has a return on equity of 22.2%, a debt to equity ratio of 0.82 and a market capitalisation of Rs 9,781 crore. The stock trades at a P\/E of 27.1, above the industry P\/E of 11.0. Looking ahead, the company is expanding its recycling capacity and widening its product range in line with the push for a circular economy. Demand for recycled metals supports a steady supply chain of scrap inputs and finished metal.\"}},{\"@type\":\"Question\",\"name\":\"How has Gravita India performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 2,224 crore in FY22 to Rs 4,342 crore in FY26, a compound annual growth rate of 18.2%. Net profit grew from Rs 148 crore in FY22 to Rs 378 crore in FY26, which works out to a compound annual growth rate of 26.3%. In the June 2026 quarter, revenue grew 42.3% year on year to Rs 1,523 crore, while net profit rose 14.3% to Rs 106 crore. The company has a return on equity of 15.4%, a debt to equity ratio of 0.30 and a market capitalisation of Rs 10,050 crore. The stock trades at a P\/E of 25.7, above the industry P\/E of 11.3. Looking ahead, the company is expanding recycling capacity and moving into value-added products, helped by rising focus on circular economy and recycled materials. A global sourcing network supports supply.\"}},{\"@type\":\"Question\",\"name\":\"How has Ram Ratna Wires performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 2,295 crore in FY22 to Rs 5,195 crore in FY26, a compound annual growth rate of 22.7%. Net profit grew from Rs 54.2 crore in FY22 to Rs 109 crore in FY26, which works out to a compound annual growth rate of 19.0%. The company has a return on equity of 18.5%, a debt to equity ratio of 1.13 and a market capitalisation of Rs 5,049 crore. The stock trades at a P\/E of 39.5, above the industry P\/E of 11.3. Looking ahead, the company is benefiting from higher spending on power transmission, renewable energy and electrical equipment. Added capacity and a wider product range help it serve large equipment makers.\"}},{\"@type\":\"Question\",\"name\":\"What risks should investors check before buying metal recycling and wire stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Investors should check a few risks before buying metal recycling and wire stocks. Commodity prices. Selling prices follow global and domestic markets. Input costs. Metal and material prices can move margins. Demand cycles. Sales can vary with seasons and rates. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.\"}},{\"@type\":\"Question\",\"name\":\"Is this list of metal recycling and wire stocks investment advice?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. This article is educational and uses publicly available data as of the 28 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Metal Recycling and Wire Stocks with a strong future roadmap: Jain Resource Recycling, Gravita India and Ram Ratna Wires. Compare price, valuation, return on equity and revenue growth as of 28 October 2026.<\/p>\n","protected":false},"author":36,"featured_media":331824,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[3803,15428,9332,17912,17911,17913,7269,17914],"class_list":["post-331828","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-best-stocks","tag-gravita-india","tag-jain-resource-recycling","tag-lead-recycling","tag-metal-recycling-and-wire-stocks","tag-non-ferrous-recycling-and-winding-wire-shares","tag-ram-ratna-wires","tag-recycling-and-wire-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["331824"],"rank_math_title":["Metal Recycling and Winding Wire Stocks"],"rank_math_description":["Compare 3 metal recycling and wire stocks with a strong future roadmap on CMP, market cap, P\/E, ROE and revenue growth. 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