Rajoo Engineers Ltd
Rajoo Engineers Limited was incorporated in 1986 and is promoted by Mr. C.N. Doshi and Mr. R.N. Doshi. It manufactures plastic-extrusion machinery in Gujarat. The company designs and manufactures machines and offers customised solutions as per customer's requirement.
The head office of the co. is in Gujarat.[1]
- Market Cap ₹ 1,550 Cr.
- Current Price ₹ 252
- High / Low ₹ 257 / 30.3
- Stock P/E 78.6
- Book Value ₹ 19.4
- Dividend Yield 0.14 %
- ROCE 24.1 %
- ROE 17.8 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 20.0% CAGR over last 5 years
Cons
- Stock is trading at 13.0 times its book value
- The company has delivered a poor sales growth of 10.0% over past five years.
- Working capital days have increased from 48.5 days to 74.4 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Engineering Industry: Engineering
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
91 | 101 | 117 | 107 | 111 | 145 | 122 | 93 | 152 | 172 | 160 | 197 | |
85 | 93 | 106 | 97 | 99 | 124 | 108 | 86 | 134 | 151 | 146 | 171 | |
Operating Profit | 5 | 8 | 11 | 10 | 12 | 21 | 14 | 7 | 19 | 21 | 14 | 27 |
OPM % | 6% | 7% | 9% | 9% | 11% | 15% | 12% | 8% | 12% | 12% | 9% | 14% |
0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 1 | 3 | 3 | 4 | |
Interest | 1 | 1 | 0 | 0 | 1 | 1 | 2 | 2 | 1 | 0 | 0 | 1 |
Depreciation | 2 | 2 | 3 | 3 | 2 | 3 | 4 | 4 | 3 | 3 | 3 | 4 |
Profit before tax | 3 | 5 | 8 | 7 | 10 | 18 | 9 | 2 | 15 | 20 | 13 | 26 |
Tax % | 33% | 33% | 32% | 35% | 36% | 34% | 15% | 9% | 30% | 26% | 23% | 25% |
2 | 3 | 5 | 5 | 6 | 12 | 8 | 1 | 10 | 15 | 10 | 20 | |
EPS in Rs | 0.46 | 0.60 | 0.90 | 0.79 | 1.08 | 1.96 | 1.28 | 0.24 | 1.69 | 2.41 | 1.63 | 3.20 |
Dividend Payout % | 30% | 34% | 28% | 32% | 23% | 13% | 8% | 0% | 0% | 10% | 21% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 10% |
3 Years: | 9% |
TTM: | 24% |
Compounded Profit Growth | |
---|---|
10 Years: | 19% |
5 Years: | 20% |
3 Years: | 24% |
TTM: | 113% |
Stock Price CAGR | |
---|---|
10 Years: | 45% |
5 Years: | 55% |
3 Years: | 122% |
1 Year: | 700% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 13% |
3 Years: | 15% |
Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
Reserves | 23 | 25 | 28 | 31 | 38 | 54 | 60 | 61 | 72 | 88 | 96 | 113 |
19 | 0 | 4 | 7 | 7 | 15 | 19 | 8 | 3 | 0 | 2 | 2 | |
17 | 44 | 35 | 34 | 55 | 74 | 42 | 65 | 64 | 54 | 70 | 99 | |
Total Liabilities | 62 | 74 | 74 | 78 | 105 | 149 | 127 | 141 | 146 | 148 | 174 | 220 |
17 | 20 | 20 | 18 | 29 | 47 | 47 | 43 | 41 | 38 | 36 | 42 | |
CWIP | 0 | 0 | 2 | 6 | 1 | 2 | 1 | 2 | 2 | 3 | 3 | 5 |
Investments | 1 | 6 | 7 | 3 | 2 | 2 | 2 | 2 | 2 | 13 | 11 | 4 |
45 | 48 | 45 | 50 | 73 | 98 | 77 | 94 | 102 | 94 | 125 | 168 | |
Total Assets | 62 | 74 | 74 | 78 | 105 | 149 | 127 | 141 | 146 | 148 | 174 | 220 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | 14 | 2 | 17 | 8 | 14 | -9 | 22 | 15 | 22 | 19 | 1 | |
-1 | -7 | -4 | -6 | -7 | -30 | 7 | -6 | -10 | -12 | -13 | -11 | |
-5 | -4 | 0 | -4 | -1 | 11 | -1 | -14 | -6 | -3 | -2 | -3 | |
Net Cash Flow | -4 | 2 | -2 | 8 | 1 | -4 | -3 | 3 | -0 | 7 | 3 | -14 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 30 | 36 | 59 | 44 | 79 | 9 | 47 | 46 | 27 | 10 | 38 | 29 |
Inventory Days | 166 | 123 | 72 | 63 | 136 | 240 | 207 | 429 | 214 | 182 | 209 | 320 |
Days Payable | 67 | 93 | 68 | 83 | 133 | 115 | 99 | 214 | 90 | 68 | 74 | 92 |
Cash Conversion Cycle | 130 | 66 | 62 | 24 | 82 | 133 | 155 | 261 | 152 | 124 | 173 | 258 |
Working Capital Days | 115 | 13 | 34 | 31 | 36 | 31 | 104 | 78 | 52 | 39 | 32 | 74 |
ROCE % | 9% | 15% | 23% | 19% | 23% | 31% | 14% | 5% | 20% | 23% | 12% |
Documents
Announcements
- Submission Of Compliance Certificate Under Regulation 40 (10) Of Listing Regulations 23 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 23 Apr
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
21 Apr - Transcript of Investor Earnings call on Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2024
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
18 Apr - Press release having subject "Unveils Rajkot Facility Expansion, Boosting Manufacturing Capacity"
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
18 Apr - Audio Recording of the Investor Earning Call on Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2024.
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
from bse
Concalls
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Apr 2024Transcript PPT
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Jan 2024TranscriptNotesPPT
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Nov 2023Transcript PPT
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May 2023Transcript PPT
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Nov 2022TranscriptNotesPPT
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Aug 2022TranscriptNotesPPT
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May 2022TranscriptNotesPPT
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Feb 2022Transcript PPT
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Nov 2021Transcript PPT
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Aug 2021Transcript PPT
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Jun 2021Transcript PPT
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Jan 2021TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Sep 2020TranscriptNotesPPT
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Jun 2020TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Aug 2019TranscriptNotesPPT
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May 2019TranscriptNotesPPT
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Feb 2019TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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Aug 2018TranscriptNotesPPT
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Feb 2018TranscriptNotesPPT
Products & Platforms
Mono & Multilayer Blown Film Lines: Foilextm, etc.
Mono & Multilayer Extrusion Coating & Lamination Line: Lamextm
Cross Lamination Film Line: Multifoil -X, etc. [1]