Rajoo Engineers Ltd

Rajoo Engineers Ltd

₹ 133 -4.98%
02 May - close price
About

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]

Key Points

Market Leadership
The company is one of the leading plastics extrusion machinery manufacturers in India. The company is a market leader in blown film lines, sheet lines, thermoforming, and extrusion coating & laminating lines in the Indian subcontinent, and holds a leading position among Asian manufacturers of similar equipment. [1]

  • Market Cap 2,188 Cr.
  • Current Price 133
  • High / Low 333 / 90.0
  • Stock P/E 62.0
  • Book Value 9.33
  • Dividend Yield 0.14 %
  • ROCE 34.9 %
  • ROE 25.9 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 88.6% CAGR over last 5 years
  • Debtor days have improved from 29.6 to 21.7 days.
  • Company's working capital requirements have reduced from 39.7 days to 12.7 days

Cons

  • Stock is trading at 14.3 times its book value

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
60 18 34 37 71 31 54 60 53 51 57 56 90
52 17 30 33 65 28 46 52 44 44 48 45 70
Operating Profit 8 1 4 3 6 3 7 8 9 7 9 11 19
OPM % 14% 3% 11% 9% 9% 9% 13% 13% 17% 14% 16% 19% 22%
2 1 0 1 1 1 1 1 1 1 1 2 1
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 1 1 1 1 1 1 1 1 1 1 1 1 1
Profit before tax 9 1 3 3 6 3 7 8 8 7 9 12 19
Tax % 20% 26% 25% 20% 23% 23% 25% 26% 26% 24% 23% 23% 27%
7 1 2 2 5 2 5 6 6 5 7 9 14
EPS in Rs 0.43 0.05 0.14 0.14 0.28 0.15 0.32 0.35 0.38 0.33 0.44 0.54 0.84
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
101 117 107 111 145 122 93 152 172 160 197 254
93 106 97 99 124 108 86 134 151 146 170 207
Operating Profit 8 11 10 12 21 14 7 19 21 14 27 47
OPM % 7% 9% 9% 11% 15% 12% 8% 12% 12% 9% 14% 18%
0 0 0 1 1 1 0 1 3 3 4 5
Interest 1 0 0 1 1 2 2 1 0 0 1 1
Depreciation 2 3 3 2 3 4 4 3 3 3 4 4
Profit before tax 5 8 7 10 18 9 2 15 20 13 26 47
Tax % 33% 32% 35% 36% 34% 15% 9% 30% 26% 23% 25% 25%
3 5 5 6 12 8 1 10 15 10 20 35
EPS in Rs 0.22 0.34 0.30 0.41 0.74 0.48 0.09 0.63 0.90 0.61 1.20 2.15
Dividend Payout % 34% 28% 32% 23% 13% 8% 0% 0% 10% 21% 0% 7%
Compounded Sales Growth
10 Years: 8%
5 Years: 22%
3 Years: 14%
TTM: 29%
Compounded Profit Growth
10 Years: 21%
5 Years: 89%
3 Years: 34%
TTM: 82%
Stock Price CAGR
10 Years: 37%
5 Years: 116%
3 Years: 116%
1 Year: 41%
Return on Equity
10 Years: 16%
5 Years: 18%
3 Years: 19%
Last Year: 26%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 6 6 6 6 6 6 6 6 6 6 6 16
Reserves 25 28 31 38 54 60 61 72 88 96 113 137
0 4 7 7 15 19 8 3 0 2 1 0
44 35 34 55 74 42 65 64 54 70 99 161
Total Liabilities 74 74 78 105 149 127 141 146 148 174 220 314
20 20 18 29 47 47 43 41 38 37 42 55
CWIP 0 2 6 1 2 1 2 2 3 3 5 1
Investments 6 7 3 2 2 2 2 2 13 11 4 6
48 45 50 73 98 77 94 102 94 124 168 253
Total Assets 74 74 78 105 149 127 141 146 148 174 220 314

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
14 2 17 8 14 -9 22 15 22 19 1 71
-7 -4 -6 -7 -30 7 -6 -10 -12 -13 -11 -63
-4 0 -4 -1 11 -1 -14 -6 -3 -2 -3 -2
Net Cash Flow 2 -2 8 1 -4 -3 3 -0 7 3 -13 5

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 36 59 44 79 9 47 46 27 10 38 29 22
Inventory Days 123 72 63 136 240 207 429 214 182 209 320 339
Days Payable 93 68 83 133 115 99 214 90 68 74 92 78
Cash Conversion Cycle 66 62 24 82 133 155 261 152 124 173 258 282
Working Capital Days 13 34 31 36 31 104 78 52 39 32 74 13
ROCE % 15% 23% 19% 23% 31% 14% 5% 20% 23% 12% 24% 35%

Shareholding Pattern

Numbers in percentages

6 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
65.84% 65.84% 65.84% 65.84% 66.33% 66.33% 66.49% 66.56% 66.56% 66.56% 66.40% 66.40%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.51% 0.37% 0.27% 0.18% 0.04% 0.08%
34.15% 34.15% 34.16% 34.15% 33.67% 33.67% 32.99% 33.07% 33.16% 33.25% 33.58% 33.52%
No. of Shareholders 36,91234,16732,34030,93225,94423,35423,48321,23422,30438,06345,87146,659

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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