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 ₹ 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.
Peer comparison
Sector: Engineering Industry: Engineering
Part of BSE Allcap BSE SmallCap BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
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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 | |
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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% |
Documents
Announcements
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Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
1d - Postal ballot for appointing new independent director and changing designation of existing director.
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Board Meeting Outcome for Appointment Of Company Secretary & Compliance Officer
29 Apr - Appointed Nikhil V. Gajjar as Company Secretary & Compliance Officer, KMP, effective April 29, 2025.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
25 Apr - Newspaper Publication of Extract of Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2025
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Announcement under Regulation 30 (LODR)-Change in Directorate
24 Apr - Rajoo Engineers reports FY25 audited results, Rs.0.15 final dividend recommended, director designation changed.
- Audited Results For FY 2024-25 24 Apr
Annual reports
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Financial Year 2024
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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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Concalls
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Feb 2025TranscriptNotesPPT
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Oct 2024Transcript PPT
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Jul 2024TranscriptNotesPPT
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Apr 2024Transcript PPT REC
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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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May 2022TranscriptNotesPPT
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Feb 2022Transcript PPT
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Nov 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
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]