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 ₹ 1,435 Cr.
- Current Price ₹ 233
- High / Low ₹ 248 / 25.4
- Stock P/E 68.3
- Book Value ₹ 20.6
- Dividend Yield 0.16 %
- ROCE 22.7 %
- 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 21.2% CAGR over last 5 years
Cons
- Stock is trading at 11.2 times its book value
- The company has delivered a poor sales growth of 8.43% over past five years.
- Working capital days have increased from 50.5 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
120 | 115 | 124 | 161 | 132 | 99 | 170 | 190 | 179 | 197 | |
110 | 104 | 111 | 138 | 117 | 92 | 149 | 168 | 163 | 171 | |
Operating Profit | 11 | 11 | 14 | 23 | 14 | 7 | 21 | 23 | 16 | 27 |
OPM % | 9% | 10% | 11% | 14% | 11% | 7% | 12% | 12% | 9% | 14% |
0 | 0 | 1 | 1 | 1 | 0 | 1 | 2 | 3 | 4 | |
Interest | 0 | 0 | 1 | 1 | 2 | 2 | 1 | 0 | 0 | 1 |
Depreciation | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 |
Profit before tax | 8 | 8 | 11 | 20 | 9 | 2 | 17 | 21 | 15 | 26 |
Tax % | 32% | 34% | 36% | 33% | 15% | 8% | 29% | 27% | 23% | 25% |
5 | 5 | 7 | 14 | 8 | 2 | 12 | 15 | 11 | 21 | |
EPS in Rs | 0.92 | 0.94 | 1.22 | 2.22 | 1.31 | 0.25 | 1.96 | 2.45 | 1.87 | 3.41 |
Dividend Payout % | 27% | 26% | 20% | 11% | 8% | 0% | 0% | 10% | 19% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 5% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 21% |
3 Years: | 21% |
TTM: | 97% |
Stock Price CAGR | |
---|---|
10 Years: | 44% |
5 Years: | 50% |
3 Years: | 126% |
1 Year: | 783% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 15% |
Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
Reserves | 29 | 33 | 40 | 57 | 63 | 64 | 77 | 93 | 103 | 121 |
4 | 7 | 7 | 15 | 19 | 8 | 3 | 0 | 2 | 2 | |
36 | 42 | 59 | 78 | 47 | 72 | 72 | 61 | 73 | 99 | |
Total Liabilities | 75 | 87 | 111 | 157 | 135 | 150 | 158 | 160 | 184 | 227 |
20 | 18 | 29 | 47 | 47 | 44 | 41 | 39 | 37 | 42 | |
CWIP | 2 | 6 | 1 | 2 | 1 | 2 | 2 | 3 | 3 | 5 |
Investments | 5 | 2 | 0 | 2 | 2 | 1 | 3 | 17 | 9 | 12 |
48 | 61 | 80 | 106 | 85 | 104 | 112 | 102 | 135 | 168 | |
Total Assets | 75 | 87 | 111 | 157 | 135 | 150 | 158 | 160 | 184 | 227 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
2 | 20 | 5 | 16 | -10 | 22 | 18 | 25 | 15 | 1 | |
-4 | -6 | -5 | -31 | 7 | -6 | -12 | -15 | -9 | -11 | |
0 | -4 | -1 | 11 | -1 | -14 | -6 | -3 | -2 | -3 | |
Net Cash Flow | -3 | 11 | -2 | -4 | -4 | 3 | -1 | 7 | 3 | -14 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 57 | 41 | 71 | 11 | 45 | 48 | 31 | 14 | 39 | 29 |
Inventory Days | 73 | 78 | 138 | 224 | 212 | 437 | 205 | 174 | 205 | 320 |
Days Payable | 66 | 94 | 118 | 104 | 91 | 201 | 87 | 68 | 68 | 92 |
Cash Conversion Cycle | 64 | 26 | 91 | 131 | 166 | 284 | 149 | 120 | 176 | 258 |
Working Capital Days | 35 | 22 | 40 | 34 | 105 | 84 | 52 | 36 | 41 | 74 |
ROCE % | 21% | 24% | 33% | 14% | 4% | 22% | 22% | 14% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
14h - Press release having subject "Unveils Rajkot Facility Expansion, Boosting Manufacturing Capacity"
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
16h - Audio Recording of the Investor Earning 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)-Investor Presentation
21h - Results update presentation of 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
21h - Media / Press Release of Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2024.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Newspaper clipping of extract of audited standalone and consolidated financial results for fourth quarter and year ended March 31, 2024 in newspapers today i.e. April …
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 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
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Concalls
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Apr 2024TranscriptNotesPPT
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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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Jan 2021TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Nov 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]