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 ₹ 2,161 Cr.
- Current Price ₹ 132
- High / Low ₹ 333 / 93.0
- Stock P/E 61.2
- 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 14.1 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
Industrials Capital Goods Industrial Manufacturing Industrial Products
Part of BSE SmallCap BSE Allcap 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 | |
---|---|
10 Years: | 21% |
5 Years: | 89% |
3 Years: | 34% |
TTM: | 82% |
Stock Price CAGR | |
---|---|
10 Years: | 38% |
5 Years: | 116% |
3 Years: | 120% |
1 Year: | 28% |
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% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - Rajoo Engineers debuts on NSE, enhancing market reach and investor confidence from May 29, 2025.
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Announcement Under Regulation 30 (LODR) - Listing Of Equity Shares On The National Stock Exchange Of India Ltd (NSE)
27 May - Rajoo Engineers' 163.99 crore shares listed on NSE from May 29, 2025 under symbol RAJOOENG.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
27 May - Annual Secretarial Compliance Report filed; minor delays in disclosures, fines paid, overall compliance confirmed.
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Announcement under Regulation 30 (LODR)-Change in Management
16 May - Rajesh Doshi steps down as Chairman; Pratik Kothari appointed Chairman effective May 16, 2025.
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Board Meeting Outcome for Changes In Chairman Of The Board
16 May - Rajesh Doshi steps down as Chairman; Pratik Kothari appointed Chairman effective May 16, 2025.
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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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]