MarketFriction

Rajoo Engineers Ltd

NSE RAJOOENG · BSE 522257 · Industrial Products
₹53.21 -0.41%
NSE close2026-10-01
52 week range46.00 - 95.06
Market cap₹951 Cr.
P/E19.6
Price band 20%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales5460535157569085928879123
Expenses4652444448457166746576101
Operating Profit789791118191823322
OPM %13%13%17%14%16%19%21%22%20%26%4.0%18%
Other Income111112324323
Interest000000001111
Depreciation111111111322
Profit before tax788791220202022322
Tax %25%26%26%24%23%23%25%24%32%19%26%22%
Net Profit56758915151418217
EPS in Rs0.330.370.430.330.480.570.930.920.790.940.110.87
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales11512416113299170190160197254344382
Expenses10411113811792149168146170207283316
Operating Profit11142314721231427466166
OPM %10%11%14%11%7%12%12%9%14%18%18%17%
Other Income01110123481212
Interest011221001123
Depreciation333444434478
Profit before tax811209217211326506568
Tax %34%36%33%15%8%29%27%23%25%23%25%
Net Profit57148212151121384952
EPS in Rs0.350.460.830.490.090.730.920.701.282.322.672.71
Dividend Payout %26%20%11%8%0%0%10%19%0%6%6%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth12%15%29%33%
Compounded Profit Growth24%31%63%2%
Stock Price CAGR24%41%20%-37%
Return on Equity17%18%20%18%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital66666666661618
Reserves2933405763647793103121147328
Borrowings477151983021024
Other Liabilities36425978477272617099161305
Total Liabilities7587111157135150158160180227324674
Fixed Assets2018294747444139374255215
CWIP2612122335113
Investments52022131717121650
Other Assets48618010685104112102124168253397
Total Assets7587111157135150158160180227324674
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity220516-102218252016868
Cash from Investing Activity-4-6-5-317-6-12-15-13-11-60-194
Cash from Financing Activity0-4-111-1-14-6-3-2-3-4137
Net Cash Flow-311-2-4-43-175-13411
Free Cash Flow-314-3-6-1322162320-11558
CFO/OP32%207%57%85%-36%336%105%130%178%30%164%139%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days574171114548311438292211
Inventory Days7378138224212437205174209320335390
Days Payable669411810491201876874927789
Cash Conversion Cycle642691131166284149120173258280312
Working Capital Days221211076784635287212-16
ROCE %21%24%33%14%4%22%22%12%22%34%24%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters66.33%66.49%66.56%66.56%66.56%66.40%66.40%66.13%60.70%60.70%60.70%60.70%
FIIs0.00%0.51%0.37%0.27%0.18%0.04%0.08%0.03%2.25%1.75%1.66%1.22%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%2.10%0.99%0.77%0.53%
Public33.67%32.99%33.07%33.16%33.25%33.58%33.52%33.84%34.96%36.57%36.88%37.54%
No. of Shareholders23,35423,48321,23422,30438,06345,87146,65950,33661,51165,60267,16767,302

Fundamentals

Market Cap₹ 951 Cr.
Current Price₹ 53.3
Stock P/E19.6
Book Value₹ 19.3
ROCE24.1 %
ROE18.3 %
Dividend Yield0.28 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)33%
Compounded Profit Growth (TTM)2%
Consolidated figures.
Valuation
Market capRs 951 Cr
Enterprise valueRs 871 Cr
P/E (TTM)19.60x
Price to book2.75x
Price to sales2.49x
EV / EBITDA11.17x
EV / EBIT12.40x
EV / sales2.28x
Price to cash flow14.02x
Earnings yield5.10%
Dividend yield0.28%
P/E, 3-year average27.04x
P/B, 3-year average5.28x
P/E, 5-year average18.15x
P/B, 5-year average3.41x
Profitability
Operating margin (excl. other income)17.80%
Operating margin (incl. other income)21.38%
EBITDA margin20.40%
Pre-tax margin17.69%
Net profit margin12.69%
Net margin, latest quarter12.62%
ROE18.77%
ROCE25.13%
ROA9.56%
ROE, 3-year average20.97%
ROCE, 3-year average27.54%
ROA, 3-year average11.23%
ROE, 5-year average18.11%
ROCE, 5-year average23.59%
ROA, 5-year average9.99%
ROIC (approx.)19.91%
Tax rate24.58%
Other income / net worth3.57%
Growth
Sales growth (latest year)35.71%
Profit growth (latest year)25.24%
Sales CAGR, 3 years29.16%
Sales CAGR, 5 years15.22%
Profit CAGR, 3 years60.76%
Profit CAGR, 5 years31.70%
Sales growth QoQ55.00%
Profit growth QoQ696.41%
Sales growth YoY (latest quarter)44.67%
Profit growth YoY (latest quarter)3.40%
Per share
EPS (TTM)Rs 2.71
EPS (latest year)Rs 2.67
EPS (latest quarter)Rs 0.87
EPS, 3-year averageRs 2.80
EPS, 5-year averageRs 2.55
Book value per shareRs 19.33
Sales per shareRs 21.39
Cash flow per shareRs 3.80
Free cash flow per shareRs 0.45
Dividend per share (latest year)Rs 0.15
Dividend per share, 3-year averageRs 0.15
Dividend per share, 5-year averageRs 0.22
Dividends
Dividend payout5.61%
Dividend payout, 3-year average6.03%
Dividend payout, 5-year average10.24%
Efficiency
Asset turnover0.51x
Fixed asset turnover1.60x
Inventory turnover1.03x
Inventory days355 days
Debtor days11 days
Debtors turnover34.53x
Creditor days89 days
Cash conversion cycle312 days
Working capital days-16 days
Leverage
Total debtRs 24 Cr
Cash and bankRs 104 Cr
Net debtRs -79 Cr
Debt to equity0.07x
Net debt / EBITDA-1.02x
Interest coverage26.71x
Current ratio (filing 2026-03-31)1.30x
Quick ratio (filing 2026-03-31)0.61x
Trade payables (filing 2026-03-31)Rs 47 Cr
Owners' fund to total sources51.21%
Debt to assets3.61%
Cash flow
Cash from Operating Activity (latest year)Rs 68 Cr
Cash from Investing Activity (latest year)Rs -194 Cr
Cash from Financing Activity (latest year)Rs 137 Cr
Net Cash Flow (latest year)Rs 11 Cr
Free cash flow (latest year)Rs 8 Cr
FCFE (approx.: FCF + change in debt)Rs 32 Cr
Cash from ops / profit, 5 years1.36x
Sales to cash flow5.08x
Statement figures
Net sales (TTM)Rs 382 Cr
Net sales (latest year)Rs 344 Cr
Sales (latest quarter)Rs 123 Cr
Operating profit excl. other income (latest year)Rs 61 Cr
Operating profit (latest quarter)Rs 22 Cr
Other income (TTM)Rs 12 Cr
EBITDA (TTM)Rs 78 Cr
PBDT (TTM)Rs 75 Cr
Profit before tax (TTM)Rs 68 Cr
Tax (latest year)Rs 16 Cr
Net profit (TTM)Rs 48 Cr
Net profit (latest year)Rs 48 Cr
Net profit (latest quarter)Rs 16 Cr
Depreciation (TTM)Rs 8 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 3 Cr
Cost of goods sold (latest year)Rs 211 Cr
Total expenditure (latest year)Rs 283 Cr
Total income (latest year)Rs 357 Cr
Share capitalRs 18 Cr
ReservesRs 328 Cr
Shareholders' fundsRs 345 Cr
Total assetsRs 674 Cr
Net blockRs 215 Cr
Capital work in progressRs 13 Cr
InvestmentsRs 50 Cr
ReceivablesRs 10 Cr
InventoryRs 205 Cr
Other liabilitiesRs 305 Cr
Shares outstanding (crore)17.87
Ownership
Promoter holding60.70% (-5.43 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 19.6 is at the 46th percentile of its own 9.4-year range (median 20.5, low 5.8, high 259.1).
P/B 2.75 is at the 44th percentile (median 2.99).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodRAJOOENGNifty 50Difference
1 week-2.9%-2.8% -0.1 pts
1 month+7.6%-6.8% +14.4 pts
3 months+1.0%-7.6% +8.6 pts
6 months+14.0%+0.4% +13.6 pts
1 year-39.4%-9.9% -29.5 pts
3 years+71.1%+14.2% +57.0 pts
5 years+461.9%+27.9% +434.0 pts

Red flags

F-score 3 of 8
lookAuditor change Auditor change 2025-10-17: Rajoo Engineers Limited has informed the Exchange regarding Change in Auditors of the company.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹123 Cr +44.7% vs Jun 2025. Net profit ₹17 Cr +13.3%.
Against our estimate for Jun 2026: sales +18.2%, profit -0.6% in line. Our estimate for Sep 2026: sales Rs 107 Cr, profit Rs 16 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-22Dividend - Re 0.15 Per Share
2025-09-19Dividend - Re 0.15 Per Share
DateTypeWhat it says
2026-09-30Change in ManagementIntimation regarding appointment of Director(s) at the AGM.
2026-09-30Shareholder meetingVoting results.
2026-09-29Shareholder meetingProceedings of Annual General Meeting held on September 29, 2026
2026-09-09Press ReleaseA press release dated September 09, 2026, titled "RAJOO ENGINEERS LTD. PARTNERS WITH RIECKERMANN TO STRENGTHEN PRESENCE AND CUSTOMER SUPPORT IN SOUTHE...
2026-09-02Shareholder meetingNotice of Annual General Meeting to be held on September 29, 2026. Intimation of Notice of 39th Annual General Meeting of the Company scheduled to be ...
2026-09-02Record DateRecord date for the purpose of Dividend is 22-Sep-2026.
2026-09-02Shareholder meetingNotice of Annual General Meeting to be held on September 29, 2026. Intimation of Notice of 39th Annual General Meeting of the Company scheduled to be ...
2026-08-31AppointmentAppointment of Mrs Hetal Bhavesh Dobariya as Non- Executive Independent Director of the company w.e.f. September 01, 2026.
2026-08-21ResignationResignation of Director/KMP/SMP
2026-08-21ResignationResignation of Mr Shital Bharatkumar Badshah (DIN: 10039677), as Non- Executive Independent Director of the company effective from close of the busine...
2026-07-24Press ReleaseA press release dated July 24, 2026, titled "Rajoo Engineers Delivers Robust Q1 FY27 Performance Backed by Strong Execution and Healthy Global Demand"...
2026-07-24Investor PresentationInvestor Presentation
2026-07-20Board meeting outcomeRajoo Engineers Limited has submitted to the Exchange-Unaudited Consolidated and Standalone Financial Results of the Company for The first quarter end...
2026-06-30Change in ManagementChange in Management. For more details, kindly refer attached file.
2026-06-19Disclosure under SEBI TakeovKishor Nanalal Doshi has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) and 31 (5) of the Securities and Exchange Board of Indi...
2026-06-18Press ReleaseA press release dated Jun 18, 2026, titled "RAJOO ENGINEERS LTD. ADVANCES ITS MANUFACTURING EXCELLENCE THROUGH A MAJOR UPGRADE OF SHREE YANTRALAYA - T...
2026-05-29Change in ManagementRe-appointment of Directors
2026-05-29Shareholder meetingProceedings of Postal Ballot. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results.
2026-05-12AppointmentAppointment of Mr Kevin J. Dhruve as Company Secretary & Compliance Officer of the company w.e.f. May 12, 2026.
2026-05-07Investor PresentationInvestor Presentation
2026-05-07Press ReleaseA press release dated May 07, 2026, titled "Q4 & FY26 Media Release".
2026-04-30ResignationResignation of Mr Nikhil Vasantbhai Gajjar as Company Secretary & Compliance Officer of the company w.e.f. April 30, 2026.
2026-04-29Shareholder meetingNotice of Postal Ballot dated April 28, 2026
2026-04-28ResignationResignation of Director/KMP/SMP
2026-04-28ResignationResignation of Director/KMP/SMP
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Rajoo Engineers Ltd?

Rajoo Engineers Ltd (RAJOOENG) has a market capitalisation of Rs 951 Cr. at the 2026-10-01 close.

What is the P/E ratio of Rajoo Engineers Ltd?

Rajoo Engineers Ltd trades at a P/E of 19.6 on trailing twelve-month profit, at the 2026-10-01 close.

What were Rajoo Engineers Ltd's latest quarterly results?

In the Jun 2026 quarter, Rajoo Engineers Ltd sales was Rs 123 Cr (+44.7% vs Jun 2025) and net profit was Rs 17 Cr.

What is the 52-week high and low of Rajoo Engineers Ltd?

The 52-week high is Rs 95.06 and the 52-week low is Rs 46.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03