RAJESHEXPOConsumer Discretionary

Rajesh Exports Limited

Gems, Jewellery And Watches · ISIN INE343B01030 · BSE 531500 · NSE BZ · FV ₹1
Last price
₹73
-4.31%today
What this company does

Rajesh Exports Limited operates in Gems, Jewellery And Watches, part of the Consumer Discretionary sector. It booked ₹2.40 L cr of revenue in its latest quarter (Q1 FY27) and kept 0.0% of sales as profit.

The Company is primarily exposed to market risk, credit risk and liquidity risk arising out of operations and the use of financial instruments.
In the report:
63out of 100
Equitytale Health Score
Mixed

Healthier than 63% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 187–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
oversold
RSI (14)
30

At close. Not part of the score.

Profitability & returns19

How much profit it earns on the money it employs

Balance sheet66

How much it owes, and whether earnings cover the interest

Cash quality88

Whether reported profit actually arrives as cash

Growth & consistency60

Whether sales and profit have grown, and how steadily

Valuation85

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 259% vs last year
Promoters hold 55%
No promoter shares pledged
Virtually debt-free
Turns profit into real cash
Watch-outs
! Thin 0.0% net margin
! Low 1.1% return on equity

What if I invest in RAJESHEXPO?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 0% a year, it would become
₹12.00 lakh

The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹73 -4.31%
latest close · 2026-09-17
1-year return
-87.6%
52-wk low ₹7352-wk high ₹995
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio11.5Low
LowAverageHigh
P/B ratio0.13Below book
Below bookModerateHigh
EV / EBITDA5.2Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity1.1%Weak
WeakFairStrong ▸15%
Return on capital1.2%Weak
WeakFairStrong
Net margin0.0%Thin
ThinDecentStrong
EBITDA margin0.0%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.06Comfortable
LowModerateHigh ▸1
Current ratio1.19Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹2,168 cr
Book value
₹585
EPS
₹1.59
latest quarter
Net debt
₹-715 cr
more cash than debt
Enterprise value
₹1,453 cr
EBITDA
₹281 cr
annualised
EBIT
₹219 cr
annualised
Operating margin
0.0%
Return on assets
0.5%
Earnings yield
8.66%
P/S
0.00
Sales / share
₹32,559.2
Tax rate
14.7%
Face value
₹1
Shares
29.5 cr
Working capital
₹4,328 cr
Current assets
₹27,642 cr
Current liabilities
₹23,314 cr
Delivery %
27.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹275₹275, midpoint ₹275

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹2.40 L cr
Other Income₹12 cr
Total Income₹2.40 L cr
Cost of Materials₹2.40 L cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-3 cr
Employee Benefit Expense₹61 cr
Finance Costs₹-57.9 L
Depreciation & Amortisation₹15 cr
Other Expenses₹18 cr
Total Expenses₹2.40 L cr
Profit before Tax₹55 cr
Tax Expense₹8 cr
Net Profit₹47 cr
Net margin on total income0.0%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹2.40 L cr99.9%
Employee benefit expense₹61 cr0.0%
Depreciation & amortisation₹15 cr0.0%
Other expenses₹18 cr0.0%
Tax expense₹8 cr0.0%
Profit for the period₹47 cr0.0%
Total income ₹2.40 L cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue2.35 L cr2.37 L cr2.40 L cr
Total income2.35 L cr2.37 L cr2.40 L cr
Expenses2.35 L cr2.37 L cr2.40 L cr
Profit before tax65 cr-40 cr55 cr
Tax-6 cr14 cr8 cr
Net profit (owners' share)71 cr-53 cr47 cr
Net margin (owners' share, on revenue)0.0%-0.0%0.0%
EPS (₹)2.42-1.811.59
YoY (latest quarter): total income +259.0% · net profit +3.0%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹40,893 cr
Shareholder equity
₹17,269 cr
parent shareholders
Total debt
₹1,016 cr
Cash
₹1,731 cr
Cash flow · H1 FY26
Operating
₹875 cr
Investing
₹-621 cr
Financing
₹-100 cr
Peer comparison
Gems, Jewellery And Watches · by market value
CompanyPriceMarket capP/E
Titan Company Limited₹4,841₹4.30 L cr60.4
Kalyan Jewellers India Limited₹581₹60,049 cr43.0
Thangamayil Jewellery Limited₹4,811₹14,953 cr43.9
Lalithaa Jewellery Mart Limited₹290₹14,519 cr17.5
BlueStone Jewellery and Lifestyle Limited₹831₹12,667 cr451.7
SKY GOLD AND DIAMONDS LIMITED₹793₹12,286 cr29.7
PC Jeweller Limited₹12₹11,992 cr13.4
P N Gadgil Jewellers Limited₹601₹8,158 cr19.4
Ethos Limited₹2,651₹7,093 cr63.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹1
ex 22 Dec 2023
ActionDetailEx-date
Dividend₹1 / share22 Dec 2023
Dividend₹1 / share22 Sep 2022
Dividend₹1 / share15 Dec 2021
Dividend₹1 / share23 Dec 2020
Dividend₹1 / share20 Sep 2019
Dividend₹1 / share19 Sep 2018
Who owns it · 2026-06-30
No pledge
Promoter
54.5%
FII / Foreign
12.6%
DII / Domestic
10.8%
Retail / others
22.0%
Promoter stake up 0.5% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtRAJESH MEHTA · -3.33 cr17 Feb 25
BoughtRAJESH JASVANTRAI MEHTA · Promoters2,000 · ₹9.5 L22 Mar 21
BoughtRAJESH JASVANTRAI MEHTA · Promoters5,000 · ₹24.3 L11 Jan 21
Bulk / block deals
short · NSE1,4195 Jan 26
short · NSE511 Jan 26
short · NSE10831 Dec 25
Stake changes
BoughtRajesh J Mehta · promoter→ 41.25% · 3.33 cr17 Feb 25
SoldMahesh Mehta · promoter→ 0.00% · 2.40 cr17 Feb 25
SoldMahesh Mehta · promoter→ 0.00% · 2.40 cr17 Feb 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 30 Dec 2025
See the official result
1
Approval of Consolidated and Standalone Financial Statements for the year ended 31st March 2025 as at that date together with the reports of the Directors and Auditors thereon
This filing does not break the votes down by shareholder group.
2
Approval of reappointment of of Mr. Rajesh Mehta, who retires by rotation
This filing does not break the votes down by shareholder group.
3
Approval of reappointment of appointment of Ms. Asha Mehta as an Independent Director
This filing does not break the votes down by shareholder group.

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 11 named members
owning 54.5% between them · as of 2026-06-30
Rajesh Jasvantrai Mehta41.25%
Prashant Jasvantrai Mehta12.59%
Leena Rajesh Mehta0.20%
Manisha P Mehta0.20%
Chandrika J Mehta0.15%
Jasvantrai F Mehta0.15%
Alpa Maheshbhai Mehtano shares
Bhavesh B Mehtano shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.