RAJOOENGIndustrials

Rajoo Engineers Limited

Industrial Products · ISIN INE535F01024 · BSE 522257 · NSE EQ · FV ₹1
Last price
₹56
+1.48%today
What this company does

Rajoo Engineers Limited operates in Industrial Products, part of the Industrials sector. It booked ₹102 cr of revenue in its latest quarter (Q2 FY27) and kept 8.6% of sales as profit.

In the report:
63out of 100
Equitytale Health Score
Mixed

Healthier than 63% of companies in Industrials, on the 5 of 6 measures we could read for it. Each measure is ranked against the 227–284 companies that reported it.

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

Price momentum
neutral
RSI (14)
51

At close. Not part of the score.

Profitability & returns54

How much profit it earns on the money it employs

Balance sheet73

How much it owes, and whether earnings cover the interest

Cash quality69

Whether reported profit actually arrives as cash

Valuation37

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

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 10% vs last year
✓ Promoters hold 61%
✓ No promoter shares pledged
✓ Virtually debt-free
✓ Turns profit into real cash
Watch-outs
! Profit down 38% vs last year

What if I invest in RAJOOENG?

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 5% a year, it would become
₹15.50 lakh

The slider starts at 5%, taken from a generic assumption, not this company's history. 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 We do not publish price targets or predict returns.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
₹56▲ +1.48%
latest close · 2026-11-04
52-wk low ₹4774 sessions so far52-wk high ₹67
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 ratio28.7Average
LowAverageHigh
P/B ratio2.75Moderate
Below bookModerateHigh
EV / EBITDA18.8High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity9.6%Fair
WeakFairStrong ▸15%
Return on capital11.3%Fair
WeakFairStrong
Net margin8.6%Decent
ThinDecentStrong
EBITDA margin13.3%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.06Comfortable
LowModerateHigh ▸1
Interest cover17.5×Strong
RiskyOkayStrong ▸5×
Current ratio1.31Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹1,006 cr
Book value
₹21
EPS
₹0.49
latest quarter
Net debt
₹14 cr
owes more than its cash
Enterprise value
₹1,020 cr
EBITDA
₹54 cr
annualised
EBIT
₹45 cr
annualised
Operating margin
11.1%
Return on assets
4.5%
Earnings yield
3.48%
P/S
2.47
Sales / share
₹22.8
Tax rate
26.5%
Face value
₹1
Shares
17.9 cr
Working capital
₹120 cr
Current assets
₹500 cr
Current liabilities
₹380 cr
Delivery %
47.5%
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 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.
Models span ₹20–₹20, midpoint ₹20

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 · Q2 FY27 (consolidated)
Revenue from Operations₹102 cr
Other Income₹4 cr
Total Income₹106 cr
Cost of Materials₹88 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-17 cr
Employee Benefit Expense₹9 cr
Finance Costs₹64.5 L
Depreciation & Amortisation₹2 cr
Other Expenses₹12 cr
Total Expenses₹95 cr
Profit before Tax₹11 cr
Tax Expense₹3 cr
Share of JV / Associates₹42.3 L
Net Profit₹8 cr
Net margin on total income7.8%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹71 cr67.0%
Employee benefit expense₹9 cr8.5%
Finance costs₹64.5 L0.6%
Depreciation & amortisation₹2 cr2.1%
Other expenses₹12 cr11.3%
Tax expense₹3 cr2.7%
Profit for the period₹8 cr7.8%
Total income ₹106 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue79 cr123 cr102 cr
Total income82 cr126 cr106 cr
Expenses80 cr104 cr95 cr
Profit before tax2 cr22 cr11 cr
Tax77.4 L5 cr3 cr
Net profit (owners' share)2 cr16 cr9 cr
Net margin (owners' share, on revenue)2.1%12.6%8.6%
EPS (₹)0.090.870.49
YoY (latest quarter): total income +10.1% · net profit -38.3%
Balance sheet & cash flow · as of Sep 2026
Low debt
Total assets
₹781 cr
Shareholder equity
₹366 cr
parent shareholders
Total debt
₹21 cr
Cash
₹7 cr
Cash flow · H1 FY27
Operating
₹19 cr
Investing
₹-22 cr
Financing
₹-6 cr
Peer comparison
Industrial Products · by market value
CompanyPriceMarket capP/E
INDO-MIM Limited₹1,204₹58,282 cr60.7
Aditya Infotech Limited₹3,881₹45,739 cr80.4
Syrma SGS Technology Limited₹1,491₹28,718 cr61.3
Honeywell Automation India Limited₹29,070₹25,582 cr48.1
Jyoti CNC Automation Limited₹967₹21,999 cr75.8
Kaynes Technology India Limited₹3,239₹21,713 cr96.2
LMW Limited₹16,927₹18,078 cr63.5
Tega Industries Limited₹1,700₹12,769 cr—
LLOYDS ENGINEERING WORKS LIMITED₹80₹12,353 cr52.4
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.27%
trailing 12 months
Dividend / share (TTM)
₹0.15
Last dividend
₹0.15
ex 22 Sep 2026
ActionDetailEx-date
Dividend₹0.15 / share22 Sep 2026
Dividend₹0.15 / share19 Sep 2025
Bonus issue3:12 Dec 2024
Dividend₹0.13 / share20 Sep 2024
Bonus issue1:18 Aug 2024
BuybackBuy Back of Shares31 Jan 2024
Who owns it · 2026-09-30
No pledge
Promoter
60.7%
FII / Foreign
1.3%
DII / Domestic
0.6%
Retail / others
37.5%
Promoter stake down 5.4% over the last 8 quarters.
Smart-money activity
Insider trades
SoldZALAVADIA JAYANTILAL TAPUBHAI HUF · Other2,000 · ₹1.1 L17 Mar 26
BoughtZALAVADIA JAYANTILAL TAPUBHAI HUF · Other1,000 · ₹64,14011 Dec 25
BoughtZALAVADIA JAYANTILAL TAPUBHAI HUF · Other1,000 · ₹64,30010 Dec 25
Bulk / block deals
BoughtNK SECURITIES RESEARCH PRIVATE LIMITED · NSE10.99 L @ ₹77.966 Jan 26
SoldNK SECURITIES RESEARCH PRIVATE LIMITED · NSE10.99 L @ ₹77.996 Jan 26
SoldJUNOMONETA FINSOL PRIVATE LIMITED · NSE12.64 L @ ₹77.666 Jan 26
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 · 29 Sep 2026
See the official result
1
Adoption of Audited Standalone & Consolidated Financial Statements
Backed by 100% of shareholders other than promotersneeded 50%
5.13 L votes for, 640 against · 0% of mutual funds and other big investors said no
2
Declaration of Final Dividend for FY 2025-26
Backed by 100% of shareholders other than promotersneeded 50%
5.13 L votes for, 707 against · 0% of mutual funds and other big investors said no
3
Appointment of a Director retiring by rotation [Ms. Khushboo Chandrakant Doshi, (DIN: 00025581)]
Backed by 99% of shareholders other than promotersneeded 50%
5.09 L votes for, 5,427 against · 0% of mutual funds and other big investors said no
4
Appointment of a Director retiring by rotation [Mr. Utsav Kishorbhai Doshi (DIN: 00174486)]
Backed by 99% of shareholders other than promotersneeded 50%
5.10 L votes for, 4,427 against · 0% of mutual funds and other big investors said no

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 — 14 named members
owning 60.7% between them · as of 2026-09-30
Rajesh Nanalal Doshi11.12%
Devyani C Doshi9.18%
Khushboo Doshi7.26%
Pallav Kishorbhai Doshi7.20%
Nita Kishor Doshi5.80%
Utsav Kishorkumar Doshi4.80%
Kruti Rajeshbhai Doshi4.69%
Karishma Rajesh Doshi4.38%

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.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹160 cr raised in Jul 2025 by selling shares to large investors

The company has not broken this money down into purposes in its filing for Sep 2025, so there is nothing to measure it against yet. Care Ratings Limited watches the spending on the exchange’s behalf.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

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