ARENTERP
Rajdarshan Industries financials
- Market cap
- ₹10 Cr
- Sector
- Metals & Mining
What Rajdarshan Industries Limited does
Rajdarshan Industries Limited trades quartz grit, powder and other consumables on a commission basis; per its own annual report it carried out no manufacturing activity during the year. Its commission trading is conducted mainly with related party Madhav Surfaces (FZC) LLC, an Oman-incorporated manufacturer and processor of engineered stone. The company holds no subsidiaries or joint ventures, but has one associate company, Rupal Holdings Private Limited.
Segments
- Trading of quartz grit, powder & consumables
- Permanent employees
- 3
- Manufacturing activity
- None (pure trading/commission business; no plants or capacity reported)
- Associate companies
- 1 (Rupal Holdings Private Limited)
- Subsidiaries / joint ventures
- None
- Key related-party trading partner
- Madhav Surfaces (FZC) LLC, Sultanate of Oman (engineered-stone manufacturer)
Quarterly results
Q1 FY27: revenue up 0.0%, net profit up 50.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 −76% | 0 | 0 +57% | 0 +0% |
| EBITDA | -0 | -0 | -0 | -0 | -0 −33% | -0 +29% | -0 +41% | -0 +0% |
| Net profit | 0 | -0 | -0 | 0 | -0 −133% | 0 +212% | -0 −52% | 0 +50% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −28.0% 1Y
1Y: ₹46.32 on 10 Sept 2025 → ₹33.34. High ₹59.41 (4 Dec 2025), low ₹31.27 (30 Mar 2026).
Financials, as filed
Revenue fell 39.9% a year over 2 years, FY24 to FY26. Operating margin narrowed to -50.9%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹2 Cr | ₹2 Cr | ₹1 Cr |
| Operating profit | ₹-0 Cr | ₹-0 Cr | ₹-0 Cr |
| Operating margin | -12.7% | -21.0% | -50.9% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹1 Cr | ₹0 Cr | ₹-0 Cr |
| Net margin | 46.2% | 14.6% | -31.6% |
| Cash from operations | ₹-0 Cr | ₹-1 Cr | ₹-0 Cr |
| Free cash flow | ₹-0 Cr | ₹-1 Cr | ₹-0 Cr |
| ROCE | 4.3% | 0.9% | 0.2% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹3 Cr |
| Reserves | ₹15 Cr | ₹18 Cr | ₹18 Cr | ₹18 Cr | ₹20 Cr | ₹17 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr |
| Other liabilities | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Total liabilities | ₹18 Cr | ₹22 Cr | ₹21 Cr | ₹22 Cr | ₹23 Cr | ₹21 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹7 Cr | ₹10 Cr | ₹9 Cr | ₹9 Cr | ₹10 Cr | ₹8 Cr |
| Other assets | ₹11 Cr | ₹12 Cr | ₹12 Cr | ₹13 Cr | ₹12 Cr | ₹12 Cr |
| Total assets | ₹18 Cr | ₹22 Cr | ₹21 Cr | ₹22 Cr | ₹23 Cr | ₹21 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 6% to 5,316.
- Promoters
- 63.7%
- DIIs
- 0.7%
- Government
- 0.1%
- Public
- 35.6%
Since Jun 2025
- Government +0.09 pp
- Public −0.08 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 63.7%, DIIs 0.7%, Public 35.7%.Dec '23: Promoters 63.7%, DIIs 0.7%, Public 35.7%.Mar '24: Promoters 63.7%, DIIs 0.7%, Public 35.7%.Jun '24: Promoters 63.7%, DIIs 0.7%, Public 35.7%.Sep '24: Promoters 63.7%, DIIs 0.7%, Public 35.7%.Dec '24: Promoters 63.7%, DIIs 0.7%, Public 35.6%.Mar '25: Promoters 63.7%, DIIs 0.7%, Public 35.6%.Jun '25: Promoters 63.7%, DIIs 0.7%, Public 35.7%.Sep '25: Promoters 63.7%, DIIs 0.7%, Public 35.7%.Dec '25: Promoters 63.7%, DIIs 0.7%, Public 35.7%.Mar '26: Promoters 63.7%, DIIs 0.7%, Government 0.1%, Public 35.6%.Jun '26: Promoters 63.7%, DIIs 0.7%, Government 0.1%, Public 35.6%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Rajdarshan Industries Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Aruna Doshi | 40.09% | unchanged |
| Madhav Doshi | 8.25% | unchanged |
| Mumal Marketing Private Limited | 5.92% | unchanged |
| Adheeraj Trade Links Private Limited | 3.45% | unchanged |
| Mumal Kanthed | 3.04% | unchanged |
| Emerald Construction Company Private Limited | 2.71% | unchanged |
| Mahendra Girdharilal | 1.18% | unchanged |
| Prema Doshi | 0.20% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Rajdarshan Industries Limited
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