RAJOOENG
Rajoo Engineers share price & financials
- Price
- ₹55.44
- Market cap
- ₹986 Cr
- Sector
- Capital Goods
Quarterly results
Q1 FY27: revenue down 9.4%, net profit down 7.1% 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 | 57 | 56 | 90 | 85 | 92 +61% | 75 +34% | 47 −48% | 77 −9% |
| EBITDA | 9 | 11 | 18 | 19 | 19 +111% | 17 +55% | 1 −94% | 15 −21% |
| Net profit | 7 | 9 | 14 | 14 | 14 +100% | 14 +56% | 1 −93% | 13 −7% |
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 −44.4% 1Y
1Y: ₹99.26 on 10 Sept 2025 → ₹55.19. High ₹99.52 (16 Sept 2025), low ₹46.68 (30 Mar 2026).
Financials, as filed
Revenue grew 23.1% a year over 3 years, FY23 to FY26. Operating margin widened to 18.7%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹160 Cr | ₹198 Cr | ₹254 Cr | ₹299 Cr |
| Operating profit | ₹13 Cr | ₹27 Cr | ₹45 Cr | ₹56 Cr |
| Operating margin | 8.4% | 13.6% | 17.7% | 18.7% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr |
| Depreciation | ₹4 Cr | ₹4 Cr | ₹4 Cr | ₹4 Cr |
| Net profit | ₹10 Cr | ₹19 Cr | ₹35 Cr | ₹43 Cr |
| Net margin | 6.5% | 9.6% | 13.8% | 14.4% |
| Cash from operations | ₹19 Cr | ₹1 Cr | ₹71 Cr | ₹66 Cr |
| Free cash flow | ₹18 Cr | ₹-11 Cr | ₹58 Cr | ₹33 Cr |
| ROCE | 12.0% | 24.0% | 35.0% | 24.0% |
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 | ₹6 Cr | ₹6 Cr | ₹6 Cr | ₹6 Cr | ₹18 Cr | ₹18 Cr |
| Reserves | ₹72 Cr | ₹88 Cr | ₹96 Cr | ₹113 Cr | ₹309 Cr | ₹314 Cr |
| Borrowings | ₹3 Cr | ₹0 Cr | ₹2 Cr | ₹2 Cr | ₹18 Cr | ₹10 Cr |
| Other liabilities | ₹64 Cr | ₹57 Cr | ₹70 Cr | ₹99 Cr | ₹267 Cr | ₹250 Cr |
| Total liabilities | ₹146 Cr | ₹151 Cr | ₹174 Cr | ₹220 Cr | ₹612 Cr | ₹592 Cr |
| Fixed assets | ₹41 Cr | ₹38 Cr | ₹37 Cr | ₹42 Cr | ₹177 Cr | ₹68 Cr |
| Capital work in progress | ₹2 Cr | ₹3 Cr | ₹3 Cr | ₹5 Cr | ₹10 Cr | ₹13 Cr |
| Investments | ₹2 Cr | ₹13 Cr | ₹11 Cr | ₹4 Cr | ₹50 Cr | ₹177 Cr |
| Other assets | ₹102 Cr | ₹97 Cr | ₹124 Cr | ₹168 Cr | ₹376 Cr | ₹334 Cr |
| Total assets | ₹146 Cr | ₹151 Cr | ₹174 Cr | ₹220 Cr | ₹612 Cr | ₹592 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
Since Jun 2025, promoters trimmed −5.43 pp while the public added +3.70 pp. The shareholder count grew 34% to 67,302.
- Promoters
- 60.7%
- FIIs
- 1.2%
- DIIs
- 0.5%
- Public
- 37.5%
Since Jun 2025
- Promoters −5.43 pp
- Public +3.70 pp
- FIIs +1.19 pp
How it drifted, 12 quarters
Over this window promoters fell from 66.3% to 60.7% — −5.6 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 66.3%, Public 33.7%.Dec '23: Promoters 66.5%, FIIs 0.5%, Public 33.0%.Mar '24: Promoters 66.6%, FIIs 0.4%, Public 33.1%.Jun '24: Promoters 66.6%, FIIs 0.3%, Public 33.2%.Sep '24: Promoters 66.6%, FIIs 0.2%, Public 33.3%.Dec '24: Promoters 66.4%, FIIs 0.0%, Public 33.6%.Mar '25: Promoters 66.4%, FIIs 0.1%, Public 33.5%.Jun '25: Promoters 66.1%, FIIs 0.0%, Public 33.8%.Sep '25: Promoters 60.7%, FIIs 2.3%, DIIs 2.1%, Public 35.0%.Dec '25: Promoters 60.7%, FIIs 1.8%, DIIs 1.0%, Public 36.6%.Mar '26: Promoters 60.7%, FIIs 1.7%, DIIs 0.8%, Public 36.9%.Jun '26: Promoters 60.7%, FIIs 1.2%, DIIs 0.5%, Public 37.5%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Rajoo Engineers Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Rajesh Nanalal Doshi | 11.12% | unchanged |
| Devyani C Doshi | 9.18% | unchanged |
| Khushboo Doshi | 7.26% | unchanged |
| Pallav Kishorbhai Doshi | 7.20% | unchanged |
| Nita Kishor Doshi | 5.80% | unchanged |
| Utsav Kishorkumar Doshi | 4.80% | unchanged |
| Kruti Rajeshbhai Doshi | 4.69% | unchanged |
| Karishma Rajesh Doshi | 4.38% | unchanged |
| Utkarsh Rajesh Doshi | 2.59% | unchanged |
| Kishor Nanalal Doshi | 2.15% | unchanged |
| Rajoo Engineers Limited Unclaimed Securities-Suspense Escrow Account | 1.61% | unchanged |
| Rajesh N Doshi Huf | 0.99% | 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.
What the price assumes
AttractiveTo justify its price of ₹55, this stock must grow earnings at 18% every year for 7 years. Our analysis caps realistic growth at ~50%. At that growth it is worth ₹254 — upside of 360%.
- Growth the price implies
- 18.4% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 56.7% a year
- net profit, FY23–FY26 · EPS 50.3%
- The gap
- -0.3 pp
- 360% downside if it only repeats history
Learn to analyse Rajoo Engineers Limited
Guides on how to read this kind of business and the numbers that matter.