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Rajesh Exports

  • Market Cap: Mid Cap
  • Industry: Diamond & Gold Jewellery
  • ISIN: INE343B01030
  • NSEID: RAJESHEXPO
  • BSEID: 531500
INR
186.60
4.3 (2.36%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 3.69 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

3.69 lacs (-51.03%) Volume

Shareholding (Sep 2024)

FII

14.81%

Held by 129 FIIs

DII

11.09%

Held by 11 DIIs

Promoter

54.55%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Operating profit has grown by an annual rate -148.84% of over the last 5 years

 
2

Flat results in Sep 24

3

Stock is technically in a Mildly Bearish range

4

Risky - Negative Operating Profits

5

Consistent Underperformance against the benchmark over the last 3 years

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Diamond & Gold Jewellery

stock-summary
Market cap

INR 5,510 Cr (Mid Cap)

stock-summary
P/E

141.00

stock-summary
Industry P/E

70

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-0.12

stock-summary
Return on Equity

0.25%

stock-summary
Price to Book

0.35

Revenue and Profits (1 Year):
Net Sales:
66,924 Cr
(Quarterly Results - Sep 2024)
Net Profit:
46 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-35.83%
0%
-35.83%
1 Year
-38.53%
0%
-38.53%
2 Years
-69.88%
0.17%
-69.71%
3 Years
-71.14%
0.34%
-70.8%
4 Years
-64.1%
0.58%
-63.52%
5 Years
-69.61%
0.79%
-68.82%

Latest dividend: 1 per share ex-dividend date: Dec-22-2023

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
8.86%
EBIT Growth (5y)
-148.84%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
13.14
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
19.02
Tax Ratio
45.80%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
25.90%
ROCE (avg)
-6.13%
ROE (avg)
6.69%
Valuation key factors
Factor
Value
P/E Ratio
141
Industry P/E
70
Price to Book Value
0.35
EV to EBIT
-92.24
EV to EBITDA
600.72
EV to Capital Employed
0.26
EV to Sales
0.01
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-0.28%
ROE (Latest)
0.25%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
No Trend
Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Sep 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 11 Schemes (0.14%)

FIIs

Held by 129 FIIs (14.81%)

Promoter with highest holding

Rajesh Jasvantrai Mehta (29.97%)

Highest Public shareholder

Life Insurance Corporation Of India (10.8%)

Individual Investors Holdings

13.13%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Sep'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Sep 2024 is 10.88% vs -34.00% in Jun 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Sep 2024 is 284.15% vs 137.57% in Jun 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Jun'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "66,923.67",
          "val2": "60,355.50",
          "chgp": "10.88%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "76.56",
          "val2": "37.32",
          "chgp": "105.14%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "32.35",
          "val2": "30.12",
          "chgp": "7.40%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "45.56",
          "val2": "11.86",
          "chgp": "284.15%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.11%",
          "val2": "0.06%",
          "chgp": "0.05%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 2.85% vs -4.63% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -83.81% vs -44.99% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,27,279.17",
          "val2": "1,23,754.50",
          "chgp": "2.85%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "113.89",
          "val2": "384.45",
          "chgp": "-70.38%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "62.47",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "57.42",
          "val2": "354.67",
          "chgp": "-83.81%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.09%",
          "val2": "0.31%",
          "chgp": "-0.22%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'23",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2023 is -15.61% vs 42.54% in Dec 2022",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2023 is -65.57% vs 22.55% in Dec 2022",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'23",
        "Dec'22",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,89,231.39",
          "val2": "2,24,241.46",
          "chgp": "-15.61%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "440.90",
          "val2": "1,172.70",
          "chgp": "-62.40%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "44.58",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "367.10",
          "val2": "1,066.26",
          "chgp": "-65.57%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.23%",
          "val2": "0.52%",
          "chgp": "-0.29%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -17.37% vs 39.72% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -76.57% vs 42.01% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,80,676.35",
          "val2": "3,39,689.51",
          "chgp": "-17.37%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "328.33",
          "val2": "1,635.77",
          "chgp": "-79.93%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "138.95",
          "val2": "80.95",
          "chgp": "71.65%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "335.53",
          "val2": "1,432.28",
          "chgp": "-76.57%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.12%",
          "val2": "0.48%",
          "chgp": "-0.36%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Sep'24 - QoQstock-summary
Sep'24
Jun'24
Change(%)
Net Sales
66,923.67
60,355.50
10.88%
Operating Profit (PBDIT) excl Other Income
76.56
37.32
105.14%
Interest
32.35
30.12
7.40%
Exceptional Items
0.00
0.00
Consolidate Net Profit
45.56
11.86
284.15%
Operating Profit Margin (Excl OI)
0.11%
0.06%
0.05%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Sep 2024 is 10.88% vs -34.00% in Jun 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Sep 2024 is 284.15% vs 137.57% in Jun 2024

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
1,27,279.17
1,23,754.50
2.85%
Operating Profit (PBDIT) excl Other Income
113.89
384.45
-70.38%
Interest
62.47
0.00
Exceptional Items
0.00
0.00
Consolidate Net Profit
57.42
354.67
-83.81%
Operating Profit Margin (Excl OI)
0.09%
0.31%
-0.22%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 2.85% vs -4.63% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -83.81% vs -44.99% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'23stock-summary
Dec'23
Dec'22
Change(%)
Net Sales
1,89,231.39
2,24,241.46
-15.61%
Operating Profit (PBDIT) excl Other Income
440.90
1,172.70
-62.40%
Interest
44.58
0.00
Exceptional Items
0.00
0.00
Consolidate Net Profit
367.10
1,066.26
-65.57%
Operating Profit Margin (Excl OI)
0.23%
0.52%
-0.29%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2023 is -15.61% vs 42.54% in Dec 2022

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2023 is -65.57% vs 22.55% in Dec 2022

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
2,80,676.35
3,39,689.51
-17.37%
Operating Profit (PBDIT) excl Other Income
328.33
1,635.77
-79.93%
Interest
138.95
80.95
71.65%
Exceptional Items
0.00
0.00
Consolidate Net Profit
335.53
1,432.28
-76.57%
Operating Profit Margin (Excl OI)
0.12%
0.48%
-0.36%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -17.37% vs 39.72% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is -76.57% vs 42.01% in Mar 2023

stock-summaryCompany CV
About Rajesh Exports Ltd. stock-summary
stock-summary
Rajesh Exports Ltd.
Mid Cap
Diamond & Gold Jewellery
Rajesh Exports Limited (REL) is the world's largest gold company and world's only fully integrated entity across the entire value chain of gold from mining till its own retail brand. Rajesh Exports processes about 35% of gold produced in the world. The company is the largest refiner of gold in the world with a total capacity to refine 2,400 tons of precious metals per annum. Rajesh Exports ltd. is also the largest manufacturer of gold products in the world.
Company Coordinates stock-summary
Company Details
No 4 Batavia Chambers, Kumara Krupa Rd Kumara Park(E) Bangalore Karnataka : 560001
stock-summary
Tel: 91-80-22266735
stock-summary
compsect@rajeshindia.com
Registrar Details
SKDC Consultants Ltd , Kanapathy Towers, 3rd Floor, Ganapathy, Coimbatore