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Raaj Medisafe India Ltd (524502)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 524502 NSE: Medical Equipment/Supplies/Accessories | Small Cap | Raaj Medisafe India Share Price

₹75.01 0.00 (0.00%)

As on 08-Jun'26 16:59

Raaj Medisafe India Ltd (524502)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 524502 NSE: Medical Equipment/Supplies/Accessories | Small Cap | Raaj Medisafe India Share Price

₹75.01 0.00 (0.00%)

As on 08-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹123 Cr.
Current Price
₹75
52-Week Low / High
₹64 / 102
TTM EPS
₹1.1
TTM Sales
₹80 Cr.
Book Value per Share
₹28.5
P/E Ratio
68.07
Higher than its 5-year historical median
Industry PE
109.4
Price to Book (P/B)
2.64
Lower than its 5-year historical median
Price to Sales (P/S)
1.54
Higher than its 5-year historical median
EV/EBITDA
14.14
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
32.48%
Outperforms industry median
Return on Capital Employed (ROCE)
15.05%
Underperforms industry median
Return on Assets (ROA)
11.21%
Operating Profit Margin
13.6%
Net Profit Margin
9.82%
Gross Profit Margin
10.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
44.32%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
28.7%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
84.08%
Asset Quality
Promoter Holding
73.80%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹30 Cr.
Equity
₹16.4 Cr.
Face Value
₹10
All Time Low / High
₹0.25 / 122.60

Raaj Medisafe India stock performance

Key Ratios
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Check Before You Invest

Valuation

Fair

Price Trend

Weak
Q.1 Is Raaj Medisafe India Ltd a good quality company?
Raaj Medisafe India Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Raaj Medisafe India Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Raaj Medisafe India Ltd vs industry peers?
Raaj Medisafe India Ltd revenue CAGR is 23.42%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Raaj Medisafe India Ltd?
Promoters hold 73.80% of the Raaj Medisafe India Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Raaj Medisafe India Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 29% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Raaj Medisafe India Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % -14%-8.3%-21%-24.8%16.3%27%28.3%24.2%19.6%15.1%-
Value Creation
Index
NANANANANA0.91.00.70.40.1-

Growth Parameters

Sales 1.83.944.821.831.834.738.643.362.480
Sales YoY Gr.-118.9%2.3%19.1%354.2%45.9%9.1%11.3%12%44.3%-
Adj EPS -2.1-1.7-2.8-3.5-0.62.12.7334.61.1
YoY Gr.-NANANANANA28.9%11.8%0%52.6%-
BVPS (₹) -8.1-9.8-12.6-15.8-14.213.86.99.920.428.5
Adj Net
Profit
-1.1-0.9-1.4-1.8-0.32.333.33.36.12
Cash Flow from Ops. 0.1-0.2-0-1.4-12.22.50.24.3-0.1-
Debt/CF from Ops. 53.1-39.7-976.4-8.5-11.65.95.389.76.1-397.4-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 48.3%23.4%21.6%44.3%
Adj EPS NANA19.5%52.6%
BVPSNANA75%105.4%
Share Price 25.9% 38.9% 27.6% -1.3%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
30.819.224.924.86.2-3968.211457.136.332.54.5
Op. Profit
Mgn %
-17-2.3-10.2-16.86.912.814.714.515.313.714.7
Net Profit
Mgn %
-59.8-21.7-34.6-36.8-1.37.38.68.67.79.82.3
Debt to
Equity
-1.9-1.9-1.5-1.5-1.712.33.12.12.41.30.8
Working Cap
Days
23113713212367809312115116688
Cash Conv.
Cycle
-34-38-270284668971191047

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales2445223235394362
Operating Expenses + 2446202830333754
Manufacturing Costs0111222224
Material Costs1223152223272944
Employee Cost 0111223334
Other Costs 0001111122
Operating Profit -0-0-0-1245679
Operating Profit Margin (%) -17.0%-2.3%-11.4%-16.8%6.9%12.8%14.7%14.5%15.3%13.6%
Other Income + 0000000000
Exceptional Items -0-000-0-00-000
Interest 1111111122
Depreciation 0000111111
Profit Before Tax -1-1-1-2034445
Tax 000000101-1
Profit After Tax -1-1-1-2-023336
PAT Margin (%) -60.0%-21.1%-35.4%-33.2%-1.3%7.2%8.7%8.6%7.7%9.8%
Adjusted EPS (₹)-2.2-1.7-2.9-3.2-0.62.12.83.13.14.7
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Raaj Medisafe India - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + -4-5-6-8-71471127
Share Capital 555551111111113
Reserves -9-10-11-13-12-10-7-3-014
Debt +89912121313162635
Long Term Debt7881089571414
Short Term Debt011245891220
Minority Interest0000000000
Trade Payables1121210114
Others Liabilities 0000712242
Total Liabilities 5655141720264168

Fixed Assets

Net Fixed Assets +433377991123
Gross Block5566131416161933
Accumulated Depreciation12226678910
CWIP 01000202109
Investments 0000000000
Inventories0111123788
Trade Receivables10115557817
Cash Equivalents 0000000000
Others Assets 10001122412
Total Assets 5655141720264168

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 0-0-0-1-12204-0
PBT -1-1-1-2-134445
Adjustment 1111112223
Changes in Working Capital 0-00-1-1-2-3-5-2-8
Tax Paid 0000000-1-1-1
Cash Flow From Investing Activity + -1-10-0-0-3-1-2-13-16
Capex -1-10-0-0-3-1-2-12-13
Net Investments 0000000000
Others 00000000-1-3
Cash Flow From Financing Activity + -01-0111-11917
Net Proceeds from Shares 00000000010
Net Proceeds from Borrowing 010221-3171
Interest Paid -1-1-1-1-1-1-1-1-2-2
Dividend Paid 0000000000
Others 0100012138
Net Cash Flow -00-0-0-0-00-000

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)N/AN/AN/AN/AN/A0115.4157.2136.3232.48
ROCE (%)N/AN/AN/AN/AN/A27.0328.3324.2419.5815.05
Asset Turnover Ratio0.380.810.850.952.352.131.951.71.291.14
PAT to CFO Conversion(x)N/AN/AN/AN/AN/A10.6701.33-0
Working Capital Days
Receivable Days63.8041.104759.5045.8054.5053.6058.1062.2071.90
Inventory Days36.4047.4059.8046.2011.9013.602445.9063.6048.60
Payable Days301.50235.70243.80173.7039.902812.908.209.3020.90

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Raaj Medisafe India Ltd FAQs

The current trading price of Raaj Medisafe India on 08-Jun-2026 16:59 is ₹75.01.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 07-Jun-2026 the market cap of Raaj Medisafe India stood at ₹123.2 Cr

The latest P/E ratio of Raaj Medisafe India as of 07-Jun-2026 is 68.07.

The latest P/B ratio of Raaj Medisafe India as of 07-Jun-2026 is 2.64.

The 52-week high of Raaj Medisafe India is ₹102.3 and the 52-week low is ₹64.08.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Raaj Medisafe India is ₹80.02 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Raaj Medisafe India Ltd is a below average quality company.

The key valuation ratios of Raaj Medisafe India Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Raaj Medisafe India Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Raaj Medisafe India Ltd

Raaj Medisafe India is a venture of packaging people group. The group is dealing with the heads of pharma & hygiene sector since 20 years with many topmost brands across the globe. The company’s impressive industry spreads in 27,000 sqm. area at Pithampur Industrial Area in Madhya Pradesh. Its moto is to produce best quality products to give 100% hygienic and infection free products in Hospitals, Nursing Homes, Spas etc. Its product range is produced with world class technologies and on fully automatic machines. There is no human touch on product, and entire process is carried out in clean room environment.

Business area of the company

The company deals in wide range of personal and hospital hygiene related products like disposable bed sheets, pillow covers, stretcher sheets, under pads, sanitary napkins, panty liners, baby diapers & adult diapers, etc.

Products:

  • Medisafe Underpads
  • Medisafe Stretcher Sheet
  • Medisafe Disposable Pilow Cover
  • Medisafe Disposable Bed Sheet
  • Surgical Gowns
  • Reinforced Surgical Gowns
  • Wrap Around Surgical Gowns
  • Patient Gowns
  • Surgical Drapes of different sizes
  • SMS Mask
  • Ear Loop Mask
  • Tie on Mask
  • Bouffant Cap
  • Surgeon Cap
  • Shoe Cover
  • Sanitary Napkin
  • Panty Liners
  • Panty Liners
  • Adult Diapers
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