1. Is Rajesh Exports Ltd a good quality company?
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Rajesh Exports Ltd is a below average quality company.
2. Is Rajesh Exports Ltd undervalued or overvalued?
The key valuation ratios of Rajesh Exports Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
3. Is Rajesh Exports Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Rajesh Exports Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||14.3%||12.8%||8.6%||9%||9.6%||8.4%||6.8%||5.7%||6.7%||3.4%||-|
|Value Creation Index ⓘ||0.0||-0.1||-0.4||-0.4||-0.2||-0.4||-0.4||-0.6||-0.5||-0.8||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||21.7%||-24.6%||61.1%||1.8%||16.5%||-25.1%||26.8%||9.9%||-95.6%||-|
|Adj EPS ⓘ||14||15.3||7.7||8.9||16.1||15.6||14.9||15||13.7||3.4||6|
|YoY Gr. Rt. %||-||9.7%||-49.8%||16.3%||80.1%||-2.9%||-4.5%||0.5%||-9%||-75.5%||-|
|BVPS (₹) ⓘ||67.5||81.8||88.5||96.2||111.1||126.7||140.6||154.5||167.2||169.6||174.5|
|Adj Net Profit ⓘ||412||453||227||264||475||462||441||443||403||98.8||178|
|Cash Flow from Ops. ⓘ||-294||2,849||-2,629||3,788||722||1,596||-2,855||3,728||3,924||-10,147||-|
|Debt/CF from Ops. ⓘ||-11.1||1||-1.2||1||6.2||3.4||-3||1.6||0.2||-0.1||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||-14.7%||-27%||-39.3%||-75.5%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||23||20.5||9||9.7||15.5||13.2||11.2||10.2||8.5||2||3.5|
|Op. Profit Mgn % ⓘ||2.4||2.5||2.6||2||2||1.8||2.6||1.7||1.4||11.7||3.2|
|Net Profit Mgn % ⓘ||1.6||1.5||1||0.7||1.2||1||1.3||1||0.9||4.8||3.1|
|Debt to Equity ⓘ||1.6||1.1||1.2||1.4||1.4||1.5||2.1||1.3||0.2||0.1||-|
|Working Cap Days ⓘ||48||47||60||38||52||54||66||41||33||932||0|
|Cash Conv. Cycle ⓘ||-51||-48||-60||-38||-61||-64||-71||-52||-65||-1,021||0|
Debt to equity has declined versus last 3 years average to 0.14
Sales growth is good in last 4 quarters at 322.99%
Return on Equity has declined versus last 3 years average to 3.50%
Sales growth has been subdued in last 3 years -60.59%
Net Profit has been subdued in last 3 years -39.25%
|TTM EPS (₹)||6||39.4|
|TTM Sales (₹ Cr.)||5,709||2,21,844|
|BVPS (₹.) ⓘ||174.5||412.1|
|Reserves (₹ Cr.) ⓘ||5,123||12,137|
|From the Market|
|52 Week Low / High (₹)||514.00 / 994.50|
|All Time Low / High (₹)||1.70 / 994.50|
|Market Cap (₹ Cr.)||16,907|
|Equity (₹ Cr.)||29.5|
|Face Value (₹)||1|
|Industry PE ⓘ||77.1|
Rajesh Exports (REL) was incorporated in 1989. The company is a global leader in the Gold business. The company’s headquartered is in Bangalore, India with operations spread across the world. The only company in the world with presence across the entire value chain of Gold from refining to retailing. The company is among the largest processor of gold in the world. It is also one of the largest exporter of gold products from India. The company is among the lowest cost gold jewellery producer in the world. The company has world's finest gold products manufacturing and R&D facilities at various places, main facility being at Bangalore, India and the main refining facility being at Balerna, Switzerland. The company has extensive marketing network covering entire India and the major gold markets of the world. The company has one of the world's largest active jewellery design database. REL has developed several innovative technologies and processes in the manufacture of Jewellery. REL is a professionally managed company committed to the highest standards of corporate governance. The securities of REL are listed and traded in India on the NSE and BSE. REL securities are widely held, with some of the world's top institutions being the shareholders.
Business area of the company
The company is the largest Manufacturer of gold products in the world. The Company is also the largest refiner of gold in the world. The company exports its products to various countries around the world and also supplies its products in wholesale market and jewellery showrooms across India. It is the only Company with a presence across the value chain of gold from mining till its own retail brand. Rajesh Exports has set up many retail jewellery showrooms under the brand name of SHUBH Jewellers. SHUBH Jewellers is one of the most trusted household jewellery brand name in South India and is known for quality, designs and value for money prices of it products.
Subsidiaries of the company