The 5-year analysis of Rajoo Engineers Ltd's performance infers:
We analysed the performance of Rajoo Engineers Ltd share prices over the last 10 years. Here is what we found out:
Rajoo Engineers, having made a modest beginning in 1986, has emerged as an undisputed global player in blown film and sheet extrusion lines. Inspired by a unique blend of spiritual professionalism and technological prowess, the company has become major supplier of world class machines at affordable prices.
The company entered into development of various extrusion systems and delivered its first PPTQ film plant in 1988. And since then, never looked back, continuing to add one after the
The company entered into development of various extrusion systems and delivered its first PPTQ film plant in 1988. And since then, never looked back, continuing to add one after the another extrusion line into its product range consistently.
The company made an initial public offering in 1994 and received an overwhelming response from the capital market culminating in over-subscription by about 24 times, which by itself is a record in the Asian Plastic Machinery Manufacturing Industry.
It is a fact that none of their customers have ever gone sick. It is also a fact that all the customers when expanding or diversifying, have repeatedly ordered for their machines which is an ample proof of customer satisfaction. Repeat orders contribute to more than 60% of company's sales.
The company enjoys the largest market share of blown film lines, sheet lines and thermoformers on the Indian sub-continent. Leadership amongst the Asian manufacturers of such equipments is undisputedly established.
The exports constitute over 60% of its total sales. The company now enjoys successful and satisfied customer base across the globe. CE compliant machines have been sold into Germany and also to U.K. and U.S.A., a major break-through, supplying to the very source of such machines.
The company's machines also operate from as far as in, Colombia, Ecuador and Mexico in Latin America, Kenya, Tanzania, Sudan and Uganda in East Africa, Ghana and Nigeria in West Africa, Angola, Lesotho, Namibia and Zambia in South Africa, Iran, Kuwait, and U.A.E. in the Gulf. Closer home, the company has witnessed growth of satisfied customers in Bangladesh, Japan, Malaysia, Nepal, Pakistan, Papua New Guinea, Russia, Sri Lanka, Thailand and Vietnam.
Product range of the company includes:
The company is engaged in the design and manufacture of an impressive range of blown film lines, sheet lines and thermo formers: