1. Is Rajoo Engineers Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Rajoo Engineers Ltd is a average quality company.
2. Is Rajoo Engineers Ltd undervalued or overvalued?
The key valuation ratios of Rajoo Engineers Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
3. Is Rajoo Engineers Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Rajoo Engineers 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 % ⓘ||4.5%||10.2%||15.6%||12.2%||14.8%||20.6%||11.9%||3.7%||14.1%||16.6%||-|
|Value Creation Index ⓘ||-0.7||-0.3||0.1||-0.1||0.1||0.5||-0.2||-0.7||0.0||0.2||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||11.4%||15.6%||-8.6%||4.2%||30.5%||-15.8%||-23.7%||62.8%||13.2%||-|
|Adj EPS ⓘ||0.3||0.6||0.9||0.8||1.1||2||1.3||0.2||1.7||2.3||2.2|
|YoY Gr. Rt. %||-||114.3%||50%||-10%||33.3%||83.3%||-34.9%||-81.4%||604.2%||38.5%||-|
|BVPS (₹) ⓘ||7.1||5.3||5.9||6.3||7.5||9.8||10.7||11||12.8||15.3||15.5|
|Adj Net Profit ⓘ||1||3.5||5.2||4.7||6.3||12.2||7.9||1.5||10.4||14.4||13|
|Cash Flow from Ops. ⓘ||1.3||13.7||2.3||17.1||8.5||14.3||-9.4||22.4||15.5||20.2||-|
|Debt/CF from Ops. ⓘ||14.7||0||1.9||0.4||0.8||1||-2||0.4||0.2||0||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||26.6%||16.7%||22%||38.5%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||4||12.2||16.1||13.3||15.7||23.5||12.6||2.2||14.3||16.7||14.2|
|Op. Profit Mgn % ⓘ||4.9||7.5||9||9.2||11.1||14.5||11.6||7.8||12.3||12.2||11.7|
|Net Profit Mgn % ⓘ||1.1||3.4||4.5||4.4||5.6||8.4||6.5||1.6||6.8||8.4||8.8|
|Debt to Equity ⓘ||0.7||0||0.1||0.2||0.2||0.3||0.3||0.1||0||0||0|
|Working Cap Days ⓘ||167||149||128||136||160||185||237||311||199||163||342|
|Cash Conv. Cycle ⓘ||68||61||42||34||34||59||92||147||90||78||152|
Return on Equity has increased versus last 3 years average to 14.20%
Sales growth is growing at healthy rate in last 3 years 12.05%
Net Profit is growing at healthy rate in last 3 years 21.96%
Sales growth is not so good in last 4 quarters at -11.74%
|TTM EPS (₹)||2.2||2.6|
|TTM Sales (₹ Cr.)||154||191|
|BVPS (₹.) ⓘ||15.5||16.1|
|Reserves (₹ Cr.) ⓘ||89||93|
|From the Market|
|52 Week Low / High (₹)||21.30 / 44.90|
|All Time Low / High (₹)||0.38 / 62.50|
|Market Cap (₹ Cr.)||174|
|Equity (₹ Cr.)||6.2|
|Face Value (₹)||1|
|Industry PE ⓘ||21.8|
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 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: