Rajesh Exports

  • Market Cap: Small Cap
  • Industry: Gems, Jewellery And Watches
  • ISIN: INE343B01030
  • NSEID: RAJESHEXPO
  • BSEID: 531500
INR
110.35
-1.8 (-1.6%)
BSENSE

Mar 13

BSE+NSE Vol: 2.17 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

2.17 lacs (-52.00%) Volume

Shareholding (Sep 2025)

FII

15.26%

Held by 111 FIIs

DII

0.00%

Held by 9 DIIs

Promoter

54.55%

Who are the top shareholders of the Rajesh Exports?

06-Jun-2025

The top shareholders of Rajesh Exports include Rajesh Jasvantrai Mehta with 29.97%, Life Insurance Corporation of India at 10.8%, and 133 foreign institutional investors holding 14.7%. Individual investors own 13.1%, and there are no pledged promoter holdings.

The top shareholders of Rajesh Exports include the promoters, with Rajesh Jasvantrai Mehta holding the largest share at 29.97%. Additionally, Life Insurance Corporation of India is the highest public shareholder, owning 10.8%. The company also has 11 mutual fund schemes collectively holding 0.17% and 133 foreign institutional investors (FIIs) holding 14.7%. Individual investors account for 13.1% of the shareholding. Notably, there are no pledged promoter holdings.

View full answer

What does Rajesh Exports do?

06-Jun-2025

Rajesh Exports Ltd. is the world's largest gold company, operating in the Gems, Jewellery, and Watches industry, with a recent net sales of ₹96,630 Cr and a net profit of ₹36 Cr as of December 2024. The company is fully integrated across the gold value chain and has a market capitalization of ₹5,892 Cr.

Overview:<BR>Rajesh Exports Ltd. is the world's largest gold company and operates in the Gems, Jewellery And Watches industry within the mid-cap market segment.<BR><BR>History:<BR>Rajesh Exports Ltd. was incorporated in an unspecified year and has established itself as a fully integrated entity across the entire gold value chain. The latest quarterly results reported net sales and profit for December 2024.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 96,630 Cr (Quarterly Results - Dec 2024) <BR>Most recent Net Profit: 36 Cr (Quarterly Results - Dec 2024) <BR>Market-cap value: Rs 5,892 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>P/E: 96.00 <BR>Industry P/E: 70 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.12 <BR>Return on Equity: 0.25% <BR>Price to Book: 0.38 <BR><BR>Contact Details:<BR>Address: No 4 Batavia Chambers, Kumara Krupa Rd Kumara Park(E) Bangalore Karnataka : 560001 <BR>Tel: 91-80-22266735 <BR>Email: compsect@rajeshindia.com <BR>Website: http://www.rajeshindia.com

View full answer

What is the bonus history of the Rajesh Exports?

06-Jun-2025

Rajesh Exports' most recent bonus issue was a 2:1 bonus announced on January 29, 2008, with a record date of February 5, 2008, allowing shareholders to double their holdings.

Rajesh Exports has a notable bonus history, with its most recent bonus issue being a 2:1 bonus announced on January 29, 2008. The record date for this bonus was February 5, 2008. This means that for every share held, shareholders received an additional share, effectively doubling their holdings at that time. If you have any more questions about Rajesh Exports or need further details, feel free to ask!

View full answer

Has Rajesh Exports declared dividend?

06-Jun-2025

Rajesh Exports Ltd. has declared a 100% dividend, amounting to 1 per share, with an ex-date of December 22, 2023. However, the company has experienced significant price declines, resulting in a total return of -15.31% over the last 6 months and a dividend yield of 0%.

Rajesh Exports Ltd. has declared a 100% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 100%<BR>- Amount per share: 1 per share<BR>- Ex-date: 22 Dec 23<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -15.31%, with a dividend return of 0%, resulting in a total return of -15.31%.<BR><BR>Over the past year, the price return was -26.16%, with a dividend return of 0%, leading to a total return of -26.16%.<BR><BR>In the 2-year period, the price return was -66.84%, with a dividend return of 0.18%, culminating in a total return of -66.66%.<BR><BR>For the 3-year period, the price return was -62.28%, with a dividend return of 0.36%, resulting in a total return of -61.92%.<BR><BR>In the 4-year period, the price return was -62.88%, with a dividend return of 0.53%, leading to a total return of -62.35%.<BR><BR>Finally, over the last 5 years, the price return was -58.97%, with a dividend return of 0.85%, resulting in a total return of -58.12%.<BR><BR>Overall, while Rajesh Exports has declared a dividend, the total returns over various periods indicate significant declines in price, with minimal contributions from dividends. The dividend yield remains at 0%, reflecting the challenges faced by the company in generating positive returns for its shareholders.

View full answer

Who are the peers of the Rajesh Exports?

03-Jun-2025

Rajesh Exports' peers include Titan Company, Kalyan Jewellers, PC Jeweller, and others. While PC Jeweller has the highest 1-year return at 154.87%, Rajesh Exports has the lowest at -31.35%, with average management risk and below-average growth compared to its peers.

Peers: The peers of Rajesh Exports are Titan Company, Kalyan Jewellers, PC Jeweller, P N Gadgil Jewe., Ethos Ltd, Sky Gold & Diam., Vaibhav Global, Goldiam Intl., D.P. Abhushan, and KDDL Ltd.<BR><BR>Quality Snapshot: Excellent management risk is observed at Titan Company, Kalyan Jewellers, P N Gadgil Jewe., and Sky Gold & Diam., while Good management risk is found at Ethos Ltd and the rest. Average management risk is noted for Rajesh Exports, Vaibhav Global, Goldiam Intl., D.P. Abhushan, and KDDL Ltd. Excellent growth is seen at Kalyan Jewellers, P N Gadgil Jewe., and Sky Gold & Diam., while Below Average growth is found at Rajesh Exports, Vaibhav Global, and PC Jeweller. Excellent capital structure is observed at P N Gadgil Jewe., Rajesh Exports, Goldiam Intl., and the rest, while Below Average capital structure is noted for Kalyan Jewellers and Sky Gold & Diam.<BR><BR>Return Snapshot: The peer with the highest 1-year return is PC Jeweller at 154.87%, while Rajesh Exports has the lowest at -31.35%. Rajesh Exports' return is significantly lower than all peers. Additionally, Kalyan Jewellers, PC Jeweller, P N Gadgil Jewe., Ethos Ltd, Rajesh Exports, Vaibhav Global, and KDDL Ltd all have negative six-month returns.

View full answer

Who are in the management team of Rajesh Exports?

16-Jul-2025

As of March 2022, the management team of Rajesh Exports includes Executive Chairman Rajesh Mehta, Managing Director Prashant Mehta, and several independent directors, with most receiving no remuneration, while both Rajesh and Prashant Mehta earn INR 1.2 lacs each.

As of March 2022, the management team of Rajesh Exports includes the following members:<BR><BR>1. Rajesh Mehta - Executive Chairman (Remuneration: INR 1.2 lacs)<BR>2. Prashant Mehta - Managing Director (Remuneration: INR 1.2 lacs)<BR>3. Vijaya Lakshmi - Non-Executive & Independent Director (Remuneration: INR 0)<BR>4. Joseph T D - Director (Remuneration: INR 0)<BR>5. Asha Mehta - Independent Director (Remuneration: INR 0)<BR>6. Prashant Harjivandas Sagar - Independent Director (Remuneration: INR 0)<BR>7. Akash Bhandari - Company Secretary & Compliance Officer (Remuneration: INR 0)<BR><BR>This team comprises a mix of executive and independent directors, with specific roles and varying remuneration levels.

View full answer

How big is Rajesh Exports?

24-Jul-2025

As of 24th July, Rajesh Exports Ltd. has a market capitalization of 5,908.00 Cr, with net sales of 315,354.62 Cr and a net profit of 61.35 Cr for the latest four quarters. The company reported shareholder's funds of 15,246.89 Cr and total assets of 22,071.79 Cr for the annual period ending March 2024.

As of 24th July, Rajesh Exports Ltd. has a market capitalization of 5,908.00 Cr, categorizing it as a Mid Cap company.<BR><BR>In the latest four quarters, Rajesh Exports reported net sales of 315,354.62 Cr and a net profit of 61.35 Cr.<BR><BR>For the latest annual period ending March 2024, the company had shareholder's funds amounting to 15,246.89 Cr and total assets of 22,071.79 Cr.

View full answer

Is Rajesh Exports overvalued or undervalued?

07-Aug-2025

As of August 6, 2025, Rajesh Exports is considered very expensive and overvalued, with a PE ratio of 56.11, an EV to EBITDA of 21.10, a low ROE of 0.25%, and a year-to-date stock performance of -21.98%, significantly lagging behind the Sensex's 3.08%.

As of 6 August 2025, the valuation grade for Rajesh Exports has moved from risky to very expensive. The company appears to be overvalued based on its current financial metrics. Key ratios include a PE ratio of 56.11, an EV to EBITDA of 21.10, and a ROE of only 0.25%. <BR><BR>When compared to peers, Rajesh Exports' PE ratio is significantly higher than that of Titan Company, which stands at 90.9, and Kalyan Jewellers at 85.03, both of which are also considered expensive. Furthermore, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -21.98% compared to the Sensex's 3.08%. This combination of high valuation ratios and poor relative performance reinforces the conclusion that Rajesh Exports is overvalued.

View full answer

When is the next results date for Rajesh Exports?

11-Nov-2025

The next results date for Rajesh Exports is 14 November 2025.

The next results date for Rajesh Exports is scheduled for 14 November 2025.

View full answer

How has been the historical performance of Rajesh Exports?

14-Nov-2025

Rajesh Exports has experienced significant revenue growth from March 2019 to March 2025, with net sales increasing from 1,75,763.12 crore to 4,23,099.32 crore. However, profitability has declined sharply, with profit after tax dropping from 1,292.40 crore to 94.87 crore during the same period, indicating challenges in cost management.

Answer:<BR>The historical performance of Rajesh Exports shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Rajesh Exports has experienced notable changes in its financial performance from March 2019 to March 2025. Net sales increased dramatically from 1,75,763.12 crore in March 2019 to 4,23,099.32 crore in March 2025, reflecting a strong growth trajectory. However, the total operating income followed a similar trend, reaching 4,23,099.32 crore in March 2025, up from 1,75,763.12 crore in March 2019. Despite this growth in sales and income, the operating profit (PBDIT) has seen a decline, dropping from 1,861.80 crore in March 2019 to 285.03 crore in March 2025. Profit before tax also decreased significantly from 1,345.78 crore in March 2019 to 106.87 crore in March 2025, leading to a profit after tax of only 94.87 crore in March 2025, down from 1,292.40 crore in March 2019. The company's total liabilities decreased from 28,841.46 crore in March 2019 to 22,071.79 crore in March 2024, while total assets also declined from 28,841.46 crore in March 2019 to 22,071.79 crore in March 2024. Cash flow from operating activities showed variability, with a peak of 3,482.00 crore in March 2019, but reduced to 316.00 crore in March 2024. Overall, while Rajesh Exports has seen substantial revenue growth, profitability has been under pressure, indicating challenges in managing costs and expenses effectively.

View full answer

Is Rajesh Exports technically bullish or bearish?

03-Dec-2025

As of December 2, 2025, Rajesh Exports shows a mildly bullish trend supported by weekly and monthly MACD and KST indicators, despite some caution from daily moving averages and mixed signals from Bollinger Bands.

As of 2 December 2025, the technical trend for Rajesh Exports has changed from sideways to mildly bullish. The weekly MACD and KST are both indicating a mildly bullish stance, while the monthly MACD and KST also support this view. However, the daily moving averages are mildly bearish, which introduces some caution. The Bollinger Bands show a bullish signal on the weekly but a mildly bearish signal on the monthly, indicating mixed signals across time frames. The OBV is bullish on both weekly and monthly charts, reinforcing the positive sentiment. Overall, the current technical stance is mildly bullish, driven primarily by the MACD and KST indicators.

View full answer

Are Rajesh Exports Ltd latest results good or bad?

14-Feb-2026

Rajesh Exports Ltd's latest results are concerning, showing a significant revenue increase of 117.95% year-on-year to ₹1,31,541.80 crores, but a net loss of ₹9.53 crores and extremely low margins indicate serious profitability issues. Investors should be cautious due to the company's struggles to convert sales into profits despite its strong revenue growth.

Rajesh Exports Ltd's latest results reflect a challenging situation for the company. While the net sales for Q2 FY26 surged significantly by 117.95% year-on-year to ₹1,31,541.80 crores, the net profit plummeted to a loss of ₹9.53 crores, marking a staggering decline of 588.72% quarter-on-quarter. This indicates a severe profitability crisis, as the company struggles to convert its substantial sales into profits.<BR><BR>The operating margin is alarmingly low at just 0.03%, and the profit after tax (PAT) margin is negative at -0.01%. Additionally, the return on equity (ROE) stands at a mere 0.84%, which is well below the sector average, highlighting inefficiencies in capital utilization.<BR><BR>Despite being the world's largest gold refiner, Rajesh Exports is experiencing significant operational pressures, including an extraordinarily high effective tax rate of 642.05% for the quarter, which complicates the assessment of its underlying performance. The company's balance sheet remains strong with zero long-term debt, but the volatility in profitability raises concerns about the sustainability of its business model.<BR><BR>Overall, while the revenue growth is impressive, the dramatic decline in profitability and the inability to maintain healthy margins suggest that the results are more concerning than positive. Investors should approach with caution, monitoring for any signs of improvement in profitability in future quarters.

View full answer

Should I buy, sell or hold Rajesh Exports Ltd?

15-Feb-2026

Why is Rajesh Exports Ltd falling/rising?

13-Mar-2026

As of 13-Mar, Rajesh Exports Ltd's stock price is Rs 110.35, reflecting a 1.6% decrease and a significant underperformance compared to the benchmark, with a 1-month decline of 37.99%. The stock's long-term outlook is poor due to consistent declines in operating profit and high valuations, contributing to bearish sentiment.

As of 13-Mar, Rajesh Exports Ltd's stock price is falling, currently at Rs 110.35, which reflects a decrease of Rs 1.8 or 1.6%. The stock has been on a downward trend, having lost 3.71% over the last two days and is 2.31% away from its 52-week low of Rs 107.8. <BR><BR>In terms of performance relative to the benchmark, the stock has underperformed significantly, with a 1-month decline of 37.99% compared to a 9.76% drop in the Sensex. Over the past year, the stock has generated a return of -29.26%, while the benchmark has increased by 1.00%. This consistent underperformance over the last three years, where the stock has declined by 82.06% against a 28.03% rise in the benchmark, indicates a troubling trend.<BR><BR>Additionally, the stock is trading below its moving averages across various time frames, suggesting a lack of upward momentum. Investor participation has also decreased, with delivery volume falling by 73.31% compared to the 5-day average. This decline in trading activity further contributes to the stock's downward pressure.<BR><BR>Despite some positive factors, such as a low debt-to-equity ratio and growth in net sales, the long-term outlook remains poor due to a significant annual decline in operating profit over the past five years and a high valuation relative to peers. The combination of these factors is leading to a bearish sentiment surrounding Rajesh Exports Ltd, resulting in its falling stock price.

View full answer

Why is Rajesh Exports Ltd falling/rising?

14-Mar-2026

As of 14-Mar, Rajesh Exports Ltd's stock price is declining, currently at Rs 110.35, reflecting a significant underperformance against the market with a year-to-date decline of 40.01%. Despite recent positive growth in sales and profits, the long-term outlook is poor due to a substantial drop in operating profit and low investor confidence.

As of 14-Mar, Rajesh Exports Ltd's stock price is falling, currently at Rs 110.35, which reflects a decrease of Rs 1.8 or 1.6%. The stock has been on a downward trend, having lost 3.71% over the last two days and is now 2.31% away from its 52-week low of Rs 107.8. <BR><BR>In terms of performance relative to the market, Rajesh Exports has significantly underperformed against the benchmark Sensex, with a year-to-date decline of 40.01% compared to the Sensex's 12.50% drop. Over the past year, the stock has generated a return of -29.26%, while the Sensex has increased by 1.00%. This consistent underperformance over the last three years, where the stock has declined by 82.06% against a 28.03% gain in the benchmark, indicates a lack of investor confidence.<BR><BR>Additionally, the stock is trading below its moving averages across various time frames, suggesting a bearish trend. The falling investor participation is also notable, with delivery volume dropping by 73.31% against the five-day average, indicating reduced interest from investors. <BR><BR>While the company has reported positive growth in net sales and profits in recent quarters, the long-term outlook remains poor due to a significant decline in operating profit over the past five years. The stock's high valuation relative to its peers, combined with a low return on equity (ROE) of 0.8, further contributes to the negative sentiment surrounding the stock. Overall, these factors collectively explain the current decline in Rajesh Exports Ltd's stock price.

View full answer

Why is Rajesh Exports Ltd falling/rising?

15-Mar-2026

As of 15-Mar, Rajesh Exports Ltd's stock price is at 110.35, down 1.8 (-1.6%), reflecting a bearish trend with a total decline of -3.71% over the last two days and -7.58% over the past week, underperforming the Sensex. The stock is trading below its moving averages and is close to its 52-week low, indicating negative investor sentiment despite some positive financial metrics.

As of 15-Mar, Rajesh Exports Ltd's stock price is currently at 110.35, reflecting a decrease of 1.8 (-1.6%). The stock has been experiencing a downward trend, having fallen for the last two days, resulting in a total decline of -3.71% during this period. This decline is further supported by the stock's performance over the past week, where it has decreased by -7.58%, significantly underperforming the Sensex, which fell by only -5.52%.<BR><BR>The stock is also trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 2.31% away from the low of Rs 107.8. The trading volume has seen a substantial drop, with delivery volume on March 12 falling by -73.31% compared to the 5-day average, suggesting a decrease in investor participation and interest.<BR><BR>Despite some positive factors, such as a low debt-to-equity ratio and strong growth in net sales, the overall sentiment appears negative due to the company's poor long-term growth prospects, as indicated by an annual operating profit decline of -20.67% over the last five years. The stock has consistently underperformed against benchmarks, generating a return of -29.26% over the past year while also lagging behind the BSE500 in each of the last three annual periods. These factors contribute to the stock's current decline.

View full answer
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 -20.67% of over the last 5 years

 
2

With ROE of 0.8, it has a Very Expensive valuation with a 0.2 Price to Book Value

3

Consistent Underperformance against the benchmark over the last 3 years

stock-summaryMojo Parameters

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

stock-summary
Industry

Gems, Jewellery And Watches

stock-summary
Market cap

INR 3,243 Cr (Small Cap)

stock-summary
P/E

19.00

stock-summary
Industry P/E

50

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-0.10

stock-summary
Return on Equity

0.80%

stock-summary
Price to Book

0.20

Revenue and Profits:
Net Sales:
235,098 Cr
(Quarterly Results - Dec 2025)
Net Profit:
71 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-42.6%
0%
-42.6%
6 Months
-44.37%
0%
-44.37%
1 Year
-29.26%
0%
-29.26%
2 Years
-61.48%
0%
-61.48%
3 Years
-82.06%
0.16%
-81.9%
4 Years
-84.44%
0.31%
-84.13%
5 Years
-78.85%
0.61%
-78.24%

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

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

News

Rajesh Exports Ltd Falls 17.51%: 8 Key Factors Behind the Steep Decline

Key Events This Week

2 Mar: New 52-week low at Rs.137.55 and lower circuit hit amid panic selling

4 Mar: Further 52-week low at Rs.131.85 with continued lower circuit trigger

5 Mar: Stock hits fresh 52-week low of Rs.130.2 and plunges to lower circuit

6 Mar: Week closes at Rs.119.40 after another lower circuit hit and 52-week low

Announcements stock-summary

SA Results--Dec 2025

14-Feb-2026 | Source : BSE

SA Unaudited Results--December 31 2025

Con Results--December 31 2025

14-Feb-2026 | Source : BSE

Con Unaudited Results December 31 2025

Board Meeting Intimation for To Approve Unaudited Dec Quarter Results 2025

06-Feb-2026 | Source : BSE

Rajesh Exports Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/02/2026 inter alia to consider and approve To approve unaudited Dec Quarter Results 2025

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

Rajesh Exports Ltd has declared 100% dividend, ex-date: 22 Dec 23

stock-summary
SPLITS

Rajesh Exports Ltd has announced 1:2 stock split, ex-date: 29 Jan 08

stock-summary
BONUS

Rajesh Exports Ltd has announced 2:1 bonus issue, ex-date: 29 Jan 08

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
25.15%
EBIT Growth (5y)
-20.67%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
13.84
Net Debt to Equity (avg)
-0.10
Sales to Capital Employed (avg)
21.34
Tax Ratio
14.30%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
26.22%
ROCE (avg)
5.95%
ROE (avg)
5.16%

Valuation key factors

Factor
Value
P/E Ratio
19
Industry P/E
50
Price to Book Value
0.20
EV to EBIT
5.75
EV to EBITDA
4.85
EV to Capital Employed
0.10
EV to Sales
0.00
PEG Ratio
0.12
Dividend Yield
NA
ROCE (Latest)
1.50%
ROE (Latest)
0.80%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Sep 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 5 Schemes (0.16%)

FIIs

Held by 111 FIIs (15.26%)

Promoter with highest holding

Rajesh Jasvantrai Mehta (41.25%)

Highest Public shareholder

Life Insurance Corporation Of India (10.8%)

Individual Investors Holdings

13.39%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'25 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2025 is 34.18% vs 33.20% in Sep 2025",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2025 is -31.30% vs 1,191.82% in Sep 2025",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Sep'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,35,098.28",
          "val2": "1,75,211.76",
          "chgp": "34.18%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "113.65",
          "val2": "176.10",
          "chgp": "-35.46%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "45.51",
          "val2": "38.63",
          "chgp": "17.81%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "71.48",
          "val2": "104.05",
          "chgp": "-31.30%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.05%",
          "val2": "0.10%",
          "chgp": "-0.05%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2025 is 141.01% vs 2.85% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2025 is 64.61% vs -83.81% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'25",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3,06,753.56",
          "val2": "1,27,279.17",
          "chgp": "141.01%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "218.20",
          "val2": "113.89",
          "chgp": "91.59%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "76.29",
          "val2": "62.47",
          "chgp": "22.12%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "94.52",
          "val2": "57.42",
          "chgp": "64.61%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.07%",
          "val2": "0.09%",
          "chgp": "-0.02%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2025 is 142.00% vs 18.33% in Dec 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2025 is 78.65% vs -74.69% in Dec 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "5,41,851.84",
          "val2": "2,23,909.65",
          "chgp": "142.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "331.85",
          "val2": "180.69",
          "chgp": "83.66%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "121.80",
          "val2": "95.74",
          "chgp": "27.22%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "166.00",
          "val2": "92.92",
          "chgp": "78.65%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.06%",
          "val2": "0.08%",
          "chgp": "-0.02%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2025 is 50.74% vs -17.37% in Mar 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2025 is -71.83% vs -76.48% in Mar 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'25",
        "Mar'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "4,23,099.32",
          "val2": "2,80,676.35",
          "chgp": "50.74%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "167.14",
          "val2": "328.33",
          "chgp": "-49.09%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "132.78",
          "val2": "138.95",
          "chgp": "-4.44%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "94.87",
          "val2": "336.81",
          "chgp": "-71.83%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.04%",
          "val2": "0.12%",
          "chgp": "-0.08%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Consolidated) - Dec'25 - QoQstock-summary

Dec'25
Sep'25
Change(%)
Net Sales
2,35,098.28
1,75,211.76
34.18%
Operating Profit (PBDIT) excl Other Income
113.65
176.10
-35.46%
Interest
45.51
38.63
17.81%
Exceptional Items
0.00
0.00
Consolidate Net Profit
71.48
104.05
-31.30%
Operating Profit Margin (Excl OI)
0.05%
0.10%
-0.05%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2025 is 34.18% vs 33.20% in Sep 2025

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2025 is -31.30% vs 1,191.82% in Sep 2025

Half Yearly Results Snapshot (Consolidated) - Sep'25stock-summary

Sep'25
Sep'24
Change(%)
Net Sales
3,06,753.56
1,27,279.17
141.01%
Operating Profit (PBDIT) excl Other Income
218.20
113.89
91.59%
Interest
76.29
62.47
22.12%
Exceptional Items
0.00
0.00
Consolidate Net Profit
94.52
57.42
64.61%
Operating Profit Margin (Excl OI)
0.07%
0.09%
-0.02%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2025 is 141.01% vs 2.85% in Sep 2024

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2025 is 64.61% vs -83.81% in Sep 2024

Nine Monthly Results Snapshot (Consolidated) - Dec'25stock-summary

Dec'25
Dec'24
Change(%)
Net Sales
5,41,851.84
2,23,909.65
142.00%
Operating Profit (PBDIT) excl Other Income
331.85
180.69
83.66%
Interest
121.80
95.74
27.22%
Exceptional Items
0.00
0.00
Consolidate Net Profit
166.00
92.92
78.65%
Operating Profit Margin (Excl OI)
0.06%
0.08%
-0.02%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2025 is 142.00% vs 18.33% in Dec 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2025 is 78.65% vs -74.69% in Dec 2024

Annual Results Snapshot (Consolidated) - Mar'25stock-summary

Mar'25
Mar'24
Change(%)
Net Sales
4,23,099.32
2,80,676.35
50.74%
Operating Profit (PBDIT) excl Other Income
167.14
328.33
-49.09%
Interest
132.78
138.95
-4.44%
Exceptional Items
0.00
0.00
Consolidate Net Profit
94.87
336.81
-71.83%
Operating Profit Margin (Excl OI)
0.04%
0.12%
-0.08%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2025 is 50.74% vs -17.37% in Mar 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2025 is -71.83% vs -76.48% in Mar 2024

stock-summaryCompany CV
About Rajesh Exports Ltd stock-summary
stock-summary
Rajesh Exports Ltd
Small Cap
Gems, Jewellery And Watches
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. 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