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Rajesh Exports Ltd share Price Today

Company details

291.75
305.20
261.00
669.30
6M Return -32.34%
1Y Return -46.37%
Mkt Cap.(Cr) 8,729.36
Volume 642,770
Div Yield 0.34%
OI
-
OI Chg %
-
Volume 642,770

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Gems & Jewellery company Rajesh Exports announced consolidated Q1FY24 results:

  • Revenues for Q1FY24 of Rs 8,56,885.92 million.
  • EBIDTA for Q1FY24 of Rs 3,463.98 million.
  • PAT for Q1FY24 of Rs 3,093.58 million.
  • EPS for Q1FY24 at Rs 10.48 per share of Re 1.

Rajesh Mehta Chairman, Rajesh Exports said, “I am pleased to announce the financial figures for the 1st Quarter of the Year. The Company is working as per its plans and I am confident that the Company should be able to achieve the expected growth in the coming quarters.”

 

 

Result PDF

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Rajesh Exports Ltd shares SWOT Analysis

Strengths (7)

  • Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year
  • Efficient in managing Assets to generate Profits - ROA improving since last 2 year
  • Company with Low Debt

Weakness (7)

  • Degrowth in Revenue and Profit
  • Degrowth in Quarterly Revenue and Profit in Recent Results(YoY)
  • Declining profits every quarter for the past 4 quarters

Opportunity (2)

  • Positive Breakout First Resistance ( LTP > R1)
  • Companies with current TTM PE Ratio less than 3 Year, 5 Year and 10 Year PE

Threats (1)

  • Companies with growing costs YoY for long term projects

Resistance and support

R1 303.3
R2 311.0
R3 316.8
Pivot

297.53

S1 289.9
S2 284.1
S3 276.4
EMA SMA
295.5
309.6
340.7
402.7
291.8
307.7
334.3
409.7
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
ISHARES CORE MSCI EMERGING MARKETS ETF Block Purchase 2022-10-11 601.95 219507 BSE
ISHARES MSCI INDIA SMALL-CAP ETF Block Purchase 2022-10-11 601.95 25928 BSE
ISHARES CORE EMERGING MARKETS MAURITIUS CO Block Sell 2022-10-11 601.95 219507 BSE
Name Category Shares
Rajesh Jasvantrai Mehta PROMOTER 29.97%
Prashant Jasvantrai Mehta PROMOTER 12.59%
Mahesh Jasvantrai Mehta PROMOTER 8.14%
Bipin Jasvantrai Mehta PROMOTER 2.43%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Rajesh Exports Ltd Stocks COMPARISON

Financials( in Cr) Rajesh Exports Ltd Titan Company Ltd Kalyan Jewellers India Ltd Senco Gold Ltd Vaibhav Global Ltd
Price 295.65 3,633.00 414.65 951.25 379.00
% Change 1.03 1.01 3.22 -2.61 -0.43
Mcap Cr 8,729.36 322,532.65 42,711.15 7,389.98 6,278.14
Revenue TTM Cr 339,689.51 40,575.00 14,071.45 4,077.40 2,690.91
Net Profit TTM Cr 1,432.28 3,274.00 431.93 158.48 105.14
PE TTM 11.79 92.56 75.03 43.41 47.53
1 Year Return -46.37 38.16 301.79 134.70 20.66
ROCE 10.86 24.82 12.20 15.29 11.09
ROE 10.54 30.95 12.76 18.96 9.03
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 14,723.63 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 19,463.02 -3,609.06
LAST 3M 83,632.14 32,580.07
LAST 6M 140,794.69 70,960.51
LAST 12M 216,582.31 196,780.81

Rajesh Exports Ltd Information

Stock PE (TTM)
11.79
Promoter Holding
54.55%
Book Value
515.5491
ROCE
10.86%
ROE
10.54%
Description
  • Rajesh Exports Ltd. is an Indian multinational gold retailer engaged in refining, designing, and selling gold and jewellery. It is claimed to be the world’s only company involved at every stage of the gold’s value chain, from refining to retailing. The company was founded in 1989, with its headquarters in Bangalore. Rajesh Exports Ltd. posted a total income of Rs 49,498.14 crore in the June 2022 quarter. It was down 42.34% from the previous quarter that ended in March 2022. On 30 August 2022, the company’s market capitalisation stood at Rs 17,393 crore. 

    The company is listed on the Bombay Stock Exchange with the code 531500, and on the National Stock Exchange with the code RAJESHEXPO.  

    Rajesh Exports Ltd. is one of the world’s largest processors of gold. As per its website, in 2022, it processed 35% of the world’s gold production. It is also India’s largest exporter of gold products and the world’s lowest-cost producer of gold jewellery. In 2019, the company won the Export Excellence Award from FKCCI.  

    On 30 June 2022, the company’s shareholding pattern reflected a 17.7% foreign institutional investor stake, 11.39% domestic institutional investor stake, 54.05% promoter stake, and 16.86% public stake. Mr Rajesh Jasvantrai Mehta is the leading promoter with a 29.97% share, followed by Mr Prashant Jasvantrai Mehta with a 12.59% share. In the June 2022 quarter, mutual fund holdings increased from 0.03% to 0.05%, while FII holdings decreased from 17.72% to 17.70%.  

    The company’s leadership team comprises Mr Rajesh Mehta, Mr Prashanth Mehta, Mr Prashant Harjivandas Sagar, Mr Joseph T D, Mr Vijendra Rao, Ms Asha Mehta, and Ms Vijaya Lakshmi. The auditors are P V Ramana Reddy & Co. The company’s total outstanding shares on 30 June 2022 were 29.53 crores.  

    On 30 August 2022, Rajesh Exports Ltd.’s share price closed at Rs 590.85 on BSE. It closed at Rs 589.10 on NSE. The 52-week high for Rajesh Exports Ltd.’s share price was Rs 994.70, and the 52-week low for the company’s share price was Rs 518.50. Rajesh Exports Ltd.’s share gave its investors a one-year return of 1.22%.  

    The company’s peers include Titan Company Ltd., Kalyan Jewellers India Ltd., Vaibhav Global Ltd., and PC Jeweller Ltd.   

    Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose 

Registered Address

No 4 Batavia Chambers, Kumara Krupa Rd Kumara Park(E), Bangalore, Karnataka, 560001

Tel : 91-80-22266735
Email : compsect:rajeshindia.com; corpcomm:rajeshindia.com
Website : http://www.rajeshindia.com
Registrar

SKDC Consultants Ltd

AGM Date (Month) : Dec
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 531500
NSE Code : RAJESHEXPO
Book Closure Date (Month) : Dec
BSE Group : A
ISIN : INE343B01030

FAQ’s on Rajesh Exports Ltd Shares

You can buy Rajesh Exports Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Rajesh Exports Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Apr 23, 2024 04:02 PM the closing price of Rajesh Exports Ltd was ₹ 295.65.

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 Apr 23, 2024 04:02 PM, the market cap of Rajesh Exports Ltd stood at ₹ 8,729.36.

The latest PE ratio of Rajesh Exports Ltd as of Apr 23, 2024 04:02 PM is 11.79

The latest PB ratio of Rajesh Exports Ltd as of Apr 23, 2024 04:02 PM is 1.76

The 52-week high of Rajesh Exports Ltd share price is ₹ 669.30 while the 52-week low is ₹ 261.00

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