Rajesh Exports Ltd.

BSE: RAJESHEXPO531500ISIN INE343B01030

Consumer Discretionary
Gems, Jewellery And Watches

Share price

₹50.30+1.04 (+2.11%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹239.00
52W low: ₹47.81
Off 52W high: -78.95%
1M return: -19.85%
3M return: -40.68%
6M return: -58.33%
1Y return: -72.32%
20D avg volume: 23,122
50 DMA: ₹65.59
200 DMA: ₹102.76

Key ratios Consolidated

Market cap: ₹1,485 Cr
Current price: ₹50.30
52W high / low: ₹239.00 / ₹47.81
Face value: ₹1.00
P/E: 11.05
P/B: 0.09
EPS (TTM): ₹4.55
Book value / share: ₹584.87
ROE: —
ROCE: 1.90%
Operating margin: —
Net margin: —
Debt / equity: 0.06
Net debt: ₹-715.12 Cr
Interest cover: 2.01
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 0.9 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	1,318	2,36,864	2,35,098	1,75,212	1,31,542	—	96,630	66,924	60,356	91,445	65,477	38,066
	9.86	240.63	10.71	12.30	9.46	—	21.40	21.66	21.08	204.35	12.04	13.53
	1,328	2,37,105	2,35,109	1,75,224	1,31,551	—	96,652	66,945	60,377	91,649	65,489	38,079
	1,313	2,37,145	2,35,044	1,75,087	1,31,549	—	96,608	66,891	60,359	91,663	65,476	38,026
	1,316	2,36,717	2,34,937	1,75,003	1,31,432	—	96,496	66,831	60,286	91,493	65,435	37,980
	0.00	0.00	0.00	0.00	0.00	—	0.00	—	—	—	—	—
	0.50	61.83	61.84	55.69	47.81	—	39.56	40.74	42.15	43.64	41.46	43.33
	1.19	41.49	45.51	38.62	37.66	—	33.27	32.35	30.12	42.57	—	—
	0.17	14.15	13.37	12.75	12.12	—	11.51	11.50	10.89	11.22	11.24	10.68
	0.25	300.25	21.62	19.24	16.54	—	16.86	14.87	13.25	65.38	14.96	15.14
	14.97	-39.90	65.48	137.02	1.76	—	43.42	54.37	17.39	-13.80	12.67	52.97
	0.00	0.00	0.00	0.00	0.00	—	0.00	0.00	0.00	0.00	0.00	0.00
	14.97	-39.90	65.48	137.02	1.76	—	43.42	54.37	17.39	-13.80	12.67	52.97
	2.56	13.60	6.00	32.97	11.29	—	7.92	8.81	5.53	17.76	0.25	7.66
	12.41	-53.50	71.48	104.05	-9.53	—	35.50	45.56	11.86	-31.57	12.43	45.31
	0.42	-1.81	2.42	3.52	-0.32	—	1.20	1.54	0.40	1.02	0.42	1.53
Key metrics
	16.33	15.74	124.36	188.39	51.54	—	88.20	98.22	58.40	39.99	23.91	63.65
	1.20%	0.00%	0.10%	0.10%	0.00%	—	0.10%	0.10%	0.10%	0.00%	0.00%	0.20%
	0.90%	0.00%	0.00%	0.10%	0.00%	—	0.00%	0.10%	0.00%	0.00%	0.00%	0.10%
	—	0.00%	—	1.00%	—	—	—	—	—	—	—	—
	-99.00%	—	143.30%	161.80%	117.90%	—	47.60%	75.80%	—	—	—	—
	230.20%	—	101.40%	128.40%	-180.40%	—	185.60%	0.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	6,48,492	7,78,716	4,23,099	2,80,676	3,39,690	2,43,128
	273.50	273.10	117.89	242.00	24.22	40.26
	6,48,766	7,78,989	4,23,217	2,80,918	3,39,714	2,43,168
	6,48,588	7,78,825	4,23,110	2,80,551	3,38,235	2,42,130
	6,47,973	7,78,089	4,22,728	2,80,017	3,37,657	2,41,556
	0.00	0.00	0.00	—	—	—
	179.86	227.16	166.32	182.70	216.06	177.49
	126.81	163.29	132.78	138.95	—	—
	40.44	52.40	45.39	64.44	100.58	90.87
	341.36	357.66	171.90	154.59	238.78	351.71
	177.57	164.36	106.87	366.94	1,478	1,038
	0.00	0.00	0.00	0.00	0.00	0.00
	177.57	164.36	106.87	366.94	1,478	1,038
	55.13	51.86	12.00	31.41	46.18	29.89
	134.44	112.50	94.87	335.53	1,432	1,009
	4.55	3.81	3.21	11.41	48.52	34.16
Key metrics
	344.82	380.05	285.04	570.33	1,579	1,129
	0.05%	0.00%	0.10%	0.20%	0.50%	0.50%
	0.02%	0.00%	0.00%	0.10%	0.40%	0.40%
	—	1.90%	1.50%	—	—	—
	—	84.10%	50.70%	-17.40%	39.70%	—
	—	18.60%	-71.70%	-76.60%	42.00%	—
	—	329.16	6,688	—	—	—
	—	3.30	81.56	—	—	—
	—	0.06	0.06	—	—	—
	—	-715.12	-221.19	—	—	—
	—	0.9	12.6	—	—	—
Balance sheet
	—	40,893	29,372	—	—	—
	—	27,642	17,239	—	—	—
	—	1,731	1,149	—	—	—
	—	6,442	4,933	—	—	—
	—	17,746	9,626	—	—	—
	—	—	0.00	—	—	—
	—	507.57	444.51	—	—	—
	—	22,177	0.00	—	—	—
	—	23,314	13,435	—	—	—
	—	1,016	927.45	—	—	—
	—	1,016	923.34	—	—	—
	—	0.00	4.11	—	—	—
	—	17,417	15,828	—	—	—
Cash flow
	—	371.78	7,738	—	—	—
	—	-1,088	-8,561	—	—	—
	—	195.79	187.96	—	—	—
	—	42.62	1,049	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	1,318	2,441	1,956	3,365	1,427	1,915	2,619	1,762	731.10	1,327	1,006	1,602
	9.86	74.68	9.44	9.47	9.09	24.14	13.45	9.92	10.56	173.84	0.28	0.89
	1,328	2,516	1,965	3,375	1,436	1,939	2,632	1,772	741.66	1,501	1,006	1,603
	1,313	2,537	1,949	3,353	1,414	1,960	2,625	1,749	722.08	1,556	998.62	1,587
	1,316	2,486	1,942	3,359	1,372	1,901	2,578	1,757	713.14	1,459	1,022	1,608
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	0.50	0.82	0.75	0.56	0.35	0.82	0.77	0.51	0.37	0.31	0.41	0.67
	1.19	38.69	38.00	36.53	37.51	36.91	33.26	32.04	30.00	42.39	—	—
	0.17	0.23	0.14	0.14	0.14	0.16	0.14	0.16	0.15	0.11	0.17	0.17
	0.25	1.00	0.31	1.28	0.57	105.84	1.78	0.84	0.76	47.73	1.80	0.22
	14.97	-21.23	16.43	22.04	21.51	-20.77	7.04	23.22	19.59	-54.97	7.79	16.04
	0.00	0.00	0.00	0.00	0.00	—	0.00	—	—	—	—	—
	14.97	-21.23	16.43	22.04	21.51	-20.77	7.04	23.22	19.59	-54.97	7.79	16.04
	2.56	-4.14	2.96	3.98	3.86	4.48	0.43	3.49	5.88	7.12	0.81	1.63
	12.41	-17.09	13.48	18.06	17.65	-16.29	6.60	19.74	13.71	-62.09	6.98	14.41
	0.42	-0.58	0.46	0.61	0.59	0.55	0.22	0.67	0.46	-2.05	0.24	0.49
Key metrics
	16.33	17.69	54.57	58.71	59.16	16.30	40.44	55.42	49.74	-12.47	7.96	16.21
	1.20%	0.70%	2.80%	1.70%	4.10%	0.90%	1.50%	3.10%	6.80%	-0.90%	0.80%	1.00%
	0.90%	-0.70%	0.70%	0.50%	1.20%	-0.90%	0.30%	1.10%	1.90%	-4.70%	0.70%	0.90%
	—	0.30%	—	1.10%	—	0.30%	—	—	—	—	—	—
	-7.60%	27.50%	-25.30%	91.00%	95.10%	44.30%	160.30%	10.00%	—	—	—	—
	-29.70%	-4.90%	104.20%	-8.50%	28.70%	73.80%	-5.40%	37.00%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	9,080	9,189	7,027	5,401	5,762	6,236
	103.45	102.67	58.07	175.24	9.26	11.88
	9,184	9,291	7,085	5,576	5,771	6,248
	9,151	9,253	7,056	5,549	5,739	6,218
	9,102	9,159	6,950	5,364	5,717	6,118
	0.00	0.00	0.00	—	—	—
	2.63	2.48	2.47	2.48	4.08	4.25
	114.41	150.73	132.21	137.81	—	—
	0.68	0.66	0.61	0.63	0.69	0.91
	2.84	3.16	109.21	50.34	2.21	148.00
	32.21	38.75	29.07	27.30	32.22	30.43
	0.00	0.00	0.00	—	—	—
	32.21	38.75	29.07	27.30	32.22	30.43
	5.36	6.66	5.32	10.26	1.84	8.39
	26.86	32.09	23.76	17.03	30.38	22.04
	0.91	1.09	0.81	0.62	1.04	0.75
Key metrics
	147.30	190.14	161.89	165.74	32.91	31.34
	1.62%	2.10%	2.30%	3.10%	0.60%	0.50%
	0.30%	0.30%	0.30%	0.30%	0.50%	0.40%
	—	3.70%	3.20%	—	—	—
	17.58%	30.80%	30.10%	-6.30%	-7.60%	—
	-3.03%	35.10%	39.50%	-43.90%	37.80%	—
	—	160.21	-151.47	—	—	—
	—	5.15	-6.37	—	—	—
	—	0.20	0.18	—	—	—
	—	972.78	897.61	—	—	—
	—	70.7	164.4	—	—	—
Balance sheet
	—	7,567	7,466	—	—	—
	—	4,689	4,657	—	—	—
	—	27.33	27.71	—	—	—
	—	2,651	2,644	—	—	—
	—	585.61	522.43	—	—	—
	—	—	0.00	—	—	—
	—	62.30	58.05	—	—	—
	—	1,458	0.00	—	—	—
	—	2,468	2,399	—	—	—
	—	1,000	925.32	—	—	—
	—	1,000	921.21	—	—	—
	—	0.00	4.11	—	—	—
	—	5,091	5,059	—	—	—
Cash flow
	—	165.12	-151.47	—	—	—
	—	-63.47	1.32	—	—	—
	—	23.86	25.54	—	—	—
	—	4.91	0.00	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +16.84%
Sales CAGR 5Y: —
Profit CAGR 3Y: +1.84%
Profit CAGR 5Y: —
Sales YoY (TTM): +17.58%
Profit YoY (TTM): -3.03%

Consolidated

Sales CAGR 3Y: +31.86%
Sales CAGR 5Y: —
Profit CAGR 3Y: -57.17%
Profit CAGR 5Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 54.54%

Quarter	September 2026	June 2026
Promoter %	54.54%	54.54%

Holder	Type	Holding	Previous	Change
Rajesh Jasvantrai Mehta	Promoter	41.25%	41.25%	0.00%
Prashant Jasvantrai Mehta	Promoter	12.59%	12.59%	0.00%
Life Insurance Corporation Of India	Public	10.28%	10.80%	-0.52%
Bridge India Fund	Public	8.46%	8.46%	0.00%
Tamanna Dhakan	Public	4.81%	4.81%	0.00%
Schwab Fundamental Emerging Markets Equity Etf	Public	1.15%	2.70%	-1.55%
Manisha P Mehta	Promoter	0.20%	0.20%	0.00%
Leena Rajesh Mehta	Promoter	0.20%	0.20%	0.00%
Chandrika J Mehta	Promoter	0.15%	0.15%	0.00%
Jasvantrai F Mehta	Promoter	0.15%	0.15%	0.00%
Bhavesh B Mehta	Promoter	0.00%	0.00%	0.00%
Bipin Jasvantrai Mehta	Promoter	0.00%	0.00%	0.00%
Alpa Maheshbhai Mehta	Promoter	0.00%	0.00%	0.00%
Mahesh Jasvantrai Mehta	Promoter	0.00%	0.00%	0.00%
Jayshree B Mehta	Promoter	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Titan Company Limited	4,21,698	4,750.00	73.21	38.40%	+45.05% TTM	+55.12% TTM	+24.58%
Kalyan Jewellers India Limited	54,736	530.00	38.14	27.40%	+45.75% TTM	+79.22% TTM	+1.38%
Lalithaa Jewellery Mart Limited	20,466	365.65	—	—	—	—	—
PC JEWELLER LIMITED	15,418	15.81	17.31	10.30%	+29.27% TTM	+45.80% TTM	+31.09%
Sky Gold And Diamonds Limited	14,375	928.15	35.45	36.00%	+73.01% TTM	+118.85% TTM	+158.54%
Thangamayil Jewellery Limited S	13,364	4,299.50	34.09	34.70%	+78.15% TTM	+113.25% TTM	+41.38%
BlueStone Jewellery and Lifestyle Limited	10,569	691.35	103.94	8.10%	—	—	-2.80%
P N GADGIL JEWELLERS LIMITED	8,562	581.65	17.56	30.50%	+50.66% TTM	+64.36% TTM	-12.63%
ETHOS LIMITED	7,328	2,738.80	69.28	8.40%	+30.42% TTM	+14.34% TTM	-7.78%
Timex Group India Ltd S	6,779	671.50	66.03	65.20%	+44.15% TTM	+83.08% TTM	+81.63%
Senco Gold Limited	5,100	311.15	8.93	33.80%	+41.91% TTM	+168.38% TTM	-6.79%
KDDL Ltd	4,758	3,868.80	31.67	10.40%	+32.48% TTM	+4.32% TTM	+52.02%
Goldiam International Ltd.	4,651	308.95	22.05	20.30%	+27.01% TTM	+63.93% TTM	+12.00%
D P ABHUSHAN LIMITED S	4,424	1,938.00	18.44	45.90%	+30.80% TTM	+93.38% TTM	+28.55%
Tribhovandas Bhimji Zaveri Limited	4,049	606.75	20.61	35.60%	+24.14% TTM	+110.34% TTM	+227.53%
SHRINGAR HOUSE OF MANGALSUTRA LIMITED S	2,809	291.25	23.21	23.30%	—	—	+26.52%
Vaibhav Global Ltd	2,690	160.30	9.64	15.30%	+9.61% TTM	+52.41% TTM	-41.53%
SHANTI GOLD INTERNATIONAL LIMITED	2,089	272.20	—	—	—	—	—
Deepa Jewellers Limited S	2,058	213.00	—	—	—	—	—
PNGS Reva Diamond Jewellery Limited S	2,008	633.40	21.13	18.60%	—	—	—
Khazanchi Jewellers Limited S	1,757	709.90	—	39.50%	—	—	+3.55%
Motisons Jewellers Limited S	1,702	14.96	25.36	18.00%	+10.73% TTM	+48.70% TTM	-8.78%
RENAISSANCE GLOBAL LIMITED	1,534	142.75	14.03	9.10%	+41.39% TTM	+68.44% TTM	+4.96%
Rajesh Exports Ltd. S	1,485	50.30	55.27	3.70%	+17.58% TTM	-3.03% TTM	-72.32%
Shankesh Jewellers Limited S	1,378	98.13	—	—	—	—	—

Filings & corporate actions

Recent announcements

Order from SEBI15 Oct 2026 · Company Update / General
CS Appointment8 Oct 2026 · Company Update / Change in Management
AGM Outcome30 Sep 2026 · AGM/EGM / AGM
AGM and Book Closure dates23 Sep 2026 · Corp. Action / Book Closure
AGM Date and Book Closure Dates23 Sep 2026 · AGM/EGM / AGM
Annual Report 2025-2623 Sep 2026 · Others / Reg. 34 (1) Annual Report
Appointment of new company secretary and compliance officer, with Board Meeting Time added8 Sep 2026 · Company Update / Change in Management
Appointment of New Company Secretary and Compliance Officer7 Sep 2026 · Company Update / Appointment of Company Secretary / Compliance Officer
Unaudited SA Financial Results June 30, 202614 Aug 2026 · Result / Financial Results
Unaudited Results June 30, 202614 Aug 2026 · Result / Financial Results
Rajesh Exports Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve To consider and approve unaudited ....12 Aug 2026 · Board Meeting / Board Meeting
Rumour Verification27 Jul 2026 · Others
The Exchange has sought clarification from Rajesh Exports Ltd on July 8, 2026, with reference to news appeared in https://www.thehindubusinessline.com/ dated July 7, 2026 quoting "NFRA ....8 Jul 2026 · Company Update / Clarification
REL Update26 Jun 2026 · Others
The Exchange has sought clarification from Rajesh Exports Ltd on June 24, 2026, with reference to news appeared in https://www.moneycontrol.com dated June 24, 2026 quoting "ED searches ....24 Jun 2026 · Company Update / Clarification
Update on SEBI Interim Order5 Jun 2026 · Company Update / General
PRESS RELEASE4 Jun 2026 · Company Update / General
General Announcement4 Jun 2026 · Others
The Exchange has sought clarification from Rajesh Exports Ltd on June 4, 2026, with reference to news appeared in https://www.cnbctv18.com/ dated June 4, 2026 quoting "Rajesh Exports shares ....4 Jun 2026 · Company Update / Clarification
Audited Consolidated Results March 31, 202631 May 2026 · Result / Financial Results
Stand Alone Audited Results March 31, 202630 May 2026 · Result / Financial Results
Stand Alone Audited Results March 31, 202630 May 2026 · Board Meeting / Outcome of Board Meeting
Rajesh Exports Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2026 ,inter alia, to consider and approve to consider and approve audited ....25 May 2026 · Board Meeting / Board Meeting
Reg 40 (10) for the year ended March 31, 20261 May 2026 · Company Update / Reg. 40 (10) - PCS Certificate for Transfer / Transmission / Transposition
Regulation 31(4) for year ended March 31, 20266 Apr 2026 · Company Update / General
SA Unaudited Results--December 31, 202514 Feb 2026 · Result / Financial Results
Con Unaudited Results December 31, 202514 Feb 2026 · Result / Financial Results
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 ....6 Feb 2026 · Board Meeting / Board Meeting
AGM Voting Results FY 2024-2531 Dec 2025 · AGM/EGM / AGM
AGM - Outcome30 Dec 2025 · AGM/EGM / AGM
Volume Movement23 Dec 2025 · Company Update / General
The Exchange has sought clarification from Rajesh Exports Ltd on December 23, 2025, with reference to Movement in Volume.<BR><BR>The reply is awaited.23 Dec 2025 · Company Update / Clarification
AGM Date and Record Date18 Dec 2025 · Corp. Action / Record Date
Annual Report 2024-2518 Dec 2025 · Others / Reg. 34 (1) Annual Report
Sep results 202514 Nov 2025 · Result / Financial Results
Sep 2025 unaudited results14 Nov 2025 · Result / Financial Results
Rajesh Exports Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/11/2025 ,inter alia, to consider and approve To consider and approve unaudited ....10 Nov 2025 · Board Meeting / Board Meeting
Appointment of New Company Secretary9 Oct 2025 · Company Update / Change in Management
AGM Date30 Sep 2025 · Company Update / General
Resubmission of Rel Financial Results for the quarter ended June 202520 Sep 2025 · Result / Financial Results

Board meetings

14 Aug 2026 Board Meeting - Financial Results