Rajesh Exports LimitedRAJESHEXPOCorporate

Diamond Cutting / Jewellery Latest results: Mar 2026 14 quarters of data
₹58.77
MCap ₹1,735 Cr · P/E 53.3
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹2,441 Cr
Sales · Mar 2026
-6.8% YoY
₹-57 Cr
Operating Profit · Mar 2026
-311.1% YoY
-2.3%
OPM % · Mar 2026
-330.0% YoY
₹-17 Cr
Net Profit · Mar 2026
-357.4% YoY
₹-0.58
EPS · Mar 2026
-363.6% YoY

📝 Rajesh Exports Limited — results explained

Quarter ended March 2026 (Q4 FY26)

Rajesh Exports Limited reported revenue of ₹2,441 crore for the quarter ended March 2026 (Q4 FY26), down 6.8% from ₹2,619 crore in the same quarter last year, and up 24.8% sequentially over the December 2025 quarter.

The company reported a net loss of ₹17 crore, against a net profit of ₹7 crore in the same quarter last year. Earnings per share (EPS) came in at ₹-0.58.

Operating profit stood at ₹-57 crore — an operating margin (OPM) of -2.3%, compared with 1.0% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Rajesh Exports Limited posted revenue of ₹9,189 crore, a growth of 18.9% over FY25, with a net profit of ₹33 crore (down 30.8% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹9,189 crore with a net profit of ₹33 crore.

Valuation snapshot

At the current price of ₹58.77, RAJESHEXPO has a market capitalisation of ₹1,735 crore and a trailing P/E of about 53.3.

Within the Diamond Cutting / Jewellery industry, it is the 10th-largest of the 17 companies we track by market value.

Shareholding pattern

As of Jun 2026, promoters held 54.55%, foreign institutional investors (FIIs) 12.60%, domestic institutional investors (DIIs) 10.83%, public shareholders 22.02% of Rajesh Exports Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹1,735 Cr
Current Price ?
₹58.8
P/E ?
53.33above ind
Industry P/E ?
16.40
P/B ?
0.34
P/S ?
0.19
P/FCF ?
10.85
Enterprise Value ?
₹2,735 Cr
EV/EBITDA ?
31.30
PEG ?
26.66
Earnings Yield ?
3.2%
Dividend Yield ?
0.00%
Profitability & Returns
Sales (TTM) ?
₹9,189 Cr
OPM ?
1.0%
Profit after tax (TTM) ?
₹33 Cr
EPS (TTM) ?
₹1.10
ROCE ?
3.0%
ROE ?
0.6%
ROA ?
0.4%
Growth
Sales — latest qtr ?
₹2,441 Cr
PAT — latest qtr ?
₹-17 Cr
YoY qtr sales growth ?
-6.8%
YoY qtr profit growth ?
-357.4%
Sales growth (3y) ?
17%
Sales growth (5y) ?
35%
Profit growth (3y) ?
2%
Profit growth (5y) ?
-20%
Financial Health
Debt ?
₹1,000 Cr
Debt to Equity ?
0.20
Interest Coverage ?
0.6
Current Ratio ?
N/A
Ownership
Promoter holding ?
54.55%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
-31.6%
Return 6 months ?
-53.5%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026 YoY % QoQ %
Sales 1,6341,4981,4661,6021,0061,3277311,7622,6192,6191,4273,3651,9562,441 -6.8% +24.8%
Operating Profit 60-9758158-18639462727504945-57 -311.1% -226.3%
Other Income 080101751110131399975 +457.7% +694.4%
Interest —10000423032333338373839 +17.3% +2.6%
Depreciation 00000000000000 -100.0% -100.0%
Profit Before Tax 60-10058168-54202377222216-21 -398.3% -227.8%
Net Profit 60-10258147-61142077181813-17 -357.4% -226.2%
EPS 2.04-3.451.960.490.24-2.060.460.670.220.220.600.610.46-0.58 -363.6% -226.1%
OPM % 3.7% -6.5% 4.0% 1.0% 0.8% -14.0% 5.4% 2.6% 1.0% 1.0% 3.5% 1.5% 2.3% -2.3% -330.0% -200.0%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹7,731 Cr ₹9,189 Cr ₹9,189 Cr +18.9%
Operating Profit ₹139 Cr ₹87 Cr ₹87 Cr -37.0%
OPM % 1.79% 0.95% 0.95% -46.9%
NPM % 0.61% 0.35% 0.35% -42.6%
Other Income ₹47 Cr ₹103 Cr ₹103 Cr +119.3%
Depreciation ₹0 Cr ₹0 Cr ₹0 Cr -36.4%
Interest ₹128 Cr ₹152 Cr ₹152 Cr +18.1%
EBIT ₹138 Cr ₹87 Cr ₹87 Cr -37.0%
PBT ₹57 Cr ₹39 Cr ₹39 Cr -30.6%
Tax ₹10 Cr ₹7 Cr ₹7 Cr -29.2%
Net Profit ₹47 Cr ₹33 Cr ₹33 Cr -30.8%
EPS ₹1.57 ₹1.09 ₹1.09 -30.6%
Material Cost ₹5,048 Cr ₹5,301 Cr ₹5,301 Cr +5.0%
Employee Cost ₹2 Cr ₹1 Cr ₹1 Cr -20.8%
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 30303030 +0.0%
Reserves 4,9875,0055,0295,061 +0.6%
Borrowings 6246549211,000 +8.6%
Other Liabilities 2,9201,4191,4861,476 -0.7%
Total Liabilities 8,5607,1087,4667,567 +1.4%
Fixed Assets 59595862 +6.9%
CWIP 0000 —
Investments 2,5542,5902,7422,807 +2.4%
Other Assets 5,9474,4594,6664,697 +0.7%
Total Assets 8,5607,1087,4667,567 +1.4%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 42131-9165 +1933.3%
Cash from Investing Activity 1-34-151-63 +58.3%
Cash from Financing Activity -646718624 -87.1%
Net Cash Flow -2116526126 +384.6%
Free Cash Flow 42131-9160 +1877.8%
CFO/OP 48%588%5%-37% -840.0%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 253169137105 -23.4%
Inventory Days 24262824 -14.3%
Days Payable 187947859 -24.4%
Cash Conversion Cycle 901018770 -19.5%
Working Capital Days 1151107954 -31.6%
ROCE % 2%3%3%3% +0.0%

👥 Shareholding (latest 5 periods)

Metric Mar 2025Jun 2025Sep 2025Mar 2026Jun 2026 % Chg
Promoters 54.55%54.55%54.55%54.55%54.55% +0.0%
FIIs 15.19%14.94%15.26%14.26%12.60% -11.6%
DIIs 10.98%10.95%10.96%10.80%10.83% +0.3%
Public 19.29%19.56%19.24%20.39%22.02% +8.0%
No. of Shareholders 2,14,9692,13,9082,06,9421,98,7962,01,013 +1.1%

⚖️ Peer comparison

Industry: Diamond Cutting / Jewellery · 17 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 SKYGOLD SKY GOLD ₹967.60 14,986 62.3 5,337 241 6.9% 4.5% 61.0% 90.4% 77.6% 85.9%
2 PCJEWELLER PC Jeweller ₹13.86 13,594 17.3 3,505 775 22.4% 22.1% 49.4% 23.7% 21.0% 37.0%
3 PNGJL P N ₹612.40 9,015 18.6 11,438 446 5.8% 3.9% 39.6% 87.8% 40.7% 52.7%
4 SENCO Senco Gold ₹333.90 5,473 9.6 9,660 571 10.3% 5.9% 32.0% 262.2% 67.4% -3.7%
5 GOLDIAM Goldiam International ₹321.80 4,845 17.2 1,074 211 21.0% 19.6% 25.1% 46.2% 41.8% 117.6%
6 TBZ Tribhovandas Bhimji ₹624.65 4,168 19.5 3,420 214 11.1% 6.3% 22.2% 196.9% 34.8% 50.8%
7 VAIBHAVGBL Vaibhav Global ₹216.26 3,627 12.7 3,795 285 10.4% 7.5% 9.3% 73.7% 12.7% 48.4%
8 DPABHUSHAN D. P. ₹1,321.60 3,017 — — — — — 10.8% 41.5% 7.1% 45.2%
9 MOTISONS Motisons Jewellers ₹17.74 2,018 26.5 510 67 17.8% 13.1% 5.9% 47.5% 23.3% 37.6%
10 RAJESHEXPO Rajesh Exports ₹62.00 1,831 10.8 887,510 168 0.0% 0.0% 84.1% 16.1% 82.7% 595.0%
11 RGL Renaissance Global ₹164.16 1,763 16.1 3,062 109 6.6% 3.6% 35.1% 22.1% 47.3% 288.8%
12 MVGJL Manoj Vaibhav ₹219.18 1,071 8.8 2,909 122 6.6% 4.2% 15.1% 14.1% 30.0% 31.3%
13 RADHIKAJWE Radhika Jeweltech ₹67.94 803 10.1 693 79 15.8% 11.5% 8.7% 30.0% 53.8% 25.5%
14 RBZJEWEL RBZ Jewellers ₹187.03 748 15.1 468 50 17.4% 10.8% -20.3% 23.5% 58.9% 29.9%
15 SILGO Silgo Retail ₹69.87 223 38.7 47 6 18.7% 12.2% 6.0% 28.4% -19.1% 9.8%
16 KANANIIND Kanani Industries ₹1.44 28 12.2 154 2 0.7% 1.5% 3.2% 230.8% -23.2% -113.8%
17 GOENKA Goenka Diamond ₹0.83 26 — 2 -1 -14.1% -53.8% 57.4% 51.4% -100.0% -35.7%
❓ Frequently asked questions
What was Rajesh Exports Limited's revenue in Q4 FY26?
Rajesh Exports Limited reported revenue of ₹2,441 crore for the quarter ended March 2026 (Q4 FY26), down 6.8% from ₹2,619 crore in the same quarter last year, and up 24.8% sequentially over the December 2025 quarter.
What was Rajesh Exports Limited's net profit in Q4 FY26?
The company reported a net loss of ₹17 crore, against a net profit of ₹7 crore in the same quarter last year. Earnings per share (EPS) came in at ₹-0.58.
What is RAJESHEXPO's market capitalisation and P/E ratio?
At the current price of ₹58.77, RAJESHEXPO has a market capitalisation of ₹1,735 crore and a trailing P/E of about 53.3.
Who owns Rajesh Exports Limited? (shareholding pattern)
As of Jun 2026, promoters held 54.55%, foreign institutional investors (FIIs) 12.60%, domestic institutional investors (DIIs) 10.83%, public shareholders 22.02% of Rajesh Exports Limited.
TTM ends 2026-03-31. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI