Financial Performance Summary

Revenue Performance

  • Revenue from operations: ₹123.07 crore in Q1 FY27 vs ₹85.07 crore in Q1 FY26, representing 44.66% YoY growth
  • Growth driven by production and dispatches remaining in full swing throughout the quarter
  • Current year figures include consolidation of subsidiary financials

Profitability Metrics

  • EBITDA (excluding Other Income): ₹21.72 crore in Q1 FY27 vs ₹18.58 crore in Q1 FY26, representing 16.90% YoY growth
  • EBITDA Margin: 17.65% in Q1 FY27 vs 21.84% in Q1 FY26 (419 bps contraction)
  • PAT: ₹17.35 crore in Q1 FY27 vs ₹15.02 crore in Q1 FY26, representing 15.52% YoY growth
  • PAT Margin: 14.10% in Q1 FY27 vs 17.65% in Q1 FY26 (355 bps contraction)

Sequential Performance Comparison

  • Revenue improved significantly from Q4 FY26 (₹79.40 crore) to Q1 FY27 (₹123.07 crore)
  • EBITDA Margin improved by 1,363 bps sequentially from Q4 FY26 (4.02%) to Q1 FY27 (17.65%)
  • PAT Margin improved significantly from Q4 FY26 (2.97%) to Q1 FY27 (14.10%)

Full Year Comparison

  • FY26 Total Income from Operations: ₹344.25 crore vs FY25: ₹253.66 crore (35.72% growth)
  • FY26 EBITDA: ₹62.16 crore vs FY25: ₹46.31 crore (34.23% growth)
  • FY26 PAT: ₹49.43 crore vs FY25: ₹38.12 crore (29.67% growth)

Operational Highlights

Capacity Utilization

  • Production facilities operated at high-capacity utilization during the quarter
  • Higher capacity utilization contributed to improved sequential EBITDA performance
  • Successful dispatch of orders carried forward from previous quarters

Margin Pressure Factors

  • Elevated raw material prices impacted margins
  • Higher procurement and logistics costs due to global geopolitical developments
  • Company focused on operational efficiency and cost optimization to mitigate cost pressures

Recent Developments

Management Appointment

  • Appointed Mr. Kevin J. Dhruve as Company Secretary and Compliance Officer
  • Mr. Dhruve will oversee corporate governance, statutory compliance and regulatory affairs as Key Managerial Personnel

Technology Upgrade

  • Completed technology upgrade of Shree Yantralaya The Machine Shop
  • Upgrade enhances precision manufacturing and increases in-house value addition
  • Improvements in operational efficiencies and reduction in lead times

Management Commentary

Ms. Khushboo Chandrakant Doshi, Managing Director, highlighted:

  • Strong start to FY27 driven by robust execution and timely customer deliveries
  • Focus on operational efficiency and cost optimization amid margin pressures
  • Monitoring commodity prices and supply chain dynamics closely
  • Working towards improving procurement efficiencies and enhancing product mix
  • Optimistic about opportunities in flexible packaging and polymer processing industry
  • Growth drivers include increasing demand for sustainable packaging solutions, modernization of manufacturing infrastructure, and growing customer investments
  • Strategic focus on technology leadership, product innovation, and expanding international footprint
  • Strong order pipeline and sound manufacturing capabilities position company for long-term profitable growth
  • Acknowledged challenges from global geopolitical uncertainties and raw material volatility

Business Overview

Rajoo Engineers Limited is a leading plastic extrusion machine manufacturer with 39 years of experience in the industry. The company specializes in blown film and sheet extrusion lines and thermoformers, with customers in over 70 countries. The company is technology-driven with focus on product innovations, world-class quality, and energy efficiency.

Forward-Looking Statements Disclaimer

The document contains cautionary statements about forward-looking information being subject to risks and uncertainties including regulatory changes, local political or economic developments, and other factors that could cause actual results to differ materially from expectations.