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Rajoo Engineers Ltd. Audit Report / Information 2026
61597_rns_2026-04-28_58911625-d6f3-4df0-aed9-2187c303afc0.pdf
Audit Report / Information
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RAJOO
excellence in extrusion
April 28, 2026
To,
BSE Limited (BSE)
Phiroze Jeejeebhoy Towers,
Dalal Street, Fort,
Mumbai - 400 001
To,
National Stock Exchange of India Ltd (NSE)
Exchange Plaza, Bandra Kurla Complex,
Bandra East,
Mumbai – 400 051
BSE Script Code: 522257
NSE Symbol: RAJOOENG
Subject: Outcome of Board Meeting held on Tuesday, April 28, 2026
Reference: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations")
Dear Sir/ Madam,
With reference to the captioned subject and pursuant to Regulation 30 of SEBI Listing Regulations read with Part A of Schedule III thereto, and in continuation of our letter of intimation dated April 22, 2026, this is to inform you that the Board of Directors of the Company, at its meeting held on Tuesday, April 28, 2026, which commenced at 03:00 PM and concluded at 04:45 PM at the Registered Office of the Company, has, inter alia, considered and approved the following:
- Audited Standalone and Consolidated Financial Results of the Company for the quarter and year ended March 31, 2026 along with the Audit Report by Statutory Auditors of the Company and a declaration regarding Audit Report with unmodified opinion;
- Recommendation of final dividend of Rs. 0.15 per equity share of Re. 1 each for the Financial Year 2025-26, subject to approval by the shareholders of the Company at the ensuing Annual General Meeting;
- On recommendation of Audit Committee, re-appointment of M/s. Savjani and Associates, Chartered Accountants, (FRN: 133389W) as Internal Auditors of the Company for the financial year 2026-27;
- On recommendation of Audit Committee, re-appointment of M/s. Shailesh Thaker & Associates, Cost Accountants (FRN: 101454) as Cost Auditors of the Company for the financial year 2026-27 whose remuneration shall be subject to the ratification by the shareholders;
- Noted and approved the resignation of Mr. Nikhil V. Gajjar (Membership No. F12591) as the Company Secretary & Compliance Officer and the Key Managerial Personnel ("KMP") of the Company with effect from close of business hours on April 30, 2026.
Audited Standalone and Consolidated Financial Results along with Audit Report for the quarter and year ended March 31, 2026 are enclosed herewith as Annexure-I and declaration regarding Audit Report with unmodified opinion by Managing Director and Chief Financial Officer of the Company is enclosed herewith as Annexure-II.
Rajoo Engineers Limited
Regd. Office : Rajoo Avenue Survey No. 210, Plot No.1, Industrial Area, Veraval (Shapar) Dist-Rajkot - 360 024. Gujarat - India.
+91-97129-62704/52701/32706
+91-90990 96292
[email protected]
www.rajoo.com
CIN : L27100GJ1986PLC009212 GSTN : 24AABCR3204M1ZL
CE
RAJOO®
excellence in extrusion
Further, details pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure-III.
You are requested to take the above information on your record.
Thanking You.
Yours faithfully,
For, Rajoo Engineers Limited
NIKHIL
VASANTBHAI
GAJJAR
Digitally signed by NIKHIL
VASANTBHAI GAJJAR
Date: 2026.04.28 18:19:18 +01'30'
Nikhil Gajjar
Company Secretary and Compliance Officer
Encl.: a/a.
Rajoo Engineers Limited
Regd. Office : Rajoo Avenue Survey No. 210, Plot No.1, Industrial Area, Veraval (Shapar) Dist-Rajkot - 360 024. Gujarat - India.
+91-97129-62704/52701/32706
+91-90990 96292
[email protected]
www.rajoo.com
CIN : L27100GJ1986PLC009212 GSTN : 24AABCR3204M1ZL
CE
Annexure I
A-201, THE IMPERIAL HEIGHTS, 150 FEET RING ROAD, RAJKOT-360005
Tele.: 0281-2581255 Email: [email protected]
Rushabh R Shah And Co.
Chartered Accountants
INDEPENDENT AUDITOR'S REPORT ON AUDIT OF ANNUAL CONSOLIDATED FINANCIAL RESULTS AND REVIEW OF QUARTERLY FINANCIAL RESULTS
To
The Board of Directors,
Rajoo Engineers Limited
Report on the audit of the Consolidated Financial Results
Opinion and Conclusion
We have (a) audited the Consolidated Financial Results for the year ended March 31, 2026 and (b) reviewed the Consolidated Financial Results for the quarter ended March 31, 2026 (refer 'Other Matters' section below), which were subject to limited review by us, both included in the accompanying "Statement of Consolidated Financial Results for the quarter and year ended March 31, 2026" of RAJOO ENGINEERS LIMITED ("the Parent") and its subsidiary (Together referred to as "Group") and its share of the net Profit after tax and total comprehensive Profit of its joint venture for the quarter and year ended March 31, 2026, ("the Statement") being submitted by the Parent pursuant to the requirements of Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("The Listing Regulations").
a) Opinion on Annual Consolidated Financial Results
In our opinion and to the best of our information and according to the explanations given to us, and based on the consideration of our audit reports on financial information of joint venture and subsidiary referred to in Other Matters section below, the Consolidated Financial Results for the quarter and year ended March 31, 2026:
(i) Includes the results of Rajoo Bausano Extrusion Private Limited ("Joint Venture") and the results of Kohli Printing and Converting Private Limited ("Subsidiary Company").
(ii) Is presented in accordance with the requirements of Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended; and
(iii) Gives a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standards and other accounting principles generally accepted in India of the consolidated net Profit and consolidated total comprehensive income and other financial information of the Group for the quarter and year ended March 31, 2026.
b) Conclusion on Audited Consolidated Financial Results for the quarter and year ended March 31, 2026
With respect to the Consolidated Financial Results for the quarter and year ended March 31, 2026, based on our review conducted and procedures performed as stated in paragraph (b) of Auditor's Responsibilities section below and based on the consideration of the review reports of the joint venture and subsidiary referred to in 'Other Matters' section below, nothing has come to our attention that causes us to believe that the Consolidated Financial Results for the quarter and year ended March 31, 2026, prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.
Basis for Opinion
We conducted our audit in accordance with the Standards on Auditing (SAs), as specified under Section 143(10) of the Companies Act, 2013, as amended ("the Act"). Our responsibilities under those Standards are further described in the "Auditor's Responsibilities for the Audit of the Consolidated Financial Results" section of our report. We are independent of the Group, and its joint venture in accordance with the 'Code of Ethics' issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us, is sufficient and appropriate to provide a basis for our opinion.
Management's Responsibilities for the Consolidated Financial Results
This Statement, which includes the Consolidated Financial Results is the responsibility of the Parent's Board of Directors and has been approved by them for the issuance. The Consolidated Financial Results for the quarter and year ended March 31, 2026, has been compiled from the related audited Consolidated Financial Statements. This responsibility includes the preparation and presentation of the Consolidated Financial Results for the quarter and year ended March 31, 2026 that give a true and fair view of the consolidated Net Profit and consolidated Other comprehensive income and other financial information of the Group including its joint venture in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards, prescribed under Section 133 of the Act, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 and Regulation 52 of the Listing Regulations.
P
The Board of Directors of the Group and the joint venture are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of their company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Statement that give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of the Statement by the Directors of the Parent, as aforesaid. In preparing the Statement, the Board of Directors of the Group and the joint venture are responsible for assessing the ability of their company to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the company or to cease operations, or has no realistic alternative but to do so.
The Board of Directors of the Group and the joint ventures are also responsible for overseeing the financial reporting process of their respective companies.
Auditor's Responsibilities for the Audit of the Consolidated Financial Results
a) Audit of the Consolidated Financial Results for the quarter and year ended March 31, 2026
Our objectives are to obtain reasonable assurance about whether the Consolidated Financial Results for the quarter and year ended March 31,2026 as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the Consolidated Financial Results.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:
- Identify and assess the risks of material misstatement of the Statement, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
PARKING 1564120
CA
RAJKOT
Chartered Accountants
-
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of such controls.
-
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.
-
Conclude on the appropriateness of the Board of Directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of its joint ventures and subsidiary to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the Statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause its joint ventures and subsidiary to cease to continue as a going concern.
-
Evaluate the overall presentation, structure and content of the Consolidated Financial Results, including the disclosures, and whether the Annual Consolidated Financial Results represent the underlying transactions and events in a manner that achieves fair presentation.
-
Perform procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the Listing Regulations to the extent applicable.
-
Obtain sufficient appropriate audit evidence regarding the financial results/financial information of the entities within its joint ventures and its subsidiary Company of which we are the independent auditors and whose financial information we have audited, to express an opinion on the Statement. We are responsible for the direction, supervision and performance of the audit of the financial information of such entities included in the Statement of which we are the independent auditors. For the other entities included in the Statement, which have been audited by other auditors, such other auditors remain responsible for the direction, supervision and performance of the audits carried out by them. We remain solely responsible for our audit opinion.
Materiality is magnitude of misstatement in the statement that, individually or in aggregate, make it probable that the economic decisions of a reasonably knowledgeable user of statement may be influenced. We consider quantitative materiality and qualitative factors in i) planning the scope of our audit work and in evaluating the results of our work; and ii) to evaluate the effect of any identified misstatement in the statement.
We communicate with those charged with governance of the Parent and such other entities included in the Consolidated Financial Results of which we are the independent auditors regarding,
RESEARCH R. BRAB AND O'CONNOR
RAJKOT
RENEWABLES
among other matters, the planned scope and timing of the audit and significant audit findings including any significant deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
b) Review of the Consolidated Financial Results for the quarter and year ended March 31, 2026
We conducted our review of the Consolidated Financial Results for the quarter and year ended March 31, 2026 in accordance with the Standard on Review Engagements (SRE) 2410 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity', issued by the ICAI. A review of interim financial information consists of making inquiries, primarily of the Company's personnel responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with SAS specified under section 143(10) of the Act and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
The Statement includes the results of the entities as listed under paragraph (a) (i) of Opinion and Conclusion section above.
We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable.
Other Matter
- The Statement includes the results for the quarter ended March 31, 2026 being the balancing figures between the audited figures in respect of the full financial year ended March 31, 2026 and the published year to date figures up to the third quarter of the current financial year, which were subjected to a limited review by us. Our report is not modified in respect of this matter.
- The financial statements of the joint venture that are a part of the Consolidated Annual Financial Result have been subject to audit by us and our opinion is not modified in such report dated 28.04.2026.
- We have audited the financial statements of Subsidiary included in the consolidated financial results, whose financial statements reflect total assets of Rs.21,199.26 lakhs as at 31 March, 2026 and total revenues of Rs.5,139.43 lakhs, total net profit after tax of Rs.288.19 lakhs, and net cash outflow of Rs.171.70 lakhs for the year ended 31st March 2026, as considered in the Statement. The consolidated financial results also include other comprehensive income of Rs.3.43 lakhs for the year ended 31st March 2026, as considered in the Statement, in respect of a subsidiary whose financial statements have audited by us.
For Rushabh R Shah & Co.
Chartered Accountants
FRN: 156419W
Rushabh Shah
Proprietor
Membership No.: 607585
UDIN: 26607585VGVDHY8105
Date: 28/04/2026
Place: Rajkot
CE
Rajoo
excellence in extrusion
Rajoo Engineers Limited
Regd. Office : Survey No 210, Plot No 1, Industrial Area, Veraval (Shapar),
Dist. Rajkot-360024 Phone: +91-97129-62704 / 52701/ 32706,
Email: [email protected], Web : www.rajoo.com
CIN : L27100GJ1986PLC009212
Statement of Audited Consolidated Financial Results for the Quarter and Year ended March 31, 2026
Rs. in Lakhs (Except per share data)
| Sr No | Particulars | Quarter Ended | Year Ended | |||
|---|---|---|---|---|---|---|
| 31-03-2026 | 31-12-2025 | 31-03-2025 | 11-03-2026 | 31-03-2025 | ||
| Audited | Un Audited | Audited | Audited | Audited | ||
| I | Income | |||||
| Revenue From Operations | 7,940.16 | 8,754.28 | 8,989.62 | 34,423.29 | 25,365.51 | |
| Other income | 247.81 | 202.81 | 197.91 | 998.62 | 996.11 | |
| Total Income (I) | 8,187.05 | 8,957.09 | 9,187.53 | 35,393.91 | 25,931.62 | |
| II | Expenses | |||||
| Cost of materials consumed | 8,268.26 | 9,011.68 | 5,500.43 | 23,588.91 | 16,889.95 | |
| Purchases of Stock-in-trade | - | - | - | - | - | |
| Changes in inventories of finished goods, Stock in Trade and work in progress | -3,331.07 | -2,368.57 | -539.21 | -4,403.86 | -2,702.16 | |
| Employee benefits expense | 950.16 | 877.55 | 705.21 | 3,021.38 | 2,362.95 | |
| Finance costs | 51.06 | 40.69 | 48.13 | 215.79 | 93.00 | |
| Depreciation and amortization expense | 184.16 | 208.23 | 101.82 | 639.89 | 412.35 | |
| Other expenses | 1,896.91 | 1,995.81 | 1,674.10 | 6,101.18 | 4,184.20 | |
| Total expenses (II) | 8,019.52 | 6,825.09 | 7,290.50 | 29,183.46 | 21,240.49 | |
| III | Profit/(loss) before Share of Profit / (Loss) of Associates and Joint Ventures, exceptional items and tax (I-II) | 168.47 | 2,131.70 | 1,897.03 | 6,210.45 | 4,691.13 |
| IV | Exceptional Items | |||||
| V | Profit/(loss) before Share of Profit / (Loss) of Associates and Joint Ventures and tax (III-IV) | 168.47 | 2,131.70 | 1,897.03 | 6,210.45 | 4,691.13 |
| VI | Share of Profit / (Loss) of Associates and Joint Ventures | 93.01 | 65.42 | 147.94 | 273.25 | 281.91 |
| VII | Profit/(loss) before tax (V+VI) | 360.45 | 2,197.12 | 2,044.99 | 6,483.70 | 4,973.04 |
| VIII | Tax expenses | |||||
| Current tax | -3.46 | 392.39 | 481.78 | 1,487.97 | 1,146.89 | |
| Deferred tax | 40.83 | 16.76 | 32.37 | 85.93 | 14.52 | |
| Short/Essess provision of tax | 40.22 | - | - | 40.22 | - | |
| Total Tax expense (VIII) | 77.41 | 409.33 | 514.15 | 1,994.12 | 1,561.41 | |
| IX | Profit/(loss) after tax for the period (VII-VIII) | 183.08 | 1,787.78 | 1,530.84 | 6,889.38 | 3,811.63 |
| X | Other Comprehensive Income | |||||
| DO that will not be reclassified to P&L | 4.36 | - | -3.88 | 4.36 | -3.88 | |
| DO income tax of items that will not be reclassified to P&L | -1.10 | - | 0.98 | -1.10 | 0.98 | |
| Total Other Comprehensive Income (X) | 3.26 | - | -2.90 | 3.26 | -2.90 | |
| XI | Total Comprehensive Income for the period (XI-X) | 186.34 | 1,787.79 | 1,527.94 | 4,892.84 | 3,808.73 |
| Profit/(loss) after tax for the period attributable to: | ||||||
| -Owners of the company | 163.24 | 1,683.65 | 1,530.84 | 4,774.20 | 3,811.63 | |
| -Non-Controlling Interests | 19.84 | 104.14 | - | 119.18 | - | |
| 163.06 | 1,787.79 | 1,530.84 | 4,889.58 | 3,811.63 | ||
| Other Comprehensive Income attributable to: | ||||||
| -Owners of the company | 1.86 | - | -2.90 | 1.86 | -2.90 | |
| -Non-Controlling Interests | 1.37 | - | - | 1.37 | - | |
| 3.26 | - | -2.90 | 3.26 | -2.90 | ||
| Total Comprehensive Income for the period attributable to: | ||||||
| -Owners of the company | 163.12 | 1,683.65 | 1,527.94 | 4,774.19 | 3,808.73 | |
| -Non-Controlling Interests | 21.21 | 104.24 | - | 119.43 | - | |
| 186.34 | 1,787.79 | 1,527.94 | 4,892.84 | 3,808.73 | ||
| XII | Paid-Up Equity Share Capital (Face Value of Re. 1 per share) | 1,784.75 | 1,796.75 | 1,639.96 | 1,786.75 | 1,639.96 |
| XIII | Reserve excluding Revaluation Reserves as per balance sheet of previous accounting year | 32,750.59 | 14,681.22 | |||
| XIV | Earnings per equity share (of Re. 1 each) | |||||
| Basic | 0.09 | 0.94 | 0.93 | 2.74 | 2.32 | |
| Diluted | 0.09 | 0.94 | 0.93 | 2.74 | 2.32 |
Notes :
1) The above audited consolidated financial results for the quarter and year ended March 31, 2026 have been reviewed by the Audit Committee and were thereafter approved by the Board of Directors of the Company at its meeting held on April 28, 2026. The Statutory Auditors of the Company have issued audit report with unmodified opinion on the above results.
2) The Audited Consolidated financial results have been prepared in accordance with the applicable Indian Accounting Standards as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules 2013 and Amended Rules, 2018.
3) The company is in the business of manufacturing of Plastic Extrusion plant and machinery and therefore the Company's business falls within a single business segment. Consequently, "Segment Reporting" is not applicable to the Company.
4) The Board of Directors has recommended dividend of Rs. 0.15/- per fully paid-up equity share of Re. 1/- each for the financial year ended March 31, 2026. This payment of dividend is subject to approval of members of the Company at ensuing Annual General Meeting of the Company.
5) The Government of India has consolidated 29 existing labour legislations into a unified framework comprising four labour codes, viz., the Code on Wages, 2019; the Code on Social Security, 2020; the Industrial Relations Code, 2020; and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively referred to as the "New Labour Codes"). The New Labour Codes have been made effective from November 21, 2025; however, the supporting rules are yet to be notified. In this regard, the Company has conducted an initial evaluation and, at this stage, does not anticipate any significant impact. However, a detailed assessment is currently underway to determine the implications, including any potential effect on the financial statements. Since this exercise is still in progress, any impact, if identified, will be accounted for upon completion of the implementation process in the subsequent period.
6) The corresponding figures of the previous year/period have been regrouped/reclassified, wherever necessary, to conform to the classification of the current period. The figures for the quarter ended March 31, 2026 and March 31, 2025 represent the balancing figures between the audited figures in respect of the full financial year and the published year-to-date figures up to the end of the third quarter of the respective financial years.
7) Pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the aforesaid Financial Results may be accessed on the company's website at www.rajoo.com and may also be accessed at the website of the P&L Limited (VAT No) National Stock Exchange of India Limited (NSK), the Stock Exchanges where shares of the Company are listed at www.bssindia.com and www.nvkindia.com.
Date: 28.04.2026
Place: Veraval (Shapar)
8) STATEMENT OF CONSOLIDATED ASSETS AND LIABILITIES AS AT MARCH 31, 2026
Rs. in Lacs
| Particulars | As at
31 March 2026 | As at
31 March 2025 |
| --- | --- | --- |
| ASSETS | | |
| Non-current assets | | |
| Property, Plant and Equipment | 9,370.14 | 5,286.59 |
| Right of Use Assets | 15.43 | 25.71 |
| Capital work in progress | 1,261.57 | 111.26 |
| Goodwill | 11,930.46 | - |
| Other Intangible assets | 146.83 | 138.87 |
| Financial Assets | | |
| Investments | 5,032.07 | 1,603.14 |
| Other financial assets | 676.86 | 42.66 |
| Other non current assets | 73.04 | 50.25 |
| Total Non-current Assets | 28,506.40 | 7,258.48 |
| Current assets | | |
| Inventories | 20,485.73 | 13,035.51 |
| Financial Assets | | |
| Trade receivables | 997.06 | 1,508.89 |
| Cash and cash equivalents | 1,689.44 | 620.69 |
| Bank balances | 8,675.82 | 8,061.15 |
| Loans | 62.10 | 16.31 |
| Other financial assets | 35.32 | 20.94 |
| Other current assets | 6,986.79 | 1,917.41 |
| Total Current Assets | 38,932.26 | 25,180.90 |
| Total Assets | 67,438.66 | 32,439.38 |
| EQUITY and LIABILITIES | | |
| Equity Share Capital | 1,786.75 | 1,639.96 |
| Other Equity | 32,750.59 | 14,681.22 |
| Total Equity | 34,537.34 | 16,321.18 |
| Non controlling interests | 1,418.61 | - |
| Non-current liabilities | | |
| Financial Liabilities | | |
| Borrowings | 844.93 | - |
| Lease liabilities | 17.55 | 27.35 |
| Other financial liabilities | 130.27 | 36.72 |
| Deferred tax liabilities net | 454.86 | 389.68 |
| Total Non-current liabilities | 1,447.61 | 453.75 |
| Current liabilities | | |
| Financial Liabilities | | |
| Borrowings | 1,570.79 | - |
| Trade Payables | | |
| - total outstanding dues of micro enterprises and small enterprises | 1,095.89 | 998.60 |
| - total outstanding dues of others | 3,556.52 | 2,004.79 |
| Other financial liabilities | 474.48 | 355.97 |
| Other current liabilities | 22,909.21 | 11,683.69 |
| Provisions - current | 309.22 | 323.77 |
| Current Tax Liabilities, net | 118.99 | 297.63 |
| Total Current liabilities | 30,035.10 | 15,664.45 |
| Total liabilities | 31,482.71 | 16,118.20 |
| Total Equity and Liabilities | 67,438.66 | 32,439.38 |
9) Consolidated Statement of Cash Flow for the year ended 31.03.2026
Rs. in Lakhs
| Particulars | As at
31 March 2026 | As at
31 March 2025 |
| --- | --- | --- |
| CASH FLOWS FROM OPERATING ACTIVITIES | | |
| Profit for the year | 4,889.58 | 3,811.63 |
| Adjustments for: | | |
| Depreciation and amortisation | 659.90 | 412.55 |
| Share of Profit of Joint Venture | -273.25 | -281.91 |
| (Gain)/Loss on disposal of property, plant and equipment | -3.55 | 0.02 |
| (Gain)/Loss on disposal of Investments | -99.64 | -34.75 |
| Unrealised Gain on Foreign Exchange Difference | 0.54 | 42.39 |
| Provision for Income tax | 1,594.12 | 1,161.41 |
| Empoyee Deposit Ind as | 1.88 | -0.87 |
| Interest on lease | -9.80 | -8.42 |
| Bad debts, provision for trade receivables and advances, net | 17.21 | 0.50 |
| Finance Cost | 215.65 | 93.00 |
| Interest Income | -754.79 | -467.07 |
| Dividend Income | -53.33 | -1.94 |
| Unrealised Gain/Loss on Investment | -36.09 | -27.97 |
| Operating profit before working capital changes | 6,148.43 | 4,698.57 |
| Adjustment for (Increase) / decrease in operating assets | | |
| Trade receivables | 1,033.41 | 82.44 |
| Loans & Advances | 3.58 | -5.13 |
| Other financial assets | -346.22 | 853.89 |
| Inventories | -4,807.65 | -2,737.68 |
| Other assets | -2,357.64 | -1,244.44 |
| Adjustment for (Increase) / decrease in operating liabilities | | |
| Trade payables | -879.14 | 103.47 |
| Other financial liabilities | -561.86 | 211.34 |
| Other Liabilities | 10,315.71 | 5,374.60 |
| Provisions | -36.07 | 250.82 |
| Cash generated from operations | 8,512.55 | 7,587.88 |
| Income tax paid (net) | -1,731.24 | -822.37 |
| Net cash generated by operating activities | 6,781.31 | 6,765.51 |
| CASH FLOWS FROM INVESTING ACTIVITIES | | |
| Bank deposits placed | -614.68 | -5,027.68 |
| Purchase of property, plant and equipment | -6,057.75 | -1,247.52 |
| Purchase of intangible assets | -7.96 | -54.49 |
| Purchase of other Investment | -14,474.65 | -142.04 |
| Cash and Cash Equivalent of Subsidiary on acquisition date | 832.94 | - |
| Proceeds from disposal of property, plant and equipment | 37.03 | 2.35 |
| Dividend received | 53.33 | 1.94 |
| Interest received | 760.31 | 467.07 |
| Net cash (used in) / generated by investing activities | -19,471.43 | -6,000.37 |
| CASH FLOWS FROM FINANCING ACTIVITIES | ||
|---|---|---|
| Repayment of lease liabilities | -9.80 | -8.42 |
| Proceeds from short term borrowings | -302.63 | -131.06 |
| Proceeds from long term borrowings | 827.21 | - |
| Finance cost | -316.09 | -93.00 |
| Dividend paid (including tax on dividend) | -268.01 | -153.76 |
| Issue of Equity Shares | 13,804.70 | - |
| Net cash used in financing activities | 13,735.38 | -386.24 |
| Net increase / (decrease) in cash and cash equivalents | 1,045.26 | 378.90 |
| Cash and cash equivalents at the beginning of the year | 620.69 | 217.29 |
| Exchange gain loss on Cash and cash equivalents | 23.49 | 24.50 |
| Cash and cash equivalents at the end of the year | 1,689.44 | 620.69 |
| Particulars | As at | |
| 31 March 2026 | As at | |
| 31 March 2025 | ||
| --- | --- | --- |
| Cash and cash equivalents includes | ||
| Cash on hand | ||
| Balances with Banks | 14.56 | |
| 1,674.88 | 6.47 | |
| 614.22 |
Rushabh R Shah And Co.
Chartered Accountants
A-201, THE IMPERIAL HEIGHTS,
150 FEET RING ROAD,
RAJKOT-360005
Tele.: 0281-2581255
Email: [email protected]
INDEPENDENT AUDITOR'S REPORT ON AUDIT OF ANNUAL STANDALONE FINANCIAL RESULTS AND REVIEW OF QUARTERLY FINANCIAL RESULTS
To
The Board of Directors,
Rajoo Engineers Limited
Report on the audit of the Standalone Financial Results
Opinion and Conclusion
We have (a) audited the Standalone Financial Results for the year ended March 31, 2026 and (b) reviewed the Standalone Financial Results for the quarter ended March 31, 2026 (refer 'Other Matters' section below), which were subject to limited review by us, both included in the accompanying "Statement of Standalone Financial Results for the quarter and year Ended March 31, 2026." of RAJOO ENGINEERS LIMITED (the "Company"), being submitted by the Company pursuant to the requirements of Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations").
(a) Opinion on Annual Standalone Financial Results
In our opinion and to the best of our information and according to the explanations given to us, the Standalone Financial Results for the quarter and year ended March 31, 2026 is presented in accordance with the requirements of Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended; and gives a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standards and other accounting principles generally accepted in India of the net profit and other comprehensive income and other financial information of the Company for the year then ended.
(b) Conclusion on Audited Standalone Financial Results for the quarter and year ended March 31, 2026
With respect to the Standalone Financial Results for the quarter and year ended March 31, 2026, based on our review conducted as stated in paragraph (b) of Auditor's Responsibilities section below, nothing has come to our attention that causes us to believe that the Standalone Financial Results for the quarter and year ended March 31, 2026, prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.
Basis for Opinion
We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013, as amended ("the Act"). Our responsibilities under those Standards are further described in the "Auditor's Responsibilities for the Audit of the Standalone Financial Results" section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our opinion.
Management's Responsibilities for the Standalone Financial Results
The Statement has been prepared on the basis of the Standalone annual financial statements. The Board of Directors of the Company are responsible for the preparation and presentation of the Statement that gives a true and fair view of the net profit and other comprehensive income of the Company and other financial information in accordance with the applicable accounting standards prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Statement that give a true and fair view and are free from material misstatement, whether due to fraud or error.
In preparing the Statement, the Board of Directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.
The Board of Directors are responsible for overseeing the Company's financial reporting Process.
Auditor's Responsibilities for the Audit of the Standalone Financial Results
a) Audit of the standalone Financial Results for the quarter and year ended March 31, 2026
Our objectives are to obtain reasonable assurance about whether the Statement as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of the Statement.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:
-
Identify and assess the risks of material misstatement of the Annual Standalone Financial Results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
-
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control.
-
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the Board of Directors.
-
Evaluate the appropriateness and reasonableness of disclosures made by the Board of Directors in terms of the requirements specified under Regulation 33 and Regulation 52 of the Listing Regulations.
-
Conclude on the appropriateness of the Board of Directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability of the Company to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the Statement or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.
-
Evaluate the overall presentation, structure and content of the Annual Standalone Financial Results, including the disclosures, and whether the Annual Standalone Financial Results represent the underlying transactions and events in a manner that achieves fair presentation.
-
Obtain sufficient appropriate audit evidence regarding the Annual Standalone Financial Results of the Company to express an opinion on the Annual Standalone Financial Results.
Materiality is magnitude of misstatement in the statement that, individually or in aggregate, make it probable that the economic decisions of a reasonably knowledgeable user of statement may be influenced. We consider quantitative materiality and qualitative factors in i) planning the scope of our audit work and in evaluating the results of our work; and ii) to evaluate the effect of any identified misstatement in the statement.
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.
R. Shah AGC
RAJKOT
Registered Accountable
b) Review of the Standalone Financial Results for the quarter and year ended March 31, 2026
We conducted our review of the Standalone Financial Results for the quarter and year ended March 31, 2026 in accordance with the Standard on Review Engagements ("SRE") 2410 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity', issued by the ICAI. A review of interim financial information consists of making inquiries, primarily of the Company's personnel responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with SAs specified under section 143(10) of the Act and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
Other Matter
1) The Statement includes the results for the quarter ended March 31, 2026, which represent the balancing figures between audited figures in respect of the full financial year ended March 31, 2026 and the published year to date figures up to the third quarter ended December 31, 2025 which were subject to limited review by us. Our report on the Statement is not modified in respect of this matter.
2) We draw attention to the fact that the code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the occupational Safety, Health and Working Conditions Code, 2020 (Collectively, "the Labour Codes") have been enacted by Parliament but the rules thereunder and the date of their commencement have not yet been notified by the Central Government as at the date of this report. The company has, accordingly, not applied the provisions of the Labour Codes in preparing the Standalone Financial Results for the year ended March 31, 2026, as the same are not yet operative. In the absence of notified Rules and an effective date, the financial impact, if any, of transition to the Labour Codes on the Company's employee benefit obligations is presently not ascertainable. This matter has been appropriately disclosed by the management in Note 10 to the Statement.
Our report on the Statement is not modified in respect of the above matters.
For, Rushabh R Shah And Co.
Chartered Accountants
Firm's Registration No.:156419W
Rushabh Shah
Proprietor
Membership No.: 607585
UDIN: 26607585JFPCCJ5296
Date: 28th April, 2026
Place: Rajkot
CE
Rajoo
excellence in extrusion
Rajoo Engineers Limited
Regd. Office : Survey No 210, Plot No 1, Industrial Area, Veraval (Shapar),
Dist. Rajkot-360024 Phone: +91-97129-62704 / 52701/ 32706,
Email: [email protected], Web: www.rajoo.com
CIN: L27100GJ1986PLC009212
Statement of Audited Standalone Financial Results for the Quarter and Year ended March 31, 2026
| Sr No | Particulars | Quarter Ended | Year ended | |||
|---|---|---|---|---|---|---|
| 31-03-2026 | 31-12-2025 | 31-03-2025 | 31-03-2026 | 31-03-2025 | ||
| (Audited) | (Unaudited) | (Audited) | (Audited) | (Audited) | ||
| 1 | Income | |||||
| Revenue From Operations | 4,677.50 | 7,458.84 | 8,989.62 | 29,828.51 | 25,365.51 | |
| Other Income | 218.39 | 188.17 | 197.91 | 914.98 | 566.10 | |
| Total income | 4,893.89 | 7,647.01 | 9,187.53 | 30,743.49 | 25,931.61 | |
| 2 | Expenses | |||||
| Cost of materials consumed | 5,323.84 | 4,224.73 | 5,300.43 | 18,784.66 | 16,889.95 | |
| Purchases of Stock-in-trade | - | - | - | - | - | |
| Changes in inventories of finished goods, Stock in Trade and work in progress | (2,836.21) | (170.32) | (539.21) | (1,593.17) | (2,702.16) | |
| Employee benefits expense | 711.85 | 640.78 | 705.21 | 2,517.17 | 2,362.95 | |
| Finance costs | 14.72 | 23.85 | 48.15 | 119.22 | 93.00 | |
| Depreciation and amortization expense | 132.20 | 124.73 | 101.82 | 473.20 | 412.55 | |
| Other expenses | 1,450.18 | 1,055.36 | 1,674.10 | 4,667.85 | 4,184.15 | |
| Total expenses | 4,796.58 | 5,509.13 | 7,290.50 | 24,968.93 | 21,240.46 | |
| 3 | Profit / (Loss) before exceptional items and tax | 97.31 | 1,737.88 | 1,897.04 | 5,774.36 | 4,691.14 |
| 4 | Exceptional Items | - | - | - | - | - |
| 5 | Profit / (Loss) before tax | 97.31 | 1,737.88 | 1,897.04 | 5,774.36 | 4,691.14 |
| 6 | Tax expenses | |||||
| Current tax | (30.56) | 270.08 | 481.77 | 1,345.54 | 1,146.88 | |
| Deferred tax | 46.19 | 6.21 | 32.37 | 61.09 | 14.52 | |
| Short/Excess provision of tax | - | 39.80 | - | 39.80 | - | |
| 7 | Profit / (Loss) for the period | 81.68 | 1,421.79 | 1,382.90 | 4,328.13 | 3,529.71 |
| 8 | Other Comprehensive Income | |||||
| I | Item that will not be reclassified to profit or loss | 5.08 | - | (7.55) | 5.08 | (7.55) |
| II | Income tax relating to items that will not be reclassified to profit or loss | (1.28) | - | 1.90 | (1.28) | 1.90 |
| III | Items that will be reclassified to profit or loss | - | - | - | - | - |
| IV | Income tax relating to items that will be reclassified to profit or loss | - | - | - | - | - |
| 5 | Total Other Comprehensive Income | 3.80 | - | (5.65) | 3.80 | (5.65) |
| 10 | Total Comprehensive Income for the period Comprising Profit (Loss) and Other Comprehensive Income for the period | 85.48 | 1,421.79 | 1,377.25 | 4,331.35 | 3,524.00 |
| 11 | Paid-up equity share capital (Face Value Re. 1/- per Share) | 1,786.75 | 1,786.75 | 1,639.96 | 1,786.75 | 1,639.96 |
| 12 | Reserve excluding Revaluation Reserves as per balance sheet of previous accounting year | 31,390.07 | 13,668.23 | |||
| 13 | Earnings per equity share | |||||
| (For continuing operation) | ||||||
| Basic | 0.05 | 0.80 | 0.84 | 2.49 | 2.15 | |
| Diluted | 0.05 | 0.80 | 0.84 | 2.49 | 2.15 |
Notes :
1) The above audited standalone financial results for the quarter and year ended March 31, 2026 have been reviewed by the Audit Committee and were thereafter approved by the Board of Directors of the Company at its meeting held on April 28, 2026. The Statutory Auditors of the Company have issued audit report with unmodified opinion on the above results.
2) The Audited Standalone financial results have been prepared in accordance with the applicable Indian Accounting Standards as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules 2015 and Amended Rules, 2016.
3) The company is in the business of manufacturing of Plastic Extrusion plant and machinery and therefore the Company's business falls within a single business segment. Consequently, "Segment Reporting" is not applicable to the Company.
4) The Board of Directors has recommended dividend of Rs. 0.15/- per fully paid-up equity share of Re. 1/- each for the financial year ended March 31, 2026. This payment of dividend is subject to approval of members of the Company at ensuing Annual General Meeting of the Company.
5) The Government of India has consolidated 29 existing labour legislations into a unified framework comprising four labour codes, viz., the Code on Wages, 2019; the Code on Social Security, 2020; the Industrial Relations Code, 2020; and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively referred to as the "New Labour Codes"). The New Labour Codes have been made effective from November 21, 2025; however, the supporting rules are yet to be notified. In this regard, the Company has conducted an initial evaluation and, at this stage, does not anticipate any significant impact. However, a detailed assessment is currently underway to determine the implications, including any potential effect on the financial statements. Since this exercise is still in progress, any impact, if identified, will be accounted for upon completion of the implementation process in the subsequent period.
6) The corresponding figures of the previous year/period have been regrouped/reclassified, wherever necessary, to conform to the classification of the current period. The figures for the quarter ended March 31, 2026 and March 31, 2025 represent the balancing figures between the audited figures in respect of the full financial year and the published year-to-date figures up to the end of the third quarter of the respective financial years.
7) Pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the aforesaid Financial Results may be accessed on the company's website at www.rajoo.com and may also be accessed at the website of the KSE Limited (KSE) and National Stock Exchange of India Limited (NSE), the Stock Exchanges where offices of the Company are listed at www.bseindia.com and www.nseindia.com.
Date: 28.04.2026
Place: Veraval (Shapar)
Khushtso C. Doshi
Managing Director
Dth: 00025581
8) STATEMENT OF STANDALONE ASSETS AND LIABILITIES AS AT MARCH 31, 2026
Rs. In Lakhs
| Particulars | Year ended | Year ended |
|---|---|---|
| 31-03-2026 | 31-03-2025 | |
| Audited | Audited | |
| ASSETS | ||
| Non-current assets | ||
| Property, Plant and Equipment | 6,676.67 | 5,286.59 |
| Right of Use Assets | 15.43 | 25.71 |
| Capital work in progress | 1,261.57 | 111.26 |
| Other Intangible assets | 144.45 | 138.87 |
| Financial Assets | ||
| Investments | 17,672.84 | 590.15 |
| Other financial assets | 39.05 | 42.66 |
| Other Non Current Assets | 73.04 | 50.24 |
| Total Non-current Assets | 25,883.05 | 6,245.49 |
| Current assets | ||
| Inventories | 16,133.75 | 13,035.51 |
| Financial Assets | ||
| Trade receivables | 678.09 | 1,508.89 |
| Cash and cash equivalents | 1,517.74 | 620.69 |
| Bank balances | 8,675.82 | 8,061.15 |
| Loans | 24.13 | 16.31 |
| Other financial assets | 31.01 | 20.93 |
| Other current assets | 6,225.99 | 1,917.41 |
| Total Current Assets | 33,286.53 | 25,180.90 |
| Total Assets | 59,169.58 | 31,426.39 |
| II. EQUITY and LIABILITIES | ||
| Equity Share Capital | 1,786.75 | 1,639.96 |
| Other Equity | 31,390.07 | 13,668.23 |
| Total Equity | 33,176.82 | 15,308.19 |
| Non-current liabilities | ||
| Financial Liabilities | ||
| Borrowings | 829.85 | - |
| Lease liabilities | 17.55 | 27.35 |
| Other financial liabilities | 30.41 | 36.72 |
| Deferred tax liabilities net | 450.14 | 389.68 |
| Total Non-current liabilities | 1,327.95 | 453.74 |
| Current liabilities | ||
| Financial Liabilities | ||
| Borrowings | 165.94 | - |
| Trade Payables | ||
| - total outstanding dues of micro enterprises and small enterprises | 1,094.89 | 998.60 |
| - total outstanding dues of others | 1,734.91 | 2,004.79 |
| Other financial liabilities | 401.76 | 355.97 |
| Other current liabilities | 20,847.31 | 11,683.69 |
| Provisions - current | 285.88 | 323.77 |
| Current Tax Liabilities, net | 134.12 | 297.63 |
| Total Current liabilities | 24,664.81 | 15,664.45 |
| Total Liabilities | 25,992.76 | 16,118.19 |
| Total Equity and Liabilities | 59,169.58 | 31,426.39 |
9) Standalone Cash Flow Statement For The Year Ended March 31, 2025
(Rs. in Lakhs)
| Particulars | As at
31 March 2026 | As at
31 March 2025 |
| --- | --- | --- |
| CASH FLOWS FROM OPERATING ACTIVITIES | | |
| Profit for the year | 4,328.13 | 3,529.73 |
| Adjustments for: | | |
| Depreciation and amortisation | 473.20 | 412.55 |
| (Gain)/Loss on disposal of property, plant and equipment | -3.55 | 0.02 |
| (Gain)/Loss on disposal of Investments | -99.64 | -34.75 |
| Unrealised Gain on Foreign Exchange Difference | 0.54 | 42.39 |
| Provision for Income tax | 1,446.43 | 1,161.40 |
| Employee Deposit Ind as | 1.88 | -0.87 |
| Interest on lease | -9.80 | -8.42 |
| Bad debts, provision for trade receivables and advances, net | 13.21 | 0.50 |
| Finance Cost | 119.22 | 93.00 |
| Interest Income | -725.97 | -467.07 |
| Dividend Income | -53.33 | -1.94 |
| Unrealised Gain/Loss on Investment | -36.09 | -27.97 |
| Operating profit before working capital changes | 5,454.23 | 4,698.57 |
| Adjustment for (increase) / decrease in operating assets | | |
| Trade receivables | 834.25 | 82.44 |
| Loans & Advances | -7.82 | -5.13 |
| Other financial assets | -6.46 | 853.89 |
| Inventories | -3,098.24 | -2,737.68 |
| Other assets | -3,811.90 | -1,244.44 |
| Adjustment for (Increase) / decrease in operating liabilities | | |
| Trade payables | -289.39 | 103.47 |
| Employee benefit obligation | - | - |
| Other financial liabilities | -78.92 | 211.34 |
| Other Liabilities | 9,163.62 | 5,374.60 |
| Provisions | -37.89 | 250.82 |
| Cash generated from operations | 8,121.48 | 7,587.88 |
| Income tax paid (net) | -1,552.65 | -822.37 |
| Net cash generated by operating activities | 6,568.83 | 6,765.51 |
| CASH FLOWS FROM INVESTING ACTIVITIES | | |
| Bank deposits placed | -614.68 | -5,027.68 |
| Purchase of property, plant and equipment | -3,275.66 | -1,247.52 |
| Purchase of intangible assets | -5.59 | -54.49 |
| Purchase of other Investment | -17,019.13 | -142.04 |
| Proceeds from disposal of property, plant and equipment | 37.03 | 2.35 |
| Dividend received | 53.33 | 1.94 |
| Interest received | 725.97 | 467.07 |
| Net cash (used in) / generated by investing activities | -20,098.73 | -6,000.37 |
| CASH FLOWS FROM FINANCING ACTIVITIES | | |
| Repayment of lease liabilities | -9.80 | -8.42 |
| Proceeds from short term borrowings | 165.94 | -131.06 |
| Proceeds from long term borrowings | 829.85 | - |
| Finance cost | -119.22 | -93.00 |
| Dividend paid (including tax on dividend) | -268.01 | -153.76 |
| Issue of Equity Shares | 13,804.70 | - |
| Net cash used in financing activities | 14,403.46 | -386.24 |
| Net increase / (decrease) in cash and cash equivalents | 873.56 | 378.90 |
| Cash and cash equivalents at the beginning of the year | 620.69 | 217.29 |
| Exchange gain loss on Cash and cash equivalents | 23.49 | 24.50 |
| Cash and cash equivalents at the end of the year | 1,517.74 | 620.69 |
Note:
| Particulars | For year ended
31.03.2025 | For Period ended
31 March 2025 |
| --- | --- | --- |
| Reconciliation of Cash and Cash Equivalents with Balance Sheet: | | |
| Cash and cash equivalents includes | | |
| Cash on hand | 8.53 | 6.47 |
| Balances with Banks | 1509.20 | 614.22 |
| Cash and Cash Equivalents for Cash Flow | 1517.74 | 620.69 |
RAJOO
excellence in extrusion
To,
BSE Limited (BSE)
Phiroze Jeejeebhoy Towers,
Dalal Street, Fort,
Mumbai - 400 001
To,
National Stock Exchange of India Ltd (NSE)
Exchange Plaza, Bandra Kurla Complex,
Bandra East,
Mumbai – 400 051
BSE Script Code: 522257
NSE Symbol: RAJOOENG
Subject: Declaration with respect to Audit Report with unmodified opinion to the Annual Audited Standalone and Consolidated Financial Results for the financial year ended March 31, 2026
Dear Sir/ Madam,
Pursuant to the third proviso to the Regulation 33 (3) (d) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we hereby confirm that M/s. Rushabh R. Shah & Co., Chartered Accountants, Statutory Auditors of the Company, have issued Audit Report with un-modified opinion on the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026.
For, RAJOO ENGINEERS LIMITED
Rajoo Engineers Limited
Regd. Office : Rajoo Avenue Survey No. 210, Plot No.1, Industrial Area, Veraval (Shapar) Dist-Rajkot - 360 024. Gujarat - India.
☎ +91-97129-62704/52701/32706
📠 +91-90990 96292
🌐 [email protected]
🌐 www.rajoo.com
CIN : L27100GJ1986PLC009212
GSTN : 24AABCR3204M1ZL
CE
RAJOO®
excellence in extrusion
Annexure-III:
Details under Regulation 30 of SEBI Listing Regulations read along with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Re-appointment of Internal Auditors for FY 2026-27
| Sr. No. | Particulars | Details |
|---|---|---|
| 1. | Name | M/s. Savjani & Associates |
| 2. | Reason for change viz. appointment, resignation, removal, death or otherwise | Re-appointment |
| 3. | Date of appointment/ cessation | April 28, 2026 |
| 4. | Brief profile (in case of appointment) | M/s. Savjani & Associates, Chartered Accountants (FRN: 133389W), partnership firm having its office at A-412, “9-Square” Nana Mava Main Road Rajkot-360005 has rich experience of more than 13 years in the field of Income Tax matters, GST matters, Project finance, Audit & Assurance Functions etc. |
| 5. | Disclosure of relationships between directors (in case of appointment of a director) | Not Applicable |
Re-appointment of Cost Auditors for FY 2026-27
| Sr. No. | Particulars | Details |
|---|---|---|
| 1. | Name | M/s. Shailesh Thaker & Associates |
| 2. | Reason for change viz. appointment, resignation, removal, death or otherwise | Re-appointment |
| 3. | Date of appointment/ cessation | April 28, 2026 |
| 4. | Brief profile (in case of appointment) | M/s. Shailesh Thaker & Associates, is Cost Accountants Partnership Firm (Firm Registration No: 101454) and it has rich experience in the field of Income Tax matters, Cost Audit, GST matters, Project finance etc. |
| 5. | Disclosure of relationships between directors (in case of appointment of a director) | Not Applicable |
CERTIFIED
Rajoo Engineers Limited
Regd. Office : Rajoo Avenue Survey No. 210, Plot No.1, Industrial Area, Veraval (Shapar) Dist-Rajkot - 360 024. Gujarat - India.
+91-97129-62704/52701/32706
+91-90990 96292
www.rajoo.com
CIN : L27100GJ1986PLC009212 GSTN : 24AABCR3204M1ZL
CE
RAJOO®
excellence in extrusion
Resignation of Company Secretary & Compliance Officer
| Sr. No. | Particulars | Details |
|---|---|---|
| 1. | Name of Director/ Key Managerial Personnel | Mr. Nikhil V. Gajjar |
| Company Secretary and Compliance Officer | ||
| 2. | Reason for change viz. appointment, re-appointment, resignation, removal, death or otherwise; | Resignation (due to personal reasons) |
| 3. | Date of appointment/re-appointment/cessation (as applicable) & term of appointment/re-appointment; | Close of business hours on April 30, 2026 |
| 4. | Brief profile (in case of appointment) | Not Applicable |
| 5. | Disclosure of relationships between directors (in case of appointment of a director) | Not Applicable |
Rajoo Engineers Limited
Regd. Office : Rajoo Avenue Survey No. 210, Plot No.1, Industrial Area, Veraval (Shapar) Dist-Rajkot - 360 024. Gujarat - India.
+91-97129-62704/52701/32706
+91-90990 96292
www.rajoo.com
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