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Rajesh Exports Limited (IN:RAJESHEXPO)
:RAJESHEXPO
India Market
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Rajesh Exports Limited (RAJESHEXPO) AI Stock Analysis

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IN:RAJESHEXPO

Rajesh Exports Limited

(RAJESHEXPO)

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Neutral 54 (OpenAI - 5.2)
Rating:54Neutral
Price Target:
₹129.00
▼(-36.75% Downside)
Action:ReiteratedDate:04/17/26
The score is primarily supported by strong revenue growth and low leverage, but is held back by extremely low margins and a weak longer-term technical trend (below key moving averages with negative MACD). Valuation is neutral with a mid-range P/E and no dividend data.
Positive Factors
High Revenue Growth
Sustained revenue growth of 34.16% indicates strong demand and successful scale-up across Rajesh Exports' gold value-chain activities. Durable top-line expansion supports fixed-cost absorption, reinvestment capacity and long-term operational scaling even if margins remain thin.
Negative Factors
Extremely Thin Profit Margins
Margins near zero mean minimal buffer against cost increases or revenue fluctuations. Persistently tiny gross and net margins constrain retained earnings, limit capital available for growth initiatives, and increase long-term vulnerability to input or pricing shocks.
Read all positive and negative factors
Positive Factors
Negative Factors
High Revenue Growth
Sustained revenue growth of 34.16% indicates strong demand and successful scale-up across Rajesh Exports' gold value-chain activities. Durable top-line expansion supports fixed-cost absorption, reinvestment capacity and long-term operational scaling even if margins remain thin.
Read all positive factors

Rajesh Exports Limited (RAJESHEXPO) vs. iShares MSCI India ETF (INDA)

Rajesh Exports Limited Business Overview & Revenue Model

Company Description
Rajesh Exports Limited, a gold refiner, manufactures, wholesales, and retails gold and diamond jewelry, and various gold products in India. It operates retail showrooms under the SHUBH Jewellers brand name. The company also exports its products. R...
How the Company Makes Money
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Rajesh Exports Limited Financial Statement Overview

Summary
Strong revenue growth (34.16%) and a conservative balance sheet (debt-to-equity 0.06; equity ratio 53.38%) support the score, but extremely thin profitability (net margin 0.02%; gross margin 0.12%) and cash-flow volatility temper overall financial strength.
Income Statement
45
Neutral
Balance Sheet
70
Positive
Cash Flow
55
Neutral
BreakdownTTMJun 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue6.03T4.23T2.81T3.40T2.43T2.58T
Gross Profit5.99B5.05B6.45B20.62B15.95B15.31B
EBITDA3.68B2.85B5.70B16.60B12.08B11.26B
Net Income1.32B948.70M3.36B14.32B10.09B8.45B
Balance Sheet
Total Assets373.69B293.72B220.72B228.75B239.16B234.73B
Cash, Cash Equivalents and Short-Term Investments28.64B23.97B22.67B20.90B18.04B20.48B
Total Debt8.79B9.23B6.55B7.23B8.15B10.21B
Total Liabilities206.39B135.44B68.25B81.51B114.70B122.51B
Stockholders Equity165.83B156.81B152.47B147.24B124.46B112.21B
Cash Flow
Free Cash Flow7.09B77.38B2.48B-2.59B-920.29M-102.78B
Operating Cash Flow8.75B77.38B3.16B4.63B-43.81M-102.52B
Investing Cash Flow-6.21B-85.61B-1.18B-8.49B-1.58B741.26M
Financing Cash Flow-1.00B1.88B-2.08B-1.86B-3.26B-4.29B

Rajesh Exports Limited Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price203.95
Price Trends
50DMA
130.65
Negative
100DMA
157.36
Negative
200DMA
173.18
Negative
Market Momentum
MACD
-1.39
Negative
RSI
61.87
Neutral
STOCH
94.85
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RAJESHEXPO, the sentiment is Neutral. The current price of 203.95 is above the 20-day moving average (MA) of 99.55, above the 50-day MA of 130.65, and above the 200-day MA of 173.18, indicating a neutral trend. The MACD of -1.39 indicates Negative momentum. The RSI at 61.87 is Neutral, neither overbought nor oversold. The STOCH value of 94.85 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:RAJESHEXPO.

Rajesh Exports Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
69
Neutral
₹51.30B4.930.31%27.13%254.05%
66
Neutral
₹9.77B3.411.38%11.74%101.60%
66
Neutral
₹123.24B23.900.37%56.15%89.57%
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
56
Neutral
₹75.20B9.1696.01%29.63%
54
Neutral
₹35.43B18.97134.99%173.71%
41
Neutral
₹266.28M-23.7589.66%59.29%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:RAJESHEXPO
Rajesh Exports Limited
120.00
-71.15
-37.22%
IN:GOENKA
Goenka Diamond & Jewels Ltd.
0.84
-0.04
-4.55%
IN:PCJEWELLER
PC Jeweller Ltd.
9.38
-3.04
-24.48%
IN:SENCO
Senco Gold Limited
313.20
-24.98
-7.39%
IN:TBZ
Tribhovandas Bhimji Zaveri Limited
146.35
-49.37
-25.22%
IN:THANGAMAYL
Thangamayil Jewellery Ltd.
3,965.15
1,940.72
95.87%

Rajesh Exports Limited Corporate Events

Rajesh Exports Files Share Capital Reconciliation for June 2025 Quarter
Jan 22, 2026
Rajesh Exports Limited has submitted its Reconciliation of Share Capital Audit Report for the quarter ended June 30, 2025 to the National Stock Exchange of India and the Bombay Stock Exchange in compliance with Regulation 76 of the SEBI (Depositor...
Rajesh Exports Files Share Capital Reconciliation Report for September 2025 Quarter
Jan 22, 2026
Rajesh Exports Limited has submitted its Reconciliation of Share Capital Audit Report for the quarter ended 30 September 2025 to the National Stock Exchange of India and the Bombay Stock Exchange, in compliance with Regulation 76 of the SEBI (Depo...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Apr 17, 2026