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Raj Oil Mills Limited (IN:ROML)
:ROML
India Market
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Raj Oil Mills Limited (ROML) AI Stock Analysis

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IN:ROML

Raj Oil Mills Limited

(ROML)

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Neutral 50 (OpenAI - 5.2)
Rating:50Neutral
Price Target:
₹44.00
▼(-2.44% Downside)
Action:Reiterated
Date:08/17/26
The score is held back primarily by high leverage and a thin equity buffer despite improving profitability and strong 2026 free cash flow. Technicals are mildly bearish with price below key moving averages and negative MACD. Valuation is a partial offset with a moderate P/E, but lacks dividend support due to missing yield data.
Positive Factors
Revenue and profit recovery
A clear rebound in 2026 revenue (+10.8% YoY) with positive operating profit and net income signals restored demand and improving earnings power. This recovery provides a multi-month runway to convert sales into sustainable profits, supporting reinvestment or deleveraging if maintained.
Negative Factors
High leverage and thin equity
Very high debt-to-equity (~12.2x) and a thin equity base leave the company highly sensitive to earnings or working-capital shocks. Over months, leverage constrains strategic flexibility, amplifies refinancing and interest risks, and limits capacity to absorb setbacks.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and profit recovery
A clear rebound in 2026 revenue (+10.8% YoY) with positive operating profit and net income signals restored demand and improving earnings power. This recovery provides a multi-month runway to convert sales into sustainable profits, supporting reinvestment or deleveraging if maintained.
Read all positive factors

Raj Oil Mills Limited (ROML) vs. iShares MSCI India ETF (INDA)

Raj Oil Mills Limited Business Overview & Revenue Model

Company Description
Raj Oil Mills Ltd. specializes in the production and distribution of edible oils. The company's offerings span a variety of oil brands, including Cocoraj Coconut, Cocoraj Cool Ayurvedic, Guinea Filtered Groundnut, Guinea Lite Refined Groundnut, Gu...
How the Company Makes Money
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Raj Oil Mills Limited Financial Statement Overview

Summary
Operations and cash flow improved in 2026 (revenue +10.8% YoY, positive operating profit and net income; strong free cash flow). However, the balance sheet is a major constraint: leverage remains very high versus a thin equity base (debt-to-equity ~12.2x) after prior negative equity, and margins have been volatile (gross margin sharply lower in 2026 vs 2025).
Income Statement
58
Neutral
Balance Sheet
22
Negative
Cash Flow
55
Neutral
BreakdownMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue1.51B1.14B1.25B1.40B1.19B
Gross Profit126.71M188.04M188.93M97.01M73.07M
EBITDA69.78M56.84M44.97M42.22M42.03M
Net Income46.68M26.97M17.08M24.25M25.99M
Balance Sheet
Total Assets425.59M414.08M451.02M435.12M355.69M
Cash, Cash Equivalents and Short-Term Investments5.27M3.37M3.77M3.11M3.15M
Total Debt263.31M313.83M311.73M297.15M282.14M
Total Liabilities404.06M438.49M502.82M504.61M449.25M
Stockholders Equity21.53M-24.41M-51.80M-69.49M-93.55M
Cash Flow
Free Cash Flow48.30M1.24M-6.47M-136.00K-17.64M
Operating Cash Flow54.95M2.81M7.50M23.95M-11.63M
Investing Cash Flow-6.66M-1.23M-13.66M-23.91M-5.90M
Financing Cash Flow-46.39M-1.98M6.82M-83.00K17.39M

Raj Oil Mills Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price45.10
Price Trends
50DMA
45.12
Negative
100DMA
44.61
Negative
200DMA
46.35
Negative
Market Momentum
MACD
-0.16
Negative
RSI
45.19
Neutral
STOCH
41.16
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ROML, the sentiment is Negative. The current price of 45.1 is above the 20-day moving average (MA) of 44.58, below the 50-day MA of 45.12, and below the 200-day MA of 46.35, indicating a bearish trend. The MACD of -0.16 indicates Negative momentum. The RSI at 45.19 is Neutral, neither overbought nor oversold. The STOCH value of 41.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ROML.

Raj Oil Mills Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
77
Outperform
₹4.12B12.790.43%21.14%3.47%
74
Outperform
₹68.39B16.2621.04%59.07%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
54
Neutral
₹3.84B18.5115.39%27.56%
51
Neutral
₹1.57B32.9117.76%-50.32%
50
Neutral
₹1.32B15.1520.89%-11.15%
48
Neutral
₹7.94B11.9276.01%59.32%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:ROML
Raj Oil Mills Limited
44.40
-1.69
-3.67%
IN:GOKUL
Gokul Refoils & Solvent Ltd.
38.95
-2.06
-5.02%
IN:GOKULAGRO
Gokul Agro Resources Ltd.
230.60
77.72
50.84%
IN:KRITINUT
Kriti Nutrients Limited
85.88
-11.40
-11.72%
IN:MKPL
M K Proteins Limited
4.15
-2.56
-38.15%
IN:MUKKA
Mukka Proteins Limited
27.55
1.74
6.74%

Raj Oil Mills Limited Corporate Events

Raj Oil Mills Closes Trading Window Ahead of June-Quarter Results
Jun 25, 2026
Raj Oil Mills Limited has notified stock exchanges that it will close its trading window for company securities from July 1, 2026, until 48 hours after the announcement of its unaudited financial results for the quarter ended June 30, 2026. This m...
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: Aug 17, 2026