![](images/sepfull.gif) |
Analyst Meet / AGM
11-Sep-14
|
![](images/sepfull.gif) |
|
|
|
Analyst Meet
|
|
Rajoo Engineers
|
The order book is healthy with higher margins
|
|
|
In interaction with Mr. Rajesh Doshi, MD
Key Highlights
- The company is into plastic processing machinery business or equipments used in production of plastic packaged goods. Internationally, the business is expected to grow around 7% while domestically it is expected to grow more than 15% p.a.
- The company has all the necessary technology in plastic extrusion business. Although the company is open for inorganic growth, there are no immediate plans as such.
- As per the management, even during recession period, domestically the extrusion industry will grow, only the pace would differ. In worst case, one can assume around 10% growth and in best case it can be as high as 25%. As per the management, the best period is yet to come in FY 2016 and in FY 2017.
- Currently exports hover around 30-35% of total turnover. Exports share will keep on increasing even though domestic sales continue to rise, as the company will sell its products to new geographies and more repeat orders come in from same customers.
- As per the management, the order book is healthy and with higher margins. Also the company has received good advance from the customers which has significantly improved the working capital cycle of the company.
- Going forward, management expects operating leverage to kick in and margins will drive the bottom line growth.
- While most of the capex is done, the company will expand through debottleneck of existing capacities.
- Overall, higher margin, low interest and depreciation costs will drive higher bottom line. The company will continue to reward its shareholders and will gradually increase the dividend.
|
|
Previous News |
Rajoo Engineers standalone net profit declines 48.89% in the September 2019 quarter
(
Results
-
Announcements
14-Nov-19
09:02
)
|
|
Rajoo Engineers standalone net profit declines 29.25% in the June 2022 quarter
(
Results
-
Announcements
13-Aug-22
08:16
)
|
|
Rajoo Engineers schedules board meeting
(
Corporate News
-
28-Oct-23
15:58
)
|
|
Rajoo Engineers standalone net profit declines 67.53% in the June 2019 quarter
(
Results
-
Announcements
13-Aug-19
17:24
)
|
|
Rajoo Engineers
(
Results
-
Analysis
01-Feb-22
16:36
)
|
|
Rajoo Engineers standalone net profit declines 23.74% in the June 2021 quarter
(
Results
-
Announcements
07-Aug-21
17:11
)
|
|
Rajoo Engineers standalone net profit rises 228.00% in the June 2023 quarter
(
Results
-
Announcements
11-Aug-23
17:18
)
|
|
Record date for Rajoo Engineers stock split announced
(
Market Beat
-
Reports
11-Sep-09
09:55
)
|
|
Rajoo Engineers standalone net profit rises 413.04% in the September 2020 quarter
(
Results
-
Announcements
07-Nov-20
08:07
)
|
|
Rajoo Engineers standalone net profit rises 10.00% in the June 2016 quarter
(
Results
-
Announcements
05-Aug-16
17:56
)
|
|
Rajoo Engineers to hold AGM
(
Corporate News
-
06-Sep-16
17:47
)
|
|
|
![](images/sepfull.gif) |
Other Stories |
![](images/sepfull.gif) |
|
|
|
|
|
|
|