Rajoo Engineers FY26 Results: Consolidated net profit up 28% to ₹489 crore
- Consolidated revenue grew 35.72% YoY to ₹34,425.29 lakh in FY26
- Consolidated net profit rose 28.28% to ₹4,889.58 lakh
- Standalone EBITDA margin remained stable at 18.28%
- Company raised ₹160 crore via QIP and listed on NSE
- Final dividend of ₹0.15 per equity share recommended

*this image is generated using AI for illustrative purposes only.
Rajoo Engineers reported a 28.28% year-on-year increase in consolidated profit after tax (PAT) to ₹4,889.58 lakh for FY26, driven by robust revenue growth and improved operational efficiencies.
Consolidated revenue from operations rose 35.72% to ₹34,425.29 lakh, supported by higher volumes and better capacity utilization. The company also recommended a final dividend of ₹0.15 per equity share.
Financial Performance
The capital goods manufacturer delivered strong top-line growth across both standalone and consolidated bases. Standalone revenue grew 17.59% to ₹29,828.51 lakh, while standalone PAT increased 22.62% to ₹4,328.13 lakh.
| Metric | Consolidated FY26 | Consolidated FY25 | YoY Change |
|---|---|---|---|
| Revenue from Operations | ₹34,425.29 lakh | ₹25,365.51 lakh | +35.72% |
| EBITDA | ₹6,117.47 lakh | ₹4,630.59 lakh | +32.11% |
| Profit After Tax | ₹4,889.58 lakh | ₹3,811.64 lakh | +28.28% |
| Earnings Per Share | ₹2.74 | ₹2.32 | +18.10% |
Standalone EBITDA margin remained stable at 18.28%, compared to 18.26% in the previous year. However, the consolidated EBITDA margin contracted slightly by 49 basis points to 17.77%, primarily due to the consolidation of subsidiary financials and certain one-time expenses related to exhibitions and year-end provisions.
What the Numbers Show
While absolute profitability expanded significantly, the divergence between standalone and consolidated margins highlights the impact of inorganic growth. The acquisition of Kohli Printing and Converting Machines Private Limited contributed to revenue scale but temporarily pressured consolidated margins due to integration costs and higher depreciation and finance charges associated with the new entity.
Strategic Milestones and Balance Sheet
FY26 marked a transformative period for the company, characterized by significant capital market and strategic achievements:
- NSE Listing: Secured listing on the National Stock Exchange on May 29, 2025, broadening its investor base.
- QIP Fundraise: Raised ₹160 crore through a Qualified Institutional Placement at ₹109 per share in July 2025.
- Strategic Acquisition: Acquired a 60% stake in Kohli Printing and Converting Machines Private Limited in September 2025, enabling end-to-end solutions in flexible packaging.
The balance sheet strengthened substantially with the QIP proceeds. Consolidated net worth more than doubled to ₹34,537.34 lakh from ₹16,321.18 lakh in FY25. Total borrowings stood at ₹2,415.72 lakh as of March 31, 2026, against nil borrowings in the prior year, maintaining a conservative debt profile.
Historical Stock Returns for Rajoo Engineers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.48% | -1.64% | -7.48% | -22.04% | -51.71% | 0.0% |
How will the integration of Kohli Printing and Converting Machines impact consolidated EBITDA margins in FY27 as one-time costs normalize?
What specific strategic initiatives is Rajoo Engineers planning to fund with the ₹160 crore raised through the QIP?
Will the company pursue further acquisitions to expand its end-to-end flexible packaging solutions, or focus on organic capacity expansion?


































