Rajoo Engineers Limited , a leading manufacturer of plastic extrusion machinery in India, has reported strong financial results for the second quarter, demonstrating significant growth across key metrics.

Financial Highlights

• Revenue from operations reached Rs. 92.25 crore, marking a 62.39% year-on-year increase.
• EBITDA (excluding other income) grew by 100% to Rs. 18.31 crore.
• EBITDA margin improved to 19.84%, up 374 basis points from the previous year.
• Profit After Tax (PAT) increased by 87.85% to Rs. 13.59 crore.
• PAT margin rose by 200 basis points to 14.74%.

Half-Year Performance

For the first half, Rajoo Engineers reported:

• Revenue growth of 64.67% to Rs. 177.33 crore.
• EBITDA increase of 126.81% to Rs. 36.88 crore.

Key Developments

1. Qualified Institutional Placement (QIP): The company successfully raised Rs. 160 crore through a QIP, attracting strong interest from domestic and international investors.

2. Strategic Acquisition: Rajoo Engineers signed a Non-Binding Indicative Offer (NBIO) for a proposed acquisition in the machinery manufacturing segment, aligning with its vision for inorganic growth.

3. Manufacturing Capabilities Enhancement: The company installed an Okuma Multus machine from Japan at its Shree Yantralaya facility, strengthening its core manufacturing capabilities.

4. Recognition: Rajoo Engineers was recognized with the Gujarat Best Employer Brand award by the World HRD Congress.

5. Strategic Investment: The company invested in a 60% majority stake in Kohli Printing and Converting Machines Pvt. Ltd., aiming to deliver integrated solutions from extrusion to printing, laminating, and slitting.

6. Innovation Showcase: Rajoo Engineers plans to unveil its latest innovation, the PROEX Series – High-Performance Blown Film Extrusion Line, at K-2025 under the theme 'Experience the Excellence.'

Management Commentary

Ms. Khushboo Chandrakant Doshi, Managing Director of Rajoo Engineers Ltd, commented on the company's performance: "During the quarter, we had an encouraging order book resulting in higher production and increased dispatches throughout the period. Our investment in Kohli Printing and Converting Machines marks a transformative step in Rajoo Engineers' evolution as a global technology leader. By uniting two strong engineering legacies, we are building an innovation-driven platform to deliver end-to-end, sustainable solutions and redefine efficiency and value creation in the flexible packaging industry."

Outlook

Rajoo Engineers' strong quarterly performance, coupled with strategic initiatives and innovations, positions the company for continued growth in the plastic extrusion machinery sector. The focus on sustainable and advanced engineering solutions, as evidenced by the upcoming PROEX Series launch, aligns with industry trends towards eco-friendly and efficient manufacturing processes.

As the company continues to expand its capabilities and market presence, investors and industry observers will be watching closely to see how these developments translate into long-term value creation and market leadership.

Rajoo Engineers Limited , a leading manufacturer of plastic extrusion machinery, has announced a significant expansion in its order book and strategic growth initiatives, signaling a robust outlook for the company's future.

Record Order Book and Operational Performance

The company has reported a substantial increase in its order book for extrusion machinery. This growth is attributed to Rajoo's expanding global presence, particularly in the packaging and recycling solutions sectors. The strong order book has resulted in higher production and increased dispatches throughout the recent period.

Financial Highlights

Rajoo Engineers' financial performance for the second quarter reflects the company's growth trajectory:

The company's revenue growth of 62.39% year-over-year is indicative of its strong market position and execution capabilities.

Strategic Initiatives

Rajoo Engineers is pursuing several strategic initiatives to drive growth and innovation:

1. Automation Focus: The company is emphasizing automation in its product offerings, enhancing the efficiency and productivity of its machinery.

2. R&D Partnerships: Rajoo is actively engaging in research and development partnerships to stay at the forefront of technological advancements in the extrusion machinery sector.

3. High-Margin Product Lines: The company is strategically expanding into high-margin thermoforming and multilayer film lines, diversifying its product portfolio and potentially improving overall profitability.

4. Global Expansion: Rajoo continues to strengthen its international presence, with a focus on packaging and recycling solutions markets worldwide.

Innovation Showcase

Rajoo Engineers plans to showcase its latest innovations at the K-2025 exhibition, Hall 16, Booth A55. The company will debut its PROEX Series – High-Performance Blown Film Extrusion Line, aligning with the show's theme "The Power of Plastics: Green – Smart – Responsible."

Strategic Acquisitions and Investments

In a significant move, Rajoo has invested in a 60% majority stake in Kohli Printing and Converting Machines Pvt. Ltd. This strategic alliance aims to deliver integrated solutions from extrusion to printing, laminating, and slitting, offering one-stop solutions to converters and improving workflow efficiency in the flexible packaging industry.

Outlook

With a record order book, strategic expansions, and a focus on innovation, Rajoo Engineers appears well-positioned for continued growth. The company's emphasis on high-margin products and global market expansion suggests a positive outlook for its future performance in the extrusion machinery sector.

As Rajoo Engineers continues to execute its growth strategy, investors and industry observers will be watching closely to see how these initiatives translate into long-term value creation and market leadership.