Rajoo Engineers MD, chairman and AGM
NSE: RAJOOENGBSE: 522257Industrial ManufacturingSmall Cap
Share price at the NSE close on 27 Oct 2026. Previous close ₹52.02.
27 Oct: open ₹51.66, high ₹53.09, low ₹50.27
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹927 Cr1,440th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 21.90
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 2.53
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.29%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 12.2%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 11.6%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.06
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 4,61,51144.0% delivered
Rajoo Engineers' chairperson is Rajesh Nanalal Doshi, its managing director Khushboo Chandrakant Doshi and its managing director Utsav Kishorbhai Doshi, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 29 Sep 2026.
Rajoo Engineers board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonRajesh Nanalal DoshiRelated to the promoter
- Managing directorKhushboo Chandrakant Doshi
- Managing directorUtsav Kishorbhai Doshi
- Company Secretary and Compliance OfficerKevin Dhruve
10 directors5 independent4 executive1 non-executive
- Rajesh Nanalal Doshi · ChairpersonExecutive · joined Dec 1986 · reappointed Jun 2026 · 1 listed board
- Khushboo Chandrakant Doshi · Managing directorExecutive · joined Jan 2012 · reappointed Jun 2026 · 1 listed board
- Utsav Kishorbhai Doshi · Managing directorExecutive · joined May 2016 · reappointed Jun 2026 · 1 listed board
- Sunil JainExecutive · joined Jun 2002 · reappointed Jul 2026 · 1 listed board
- Pratik KothariNon-executive · joined Feb 2023 · reappointed Jun 2025 · 2 listed boards · 1 as independent · 4 committee seats, 2 as chair
- Sureshchandra Gokaldas VajaIndependent · joined Oct 2024 · reappointed Oct 2024 · 24 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- Jinal Hasmukhbhai RupaniIndependent · joined Apr 2025 · reappointed Apr 2025 · 18 months as independent · 3 listed boards · 3 as independent · 4 committee seats
- Hasmukhlal Ambavibhai ManavadariaIndependent · joined Jun 2025 · reappointed Jun 2025 · 15 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Lakshmi RamakrishnanIndependent · joined Sep 2025 · reappointed Sep 2025 · 12 months as independent · 1 listed board · 1 as independent · 2 committee seats
- Hetal Bhavesh DobariyaIndependent · joined Sep 2026 · reappointed Sep 2026 · 1 month as independent · 2 listed boards · 2 as independent · 1 committee seat
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
2 directors who left
- Shital Badshah, left 21 Aug 2026: Others
- Laxman Rudabhai Ajagiya, left 24 Sep 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 31 Aug 20268 of 9 present3 independent · 41 days in between
- 20 Jul 20268 of 10 present3 independent · 19 days in between
- 30 Jun 20265 of 10 present5 independent · 48 days in between
- 12 May 20265 of 10 present5 independent · 13 days in between
1 earlier meeting
- 28 Apr 20265 of 10 present5 independent
Audit Committee
Chair Sureshchandra Gokaldas Vaja
Pratik Kothari, Jinal Hasmukhbhai Rupani, Lakshmi Ramakrishnan
- 31 Aug 20263 of 4 present2 independent · 41 days in between
- 20 Jul 20263 of 4 present2 independent · 19 days in between
- 30 Jun 20264 of 4 present3 independent · 62 days in between
- 28 Apr 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Sureshchandra Gokaldas Vaja
Jinal Hasmukhbhai Rupani, Hasmukhlal Ambavibhai Manavadaria, Lakshmi Ramakrishnan
- 31 Aug 20263 of 4 present3 independent · 61 days in between
- 30 Jun 20264 of 4 present3 independent · 48 days in between
- 12 May 20263 of 4 present2 independent
Stakeholders Relationship Committee
Chair Hasmukhlal Ambavibhai Manavadaria
Sureshchandra Gokaldas Vaja, Lakshmi Ramakrishnan, Pratik Kothari
No meeting listed in the filing.
Risk Management Committee
Chair Khushboo Chandrakant Doshi
Utsav Kishorbhai Doshi, Jinal Hasmukhbhai Rupani, Hasmukhlal Ambavibhai Manavadaria
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Khushboo Chandrakant Doshi
Rajesh Nanalal Doshi, Hasmukhlal Ambavibhai Manavadaria
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- Rushabh R Shah and Co.Peer-review certificate valid to Dec 2028
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Rajoo Engineers AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Rajoo Engineers dividend history
Annual general meeting, 29 Sep 2026
66,755 shareholders on the register on 22 Sep 2026; present: 13 promoters and 23 others; votes counted by CS JANVI N. DAVDA / CS JANVI N. DAVDA.The company's voting result
- Adoption of Audited Standalone & Consolidated Financial StatementsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.20%
Turnout: all 60.98% · promoters 100.00% · institutions 6.21% · other public 0.47%
- Declaration of Final Dividend for FY 2025-26Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.23%
Turnout: all 60.98% · promoters 100.00% · institutions 6.21% · other public 0.47%
- Appointment of a Director retiring by rotation [Ms. Khushboo Chandrakant Doshi, (DIN: 00025581)]Ordinary100.00% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 1.73%
Turnout: all 60.98% · promoters 100.00% · institutions 6.21% · other public 0.47%
- Appointment of a Director retiring by rotation [Mr. Utsav Kishorbhai Doshi (DIN: 00174486)]Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.41%
Turnout: all 60.98% · promoters 100.00% · institutions 6.21% · other public 0.47%
- Ratification of Cost Auditor’s Remuneration for FY 2026-27Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.24%
Turnout: all 60.98% · promoters 100.00% · institutions 6.21% · other public 0.47%
- To appoint Mr. Sunil Jain (DIN: 00043541) as Director (Non-Executive, Non-Independent) of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.51%
Turnout: all 60.98% · promoters 100.00% · institutions 6.21% · other public 0.47%
- To approve payment of professional fees to Mr. Sunil Jain (DIN: 00043541) and Mr. Pratik Kothari (DIN: 03550736), Non-Executive Directors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.51%
Turnout: all 60.98% · promoters 100.00% · institutions 6.21% · other public 0.47%
- Appointment of Mrs. Hetal Dobariya (DIN: 11914224) as a Director (Non-Executive, Independent) of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.53%
Turnout: all 60.98% · promoters 100.00% · institutions 6.21% · other public 0.47%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 29 May 2026, 3 resolutions
67,258 shareholders on the register on 24 Apr 2026; votes counted by CS JANVI N. DAVDA / CS JANVI N. DAVDA.The company's voting result
- Re-appointment of Mr. Rajesh N. Doshi as Chairman & Executive Director of the CompanySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 6.87%
Turnout: all 61.20% · promoters 100.00% · institutions 16.91% · other public 0.27%
- Re-appointment of Ms. Khushboo C. Doshi as Managing Director of the CompanySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 8.72%
Turnout: all 61.20% · promoters 100.00% · institutions 16.91% · other public 0.27%
- Re-appointment of Mr. Utsav K. Doshi as Joint Managing Director of the CompanySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 6.60%
Turnout: all 61.20% · promoters 100.00% · institutions 16.91% · other public 0.27%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 19 Dec 2025, 1 resolution
64,045 shareholders on the register on 14 Nov 2025; votes counted by CS JANVI N. DAVDA / CS JANVI N. DAVDA.The company's voting result
- Appointment of Ms. Lakshmi Ramakrishnan (DIN: 02632837) as a Non-Executive Independent Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.66%
Turnout: all 61.42% · promoters 100.00% · institutions 20.06% · other public 0.29%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 27 Sep 2025, 9 resolutions
61,166 shareholders on the register on 19 Sep 2025; present: 10 promoters and 22 others; votes counted by CS Nirav D. Vekariya / CS Nirav D. Vekariya.The company's voting result
- Adoption of the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025, together with the reports of the Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 61.07% · promoters 100.00% · institutions 3.43% · other public 0.64%
- Adoption of the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025 together with the Report of Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 61.07% · promoters 100.00% · institutions 3.43% · other public 0.64%
- Declaration of Final Dividend for FY 2024-25Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 61.07% · promoters 100.00% · institutions 3.43% · other public 0.64%
- Appointment of Mr. Rajesh Nanalal Doshi (DIN: 00026140) as Director, liable to retire by rotationOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 4.91% · other public 0.27%
Turnout: all 61.07% · promoters 100.00% · institutions 3.43% · other public 0.64%
- Appointment of Mr. Sunil Jain (DIN: 00043541) as Director, liable to retire by rotationOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 4.91% · other public 0.27%
Turnout: all 61.07% · promoters 100.00% · institutions 3.43% · other public 0.64%
- Ratification of Cost Auditor’s Remuneration for FY 2025-26.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.23%
Turnout: all 61.07% · promoters 100.00% · institutions 3.43% · other public 0.64%
To appoint CS Nirav D. Vekariya, Practising Company Secretary (Membership No. F11660, CP No. 17709) as Secretarial Auditors of the Company for a term of five consecutive years from financial year 2025-26:MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.23%
Turnout: all 61.07% · promoters 100.00% · institutions 3.43% · other public 0.64%
- Authorisation under Section 186 of the Companies Act, 2013 for loans, guarantees securities and investments exceeding prescribed limits:Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.25%
Turnout: all 61.07% · promoters 100.00% · institutions 3.43% · other public 0.64%
- Increase in the overall limit of remuneration payable to Directors under Section 197 of the Companies Act, 2013.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 4.91% · other public 0.32%
Turnout: all 61.07% · promoters 100.00% · institutions 3.43% · other public 0.64%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 8 Sep 2025, 1 resolution
56,742 shareholders on the register on 7 Aug 2025; votes counted by CS Nirav D. Vekariya / CS Nirav D. Vekariya.
- Appointment of Mr. Hasmukhlal Ambavibhai Manavadaria (DIN: 11155297) as a Non-Executive Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 2.98%
Turnout: all 60.44% · promoters 98.38% · institutions 12.71% · other public 0.17%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 1 Jun 2025, 2 resolutions
49,030 shareholders on the register on 30 Apr 2025; votes counted by CS Nirav D. Vekariya / CS Nirav D. Vekariya.
- Appointment of CA Jinal Hasmukhbhai Rupani (DIN: 11029766) as a Non-Executive Independent Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.06%
Turnout: all 66.46% · promoters 100.00% · institutions 31.42% · other public 0.15%
- Approval of change in designation of Mr. Pratik Rajendrabhai Kothari (DIN: 03550736) from Non-Executive Independent Director to Non-Executive Non-Independent Director of the CompanySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 100.00% · other public 0.51%
Turnout: all 66.46% · promoters 100.00% · institutions 31.42% · other public 0.15%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Sep 2025. The company's results filing for the quarter to Sep 2026 says no statement of how money raised was used applies to it.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| QIPJul 2025, checked by Care Ratings Limited | 160.00 | – | – | No |