AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Change in Management 8 Sep - Rajesh Exports appoints Dipak Kadel as Company Secretary from 7 September 2026, replacing resigned Vikash Kumar Khetan.
Source: Bse
Rajesh Exports Limited (RAJESHEXPO)
Small CapConsumer stocks · Small cap · NSE
Rajesh Exports Limited operates in Gold & Diamond Jewellery, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result14 Aug, 11:10 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags04 Oct 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Consumer P/E 22.2 (n=441)
Technical timing lens
Trend score and candlestick chart
29Bearishfull bear SMA stack · SMA20 -20.1% / mo · MACD + · near 52W low · sector -3.7pp vs Nifty 500 (3M)
Stock trend: 24
Sector RS: 36
Sector 3M: -9.3% vs Nifty 500 -5.6%
Consumer FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
RAJESHEXPOD candles · FIT view-54.6%Latest close ₹57.53 on 2026-10-19
Bar
-3.8%
RSI
31
MACD hist
0.17
52W pos
3%
2026-10-19O ₹59.79H ₹59.79L ₹55.84C ₹57.53Vol 1.7L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
RAJESHEXPONifty Consumer DurablesNifty 500
- RAJESHEXPO
- -34.2%
- Nifty 500
- -5.6%
- Nifty Consumer Durables
- -9.7%
- Vs Nifty 500
- -28.6 pp
Chart stats
19 Oct 2026- From 52W high
- -75.8%
- 52W range position
- 3%
- ATR (14)
- 6.1%
- Volume vs 20D
- 0.55x
- Avg traded value
- ₹1.6 Cr
- 20D price channel
- ₹52.7 - ₹72
₹237.9
₹52.7 - ₹237.9
₹3.5
Latest completed session
20-session average
39.0% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · WATCHLIST41
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad22
Revenue +82.7% · PAT NDF YoY
Technical
Bearish29
Price trend and sector-relative-strength timing.
Valuation
Legacy model-597.2%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence60
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 22/100margin compression · Rev +83% YoY
Filed 14 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹2,40,336 Cr | +82.7% | +1.5% |
| EBITDA | ₹59 Cr | +40.5% | +126.2% |
| Operating margin | 0.0% | +0 bps | +10 bps |
| PAT | ₹47 Cr | NDF | NDF |
| PAT margin | 0.0% | +3 bps | +4 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 10.90
- P/B
- 0.11
- EV/EBITDA
- 15.96
- Market Cap
- 1841.00Cr
Profitability
- ROE
- 0.68%
- ROCE
- 1.86%
- ROA
- 0.41%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 25.00%
- EPS 5Y
- -33.00%
- Revenue 3Y
- 32.00%
- EPS 3Y
- -57.00%
Balance Sheet
- Debt/Equity
- 0.06
- Interest Coverage
- 0.98×
- Altman Z
- 3.80
- Book Value
- 585.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 7/5
- OCF
- 643.00 Cr
- EPS TTM
- 5.73
Shareholding
- Promoter Hold
- 54.55%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 1%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 240.3k+1.5% vs prev
Net Profit
₹ CrLatest: 47.0+187.0% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend down. RSI 31. Wait for confirmation.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~25.2% over last month) — short-term momentum negative.
- RSI(14) at 31 — rising, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 76% off 52W high · 9% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
2
RS percentile
Stage 4 Downtrend
1M return
-18.8%
3M return
-34.2%
6M return
-53.1%
1Y return
-67.8%
RS 1D
0
RS 20D
-1
Sector rank
#9
Industry rank
-
Stage evidence
- Price is 37.0% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -8.7%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
unranked
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 32.46-1.10%
RS vs Nifty 50032
Valuation & peers
U-Score 41 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 41 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
WATCHLIST
Fundamental score breakdown
U band · WATCHLISTValuation18/30
Growth6/25
Quality0/20
Balance Sheet9/15
Cash Flow4/10
Piotroski
5/9 (+3)
Penalties
1
Raw sum
41
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
41/100 · legacy band WATCHLIST
Positive drivers
- Valuation contributes 18/30 to the score.
- Balance sheet contributes 9/15 to the score.
- Cash flow contributes 4/10 to the score.
Main drags
- Fair-value margin of safety is negative at -597.2%.
- Quality is weaker at 0/20; verify the latest quarterly trend.
- Growth is weaker at 6/25; verify the latest quarterly trend.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
10.9
PB
0.1
EV/EBITDA
16.0
ROE
0.7%
ROCE
1.9%
FCF Yield
—
Debt/Equity
0.1
MoS
-597.2%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
41
Previous: 41
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
-597.2%
Previous: -597.2%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
41
41
41
41
43
43
43
41
41
41
41
41
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹274.63
+79.1% MoS
Growth-justified P/E
1.4
Growth-justified Value
₹8.25
-597.2% MoS
PEG
—
Comparable companies
Peers
Business-comparable peers in Consumer — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
ASTAR
Small
Asian Star Company Limited
Jewellery
match 60
28
30.7
2.4%
-660%
OVERVALUED
GOLDIAM
Small
Goldiam International Limited
Jewellery
match 49
64
22.1
20.0%
+31%
UNDERVALUED
RGL
Small
Renaissance Global Limited
Retail
match 23
49
15.9
6.9%
+51%
FAIR VALUE
MOTISONS
Small
Motisons Jewellers Limited
Retail
match 22
55
30.2
14.0%
+23%
FAIR VALUE
SHRINGARMS
Small
Shringar House of Mangalsutra Limited
Retail
match 21
59
17.5
26.3%
+24%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Rajesh Exports Limited operates in Gold & Diamond Jewellery, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
60Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 28th percentile of the scored universe and 30th percentile within Consumer. Main check: financial discipline is weak at 20/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
11 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
28th percentile
overall median 67 · Consumer: 30th pctile, median 66 · Small: 32nd pctile, median 66
Evidence depth
Financial-only
11 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
78
strong · holding, pledge, alignment
Cash flow
67
acceptable · profit to cash conversion
Balance sheet
74
acceptable · leverage and solvency
Discipline
20
weak · capital discipline
Results
61
acceptable · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸7 years of positive FCF.
- ▸Debt/equity is 0.06.
- ▸4/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸2 latest quarters had PAT decline worse than 25% YoY.
- ▸Interest coverage is 1.0x.
- ▸ROCE is low at 1.9%.
- ▸ROE is low at 0.7%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Rajesh Exports Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.