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30 Apr 2026
Rajoo Engineers has announced its audited financial results for FY26, demonstrating robust performance with significant improvements across key financial metrics. The company's board meeting held on April 28, 2026, approved comprehensive results and made several strategic decisions for the upcoming financial year. The audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, have been published in compliance with Regulation 47 of SEBI Listing Regulations.
Financial Performance Overview
The company delivered strong consolidated financial performance for FY26, with net profit reaching ₹4,889.58 lakhs compared to ₹3,811.63 lakhs in the previous year. Revenue from operations grew substantially to ₹36,425.29 lakhs from ₹25,365.51 lakhs, reflecting strong business momentum and market demand.
Financial Metric FY26 FY25 Change Revenue from Operations ₹36,425.29 lakhs ₹25,365.51 lakhs +43.58% Net Profit ₹4,889.58 lakhs ₹3,811.63 lakhs +28.29% Total Income ₹35,393.91 lakhs ₹25,931.62 lakhs +36.48% Basic EPS ₹2.74 ₹2.32 +18.10%
Standalone Results Analysis
On a standalone basis, the company reported net profit of ₹4,328.13 lakhs for FY26 against ₹3,529.73 lakhs in FY25. Standalone revenue from operations reached ₹29,828.51 lakhs compared to ₹25,365.51 lakhs in the previous year, indicating strong operational efficiency and business growth.
Board Decisions and Corporate Actions
The board approved several key decisions during the meeting that commenced at 03:00 PM and concluded at 04:45 PM on April 28, 2026. A final dividend of ₹0.15 per equity share has been recommended for FY26, subject to shareholder approval at the Annual General Meeting.
Board Decision Details Dividend Recommendation ₹0.15 per equity share Internal Auditor Reappointment M/s. Savjani & Associates for FY27 Cost Auditor Reappointment M/s. Shailesh Thaker & Associates for FY27 Company Secretary Resignation Mr. Nikhil V. Gajjar effective April 30, 2026
Key Management Changes
The company noted the resignation of Mr. Nikhil V. Gajjar as Company Secretary & Compliance Officer, effective from close of business hours on April 30, 2026. The board also approved the reappointment of auditors for the upcoming financial year, ensuring continuity in governance and compliance functions.
Auditor Reappointments
M/s. Savjani & Associates, Chartered Accountants, have been reappointed as Internal Auditors for FY27, bringing over 13 years of experience in taxation, GST, and audit functions. M/s. Shailesh Thaker & Associates have been reappointed as Cost Auditors, with their remuneration subject to shareholder ratification.
Regulatory Compliance
In accordance with Regulation 47(1) of SEBI Listing Regulations, the company has published the advertisement containing audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026 in The Indian Express and Financial Express (both English and Gujarati language editions). The financial results are available on the company's website at www.rajoo.com and on the websites of NSE and BSE.
Source: None/Company/INE535F01024/e28c5d7078f64a2f.pdf
Rajoo Engineers Limited has announced a postal ballot process for seeking shareholder approval on the re-appointment of three key directors, with the electronic voting scheduled from April 30 to May 29, 2026. The company issued the postal ballot notice dated April 28, 2026, in compliance with regulatory requirements under the Companies Act, 2013 and SEBI Listing Regulations.
Directors Proposed for Re-appointment
The postal ballot seeks approval for three special resolutions concerning the re-appointment of directors belonging to the promoter category:
Position Director Name DIN Proposed Annual Remuneration Chairman & Executive Director Mr. Rajesh N. Doshi 00026140 Rs. 3.60 crore Managing Director Ms. Khushboo C. Doshi 00025581 Rs. 2.40 crore Joint Managing Director Mr. Utsav K. Doshi 00174486 Rs. 2.16 crore
All three directors will serve for a period of five years from June 01, 2026 to May 31, 2031, subject to shareholder approval through the postal ballot process.
Voting Timeline and Process
The remote e-voting will commence on Thursday, April 30, 2026, at 09:00 a.m. (IST) and conclude on Friday, May 29, 2026, at 05:00 p.m. (IST). The company has engaged NSDL for facilitating the electronic voting process, with the cut-off date set as Friday, April 24, 2026.
Parameter Details Voting Start Date April 30, 2026, 09:00 a.m. (IST) Voting End Date May 29, 2026, 05:00 p.m. (IST) Cut-off Date April 24, 2026 E-voting Platform NSDL Scrutinizer CS Janvi N Davda (Membership No. F13895, CP No. 28288)
Director Profiles and Remuneration Details
Mr. Rajesh N. Doshi serves as Chairman & Executive Director and holds a Bachelor's degree in Science from Saurashtra University. As co-founder of the Rajoo Group, he brings over three decades of experience in plastic processing, machinery manufacturing, and product development. His previous remuneration for FY 2025-26 was Rs. 1.68 crore.
Ms. Khushboo C. Doshi is the Managing Director with qualifications including a Bachelor's degree in Architecture and Master's degree in Industrial Product Design from the United Kingdom. She also holds a Master's in Management for Entrepreneurs from IIM Ahmedabad. Her previous remuneration for FY 2025-26 was Rs. 88.33 lakh.
Mr. Utsav K. Doshi serves as Joint Managing Director and holds a Bachelor's degree in Mechanical Engineering with a Master's in Polymer technology from HTW Aalen University, Germany. He has over 14 years of experience in designing and operations at Rajoo Engineers. His previous remuneration for FY 2025-26 was Rs. 68.83 lakh.
Regulatory Compliance and Shareholding
The proposed remuneration packages remain within the overall limit of 21% of net profits approved by members at the Thirty-Eighth Annual General Meeting held on September 27, 2025. The directors hold significant shareholdings in the company:
Director Shareholding Percentage Mr. Rajesh N. Doshi 11.12% Ms. Khushboo C. Doshi 7.26% Mr. Utsav K. Doshi 4.81%
The postal ballot notice and voting instructions are being sent electronically to shareholders whose email addresses are registered with the company's Registrar and Share Transfer Agent, MUFG Intime India Private Limited, or depositories. The results will be announced within 48 hours of voting conclusion and will be available on the company website and stock exchange platforms.
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