Raj Oil Mills Q2 FY27 Share Price & Earnings Call Analysis

₹41.70-1.58% today
Market cap
₹67 Cr
P/E
15.26
PEG
0.88
Price to sales
0.43
Debt to equity
12.29
52W high / low
₹56.5 / ₹36.3
Sales growth (5Y)
7.90%
EBITDA margin
4.38%
Net profit margin
3.08%
Promoter holding
70.31%
Sales (last year)
₹153 Cr

Incorporated in 1943, Raj Oil Mills Ltd does manufacturing and trading of edible oils[1]

Potential multibaggers · Q2 FY27

Potential multibaggers in Agricultural Food & other Products
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Agricultural Food & other Products companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 0–2%₹890 Cr13.7
240%+Up 0–2%₹125 Cr6.8
340%+Flat₹22 Cr9.0
420–40%Up 2%+₹221 Cr15.1
520–40%Up 2%+₹185 Cr17.4
620–40%Up 0–2%₹2,130 Cr27.1

Financials of Raj Oil Mills

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Raj Oil Mills

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%70.31%
Public +25.00%24.99%25.00%24.99%24.99%25.00%24.99%25.01%24.99%25.01%25.00%29.69%
No. of Shareholders20,96920,55120,73520,35520,16819,97720,33720,17920,28820,01019,71119,405

Pros & Cons

Raj Oil Mills

Key positives and risks surfaced from the company insights section.

Pros
  • Stock is trading at 39.6 times its book value
  • Promoter holding has decreased over last quarter: -4.69%
  • The company has delivered a poor sales growth of 7.90% over past five years.
  • Contingent liabilities of Rs.127 Cr.
  • Company might be capitalizing the interest cost
Raw Insights
  • Stock is trading at 39.6 times its book value
  • Promoter holding has decreased over last quarter: -4.69%
  • The company has delivered a poor sales growth of 7.90% over past five years.
  • Contingent liabilities of Rs.127 Cr.
  • Company might be capitalizing the interest cost

Financials of Raj Oil Mills

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +31.4435.6130.2421.2130.4930.5532.2133.6040.2435.9041.6335.5644.42
YoY Sales growth+1.52%-16.51%-20.90%-22.65%-3.02%-14.21%+6.51%+58.42%+31.98%+17.51%+29.25%+5.83%+10.39%
Expenses +31.4233.9030.3221.2728.6728.7030.2031.5338.1234.2440.5333.7342.19
Operating Profit0.021.71-0.08-0.061.821.852.012.072.121.661.101.832.23
OPM %0.06%4.80%-0.26%-0.28%5.97%6.06%6.24%6.16%5.27%4.62%2.64%5.15%5.02%
Other Income +0.870.130.950.040.010.010.030.010.010.010.010.010.01
Interest0.180.270.280.270.240.240.220.230.220.090.050.050.09
Depreciation0.480.480.460.470.480.480.470.480.410.270.270.270.27
Profit before tax0.231.090.13-0.761.111.141.351.371.501.310.791.521.88
Tax %-17.39%1.83%15.38%3.95%2.70%1.75%2.22%-2.92%-2.00%6.11%35.44%26.97%26.06%
Net Profit +0.281.070.10-0.791.081.121.311.411.531.220.511.111.40
EPS in Rs0.140.520.05-0.390.530.550.640.690.750.600.250.540.88

Financials of Raj Oil Mills

Profit & Loss

Annual income statement trend

Mar 2013Mar 2014Mar 2015Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +1276863607183104119140125114151158
Sales growth-63%-47%-8%+20%+16%+25%+15%+18%-11%-8%+32%+15%
Expenses +1368764561288198114137123109144151
Operating Profit-8-19-14-5626442677
OPM %-7%-27%-2.0%6%-79%2.6%6%3.5%2.6%1.4%4.9%4.6%4.3%
Other Income +1-2640-432300003000
Interest6310000001110
Depreciation4462111112211
Profit before tax-18-290-8-42-3515332356
Tax %15%0%12%-15%-5%-39%13%11%7%2%4%6%
Net Profit +-21-290-8-35-3314322354
EPS in Rs-2.14-30.04-0.83-3.47-16.280.732.001.271.190.841.322.292.27
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Financials of Raj Oil Mills

Balance Sheet

Capital structure and asset base

Mar 2013Mar 2014Mar 2015Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital717175751515151515151515
Reserves206-84-97-154-33-31-27-24-22-20-17-13
Borrowings +1281301291204236312930313226
Other Liabilities +4556635459131620191214
Total Liabilities451172170943029323644454143
Fixed Assets +888478272120201920201818
CWIP202020000000000
Investments000000000000
Other Assets +34369726899121623252325
Total Assets451172170943029323644454143

Financials of Raj Oil Mills

Cash Flows

Operating, investing and financing cash movement

Mar 2013Mar 2014Mar 2015Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +-43120-11-25-12106
Cash from Investing Activity +1100-0-0-1-1-2-1-0-1
Cash from Financing Activity +42-2-2-0113-42-01-0-5
Net Cash Flow0-0-00-01-1-000-00
Free Cash Flow-43120-11-34-2-0-105
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit510%-7%-128%13%20%-113%87%-28%64%44%5%87%

Financials of Raj Oil Mills

Ratios

Working capital efficiency and return ratios

Mar 2013Mar 2014Mar 2015Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days8186896772314182025402925
Inventory Days121014131718202522224029
Days Payable2176130163928405343392729
Cash Conversion Cycle8092-21-73314-2-84234326
Working Capital Days699-104-12830-133-136-114-92-68-70-63-40
ROCE %-3%-8%-6%-175%5%24%15%15%11%14%19%

What Raj Oil Mills's management said in earlier quarters

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