Rajdarshan Industries Q2 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹11 Cr
- ROE
- -0.80%
- Price to sales
- 18.55
- Debt to equity
- 0.00
- 52W high / low
- ₹59.4 / ₹30.1
- EBITDA margin
- -52.63%
- Net profit margin
- -29.82%
- Promoter holding
- 63.66%
- Sales (last year)
- ₹1 Cr
Incorporated in 1980, Rajdarshan Industries Ltd is engaged in the trading of quarts and minerals[1]
Potential multibaggers · Q2 FY27
Potential multibaggers in Metals & Minerals Trading
on management's own guidance
- BMW VenturesGood growth2
- SG MartGood growth1
- Adani EnterprisesGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Rajdarshan Industries latest results (Sep 2026)
Revenue
₹0 Cr
-100% YoY
Net profit
₹-0 Cr
EPS
₹-0.55
Rajdarshan Industries shareholding (Sep 2026)
Promoters
63.66%
unchanged QoQ
FIIs
—
— QoQ
DIIs
0.68%
unchanged QoQ
Public
35.56%
−0.02 pp QoQ
Peers
Metals & Minerals Trading companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | SG Mart | 20–40% | Up 0–2% | ₹11,075 Cr | 73.0 |
| 2 | BMW Ventures | 20–40% | Up 0–2% | ₹562 Cr | 14.0 |
| 3 | Adani Enterprises | 20–40% | Flat | ₹3.71L Cr | 115.4 |
| 4 | 20–40% | Flat | ₹1,180 Cr | 68.7 |
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Pro shows every company guiding 40%+ revenue growth →Full Metals & Minerals Trading rankingFinancials of Rajdarshan Inds
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Shareholder Pattern
Rajdarshan Inds
Shareholding breakup across reporting periods.
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters + | 63.66% | 63.66% | 63.66% | 63.66% | 63.66% | 63.66% | 63.66% | 63.66% | 63.66% | 63.66% | 63.66% | 63.66% |
| DIIs + | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% |
| Government + | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.09% | 0.09% | 0.09% |
| Public + | 35.66% | 35.66% | 35.66% | 35.66% | 35.65% | 35.65% | 35.66% | 35.66% | 35.66% | 35.56% | 35.58% | 35.56% |
| No. of Shareholders | 4,916 | 4,880 | 5,177 | 5,451 | 5,692 | 5,577 | 5,647 | 5,559 | 5,393 | 5,365 | 5,316 | 5,396 |
Financials of Rajdarshan Inds
Quarterly Results
Quarter-by-quarter operating performance
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 0.00 | 0.68 | 0.42 | 1.12 | 0.38 | 0.00 | 0.07 | 0.30 | 0.09 | 0.07 | 0.11 | 0.30 | 0.00 |
| YoY Sales growth | -100.00% | +70.00% | -4.55% | +133.33% | -100.00% | -83.33% | -73.21% | -76.32% | +57.14% | +0.00% | -100.00% | ||
| Expenses + | 0.05 | 0.69 | 0.46 | 1.18 | 0.41 | 0.07 | 0.24 | 0.40 | 0.13 | 0.13 | 0.21 | 0.40 | 0.19 |
| Operating Profit | -0.05 | -0.01 | -0.04 | -0.06 | -0.03 | -0.07 | -0.17 | -0.10 | -0.04 | -0.06 | -0.10 | -0.10 | -0.19 |
| OPM % | -1.47% | -9.52% | -5.36% | -7.89% | -242.86% | -33.33% | -44.44% | -85.71% | -90.91% | -33.33% | |||
| Other Income + | 0.24 | 0.33 | 0.36 | 0.46 | 0.25 | -0.01 | -0.17 | 0.35 | -0.01 | 0.16 | -0.11 | 0.46 | 0.03 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.03 | 0.01 | 0.01 | 0.01 | 0.01 |
| Profit before tax | 0.19 | 0.32 | 0.32 | 0.39 | 0.21 | -0.09 | -0.35 | 0.24 | -0.08 | 0.09 | -0.22 | 0.35 | -0.17 |
| Tax % | 0.00% | 0.00% | 59.38% | 0.00% | 4.76% | 0.00% | -17.14% | 0.00% | 0.00% | 0.00% | 100.00% | 0.00% | 0.00% |
| Net Profit + | 0.19 | 0.32 | 0.14 | 0.40 | 0.21 | -0.08 | -0.29 | 0.24 | -0.07 | 0.09 | -0.44 | 0.36 | -0.17 |
| EPS in Rs | 0.61 | 1.03 | 0.45 | 1.29 | 0.68 | -0.26 | -0.93 | 0.77 | -0.23 | 0.29 | -1.42 | 1.16 | -0.55 |
Financials of Rajdarshan Inds
Profit & Loss
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1.81 | 1.27 | 1.22 | 1.67 | 1.61 | 0.60 | 0.00 | 0.44 | 1.90 | 1.58 | 1.57 | 0.57 | 0.48 |
| Sales growth | -20.26% | -29.83% | -3.94% | +36.89% | -3.59% | -62.73% | -100.00% | +331.82% | -16.84% | -0.63% | -63.69% | +4.35% | |
| Expenses + | 1.25 | 1.25 | 1.30 | 1.34 | 1.18 | 8.71 | 0.32 | 0.80 | 2.12 | 1.76 | 1.88 | 0.90 | 0.93 |
| Operating Profit | 0.56 | 0.02 | -0.08 | 0.33 | 0.43 | -8.11 | -0.32 | -0.36 | -0.22 | -0.18 | -0.31 | -0.33 | -0.45 |
| OPM % | 30.94% | 1.57% | -6.56% | 19.76% | 26.71% | -1,351.67% | -81.82% | -11.58% | -11.39% | -19.75% | -57.89% | -93.75% | |
| Other Income + | 0.38 | 0.46 | 0.61 | 0.63 | 0.43 | 0.30 | 1.25 | 0.90 | 0.55 | 1.10 | 0.53 | 0.40 | 0.54 |
| Interest | 0.04 | 0.01 | 0.05 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 |
| Depreciation | 0.30 | 0.26 | 0.22 | 0.12 | 0.06 | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 | 0.03 | 0.03 | 0.04 |
| Profit before tax | 0.60 | 0.21 | 0.26 | 0.83 | 0.80 | -7.84 | 0.91 | 0.53 | 0.31 | 0.90 | 0.18 | 0.04 | 0.05 |
| Tax % | 28.33% | 14.29% | 15.38% | 14.46% | 27.50% | -25.64% | 23.08% | -1.89% | 3.23% | 21.11% | -27.78% | 550.00% | |
| Net Profit + | 0.43 | 0.18 | 0.22 | 0.70 | 0.58 | -5.82 | 0.71 | 0.54 | 0.30 | 0.72 | 0.23 | -0.17 | -0.16 |
| EPS in Rs | 1.38 | 0.58 | 0.71 | 2.25 | 1.87 | -18.72 | 2.28 | 1.74 | 0.97 | 2.32 | 0.74 | -0.55 | -0.52 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials of Rajdarshan Inds
Balance Sheet
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.11 | 3.11 | 3.11 | 3.11 | 3.11 | 3.11 | 3.11 | 3.11 | 3.11 | 3.11 | 3.11 | 3.11 | 3.11 |
| Reserves | 15.86 | 16.04 | 18.87 | 19.16 | 19.85 | 12.28 | 15.06 | 18.32 | 17.65 | 18.32 | 18.79 | 17.32 | 17.83 |
| Borrowings + | 0.13 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.50 | 0.00 | 0.00 | 0.00 |
| Other Liabilities + | 0.31 | 0.14 | 0.12 | 0.10 | 0.15 | 0.08 | 0.10 | 0.56 | 0.51 | 0.29 | 0.23 | 0.15 | 0.17 |
| Total Liabilities | 19.41 | 19.30 | 22.10 | 22.37 | 23.11 | 15.47 | 18.27 | 21.99 | 21.27 | 22.22 | 22.13 | 20.58 | 21.11 |
| Fixed Assets + | 1.56 | 1.31 | 0.86 | 0.69 | 0.64 | 0.39 | 0.34 | 0.32 | 0.32 | 0.52 | 0.49 | 0.46 | 0.45 |
| CWIP | 2.87 | 2.87 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 2.96 | 2.46 | 5.55 | 5.82 | 6.05 | 4.01 | 6.54 | 9.62 | 8.63 | 9.18 | 9.60 | 8.26 | 8.94 |
| Other Assets + | 12.02 | 12.66 | 15.69 | 15.86 | 16.42 | 11.07 | 11.39 | 12.05 | 12.32 | 12.52 | 12.04 | 11.86 | 11.72 |
| Total Assets | 19.41 | 19.30 | 22.10 | 22.37 | 23.11 | 15.47 | 18.27 | 21.99 | 21.27 | 22.22 | 22.13 | 20.58 | 21.11 |
Financials of Rajdarshan Inds
Cash Flows
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 0.72 | 0.98 | -1.97 | 0.33 | -0.83 | -0.10 | 0.01 | -0.62 | -0.38 | -0.25 | -0.88 | -0.41 |
| Cash from Investing Activity + | 0.37 | 0.96 | 0.36 | -0.18 | 0.34 | -0.23 | 0.12 | 0.52 | 0.24 | 0.29 | 0.87 | 0.41 |
| Cash from Financing Activity + | -0.34 | -0.13 | -0.06 | -0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Cash Flow | 0.74 | 1.81 | -1.67 | 0.14 | -0.49 | -0.33 | 0.14 | -0.10 | -0.14 | 0.04 | -0.01 | 0.00 |
| Free Cash Flow | 0.74 | 0.97 | -1.97 | 0.38 | -0.83 | 0.21 | 0.07 | -0.62 | -0.38 | -0.42 | -0.88 | -0.41 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 129% | 4,900% | 2,362% | 152% | -170% | -0% | -16% | 156% | 155% | 111% | 274% | 118% |
Financials of Rajdarshan Inds
Ratios
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 286.35 | 155.20 | 65.82 | 85.24 | 281.12 | 815.17 | 1,136.48 | 124.87 | 228.70 | 281.31 | 883.68 | |
| Inventory Days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 286.35 | 155.20 | 65.82 | 85.24 | 281.12 | 815.17 | 1,136.48 | 124.87 | 228.70 | 281.31 | 883.68 | |
| Working Capital Days | 475.91 | 238.54 | 1,451.02 | 1,020.69 | 1,262.76 | 3,333.67 | 4,537.61 | 893.29 | 1,106.55 | 1,267.04 | 3,656.40 | |
| ROCE % | 3.20% | 1.15% | 1.41% | 3.80% | 3.54% | -40.89% | 5.42% | 2.68% | 1.52% | 4.26% | 0.87% | 0.19% |
Rajdarshan Industries: frequently asked questions
What is Rajdarshan Industries share price today?
Rajdarshan Industries last traded at ₹33.99, with a market capitalisation of ₹11 Cr.
What were Rajdarshan Industries's latest quarterly results?
For the quarter ended Sep 2026, Rajdarshan Industries reported revenue of ₹0 Cr (-100% year on year) and net profit of ₹-0 Cr.
Is Rajdarshan Industries's profit growing?
Net profit was ₹-0 Cr in Sep 2026 against ₹-0 Cr in Sep 2025.
What is Rajdarshan Industries's EPS?
Rajdarshan Industries's earnings per share for the quarter ended Sep 2026 was ₹-0.55.
What is the promoter holding in Rajdarshan Industries?
Promoters held 63.66% of Rajdarshan Industries in Sep 2026 (unchanged versus Jun 2026).
How much do FIIs and DIIs hold in Rajdarshan Industries?
In Sep 2026, foreign institutional investors held — and domestic institutions (including mutual funds) held 0.68% of Rajdarshan Industries.
What is Rajdarshan Industries's ROE and ROCE?
Rajdarshan Industries's return on equity is -0.8% and its return on capital employed is 0.19%.
Does Rajdarshan Industries pay a dividend?
Rajdarshan Industries's dividend yield is 0% at the current price; see the Rajdarshan Industries dividends page for past payouts.
Which sector does Rajdarshan Industries belong to?
Rajdarshan Industries is in the Metals & Minerals Trading sector. Its peer comparison and sector ranking are on this page.
What did Rajdarshan Industries's management say on the latest earnings call?
Arthneeti's analysis of the Q2 FY27 earnings call covers revenue, margins, capex and fundraising guidance from Rajdarshan Industries's management.
How does Arthneeti AI analyse Rajdarshan Industries?
Arthneeti reads Rajdarshan Industries's earnings call transcripts and filings and scores revenue growth, margins, capex and fundraising, then ranks the company against its sector.
Continue your research
What Rajdarshan Inds's management said in earlier quarters
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