Rajoo Engineers reported a stellar FY26 with revenue rising 35.7% to Rs 344.25 crore and profit reaching Rs 48.90 crore. The year was marked by its NSE debut, a Rs 160 crore QIP, and a strategic 60% stake acquisition in Kohli Printing. These moves position the company to offer end-to-end solutions in the flexible packaging space, though management remains mindful of raw material and logistics cost volatility heading into FY27.
Rajoo Engineers FY26 Revenue Rises 35% to Rs 344 Crore
Revenue of Rs 344.25 crore and Profit After Tax of Rs 48.90 crore reported for FY26.
Reader Takeaway: Strong operational growth and strategic acquisition of Kohli Printing balanced against raw material and logistics cost headwinds.
What just happened
Rajoo Engineers Limited concluded a transformative fiscal year 2025-26, delivering significant top-line and bottom-line growth. The company successfully executed its NSE listing on May 29, 2025, and followed this with a Rs 160 crore capital raise via a Qualified Institutional Placement (QIP) in July 2025. This influx of capital has bolstered the balance sheet, providing the firm with significant liquidity for future strategic expansion.
Why this matters
The acquisition of a 60% stake in Kohli Printing and Converting Machines Private Limited is the central development for shareholders. By bringing printing and lamination capabilities in-house, Rajoo Engineers has successfully transitioned into an end-to-end provider for the flexible packaging industry. This move is expected to enhance cross-selling potential and improve overall product margins.
The backstory
Historically, Rajoo Engineers has focused heavily on extrusion technologies. The FY26 initiatives represent a pivot toward a more integrated business model. The successful debut of the PROEX Series at the K-2025 trade fair further highlights the company’s push into higher-margin, value-added segments, matching the company's commitment to operational upgrades at its Shree Yantralaya facility.
Risks to watch
Management has identified several external pressures for FY27. Primary risks include the volatility of raw material prices and elevated logistics costs, both of which could exert pressure on operating margins. Additionally, the company is monitoring global geopolitical uncertainties, which could potentially impact international trade flows and export demand.
What to track next
Investors should focus on the synergy realization from the Kohli Printing integration. The speed at which Rajoo can streamline its combined product offerings while maintaining margins in a high-cost environment will be the primary performance metric for the coming quarters.