Q2 and H1 FY27 results approved; limited review without qualification; FY26 final dividend paid
Board met on October 24, 2026 (04:00 pm to 05:10 pm) and approved the unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026.
By ScoutQuest · · 3 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 10,191.45 | 9,225.23 | +10.5% | 12,306.73 | −17.2% |
| Total income | 10,550.88 | 9,584.62 | +10.1% | 12,643.44 | −16.6% |
| Profit before tax | 1,066.43 | 2,009.06 | −46.9% | 2,228.42 | −52.1% |
| Profit after tax | 826.29 | 1,409.63 | −41.4% | 1,734.78 | −52.4% |
| Total comprehensive income | 826.29 | 1,409.63 | −41.4% | 1,734.78 | −52.4% |
| Basic EPS | 0.49 | 0.81 | −39.5% | 0.87 | −43.7% |
- Profit after tax YoY change
- Year ago 1,409.63 (−41.4%)
- Period
- Quarter Ended 30-09-2026 (Un-audited)
Auditor's review
Conclusion: Unmodified
- Attention drawn to the subsidiary's transition to Ind AS from April 1, 2026; comparative consolidated figures for year ended March 31, 2026 restated by management. Conclusion not modified.
- Attention drawn to the new labour codes effective November 21, 2025; financial impact not considered material. Conclusion not modified.
Notes to the results
- Subsidiary transitioned from Indian GAAP to Ind AS effective April 1, 2026; Group restated comparative consolidated figures for quarter and year ended March 31, 2026.
- FY ended 31.03.2026 consolidated total comprehensive income restated to Rs. 4,945.77 Lakh from 4,892.84 Lakh as previously reported, due to subsidiary's Ind AS transition adjustments.
- Final dividend of 15% i.e. Rs. 0.15 per share for FY 2025-26 approved at AGM on September 29, 2026; payout completed on October 23, 2026.
- Company operates in a single business segment (Plastic Extrusion plant and machinery); segment reporting not applicable.
Outcome of the board meeting
The board of Rajoo Engineers met on Saturday, October 24, 2026, from 04:00 pm to 05:10 pm, and approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The statutory auditors, Rushabh R Shah and Co., carried out a limited review of both sets of results, and their reports carry no qualification or modification.
Consolidated numbers, quarter and half year (Rs. in lakh)
- Revenue from operations: 10,191.45 in Q2 FY27 against 9,225.23 in Q2 FY26; 22,498.18 in H1 FY27 against 17,732.55 in H1 FY26.
- Total income: 10,550.88 against 9,584.62 for the quarter; 23,194.32 against 18,255.96 for the half year.
- Profit before tax: 1,066.43 against 2,009.06 for the quarter; 3,294.85 against 3,910.28 for the half year.
- Profit for the period: 826.29 against 1,409.63 for the quarter; 2,561.07 against 2,918.71 for the half year.
- Basic EPS (not annualised): 0.49 against 0.81 for the quarter; 1.36 against 1.73 for the half year.
Revenue from operations was higher year on year in both periods, while Profit for the period was lower than the year-ago figures.
Cost lines in the consolidated quarter (Rs. in lakh)
- Cost of materials consumed: 8,849.81 against 4,474.69
- Changes in inventories of finished goods, work-in-progress and stock-in-trade: (1,747.56) against 1,031.91
- Employee benefits expense: 897.07 against 623.61
- Finance costs: 64.52 against 68.61
- Depreciation and amortisation expense: 221.76 against 112.26
- Other expenses: 1,198.85 against 1,264.49
Standalone numbers (Rs. in lakh)
- Revenue from operations: 7,043.54 in Q2 FY27 against 9,187.90 in Q2 FY26; 14,739.00 in H1 FY27 against 17,695.22 in H1 FY26.
- Profit before tax: 1,204.64 against 2,038.14 for the quarter; 2,822.86 against 3,939.37 for the half year.
- Profit for the period: 906.30 against 1,388.49 for the quarter; 2,177.35 against 2,824.67 for the half year.
- Basic EPS (not annualised): 0.51 against 0.79 for the quarter; 1.22 against 1.66 for the half year.
Subsidiary and joint venture
- Subsidiary Kohli Printing and Converting Machines Private Limited: total revenue of 3,229.80 lakh for the quarter and 7,868.50 lakh for the half year; profit/(loss) after tax of (122.30) lakh for the quarter and 331.93 lakh for the half year.
- Joint venture Rajoo Bausano Extrusion Private Limited: total revenue of 656.26 lakh for the quarter and 1,102.37 lakh for the half year; profit after tax of 86.37 lakh and 105.75 lakh.
Accounting change to keep in mind
The subsidiary transitioned from Indian GAAP to Ind AS with effect from April 1, 2026, and the group aligned its accounting policies accordingly. The group restated the comparative consolidated figures for the previous year ended March 31, 2026. Consolidated Total Comprehensive Income for that year was previously reported at 4,882.84 lakh and is restated at 4,945.77 lakh. The auditors drew attention to this transition and the restatement; their conclusion is not modified on this matter.
Dividend
The board had recommended a final dividend of 15%, i.e. Rs. 0.15 per equity share of face value of Rs 1 each, for the financial year ended March 31, 2026. Shareholders approved it at the Annual General Meeting held September 29, 2026, and the dividend payout was completed on October 23, 2026.
Other points in the notes
- The company operates in a single business segment (manufacture of plastic extrusion plant and machinery), so segment reporting is not applicable.
- The auditors also noted the consolidation of 29 existing labour legislations into four labour codes, effective November 21, 2025, and the company's view that the financial impact of this change is not material.
What this update is
This is a routine results announcement made after the board meeting, with the reviewed standalone and consolidated statements. For a reader tracking the business, the key items are the year-on-year movement in revenue and profit, the cost lines above, and the subsidiary's Ind AS transition that changed the restated comparatives.
Also from Rajoo Engineers
Board meeting on October 24, 2026 to consider September quarter and half-year results
17 Oct 2026
Shareholders Approve Appointment of Two Non-Executive Directors at 39th AGM
30 Sep 2026
More numbers
- Consolidated Revenue from operations, H1 FY27 (Rs. in lakh)22,498.18
- Standalone Revenue from operations, Q2 FY27 (Rs. in lakh)7,043.54
- Standalone Profit for the period, Q2 FY27 (Rs. in lakh)906.30
- Final dividend for FY2615%
- Total income, latest quarter10,550.88 (Rs. In Lakh)
- Total income, year-ago quarter9,584.62 (Rs. In Lakh)
- Total income, previous quarter12,643.44 (Rs. In Lakh)
- Total comprehensive income, latest quarter826.29 (Rs. In Lakh)
- Total comprehensive income, year-ago quarter1,409.63 (Rs. In Lakh)
- Total comprehensive income, previous quarter1,734.78 (Rs. In Lakh)
- Profit after tax, latest quarter826.29 (Rs. In Lakh)
- Profit after tax, year-ago quarter1,409.63 (Rs. In Lakh)
- Profit after tax, previous quarter1,734.78 (Rs. In Lakh)
- Revenue from operations, latest quarter10,191.45 (Rs. In Lakh)
- Revenue from operations, year-ago quarter9,225.23 (Rs. In Lakh)
- Revenue from operations, previous quarter12,306.73 (Rs. In Lakh)
- Profit before tax, latest quarter1,066.43 (Rs. In Lakh)
- Profit before tax, year-ago quarter2,009.06 (Rs. In Lakh)
- Profit before tax, previous quarter2,228.42 (Rs. In Lakh)
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