Rajesh Exports Limited
Rajesh Exports Limited, a gold refiner, engages in the manufacture, wholesale, and retail of gold and various gold products in India. It also owns retail showrooms under the SHUBH Jewellers brand. The company also exports its products. Rajesh Exports Limited was incorporated in 1989 and is headquartered in Bengaluru, India.
Rajesh Exports Limited (RAJESHEXPO) - Net Assets
Latest net assets as of September 2025: ₹167.30 Billion INR
Based on the latest financial reports, Rajesh Exports Limited (RAJESHEXPO) has net assets worth ₹167.30 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹373.69 Billion) and total liabilities (₹206.39 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹167.30 Billion |
| % of Total Assets | 44.77% |
| Annual Growth Rate | 28.03% |
| 5-Year Change | 41.06% |
| 10-Year Change | 230.92% |
| Growth Volatility | 31.75 |
Rajesh Exports Limited - Net Assets Trend (2005–2025)
This chart illustrates how Rajesh Exports Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Rajesh Exports Limited (2005–2025)
The table below shows the annual net assets of Rajesh Exports Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹158.28 Billion | +3.81% |
| 2024-03-31 | ₹152.47 Billion | +3.55% |
| 2023-03-31 | ₹147.24 Billion | +18.30% |
| 2022-03-31 | ₹124.46 Billion | +10.91% |
| 2021-03-31 | ₹112.21 Billion | +6.53% |
| 2020-03-31 | ₹105.34 Billion | +19.16% |
| 2019-03-31 | ₹88.40 Billion | +23.21% |
| 2018-03-31 | ₹71.75 Billion | +21.93% |
| 2017-03-31 | ₹58.84 Billion | +23.02% |
| 2016-03-31 | ₹47.83 Billion | +42.29% |
| 2015-03-31 | ₹33.62 Billion | +22.58% |
| 2014-03-31 | ₹27.42 Billion | +13.58% |
| 2013-03-31 | ₹24.15 Billion | +21.42% |
| 2012-03-31 | ₹19.89 Billion | +24.54% |
| 2011-03-31 | ₹15.97 Billion | +39.55% |
| 2010-03-31 | ₹11.44 Billion | +45.03% |
| 2009-03-31 | ₹7.89 Billion | +155.26% |
| 2008-03-31 | ₹3.09 Billion | +30.81% |
| 2007-03-31 | ₹2.36 Billion | +59.48% |
| 2006-03-31 | ₹1.48 Billion | +31.07% |
| 2005-03-31 | ₹1.13 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rajesh Exports Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 15651924000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹156.52 Billion | 99.81% |
| Common Stock | ₹295.26 Million | 0.19% |
| Other Comprehensive Income | ₹156.52 Billion | 99.81% |
| Total Equity | ₹156.81 Billion | 100.00% |
Rajesh Exports Limited Competitors by Market Cap
The table below lists competitors of Rajesh Exports Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Asia Cement
KO:002030
|
$135.76 Million |
|
United Security Bancshares
NASDAQ:UBFO
|
$135.77 Million |
|
ZALARIS ASA A NK -10
F:81Y
|
$135.81 Million |
|
Stoneridge Inc
NYSE:SRI
|
$135.84 Million |
|
Lucky Strike Entertainment Corporation
NYSE:LUCK
|
$135.75 Million |
|
AnGes Inc
OTCGREY:AMGXF
|
$135.73 Million |
|
Zuming Bean Products Co Ltd
SHE:003030
|
$135.72 Million |
|
iOCO Limited
JSE:IOC
|
$135.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rajesh Exports Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 152,468,856,000 to 156,814,500,000, a change of 4,345,644,000 (2.9%).
- Net income of 948,700,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 118,286,462,000.
- Other factors decreased equity by 114,889,518,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹948.70 Million | +0.6% |
| Other Comprehensive Income | ₹118.29 Billion | +75.43% |
| Other Changes | ₹-114.89 Billion | -73.26% |
| Total Change | ₹- | 2.85% |
Book Value vs Market Value Analysis
This analysis compares Rajesh Exports Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.19x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 19.21x to 0.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹5.38 | ₹103.40 | x |
| 2006-03-31 | ₹6.91 | ₹103.40 | x |
| 2007-03-31 | ₹8.13 | ₹103.40 | x |
| 2008-03-31 | ₹10.76 | ₹103.40 | x |
| 2009-03-31 | ₹30.70 | ₹103.40 | x |
| 2010-03-31 | ₹37.49 | ₹103.40 | x |
| 2011-03-31 | ₹54.09 | ₹103.40 | x |
| 2012-03-31 | ₹67.36 | ₹103.40 | x |
| 2013-03-31 | ₹81.78 | ₹103.40 | x |
| 2014-03-31 | ₹92.91 | ₹103.40 | x |
| 2015-03-31 | ₹113.85 | ₹103.40 | x |
| 2016-03-31 | ₹162.00 | ₹103.40 | x |
| 2017-03-31 | ₹199.29 | ₹103.40 | x |
| 2018-03-31 | ₹242.98 | ₹103.40 | x |
| 2019-03-31 | ₹299.40 | ₹103.40 | x |
| 2020-03-31 | ₹356.77 | ₹103.40 | x |
| 2021-03-31 | ₹380.05 | ₹103.40 | x |
| 2022-03-31 | ₹421.52 | ₹103.40 | x |
| 2023-03-31 | ₹498.67 | ₹103.40 | x |
| 2024-03-31 | ₹516.39 | ₹103.40 | x |
| 2025-03-31 | ₹530.59 | ₹103.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rajesh Exports Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.02%
- • Asset Turnover: 14.40x
- • Equity Multiplier: 1.87x
- Recent ROE (0.60%) is below the historical average (20.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 38.12% | 1.01% | 8.92x | 4.21x | ₹317.82 Million |
| 2006 | 44.92% | 1.23% | 6.48x | 5.66x | ₹517.32 Million |
| 2007 | 42.87% | 1.47% | 1.69x | 17.24x | ₹776.56 Million |
| 2008 | 66.83% | 2.38% | 1.24x | 22.57x | ₹1.76 Billion |
| 2009 | 11.08% | 0.73% | 1.93x | 7.84x | ₹84.84 Million |
| 2010 | 16.90% | 1.05% | 2.13x | 7.54x | ₹789.82 Million |
| 2011 | 15.53% | 1.21% | 1.95x | 6.60x | ₹883.16 Million |
| 2012 | 20.74% | 1.61% | 2.14x | 6.02x | ₹2.14 Billion |
| 2013 | 18.74% | 1.46% | 2.25x | 5.73x | ₹2.11 Billion |
| 2014 | 13.03% | 1.22% | 2.60x | 4.10x | ₹832.01 Million |
| 2015 | 19.48% | 1.30% | 3.14x | 4.78x | ₹3.19 Billion |
| 2016 | 22.35% | 0.65% | 7.89x | 4.38x | ₹5.91 Billion |
| 2017 | 21.14% | 0.51% | 10.03x | 4.10x | ₹6.55 Billion |
| 2018 | 17.64% | 0.67% | 7.97x | 3.28x | ₹5.48 Billion |
| 2019 | 14.62% | 0.74% | 6.09x | 3.26x | ₹4.08 Billion |
| 2020 | 11.45% | 0.62% | 6.37x | 2.92x | ₹1.52 Billion |
| 2021 | 7.53% | 0.33% | 11.00x | 2.09x | ₹-2.77 Billion |
| 2022 | 8.11% | 0.42% | 10.17x | 1.92x | ₹-2.35 Billion |
| 2023 | 9.73% | 0.42% | 14.85x | 1.55x | ₹-400.85 Million |
| 2024 | 2.20% | 0.12% | 12.72x | 1.45x | ₹-11.89 Billion |
| 2025 | 0.60% | 0.02% | 14.40x | 1.87x | ₹-14.73 Billion |
Industry Comparison
This section compares Rajesh Exports Limited's net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $3,119,923,945
- Average return on equity (ROE) among peers: 12.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rajesh Exports Limited (RAJESHEXPO) | ₹167.30 Billion | 38.12% | 1.23x | $135.76 Million |
| D. P. Abhushan Limited (DPABHUSHAN) | $970.79 Million | 28.23% | 3.07x | $56.84 Million |
| Ethos Limited (ETHOSLTD) | $515.18 Million | 0.29% | 2.67x | $308.97 Million |
| Goenka Diamond and Jewels Limited (GOENKA) | $2.64 Billion | -6.02% | 2.09x | $1.18 Million |
| Goldiam International Limited (GOLDIAM) | $2.55 Billion | 6.69% | 0.63x | $150.87 Million |
| Kalyan Jewellers India Limited (KALYANKJIL) | $21.58 Billion | 6.63% | 2.81x | $1.62 Billion |
| Kanani Industries Limited (KANANIIND) | $171.10 Million | 48.65% | 1.77x | $1.85 Million |
| KDDL Limited (KDDL) | $1.62 Billion | 10.59% | 1.66x | $134.24 Million |
| Laxmi Goldorna House Ltd (LGHL) | $314.55 Million | 0.40% | 2.56x | $38.86 Million |
| Lypsa Gems & Jewellery Limited (LYPSAGEMS) | $267.48 Million | 15.22% | 5.40x | $1.00 Million |
| Moksh Ornaments Limited (MOKSH) | $572.50 Million | 10.92% | 0.87x | $12.78 Million |