Raj Rayon Industries manufactures other textile products in Consumer Discretionary sector. Market cap ₹1,206.74 Cr, quarterly revenue ₹200–320 Cr. Delivers 24.37% ROE but operates with thin, volatile margins averaging 5.4%.
Operating margins thin (5.4% average, 0.99% in Sep 2024) and volatile—minimal buffer for cost inflation or demand shocks.
High leverage D/E 1.42; net loss ₹4.31 Cr in Sep 2024 shows vulnerability when margins compress.
Shareholding 94.13% promoter, 5.87% public—extreme concentration limits institutional scrutiny and liquidity.
YoY return -20.8%, stock at 52-week lows (₹21.75 vs. range ₹19.55–₹28.49)—indicates weak investor confidence.
Generated analysis · source review pending
June 2026 operating margin 8.45% vs 5.4% average—verify sustainability of cost or pricing actions that drove improvement.
ROE 24.37% strong, but reconcile against thin 5.4% OPM and 1.42 D/E to assess whether leverage is inflating returns.
Quarterly revenue volatility ₹204–319 Cr—verify if seasonal pattern or execution instability.
Consumer Discretionary and textile/apparel positioning could benefit from demand recovery; verify whether company is positioned in growth-oriented segments.
Generated analysis · source review pending
1,050 historical price candles were omitted because the exchange source has not been verified.
Structured signal from quality, growth, valuation and momentum.
₹ crore, by fiscal year
% of revenue, by fiscal year
Comparable companies from the narrowest available industry classification.
Reported profit and loss, balance sheet, cash flow and growth history.
Annual operating, return, leverage and working-capital ratios.
Current futures and options contracts with compact option-chain pages.
Mutual-fund schemes that disclosed a holding in the company.
Annual reports, exchange filings, offer documents, ratings and earnings-call material.
Upcoming dates and the company’s corporate-action history.
Latest exchange announcements, filings and downloadable documents.
Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | 20.4% | 19.6% | 18.5% | 20.8% |
| EBITDA margin % | — | — | — | -3,933.3% | 1.3% | 3.7% | 3.5% | 5.4% |
| EBIT margin % | — | — | — | -50,583.3% | -8.5% | 2.1% | 2% | 3.8% |
| PAT margin % | — | — | — | 10,67,950% | -9% | 0.5% | 1.6% | 2.9% |
| Working capital | ||||||||
| Receivable days | — | — | — | 0 | 61 | 18 | 12 | 9 |
| Inventory days | — | — | — | 0 | 248 | 62 | 57 | 46 |
| Payable days | — | — | — | 50 | 249 | 76 | 68 | 82 |
| NWC days | — | — | — | -50 | 60 | 4 | 1 | -26 |
| Leverage | ||||||||
| Current ratio | — | — | 0.03 | 1.95 | 0.93 | 0.93 | 0.83 | 0.86 |
| Debt to EBITDA | — | — | — | — | 70.27 | 2.92 | 8.04 | 3.49 |
| Debt to equity | — | — | -1.17 | 0 | 1.2 | 0.74 | 1.94 | 1.42 |
| Interest coverage | -1,822 | — | — | — | -8.6 | 1.9 | 1.6 | 2.8 |
| Asset turnover | — | — | 0 | 0 | 0.44 | 1.77 | 1.7 | 1.97 |
| Return ratios | ||||||||
| Return on assets % | — | — | -22.4% | 626.1% | -4% | 1% | 2.8% | 5.7% |
| Return on capital employed % | — | — | 6% | -30.3% | -8.2% | 11% | 8.9% | 17% |
| Return on equity % | — | — | 5.7% | 639.3% | -11.9% | 3.7% | 11.3% | 21.7% |
Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.
| Holder (%) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 94.13% | 94.13% | 94.13% | 94.13% | 94.13% | 94.13% | 94.13% | 94.13% | 94.13% | 94.13% | 94.13% | 94.13% | |
| FII | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 0.77% | 0.37% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.04% | 0.04% | 0.04% | 0.04% | 0% | |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 5.1% | 5.5% | 5.82% | 5.82% | 5.82% | 5.82% | 5.82% | 5.83% | 5.83% | 5.83% | 5.83% | 5.87% | |
| No. of shareholders | — | — | — | — | — | — | — | — | 27,027 | 26,676 | 26,492 | 26,247 |
Promoter holding up 0 percentage points since Sep 2023.
| Date | Client | Type | Venue | Side | Quantity | Price | Value |
|---|---|---|---|---|---|---|---|
| 5 Apr 2022 | SANTHOSH SOM KUMAR SIRIGIRI | Bulk | BSE | Sell | 20,000 | ₹2.83 | ₹0.01 Cr |
| 30 Mar 2022 | XCESS SECURITIES PRIVATE LIMITED | Bulk | BSE | Buy | 1,01,649 | ₹2.04 | ₹0.02 Cr |
| 30 Mar 2022 | PURSHOTTAM AGARWAL | Bulk | BSE | Sell | 99,999 | ₹2.04 | ₹0.02 Cr |
Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.
Current officeholders as filed with BSE. A person holding two offices is listed once per office.
No scheme among the 32 fund houses on record reported a position in Raj Rayon Industries Limited. Portfolios are published monthly by each AMC; coverage is still partial.
Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.
Documents link to external sources (exchange filings, company investor pages).
| Company | Mkt Cap | EV | Revenue | EBITDA | OPM | PAT | NPM | ROCE | ROE | WC Days |
|---|---|---|---|---|---|---|---|---|---|---|
| K.p.r. Mill LimitedKPRMILLKPRMILL | ₹36,607 Cr | ₹37,203 Cr | ₹6,820 Cr | ₹1,332 Cr | 19.1% | ₹912 Cr | 13% | 21.4% | 16.2% | 181 |
| Welspun Living LimitedWELSPUNLIVWELSPUNLIV | ₹22,941 Cr | ₹24,744 Cr | ₹9,934 Cr | ₹884 Cr | 8.4% | ₹278 Cr | 2.3% | 6.6% | 4.2% | 108 |
| Vardhman Textiles LimitedVTLVTL | ₹15,322 Cr | ₹17,177 Cr | ₹10,186 Cr | ₹1,387 Cr | 12.6% | ₹848 Cr | 7.6% | 8.6% | 7.3% | 259 |
| Trident LimitedTRIDENTTRIDENT | ₹11,293 Cr | ₹13,061 Cr | ₹6,781 Cr | ₹877 Cr | 13% | ₹395 Cr | 5.6% | 10.6% | 8% | 103 |
| Indo Count Industries LimitedICILICIL | ₹8,789 Cr | ₹9,862 Cr | ₹4,390 Cr | ₹424 Cr | 9.5% | ₹151 Cr | 3.1% | 10% | 5.5% | 215 |
| Garware Technical Fibres LimitedGARFIBRESGARFIBRES | ₹7,630 Cr | ₹7,671 Cr | ₹1,644 Cr | ₹306 Cr | 18.6% | ₹190 Cr | 13% | 21.6% | 15.3% | 172 |
| Kusumgar LimitedKUSUMGARKUSUMGAR | ₹6,222 Cr | ₹6,445 Cr | ₹692 Cr | ₹188 Cr | 27.2% | ₹98 Cr | 14.2% | 43.8% | 35.2% | — |
| Filatex India LimitedFILATEXFILATEX | ₹4,712 Cr | ₹4,840 Cr | ₹4,256 Cr | ₹346 Cr | 8.3% | ₹191 Cr | 4.4% | 17.4% | 12.9% | -4 |
| Jindal Worldwide LimitedJINDWORLDJINDWORLD | ₹4,594 Cr | ₹5,152 Cr | ₹2,300 Cr | ₹124 Cr | 5.9% | ₹80 Cr | 3.1% | 13.5% | 7.9% | 112 |
| Sanathan Textiles LimitedSANATHANSANATHAN | ₹4,257 Cr | ₹5,744 Cr | ₹4,401 Cr | ₹323 Cr | 7.5% | ₹61 Cr | 2% | 6.9% | 4.2% | -25 |
| Raymond Lifestyle LimitedRAYMONDLSLRAYMONDLSL | ₹3,823 Cr | ₹5,023 Cr | ₹6,973 Cr | ₹671 Cr | 9.6% | ₹43 Cr | 0.7% | 4% | 0.5% | 102 |
| Alok Industries LimitedALOKINDSALOKINDS | ₹3,505 Cr | ₹29,610 Cr | ₹3,775 Cr | ₹66 Cr | 0.8% | ₹-711 Cr | -20% | -4% | — | 93 |
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Shareholder Meeting / Postal Ballot-Outcome of AGM
Closure of Trading Window
Announcement under Regulation 30 (LODR)-Newspaper Publication
Business Responsibility and Sustainability Reporting (BRSR)
Reg. 34 (1) Annual Report.
33Rd AGM Notice To Be Held On 30.09.2026 At 12.00 Noon Through VCOM
Intimation Of Schedule Of Analyst / Institutional Investor Meetings Under The SEBI (Listing Obligations And Disclosure Requirements), Regulations 2015.
| 22 Sept 2026, 11:09 am | Insider Trading / SAST Closure of Trading Window | Closure of Trading Window |
| 8 Sept 2026, 12:48 pm | Company Update Newspaper Publication | Announcement under Regulation 30 (LODR)-Newspaper Publication |
| 7 Sept 2026, 11:08 am | Others Business Responsibility and Sustainability Reporting (BRSR) | Business Responsibility and Sustainability Reporting (BRSR) |
| 7 Sept 2026, 11:07 am | Others Reg. 34 (1) Annual Report | Reg. 34 (1) Annual Report. |
| 7 Sept 2026, 11:02 am | AGM/EGM AGM | 33Rd AGM Notice To Be Held On 30.09.2026 At 12.00 Noon Through VCOM |
| 25 Aug 2026, 1:38 pm | Company Update General | Intimation Of Schedule Of Analyst / Institutional Investor Meetings Under The SEBI (Listing Obligations And Disclosure Requirements), Regulations 2015. |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 452 | 297 | 76 | — | — | 0 | 0 | 137 | 745 | 849 | 1,180 | |
| COGS | -401 | -208 | -68 | — | — | 0 | 0 | 109 | 599 | 692 | 934 |
| Gross profit | — | — | — | — | — | — | — | 28 | 146 | 157 | 246 |
| 1,004 | 525 | 160 | — | — | 0 | 2 | 26 | 119 | 127 | 182 | |
| -152 | -20 | -16 | — | — | -0 | -2 | 2 | 27 | 30 | 64 | |
| OPM % | -33.6% | -6.8% | -21.2% | — | — | — | -3,933.3% | 1.3% | 3.7% | 3.5% | 5.4% |
| Depreciation | 48 | 46 | 37 | 37 | 36 | 36 | 28 | 13 | 11 | 12 | 18 |
| Interest | 89 | 2 | 0 | 0 | — | 0 | 0 | 1 | 11 | 14 | 18 |
| 2 | 2 | 0 | 0 | — | 1 | 671 | 0 | 5 | 5 | 5 | |
| Profit before tax | -287 | -66 | -53 | -48 | -34 | -35 | 641 | -13 | 10 | 8 | 32 |
| Tax | 0 | — | — | — | — | 0 | 0 | -0 | 6 | -6 | -2 |
| Tax % | 0% | — | — | — | — | 0% | 0% | -1.3% | 59.3% | -67.1% | -5.2% |
| -287 | -66 | -53 | -48 | -34 | -35 | 641 | -12 | 4 | 14 | 34 | |
| PAT margin % | -63.5% | -22.3% | -69.2% | — | — | — | — | -9% | 0.5% | 1.6% | 2.9% |
| EPS (₹) | -8.3 | -1.9 | -1.5 | -1.4 | -1 | -1 | 2,807.3 | -0.2 | 0.1 | 0.5 | 0.6 |
| EPS adjusted (₹) | -5.9 | -1.4 | — | — | -1 | -1 | 2,786 | -0.2 | 0.1 | 0.3 | 0.6 |
| Annual report | Annual report for Mar 2016 | Annual report for Mar 2017 | Annual report for Mar 2018 | Annual report for Mar 2019 | Annual report for Mar 2020 | Annual report for Mar 2021 | Annual report for Mar 2022 | Annual report for Mar 2023 | Annual report for Mar 2024 | Annual report for Mar 2025 | — |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 49 | 49 | 35 | 35 | 0 | 81 | 56 | 56 | 56 |
| Reserves | -404 | -471 | — | -640 | 100 | 24 | 53 | 67 | 101 |
| 473 | 375 | — | 709 | 0 | 125 | 80 | 237 | 222 | |
| 318 | 389 | — | 52 | 2 | 82 | 233 | 140 | 219 | |
| Total equity & liabilities | 436 | 342 | — | 155 | 102 | 311 | 421 | 500 | 598 |
| 320 | 274 | 161 | 126 | 89 | 138 | 219 | 212 | 342 | |
| CWIP | — | — | — | 0 | 6 | 8 | 3 | 101 | 1 |
| Investments | 0 | 0 | — | 0 | 0 | 0 | 0 | 0 | 25 |
| 116 | 68 | — | 30 | 8 | 165 | 199 | 186 | 230 | |
| Total assets | 436 | 342 | — | 155 | 102 | 311 | 421 | 500 | 598 |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| -4 | 7 | 0 | -5 | -75 | 79 | 37 | 119 | |
| 22 | 0 | 0 | -6 | -65 | -111 | -83 | -83 | |
| -17 | -6 | 0 | 11 | 140 | 39 | 47 | -32 | |
| Net cash flow | 0 | 1 | 0 | 0 | 0 | 7 | 1 | 4 |
| Free cash flow | -5 | 7 | 0 | -11 | -140 | -14 | -69 | 71 |
| CFO / Operating profit % | — | — | — | — | — | 288.5% | 124.7% | 186.9% |