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    Engineering & construction
R J Shah & Co Ltd

R J Shah & Co Ltd

BBSE:RJSHAH
470.00
INR
-20.00
(-4.08%)
86.26EPS
5.67P/E
136.81MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
116.56
92.64
29.03
518.96
- -
157.09
557.54
- -
- -
9.73
- -
373.45
9.68
9.67
Basic EPS, GAAP
16.44
16.61
3.49
164.63
13.4
98.72
224.08
18.63
19.47
20.66
133.39
205.44
85.94
86.26
Free Cash Flow per Basic Share
- -
- -
-20.27
283.98
- -
59.46
351.15
-56.8
-72.08
-48.74
-166.03
-65.54
-59.93
- -
Dividend per Share
- -
- -
1.45
1.02
- -
1.81
6.03
10
2.5
2.5
2.5
2.5
2.5
- -
Book Value per Share
- -
583.56
585.42
737.26
772.45
868.72
1,086.14
1,094.14
1,110.49
1,128.01
1,258.27
1,459.16
1,541.98
- -
Tangible Book Value per Share
- -
583.56
585.42
737.26
772.45
868.72
1,086.14
1,094.14
1,110.49
1,128.01
1,258.27
1,459.16
1,541.98
- -
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
33
26
8
145
- -
44
156
- -
- -
3
- -
105
3
3
Operating Margin (%)
25.26
31.75
-49.28
40.29
- -
64.34
39.68
- -
- -
-293.32
- -
58.88
537.49
383.32
Depreciation Expense
1
2
2
1
1
1
1
1
1
1
1
1
1
1
Net Income, GAAP
5
5
1
46
4
28
63
5
5
6
37
58
24
24
Effective Tax Rate (%)
32.42
31.98
29.98
33.17
24.95
28.02
25.45
26.57
28.94
27.09
15.88
25.35
25.63
25.59
Profit Margin (%)
14.1
17.93
12.02
31.72
- -
62.84
40.19
- -
- -
212.41
- -
55.01
888.3
892.1
Working Capital
- -
145
145
167
196
225
294
-5
-4
1
28
77
21
- -
LT Debt
- -
3
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
- -
163
164
207
216
243
304
306
311
316
352
409
432
- -
Return on Invested Capital (%)
- -
- -
0.43
22.86
-2.02
8.18
16.23
-2.7
-2.27
-1.63
6.74
11.51
2.22
- -
Return on Capital (%)
- -
- -
1.08
23.77
2.14
11.82
22.29
1.95
2
2.08
11.11
14.9
5.8
- -
Return on Common Equity (%)
- -
- -
0.6
24.89
1.78
12.03
22.93
1.71
1.77
1.85
11.18
15.12
5.73
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
12
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
- -
- -
Market Capitalization
148
141
137

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
48
- -
Cash, Cash Equivalents & STI
- -
9
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
30
- -
Total Current Liabilities
- -
27
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
12
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.52%
7.25%
5.68%
Free Cash Flow
- -
33.21%
-8.56%
Net Income, GAAP
574.96%
110.44%
-58.17%
Sales/Revenue/Turnover
- -
- -
-97.41%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
105
105
2026
- -
- -
- -
3
3
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
4.2
5.63
3.9
191.71
205.44
2026
6.3
0.26
7.92
71.46
85.94
2027
6.67
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
2.5
2026
- -
- -
- -
- -
2.5
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Kalindi Rajendra Shah
Full Time Employees
13
Sector
Industrial services
Industry
Engineering & construction
Address
Mahul Road Mumbai MH India 400037
IPO Date
Sep 1, 2005
Website
rjshahandco.com
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Business
R.J. Shah & Co. Ltd. (RJSHAH.BO) engages in civil engineering construction, specializing in tunnels and civil works for hydroelectric projects, railways, irrigation projects, and atomic energy facilities primarily in India. Incorporated in 1957 and headquartered in Mumbai, Maharashtra, the company executes engineering, procurement, and construction (EPC) contracts or civil works with hydro-mechanical packages for small- and medium-sized hydroelectric projects; it undertakes underground works including tunnels, cavern shafts, and inclined tunnels for government departments, semi-government entities, electricity boards, railways, atomic power stations, and irrigation authorities. The company maintains a near debt-free balance sheet with operations focused on challenging terrains and contributes to over 800 MW of hydroelectric power generation historically, employing 13 staff as of recent reports. Recent developments include a strong fiscal 2025 performance with revenue of INR 10.5 crore and profit of INR 5.67 crore, alongside routine corporate governance actions such as the annual general meeting outcome in September 2025 and compliance filings under SEBI regulations; working capital days expanded to 262 amid high debtor days of 358, while ROCE reached 19.98% and ROE stood at 15.1%.