Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · RAJKAMAL SYNTHETICS LTD. · 28 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
A small BSE-listed entity classified under textiles that has, during FY26, restructured itself into a holding company with three recently acquired subsidiaries. It now consolidates Eliraluxe Skincare Pvt Ltd (100% stake, skincare), RKR Mines & Minerals Pvt Ltd (100% stake, mining — which itself picked up a 30% stake in Uttam Stone Mineral), and Indoframe Industries Pvt Ltd (51% stake, Jaipur-based manufacturer and fabricator of iron and steel structures). The standalone business continues to be reported as a single segment, and consolidated FY26 total income was Rs. 572.47 lakhs versus Rs. 206.66 lakhs in FY25, a 177% jump driven by the new subsidiaries. Consolidated FY26 net profit after tax was Rs. 27.61 lakhs versus Rs. 22.04 lakhs in FY25, on a consolidated revenue base of Rs. 10.99 crore. The company reports an EBITDA margin of 4.08% on FY26 revenue. Costs are light — employees at 1.9% of revenue and other operating expenses at 3.1% — with depreciation at 0.7% and no capex reported in the period. Reserves on a standalone basis remain deeply negative at Rs. (556.51) lakhs, reflecting accumulated historical losses, and cash and equivalents fell sharply from Rs. 7.75 crore to Rs. 1.28 crore on a standalone basis during FY26. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Skincare (Eliraluxe Skincare, wholly-owned subsidiary), Mining and minerals (RKR Mines & Minerals, wholly-owned subsidiary), Iron and steel structures (Indoframe Industries, 51% subsidiary), Existing standalone operations (single reported segment). Small, recently restructured holding company transitioning out of textiles into skincare, mining and steel fabrication via subsidiaries.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY26–FY26 (all audited; no estimate years)
₹ crore · consolidated
FY26
Revenue
11
EBITDA (ex other income)
0
margin %
3.0
Owners' profit
0
EPS, as reported (₹)
0.42
ROE % · ROCE %
1.9 · 2.6
Debt / equity (x)
0.02
Cash from operations
(4)
Capex
0
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · RAJKAMAL SYNTHETICS LTD. · 28 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 4 quarters
₹ crore
Q1 FY26
Q2 FY26
Q3 FY26
Q4 FY26
Revenue
1
2
3
5
Profit before tax
0
0
0
0
Net profit
0
0
0
0
EPS (₹)
0.12
0.15
0.11
0.06
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Peers — basic industry group, by market cap
Company
M.cap ₹ cr
P/E
P/B
EV/EBITDA
ROE %
ROCE %
Rev CAGR 5y %
EBITDA m. %
KPR MILL LTD.
35,410
38.8
6.21
25.6
15.2
19.3
13.5
21.2
WELSPUN LIVING LIMITED
20,311
73.9
4.08
26.1
4.3
4.0
5.1
12.7
VARDHMAN TEXTILES LIMITED
14,333
16.6
1.35
11.0
7.1
7.4
10.0
20.4
TRIDENT LIMITED
11,018
27.7
2.31
13.5
7.9
8.6
8.1
17.7
INDO COUNT INDUSTRIES LTD
8,338
55.3
3.54
20.1
5.4
5.4
10.5
13.3
GARWARE TECH FIBRES LTD
7,621
36.8
5.63
23.8
14.7
18.7
8.1
20.5
FILATEX INDIA LTD
4,197
22.0
2.79
11.5
12.2
13.8
—
7.6
SANATHAN TEXTILES LIMITED
4,161
68.6
2.22
18.6
4.1
3.5
—
8.4
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 4: Where the company sits in its group
Metric
Company
Group median
Rank
Better than
P/E (TTM)
45.1
16.5
142 of 179
21%
P/B
0.9
1.1
71 of 185
61%
ROCE
2.6
4.3
126 of 215
42%
ROE
1.9
4.7
120 of 188
36%
Debt / Equity
0.0
0.4
35 of 188
82%
EBITDA margin
1.8
9.8
163 of 198
18%
Market cap
13
59
189 of 223
15%
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · RAJKAMAL SYNTHETICS LTD. · 28 October 2026Page 3 of 3
Exhibit 5: Filings of the last 90 days, with the measured price reaction
Date · filing
Category
Importance
Next day %
5-day %
26 Oct 2026 · Board reconstitutes key committees after new director appointments
management changes
medium
—
—
26 Oct 2026 · Board to approve September 2026 quarterly and half-year results
28 Sept 2026 · Rajkamal Synthetics appoints Mumal Kanwar as new CFO and KMP
management changes
high
—
—
Source: exchange announcements; each reaction is measured from the close before the filing. Next day = the close one session after the reaction day (the first session that could trade the filing).
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The current price and the multiples against the group
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Estimate years marked E
More audited years; no estimates
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Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
