BSE: 537840
RAUNAQ INTERNATIONAL LIMITED
Operates an engineering contracting business, a construction business and a trading of goods business, all focused on industrial supply and installation work. The engineering contracting business takes on supply, erection, testing and commissioning jobs for industrial clients, including two Letters of Award from Ambuja Cements worth Rs 18.10 crore (Rs 10.85 crore plus Rs 7.25 crore) for raw water pipelines and associated equipment at the Ambuja Cements Maratha facility in Chandrapur, Maharashtra, to be completed within 10 months from May 11, 2026. A trading of alloy steel for auto components stream is cited as a separate revenue line, and a related party transaction with group company Bharat Gears Limited of up to Rs 10 crore was approved at the 61st AGM. Per filed results, the company also describes a Construction Business and an Engineering Capital Goods Business alongside the trading line. For FY26, total revenue was Rs 36.05 crore against total assets of Rs 25.06 crore, with an EBITDA margin of 1.756%. Materials dominate the cost structure at 76.7% of revenue, followed by other operating expenses at 22.0% and employee costs at 5.1%. The company is headquartered in Faridabad, Haryana, and is listed on BSE. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Engineering Contracting Business, Trading of alloy steel for auto components, Construction Business, Engineering Capital Goods Business. Small-scale, project-driven industrial contracting and trading
Exhibit 1: Financial summary, FY19–FY23 (all audited; no estimate years)
| ₹ crore · consolidated | FY19 | FY20 | FY21 | FY22 | FY23 |
|---|---|---|---|---|---|
| Revenue | 93 | 62 | 10 | 7 | 6 |
| EBITDA (ex other income) | (5) | (17) | (3) | (5) | (4) |
| margin % | (5.7) | (27.0) | (30.8) | (79.7) | (73.8) |
| Owners' profit | (4) | 0 | 0 | 0 | (2) |
| EPS, as reported (₹) | (13.80) | (65.14) | 0.15 | (9.91) | (7.12) |
| ROE % · ROCE % | (12.6) · (1.9) | (144.6) · (51.4) | 0.4 · 7.5 | (28.2) · (18.7) | (31.5) · (31.2) |
| Debt / equity (x) | 0.36 | 1.19 | 0.39 | 0.23 | 0.03 |
| Cash from operations | — | — | 1 | (1) | 1 |
| Capex | — | — | (0) | 0 | 0 |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q1 FY22 | Q2 FY22 | Q3 FY22 | Q4 FY22 | Q1 FY23 | Q2 FY23 | Q3 FY23 | Q4 FY23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 0 | 1 | 4 | 2 | 1 | 1 | 1 |
| Profit before tax | (1) | (0) | (1) | (2) | (1) | 2 | (1) | (3) |
| Net profit | (0) | 0 | (1) | (2) | (0) | 1 | (1) | (3) |
| EPS (₹) | (0.24) | (0.45) | (2.21) | (5.48) | (0.62) | 3.51 | (1.77) | (9.22) |
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. % |
|---|---|---|---|---|---|---|---|---|
| LARSEN & TOUBRO LTD. | 5,32,707 | 29.8 | 4.00 | 21.9 | 8.2 | 6.5 | 16.0 | 8.7 |
| RAIL VIKAS NIGAM LIMITED | 37,462 | 41.7 | 3.82 | 54.4 | 8.9 | 7.5 | 5.8 | 4.3 |
| KALPATARU PROJECT INT LTD | 22,718 | 20.0 | 2.94 | 10.9 | 13.3 | 15.0 | 16.0 | 8.8 |
| CEMINDIA PROJECTS LIMITED | 21,746 | 36.1 | 9.06 | 21.7 | 24.9 | 31.7 | 29.8 | 10.1 |
| IRB INFRA DEV LTD. | 19,023 | 14.6 | 0.91 | 9.7 | 4.1 | 2.5 | 7.6 | 53.9 |
| NBCC (INDIA) LIMITED | 18,808 | 25.4 | 5.85 | 24.8 | 23.1 | 29.7 | 13.5 | 6.9 |
| ENGINEERS INDIA LTD | 14,152 | 15.8 | 4.24 | 20.2 | 10.6 | 10.9 | 4.6 | 21.0 |
| TECHNO ELEC & ENG CO. LTD | 9,676 | 22.4 | 2.33 | 21.0 | 11.4 | 12.4 | 29.6 | 15.8 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| ROCE | (35.4) | 9.8 | 107 of 107 | 0% |
| ROE | (31.5) | 9.0 | 87 of 87 | 0% |
| Debt / Equity | 0.0 | 0.4 | 15 of 87 | 84% |
| EBITDA margin | (270.1) | 9.4 | 102 of 106 | 4% |
| Revenue growth | (74.2) | 5.0 | 83 of 86 | 4% |
| Profit growth | (68.3) | 2.7 | 68 of 84 | 19% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 16 Oct 2026 · Board meeting on Nov 13 to consider Q2 FY27 results | results | low | — | — |
| 14 Oct 2026 · Compliance certificate for dematerialisation of shares for Q2 FY27 | compliance | minimal | — | — |
| 17 Aug 2026 · Q1 FY27 Unaudited Results Published in Newspapers | compliance | minimal | — | — |
| 14 Aug 2026 · Board approves Q1 FY27 unaudited results with limited review report | results | high | — | — |
| 4 Aug 2026 · AGM 2026 voting results: all 4 resolutions approved unanimously | board shareholder meetings | low | — | — |
| 31 Jul 2026 · AGM approves director re-appointment and new secretarial auditor | management changes | medium | — | — |
| 31 Jul 2026 · 61st AGM held via video conference; 4 resolutions tabled including related party deal | board shareholder meetings | medium | — | — |
| 31 Jul 2026 · Chairman and MD passport revocation appeal dismissed by MEA | regulatory legal | high | — | — |
| 22 Jul 2026 · Board Meeting on Aug 14, 2026 to consider Q1 FY27 financial results | results | low | — | — |
| 15 Jul 2026 · RTA confirms dematerialisation compliance for quarter ended June 2026 | compliance | minimal | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
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.