About
R. J. Shah & Company Limited engages in construction of small and medium size hydroelectric project with EPC contract or civil work with hydro mechanical works in India. The company is primarily involved in the underground works of tunnels, cavern shafts, inclined tunnels with government and semi governments or various electricity boards, railways, atomic power stations, irrigation, etc. and work receipts. R. J. Shah & Company Limited was incorporated in 1957 and is based in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap14 Cr
P/E5.67
Div Yield0.51 %
Book Value₹1,542.00
52w High₹660.00
52w Low₹432.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.00 | 0.27 | 0.00 | 0.00 | 0.00 | 10.46 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Expenses | 0.39 | -1.90 | 0.15 | 0.51 | 0.36 | 3.64 | 0.24 | 0.17 | 0.30 | -0.20 | 0.35 | 0.27 | 0.31 |
| Operating Profit | -0.39 | 2.17 | -0.15 | -0.51 | -0.36 | 6.82 | -0.24 | -0.17 | -0.30 | 0.20 | -0.35 | -0.27 | -0.31 |
| OPM % | — | 803.70 | — | — | — | 65.20 | — | — | — | — | — | — | — |
| Other Income | 0.69 | 0.55 | 0.51 | 0.60 | 0.64 | 0.42 | 0.44 | 0.42 | 0.51 | 3.77 | 0.56 | 0.54 | 0.49 |
| Depreciation | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.03 | 0.01 |
| Interest | 0.03 | 0.03 | 0.03 | 0.04 | 0.03 | 0.03 | 0.04 | 0.03 | 0.03 | 0.04 | 0.03 | 0.06 | 0.00 |
| Profit before tax | 0.24 | 2.66 | 0.31 | 0.03 | 0.23 | 7.19 | 0.14 | 0.20 | 0.16 | 3.92 | 0.17 | 0.18 | 0.17 |
| Tax % | 25.00 | 24.81 | 25.81 | 66.67 | 26.09 | 25.45 | 28.57 | 25.00 | 25.00 | 14.29 | 29.41 | 22.22 | 29.41 |
| Net Profit | 0.19 | 2.00 | 0.22 | 0.01 | 0.18 | 5.37 | 0.11 | 0.16 | 0.12 | 3.37 | 0.12 | 0.14 | 0.11 |
| EPS in Rs | 6.78 | 71.40 | 7.85 | 0.36 | 6.43 | 191.72 | 3.93 | 5.71 | 4.28 | 120.31 | 4.28 | 5.00 | 3.93 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.27 | 10.46 | 0.00 | 0.27 | 0.00 | 0.00 | 15.62 | 4.40 | 0.00 | 14.54 | 0.81 | 2.60 |
| Expenses | -0.89 | 4.33 | 0.72 | 1.01 | 1.00 | 1.09 | 9.36 | 1.53 | 0.47 | 8.54 | 1.03 | 2.17 |
| Operating Profit | 1.16 | 6.13 | -0.72 | -0.74 | -1.00 | -1.09 | 6.26 | 2.87 | -0.47 | 6.00 | -0.22 | 0.43 |
| OPM % | 429.63 | 58.60 | — | -274.07 | — | — | 40.08 | 65.23 | — | 41.27 | -27.16 | 16.54 |
| Other Income | 2.30 | 1.79 | 5.36 | 1.75 | 1.98 | 2.01 | 2.37 | 1.23 | 1.24 | 1.18 | 0.68 | 0.64 |
| Interest | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 |
| Depreciation | 0.08 | 0.07 | 0.06 | 0.07 | 0.07 | 0.07 | 0.08 | 0.11 | 0.13 | 0.14 | 0.18 | 0.24 |
| Profit before tax | 3.24 | 7.71 | 4.44 | 0.80 | 0.77 | 0.71 | 8.41 | 3.85 | 0.50 | 6.90 | 0.14 | 0.69 |
| Tax % | 25.62 | 25.29 | 15.99 | 26.25 | 28.57 | 26.76 | 25.45 | 28.05 | 24.00 | 33.19 | 28.57 | 31.88 |
| Net Profit | 2.41 | 5.75 | 3.74 | 0.58 | 0.55 | 0.52 | 6.28 | 2.77 | 0.38 | 4.61 | 0.10 | 0.47 |
| EPS in Rs | 86.04 | 205.28 | 133.52 | 20.71 | 19.64 | 18.56 | 224.21 | 98.89 | 13.57 | 164.58 | 3.57 | 16.78 |
| Dividend Payout % | 2.90 | 1.22 | 1.87 | 12.07 | 12.73 | 13.46 | 4.46 | 5.05 | 11.05 | 6.07 | 28.00 | 8.94 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 |
| Reserves | 42.91 | 40.59 | 34.96 | 31.32 | 30.82 | 30.37 | 30.14 | 24.05 | 21.36 | 21.34 | 16.12 | 16.07 |
| Borrowings | 1.23 | 1.23 | 1.23 | 1.23 | 1.23 | 1.23 | 1.23 | 1.23 | 1.23 | 1.23 | 1.23 | 1.23 |
| Other Liabilities | 1.49 | 2.66 | 5.08 | 0.25 | 0.21 | 0.31 | 0.59 | 1.12 | 1.39 | 1.31 | 1.87 | 2.18 |
| Total Liabilities | 45.91 | 44.76 | 41.55 | 33.08 | 32.54 | 32.19 | 32.24 | 26.68 | 24.26 | 24.16 | 19.50 | 19.76 |
| Fixed Assets | 0.97 | 0.73 | 0.78 | 0.97 | 0.77 | 0.84 | 0.92 | 1.07 | 1.21 | 1.35 | 0.88 | 1.09 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.50 | 0.50 | 0.50 | 0.00 | 0.00 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 |
| Other Assets | 44.44 | 43.53 | 40.27 | 32.11 | 31.77 | 31.33 | 31.30 | 25.59 | 23.03 | 22.79 | 18.59 | 18.65 |
| Total Assets | 45.91 | 44.76 | 41.55 | 33.08 | 32.54 | 32.19 | 32.24 | 26.68 | 24.26 | 24.16 | 19.50 | 19.76 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -1.34 | -5.83 | -4.63 | -1.06 | -1.97 | -1.58 | 9.85 | 1.67 | -0.90 | 8.10 | -0.57 | -0.65 |
| Cash from Investing Activity | 1.96 | 1.76 | 4.89 | 1.41 | 1.98 | 2.00 | 2.39 | 1.19 | 1.23 | 0.99 | 0.67 | 0.65 |
| Cash from Financing Activity | -0.21 | -0.21 | -0.21 | -0.21 | -0.21 | -0.42 | -0.30 | -0.19 | -0.34 | -0.16 | -0.04 | -0.04 |
| Net Cash Flow | 0.41 | -4.28 | 0.05 | 0.15 | -0.19 | 0.01 | 11.93 | 2.67 | -0.01 | 8.92 | 0.06 | -0.05 |
| Free Cash Flow | -1.68 | -5.86 | -0.96 | -1.27 | -1.92 | -1.59 | 9.95 | 1.67 | -0.90 | 8.09 | -0.54 | -0.64 |
| CFO/OP % | -37.00 | -62.00 | 546.00 | 109.00 | 187.00 | 123.00 | 192.00 | 102.00 | 160.00 | 173.00 | 259.00 | -151.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 358.02 | — | 0.00 | — | — | 0.00 | 0.00 | — | 0.00 | 1,996.23 | 685.08 |
| Inventory Days | — | 0.00 | — | — | — | — | 21.90 | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | 0.66 | — | — | — | — | — |
| Cash Conversion Cycle | 0.00 | 358.02 | — | 0.00 | — | — | 21.24 | 0.00 | — | 0.00 | 1,996.23 | 685.08 |
| Working Capital Days | 2,135.93 | 262.41 | — | -337.96 | — | — | -26.41 | 320.20 | — | 75.31 | 3,158.83 | 986.90 |
| ROCE % | 7.81 | 19.98 | 2.97 | 2.61 | 2.68 | 2.68 | 29.75 | 16.48 | 2.80 | 34.78 | 1.53 | 4.77 |
Corporate Actions
24 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 12 Sep 2025 | 12 Sep 2025 | — | 2.50 | |
| Dividend | 23 Aug 2024 | — | — | 2.50 | |
| Dividend | 24 Jul 2023 | — | — | 2.50 | |
| Dividend | 08 Aug 2022 | — | — | 2.50 | |
| Dividend | 08 Sep 2021 | — | — | 2.50 | |
| Dividend | 18 Sep 2020 | — | — | 10.00 | |
| Dividend | 19 Sep 2019 | — | — | 5.00 | |
| Dividend | 03 Sep 2018 | — | — | 1.50 | |
| Dividend | 05 Sep 2017 | — | — | 10.00 | |
| Dividend | 08 Sep 2016 | — | — | 1.00 | |
| Dividend | 07 Sep 2015 | — | — | 1.50 | |
| Dividend | 05 Sep 2014 | — | — | 1.50 | |
| Dividend | 05 Sep 2013 | — | — | 1.50 | |
| Dividend | 07 Sep 2012 | — | — | 1.50 | |
| Dividend | 08 Sep 2011 | — | — | 10.00 | |
| Dividend | 08 Sep 2010 | — | — | 1.50 | |
| Dividend | 10 Sep 2009 | — | — | 2.50 | |
| Dividend | 04 Sep 2008 | — | — | 2.50 | |
| Dividend | 06 Sep 2007 | — | — | 2.50 | |
| Dividend | 06 Sep 2006 | — | — | 5.00 | |
| Dividend | 08 Sep 2005 | — | — | 5.00 | |
| Dividend | 09 Sep 2004 | — | — | 5.00 | |
| Dividend | 02 Sep 2003 | — | — | 2.50 | |
| Dividend | 02 Sep 2002 | — | — | 2.50 |