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GOOD EVNG FRIENDS, I HAD GONE TO PUNE FOR 4 DAYS

Some key observations:

The company is engaged only in manufacture of extrusion machines.They do not make blow molding or injection molding machines.

Management has set itself an ambitious target of Rs 300/500 crs turnover in next 3/5 years.The current turnover is around Rs 117 crs.

The company has set up a joint venture company with Bausano where it holds 49% and the balance 51% by the Bausano and Figli ,Italy .Rajoo Engineers is expected to supply 30/40% of the components required by this company.The management expects a good growth by this joint venture.One can read more about this company in the press release by Rajoo engineers.

Rajoo Engineers is in the process of acquiring 48 acres of land (already identified) close to Rajkot area as it has expansion and modernization plans.

Financial ratios and other key parameter have already been shared by members in the thread.I see some improvement in operating margins in times to come.margins.

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