Rajesh Exports Q1 FY26: Profit Falls, Margins Collapse, Retail Push Ahead

$RAJESHEXPO 📌 Rajesh Exports Q1 FY26 Results Net Profit: ₹124M vs ₹176M (YoY -30%) Revenue: ₹13.2B vs ₹14.3B (YoY -8%) EBITDA: ₹65M vs ₹500M (YoY -87%) EBITDA Margin: 0.5% vs 3.51% (YoY) 📊 Fundamentals & Ratios Debt-to-Equity: ~0.6 P/E Ratio: ~15–17 ROE: ~7–8% Dividend Yield: ~0.4% 💎 Projects Gold refining & exports Retail jewelry expansion Global distribution network Premium design innovation Diversification into value-added products ⚠️ Risks Margin compression Demand cyclicality Competitive intensity