Rajputana Biodiesel SME IPO: All You Need to Know
About Rajputana Biodiesel
Founded in 2016 and headquartered in Jaipur, Rajasthan, Rajputana Biodiesel Limited is a leading player in India’s biofuel industry. The company specializes in producing biofuels and their by-products, including glycerine and fatty acids. Rajputana Biodiesel is committed to reducing carbon emissions and supporting energy security, aligning perfectly with the global push for renewable energy solutions.
Financial Highlights
Understanding a company’s financial health is crucial before investing in its IPO. Here are the key financial metrics for Q2 FY2024:
- Revenue Growth: The company achieved ₹15.5 crore in revenue, marking an 18% increase from ₹13.1 crore in Q2 FY2023.
- Net Profit: Rajputana Biodiesel reported a net profit of ₹2.2 crore, a significant 46% jump from ₹1.5 crore in the previous year.
- Total Assets: As of September 2024, the company’s total assets stood at ₹75 crore, reflecting robust growth due to expansions.
- Equity: Shareholder equity reached ₹30 crore, providing a strong base for future development.
Key Financial Ratios
- Net Profit Margin: A solid 14.2%, highlighting efficient operations.
- Return on Equity (ROE): At 7.3%, this indicates effective utilization of equity to generate returns.
IPO Proceeds: The funds raised will be used to enhance manufacturing capacity, meet working capital needs, and support general corporate objectives, positioning the company for long-term growth.
Why Rajputana Biodiesel Is Positioned for Growth
The biofuel sector is thriving, driven by the global focus on renewable energy. India’s government initiatives to promote clean energy and reduce dependency on fossil fuels create an excellent growth environment for Rajputana Biodiesel.
The company plans to expand its manufacturing facilities and adopt cutting-edge technologies to stay ahead in the competitive market. With a strong focus on sustainability and innovation, Rajputana Biodiesel is set to capture a larger share of the biofuel market in the coming years.