Close
x
  • SMC open account icon Open an A/C
    • Open an A/C
    • CHOOSE YOUR OPTION(S)
    • Trading A/c
    • Mutual Fund A/c
    • NBFC A/c
    • NPS A/c
  • SENSEX Nov 26 2021 12:00
    57,107.15 -1,687.94 (-2.87%)
  • NIFTY Nov 26 2021 12:00
    17,026.45 -509.80 (-2.91%)
  • SENSEX Nov 26 2021 12:00
    57,107.15 -1,687.94 (-2.87%)
  • NIFTY Nov 26 2021 12:00
    17,026.45 -509.80 (-2.91%)
  • Nasdaq Nov 27 2021 04:30
    15,491.66 -353.57 (-2.23%)
  • DJIA Nov 27 2021 04:30
    34,899.34 -905.04 (-2.53%)
  • S&P 500 Nov 27 2021 04:30
    4,594.62 -106.84 (-2.27%)
  • Hang Seng Nov 26 2021 02:10
    24,080.52 -659.64 (-2.67%)
  • Crude Oil Nov 26 2021 11:54
    5,161.00 -676.00 (-11.58%)
  • Gold Nov 26 2021 11:54
    47,640.00 +219.00 ( +0.46%)
  • Silver Nov 26 2021 11:54
    62,119.00 -1,031.00 (-1.63%)
  • Copper Nov 26 2021 11:17
    728.00 -15.35 (-2.06%)
  • Pound / Rupee Dec 23 2016 22:30
    99.19 -0.17 (-0.17%)
  • Dollar / Rupee Dec 23 2016 22:30
    74.42 +0.01 ( +0.01%)
  • Euro / Rupee Dec 23 2016 22:30
    83.45 -0.02 (-0.02%)
  • Yen / Rupee Dec 23 2016 22:30
    0.65 0.00 (-0.13%)

BSE Code : | NSE Symbol : | ISIN:| SECTOR : |

NSE BSE
 

Volume 280564

Prev. Close

Open Price

Bid Price (QTY)

Offer Price (QTY)

 

Today’s High/Low -

52 wk High/Low -

Key Stats

MARKET CAP (RS CR) 11.64
P/E 19.31
BOOK VALUE (RS) 1098.1091574
DIV (%) 25
MARKET LOT 50
EPS (TTM) 21.52
PRICE/BOOK 0.378423217036001
DIV YIELD.(%) 0.6
FACE VALUE (RS) 10
DELIVERABLES (%)
4

News & Announcements

12-Nov-2021

R J Shah & Company standalone net profit rises 150.00% in the September 2021 quarter

03-Nov-2021

RJ Shah & Company to convene board meeting

30-Aug-2021

RJ Shah & Company AGM scheduled

12-Aug-2021

R J Shah & Company standalone net profit declines 6.67% in the June 2021 quarter

03-Nov-2021

RJ Shah & Company to convene board meeting

30-Aug-2021

RJ Shah & Company AGM scheduled

31-Jul-2021

RJ Shah & Company to conduct board meeting

30-Jun-2021

Board of RJ Shah & Company recommends Final Dividend

Corporate Actions

Bonus
Splits
Dividends
Rights
Capital Structure
Book Closure
Board Meeting
AGM
EGM
 

Financials

Income Statement

Standalone
Consolidated
 

Peers Comparsion

Select Company Name BSE Code NSE Symbol
Accord Synergy Ltd 538435 ACCORD
AJR Infra & Tolling Ltd 532959 AJRINFRA
ANI Integrated Services Ltd 535028 AISL
Artefact Projects Ltd 531297
Artson Engineering Ltd 522134 ARTSONENGG
Ashoka Buildcon Ltd 533271 ASHOKA
Atlanta Ltd 532759 ATLANTA
ATV Projects India Ltd 500028 ATVPROJ
BCPL Railway Infrastructure Ltd 542057
BGR Energy Systems Ltd 532930 BGRENERGY
Engineers India Ltd 532178 ENGINERSIN
GE Power India Ltd 532309 GEPIL
GMR Infrastructure Ltd 532754 GMRINFRA
GVK Power & Infrastructure Ltd 532708 GVKPIL
HFCL Ltd 500183 HFCL
Hindustan Dorr-Oliver Ltd 509627 HINDDORROL
IEC Fabchem Ltd 40451
IL&FS Transportation Networks Ltd 533177 IL&FSTRANS
Jaihind Projects Ltd 531339 JAIHINDPRO
Larsen & Toubro Ltd 500510 LT
McNally Bharat Engineering Company Ltd 532629 MBECL
MSR India Ltd 508922
Mukand Engineers Ltd 532097 MUKANDENGG
Oriental Civil Engineering Co Ltd 40114
Petron Engineering Construction Ltd 530381 PETRONENGG
Power & Instrumentation (Gujarat) Ltd 535073 PIGL
Power Mech Projects Ltd 539302 POWERMECH
Ranjeet Mechatronics Ltd 541945
Raunaq EPC International Ltd 537840
Reliance Industrial Infrastructure Ltd 523445 RIIL
Reliance Infrastructure Ltd 500390 RELINFRA
Rites Ltd 541556 RITES
Sancia Global Infraprojects Ltd 532836
Sanghvi Movers Ltd 530073 SANGHVIMOV
Servoteach Industries Ltd 531944
Shriniwas Power & Infrastructure Ltd 531261
Shriram EPC Ltd 532945 SHRIRAMEPC
Sterling & Wilson Solar Ltd 542760 SWSOLAR
Sunil Hitech Engineers Ltd 532711 SUNILHITEC
Supreme Infrastructure India Ltd 532904 SUPREMEINF
Tarang Projects & Consultant Ltd 538287
Tarini International Ltd 538496
Techno Electric & Engineering Company Ltd 542141 TECHNOE
Technofab Engineering Ltd 533216 TECHNOFAB
Transwind Infrastructures Ltd 538438 TRANSWIND
UBE Industries Ltd 523868 WELDFLUX
VKS Projects Ltd 534567 VKSPL
Western India Industries Ltd (Wound-up) 512387 WESTINDIA
Zodiac Energy Ltd 535032 ZODIAC

Share Holding

Category No. of shares Percentage
Total Foreign 0 0.00
Total Institutions 5000 1.79
Total Govt Holding 0 0.00
Total Non Promoter Corporate Holding 24850 8.87
Total Promoters 147100 52.52
Total Public & others 103150 36.83
Total 280100 100
  • Total Foreign
  • Total Institutions
  • Total Govt Holding
  • Total Non Promoter Corporate Holding
  • Total Promoters
  • Total Public & others

About R J Shah & Company Ltd

R.J. Shah & Company Limited engaged in the engineering and construction business in India. It involves in the civil engineering construction of various projects. The company is based in Mumbai, India. The company was incorporated in the year 1957 and was promoted by R J Shah.

R J Shah & Company Ltd Chairman Speech

R J Shah & Company Ltd Company History

R.J. Shah & Company Limited engaged in the engineering and construction business in India. It involves in the civil engineering construction of various projects. The company is based in Mumbai, India. The company was incorporated in the year 1957 and was promoted by R J Shah.

R J Shah & Company Ltd Directors Reports

To,

The Members, R. J. Shah & Co. Ltd.

The Directors have pleasure in submitting their 62ND ANNUAL REPORT along with the Audited Balance Sheet and Profit & Loss Account for the year ended 31st March, 2020.

FINANCIAL RESULTS

Current Year ended 31.03.2020 Previous Year ended 31.03.2019
(Rs.) (Rs.)
Income
Revenue from operations 15,61,68,242 4,40,00,000
Other Income 2,37,25,964 1,22,71,401
Total Revenue 17,98,94,206 5,62,71,401
Less : Total Expenses (Excluding Depreciation) 9,49,45,574 1,67,18,660
Profit Before Depreciation & Taxation 8,49,48,632 3,95,52,741
# (-) Depreciation 7,60,410 11,39,739
Profit Before Taxation 8,41,88,222 3,84,13,002
(-) Provision for Taxation
(i) Current Tax 2,15,19,000 1,10,00,000
(ii) Deferred Tax (95,470) (2,37,789)
Profit for the year 6,27,64,692 2,76,50,791

OPERATIONAL REVIEW:

Gross revenues for the year ended 31st March, 2020 is Rs. 17, 98, 94,206/- as against Rs. 5, 62, 71,401/- in the previous year. Profit before taxation is Rs 8, 41, 88,222/- as against Rs. 3, 84, 13,002/- in the previous year. The net profit of the Company for the year under review was placed is Rs. 6, 27, 64,692/- as against 2, 76, 50,791/- in the previous year.

DIVIDEND

The Board of Directors are pleased to recommend dividend @ 100% i.e. Rs.10/- per share on 2, 80,100 Equity shares of Re.10/- each for the year under review subject to the approval of members at the ensuing Annual General Meeting of the Company.

The dividend, if approved by the Shareholders at the Annual General Meeting, shall entail a payout of Rs. 28,01,000/-.

SHARE CAPITAL

The paid up equity capital as on March 31, 2020 was Rs.28, 01,000/-. During the year under review, the Company has not issued any shares.

CHANGES IN THE NATURE OF BUSINESS

There is no change in the nature of business of the Company during the year.

MATERIAL CHANGES AND COMMITMENTS

There have not been any material changes and commitments affecting the financial position of the Company between the end of the financial year of the Company as on March 31, 2020 and the date of this report i.e. June 26, 2020.

GENERAL

No significant or material orders were passed by the Regulators or Courts or Tribunals which impact the going concern status and Company's operations in future.

DIRECTOR & KMP

Dr. Manubhai Patel (DIN 00402478) shall be the Director liable to retire by rotation at the ensuing Annual General Meeting in accordance with the provisions of the Companies Act, 2013 and Articles of Association of the Company; and being eligible, offers himself for re-appointment.

Mr. Ram Narayan Gupta member of Institute of Company Secretaries of India holding Membership No. [4693]) was appointed as Whole time Company Secretary of the Company with effect from 06th March, 2020

DECLARATION OF INDEPENDENT DIRECTORS

The Independent Directors have submitted their disclosures to the Board that they fulfill all the requirements as stipulated in Section 149(6) of the Companies Act, 2013 so as to qualify themselves to be appointed as Independent Directors under the provisions of the Companies Act, 2013 and the relevant rules.

DEPOSIT:

During the financial year 2019-20, your Company has not accepted any deposit within the meaning of Sections 73 and 74 of the Companies Act, 2013 and rules made there under

Board Evaluation

Pursuant to the provisions of the Companies Act, 2013, the Board has carried out an evaluation of its own performance, the directors individually as well as the evaluation of the working of its Audit,

DIRECTOR'S RESPONSIBILITY STATEMENT:

In terms of Section 134 (5) of the Companies Act, 2013, the directors would like to state that:

i) In the preparation of the annual accounts, the applicable accounting standards have been followed.

ii) The directors have selected such accounting policies and applied them consistently and made judgments and estimates that were reasonable and prudent so as to give a true and fair view of the state of affairs of the Company at the end of the financial year and of the profit or loss of the Company for the year under review.

iii) The directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of this Act for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities.

iv) The directors have prepared the annual accounts on a going concern basis.

v) The directors had laid down internal financial controls to be followed by the company and that such internal financial controls are adequate and were operating effectively.

vi) The directors had devised proper system to ensure compliance with the provisions of all applicable laws and that such system were adequate and operating effectively.

SUBSIDIARY COMPANIES:

The Company does not have any subsidiary.

Meetings

Minimum four prescheduled Board meetings are held every year. Additional meetings are held to address specific needs of the Company. In case of any exigency/ emergency, resolutions are passed by circulation. During the Financial Year 2019-20 the Board of Directors met Five times on 24/05/2019, 08/08/2019, 14/11/2019, 30/01/2020 and 06/03/2020 the maximum gap between any two meetings was less than one hundred and twenty days, as stipulated under Regulation 17 of the Listing Regulations and Secretarial Standards.

RELATED PARTY TRANSACTIONS:

All related party transactions that were entered into during the financial year were on arm's length basis and were in the ordinary course of the business. There are no materially significant related party transactions made by the company with Promoters, Key Managerial Personnel or other designated persons which may have potential conflict with interest of the company at large.

PARTICULARS OF LOANS, GUARANTEES OR INVESTMENTS:

The company has not given any loans or guarantees covered under the provisions of section 186 of the Companies Act, 2013.

The detail of the investments made by company is given in the notes to the financial statements.

INTERNAL CONTROL SYSTEMS AND THEIR ADEQUACY:

The Company has an Internal Control System, commensurate with the size, scale and complexity of its operations. To maintain its objectivity and independence, the Internal Audit function reports to the Chairman of the Audit Committee of the Board & to the Chairman & Managing Director.

The Accounts Department monitors and evaluates the efficacy and adequacy of internal control system in the Company, its compliance with operating systems, accounting procedures and policies.

Based on the report of internal audit function, corrective action is taken and thereby strengthens the controls. Significant audit observations and recommendations along with corrective actions thereon are presented to the Audit Committee of the Board.

NOMINATION AND REMUNERATION COMMITTEE

The Nomination and Remuneration Committee has been constituted as per the section 178(1) of the Companies Act, 2013. One Meeting of the Nomination & Remuneration Committee Held during the Year.

REMUNERATION POLICY

Remuneration to Executive Directors:

The remuneration paid to Executive Directors is recommended by the Nomination and Remuneration Committee and approved by Board in Board meeting, subject to the subsequent approval of the shareholders at the General Meeting and such other authorities, as may be required. The remuneration is decided after considering various factors such as qualification, experience, performance, responsibilities shouldered, industry standards as well as financial position of the Company.

Remuneration to Non- Executive Directors:

Remuneration by way of sitting fees for attending Board meetings, are paid to Non-executive Director per meeting Rs. 5,000/- per person

AUDIT COMMITTEE

The Company's Audit Committee has been constituted as per section 177 of the Companies Act, 2013. Four meetings of the Audit Committee were held during the financial year 2019-20.

STAKEHOLDERS RELATIONSHIP COMMITTEE:

The Company's Stakeholders Relationship Committee has been constituted as per section 177 of the Companies Act, 2013, Five meeting of the Stakeholder Relationship Committee During the year

VIGIL MECHANISM / WHISTLE BLOWER POLICY:

The Company has a vigil mechanism named Fraud and Risk Management Policy to deal with instance of fraud and mismanagement, if any.

In staying true to our values of Strength, Performance and Passion and in line with our vision of being one of the most respected companies in India, the Company is committed to the high standards of Corporate Governance and stakeholder responsibility.

The Company has a Fraud Risk and Management Policy to deal with instances of fraud and mismanagement, if any.

The FRM Policy ensures that strict confidentiality is maintained whilst dealing with concerns and also that no discrimination will be meted out to any person for a genuinely raised concern.

A high level Committee has been constituted which looks into the complaints raised. The Committee reports to the Audit Committee and the Board.

BUSINESS RISK MANAGEMENT:

Pursuant to section 134 (3) (n) of the Companies Act, 2013 the company has constituted a business risk management committee. The details of the committee and its terms of reference are set out in the corporate governance report forming part of the Boards report.

At present the company has not identified any element of risk which may threaten the existence of the company.

AUDITORS & REPORT thereon

At the 59th AGM held on September 26, 2017 the Members approved appointment of Brijesh Dutt & Associates. (FRN: 144568W) as Statutory Auditors of the Company to hold office for a period of five years from the conclusion of that AGM till the conclusion of the 64th AGM, subject to ratification of their appointment by Members at every AGM, if so required under the Act. The requirement to place the matter relating to appointment of auditors for ratification by Members at every AGM has been done away by the Companies (Amendment) Act, 2017 with effect from May 7, 2018. Accordingly, no resolution is being proposed for ratification of appointment of statutory auditors at the ensuing AGM.

INTERNAL AUDITOR

As per section 138 of the Companies Act, 2013, the Company has appointed M/s. N S Bhatt & Co. , internal auditors for the year to 2019-20 to conduct the internal audit and to ensure adequacy of the Internal controls, adherence to Company's policies and ensure statutory and other compliance through, periodical checks and internal audit.

COST AUDITORS

As per Section 148 read with Companies (Audit & Auditors) Rules, applicable to cost auditors, the company was not liable to appoint Cost auditors for the financial year 2019-20.

SECRETARIAL AUDITOR:

Pursuant to provisions of section 204 of the Companies Act, 2013 and The Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 the Company has appointed Mr. Deepak Rane a Practicing Company Secretaries in practice to undertake the Secretarial Audit of the Company. The Secretarial Audit report is annexed herewith

REPLY ON SECRETARIAL AUDITOR OBSERVATION

1. The company has complied with the provisions of Section 203 of the Companies Act 2013, except for the appointment of Company Secretary, however Company has appointed Company Secretary on 06th March, 2020,

Ans. The Companies Act, 2013 mandates the appointment but since the company's sole purpose of continuation is to recover its outstanding and no further orders have been executed for the last few years, the appointment looks very difficult and unviable. However the Company has appointed Mr. Ram Narayan Gupta as Company Secretary w.e.f. 06th March, 2020

2. The Company has not opted for e-voting facility with either of the two Depositories.

Ans: e-voting Facility AS the Company's 100% equity shares have been admitted in demat and hence e-voting facility will be granted by the Company to the shareholder.

3. The Company has received notice from Bombay Stock Exchange for non-compliance with Regulation 6(1) of SEBI (LODR) Regulation for non-appointment of Company Secretary.

Ans. However, Company made the default good by appointing Mr. Ram Narayan Gupta as Company Secretary w.e.f 06th March, 2020

TRANSFER OF SHARES TO INVESTOR EDUCATION AND PROTECTION FUND

In pursuance of the provisions of Section 124(6) of the Companies Act, 2013 and the IEPF (Accounting, Audit, Transfer and Refund) Rules, 2016 notified on 7th September, 2016, in addition to the transfer of amounts of unclaimed/ unpaid dividend for the year 2012-13, the underlying shares are also due for transfer to the IEPF Authority in case the dividend remaining unclaimed for a further 7 (Seven) continuous years.

This was in pursuance of the recent enforcement of section 124(6) of the Companies Act, 2013 and the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 which requires every Company to mandatorily transfer to IEPF, the underlying shares in respect of which unpaid/ unclaimed dividend has been transferred to IEPF and for which the dividend has still remained unpaid or unclaimed for a consecutive period of next 7 (seven) years.

DEMATERIALIZATION OF SHARES

As on 31st March 2020, there were approximately 1, 97,860 Equity Shares dematerialized through depository viz. Central Depository Services (India) Limited (CDSL), which represents about 70.64 % of the total issued, subscribed and paid-up capital of the Company.

EXTRACT OF ANNUAL RETURN

Pursuant to the provisions of Section 92(3) of the Companies Act, 2013 read with Rule 12(1) of the Companies (Management and Administration) Rules, 2014, the extract of Annual Return of the Company for the financial year ended on March 31, 2020 in Form MGT-9 is annexed herewith

CORPORATE SOCIAL RESPONSIBILITY INITIATIVES

Pursuant to the provisions of Section 135 and Schedule VII of the Companies Act, 2013, CSR Committee of the Board of Directors had framed the policy on Corporate Social Responsibility and the Projects and Programmes undertaken by the Company are being regularly reviewed by the CSR Committee.

In compliance with regulations under the Companies Act, 2013; CSR Committee constituted has been in place and CSR policy adopted by the Company will be applicable from 01.04.2020, However the Company has voluntary spent on CSR activities during the current year under review.

CORPORATE GOVERNANCE AND MANAGEMENT DISCUSSION & ANALYSIS REPORTS

SEBI Circular No. SEBI/LAD-NRO/GN/2015-16/013 dated 02nd September 2015 for applicability of Corporate Governance and Management Discussion & Analysis reports. It is hereby reported that the Company is under exempted category since both the conditions are not fulfilled as the paid up equity capital of the Company is below Rs.10 Crores and Net worth is above Rs.25 Crores as on the last day of the s financial year (audited). i.e. 31.03.2020.

DISCLOSURE UNDER THE SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION AND REDRESSAL) ACT, 2013

Your Company has always believed in providing a safe and harassment free workplace for every individual working in Company's premises through various interventions and practices. The Company always endeavors to create and provide an environment that is free from discrimination and harassment including sexual harassment. The Company has in place robust policy on prevention of sexual harassment at workplace which is in line with the requirements of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.

Internal Complaints Committee (‘ICC') has been set up to redress complaints received regarding sexual harassment. All employees (permanent, contractual, temporary, trainees) are covered under this Policy. ICC has its presence at corporate office as well as at site locations. The Policy is gender neutral.

During the year under review, No complaint with allegation of sexual harassment was filed with ICC, as per the provisions of The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.

PARTICULARS OF EMPLOYEES

Information as per Section read with rule 5 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 in respect of employees of the Company is not applicable.

CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE EARNING AND OUTGO

Considering the nature of activities of the company, the Information relating to conservation of energy, technology absorption and foreign exchange earnings and outgo are not applicable to the Company. However, the Company is making all efforts to conserve the same and the Company's technology being indigenous, the question of absorption by the Company does not arise. Also no foreign exchange were earned or spent.

DETAILS OF FRAUDS REPORTED BY AUDITORS:

During the year under review, there were no frauds reported by Statutory Auditors under provision of section 143(12) of the Companies Act, 2013 and rules there under.

COMPLIANCE WITH SECRETARIAL STANDARDS

The company confirms compliance with the applicable requirements of secretarial standards.

ESTIMATION OF UNCERTAINTIES RELATING TO THE GLOBAL HEALTH PANDEMIC FROM COVID-19 (COVID-19)

COVID-19 is the infectious disease caused by the most recently discovered coronavirus, SARS-CoV-2. In March 2020, the WHO declared COVID-19 a pandemic.

The Company has adopted measures to curb the spread of infection in order to protect the health of our employees and ensure business continuity with minimal disruption.

The Company immediately took steps to mitigate sanitary and health risks and the Company promptly set up a team of experts to assist the Health and Safety at Work places.

In assessing the recoverability of receivables and other financials assets, the Company has considered internal and external information upto the date of approval of these Standalone financial statements. The impact of the global health pandemic may be different from that of estimated as at the date of approval of these standalone financial statements and the Company will continue to closely monitor any material changes to future economic conditions.

ACKNOWLEDGEMENTS:

Your Company and its Directors wish to extend their sincerest thanks to the Members of the Company, Bankers, State Government, Local Bodies, Customers, Suppliers, Executives, Staff and workers at all levels for their continuous cooperation and assistance.

   

R J Shah & Company Ltd Company Background

Kalindi Rajendra ShahKalindi Rajendra Shah
Incorporation Year1957
Registered OfficeMahul Road,Antop Hill
Mumbai,Maharashtra-400037
Telephone91-22-24148081/24148082/24150180,Managing Director
Fax91-22-24149242
Company SecretaryRam Narayan Gupta
AuditorBrijesh Dutt & Associates
Face Value10
Market Lot50
ListingBSE,
RegistrarSatellite Corporate Ser. P Ltd
Unit-49 Bldg-13 AB ,Off Andheri Kurla Rd,MTNL Lane Sakinaka ,Mumbai-400072

R J Shah & Company Ltd Company Management

Director NameDirector DesignationYear
Raghavendra Raichur Non-Exec. & Independent Dir. 2020
Sunil Pitamber Masand Non-Exec. & Independent Dir. 2020
Swati Rajesh Agrawal Non-Exec. & Independent Dir. 2020
Tejaswini Rajendra Shah Joint Managing Director 2020
Kalindi Rajendra Shah Chairperson & M D 2020
MANUBHAI NARSHIBHAI PATEL Non-Exec & Non-Independent Dir 2020
Ram Narayan Gupta Company Secretary 2020

R J Shah & Company Ltd Listing Information

R J Shah & Company Ltd Finished Product

Product NameUnit Installed
Capacity
Production
Quantity
Sales
Quantity
Sales
Value
Work Receipts NA 0004.4
Mineral Water Ltr0000
Warehousing Income NA 0000

Contact us Contact us