What we do Rajesh Exports Ltd is the world's largest gold refiner and manufacturer, offering a fully integrated gold value chain from mining to retail through its SHUBH Jewellers brand. |
Founded in 1,995 |
Market share Largest global gold refiner with 2,400 tons refining capacity; world's largest gold manufacturer with 400 tons annual production. |
Problem solved Provides high-quality, innovative gold products supplying bullion banks, wholesalers, and retail consumers worldwide with assured purity and design excellence. |
Top clients or who we serve B2B clients include bullion banks, central banks, wholesale jewelers, and B2C customers via retail SHUBH Jewellers showrooms. |
Key management - |
Our journey and innovations From 1995 IPO to owning world's largest gold refinery Valcambi (Switzerland) in 2015; expanded retail chain to 82 stores; multiple export awards. |
Where we operate Global presence including India, Switzerland, UAE, Kuwait; exports to multiple international markets. |
Top products or what we offer High-purity gold bars, plain and studded jewelry, medallions, coins, and branded retail gold products under SHUBH Jewellers. |
Top brands SHUBH Jewellers - fast-growing retail brand with over 82 stores; Valcambi - top global gold refinery; Laabh Jewellers - established retail chain. |
Raw materials needed Gold and other precious metals sourced globally for refining and manufacturing. |
Raw materials supplier Global gold mining and bullion suppliers including internal mining and refinery operations. |
Recurring vs cyclical contribution Primarily cyclical revenues aligned with gold market demand and export orders. |
Our industry position Market leader in global gold refining and manufacturing with significant export volumes and retail expansion. |
Financial highlights FY2023-24 consolidated revenue Rs 28067.6 crore; net profit Rs 337 crore. Long-term growth crossing USD 37 billion sales and Fortune 500 listing. |
Geographical revenue split - |
Order book Recent large export orders from UAE valued above Rs 1,100 crore, signifying strong global demand. |
Whats driving growth Global gold demand, acquisition of Valcambi, retail expansion, innovation in manufacturing and exports. |
Our future plans Enhance retail footprint, expand refining capacity, and focus on new product design and innovation. |
Our green promise Committed to responsible sourcing and sustainability in precious metals refining and manufacturing. |
Our people and values Dedicated team with strong corporate governance, Code of Conduct, and zero tolerance policy for workplace harassment. |
Key challenges ahead Gold price volatility, regulatory risks, global competition, and maintaining supply chain integrity. |
Interesting facts Only fully integrated gold company globally; owner of world's largest gold refinery; part of Global Fortune 500 since 2017. |
Risks and strategy Mitigation via enterprise risk management framework, diversification, and robust internal controls. |
