About Raj Oil Mills Limited

Raj Oil Mills Limited (ROML) is a public limited company engaged in the buying, selling, manufacturing, and processing of edible oils, edible oil seeds, and related products. The Company, headquartered in Mumbai, traces its heritage in India’s edible oil industry back to 1943 and is listed on both the NSE and BSE. ROML’s product range includes filtered, refined, and cold‑pressed edible oils across variants such as mustard, groundnut, sunflower, soyabean, coconut, and sesame (til), marketed under its established brands — Guinea, Cocoraj, Tilraj, and Mustraj.

ROML operates a fully integrated manufacturing facility at Manor in Palghar, Maharashtra, encompassing oilseed crushing, refining, packaging, and warehousing operations. The Company’s emphasis on quality, brand trust, and operational efficiency has helped it consolidate its position as a key name in the edible oils segment. Its distribution network spans multiple Indian states through dealers, distributors, and retail partners, with channels extending into general trade, modern trade, and e‑commerce to expand its reach into urban and semi‑urban markets. While export volumes remain limited, ROML continues to explore niche overseas markets for authentic Indian edible oils; foreign exchange earnings and outgo were Nil in FY 2024‑25. As of the latest year, the Company reported a profit after tax of Rs 269.68 lakh and a basic EPS of Rs 1.80, confirming a sustained return to profitable growth. ROML has no subsidiaries.

Key Milestones of Raj Oil Mills Limited

• Legacy foundation in 1943, establishing presence in India’s edible oil industry.
• Launch and market growth of trusted edible oil brands — Guinea, Cocoraj, Tilraj, and Mustraj.
• Establishment of a modern, fully integrated manufacturing facility at Manor, Palghar, covering oilseed crushing, refining, and packaging.
• Expansion into premium and cold‑pressed oils, aligned with rising health and wellness consumption trends.
• Achievement of a Q4 FY25 operating margin of 4.17% (up from 0.40% in Q4 FY24) and Q4 EPS of Rs 0.88, marking consistent operational turnaround.

Raj Oil Mills Limited Business Verticals 

Business Verticals:

• Manufacture and processing of edible oils — filtered, refined, and cold‑pressed variants.
• Trading and sale of edible oils, oil seeds, and derivative products.
• Branded retail under Guinea, Cocoraj, Tilraj, Mustraj, and Soyaraj, targeting varied customer segments.

Geographical Operations:

• Domestic: Widespread presence across multiple Indian states through distribution and retail networks.
• Manufacturing: Integrated facility at Manor, Palghar, Maharashtra.
• International: Limited exports; foreign exchange earnings and outgo were Nil for FY 2024–25.

Raj Oil Mills Limited operates within a single business segment — Manufacture and Sale of Edible Oils and Allied Products. The Company produces a wide range of oils including mustard, groundnut, sunflower, soyabean, coconut, and sesame, through its refining and cold‑pressing capabilities at the integrated Manor facility. Its branded portfolio serves distinct consumer preferences: filtered and cold‑pressed oils for traditional authenticity, and refined oils for modern household use. The focus remains on value addition, efficient distribution, and building a premium category presence through new products and SKUs tailored to evolving regional demand.

Raj Oil Mills Limited Key Management

• Parvez Shafee Ahmed Shaikh – Chairman and Executive Director
• Atikurraheman Daudbhai Mukhi – Managing Director
• Tabrez Shafiahmed Shaikh – Executive Director
• Amir Atikurrehman Mukhi – Executive Director
• Sanjay K. Samantaray – Chief Financial Officer
• Priya Pandey – Company Secretary (appointed w.e.f. May 14, 2024)

Latest Updates on Raj Oil Mills Limited

• Product and brand launches: Introduced Cold Pressed Groundnut Oil produced without heat or chemical intervention, supporting health‑focused consumer segments. Launched “Soyaraj” refined edible oil, expanding the brand portfolio.
• Distribution and channel expansion: Strengthened modern trade presence via partnerships with retail chains, and expanded e‑commerce distribution through Amazon, Dmart, and Flipkart. Continued strengthening of general trade to serve kirana and regional wholesale channels.
• Operational highlights: Achieved a Q4 FY25 operating margin of 4.17% (vs. 0.40% in Q4 FY24) and Q4 EPS of Rs 0.88. Enhanced manufacturing flexibility with regionally adapted SKUs while adhering to FSSAI and ISO quality standards.
• Strategic initiatives: Entered commodity trading for revenue diversification. Re‑appointed Mr. Tabrez Shafiahmed Shaikh as Executive Director (April 3, 2024 – April 2, 2029). Re‑appointments of Independent Directors approved for second consecutive terms. Ms. Priya Pandey appointed Company Secretary effective May 14, 2024. The Board recommended revision of the Managing Director’s remuneration to Rs 1 crore per annum effective September 1, 2025, for the remaining tenure till November 11, 2027, subject to shareholder approval.
• Regulatory and legal developments: The Income Tax Department issued a rectification order as per the NCLAT directive dated September 27, 2024. The remaining demand is classified as a contingent liability in the Company’s financial statements.