Raghav Productivity Enhancers share price today

Raghav Productivity Enhancers Ltd's share price was ₹1,764.10 at the close on 5 November 2026. It has been rising for 22 weeks. That is 37.2% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹599 and ₹1,844, and at that close it sat 94% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Raghav Productivity Enhancers Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 34 weeks in a row.

Over the last 11 years the share price moved +24,538% while the NIFTY 500 moved +230%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 11 quarters in a row, profit up on a year earlier for 11 quarters in a row and highest quarterly profit in 16 quarters.

1. Revenue up on a year earlier for 11 quarters in a row

   In the September 2026 quarter revenue was ₹93 crore, +45.3% on a year earlier.

2. Profit up on a year earlier for 11 quarters in a row

   In the September 2026 quarter profit was ₹22 crore, +57.1% on a year earlier.

3. Highest quarterly profit in 16 quarters

   Profit of ₹22 crore in the September 2026 quarter is the highest of the last 16 quarters.

For July to September 2026 (the quarter ended 30 September 2026), Raghav Productivity Enhancers reported revenue of ₹93.0 crore, up 45.3% from ₹64.0 crore a year earlier, and a profit of ₹22.0 crore, up 57.1% from ₹14.0 crore.

Raghav Productivity Enhancers results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Raghav Productivity Enhancers closed at ₹1,764.10 on 5 November 2026, up 92.4% from ₹917.05 a year earlier (7 November 2025) and up 850.5% over five years. Its highest weekly close since April 2016 was ₹1,844.25 on 11 September 2026.

Raghav Productivity Enhancers share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 5 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

509 weekly closes from 13 April 2016 to 5 November 2026.

5 Nov 2026: Raghav Productivity Enhancers closed at ₹1,764.10, up 5.8% on the week and up 1.8% on the month. Results for July to September 2026: Revenue up 45.3% and profit up 57.1% on a year earlier.

Earlier

• 19 Jun 2026: ex-date for a dividend of ₹1 a share.
• 29 Nov 2024: Bonus issue: 1 new share for every 1 held (ex-date).

Raghav Productivity Enhancers paid ₹1 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.06% at the ₹1,764.10 close on 5 November 2026. The last was a dividend of ₹1 a share, ex-date 19 June 2026.

Raghav Productivity Enhancers dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. Raghav Productivity Enhancers Ltd paid out 8% of its profit as dividends in FY26, and it paid a dividend in 6 of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

Raghav Productivity Enhancers' management made 0 promises we could check against what it later reported.

Our read after the April to June 2026 results, written 10 October 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

One change in Raghav Productivity Enhancers' own numbers looks lasting: costs spread over more sales.

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown.

Checked against results and calls up to April to June 2026, 10 October 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

A post-expansion result showing lower sales and operating profit alongside further inventory accumulation, without an identified temporary cause, would break the assumption that added capacity converts into profitable customer demand.

Each change stops working if

• Existing-plant capacity expansion: The additional lines remain unavailable or incremental sales require concessions that erase the contribution.
• Reported operating earnings expansion: Sales growth slows while operating margins retreat and operating profit ceases to expand.
• Odisha joint venture: Funding or construction fails to advance after incorporation.
• Customer absorption of freight increases: Customers require freight subsidies or switch suppliers when delivered prices rise.

The main risks

• : The commissioning deadline has passed without confirmation in the fetched evidence. ⚠ estimate
• : Inventory accumulation reduces the cash benefit of reported profit growth. ⚠ estimate
• : Current margins exceed the normal-margin assumption. ⚠ estimate
• : Joint-venture incorporation does not establish operating returns. ⚠ estimate

Our read after the April to June 2026 results, written 10 October 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

When Raghav Productivity Enhancers reports October to December 2026, these are the check that show whether the story is still on course. First: Operating margin stays at or above 29% as revenue grows, and the next inventory disclosure shows that the additional sales are reducing stock rather than building it.

Raghav Productivity Enhancers is on one of our India lists: Momentum stocks.

Raghav Productivity Enhancers Ltd earned ₹22.0 Cr of net profit in the Sep 2026 quarter, +57.1% on the same quarter a year earlier. That is the 11th quarter in a row of profit growth. Full-year FY26 profit was ₹55.0 Cr. Over 10 years profit has grown 49.3% a year on average. That is 23.7% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹14.0 Cr.

For the full year, FY26 profit was ₹55.0 Cr (+48.6% on the year before).

Why profit moved: revenue changed +45.3% on a year earlier and the margin moved +1.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +53.4% and revenue +37.7%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Raghav Productivity Enhancers Ltd reported ₹93.0 Cr of revenue in the Sep 2026 quarter, +45.3% on the same quarter a year earlier. That is the 11th quarter in a row with growth on the year before. Over 10 years it has grown 18.8% a year on average. The last full year, FY26, came in at ₹257 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹315 Cr.

FY26 revenue was ₹257 Cr, +28.5% on the year before.

Recent pace: the last four quarters grew +37.7% on average, against 18.8% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +38.2%, against +38.2% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +54.3%, against +51.3% a year (stabilising).

Raghav Productivity Enhancers Ltd's operating margin was 30.0% in the Sep 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 7.0% and 30.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +0.7 percentage points on the year while gross margin changed +4.1 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 82% of Raghav Productivity Enhancers Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹37.0 Cr of operating cash against ₹55.0 Cr of profit. After ₹14.0 Cr of spending on assets, ₹23.0 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 82% of profit came in as cash: the cash cycle got 78 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 1.9× depreciation over three years. The next section checks what that spending is building.

Raghav Productivity Enhancers Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 255 days in FY26, up from 177 days in FY21. It spent ₹34.0 Cr on assets over the last 3 years. Customers take 83 days to pay, and stock sits for 272 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Why this happened. The Capex Inflection Point applies conditionally: management has specified expanded capacity and a commissioning deadline. The remaining benefit depends on usable production, orders and cash collection. Commissioning has not been verified, so the additional profit remains a forecast.

At FY26 sales of ₹257 Cr, each day of that cycle ties up about ₹0.7 Cr, so roughly ₹180 Cr is tied up in the business at any time.

FY26: customers took 83 days to pay and stock sat for 272 days, about 8.9 months of sales sitting as stock, for a full cycle of 255 days, longer than FY21's 177.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 272 days. Customers pay about 83 days after that. Suppliers are paid at 100 days. Together that makes the 255-day cycle.

Spending on assets: ₹34.0 Cr over the last 3 years, against ₹18.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹4.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Raghav Productivity Enhancers Ltd's P/E is 115.0×, near the high end of its own history: higher than 92% of past readings. Its usual P/E (the middle reading) is 72.3×, over 5.5 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.