/ Rajesh Exports To Expand Its Retail Business ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Wednesday, 18 January 2017

Rajesh Exports, which is engaged in manufacturing and marketing jewellery to consumers across the world, has posted its investor presentation onJanuary 18, 2017. Going forward company intends to focus more on revenue contribution from retail business, which stands at 1% in FY16. The company is looking forward to increasing revenue contribution from retail to 4%, 20%, 38% and 86% over 3 years, 6 years, 9 years and 12 years respectively.

The company is expected to refine 1400 tons of gold and sell 1200 tons directly to consumers. Rajesh Exports will adopt a Multi-Pronged strategy by leveraging on existing and new opportunities for profitable growth. Company will expand Valcambi and Shubh Jewellers (Retail) and find new opportunities in e-commerce and duty free shops.

For expansion on the basis of leveraging, company aims at enabling economies of scale and operating efficiencies, which will lead to higher profit margins. Rajesh Exports manufactures handmade, casting, studded, tube, electro-formed jewellery, machine chains, etc.

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