SHINING BRIGHT

BOASTING A GLOBAL manufacturing and marketing network with distribution through exports, wholesale and directly to consumers by own retail brand, Bengaluru-headquartered Rajesh Exports is a regular presence in the BW Real 500 list.

Rajesh Mehta, Chairman, Rajesh Exports

The company refines more than 35 per cent of the world's gold - the largest by a single entity at its refineries at Balerna in Switzerland and in Uttarakhand, with a cumulative capacity to refine 2,400 tonne of the precious metal per annum. It is also the world's lowest-cost producer of gold products by virtue of robust systems and advanced technology for production and strong R&D facility. The company is constantly engaged in developing new designs and processes and technology for refining and manufacture of gold jewellery, leading to a portfolio of more than a million designs.

Since inception, Rajesh Exports has consistently demonstrated profitable growth and is a regular dividend paying company with 100 per cent dividend pay-out for the past 12 years. For FY22, the company recorded a consolidated revenue of Rs 2,43,168 crore and a consolidated profit-after-tax of Rs 1,009 crore.

From being ranked sixth last year, the company has slipped three places to be ranked ninth in this year's BW Real 500 list.