Company Overview

Rajputana Biodiesel Ltd. is a biodiesel production company based in India that produces biodiesel from various raw materials such as used cooking oil, animal fat, and vegetable oil. The company was established with the aim of promoting renewable energy and reducing dependence on fossil fuels. Rajputana Biodiesel Limited is a Public company incorporated on 10 November 2016. It was originally incorporated under the name `Rajputana Biodiesel Systems Private Limited` pursuant to a Certificate of Incorporation issued by the Registrar of Companies, Jaipur. The company's status was converted from a Private Limited Company to a Public Limited Company with the name `Rajputana Biodiesel Limited`, and a fresh Certificate of Incorporation dated July 08, 2024, was issued by the Central Processing Centre, Manesar.

The company was promoted and pioneered by Mr. Sarthak Soni and Mr. Tanay Attar, who have been associated with the company since its inception. Mr. Sudeep Soni joined the business in March 2017. The company successfully went public through its IPO, which opened on November 26, 2024, and closed on November 28, 2024. The shares were listed on NSE SME on December 3, 2024.

Business Operations and Manufacturing

Rajputana Biodiesel is engaged in manufacturing and supplying biofuels and their by-products, including biodiesel, glycerine, and fatty acids. The manufacturing unit of the Company is operational at Phulera in Rajasthan. It has an installed production capacity of 30 kilo liters per day (klpd). The company's production facility is located at G24 RIICO Industrial Area, Phulera, Rajasthan 303338, covering an area of 4,000 square meters. The company has an approved production capacity of 30 kiloliters per day (kl/pd) and an installed production capacity of 24 kiloliters per day (kl/pd).

The company's diverse product portfolio demonstrates its commitment to comprehensive biofuel solutions. Rajputana Biodiesel's product portfolio includes:

- Bio-Diesel

- Crude Glycerin

- Castic Potash Flakes

- Waste Sludge

- Used Cooking Oil

- Esteried Fatty Acid

- Methanol

- Citric Acid

- Refined Rice Oil

- Crude Sunflower Oil

- Sodium Methoxide

- RBD Palm Sterin

- Job Work: semi-refining of glycerine for other manufacturers

- Fats

Our Company has full flexibility in its manufacturing facility to handle multiple feedstocks as per market requirements.

Technology and Production Process

Rajputana Biodiesel Ltd. uses a state-of-the-art production process that involves the conversion of raw materials into biodiesel through a chemical process called transesterification. The company claims to produce high-quality biodiesel that meets international standards and has a low carbon footprint. The company's approach to sustainability is evident in its environmental focus, as Bio-Diesel is a Carbon Neutral Fuel.

Market Position and Achievements

Rajputana Biodiesel Ltd. has received several awards and recognitions for its contribution to the promotion of renewable energy and sustainable development in India. The company has also collaborated with various government agencies and research institutions to promote the use of biodiesel as a cleaner and more sustainable alternative to fossil fuels. We have become a preferred partner to leading biofuel refiners, major oil marketing companies (OMCs), retailers, and other commodity companies.

Financial Performance

Recent Financial Results (FY25)

- Date: May 26, 2025

- Performance: FY25 revenue up 27%, PAT up 29%. Capacity expansions, Rs. 51 Cr new orders, and entry into compressed biogas project. This represents strong growth momentum for the company across key financial metrics.

Historical Performance

- For the financial year ended 2024, Rajputana Biodiesel Ltd. posted a profit of Rs 4.56 crore on a total income of Rs 53.46 crore.

- The company has demonstrated an impressive growth trajectory, with revenue increased by 128% and profit after tax (PAT) rose by 168% between the financial year ending March 31, 2024, and March 31, 2023.

Key Financial Metrics

- Market Capitalization: ₹168 crore (as of May 22, 2025)

- 52-Week Range: High: ₹383.85, Low: ₹173.15

- Return on Equity (ROE): 3 Years ROE: 32.1%

- Promoter Holding: 65.7% (as of March 2025)

Human Resources and Corporate Structure

As of July 31, 2024, the company had 30 permanent employees. The company maintains a lean but efficient workforce to support its operations. The leadership team brings substantial industry experience, with Mr. Sarthak Soni having rich experience of 8 years in the Bio Diesel industry.

Strategic Initiatives and Future Outlook

The company is actively expanding its operations through strategic initiatives. Rajputana Biodiesel Limited has informed the Exchange about the Receipt of Consolidated Consent to Operate and Authorization from Uttar Pradesh Pollution Control Board for Nirvaanraj Energy Private Limited, a subsidiary of Rajputana Biodiesel Limited. This subsidiary expansion represents the company's commitment to growing its manufacturing footprint.

The IPO proceeds are being strategically utilized for growth initiatives. The company intends to use INR 12.20 crores from the IPO proceeds to fund its working capital requirements for Fiscal 2025, complementing borrowings of INR 10.67 crores and internal accruals of INR 9.98 crores. Additionally, it aims to enhance the value of its by-products and explore export opportunities for biodiesel, expanding its market reach and business potential.

Corporate Vision and Mission

Vision: To lead the transition towards a sustainable future by becoming the global benchmark in biodiesel production, delivering innovative, eco-friendly fuel solutions that contribute to a cleaner environment and energy security.

Mission: To harness advanced technology and sustainable practices to produce high-quality biodiesel that reduces carbon emissions and promotes energy independence.

The company operates with strong ethical foundations, emphasizing:

- Customer Satisfaction: Providing reliable and efficient biodiesel solutions tailored to the needs of our diverse clientele.

- Community Engagement: Supporting local communities through job creation, education, and environmental initiatives.

- Ethical Practices: Upholding the highest standards of integrity, transparency, and corporate responsibility in all our operations.

Market Listing and Trading Information

The shares were listed on NSE SME on December 3, 2024. The listing date of Rajputana Biodiesel is December 3, 2024. The company's IPO was well-received by investors, with Rajputana Biodiesel's IPO being subscribed 645.81 times. The scrip was listed at ₹247, a premium of 90% over the initial public offer (IPO) price.

Rajputana Biodiesel Limited represents a compelling investment opportunity in India's growing renewable energy sector, combining strong financial performance, strategic expansion plans, and a commitment to sustainable energy solutions.