Raj Oil Mills

What Raj Oil Mills does

Raj Oil Mills Ltd. is a publicly listed Indian edible oil manufacturer founded in 1943 and headquartered in Mumbai, operating across the full stack of branded consumer oils. Its product portfolio is organised around the flagship GUINEA brand (filtered and refined groundnut, til, mustard, sunflower, soyabean, cottonseed, and rice bran oils), COCORAJ coconut oil, TILRAJ filtered sesame oil, MUSTRAJ Kachchi Ghani cold-pressed mustard oil, DIVYA SHAKTI blended til oil for Pooja lamps, and three 2026 launches — PALMRAJ palm oil, SOYARAJ soybean oil, and a cold pressed groundnut oil variant. Core technology comprises traditional Kachchi Ghani cold-press extraction, filtered oil processing, and refined oil refining, with no disclosed automation, AI, or proprietary digital systems. Pack sizes range from 50 ml to 5 litres.

The business model is a single-segment, hardware-style sale of packaged edible oils through general retail distribution across India, targeting Indian households for daily cooking and religious use. The company generates revenue entirely through B2C retail volumes at market-determined commodity pricing; no B2B, institutional, or export channels are disclosed. Distribution is described as pan-India through local vendors and city stores, with the company operating from two Mumbai locations (corporate headquarters at 224-230 Bellasis Road and its original manufacturing unit, both in Mumbai).

Ownership is dispersed across public shareholders on the Bombay Stock Exchange (ticker: rajoil) and the NSE (NSE:RAJOIL), with management control exercised by the promoter group through Rubberwala Housing & Infrastructure Limited following a 2018 leadership change. For the fiscal year ending March 2026, the company reported sales of Rs 151.37 crore (up 32.25% YoY) and net profit of Rs 4.67 crore (up 72.96% YoY), with six consecutive quarters of positive results and 101–250 employees. The company has no subsidiaries, no disclosed M&A activity, and conducts no AI/ML or technology-platform business.

Name

Raj Oil Mills

Legal name

Raj Oil Mills Ltd.

Website

https://rajoilmillsltd.com

Company type

Public

Founded year

1943

Operating status

Operating

Headcount range

101–250 employees

Short description

Raj Oil Mills Ltd. is a 75-year-old publicly listed Indian edible oil manufacturer selling branded packaged oils (groundnut, mustard, sesame, coconut, soybean, palm) to Indian retail households through general retail distribution across India.

Ownership category

akta.pro rank

Product category

Edible Oils (Consumer Packaged Goods)

NAICS

Fats and Oils Refining and Blending (311225), Starch and Vegetable Fats and Oils Manufacturing (31122)

SIC

Fats & Oils (2070)

akta.pro primary industry

Vegetable Oil Crushing & Refining (Soy, Canola/Rapeseed, Sunflower, Corn, Cottonseed) (AFAKAEAA)

akta.pro secondary industries

Virgin & Cold-Pressed Culinary Oils (AFAJALAB), Coconut Oil Processing (AFAKAEAD)

Keywords

• Edible oil manufacturing
• Filtered cooking oils
• Refined vegetable oils
• Kachchi Ghani mustard oil
• Coconut oil production

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Others

Revenue model

1. Edible Oil Sales: Manufacturing and sale of various edible oils including groundnut oil, mustard oil, sesame oil, sunflower oil, soybean oil, rice bran oil, cottonseed oil, coconut oil, and palm oil products to retail consumers across India.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Raj Oil Mills Ltd. manufactures and sells a comprehensive range of branded edible oils for household cooking in India. Its product portfolio includes filtered and refined oils under the GUINEA flagship brand (groundnut, til, mustard, sunflower, soybean, cottonseed, rice bran), Kachchi Ghani mustard oil (MUSTRAJ), filtered til/sesame oil (TILRAJ), coconut oil (COCORAJ), pooja lamp oil (DIVYA SHAKTI), and newer 2026 launches (PALMRAJ palm oil, SOYARAJ soybean oil, Cold Pressed Groundnut Oil). Products are available in pack sizes from 50ml to 5 litres and sold through retail distribution across India.

Product overview

Raj Oil Mills Ltd is a 75-year-old Indian edible oil manufacturer operating as a single-segment consumer goods company. The product portfolio is organized around multiple branded product lines: GUINEA serves as the flagship brand offering filtered and refined oils (groundnut, til, mustard, sunflower, soyabean, cottonseed, rice bran); COCORAJ offers coconut oil; TILRAJ provides filtered til/sesame oil; MUSTRAJ delivers Kacchi Ghani mustard oil; DIVYA SHAKTI supplies blended til oil for religious purposes; and newer offerings include PALMRAJ palm oil, SOYARAJ soybean oil, and Cold Pressed Groundnut Oil launched in 2026.

Differentiator

Problem solved

Functional benefit

Brands

• Guinea: Premium filtered and refined edible oils brand, including groundnut oil, til oil, mustard oil, sunflower oil, soybean oil, cottonseed oil, and rice bran oil. The crown jewel of Raj Oil Mills Ltd., ruling hearts for over 40 years.
• COCORAJ
• Tilraj
• Mustraj
• Divya Shakti
• PALMRAJ
• SOYARAJ

Products and services

• Guinea Filtered and Refined Edible Oils Flagship branded range of filtered and refined edible oils (groundnut, til, mustard, sunflower, soyabean, cottonseed, rice bran) catering to varied Indian cooking styles and lifestyles; sold in retail outlets across India.
• COCORAJ Coconut Oil Premium coconut oil extracted from highest quality coconuts, naturally healthy with medicinal properties, devoid of harmful chemicals; available in pack sizes from 50ml to 5 litres.
• TILRAJ Filtered Til Oil Filtered til (sesame) oil made from superior quality sesame seeds, maintaining natural aroma, authentic flavor, and health benefits; available in 5L, 1L, 500ml, 200ml, 100ml and 50ml packs.
• MUSTRAJ Kachchi Ghani Mustard Oil Kachchi Ghani mustard oil extracted from finest quality mustard seeds through an indigenous process without additives or chemicals, retaining natural pungent flavour and health benefits; available in 5L, 1L, 500ml, 200ml, 100ml and 50ml packs.
• DIVYA SHAKTI Pooja Oil Blended til (sesame) oil specifically created for lighting Pooja lamps and diyas, blended with best quality sesame oil for prayers and wellness.
• PALMRAJ Edible Palm Oil Edible palm oil product launched in January 2026 to expand Raj Oil Mills' domestic market offerings across India.
• SOYARAJ Soybean Oil Edible soybean oil product launched in 2026 as part of Raj Oil Mills' new product portfolio expansion.
• Cold Pressed Groundnut Oil Cold pressed groundnut oil launched in 2026, adding a premium cold-pressed variant to Raj Oil Mills' portfolio.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Bigshare Services Pvt. LtdcoreOthersRegistrar and share transfer agent handling investor grievances and share transfers for Raj Oil Mills Limited. Located at 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri (East), Mumbai, Maharashtra, 400059.

Scale indicators4 records

Recent moves1 record

Expansion highlights4 records

Broad incumbents

• Adani Wilmar: India's largest branded edible oils player (Fortune brand) with extensive portfolio including soybean, sunflower, mustard, groundnut, and rice bran oils. Directly competes with Raj Oil Mills across multiple oil categories and uses similar branded FMCG distribution across India.
• Marico: Major Indian FMCG with Saffola (refined edible oils) among its flagship brands. Operates in branded edible oils with strong distribution and brand equity that compete directly with Raj Oil Mills' GUINEA range.
• ITC Limited: ITC's Aashirvaad and other food brands span into branded edible oils with deep FMCG distribution and marketing muscle. A diversified Indian conglomerate player in the same branded foods space.
• Dabur India: Dabur sells branded mustard oil and other edible oils in India with strong Ayurvedic/heritage positioning. A diversified FMCG incumbent with brand heritage comparable to Raj Oil Mills' 75-year positioning.
• Cargill India: Cargill operates refined edible oil brands (Nature Fresh, Gemini) in India across soybean, sunflower, and palm oil categories. A large multinational processor directly competing with Raj Oil Mills' refined oil offerings including the new SOYARAJ product line.

Direct peers

• Patanjali Ayurved: Patanjali markets branded mustard oil, groundnut oil, sesame oil, and other edible oils under its Patanjali brand in India. Targets similar health-conscious Indian consumers seeking branded traditional/filtered oils, directly overlapping Raj Oil Mills' customer base.

Others

• Mukhi Industries Limited: Promoter-group entity associated with Raj Oil Mills' Managing Director, also operating in the oilseed/value-added oil space. A related-party adjacent participant sharing the same promoter family.

Regional players

• Sethia Oils: An Indian edible oil company specializing in mustard oil and other conventional oils with traditional Kachchi Ghani processing similar to Raj Oil Mills' MUSTRAJ brand. Smaller but directly competing in heritage mustard oil.
• Emami Group: Emami sells edible oils (including mustard and refined oils) under brands like Healthy & Tasty in Eastern and other Indian markets. Competes in branded edible oils with similar heritage positioning though smaller portfolio.
• Mother Dairy Fruit & Vegetable: Sells branded edible oils and other food products across India with strong North-Indian distribution. Multi-category branded food player with overlap in the Indian household edible oils market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/raj-oil-mills-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Raj Oil Mills