Rajesh Exports Limited revises earnings guidance for the fiscal year 2018 and provides earnings guidance for the fiscal year 2019, 2020, 2021, and 2022. The company revise fiscal year 2018 revenue estimate to INR 1,970 billion. Given the continuous increase in margins, it revises fiscal year 2018 EPS estimates only slightly to INR 40.80 per share from INR 42.20 per share earlier. It estimate operating income of INR 17,588.3 million, pretax income (reported) of INR 12,690 million, pretax income (adjusted) of INR 12,690 million, net Income (reported) of INR 12,055 million, net income (adjusted) of INR 12,055.1 million, diluted EPS (reported) of INR 40.83, diluted EPS (adjusted) of INR 40.83, EBITDA of INR 18,502 million, cash from operating activities of INR 11,154.8 million, capital expenditures of INR 177.7 million, return on assets of 4.6%, and book Value per share of INR 209.9. For fiscal year 2019, it forecast EPS of INR 46.60 per share, growing at a rate of 14.2% year over year, above the revenue growth rate given the increase in margins. It estimate revenue of INR 2,226,758 million, operating income of INR 19,996.3 million, pretax income (reported) of INR 14,485 million, pretax income (adjusted) of INR 14,485 million, net Income (reported) of INR 13,761 million, net income (adjusted) of INR 13,761.2 million, diluted EPS (reported) of INR 46.61, diluted EPS (adjusted) of INR 46.61, EBITDA of INR 20,987 million, cash from operating activities of INR 12,490.7 million, capital expenditures of INR 111.3 million, return on assets of 4.9%, and book Value per share of INR 255.5. For fiscal year 2020, It estimate revenue of INR 2,429,254 million, operating income of INR 21,814.7 million, pretax income (reported) of INR 16,304 million, pretax income (adjusted) of INR 16,304 million, net Income (reported) of INR 15,489 million, net income (adjusted) of INR 15,488.7 million, diluted EPS (reported) of INR 52.46, diluted EPS (adjusted) of INR 52.46, EBITDA of INR 22,887 million, cash from operating activities of INR 17,983.3 million, capital expenditures of INR 97.2 million, return on assets of 4.6%, return on assets of 5.1%, and book Value per share of INR 307.0. For fiscal year 2021, It estimate revenue of INR 2,599,301 million, operating income of INR 23,887.6 million, pretax income (reported) of INR 18,377 million, pretax income (adjusted) of INR 18,377 million, net Income (reported) of INR 17,459 million, net income (adjusted) of INR 17,456.9 million, diluted EPS (reported) of INR 59.13, diluted EPS (adjusted) of INR 59.13, EBITDA of INR 25,013 million, cash from operating activities of INR 18,779.1 million, capital expenditures of INR 104.0 million, return on assets of 5.4%, and book Value per share of INR 365.1. For fiscal year 2022, It estimate revenue of INR 2,729,266 million, operating income of INR 25,666.6 million, pretax income (reported) of INR 20,156 million, pretax income (adjusted) of INR 20,156 million, net Income (reported) of INR 19,150 million, net income (adjusted) of INR 19,145.9 million, diluted EPS (reported) of INR 64.86, diluted EPS (adjusted) of INR 64.85, EBITDA of INR 26,849 million, cash from operating activities of INR 19,323.6 million, capital expenditures of INR 109.2 million, return on assets of 5.6%, and book Value per share of INR 429.0.