MarketFriction

Royal India Corporation Ltd

BSE 512047 · Gems, Jewellery And Watches
₹5.05 +1.61%
BSE close2026-10-01
Market cap₹61.4 Cr.
P/E1.17

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales5.899.860.0011.3579.8958.5670.2241.674.380.000.003.08
Expenses4.6410.615.428.6177.3256.9164.4838.113.640.461.611.86
Operating Profit1.25-0.75-5.422.742.571.655.743.560.74-0.46-1.611.22
OPM %21.22%-7.61%24.14%3.22%2.82%8.17%8.54%16.89%39.61%
Other Income0.410.32-2.830.250.321.131.021.051.051.1272.361.21
Interest3.223.31-4.843.362.672.68-4.801.380.000.00-1.380.19
Depreciation0.010.010.000.000.000.000.010.010.010.010.010.01
Profit before tax-1.57-3.75-3.41-0.370.220.1011.553.221.780.6572.122.23
Tax %0.00%0.00%-24.34%0.00%0.00%0.00%5.63%0.00%0.00%0.00%34.36%0.00%
Net Profit-1.57-3.74-2.58-0.380.210.0910.903.221.780.6647.342.23
EPS in Rs-0.68-1.62-1.12-0.030.020.011.000.290.150.064.010.19
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales184284102126201223729220467
Expenses183285102127209233531207448
Operating Profit1-1-1-1-80-13-2132-0
OPM %0.4%-0.2%-0.8%-0.8%-4.0%8%-62%7%-8%6%4.8%-1.5%
Other Income03010001-237676
Interest019911121311540-1
Depreciation000000000000
Profit before tax11-10-9-18-11-14-7-9117877
Tax %39%55%-28%-30%-17%-31%-42%-45%-9%6%32%
Net Profit00-7-6-15-8-8-4-8115352
EPS in Rs0.190.16-3.01-2.61-6.60-3.35-3.45-1.61-3.570.994.494.41
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-13%84%7%-97%
Compounded Profit Growth61%55%153%261%
Stock Price CAGR5%16%19%-29%
Return on Equity%%%49%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital23232323232323232323109118
Reserves1414114-2-17-25-33-37-45-3219
Borrowings554487961081191321371321010
Other Liabilities105514520122132313141414747
Total Liabilities5297224315339146149153165152225184
Fixed Assets000000000000
CWIP000000000000
Investments000000000002
Other Assets5297224315339146148153164152225183
Total Assets5297224315339146149153165152225184
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity7-2-35-38-14-10-11-11-1-2-23102
Cash from Investing Activity-00-0-2-100-0-127-34-7
Cash from Financing Activity-6035411410111214-557-95
Net Cash Flow2-202-11-00-000-0
Free Cash Flow7-2-35-38-14-10-11-11-2-2-23100
CFO/OP1,644%-242%6,634%4,835%1,435%121%-6,189%1,054%-58%80%-168%4,590%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days8918323684375712911,94414,25682999438211
Inventory Days021621316411055,255548545226911
Days Payable221081866166455929,05042042560283
Cash Conversion Cycle66786644027518011,94440,4619571,114204839
Working Capital Days76728834529516915,68118,689837991183682
ROCE %1%2%4%-0%0%-7%0%-1%3%-4%11%49%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters45.91%45.91%45.91%33.25%38.00%38.00%38.00%38.00%42.47%41.97%42.47%42.47%
Public54.08%54.09%54.09%66.75%62.01%61.99%62.00%61.99%57.54%58.03%57.54%57.53%
No. of Shareholders5,9066,0585,8855,7876,3686,9578,23110,17211,84512,22912,49612,628

Fundamentals

Market Cap₹ 61.4 Cr.
Current Price₹ 5.20
Stock P/E1.17
Book Value₹ 11.6
ROCE49.3 %
ROE49.4 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-97%
Compounded Profit Growth (TTM)261%
Standalone figures.
Valuation
Market capRs 60 Cr
Enterprise valueRs 59 Cr
P/E (TTM)1.15x
Price to book0.44x
Price to sales1.29x
EV / EBITDA0.76x
EV / EBIT0.76x
EV / sales1.27x
Price to cash flow0.58x
Earnings yield87.29%
P/E, 3-year average9.10x
P/B, 3-year average0.04x
P/E, 5-year average9.10x
P/B, 5-year average-0.27x
Profitability
Operating margin (excl. other income)4.84%
Operating margin (incl. other income)168.97%
EBITDA margin166.82%
Pre-tax margin166.73%
Net profit margin112.94%
Net margin, latest quarter72.40%
ROE49.44%
ROCE49.30%
ROA25.88%
ROE, 3-year average44.95%
ROCE, 3-year average18.80%
ROA, 3-year average8.81%
ROE, 5-year average60.40%
ROCE, 5-year average11.79%
ROA, 5-year average3.76%
ROIC (approx.)38.52%
Tax rate31.86%
Other income / net worth55.22%
Growth
Sales growth (latest year)-79.07%
Profit growth (latest year)389.38%
Sales CAGR, 3 years7.37%
Sales CAGR, 5 years84.40%
Profit growth QoQ-95.29%
Sales growth YoY (latest quarter)-92.61%
Profit growth YoY (latest quarter)-30.75%
Per share
EPS (TTM)Rs 4.41
EPS (latest quarter)Rs 0.19
EPS, 3-year averageRs -1.29
EPS, 5-year averageRs -1.91
Book value per shareRs 11.60
Sales per shareRs 3.90
Cash flow per shareRs 8.64
Free cash flow per shareRs 8.48
Efficiency
Asset turnover0.25x
Fixed asset turnover354.23x
Inventory turnover0.40x
Inventory days911 days
Debtor days211 days
Debtors turnover1.73x
Creditor days283 days
Cash conversion cycle839 days
Working capital days682 days
Leverage
Cash and bankRs 1 Cr
Net debtRs -1 Cr
Net debt / EBITDA-0.01x
Owners' fund to total sources74.27%
Cash flow
Cash from Operating Activity (latest year)Rs 102 Cr
Cash from Investing Activity (latest year)Rs -7 Cr
Cash from Financing Activity (latest year)Rs -95 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs 100 Cr
Cash from ops / profit, 5 years1.48x
Sales to cash flow0.45x
Statement figures
Net sales (TTM)Rs 46 Cr
Net sales (latest year)Rs 46 Cr
Sales (latest quarter)Rs 3 Cr
Operating profit excl. other income (latest year)Rs 2 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs 76 Cr
EBITDA (TTM)Rs 77 Cr
PBDT (TTM)Rs 77 Cr
Profit before tax (TTM)Rs 77 Cr
Tax (latest year)Rs 25 Cr
Net profit (TTM)Rs 52 Cr
Net profit (latest year)Rs 53 Cr
Net profit (latest quarter)Rs 2 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Cost of goods sold (latest year)Rs 41 Cr
Total expenditure (latest year)Rs 44 Cr
Total income (latest year)Rs 122 Cr
Share capitalRs 118 Cr
ReservesRs 19 Cr
Shareholders' fundsRs 137 Cr
Total assetsRs 184 Cr
Net blockRs 0 Cr
InvestmentsRs 2 Cr
ReceivablesRs 27 Cr
InventoryRs 103 Cr
Other liabilitiesRs 47 Cr
Shares outstanding (crore)11.80
Ownership
Promoter holding42.47% (+4.47 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 1.1 is at the 3th percentile of its own 2.5-year range (median 5.9, low 1.1, high 52.4).
P/B 0.40 is at the 8th percentile (median 0.70).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period512047Nifty 50Difference
1 week-7.8%-2.8% -5.1 pts
1 month-10.1%-6.8% -3.4 pts
3 months-14.4%-7.6% -6.8 pts
3 years+64.0%+14.2% +49.8 pts
5 years+95.0%+27.9% +67.1 pts

Red flags

F-score 5 of 8
explainReceivables outrunning sales Receivables grew 15% vs sales -79% in 2026
lookInventory outrunning sales Inventory grew -21% vs sales -79% in 2026
lookProfit leans on other income Other income was 97% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹3 Cr -92.6% vs Jun 2025. Net profit ₹2 Cr -30.7%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Royal India Corporation Ltd?

Royal India Corporation Ltd (512047) has a market capitalisation of Rs 61.4 Cr. at the 2026-10-01 close.

What is the P/E ratio of Royal India Corporation Ltd?

Royal India Corporation Ltd trades at a P/E of 1.17 on trailing twelve-month profit, at the 2026-10-01 close.

What were Royal India Corporation Ltd's latest quarterly results?

In the Jun 2026 quarter, Royal India Corporation Ltd sales was Rs 3 Cr (-92.6% vs Jun 2025) and net profit was Rs 2 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03