MarketFriction

Renaissance Global Ltd

NSE RGL · BSE 532923 · Gems, Jewellery And Watches
₹162.50 -1.53%
NSE close2026-10-01
52 week range85.00 - 173.80
Market cap₹1,766 Cr.
P/E16.2
Price band 20% Delivery 57.4%

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

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales442655537445412710514530546963773780
Expenses411604494408378659476494506902716740
Operating Profit305242373451383641615841
OPM %7%8%8%8%8%7%7%7%7%6%7%5%
Other Income1232123-722-19
Interest121414131414121111131212
Depreciation878777888898
Profit before tax12322319143220924423730
Tax %14%14%9%20%20%24%-14%29%15%21%17%14%
Net Profit10282115112423720333026
EPS in Rs1.102.912.051.621.162.272.340.591.802.993.012.36
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,3201,4731,8112,5912,5022,0312,1902,2372,1072,0812,8133,063
Expenses1,2411,4101,7452,4692,3521,9362,0142,0631,9431,9152,6112,863
Operating Profit79636612215095176173164166202200
OPM %6%4.3%3.6%4.7%6%4.7%8%8%8%8%7%7%
Other Income4183421616304108-413
Interest111314253025355159585347
Depreciation151411183131353230303334
Profit before tax5754748110655136948585112132
Tax %17%21%14%4%17%23%22%7%14%14%19%
Net Profit47436477884210687747490109
EPS in Rs4.974.416.688.139.324.5011.219.227.537.108.3910.16
Dividend Payout %8%0%0%0%0%20%15%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth8%7%8%41%
Compounded Profit Growth8%19%4%44%
Stock Price CAGR20%1%16%46%
Return on Equity9%8%7%7%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital191918191919191919192121
Reserves3804424945306466818249051,0071,1291,3701,487
Borrowings272252344348567524528706611655661641
Other Liabilities258314247328422349275372283222288263
Total Liabilities9291,0271,1031,2251,6541,5731,6462,0021,9202,0262,3402,413
Fixed Assets78717249829880218258258306309
CWIP070300092101
Investments243687652371117499119104113
Other Assets8279139441,1081,5481,4041,5551,7001,5621,6471,9301,990
Total Assets9291,0271,1031,2251,6541,5731,6462,0021,9202,0262,3402,413
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity97735-34-30320211786229-35-154
Cash from Investing Activity-28-25-5822-2-7161-115-66-28-57-24
Cash from Financing Activity-76-4071-7277-76-7830-217-17112-77
Net Cash Flow-6819-19-29561000-54-8054-47
Free Cash Flow9259-12-44-35119411366192-48-2045
CFO/OP192%111%26%-32%-241%145%135%57%138%-15%6%38%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days68735371535968747384124109
Inventory Days180194176143174147188212196243250164
Days Payable8710774745026325651465024
Cash Conversion Cycle160160155140176180224230217280325249
Working Capital Days62726269817311595107139166149
ROCE %8%10%9%10%10%11%6%11%9%8%7%8%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters69.56%69.56%69.56%67.47%65.59%58.83%58.98%62.50%61.90%61.70%61.70%61.95%
FIIs1.70%1.66%0.92%0.76%0.85%0.77%1.20%1.12%1.25%2.25%2.02%4.15%
DIIs0.12%0.12%0.00%0.00%0.13%0.11%0.46%0.43%0.43%0.22%0.00%0.14%
Public28.63%28.66%29.52%31.78%33.43%40.31%39.37%35.96%36.42%35.83%36.28%33.76%
No. of Shareholders15,64316,89718,00517,56022,62421,21020,95820,77320,54420,79925,82423,555

Fundamentals

Market Cap₹ 1,766 Cr.
Current Price₹ 164
Stock P/E16.2
Book Value₹ 141
ROCE8.31 %
ROE6.91 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)41%
Compounded Profit Growth (TTM)44%
Consolidated figures.
Valuation
Market capRs 1,744 Cr
Enterprise valueRs 2,278 Cr
P/E (TTM)15.99x
Price to book1.16x
Price to sales0.57x
EV / EBITDA10.70x
EV / EBIT12.70x
EV / sales0.74x
Price to cash flow32.46x
Earnings yield6.26%
P/E, 3-year average14.08x
P/B, 3-year average0.83x
P/E, 5-year average10.87x
P/B, 5-year average0.72x
Profitability
Operating margin (excl. other income)7.19%
Operating margin (incl. other income)7.05%
EBITDA margin6.95%
Pre-tax margin4.31%
Net profit margin3.56%
Net margin, latest quarter3.25%
ROE6.21%
ROCE7.85%
ROA3.79%
ROE, 3-year average6.29%
ROCE, 3-year average7.88%
ROA, 3-year average3.65%
ROE, 5-year average7.95%
ROCE, 5-year average8.79%
ROA, 5-year average4.24%
ROIC (approx.)7.10%
Tax rate19.09%
Other income / net worth-0.26%
Growth
Sales growth (latest year)35.18%
Profit growth (latest year)18.31%
Sales CAGR, 3 years7.94%
Sales CAGR, 5 years6.73%
Profit CAGR, 3 years1.15%
Profit CAGR, 5 years16.22%
Sales growth QoQ0.91%
Profit growth QoQ-21.42%
Sales growth YoY (latest quarter)47.17%
Profit growth YoY (latest quarter)297.96%
Per share
EPS (TTM)Rs 10.17
EPS (latest year)Rs 8.39
EPS (latest quarter)Rs 2.37
EPS, 3-year averageRs 7.67
EPS, 5-year averageRs 17.66
Book value per shareRs 140.57
Sales per shareRs 285.41
Cash flow per shareRs 5.01
Free cash flow per shareRs 4.19
Dividend per share, 5-year averageRs 8.50
Dividends
Dividend payout, 5-year average15.17%
Efficiency
Asset turnover1.17x
Fixed asset turnover9.10x
Inventory turnover2.34x
Inventory days156 days
Debtor days109 days
Debtors turnover3.35x
Creditor days24 days
Cash conversion cycle249 days
Working capital days149 days
Leverage
Total debtRs 641 Cr
Cash and bankRs 107 Cr
Net debtRs 534 Cr
Debt to equity0.43x
Net debt / EBITDA2.51x
Interest coverage3.78x
Current ratio (filing 2026-03-31)3.01x
Quick ratio (filing 2026-03-31)1.61x
Trade payables (filing 2026-03-31)Rs 137 Cr
Owners' fund to total sources62.53%
Debt to assets26.58%
Cash flow
Cash from Operating Activity (latest year)Rs 54 Cr
Cash from Investing Activity (latest year)Rs -24 Cr
Cash from Financing Activity (latest year)Rs -77 Cr
Net Cash Flow (latest year)Rs -47 Cr
Free cash flow (latest year)Rs 45 Cr
FCFE (approx.: FCF + change in debt)Rs 25 Cr
Cash from ops / profit, 5 years0.77x
Sales to cash flow52.35x
Statement figures
Net sales (TTM)Rs 3,063 Cr
Net sales (latest year)Rs 2,813 Cr
Sales (latest quarter)Rs 780 Cr
Operating profit excl. other income (latest year)Rs 202 Cr
Operating profit (latest quarter)Rs 41 Cr
Other income (TTM)Rs 13 Cr
EBITDA (TTM)Rs 213 Cr
PBDT (TTM)Rs 166 Cr
Profit before tax (TTM)Rs 132 Cr
Tax (latest year)Rs 21 Cr
Net profit (TTM)Rs 109 Cr
Net profit (latest year)Rs 90 Cr
Net profit (latest quarter)Rs 25 Cr
Depreciation (TTM)Rs 34 Cr
Depreciation (latest quarter)Rs 8 Cr
Interest (TTM)Rs 47 Cr
Cost of goods sold (latest year)Rs 2,207 Cr
Total expenditure (latest year)Rs 2,611 Cr
Total income (latest year)Rs 2,809 Cr
Share capitalRs 21 Cr
ReservesRs 1,487 Cr
Shareholders' fundsRs 1,509 Cr
Total assetsRs 2,413 Cr
Net blockRs 309 Cr
Capital work in progressRs 1 Cr
InvestmentsRs 113 Cr
ReceivablesRs 841 Cr
InventoryRs 942 Cr
Other liabilitiesRs 263 Cr
Shares outstanding (crore)10.73
Ownership
Promoter holding61.95% (-0.55 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 16.0 is at the 69th percentile of its own 9.4-year range (median 12.3, low 5.4, high 49.1).
P/B 1.16 is at the 57th percentile (median 1.10).
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.
PeriodRGLNifty 50Difference
1 week-2.3%-2.8% +0.5 pts
1 month+18.6%-6.8% +25.4 pts
3 months+33.9%-7.6% +41.5 pts
6 months+67.0%+0.4% +66.6 pts
1 year+37.8%-9.9% +47.8 pts
2 years+31.7%-13.6% +45.2 pts
3 years+55.3%+14.2% +41.1 pts
5 years+1.8%+27.9% -26.1 pts

Red flags

F-score 6 of 8
explainWeak cash conversion Cash from operations was 7% of net profit over the last 3 years
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 ₹780 Cr +47.2% vs Jun 2025. Net profit ₹26 Cr +271.4%.
Against our estimate for Jun 2026: sales +2.9%, profit -3.2% in line. Our estimate for Sep 2026: sales Rs 812 Cr, profit Rs 29 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-11-08Extra Ordinary General Meeting
2024-09-04Annual General Meeting
2023-08-02Annual General Meeting
2022-07-26Annual General Meeting
2022-07-19Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share0.2000
2022-07-19Dividend - Rs 3 Per Share
2022-02-17Interim Dividend - Rs 5.50 Per Share
2021-07-27 Annual General Meeting
2021-03-22 Interim Dividend - Rs 4.50 Per Share
2020-09-21 Annual General Meeting
2019-07-29 Annual General Meeting
2018-07-27 Annual General Meeting
2017-08-22 Annual General Meeting
2017-06-09 Buyback
2016-09-09 Annual General Meeting
2016-03-22 Interim Dividend - Rs 2/- Per Share
2015-09-14 Annual General Meeting / Dividend - Re 1/- Per Share
2014-09-02Annual General Meeting / Dividend - Re 1/- Per Share
2013-08-20Annual General Meeting And Dividend Re.1/- Per Share
2012-08-28Annual General Meeting/ Dividend Rs 1.50 Per Share
2011-08-26Dividend-Rs.2/- Per Share
2010-08-13Dividend-Rs.2/- Per Share
2009-08-17Agm/Div-Rs.1.50 Per Share
2008-08-26Agm/Dividend - 15%
DateTypeWhat it says
2026-09-23General UpdatesRejection of RGL s re-classification application under Regulation 31(A)of the SEBI (LODR) Regulations, 2015
2026-09-21ESOPExercise of 3750 Options.
2026-09-18Shareholder meetingVoting results of Annual General Meeting held on September 18, 2026
2026-09-18Shareholder meetingRenaissance Global Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 18, 2026
2026-09-18Shareholder meetingProceedings of Annual General Meeting held on September 18, 2026
2026-09-15General UpdatesRenaissance Global Limited honored with IGJA 2024-25 in Silver Jewellery category at the 52nd India Gem & Jewellery Awards
2026-09-01ESOPExercise of 7500 Options.
2026-09-01AcquisitionAcquisition
2026-08-27Record DateRecord date for the purpose of Annual General Meeting is 11-Sep-2026.
2026-08-27Shareholder meetingNotice of Annual General Meeting to be held on September 18, 2026
2026-08-13Concall / analyst meetTranscript
2026-08-10Concall / analyst meetLink of Recording
2026-08-07Press ReleasePress Release and presentation on earnings for Q1& FY27".
2026-08-07General UpdatesWithdrawal of re-classification Application filed under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
2026-08-07Other RestructuringInternal Corporate Restructuring of Renaissance Global Limited (RGL) Group Companies.
2026-08-07Change in ManagementChange in Management
2026-08-07Board meeting outcomeRenaissance Global Limited has submitted to the Exchange, the Financial Results for the first quarter ended Jun 30, 2026.
2026-08-06Concall / analyst meetRevision of earlier intimation of Investor Earning conference call due to inadvertently mentioned wrong Universal Conference dial in number.
2026-08-05Concall / analyst meetSchedule of meet
2026-07-29Press ReleaseA press release dated July 29, 2026, titled "Press release regarding opening of the third retail store of Jean Dousset in the United States at San Fra...
2026-07-16ResignationResignation of Director/KMP/SMP
2026-07-16Change in ManagementResignation of Senior Management Personnel
2026-07-07ESOPAllotment of 28,000 Equity Shares pursuant to exercise of ESOP.
2026-06-19ESOPAllotment of 34,590 equity shares pursuant to exercise of ESOPs.
2026-06-15ESOPCorrection in the disclosure under Reg 30 of SEBI (LODR) 2015 dated June 12, 2026.
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 Renaissance Global Ltd?

Renaissance Global Ltd (RGL) has a market capitalisation of Rs 1,766 Cr. at the 2026-10-01 close.

What is the P/E ratio of Renaissance Global Ltd?

Renaissance Global Ltd trades at a P/E of 16.2 on trailing twelve-month profit, at the 2026-10-01 close.

What were Renaissance Global Ltd's latest quarterly results?

In the Jun 2026 quarter, Renaissance Global Ltd sales was Rs 780 Cr (+47.2% vs Jun 2025) and net profit was Rs 26 Cr.

What is the 52-week high and low of Renaissance Global Ltd?

The 52-week high is Rs 173.80 and the 52-week low is Rs 85.00.

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