MarketFriction

Rolex Rings Ltd

NSE ROLEXRINGS · BSE 543325 · Auto Components & Equipments
₹196.36 +3.30%
NSE close2026-10-01
52 week range99.79 - 198.45
Market cap₹4,998 Cr.
P/E25.8
Price band 20% Delivery 47.6%

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
Sales321273316311300260284292271275306304
Expenses253221244240234209232230217217249236
Operating Profit675372716651526255585669
OPM %21%19%23%23%22%20%18%21%20%21%18%23%
Other Income45-2859-1510161415-4620
Interest101010101000
Depreciation7712910101299999
Profit before tax63503167652749685963079
Tax %26%26%25%25%24%24%-11%28%25%24%188%24%
Net Profit47372450492055494448-060
EPS in Rs1.721.360.871.831.810.742.011.811.631.75-0.012.21
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales5986967709046666161,0101,1791,2221,1551,1441,156
Expenses489543609703544507781918960914913919
Operating Profit109153161201121109229261262241230237
OPM %18%22%21%22%18%18%23%22%21%21%20%21%
Other Income2977931119-1710-13
Interest58555042321220103212
Depreciation222323252725262733403737
Profit before tax3284951417275194243210208190202
Tax %22%9%22%58%27%-16%32%19%26%16%26%
Net Profit257774595387132198156174141152
EPS in Rs1.033.193.072.462.213.634.847.275.736.395.185.58
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth7%13%-1%2%
Compounded Profit Growth22%16%-3%5%
Stock Price CAGR%13%-5%45%
Return on Equity25%22%18%16%
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital2424242424242727272727
Reserves-24531261912443335187168711,0451,186
Borrowings6155444453852592502238218140
Other Liabilities126143208182159184217189205196158
Total Liabilities7417648047826867919851,0131,1211,2821,371
Fixed Assets335346336382374372380391466444447
CWIP8040101464643439
Investments00000000107261288
Other Assets398418428399312417559577543542597
Total Assets7417648047826867919851,0131,1211,2821,371
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1561361941845959213221227190
Cash from Investing Activity-3532-36-14-36-68-44-158-191-53
Cash from Financing Activity-128-121-158-168-208-151-66-6-117
Net Cash Flow-747-113-118-33020
Free Cash Flow11717215816821-11172168177155
CFO/OP107%87%114%170%66%41%106%109%117%103%
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days105929573701018371656170
Inventory Days167150161135145217206156140152155
Days Payable1391429877821429468595661
Cash Conversion Cycle133100158131133176195159146157164
Working Capital Days-52-46-30-17-11965959889121
ROCE %22%24%30%18%15%31%32%28%23%21%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters55.25%55.25%55.25%55.25%53.35%53.35%53.35%53.35%53.35%53.37%52.24%52.24%
FIIs5.60%6.28%7.75%6.99%7.97%8.09%7.27%7.15%6.97%5.96%6.01%5.40%
DIIs32.09%31.68%29.91%30.43%31.86%31.62%32.05%31.96%30.95%30.17%30.27%28.76%
Public7.06%6.79%7.11%7.34%6.83%6.94%7.32%7.54%8.74%10.51%11.49%13.61%
No. of Shareholders49,14148,16949,80648,93047,62849,16250,97752,25058,37974,00875,06697,151

Fundamentals

Market Cap₹ 4,998 Cr.
Current Price₹ 191
Stock P/E25.8
Book Value₹ 44.6
ROCE21.1 %
ROE15.6 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)2%
Compounded Profit Growth (TTM)5%
Standalone figures.
Valuation
Market capRs 5,348 Cr
Enterprise valueRs 5,268 Cr
P/E (TTM)35.16x
Price to book4.41x
Price to sales4.62x
EV / EBITDA21.93x
EV / EBIT25.94x
EV / sales4.56x
Price to cash flow28.21x
Earnings yield2.84%
P/E, 3-year average8.83x
P/B, 3-year average1.12x
P/E, 5-year average6.36x
P/B, 5-year average0.94x
Profitability
Operating margin (excl. other income)20.13%
Operating margin (incl. other income)20.01%
EBITDA margin20.78%
Pre-tax margin17.43%
Net profit margin13.15%
Net margin, latest quarter19.76%
ROE12.35%
ROCE16.67%
ROA10.64%
ROE, 3-year average16.34%
ROCE, 3-year average20.69%
ROA, 3-year average13.25%
ROE, 5-year average21.81%
ROCE, 5-year average25.02%
ROA, 5-year average14.88%
ROIC (approx.)13.27%
Tax rate25.85%
Other income / net worth-0.11%
Growth
Sales growth (latest year)-0.98%
Profit growth (latest year)-18.91%
Sales CAGR, 3 years-1.01%
Sales CAGR, 5 years13.16%
Profit CAGR, 3 years-10.69%
Profit CAGR, 5 years10.16%
Sales growth QoQ-0.44%
Sales growth YoY (latest quarter)4.38%
Profit growth YoY (latest quarter)22.34%
Per share
EPS (TTM)Rs 5.58
EPS (latest year)Rs 5.18
EPS (latest quarter)Rs 2.21
EPS, 3-year averageRs 42.12
EPS, 5-year averageRs 49.51
Book value per shareRs 44.56
Sales per shareRs 42.46
Cash flow per shareRs 6.96
Free cash flow per shareRs 5.69
Efficiency
Asset turnover0.83x
Fixed asset turnover2.56x
Inventory turnover3.15x
Inventory days116 days
Debtor days70 days
Debtors turnover5.21x
Creditor days61 days
Cash conversion cycle164 days
Working capital days121 days
Leverage
Cash and bankRs 79 Cr
Net debtRs -79 Cr
Net debt / EBITDA-0.33x
Interest coverage135.38x
Current ratio (filing 2026-03-31)8.29x
Quick ratio (filing 2026-03-31)5.99x
Trade payables (filing 2026-03-31)Rs 92 Cr
Owners' fund to total sources88.51%
Cash flow
Cash from Operating Activity (latest year)Rs 190 Cr
Cash from Investing Activity (latest year)Rs -53 Cr
Cash from Financing Activity (latest year)Rs -117 Cr
Net Cash Flow (latest year)Rs 20 Cr
Free cash flow (latest year)Rs 155 Cr
Cash from ops / profit, 5 years1.14x
Sales to cash flow6.03x
Statement figures
Net sales (TTM)Rs 1,156 Cr
Net sales (latest year)Rs 1,144 Cr
Sales (latest quarter)Rs 304 Cr
Operating profit excl. other income (latest year)Rs 230 Cr
Operating profit (latest quarter)Rs 69 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 240 Cr
PBDT (TTM)Rs 239 Cr
Profit before tax (TTM)Rs 202 Cr
Tax (latest year)Rs 49 Cr
Net profit (TTM)Rs 152 Cr
Net profit (latest year)Rs 141 Cr
Net profit (latest quarter)Rs 60 Cr
Depreciation (TTM)Rs 37 Cr
Depreciation (latest quarter)Rs 9 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 740 Cr
Total expenditure (latest year)Rs 913 Cr
Total income (latest year)Rs 1,142 Cr
Share capitalRs 27 Cr
ReservesRs 1,186 Cr
Shareholders' fundsRs 1,214 Cr
Total assetsRs 1,371 Cr
Net blockRs 447 Cr
Capital work in progressRs 39 Cr
InvestmentsRs 288 Cr
ReceivablesRs 220 Cr
InventoryRs 235 Cr
Other liabilitiesRs 158 Cr
Shares outstanding (crore)27.23
Ownership
Promoter holding52.24% (-1.11 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 35.2 is at the 60th percentile of its own 5.2-year range (median 32.3, low 15.4, high 44.5).
P/B 4.41 is at the 30th percentile (median 7.73).
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.
PeriodROLEXRINGSNifty 50Difference
1 week+8.2%-2.8% +11.0 pts
1 month+9.9%-6.8% +16.7 pts
3 months+38.3%-7.6% +45.9 pts
6 months+76.9%+0.4% +76.5 pts
1 year+45.6%-9.9% +55.5 pts
2 years-19.8%-13.6% -6.3 pts
3 years-10.8%+14.2% -25.0 pts
5 years+80.0%+27.9% +52.1 pts
26 mutual fund schemes hold about ₹1,299 Cr. Over three months 2 bought more and 24 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Axis Small Cap Fund0.50%158 -27%
Kotak Small Cap Fund0.72%142 -26%
DSP Small Cap Fund0.66%142 -27%
Franklin India Small Cap Fund0.93%137 -19%
ICICI Pru Flexi Cap Fund0.48%125 -30%
HSBC Small Cap Fund0.37%70 -18%
Canara Rob Small Cap Fund0.47%68 -26%
ICICI Pru Small Cap Fund0.59%58 -30%
ICICI Pru Small Cap Fund0.59%56 -30%
HDFC Children's Fund(Lock in)0.40%42 -58%
Aditya Birla SL Midcap Fund0.55%38 -43%
Mirae Asset Multicap Fund0.67%38 +100%
Aditya Birla SL Midcap Fund0.55%37 -43%
ICICI Pru Transportation and Logistics Fund0.79%32 -38%
Kotak Pioneer Fund0.73%31 -28%
ICICI Pru MNC Fund1.52%27 -24%
ICICI Pru ESG Exclusionary Strategy Fund1.55%21 -21%
Edelweiss Small Cap Fund0.29%21 -29%
ICICI Pru Exports & Services Fund0.92%14 -41%
ICICI Pru Exports & Services Fund0.92%14 -41%
JM Value Fund1.30%11 +100%
iSIF Hybrid Long-Short Fund0.77%10 -33%
ICICI Pru ELSS-Tax Saver Fund0.04%5 -24%
Motilal Oswal BSE 1000 Index Fund0.01%0 -12%
Mahindra Manulife Value Fund0.00%0 -100%

Red flags

F-score 5 of 8
No red flags in the latest statements and filings.
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 ₹304 Cr +4.1% vs Jun 2025. Net profit ₹60 Cr +22.4%.
Against our estimate for Jun 2026: sales -2.5%, profit +16.6% in line. Our estimate for Sep 2026: sales Rs 287 Cr, profit Rs 48 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-03Buy Back
2025-10-17Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share0.1000
2022-09-07Annual General Meeting
DateTypeWhat it says
2026-09-26Shareholder meetingVoting results.
2026-09-24Shareholder meetingProceedings of undefined held on September 24, 2026
2026-09-24General UpdatesUpdates on Group Meeting with Investors
2026-09-12UpdatesUpdates on Conference to be attended by officials of Company.
2026-09-11Concall / analyst meetSchedule of meet
2026-09-11Concall / analyst meetSchedule of meet
2026-09-08Concall / analyst meetSchedule of meet
2026-09-02General UpdatesLetter to shareholders who have not registered their email address with RTA or Depositories
2026-09-02Shareholder meetingNotice of Annual General Meeting to be held on September 24, 2026
2026-08-20Concall / analyst meetSchedule of meet
2026-08-12Concall / analyst meetTranscript
2026-08-06UpdatesUpdate regarding Investor Conference to be attended by Management of the company.
2026-08-06Concall / analyst meetLink of Recording
2026-08-05Investor PresentationInvestor Presentation
2026-08-05Board meeting outcomeRolex Rings Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-31BuybackExtinguishment of Equity shares pursuant to Buyback
2026-07-31Concall / analyst meetSchedule of meet
2026-07-24Post Buyback Public AnnouncePost Buyback Public Announcement
2026-07-07Concall / analyst meetSchedule of meet
2026-07-05BuybackLetter of Offer along with Tender Forms and Share Transfer Form for the Buyback
2026-06-29Record DateRecord date for the purpose of Buyback is 03-Jul-2026.
2026-06-19Credit RatingCredit Rating
2026-06-16Concall / analyst meetSchedule of meet
2026-06-10Disclosure under SEBI TakeovRolex Rings Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substanti...
2026-06-04UpdatesCopy of Certified True copy of resolution passed by Board of Directors and Shareholders Resolution passed for Approval of Buyback of Equity shares of ...
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 Rolex Rings Ltd?

Rolex Rings Ltd (ROLEXRINGS) has a market capitalisation of Rs 4,998 Cr. at the 2026-10-01 close.

What is the P/E ratio of Rolex Rings Ltd?

Rolex Rings Ltd trades at a P/E of 25.8 on trailing twelve-month profit, at the 2026-10-01 close.

What were Rolex Rings Ltd's latest quarterly results?

In the Jun 2026 quarter, Rolex Rings Ltd sales was Rs 304 Cr (+4.1% vs Jun 2025) and net profit was Rs 60 Cr.

What is the 52-week high and low of Rolex Rings Ltd?

The 52-week high is Rs 198.45 and the 52-week low is Rs 99.79.

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