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Rolex Rings Ltd

ROLEXRINGS

Rolex Rings Ltd

ROLEXRINGS
IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹5,236 cr, stock is ranked 771
Moderate RiskStock is 2.83x as volatile as Nifty
1,938.650.82% (+15.70)
1,938.650.82% (+15.70)

Price Chart

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1W
1M
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Max
SIP
IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹5,236 cr, stock is ranked 771
Moderate RiskStock is 2.83x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

IndustrialsIndustrial Machinery
SmallcapWith a market cap of ₹5,236 cr, stock is ranked 771
Moderate RiskStock is 2.83x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
32.775.83
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
48.966.900.56%

Forecast & Ratings

Detailed Forecast 
75%
Analysts have suggested that investors can buy this stock

from 4 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

The company manufactures hot forged rolled rings for the bearings and automotive industries. It also has additional operations like drilling, milling and marking.

Investor Presentation

View older 

Nov 11, 2024

PDF
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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 6.3%, vs industry avg of 10.63%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 1.32% to 1.01%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 21.46%, vs industry avg of 23.31%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue600.25704.59777.38911.25675.33619.761,021.651,198.251,236.821,224.29
Raw Materialssubtract293.61322.32371.63452.94313.74316.59519.48585.95631.32970.98
Power & Fuel Costsubtract56.9559.7566.4471.4954.1852.0669.4572.8178.37
Employee Costsubtract32.7238.8354.5160.8152.6651.8758.7659.1564.35
Selling & Administrative Expensessubtract25.9637.7539.2331.9628.5633.7059.7755.7950.42
Operating & Other expensessubtract79.7484.1077.2886.0495.4153.2473.85144.54167.32
Depreciation/Amortizationsubtract21.9923.1423.3825.4426.5225.4125.5526.9232.6338.21
Interest & Other Itemssubtract57.7254.7950.1242.0232.1711.7020.439.832.701.97
Taxes & Other Itemssubtract6.947.4121.2081.5219.15-11.7762.4845.1753.6653.32
EPS10.2731.9030.6924.6222.0836.2651.5072.7457.3058.68
DPS0.000.000.000.000.000.000.000.000.000.00
Payout ratio0.000.000.000.000.000.000.000.000.000.00

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

May 23PDF
Feb 4PDF
Nov 2PDF
FY 2023

Annual report

PDF

Investor Presentation

May 25PDF
Feb 8PDF
Nov 10PDF
Aug 7PDF
FY 2024

Annual report

PDF

Investor Presentation

Aug 11PDF
FY 2025

Annual Report Pending

Investor Presentation

Nov 11PDF
 

Peers & Comparison

Comparing 3 stocks from 
IndustrialsIndustrial Machinery

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Rolex Rings Ltd33.565.83
Cummins India Ltd54.1414.091.13%
Thermax Limited79.4011.540.26%
AIA Engineering Ltd27.244.640.49%

Price Comparison

Compare ROLEXRINGS with any stock or ETF
Compare ROLEXRINGS with any stock or ETF
ROLEXRINGS
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Shareholdings

Promoter Holdings Trend

Decreased Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has decreased by 1.91%

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding53.35%30.44%1.42%7.97%6.83%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep5.00%5.61%6.28%7.74%6.98%7.97%

Mutual Funds Holding Trend

Increased Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has increased by 1.43%

Top 5 Mutual Funds holding Rolex Rings Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Kotak Small Cap Fund - Growth - Direct Plan

Growth
4.7597%1.41%-0.31%24/83 (+21)
Axis Small Cap Fund - Growth - Direct Plan

Growth
3.7955%0.82%-0.20%66/132 (-39)
DSP Small Cap Fund - Growth - Direct Plan

Growth
3.2622%1.06%-0.15%41/79 (-7)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

ROLEXRINGS has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

Dividends

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News & Opinions
Earnings
Rolex Rings standalone net profit rises 4.90% in the September 2024 quarter

Net profit of Rolex Rings rose 4.90% to Rs 49.26 crore in the quarter ended September 2024 as against Rs 46.96 crore during the previous quarter ended September 2023. Sales declined 6.39% to Rs 300.27 crore in the quarter ended September 2024 as against Rs 320.78 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales300.27320.78 -6 OPM %21.9821.04 - PBDT74.8070.09 7 PBT65.1463.28 3 NP49.2646.96 5 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Rolex Rings to conduct board meeting

Rolex Rings will hold a meeting of the Board of Directors of the Company on 7 November 2024Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Rolex Rings AGM scheduled

Rolex Rings announced that the Annual General Meeting (AGM) of the company will be held on 5 September 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live
Earnings
Rolex Rings standalone net profit rises 3.03% in the June 2024 quarter

Net profit of Rolex Rings rose 3.03% to Rs 49.91 crore in the quarter ended June 2024 as against Rs 48.44 crore during the previous quarter ended June 2023. Sales declined 0.18% to Rs 310.76 crore in the quarter ended June 2024 as against Rs 311.33 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales310.76311.33 0 OPM %22.8922.46 - PBDT75.9971.70 6 PBT66.5965.03 2 NP49.9148.44 3 Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Rolex Rings receives upgrade in credit ratings for bank facilities

Rolex Rings has received upgrade in credit ratings from CARE as under: Long Term Bank Facilities - CARE A-; Stable (Revised from CARE BBB+; Positive) Short Term Bank Facilities - CARE A2+ (Revised from CARE A2)Powered by Capital Market - Live

5 months agoCapital Market - Live

Rolex Rings Standalone June 2023 Net Sales at Rs 311.33 crore, up 8.56% Y-o-Y

1 year agoMoneycontrol
Outlook On EVs And The Hybrid Segment: Hiren D Doshi, Rolex Rings
2 years agoET NOW

Rolex Rings Standalone September 2022 Net Sales at Rs 289.71 crore, up 12.08% Y-o-Y

2 years agoMoneycontrol
KYC में Rolex Rings के Management से जानें क्या है Company Growth Strategy | CNBC Awaaz
2 years agoCNBC Awaaz.
बाजार में तेजी जारी, Nifty 17600 के आसपास, Syrma SGS, RIL, Rolex Rings में सबसे ज्यादा हलचल
2 years agoCNBC Awaaz.