Rolex Rings Ltd
ROLEXRINGSRolex Rings Ltd
ROLEXRINGS
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 35.12 | 6.25 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 49.98 | 7.01 | 0.55% |
Forecast & Ratings
Detailed Forecast from 4 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
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.
Peers
Compare with peersCummins India Ltd
Thermax Limited
AIA Engineering Ltd
Carborundum Universal Ltd
Timken India Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 600.25 | 704.59 | 777.38 | 911.25 | 675.33 | 619.76 | 1,021.65 | 1,198.25 | 1,236.82 | 1,224.29 | ||||||||||
Raw Materials | 293.61 | 322.32 | 371.63 | 452.94 | 313.74 | 316.59 | 519.48 | 585.95 | 631.32 | 970.98 | ||||||||||
| Power & Fuel Cost | 56.95 | 59.75 | 66.44 | 71.49 | 54.18 | 52.06 | 69.45 | 72.81 | 78.37 | |||||||||||
| Employee Cost | 32.72 | 38.83 | 54.51 | 60.81 | 52.66 | 51.87 | 58.76 | 59.15 | 64.35 | |||||||||||
| Selling & Administrative Expenses | 25.96 | 37.75 | 39.23 | 31.96 | 28.56 | 33.70 | 59.77 | 55.79 | 50.42 | |||||||||||
| Operating & Other expenses | 79.74 | 84.10 | 77.28 | 86.04 | 95.41 | 53.24 | 73.85 | 144.54 | 167.32 | |||||||||||
EBITDA | 111.27 | 161.84 | 168.29 | 208.01 | 130.78 | 112.30 | 240.34 | 280.01 | 245.04 | 253.31 | ||||||||||
| Depreciation/Amortization | 21.99 | 23.14 | 23.38 | 25.44 | 26.52 | 25.41 | 25.55 | 26.92 | 32.63 | 38.21 | ||||||||||
| PBIT | 89.28 | 138.70 | 144.91 | 182.57 | 104.26 | 86.89 | 214.79 | 253.09 | 212.41 | 215.10 | ||||||||||
| Interest & Other Items | 57.72 | 54.79 | 50.12 | 42.02 | 32.17 | 11.70 | 20.43 | 9.83 | 2.70 | 1.97 | ||||||||||
| PBT | 31.56 | 83.91 | 94.79 | 140.55 | 72.09 | 75.19 | 194.36 | 243.26 | 209.71 | 213.13 | ||||||||||
| Taxes & Other Items | 6.94 | 7.41 | 21.20 | 81.52 | 19.15 | -11.77 | 62.48 | 45.17 | 53.66 | 53.32 | ||||||||||
| Net Income | 24.62 | 76.50 | 73.59 | 59.03 | 52.94 | 86.96 | 131.88 | 198.09 | 156.05 | 159.81 | ||||||||||
| EPS | 10.27 | 31.90 | 30.69 | 24.62 | 22.08 | 36.26 | 51.50 | 72.74 | 57.30 | 58.68 | ||||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Peers & Comparison
IndustrialsIndustrial Machinery
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Rolex Rings Ltd | 35.97 | 6.25 | — |
| Cummins India Ltd | 58.89 | 15.32 | 1.04% |
| Thermax Limited | 89.56 | 13.02 | 0.23% |
| AIA Engineering Ltd | 30.06 | 5.12 | 0.44% |
Price Comparison
Compare ROLEXRINGS with any stock or ETFShareholdings
Promoter Holdings Trend
Decreased Total Promoter Holding
In last 6 months, promoter holding in the company has decreased by 1.91%
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
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) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Kotak Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 5.1618% | Percentage of the fund’s portfolio invested in the stock 1.72% | Change in the portfolio weight of the stock over the last 3 months -0.12% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 19/82 (-4) |
Axis Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 4.1162% | Percentage of the fund’s portfolio invested in the stock 1.01% | Change in the portfolio weight of the stock over the last 3 months -0.09% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 43/135 (-16) |
DSP Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 3.4091% | Percentage of the fund’s portfolio invested in the stock 1.24% | Change in the portfolio weight of the stock over the last 3 months 0.11% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 34/84 (-2) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
ROLEXRINGS has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
Hmm, looks like data is unavailable here. Please come back after some timeNet 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
Rolex Rings will hold a meeting of the Board of Directors of the Company on 7 November 2024Powered by Capital Market - Live
Rolex Rings announced that the Annual General Meeting (AGM) of the company will be held on 5 September 2024.Powered by Capital Market - Live
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
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
Rolex Rings Standalone June 2023 Net Sales at Rs 311.33 crore, up 8.56% Y-o-Y
Rolex Rings Standalone September 2022 Net Sales at Rs 289.71 crore, up 12.08% Y-o-Y
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 6.3%, vs industry avg of 10.7%
Decreasing Market Share
Over the last 5 years, market share decreased from 1.36% to 1.04%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 21.46%, vs industry avg of 23.81%