Rolex Rings
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Rolex Rings share price

Rolex Rings Ltd

NSE: ROLEXRINGS BSE: 543325 SECTOR: Bearings  91k   229   40

1856.20
+10.60 (0.57%)
NSE: Today, 11:14 AM

Price Summary

Today's High

₹ 1873

Today's Low

₹ 1846.75

52 Week High

₹ 2620

52 Week Low

₹ 1720

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 5055.05 Cr.

Enterprise Value

₹ 5102.12 Cr.

No. of Shares

2.72 Cr.

P/E

28.27

P/B

5.77

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  321.47

CASH

₹ 34.4 Cr.

DEBT

₹ 81.48 Cr.

Promoter Holding

55.25 %

EPS (TTM)

₹  65.66

Sales Growth

16.7%

ROE

30.76 %

ROCE

31.79%

Profit Growth

50.21 %

Add Your Ratio

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year16.7%
3 Year20.97%
5 Year8.89%

Profit Growth

1 Year50.21%
3 Year55.25%
5 Year21.9%

ROE%

1 Year30.76%
3 Year29.28%
5 Year28.79%

ROCE %

1 Year31.79%
3 Year26.13%
5 Year25.15%

Debt/Equity

0.1097

Price to Cash Flow

23.68

Interest Cover Ratio

25.7422701383238

CFO/PAT (5 Yr. Avg.)

1.3341015688938

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 55.25 0
Dec 2023 55.25 0
Sep 2023 55.25 0
Jun 2023 55.25 0
Mar 2023 57.64 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 55.2476132482517% for the Past 3 years.
  • The company has shown a good revenue growth of 20.9691321641499% for the Past 3 years.
  • The company has significantly decreased its debt by 141.375 Cr.
  • Company has been maintaining healthy ROE of 29.2845324111418% over the past 3 years.
  • Company has been maintaining healthy ROCE of 26.1314103007542% over the past 3 years.
  • Company has a healthy Interest coverage ratio of 25.7422701383238.
  • The Company has been maintaining an effective average operating margins of 20.5800301898215% in the last 5 years.
  • Company’s PEG ratio is 0.563031026415473.
  • The company has an efficient Cash Conversion Cycle of 80.9522900203355 days.
  • Company has a healthy liquidity position with current ratio of 2.66154650662705.
  • The company has a good cash flow management; CFO/PAT stands at 1.3341015688938.
  • The company has a high promoter holding of 55.25%.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 307.34 299.48 311.33 320.78 273.31
Total Expenditure 238.91 234.9 241.39 253.3 220.66
Operating Profit 68.42 64.59 69.94 67.48 52.66
Other Income 6.77 0.25 2.37 3.82 4.57
Interest 3.57 0.4 0.61 1.21 0.37
Depreciation 6.71 7.35 6.67 6.81 6.82
Exceptional Items 0 0 0 0 0
Profit Before Tax 64.91 57.09 65.03 63.28 50.03
Tax 12.12 10.68 16.59 16.32 13.01
Profit After Tax 52.79 46.41 48.44 46.96 37.02
Adjusted EPS (Rs) 19.38 17.04 17.79 17.24 13.59

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 904.32 665.99 616.33 1010.23 1178.95
Total Expenditure 703.31 544.56 507.46 781.32 918.24
Operating Profit 201.02 121.44 108.87 228.92 260.72
Other Income 6.93 9.34 3.43 11.42 19.3
Interest 41.23 32.17 11.7 20.43 9.83
Depreciation 25.42 26.52 25.41 25.55 26.92
Exceptional Items 0 0 0 0 0
Profit Before Tax 141.29 72.08 75.19 194.36 243.27
Tax 79.64 19.14 -11.77 62.48 45.17
Net Profit 61.65 52.94 86.96 131.88 198.09
Adjusted EPS (Rs.) 25.71 22.08 36.26 48.43 72.74

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 37.59 23.98 23.98 27.23 27.23
Total Reserves 187.95 244.12 332.75 517.57 715.77
Borrowings 83.09 44.24 32.35 20.46 0
Other N/C liabilities 68.14 78.06 53.51 82.09 65.63
Current liabilities 405.41 295.77 348.19 337.64 204.62
Total Liabilities 782.18 686.17 790.78 985 1013.25
Assets
Net Block 382.25 374.27 372.39 379.66 390.8
Capital WIP 0.95 0 1.15 45.99 45.84
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 18.98 16.1 30.73 18.08 21.16
Other N/C Assets 11.96 2.85 13.51 3.5 10.86
Current Assets 368.03 292.96 373 537.77 544.6
Total Assets 782.18 686.17 790.78 985 1013.25
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 141.29 72.08 75.19 194.36 243.27
Adjustment 62.62 58.59 32.58 43.14 35.86
Changes in Assets & Liabilities 24.75 75.34 -42.71 -143.75 -1.99
Tax Paid -34.89 -22.24 -5.84 -34.88 -63.66
Operating Cash Flow 193.77 183.78 59.21 58.88 213.47
Investing Cash Flow -36.35 -14.17 -36.31 -67.78 -44.14
Financing Cash Flow -157.97 -168.5 -19.54 8.04 -151.42
Net Cash Flow -0.56 1.11 3.37 -0.86 17.91

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 57.64 55.25 55.25 55.25 55.25
ashok dayashankar madeka 3.17 2.64 2.64 2.64 2.64
bharat jiten madeka 1.73 1.64 1.64 1.64 1.64
bhautik dayashankar madek... - 7.79 - 8.69 8.69
hemal paresh madeka 1.31 1.18 1.18 1.18 1.18
jiten dayashankar madeka 9.25 9.05 9.87 9.87 9.87
kartik pinakinbhai madeka... - - - - 0.83
manesh dayashankar madeka... 10.12 9.91 9.54 9.54 9.54
mihir rupeshkumar madeka 1.73 1.64 1.64 1.64 1.64
paresh dayashankar madeka... 0.26 0.26 0.26 0.26 0.26
pinakin dayashankar madek... 10.95 10.66 9.98 9.98 9.15
rupesh dayashankar madeka... 9.25 9.05 8.37 8.37 8.37
sanjay bhagwanji bole 1.73 1.44 1.44 1.44 1.44
bhoutik dayashankar madek... 8.13 - 8.69 - -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 42.36 44.75 44.75 44.75 44.75
axis mutual fund trustee ... 4.62 4.62 4.62 4.93 5.02
canara robeco mutual fund... 1.31 1.31 1.32 1.32 1.32
dsp small cap fund 2.04 2.34 2.34 2.34 2.34
hdfc mutual fund - hdfc c... - 2.12 2.09 2.06 2.06
hsbc small cap fund 1.65 1.95 2.05 1.95 1.65
icici prudential smallcap... 7.79 7.88 - 7.70 7.98
invesco india smallcap fu... - - - - 1.18
kotak funds - india midca... 2.76 - 3.35 3.42 4.30
kotak small cap fund 4.15 4.55 4.60 4.65 4.68
invesco india flexi cap f... 1.65 1.62 1.49 1.47 -
icici prudential small ca... - - 7.69 - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Rolex Rings informs about compliance certificate9 Apr 2024, 4:47PM Rolex Rings informs about disclosure 6 Apr 2024, 2:34PM Rolex Rings informs about plant visit12 Feb 2024, 11:40AM Rolex Rings informs about investor presentation5 Feb 2024, 10:31AM Rolex Rings - Quaterly Results1 Feb 2024, 1:47PM Rolex Rings - Quaterly Results1 Feb 2024, 1:47PM Rolex Rings - Quaterly Results1 Feb 2024, 1:47PM Rolex Rings informs about plant visit19 Dec 2023, 3:27PM Rolex Rings informs about plant visit 25 Nov 2023, 2:29PM Rolex Rings informs about investor presentation9 Nov 2023, 2:26PM Rolex Rings - Quaterly Results7 Nov 2023, 1:44PM Rolex Rings - Quaterly Results7 Nov 2023, 1:44PM Rolex Rings - Quaterly Results7 Nov 2023, 1:44PM Rolex Rings informs about confirmation certificate9 Oct 2023, 2:29PM Rolex Rings informs about conference call 11 Aug 2023, 10:47AM Rolex Rings - Quaterly Results10 Aug 2023, 2:18PM Rolex Rings - Quaterly Results10 Aug 2023, 2:18PM Rolex Rings - Quaterly Results10 Aug 2023, 2:18PM Rolex Rings informs about closure of trading window30 Jun 2023, 10:42AM Rolex Rings informs about newspaper publication27 May 2023, 3:37PM Rolex Rings informs about investor presentation26 May 2023, 10:11AM Rolex Rings informs about analyst call26 May 2023, 10:07AM Rolex Rings - Quaterly Results25 May 2023, 5:11PM Rolex Rings - Quaterly Results25 May 2023, 5:11PM Rolex Rings - Quaterly Results25 May 2023, 5:11PM Rolex Rings - Quaterly Results7 Feb 2023, 1:46PM Rolex Rings - Quaterly Results7 Feb 2023, 1:46PM Rolex Rings - Quaterly Results7 Feb 2023, 1:46PM Rolex Rings informs about compliances-certificate10 Jan 2023, 4:56PM Rolex Ring informs about disclosure24 Nov 2022, 2:28PM Rolex Rings - Quaterly Results9 Nov 2022, 2:54PM Rolex Rings - Quaterly Results9 Nov 2022, 2:54PM Rolex Rings - Quaterly Results9 Nov 2022, 2:54PM Rolex Rings informs about board meeting 28 Oct 2022, 10:46AM Rolex Rings informs about disclosure30 Aug 2022, 12:27PM Rolex Rings informs about updates8 Aug 2022, 12:20PM Rolex Rings - Quaterly Results5 Aug 2022, 2:05PM Rolex Rings - Quaterly Results5 Aug 2022, 2:05PM Rolex Rings - Quaterly Results5 Aug 2022, 2:05PM Rolex Rings informs about disclosure of related party transactions4 Jun 2022, 11:28AM Rolex Rings - Quaterly Results23 May 2022, 2:58PM Rolex Rings - Quaterly Results23 May 2022, 2:58PM Rolex Rings - Quaterly Results23 May 2022, 2:58PM Rolex Rings informs about trading window closure31 Mar 2022, 4:52PM Rolex Rings informs about updates10 Feb 2022, 5:03PM Rolex Rings - Quaterly Results3 Feb 2022, 2:02PM Rolex Rings - Quaterly Results3 Feb 2022, 2:02PM Rolex Rings - Quaterly Results3 Feb 2022, 2:02PM Rolex Rings enters into MoU with Government of Gujarat21 Dec 2021, 10:20AM Rolex Rings informs about press release2 Nov 2021, 4:31PM

Rolex Rings Stock Price Analysis and Quick Research Report. Is Rolex Rings an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a LOW P/E are undervalued (it depends on other factors too). Rolex Rings has a PE ratio of 28.2195490050058 which is high and comparatively overvalued .

  • Share Price: - The current share price of Rolex Rings is Rs 1853. One can use valuation calculators of ticker to know if Rolex Rings share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Rolex Rings has ROA of 19.826548229701 % which is a good sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Rolex Rings has a Current ratio of 2.66154650662705 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Rolex Rings has a ROE of 30.7642371877152 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Rolex Rings has a D/E ratio of 0.1097 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Rolex Rings has an Inventory turnover ratio of 4.55843653699673 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Rolex Rings has reported revenue growth of 16.7013287060088 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Rolex Rings for the current financial year is 22.1141979366438 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Rolex Rings is 0 and the yield is 0 %.

Last Updated on:
Brief about Rolex Rings

Rolex Rings Ltd. Financials: Check Share price, Balance Sheet, Annual report and Quarterly Results for company analysis

Rolex Rings Ltd is a prominent player in India's precision forging industry, offering a range of high-quality forging products to domestic and global clients. In this article, we provide a comprehensive analysis of Rolex Rings Ltd's stock targeted at long-term investors looking for stock analysis. Our stock analysis page uses pre-built screening tools and premium features, enabling a thorough assessment of Rolex Rings Ltd's stock.

Rolex Rings Ltd. Stock Price Analysis

The stock price of a company is an important factor for investors looking to make informed investment decisions. The pre-built screening tools used on our website track and analyze the historical price trends of Rolex Rings Ltd's shares, allowing investors to identify profitable investment opportunities in the market. By understanding the trend of the company's share price, long-term investors can make informed decisions when investing in Rolex Rings Ltd. A stock's share price is determined by a range of factors such as market sentiment, financial performance, and general economic conditions.

Rolex Rings Ltd. Balance Sheet Analysis

The balance sheet of Rolex Rings Ltd provides valuable insights into the company's financial stability. Our website offers a detailed analysis of the company's assets, liabilities, and equity, providing investors with a thorough understanding of the company's financial health. By analyzing the balance sheet, investors can assess the company's ability to generate future profits and make informed investment decisions.

Rolex Rings Ltd. Annual Report Analysis

The annual report of Rolex Rings Ltd is an important source of information for investors looking for a comprehensive understanding of the company's performance over the past year. Our website provides downloadable copies of the annual report, enabling long-term investors to understand the company's revenues, projects, and future prospects. The analysis of the annual report allows investors to plan their investment strategies accordingly.

Rolex Rings Ltd. Dividend Analysis

Dividend policies and history are crucial factors to consider for investors seeking to generate income from their investments. Our website provides a detailed analysis of Rolex Rings Ltd's dividend policy and history to enable investors to make informed decisions. By studying the dividend history, investors can assess the company's ability to generate income and make informed investment decisions.

Rolex Rings Ltd. Quarterly Result Analysis

Rolex Rings Ltd's quarterly result provides valuable insights into the company's performance over the short-to-medium term. Our stock analysis page features details on the company's revenue, profit, and key financial ratios, enabling investors to determine the consistency and growth potential of the company. Our pre-built screening tools enable investors to analyze the company's quarterly report thoroughly.

Rolex Rings Ltd. Stock Price Movement Analysis

The company's stock price movement impacts its growth potential and presents profitable investment opportunities to investors. Studying the stock price trend empowers long-term investors to make informed investment decisions. Our website provides an interactive stock price chart that enables investors to evaluate the historical movement of the company's shares. By evaluating the stock price trends, investors can identify potential risks and opportunities associated with Rolex Rings Ltd. Our website provides pre-built screening tools to help investors analyze stock price and performance.

Rolex Rings Ltd. Price Chart Analysis

Analyzing Rolex Rings Ltd's price chart helps investors visualize the stock price movement over time. Our website features a comprehensive price chart of the company, enabling investors to study the trends and patterns in the chart and make informed investment decisions. Studying the chart helps investors to identify key inflection points, technical support, resistance levels, and other essential factors. Evaluating the price chart results in identifying potential risks and opportunities associated with Rolex Rings Ltd.

Rolex Rings Ltd. News Analysis

Staying updated with the latest news and developments related to Rolex Rings Ltd is crucial for long-term share investors. Our website aggregates news articles from various sources, providing comprehensive news coverage about the company. The analysis of the news helps investors understand the company's performance, potential challenges, and areas for improvement. This information enables investors to make informed decisions regarding whether to hold, sell, or buy Rolex Rings Ltd shares.

Rolex Rings Ltd. Concall Transcripts Analysis

Rolex Rings Ltd's concall transcripts provide direct insights into the company's performance and management's views on the company's future prospects. The transcripts offer valuable information about management's strategies, responses to analyst queries, and future outlook. Analyzing the concall transcripts enables investors to understand the company's management principles and make informed investment decisions.

Rolex Rings Ltd. Investor Presentations Analysis

Rolex Rings Ltd's investor presentations offer deeper insights into the company's business strategy, financial performance, and growth prospects. Our stock analysis page features the company's investors presentations, which enables investors to gain a better understanding of the company's plans and future trajectory. Evaluating this information allows investors to make informed decisions such as investing in additional shares or selling existing ones when appropriate.

Rolex Rings Ltd. Promoters Analysis

The promoters play a significant role in the success and growth of Rolex Rings Ltd. Understanding the background and holdings of the company's promoters helps investors gauge management's alignment with shareholder interests. Analyzing the promoter shareholding provides an indicator of potential growth and management commitment to the company's success.

Rolex Rings Ltd. Shareholders Analysis

Understanding the shareholder base of Rolex Rings Ltd is essential for investors. Our stock analysis page offers insights into the prominent shareholders of the company, allowing for the assessment of investor sentiment and popularity among institutional and retail investors. Analyzing the shareholders helps investors make more informed decisions about Rolex Rings Ltd's stock.

Rolex Rings Ltd. Premium Features and Tools Analysis

In addition to our pre-built screening tools, our website provides access to premium features and tools, such as DCF (Discounted Cash Flow) Analysis, BVPS (Book Value Per Share) Analysis, Earnings multiple approaches, and DuPont analysis. These premium tools offer a comprehensive evaluation of Rolex Rings Ltd's intrinsic value and financial performance, enabling investors to make informed decisions.

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