SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Rolex Rings Ltd (ROLEXRINGS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 543325 NSE: ROLEXRINGS Bearings | Small Cap | Rolex Rings Share Price

₹136.20 -1.50 (-1.09%)

As on 04-Jun'26 16:59

Rolex Rings Ltd (ROLEXRINGS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 543325 NSE: ROLEXRINGS Bearings | Small Cap | Rolex Rings Share Price

₹136.20 -1.50 (-1.09%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹3,709 Cr.
Current Price
₹136.2
52-Week Low / High
₹99 / 176
TTM EPS
₹5.2
TTM Sales
₹1,143 Cr.
Book Value per Share
₹44.6
P/E Ratio
26.29
Lower than its 5-year historical median
Industry PE
51.1
Price to Book (P/B)
3.06
Lower than its 5-year historical median
Price to Sales (P/S)
3.24
Lower than its 5-year historical median
EV/EBITDA
12.94
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
17.66%
Outperforms industry median
Return on Capital Employed (ROCE)
20.98%
Outperforms industry median
Return on Assets (ROA)
14.48%
Operating Profit Margin
20.8%
Net Profit Margin
15.07%
Gross Profit Margin
23.1%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-5.48%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-8.15%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
11.51%
Asset Quality
Promoter Holding
52.24%
Pledged shares (%) of Promoter's holding (%)
5.48%
Reserves
₹1,186 Cr.
Equity
₹27.2 Cr.
Face Value
₹1
All Time Low / High
₹99.30 / 278.89

Rolex Rings stock performance

Key Ratios
mw4me loader

Check Before You Invest

Valuation

Undervalued

Price Trend

Semi Strong
Q.1 Is Rolex Rings Ltd a good quality company?
Rolex Rings Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Rolex Rings Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Rolex Rings Ltd vs industry peers?
Rolex Rings Ltd revenue CAGR is 11.64%, compared to the industry median CAGR of 7.70%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Rolex Rings Ltd?
Promoters hold 52.24% of the Rolex Rings Ltd, with 5.48% of their stake pledged, indicating low pledge risk.
Q.1 Stock return of Rolex Rings Ltd over the last decade?
Over the last 3 year(s), the stock has delivered a CAGR of -9.56% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Rolex Rings Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 15%21.8%22%28.9%18.5%15.3%31.3%31.8%24.4%21%-
Value Creation
Index
0.10.60.61.10.30.11.21.40.80.5-

Growth Parameters

Sales 5986957709046666161,0101,1791,2221,1551,143
Sales YoY Gr.-16.1%10.9%17.4%-26.4%-7.5%63.9%16.7%3.6%-5.5%-
Adj EPS 132.92.423.64.66.86.36.55.2
YoY Gr.-191.3%-3.3%-16.9%-17.4%79.4%29.1%48.2%-7.8%3.5%-
BVPS (₹) 03.26.38.811.214.92027.33339.444.6
Adj Net
Profit
24.67269.657.947.685.7126186172178141
Cash Flow from Ops. 85.415713619418459.258.9213221227-
Debt/CF from Ops. 73.63.721.44.23.80.40.10.1-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 7.6%11.6%4.6%-5.5%
Adj EPS 22.8%26.8%12.3%3.5%
BVPS150.9%28.6%25.3%19.4%
Share Price - - -11.7% -15.8%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
1668.8138.454.729.719.327.427.828.920.91812.3
Op. Profit
Mgn %
18.322.120.922.218.217.722.722.121.420.820.1
Net Profit
Mgn %
4.110.496.47.213.912.415.81415.412.3
Debt to
Equity
43.76.331.710.70.40.1000
Working Cap
Days
182184188163189208171167158156135
Cash Conv.
Cycle
868510395110115101105101105114

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales5986957709046666161,0101,1791,2221,155
Operating Expenses + 489541609703545507781918960914
Manufacturing Costs111141149174132132197201214194
Material Costs288321364434329287464600627585
Employee Cost 33445561535259596469
Other Costs 57354134303661585466
Operating Profit 109153161201121109229261262241
Operating Profit Margin (%) 18.3%22.0%20.9%22.2%18.2%17.7%22.7%22.1%21.4%20.8%
Other Income + 29779311191528
Exceptional Items 00000000-32-19
Interest 585550413212201032
Depreciation 22232325272526273340
Profit Before Tax 3284951417275194243210208
Tax 77218019-1262455434
Profit After Tax 257774625387132198156174
PAT Margin (%) 4.1%11.0%9.6%6.8%8.0%14.1%13.1%16.8%12.8%15.1%
Adjusted EPS (₹)1.03.23.12.62.23.64.87.35.76.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Rolex Rings - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 14901642262683575457438981,072
Share Capital 38383838242427272727
Reserves -24531261882443335187168711,045
Debt +546506431317238216217811814
Long Term Debt29522916783443220000
Short Term Debt251277264234194184197811814
Minority Interest0000000000
Trade Payables1108698917411212011110190
Others Liabilities 728211014810610610378104106
Total Liabilities 7417648047826867919851,0131,1211,282

Fixed Assets

Net Fixed Assets +335346336382374372380391466444
Gross Block648682695765401424457495603621
Accumulated Depreciation313336359383265277104136176
CWIP 80401014646434
Investments 00000000107261
Inventories132132161160131171262256240244
Trade Receivables172175201181128171231228218193
Cash Equivalents 4222165161020342968
Others Assets 52895053376547585638
Total Assets 7417648047826867919851,0131,1211,282

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 851571361941845959213221227
PBT 3284951417275194243210208
Adjustment 76766863593343362825
Changes in Working Capital -154-222575-43-144-24848
Tax Paid -7-7-5-35-22-6-35-64-64-53
Cash Flow From Investing Activity + -54-14-32-36-14-36-68-44-158-191
Capex -40-39-36-36-16-38-69-41-54-50
Net Investments 02330-2-1-1-4-106-143
Others -1421-0332122
Cash Flow From Financing Activity + -37-126-121-158-169-208-151-66-6
Net Proceeds from Shares 00000053000
Net Proceeds from Borrowing -30-61-56-91-87-2-28-2600
Interest Paid -51-55-50-41-34-11-16-10-3-2
Dividend Paid 0000000000
Others 43-9-14-26-48-7-1-115-63-4
Net Cash Flow -617-17-113-118-330

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)0199.164.8534.0422.0627.8329.2630.7619.0217.66
ROCE (%)14.9521.8121.9928.8818.4615.3331.2731.7924.420.98
Asset Turnover Ratio0.920.9911.140.910.831.141.181.150.96
PAT to CFO Conversion(x)3.42.041.843.133.470.680.451.081.421.3
Working Capital Days
Receivable Days83.5084.8087.6077.2084.7088.4072.5070.8066.6064.80
Inventory Days71.3064.5068.2064.8079.7089.3078.2079.8074.1076.60
Payable Days117.50111.1092.3079.7091.5011891.1070.2061.7059.70

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.005.025.48
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Rolex Rings Ltd FAQs

The current trading price of Rolex Rings on 04-Jun-2026 16:59 is ₹136.2.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Rolex Rings stood at ₹3,709.2 Cr

The latest P/E ratio of Rolex Rings as of 03-Jun-2026 is 26.29.

The latest P/B ratio of Rolex Rings as of 03-Jun-2026 is 3.06.

The 52-week high of Rolex Rings is ₹176.0 and the 52-week low is ₹99.30.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Rolex Rings is ₹1,143 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Rolex Rings Ltd is a good quality company.

The key valuation ratios of Rolex Rings Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Rolex Rings Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Rolex Rings Ltd

Rolex Rings is one of the top five forging companies in India in terms of installed capacity and a manufacturer and global supplier of hot rolled forged and machined bearing rings, and automotive components for segments of vehicles including two-wheelers, passenger vehicles, commercial vehicles, off-highway vehicles, electric vehicles), industrial machinery, wind turbines and railways, amongst other segments. It supplies domestically and internationally to large marquee customers including some of the leading bearing manufacturing companies, tier-I suppliers to global auto companies and some auto OEMs. The company is one of the key manufacturers of bearing rings in India and cater to most of the leading bearing companies in India.

The company started its manufacturing operations in 1988 with its first manufacturing plant set up in Rajkot. Its product portfolio includes a wide range of bearing rings, parts of gear box and automotive components, among others. Its manufacturing capabilities are complemented by its tool design, engineering and product development capabilities. Till date, it has offered a diverse range of hot forged and machined alloy steel bearing rings weighing from 0.01 kilograms to over 163 kilograms, and with inner diameter of 25 millimeters to outer diameter of 900 millimeters. This makes its products suitable for a wide range of end-user industries such as automotive, railways, industrial infrastructure, renewable energy, among others.

Business area of the company

The company is among the leading manufacturers of forged and machined components in India.

Awards and Accreditations

  • 2011: Excellence in Cost and Productivity - Timken.
  • 2011: Excellence in Technology - Timken.
  • 2014: GM Supplier Quality Excellence Award.
  • 2014: Certificate of Supplier Quality for fulfilling the quality assurance compliance by Hyundai Motors India.
  • 2016: Excellence in Technology Advancement by Timken powered by VRIDDHI.
  • 2018: Supplier Quality Excellence Award - General Motors.
  • 2018: Excellence in New Product Development - Timken.
  • 2019: Supplier Quality Excellence Award - General Motors.
  • 2021: Q1 Preferred Quality Status - Ford.

Major events and milestones

  • 1977: Commencement of business in the name of Rolex Industries.
  • 1978: Formation of partnership firm in the name of Rolex Industries.
  • 1988: Started manufacturing of forging and forged products.
  • 1989: Obtained Importer-Exporter code for export of business.
  • 1991: Commissioning of Unit 1.
  • 2003: Purchase of Sakamura model HBP-160.
  • 2003: Conversion of partnership firm into Company.
  • 2007: Purchased 6 Manyo 600 tons Auto Forging Press.
  • 2007: Investment by Rivendell PE LLC.
  • 2007: Availed registration of central excise for Unit 2.
  • 2010: Purchase of SMS MEER Ring Rolling line.
  • 2011: Purchase of Hatebur-Hotmatic@ HM 35 Machine.
  • 2014: Setting up of Unit 3.
  • 2017: Purchase of Sakamura Model: HFW-1000-4 Hot Former.
  • 2018: Purchase of Servomoto Driven Screw Press 16000kN from Enomoto Machine.
  • 2019: Crossed Rs 9,000 million in revenue in Fiscal 2019.
You have 1 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×