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The Ruby Mills Ltd (RUBYMILLS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 503169 NSE: RUBYMILLS Textile | Small Cap | Ruby Mills Share Price

₹345.95 15.80 (4.79%)

As on 09-Jun'26 16:59

The Ruby Mills Ltd (RUBYMILLS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 503169 NSE: RUBYMILLS Textile | Small Cap | Ruby Mills Share Price

₹345.95 15.80 (4.79%)

As on 09-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹1,157 Cr.
Current Price
₹346
52-Week Low / High
₹170 / 346
TTM EPS
₹13
TTM Sales
₹359 Cr.
Book Value per Share
₹201.7
P/E Ratio
26.55
Higher than its 5-year historical median
Industry PE
36.2
Price to Book (P/B)
1.72
Higher than its 5-year historical median
Price to Sales (P/S)
3.23
Higher than its 5-year historical median
EV/EBITDA
16.31
Higher than its 5-year historical median
Dividend Yield
0.93%
Profitability Efficiency
Return on Equity (ROE)
6.84%
Outperforms industry median
Return on Capital Employed (ROCE)
6.58%
Underperforms industry median
Return on Assets (ROA)
4.42%
Operating Profit Margin
18.7%
Net Profit Margin
17.43%
Gross Profit Margin
26.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
2.4%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-18.01%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-5.01%
Asset Quality
Promoter Holding
74.90%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹664 Cr.
Equity
₹16.7 Cr.
Face Value
₹5
All Time Low / High
₹7.98 / 368.90

The Ruby Mills stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Overvalued

Price Trend

Strong
Q.1 Is The Ruby Mills Ltd a good quality company?
The Ruby Mills Ltd is a average quality company, based on a somewhat consistent 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 The Ruby Mills Ltd performance compare with that of its Peers?
Q.1 Revenue growth of The Ruby Mills Ltd vs industry peers?
The Ruby Mills Ltd revenue CAGR is 5.80%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of The Ruby Mills Ltd?
Promoters hold 74.90% of the The Ruby Mills Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of The Ruby Mills Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 1.8% 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.
The Ruby Mills Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 7.7%7.3%5.8%4.2%5.1%4.6%5.5%6%7.5%6.6%-
Value Creation
Index
-0.5-0.5-0.6-0.7-0.6-0.7-0.6-0.6-0.5-0.5-

Growth Parameters

Sales 213202199193183123199260237243359
Sales YoY Gr.--5.1%-1.2%-3.3%-5%-32.6%61.4%30.4%-8.7%2.4%-
Adj EPS 11.910.110.15.37.86.29.310.413.112.213
YoY Gr.--15%0.4%-48.2%48.6%-20.8%50.2%11.5%26.2%-7%-
BVPS (₹) 110.1121.5131.1135.3141.5149.3158.3167.4179.5190.4201.7
Adj Net
Profit
39.733.833.917.626.120.73134.643.740.644
Cash Flow from Ops. 38.235.448.66.315.717.794.212550-35.5-
Debt/CF from Ops. 11.111.57.961.224.922.331.94.3-9.2-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 1.5%5.8%6.8%2.4%
Adj EPS 0.3%9.3%9.4%-7%
BVPS6.3%6.1%6.4%6.1%
Share Price 5.8% 23.7% 22.1% 56.5%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
11.48.783.95.64.366.47.56.66.7
Op. Profit
Mgn %
31.228.427.320.824.631.127.519.923.418.721
Net Profit
Mgn %
18.716.7179.114.216.815.613.318.416.712.2
Debt to
Equity
1.210.90.90.80.80.50.40.40.50.5
Working Cap
Days
1,4421,4491,4511,5141,6822,5671,5611,1111,0821,060109
Cash Conv.
Cycle
4134435363683647709169

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales213202199193183123199260237243
Operating Expenses + 14614514515313885144208182197
Manufacturing Costs61605961552652736871
Material Costs51504452463560906576
Employee Cost 18192222231419252629
Other Costs 16152019141113202222
Operating Profit 66575440453855525545
Operating Profit Margin (%) 31.1%28.3%27.3%20.8%24.6%31.1%27.5%19.9%23.4%18.7%
Other Income + 1717981010151324
Exceptional Items 0000000000
Interest 13121195810455
Depreciation 2015151412899811
Profit Before Tax 50463725383237445654
Tax 9927106681111
Profit After Tax 41373518282631354542
PAT Margin (%) 19.2%18.5%17.6%9.2%15.1%21.0%15.6%13.6%18.8%17.4%
Adjusted EPS (₹)12.211.210.55.38.37.79.310.513.312.7
Dividend Payout Ratio (%)5.10%7.80%8.30%16.40%10.60%4.90%16.20%11.90%13.10%13.80%

Valuation of Ruby Mills - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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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 + 368406438453473499529560600637
Share Capital 8888888171717
Reserves 360398430444465491521543584620
Debt +360351337372379382258220187299
Long Term Debt315295275335321326225207171291
Short Term Debt4556623759563312168
Minority Interest0000000000
Trade Payables29252417201826252231
Others Liabilities 2451901781461571481531596571
Total Liabilities 1,0029729789881,0301,0489669638751,038

Fixed Assets

Net Fixed Assets +1321251129889478889104107
Gross Block340140142142145103151159181194
Accumulated Depreciation208153044565664717887
CWIP 32333435373766819
Investments 00001290055116
Inventories38404137443136515882
Trade Receivables19141815131517242127
Cash Equivalents 2524372931471085249
Others Assets 756736736774803861808708606677
Total Assets 1,0029729789881,0301,0489669638751,038

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 383549616189412550-35
PBT 50463725383237445654
Adjustment 25191819881599-4
Changes in Working Capital -31-183-30-24-154681-6-77
Tax Paid -6-11-9-8-6-8-4-8-9-8
Cash Flow From Investing Activity + 5-90-2-11121-1-78-82
Capex -1-9-1-1-4-1-14-7-26-19
Net Investments 0-1-0-3-82345-56-66
Others 6111101143
Cash Flow From Financing Activity + -23-27-41-11-5-4-127-47-35104
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 22000000000
Interest Paid -19-11-8-9-4-8-10-3-3-5
Dividend Paid -50-4-4-70-1-5-4-6
Others -21-16-30164-116-39-28114
Net Cash Flow 21-17-7-015-1278-63-14

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)11.699.668.3245.985.326.046.477.686.84
ROCE (%)7.697.315.824.175.064.565.475.957.486.58
Asset Turnover Ratio0.210.20.20.20.180.120.20.270.260.25
PAT to CFO Conversion(x)0.930.951.40.330.570.693.033.571.11-0.83
Working Capital Days
Receivable Days30.102929.1030.902842.6030.1029.2034.6036.20
Inventory Days66.9071.1074.2072.6081.30112.4062.1061.6083.80105
Payable Days173.10196.10205.40147.40146.80201.20135.50104.20132.40129.20

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.020.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

The Ruby Mills Ltd FAQs

The current trading price of Ruby Mills on 09-Jun-2026 16:59 is ₹345.9.

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 08-Jun-2026 the market cap of Ruby Mills stood at ₹1,156.9 Cr

The latest P/E ratio of Ruby Mills as of 08-Jun-2026 is 26.55.

The latest P/B ratio of Ruby Mills as of 08-Jun-2026 is 1.72.

The 52-week high of Ruby Mills is ₹345.9 and the 52-week low is ₹169.7.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ruby Mills is ₹359 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that The Ruby Mills Ltd is a average quality company.

The key valuation ratios of The Ruby Mills Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

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

About The Ruby Mills Ltd

Ruby Mills, incorporated in the year, 1917 as a composite textile mill, mainly manufacturing Cottons. The management of the unit was taken over by the late C N Shah in 1946 and thereafter the mill has been regularly progressing and manufacturing a wide range of products. From 1959 onwards the management has been under the dynamic leadership of the Chairman and Managing Director, M C Shah and has made tremendous progress by way of its product range, quality and performance.

The Ruby Mills has two plants located at Dadar in Central Bombay and Dhamni on Bombay-Pune Highway.

The comapny's Dadar unit is a highly modernised composite textile mill in Bombay. This plant is involved in spinning, weaving, processing and printing of textile fabrics. The company's installed capacity comprises of 22,000 spindles and 40,000 Mts. of woven fabrics & 8 tons of Tubular Knitted Fabrics.

The Dhamni Unit is located 70 km South East of Bombay, has advantages in terms of easy accessibility, availability of transportation of raw materials and finished goods, well established communication facilitiesand availability of adequate semi-skilled labour force.

Since 1996, Ruby Mills,is manufacturing Micro Dot Fusible Interlining & Basic Interlining, in Technical Collaboration with Gygli Textil Ag, Switzerland.The Company has been in operation since 1921 with an Annual Income of Rs. 680 million.

A modern Research & Development Laboratory fully equipped with the latest quality control equipment and recognised by the Government of India supports these manufacturing activities.

Ruby Mills, has forward integration into Processed Knit Fabrics in Tubular form. The company is equipped with imported Sclavos Soft Flow High Temperature/Low Temperature Dying machines, Spereto Rhymer Tubular Merceriser, Sentex Balloon Padder, Relax Dryer and Spereto Rhymer Tubular Compacting machines to produce knitted fabrics that meet the most exacting International Standard with regard to Dimensional Stability (Shrinkage) and Colour Fastness.

Products range of the company includes:

  • Cotton & Blended Yarns
  • Custom made fabrics from various Manmade & Natural fibers like Cotton, Linen, Viscose, Lyocell, Modal, Polynosic & the blends of the same for shirting, suiting & dress materials. Micro Polyester and it's blends for various end applications.
  • 100% Cotton Knitted Fabric
  • Basic and Micro Dot coated Interlining 
  • Eco Friendly Textiles
  • Fabrics with following Special Finishes : Silicone, Anti-Fungal, Anti-Bacterial, Water Repellent & Stain Repellent 

The company has been exporting fabrics and yarn mainly to USA, Europe and UK, and its products are well accepted in the export markets.

Achievements/ recognition:

  • Gold Star (Spain) 1990
  • Euro Market Award (Brussels) 1992 & 1993
  • International Europe Award for quality 1993
  • Ranked amongst India's top 200 companies by Coper's mow, for the Dalal Street Journal's, Corporate Excellence Awards 1993. Honourable Finance Minister Shri Manmohan Singh in October 1993 & 1994 presented the award.
  • Ranked amongst India's Most Valuable Companies by Business Today in their Survey for 1995 - 1996.
  • Ruby has also been conferred the 21st International Award for the best trade name 1996 by Trade Leaders Club - Madrid for the 'Best Trade Name' and for 'Best Brand Image' in the business field.
  • The company has also been placed on the CHARTERED LIST of Customers by ICI, UK giving it access to technology and development through worldwide research in textile processing.
  • Ranked amongst INDIA’S TOP 500 COMPANIES 1999 by Dun and Bradstreet.
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