Rolex Rings Ltd Approves Audited Financial Results for Quarter and Year Ended March 31, 2026
Rolex Rings Ltd has announced the outcome of its Board of Directors meeting held on May 16, 2026. During the meeting, the company considered and approved its Standalone Audited Financial Results for the quarter and the year ended March 31, 2026.The board confirmed that the financial results were reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors.
Financial Performance Highlights
The company’s audited financial results for the quarter and the year ended March 31, 2026, are detailed below. Figures are presented in Millions, except where stated otherwise.Statement of Audited Financial Results (Quarter and Year Ended 31st March, 2026)
| Particulars | 31.03.2026 Quarter | 31.12.2025 Quarter | 31.03.2025 Quarter | 31.03.2026 Year | 31.03.2025 Year |
|---|---|---|---|---|---|
| Revenue from operations | 3,056.92 | 2,748.37 | 2,838.87 | 11,434.95 | 11,548.02 |
| Other income | 28.72 | 174.17 | 98.83 | 502.53 | 284.64 |
| Total Income | 3,085.64 | 2,922.54 | 2,937.70 | 11,937.48 | 11,832.66 |
| Cost of raw materials and components consumed | 1,457.25 | 1,146.62 | 1,566.99 | 5,422.44 | 5,941.98 |
| (Increase) / Decrease in inventories | (73.92) | 267.19 | (56.12) | 124.94 | (95.69) |
| Employee benefits expense | 188.72 | 168.54 | 169.03 | 719.88 | 688.97 |
| Finance costs | 3.57 | 1.25 | 11.32 | 14.43 | 23.79 |
| Depreciation and amortisation expenses | 93.78 | 94.19 | 116.39 | 371.25 | 404.20 |
| Other expenses | 922.59 | 589.98 | 636.82 | 2,865.24 | 2,606.51 |
| Total Expenses | 2,591.99 | 2,267.77 | 2,444.43 | 9,518.18 | 9,569.76 |
| Profit before tax and exceptional items | 493.65 | 654.77 | 493.27 | 2,419.30 | 2,262.90 |
| Exceptional items (net) Expense | 491.95 | 24.46 | 516.41 | 186.00 | |
| Profit before tax | 1.70 | 630.31 | 493.27 | 1,902.89 | 2,076.90 |
| Total tax expense | 3.19 | 152.78 | (53.12) | 491.91 | 336.93 |
| Net profit after tax | (1.49) | 477.53 | 546.39 | 1,410.98 | 1,739.97 |
Balance Sheet and Cash Flow Updates
The company provided its Statement of Assets and Liabilities as at March 31, 2026, and the Statement of Cash Flows for the respective years.Statement of Assets and Liabilities (As at March 31, 2026)
| Particulars | As at 31.03.2025 | As at 31.03.2026 |
|---|---|---|
| Non-current assets | ||
| Property, plant and equipment | 4,439.90 | 4,462.24 |
| Capital work-in-progress | 343.89 | 385.82 |
| Total non-current asset | 5,024.40 | 5,230.58 |
| Total current asset | 12,822.08 | 13,711.46 |
| Total Assets | 12,822.08 | 13,711.46 |
| Total Equity and Liabilities | 12,822.08 | 13,711.46 |
| Total current liabilities | 1,682.07 | 1,023.33 |
| Total liabilities | 2,101.01 | 1,575.69 |
Cash Flow Summary
The net cash flows generated from operating activities for the year ended March 31, 2026, stood at 1,895.85. This figure represents a decrease compared to the 2,272.44 net cash flows generated from operating activities in the previous year.
Cash flows from investing activities utilized 526.08, primarily due to purchases of property, plant and equipment and intangible assets, (including capital advances) of 357.37, and purchases of current investments in mutual funds of 1,946.38.
The net cash flows used in financing activities were 1,165.52, which included a payment towards Right to Recompense liability of 1,010.00.
Corporate Updates and Exceptional Items
Right to Recompense (RoR) SettlementThe company reported a significant exceptional item related to the Right to Recompense (RoR) matter. Management recognized a differential amount of 504.00 million as an exceptional item during the quarter and year ended March 31, 2026, following the full and final settlement of the RoR matter with the Consortium of Banks. This settlement amount was paid by the company on March 31, 2026.
Capital Structure Actions
Rolex Rings Ltd has confirmed two major corporate actions:
1. Stock Split: The Board of Directors had approved the sub-division/split of each equity share, with the shareholders' approval obtained in the Annual General Meeting (AGM) held on September 29, 2025.
2. Buyback Proposal: The company previously approved a buyback proposal, subject to shareholder approval, for up to 10,000,000 equity shares of Rs 1/- each, representing an aggregate amount not exceeding IN 1,800 million.
ROLEXRINGS Stock Price Movement
Shares of Rolex Rings Limited on Friday slipped by 0.31% to settle at ₹148.28, closing significantly lower from its previous day's close. The equity traded on notable volume, registering a total of 686,631 shares throughout the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.
Last edited by a moderator: