Announced Fri, 19 Jun · 16:32 IST
Rolex Rings Credit Rating Upgraded to IND A/Stable by India Ratings
ROLEXRINGS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.8%1-day move
₹143.44
prior close
₹144.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0+0.0+0.3+0.2+1.8+3.2+3.2+3.1+4.4+5.0+2.5+0.0——
Up moveDown movePending
AI summary
India Ratings upgraded Rolex Rings' long-term bank loan rating to IND A with Stable outlook (from IND A-/Positive). Short-term rating holds at IND A1. Facility size cut to INR1,040 million from INR1,894 million. FY26 revenue was INR11,435 million, EBITDA margin 20.1%. Company is net cash with nil debt. Full ROR liability of INR1,010 million settled. INR1,800 million buyback planned in FY27.
Likely market impact
Upgrade reflects stronger credit profile and financial flexibility, though outlook moved to Stable. Debt-free, cash-rich with buyback support for shareholders.