Rolex Rings Limited has informed the Exchange about Transcript
ROLEXRINGS · price
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Rolex Rings hosted an investor/analyst call to discuss Q4 FY25 results. Q4 revenue grew about 9% sequentially to Rs 284 crore with EBITDA of Rs 62 crore and PAT jumping to Rs 55 crore (vs Rs 20 crore in Q3, which was dragged by Rs 18.6 crore of one-time provisions). For full year FY25, revenue stood at Rs 1,154 crore with EBITDA margin of 23% (Rs 269 crore) and PAT of Rs 174 crore. Management guided FY26 EBITDA margin at 23.5-24% and FY27 at above 24%, backed by Rs 175 crore of new orders expected to start flowing from Q2 FY26, and indicated ~15% revenue growth for FY26 and ~10% CAGR for the next two years. Auto components now contribute ~55% of revenue (vs bearing rings at 45%), with the bearing ring business still down 35-40% and full recovery seen 6-8 quarters away. CAPEX guided at Rs 30-40 crore for FY26 and Rs 40-50 crore for FY27.
Margin expansion guidance and the Rs 175 crore visible order pipeline are positives, but near-term European bearing ring weakness and the pending outcome of the Rs 227 crore bank compounding demand remain overhangs; net-cash balance sheet (~Rs 54 crore cash, negative net debt) and steady ~Rs 200 crore annual operating cash flow keep the balance sheet resilient.