Rolex Rings Limited has informed the Exchange about Transcript
ROLEXRINGS · price
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Rolex Rings reported Q3 FY26 revenue of ~275 crore (up ~6-7% YoY) with EBITDA of 75 crore at 25.7% margin and PAT of ~48 crore. For the nine-month period, revenue was ~885 crore with EBITDA margin at 24.9%. The US market continues to face headwinds, with US revenue down ~30% versus FY25 due to tariffs, though US duties have been reduced from 50% to 18% and management expects a sharp recovery from Q1 FY27. Europe exports grew ~10% QoQ and domestic bearing ring revenue grew ~30% YoY. Management guided FY27 revenue growth of 15-18% and EBITDA margin of 22-22.5% on higher capacity utilization (expected 72-75% from current 62-63%). New customers from Mexico and the US are expected to start contributing from mid-FY27.
Positive near-term outlook: US tariff reduction and ramp-up of new customer programs from Q1 FY27 are key growth triggers. Margin expansion guidance (22-22.5% EBITDA) and 12-14% 3-5 year CAGR outlook support recovery narrative, though near-term FY26 revenue remains flat YoY due to US weakness.