Makes forged and machined bearing rings and auto components for domestic and overseas vehicle and industrial customers, split across a forging operation and a machining operation. In FY26, gross revenue was allocated across four lines: Domestic bearing INR 386 cr, Domestic auto INR 170 cr, Export bearing INR 154 cr, and Export auto INR 350 cr, against consolidated revenue from operations of INR 1,144 cr. US exports declined roughly 30% year-on-year under tariff disruption, while Europe revenue grew around 25% and domestic revenue rose about 50%, leaving total revenue broadly flat YoY. Raw materials, mainly steel, are the largest cost at 47.4% of revenue, followed by other operating expenses at 25.1% and employee costs at 6.3%. FY26 gross margin stood at 51.5% (versus 49.4% in FY25) and operating EBITDA margin held above 20%. The Right of Recompense obligation of INR 101 cr was fully settled on March 31, 2026, leaving the company debt-free with cash of INR 367 cr and FY27 capex guided at roughly INR 50 cr. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Domestic bearing rings, Domestic auto components, Export bearing rings, Export auto components. Forging-and-machining auto component manufacturer with global vehicle and industrial exposure
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1,017 | 1,179 | 1,222 | 1,155 | 1,143 |
| EBITDA (ex other income) | 229 | 261 | 230 | 222 | 179 |
| margin % | 22.5 | 22.1 | 18.8 | 19.2 | 15.6 |
| Owners' profit | 132 | 198 | 156 | 174 | 141 |
| EPS, as reported (₹) | 50.23 | 72.74 | 57.30 | 63.89 | 5.18 |
| ROE % · ROCE % | 24.2 · 33.2 | 26.7 · 31.3 | 17.4 · 22.1 | 16.2 · 18.9 | 11.6 · 15.1 |
| Debt / equity (x) | 0.41 | 0.11 | 0.02 | 0.01 | 0.00 |
| Cash from operations | 59 | 213 | 221 | 227 | 190 |
| Capex | (70) | (42) | (55) | (52) | (36) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 300 | 260 | 284 | 292 | 271 | 275 | 306 | 304 |
| Profit before tax | 65 | 27 | 49 | 68 | 59 | 63 | 0 | 79 |
| Net profit | 49 | 20 | 55 | 49 | 44 | 48 | (0) | 60 |
| EPS (₹) | 18.09 | 7.41 | 20.06 | 18.05 | 1.73 | 1.75 | (0.01) | 2.21 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| SAMVRDHNA MTHRSN INTL LTD | 1,73,567 | 39.6 | 3.98 | 15.4 | 9.4 | 8.2 | 17.1 | 9.0 |
| BOSCH LIMITED | 1,42,736 | 60.4 | 9.61 | 35.1 | 18.7 | 24.1 | 15.6 | 17.9 |
| BHARAT FORGE LTD | 92,992 | 131.7 | 9.73 | 33.3 | 11.4 | 13.2 | 21.6 | 8.8 |
| UNO MINDA LIMITED | 69,386 | 57.6 | 9.56 | 31.7 | 17.7 | 15.7 | 25.3 | 10.4 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 11 Sept 2026 · Rolex Rings to attend investor conference in Singapore on Sept 18 | board shareholder meetings | low | — | — |
| 11 Sept 2026 · Rolex Rings to attend Equirus investor conference in Hong Kong on Sept 17 | board shareholder meetings | low | — | — |
| 8 Sept 2026 · Investor group meeting scheduled on 11 Sept 2026 in Rajkot | board shareholder meetings | low | — | — |
| 8 Sept 2026 · Newspaper Publication of 24th AGM Notice | compliance | minimal | — | — |
| 2 Sept 2026 · Letter to shareholders without registered email about 24th AGM notice and annual report | compliance | minimal | — | — |
| 2 Sept 2026 · Rolex Rings files BRSR for FY 2025-26 | compliance | medium | — | — |
| 2 Sept 2026 · FY26 Annual Report and 24th AGM Notice filed | board shareholder meetings | medium | — | — |
| 2 Sept 2026 · Rolex Rings 24th AGM on Sep 24, 2026 with FY26 Annual Report | board shareholder meetings | medium | — | — |
| 2 Sept 2026 · Notice of 24th AGM published in newspapers | compliance | minimal | — | — |
| 20 Aug 2026 · Rolex Rings to meet analysts and investors on 27 August 2026 | board shareholder meetings | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| SCHAEFFLER INDIA LIMITED |
| 61,739 |
| 49.3 |
| 10.04 |
| — |
| 10.4 |
| 14.1 |
| — |
| 19.4 |
| TUBE INVEST OF INDIA LTD | 50,454 | 83.1 | 3.55 | 19.5 | 7.9 | 12.4 | 30.3 | 10.6 |
| SONA BLW PRECISION FRGS L | 49,016 | 70.4 | 7.99 | 42.6 | 10.3 | 12.9 | — | 25.1 |
| ENDURANCE TECHNO. LTD. | 37,964 | 39.1 | 5.55 | 18.6 | 13.9 | 15.6 | 17.4 | 13.2 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 30.3 | 26.7 | 72 of 123 | 42% |
| P/B | 3.9 | 3.5 | 62 of 116 | 47% |
| ROCE | 15.0 | 12.6 | 48 of 125 | 62% |
| ROE | 11.6 | 11.6 | 60 of 119 | 50% |
| Debt / Equity | 0.0 | 0.3 | 3 of 119 | 83% |
| EBITDA margin | 29.1 | 12.2 | 5 of 118 | 97% |
| Revenue growth | 4.4 | 20.2 | 98 of 113 | 13% |
| Profit growth | 22.4 | 24.4 | 59 of 115 | 49% |
| Market cap | 4684 | 1542 | 42 of 125 | 67% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.