Financials Rolex Rings Limited

Equities

ROLEXRINGS

INE645S01016

Industrial Machinery & Equipment

Delayed NSE India S.E. 08:03:55 24/05/2024 BST 5-day change 1st Jan Change
2,432 INR -0.70% Intraday chart for Rolex Rings Limited +5.58% -3.50%

Valuation

Fiscal Period: March 2023 2024 2025 2026
Capitalization 1 54,527 66,697 - -
Enterprise Value (EV) 1 54,527 47,617 66,697 66,697
P/E ratio 27.5 x 30.5 x 30.1 x 24.5 x
Yield - - 0.65% 0.82%
Capitalization / Revenue 4.62 x 3.9 x 4.72 x 3.99 x
EV / Revenue 4.62 x 3.9 x 4.72 x 3.99 x
EV / EBITDA 20.9 x 18.2 x 20.9 x 17.1 x
EV / FCF 31,864,689 x - 31,416,441 x 33,787,794 x
FCF Yield 0% - 0% 0%
Price to Book 7.34 x 7.22 x 6.04 x 4.91 x
Nbr of stocks (in thousands) 27,233 27,233 - -
Reference price 2 2,002 2,449 2,449 2,449
Announcement Date 25/05/23 20/05/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2022 2023 2024 2025 2026
Net sales 1 - 11,790 12,218 14,124 16,721
EBITDA 1 - 2,607 2,620 3,184 3,894
EBIT 1 - 2,338 2,293 2,815 3,459
Operating Margin - 19.83% 18.77% 19.93% 20.69%
Earnings before Tax (EBT) 1 - 2,433 2,097 2,966 3,652
Net income 1 1,319 1,981 1,560 2,212 2,725
Net margin - 16.8% 12.77% 15.66% 16.29%
EPS 2 - 72.74 57.30 81.23 100.1
Free Cash Flow - 1,711 - 2,123 1,974
FCF margin - 14.51% - 15.03% 11.81%
FCF Conversion (EBITDA) - 65.63% - 66.68% 50.7%
FCF Conversion (Net income) - 86.38% - 95.98% 72.45%
Dividend per Share - - - 16.00 20.10
Announcement Date 23/05/22 25/05/23 20/05/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 2,868 2,897 3,083 2,995 3,113 3,165 3,231 3,074
EBITDA 1 640.2 636.8 684.2 645.9 699.4 700.5 733 687.3
EBIT 577.2 571.2 617.1 572.4 - - 622 545
Operating Margin 20.13% 19.72% 20.02% 19.11% - - 19.25% 17.73%
Earnings before Tax (EBT) 607.6 605 649.1 570.8 - - - -
Net income 1 497.2 491.8 527.9 464.1 484.4 491.5 495 453
Net margin 17.34% 16.98% 17.12% 15.5% 15.56% 15.53% 15.32% 14.74%
EPS 18.26 18.06 19.39 17.04 - - 18.00 16.20
Dividend per Share - - - - - - - -
Announcement Date 05/08/22 09/11/22 07/02/23 25/05/23 10/08/23 - - -
1INR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2022 2023 2024 2025 2026
Net Debt - - - - -
Net Cash position - - - - -
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow - 1,711 - 2,123 1,974
ROE (net income / shareholders' equity) - 30.8% 21.5% 21.7% 22.3%
ROA (Net income/ Total Assets) - - - - -
Assets 1 - - - - -
Book Value Per Share 2 - 273.0 339.0 406.0 499.0
Cash Flow per Share - - - - -
Capex 1 - 423 500 467 483
Capex / Sales - 3.59% 4.14% 3.3% 2.89%
Announcement Date 23/05/22 25/05/23 20/05/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
D+
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