ROLEX RINGS LIMITED — Quarter and year ended 31st March, 2026
| Sr No | Particulars | Quarter Ended 31.03.2026 Audited (Refer Note 3) | Quarter Ended 31.12.2025 Unaudited | Quarter Ended 31.03.2025 Audited (Refer Note 3) | Year Ended 31.03.2026 Audited | Year Ended 31.03.2025 Audited |
|---|---|---|---|---|---|---|
| 1 | Income | |||||
| Revenue from operations | 3,056.92 | 2,748.37 | 2,838.87 | 11,434.95 | 11,548.02 | |
| Other income | 28.72 | 174.17 | 98.83 | 502.53 | 284.64 | |
| Total Income | 3,085.64 | 2,922.54 | 2,937.70 | 11,937.48 | 11,832.66 | |
| 2 | Expenses | |||||
| Cost of raw materials and components consumed | 1,457.25 | 1,146.62 | 1,566.99 | 5,422.44 | 5,941.98 | |
| (Increase) / Decrease in inventories of finished goods and work-in-progress | (73.92) | 267.19 | (56.12) | 124.94 | (95.69) | |
| Employee benefits expense | 188.72 | 168.54 | 169.03 | 719.88 | 688.97 | |
| Finance costs | 3.57 | 1.25 | 11.32 | 14.43 | 23.79 | |
| Depreciation and amortisation expenses | 93.78 | 94.19 | 116.39 | 371.25 | 404.20 | |
| Other expenses | 922.59 | 589.98 | 636.82 | 2,865.24 | 2,606.51 | |
| Total Expenses | 2,591.99 | 2,267.77 | 2,444.43 | 9,518.18 | 9,569.76 | |
| 3 | Profit before tax and exceptional items [1-2] | 493.65 | 654.77 | 493.27 | 2,419.30 | 2,262.90 |
| Exceptional items (net) Expense (refer note 4) | 491.95 | 24.46 | – | 516.41 | 186.00 | |
| 4 | Profit before tax | 1.70 | 630.31 | 493.27 | 1,902.89 | 2,076.90 |
| 5 | Tax expense | |||||
| Current tax (credit) / charge | (92.10) | 143.65 | 121.22 | 352.82 | 535.14 | |
| Adjustment of tax related to earlier periods | – | – | (175.98) | – | (175.98) | |
| Deferred tax expense/ (credits) | 95.29 | 9.13 | 1.64 | 139.09 | (22.23) | |
| Total tax expense / (credit) | 3.19 | 152.78 | (53.12) | 491.91 | 336.93 | |
| 6 | Net (loss) / profit after tax [4-5] | (1.49) | 477.53 | 546.39 | 1,410.98 | 1,739.97 |
| 7 | Other comprehensive income (net of tax) | |||||
| Items that will not be reclassified to profit and loss in subsequent periods: | ||||||
| Re-measurement (loss)/ gain on defined benefit plans | 4.59 | 0.88 | (2.19) | 4.97 | (0.99) | |
| Income tax effect on above | (1.15) | (0.23) | 0.55 | (1.25) | 0.25 | |
| Net Other comprehensive income/ (expense), net of tax | 3.44 | 0.65 | (1.64) | 3.72 | (0.74) | |
| 8 | Total comprehensive income [6+7] | 1.95 | 478.18 | 544.75 | 1,414.70 | 1,739.23 |
| 9 | Paid-up equity share capital (face value ₹1/- per share) | 272.33 | 272.33 | 272.33 | 272.33 | 272.33 |
| 10 | Other equity | 11,863.44 | 10,448.74 | |||
| 11 | Earning per share [not annualized for quarters] [refer note 5] | |||||
| Basic (₹) | (0.01) | 1.75 | 2.01 | 5.18 | 6.39 | |
| Diluted (₹) | (0.01) | 1.75 | 2.01 | 5.18 | 6.39 |
| Particulars | For the quarter ended (₹ in Millions) | For the year ended (₹ in Millions) |
|---|---|---|
| March 31, 2026 | Dec 31, 2025 | |
| March 31, 2025 | March 31, 2026 | |
| March 31, 2025 | ||
| 4(a) Right of Recompense (ROR) expense | 504.00 | – |
| 4(b) Impact due to implementation of new labour law | (12.05) | 24.46 |
| Exceptional Items – Expense (net) | 491.95 | 24.46 |
| Particulars | For the year ended 31.03.2026 Audited | For the year ended 31.03.2025 Audited |
|---|---|---|
| Cash Flow from operating activities | ||
| Profit after exceptional items and before tax | 1,902.89 | 2,076.90 |
| Adjustment to reconcile profit before tax to net cash flows | ||
| – Depreciation and amortization charges | 371.25 | 404.20 |
| – (Gain) on sale of property, plant and equipment (net) | (9.71) | (2.45) |
| – Provision pertaining to Right to Recompense | 504.00 | 186.00 |
| – Finance cost | 14.43 | 23.79 |
| – Unrealised (gain) on foreign exchange (net) | (86.57) | (27.15) |
| – Provision for doubtful advances | 5.15 | – |
| – Provision for doubtful debts written back | – | (0.92) |
| – Fair value gain on financial instrument at fair value through profit and loss (net) | (93.31) | (128.45) |
| – Interest income | (17.55) | (19.08) |
| Operating profit before working capital changes | 2,590.58 | 2,512.84 |
| Working capital adjustments: | ||
| – Increase / (Decrease) in trade payables | 13.91 | (106.57) |
| – Increase in other financial liabilities, other liabilities and provisions | 0.89 | 19.03 |
| – (Increase) / Decrease in trade receivables | (199.44) | 273.71 |
| – Decrease / (Increase) in inventories | 89.66 | (34.83) |
| – (Increase) / Decrease in loans, other financial assets and other assets | (118.54) | 141.99 |
| Cash generated from operations | 2,377.06 | 2,806.17 |
| – Direct taxes paid (net of refunds) | (481.21) | (533.73) |
| Net cash flows generated from operating activities (A) | 1,895.85 | 2,272.44 |
| Cash flows from investing activities: | ||
| – Purchase of property, plant and equipment and intangible assets, (including capital advances) and capital work in progress | (357.37) | (523.18) |
| – Proceeds from sale of property, plant and equipment | 11.92 | 21.97 |
| – Investment in deposits with original maturity more than three months | (18.83) | (21.87) |
| – Purchase of current investments in mutual funds | (1,946.38) | (2,180.52) |
| – Proceeds from redemption of current investments in mutual funds | 1,767.03 | 773.99 |
| – Interest received | 17.55 | 19.08 |
| Net cash flows (used in) investing activities (B) | (526.08) | (1,910.53) |
| Cash flows from financing activities: | ||
| – Repayment of short-term borrowings (net) | (141.09) | (39.12) |
| – Payment of principal portion of lease liabilities | – | (0.05) |
| – Payment towards Right to Recompense liability | (1,010.00) | – |
| – Interest paid | (14.43) | (22.64) |
| Net cash flows (used in) financing activities (C) | (1,165.52) | (61.81) |
| Net Increase in cash and cash equivalents (A + B + C) | 204.25 | 300.10 |
| – Cash and cash equivalents at the beginning of the year | 488.81 | 188.71 |
| Cash and cash equivalents at the end of the year | 693.06 | 488.81 |
| Components of cash and cash equivalents: | ||
| – Cash on hand | 0.24 | 0.30 |
| – Balances with banks | ||
| – On current accounts | 7.76 | 25.66 |
| – In Exchange Earners Foreign Currency (EEFC) accounts | 685.06 | 462.78 |
| – In fixed deposits | – | 0.07 |
| Total cash and cash equivalents | 693.06 | 488.81 |
| Particulars | As at 31.03.2026 (Audited) | As at 31.03.2025 (Audited) |
|---|---|---|
| Assets | ||
| Non-current assets | ||
| Property, plant and equipment | 4,462.24 | 4,439.90 |
| Capital work-in-progress | 385.82 | 343.89 |
| Intangible assets | 7.31 | 4.07 |
| Right of use assets | – | 0.10 |
| Financial assets | ||
| (a) Other financial assets | 200.27 | 90.49 |
| Income tax assets (net) | 155.58 | 35.67 |
| Other non-current assets | 19.36 | 110.28 |
| Total non-current assets | 5,230.58 | 5,024.40 |
| Current assets | ||
| Inventories | 2,349.84 | 2,439.50 |
| Financial assets | ||
| (a) Investments | 2,882.46 | 2,609.80 |
| (b) Trade receivables | 2,196.27 | 1,926.85 |
| (c) Cash and cash equivalents | 693.06 | 488.81 |
| (d) Bank balances other than Cash and cash equivalents | 98.51 | 190.96 |
| (e) Loans | 0.30 | 0.44 |
| (f) Other financial assets | 45.19 | 46.27 |
| Other current assets | 215.25 | 95.05 |
| Total current assets | 8,480.88 | 7,797.68 |
| Total Assets | 13,711.46 | 12,822.08 |
| Equity and liabilities | ||
| Equity | ||
| Equity Share Capital | 272.33 | 272.33 |
| Other equity | 11,863.44 | 10,448.74 |
| Total equity | 12,135.77 | 10,721.07 |
| Liabilities | ||
| Non-Current liabilities: | ||
| Financial liabilities | ||
| (a) Lease liabilities | – | 0.06 |
| Provisions | 40.71 | 47.57 |
| Income tax liabilities (net) | 3.33 | 3.33 |
| Deferred tax liabilities (net) | 508.32 | 367.98 |
| Total non-current liabilities | 552.36 | 418.94 |
| Current liabilities: | ||
| Financial liabilities | ||
| (a) Borrowings | – | 141.09 |
| (b) Lease liabilities | – | 0.33 |
| (c) Trade payables | ||
| – Total outstanding dues of Micro Enterprises and Small Enterprises | 85.37 | 37.43 |
| – Total outstanding dues of creditors other than Micro Enterprises & Small Enterprises | 835.16 | 863.84 |
| (d) Other financial liabilities | 73.19 | 74.31 |
| Provisions | 10.23 | 515.65 |
| Other liabilities | 19.38 | 40.94 |
| Current tax liabilities (net) | – | 8.48 |
| Total current liabilities | 1,023.33 | 1,682.07 |
| Total liabilities | 1,575.69 | 2,101.01 |
| Total Equity and Liabilities | 13,711.46 | 12,822.08 |