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ROLEX ROLLED RINGS ROLEX RINGS LIMITED FORGING BRILLIANCE , SHAPING GREENER FUTURE Investor Presentation August 2026
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Safe Harbor 2 This presentation and the accompanying slides (the “Presentation”), which have been prepared by Rolex Rings Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment what so ever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the company’s ability to successfully implement its strategy, the Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks. The Company’s actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third party statements and projections.
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Q1 FY27 Financial Highlights
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Chairman & MD’s Message 4 “We have had a good start to FY27. Revenue grew by 4% to Rs. 304 crores with Gross Margins & profitability improving. Our order book stayed healthy through the quarter. The constraint was labour availability, not demand. A shortage of workers on the shop floor meant we couldn't convert that order book into output at the pace we wanted. We are glad to report that the labour situation improved from June onwards, and by the start of Q2 FY27, our operations were back to running normally. The real highlight of the quarter was our export business. Exports grew well this quarter and now make up more than half of our component sales, led by strong growth in automotive components. What stands out most is a change in customer behaviour - buyers who had been cautious and holding back through FY26 are now placing orders again with confidence. This shift matters because it tells us that demand overseas is genuinely picking up. Despite the US imposing tariffs, business has not been affected and is coming back to normalcy. On capital allocation, we followed through on a commitment we made back in April: Rs. 180 crore buyback got concluded during the quarter, with the Promoter Group choosing not to participate so that the full benefit flowed to our public shareholders. Aso of today, we are fully debt-free and clear of all legacy CDR obligations. We see this as the first of many steps in returning value to shareholders in a business with a much cleaner capital structure. Looking ahead, with the labour situation normalized, US re-engaging, and Europe continuing to build on our expanding automotive presence there, we head into the rest of FY27 with confidence with a mid-teen growth guidance and in our ambition to be the most trusted precision forging partner for the world's leading bearing and automotive OEMs Manesh Madeka Chairman & MD
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Q1 FY27 Key Performance Highlights 5 Revenue Bearing Rings (A) Rs. 118 Crs. (-6% YoY) Revenue Auto Components (B) Rs. 163 Crs. (+13% YoY) Total Revenue (A + B) and also includes scrap revenue & export incentives Rs. 304 Crs. (+4% YoY) Gross Profit & GP Margin Rs. 169 Crs. GP Margin : 56% Bearing Rings (Regional Mix) EBITDA (excl. other income) Rs. 69 Crs. (+12% YoY) PAT Margin 19.8% (+290 bps YoY) EBITDA Margin (excl. other income) 22.6% (+150 bps YoY) Profit After Tax Rs. 60 Crs. (+22% YoY) 73% 27% Domestic Exports 28% 72% Auto Components (Regional Mix) Domestic Exports
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Q1 FY27 Profit & Loss Statement 6 Particulars (Rs. Crs.) Q1 FY27 Q1 FY26 YoY Revenue from Operations 304.3 291.6 4% Raw Material & Change in Inventory 135.0 143.7 Gross Profit 169.3 147.9 15% Gross Margin % 55.6% 50.7% 490 bps Employee costs 19.6 17.6 Other expenses 81.0 68.6 EBITDA 68.7 61.6 12% EBITDA Margin % 22.6% 21.1% 150 bps Other Income 19.8 15.6 Depreciation 9.0 9.0 EBIT 79.5 68.2 17% EBIT Margin % 26.1% 23.4% 270 bps Finance Cost 0.2 0.2 Profit before tax 79.3 68.0 17% PBT Margin % 26.1% 23.3% 270 bps Tax 19.1 18.8 Profit After Tax 60.2 49.2 22% PAT Margin % 19.8% 16.9% 290 bps EPS (Rs.) 2.21 1.81 22% Revenue from operations in Q1 FY27 was impacted by a labour shortage, despite a healthy order book. However, the labour situation normalized from June onwards, and by the start of Q2 FY27, our operations were back to running normally.
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ABOUT THE COMPANY
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About Rolex Rings 8 56% 44% India Exports Geography Wise (%) 47% 45% 8% Bearing Rings Automotive Component Others Product Category Mix (%) Rolex Rings is one of India’s top manufacturer and global supplier of Forged and machined components, supplying parts to more than 17 countries in Europe, South America, North America and Asia 5th Largest Forging Capacity in India Revenue Mix (FY26) ✓ One of the key supplier of Bearing Rings in India and supplier to most of the leading bearing companies ✓ Tier-1 supplier to global auto companies Diverse Product Portfolio 1,65,000 MTPA Production Capacity 14 Countries Global Presence 75+ Million Machining Capacity (pcs/year) ✓ Manufacturing infrastructure includes combination of multiple high-speed hot formers from Sakamura, Hatebur, Enomoto, Eumuco, & Kurimoto ✓ Existing Machining Lines consist of CNC/VMC spindles from DMG, FUJI, Hyundai, Mazak, Muratec, ACE, TSUGAMI Manufacturing Infrastructure 57 Customers Customer Diversification Corporate Video – LINK
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Our Journey 9 1980 Rolex Rings established 1980 - 1991 ✓ Started manufacturing of bearing rings with traditional forging ✓ IEC obtained for exports ✓ Unit 1 Commissioned 1991 - 1998 ✓ Upgraded forging facility installed ✓ Initial exports with a leading European customer as the anchor; established global bearing ring credentials ✓ First Exports to Brazil & France 2002 - 2005 ✓ Sakamura HBP-160 machine (Japanese High speed hot Former) purchased - 170 strokers per/min ✓ One of the largest manufacturer of hot forged rolled rings in India. 2007 - 2009 ✓ Private Equity Invested - Rivendell PE Investment received ~Rs. 150 Crs. ✓ Unit 2 Commissioned 2010 - 2012 ✓ Installed SMS Meer (German forging line) ✓ HM75 installed in 2012 along with SMS rolling line from France 2013 - 2018 2021 2022 - 2024 2025 - 2026 ✓ Auto pivot via a leading global OEM ✓ Expanded to 2W–HCV range ✓ Installed HM-35 (Swiss High speed hot Former) ✓ Unit 3 Commissioned ✓ Company went in RBI CDR scheme Listing on NSE & BSE on 9th August 2021 ✓ Net cash positive by FY22; (Zero Debt Company – Out of CDR Scheme) ✓ Commissioned 16MW solar power plant Additional 12MW solar capacity under installation ✓ EV platform ramp up ✓ Rs. 101 Crs. CDR recompense settled ✓ The Company announced a Rs. 180 Crs. buyback (1 Crs. shares @ Rs. 180/share) in April 2026; Promoters have opted not to tender their shares, signaling strong long-term conviction in the business
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Key Products Categories 10 Automotive Components 47% of Revenue (FY26) 45% of Revenue (FY26) Inner & outer rings for tapered, cylindrical, spherical, angular-contact bearings Deep groove ball bearing rings (DGBB), self-aligning ball bearing (SPB) Railway bearing components & industrial-grade rings Product Range: 20 mm ID to 90 mm OD; 0.01 kg to 163+ kg per ring Supplies a diverse portfolio of components to manufacturing plants worldwide. Serving few of the largest global industrial groups at their multilocation plant. Hot forged & ring-rolled; significant higher-value machined components Key Customers: Leading industrial customers across the USA, India, Canada, France, and South Africa Bearing Rings Transmission: Gear blanks, ring gears, sun & pinion gears, lock nuts Chassis: Wheel hubs, Gen-2 & Gen-3 hub bearing units, output shafts CVJ components, differential components, driveline parts Product Weight Range: 200 g to 125 kg per component Covers full vehicle spectrum: 2-wheelers to HCVs and off- highway Auto vertical started with Global OEMs in 2014–15 post-CDR recovery New OEM Customers: Engaging with leading global OEMs across conventional and EV platform programs, while expanding penetration in the domestic market
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Strategically Located State-of-the-art Manufacturing Facilities 11 Rajkot, Gujarat 3 Manufacturing Units at Rajkot, Gujarat • Unit I: Forging, Heat Treatment and Shot Blasting • Unit 2: Forging, Heat Treatment, Shot blasting, cold rolling, Machining, Quality control & testing, Packing and dispatch • Unit 3: Tool & die making, shot blasting, machining, quality control and testing, finished good warehouse, packing and dispatch Map not to Scale Mundra Port Pipavav • Rajkot is ~250 km from Mundra and Pipavav ports and 700 km from Mumbai port • Location at Rajkot helps the Company cater to access the various automotive clusters in North India, West India and South India • Leverage the presence of smaller machining units in Rajkot which the company opportunistically uses for premachining; • Presence of trained manpower Forging Infrastructure Machining Infrastructure In-house tool making • 26 forging lines. Combined installed capacity of 1,65,000 MTPA • Includes high-speed hot formers from Sakamura and Hatebur; vertical forging lines from Manyo, Mistubishi, SMS Meer, Enomoto and Eumoco and conventional forging lines integrated with induction heating furnaces • 625 spindles with a combined installed capacity of 75 million parts per annum • Machines sourced from global manufacturers like DMG, FUJI, ACE, TSUGAMI, Hyundai, Mazak, Muratec and domestic CNC turning machines • In-house tool making done through CNC machine programming with relevant 2D drawing, 3D model & other machines HM 75XL HBP 120 SS Tool Design Room Port
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End-to-end capabilities to ensure quality control 12 Engineering, design and procurement Engineering, design, tooling and die-making Raw Material Procurement • Converts customer designs, drawings and inputs into actionable part drawings, cost estimates, process parameters, monitoring protocols, production simulation, trial runs, sample preparation; • Tool making is done through CNC machine programming with relevant 2D drawing, 3D model and other machines • Raw material – sourced from customer approved vendors Quality Control & Testing Manufacturing Process FORGING • Diversified forging infrastructure converts steel rods into rings/ gear blanks/ other shapes as required • High-speed hot formers are best suited for high volume precision components while vertical forging lines are ideally suited for medium as well as lower volume production HEAT TREATMENT • Heat treatment provide the proper hardness & wear • Normalizing, Spherodize annealing, Iso-annealing, Hardening and tempering, Case carburizing and Induction hardening COLD ROLLING • Components are passed through one or more pairs of rolls to reduce the thickness, increase diameter, to make the thickness uniform, to impart desired mechanical properties and improve yield in manufacturing process MACHINING • Pre-Machining - forged parts are pre-machined on conventional lathe and manually operated CNC turning centres; • CNC Turning & Vertical Machining Centres (“VMC”) - milling, grooving, facing, threading, drilling, boring etc.
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Future Growth Strategies 13 Customer Market Diversification Product & Technology Innovation Operational Excellence ✓ Expanding global sales footprint beyond US/EU into high-growth Asia-Pacific and Middle East markets to reduce regional dependency risk. ✓ Strengthening presence across EVs, renewables, industrial automation, and aerospace sectors. ✓ Enhancing end-to-end capabilities by scaling design-to-manufacture operations ✓ Scaling advanced machining capabilities for complex, critical-tolerance parts, leveraging closed-die, near-net shaping, and precision engineering to access core OEM programs. ✓ Driving smart manufacturing through AI-led real-time quality checks and predictive maintenance systems. ✓ Strengthening operational efficiency and compliance via integrated ERP and PLM systems ensuring full traceability ✓ Driving lean operations by reducing waste, improving yields, and upskilling workforce on a digitized shop floor. ✓ Advancing green initiatives through renewable energy adoption, closed-loop cooling, and water recycling to optimize cost and sustainability. ✓ Building a resilient supply chain with multi-sourcing strategies and digital tools for real-time risk monitoring and continuity Rolex Rings’ strategy blends diversification, innovation, operational excellence, and sustainability. The company is on a multi-year journey to move up the value chain from core ring forging to advanced, precision -engineered assemblies for automotive, EVs, railways, and high-performance machinery
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Bearing Industry Favourable macro tailwinds across global bearings & Indian forging markets 14 $301 Bn. Global Bearings Market by 2033 (~9% CAGR) $12.8 Bn. India Forging Market by 2032 (7.4% CAGR) $10.7 Tn. Global Metals Market by 2029 from $8.43 Tn. ~37% CAGR India EV Market FY24–FY30 projected growth ✓ India bearing market dominated by SKF, Schaeffler, Timken, NBC, NSK Top 5 hold ~80% share ✓ Bearing rings are the largest raw material cost (~18% of bearing market size, i.e. Rs. 2,200 Crs.) ✓ Forged bearing rings command premium over tube-based rings for high-load critical applications ✓ Asia accounts for ~50% of global bearing demand, Europe ~22%, Americas ~22% Bearing Industry Dynamics Customer stickiness is high 7 out of top 10 customers associated >15 years with Rolex Rings Limited ✓ India ranks among top 5 global forging nations; market CAGR of 7.4% projected through 2032 ✓ Automotive demand (EVs, hybrids) driving demand for lighter, stronger forged components ✓ China+1 strategy: Western OEMs diversifying supply chains towards India ✓ 'Make in India', PLI schemes boosting domestic manufacturing competitiveness ✓ Aerospace & defence indigenization creating new premium demand for precision forgings Indian Forging Sector EV & Hybrid Vehicle Boom Renewable Energy Growth China+1 Supply Shift India Manufacturing PLI Schemes Railway & Infrastructure Key Industry Tailwinds Source: Grand View Research, Persistence Market Research, ACMA
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Awards & Recognition 15 Supplier quality excellence award 2014-2022 Zero PPM Award 2022 Q1 Certificate in 2021 SQ Certificate in 2014 Best supplier award in 2014,2016 and 2022 Best supplier award 2022 &2023 Quality Award - 2025 Green Category Supplier Quality Excellence Award consecutively from 2014 to 2022, reflecting nearly a decade of sustained quality performance. Zero PPM Award in 2022, recognizing its achievement of zero-defect supply — a benchmark of manufacturing excellence. Earned the prestigious Q1 Certificate in 2021, one of the most rigorous supplier quality certifications in the global automotive industry The SQ (Supplier Quality) Certificate in 2014 acknowledges Rolex Rings' adherence to stringent supplier quality standards Recognized as Best Supplier multiple times — in 2014, 2016, and 2022 — underscoring its long-standing reliability and excellence Received the Best Supplier Award in both 2022 and 2023, reflecting consistent performance and partnership strength.. Honored with the Quality Award in 2025, one of its most recent global recognitions in the commercial vehicle braking systems segment.. Green Category Supplier status, the highest supplier classification awarded for quality and delivery excellence.
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Experienced Leadership 16 Mr. Manesh Madeka Mr. Bhautik Madeka Mr. Mihir Madeka Mr. Pravinchandra Dholakia Mr. Ashit Vankani Mr. Jignasa Mehta Chairman & Managing Director Wholetime Director Wholetime Director Independent Director Independent Director Independent Director ✓ Founded the company in 1987 & has over 39+ years of work experience ✓ Versatile entrepreneur with experience across marketing, production & finance. ✓ Commerce graduate from Ranchi University with 24+ years’ experience in production, planning and control; joined the Company in 2002. ✓ Engineering graduate from Nagpur University with 20+ years’ marketing experience. ✓ Specializing in customer and product development; joined the Company in 2002. ✓ ICAI fellow and practicing Chartered Accountant since 1974, bringing over 50+ years of experience; Senior Partner at P.R. Dholakia & Co. ✓ Director at Jyoti CNC Automation, Radhika Jeweltech, and Davat Beverages ✓ Diploma holder in Electrical & Mechanical Engineering from Government Polytechnic, Rajkot; Partner at National Wire Products since 1975 with over 35+ years of experience ✓ Ph.D. in Mechanical Engineering and Gold medalist with 18+years of academic and leadership experience. ✓ Dean, School of Engineering at Darshan University; Director at Jyoti CNC Automation Limited
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ESG & Sustainability Initiatives 17 Carbon Reduction Footprint Total installed Renewable (Green) energy 21.55 MW 3.75 MW 17.8 MW ✓ Rooftop Solar power plant 2.3 MW ✓ Ground Mounted Solar Power plant 15.5 MW ✓ Windmill power station 3.75MW ✓ Additional 9MW solar plant to be setup by Mid - CY2026 Plan to reach 60% consumption from renewable energy by 2030 through own green power generation subject to government policy and approvals Other Sustainability Initiatives Rolex Rings continues to strengthen its commitment towards sustainability through focused environmental initiatives: • Afforestation: The Company has planted approximately 12,000+ trees over the past five years at a site located ~22 km from Rajkot. This effort is ongoing, with an additional 500+ trees planted annually, contributing to carbon sequestration and ecological restoration. • Water Management: Wastewater is systematically treated and reused for gardening and other internal applications, ensuring efficient water conservation and reduced freshwater dependency. • Circular Waste Management: • Canteen waste is processed through a biogas plant, with the generated gas being utilized for cooking purposes, promoting renewable energy use. • An oil-water separator system is deployed to effectively segregate oil from water, enabling reuse within plant operations and minimizing environmental discharge.
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Rewarding Shareholders 18 The Comeback Story From financial stress to rewarding shareholders 2013 2022 2026 Entered CDR Admitted to Corporate Debt Restructuring Exited CDR — Zero Debt Successfully cleared all dues and exited CDR. Became a completely debt-free company RoR of Rs. 101 Crs. settled The Company honored its Right of Recompense (RoR) with payments aggregating to Rs. 101 crore to consortium lenders With the Right to Recompose (RoR) payment completed, the Company now has full flexibility to reward shareholders Buyback Announced in April 2026 Rs. 180 Crs. Buyback Size 1 Cr. Equity Shares proposed for Buyback representing 3.67% of total paid up capital Rs. 180 per Equity Share Buyback Price per share Non participation by Promoters in Buyback Members of the promoter and promoter group of the Company have indicated their intention not to participate in the proposed Buyback
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HISTORICAL FINANCIALS
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Key Financial Parameters (1/2) 20 Revenue – Bearing Rings 559 563 570 485 539 FY22 FY23 FY24 FY25 FY26 -1% Revenue – Automotive Components 376 532 557 576 520 FY22 FY23 FY24 FY25 FY26 +8% Total Revenue from Operations 1,017 1,179 1,222 1,155 1,143 FY22 FY23 FY24 FY25 FY26 +3% EBITDA & EBITDA Margins 229 261 262 241 230 FY22 FY23 FY24 FY25 FY26 0% Rs. Crs. Adjusted Profit After Tax & PAT Margins* 132 198 188 193 193 FY22 FY23 FY24 FY25 FY26* +10% RoCE & RoE Working Capital (# Days) 41 36 71 71 67 65 66 170 157 144 151 158 FY22 FY23 32 FY24 30 FY25 29 FY26 Net Debt 223 81 18 1420 34 136 329 367 FY22 FY23 FY24 FY25 FY26 0 We are a NET CASH Company 22.7% 22.1% 21.4% 20.1% 13.1% 16.8% 15.4% 16.7% 16.9% Inventory Debtors Creditors FY22 FY23 FY24 FY25 FY26 28.0% 24.2% 30.7% 26.7% 26.7% 20.9% 21.1% 18.0% 20.1% 15.9% RoCE RoE 20.8% 201 192 179 195186 Working Capital Days Gross Debt Cash & Cash equivalents (incl. Investments) *Excludes the impact of the RoR settlement of ₹101 crore. The company had already provided ₹18.6 crore in FY25 and ₹32.0 crore in FY24; the remaining ₹49.2 c rore has been recognized in Q4 FY26 RoCE & RoE is calculated on adjusted PAT Includes other operating revenue such as scrap sales, export incentives and windmill
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Key Financial Parameters (2/2) 21 Revenue mix by indicative end-user industries Geographical Mix (Domestic / Exports) Operating Cash Flows & Capex (Rs. Crs.) Revenues from operations (excluding scrap sales and other operating income) 7.1%26.1%26.4%40.0%FY22 5.6%27.8%24.1%42.5%FY23 10.8%28.7%20.3%40.3%FY24 7.7%28.7%17.1%46.5%FY25 7.7%21.9%18.3%52.1%FY26 PV Industrial CV & HCV BEW & Hybrid 53.6%46.4%FY22 55.4%44.6%FY23 52.0%48.0%FY24 48.0%52.0%FY25 55.9%44.1%FY26 Export Domestic 59 214 222 227 190 70 42 55 52 36 FY22 FY23 FY24 FY25 FY26 Operating Cash Flow CAPEX
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Historical Profit & Loss Statement 22 Particulars (Rs. Crs.) FY26 FY25 FY24 FY23 FY22 Revenue from Operations 1,143.5 1,154.8 1,221.8 1,179.0 1,010.2 Raw Material & Change in Inventory 554.7 584.6 627.2 599.8 464.1 Gross Profit 588.8 570.2 594.6 579.1 546.1 Gross Margin % 51.5% 49.4% 48.7% 49.1% 54.1% Employee costs 72.0 68.9 64.4 59.2 58.8 Other expenses 286.5 260.7 268.3 259.3 258.4 EBITDA 230.2 240.6 262.0 260.7 228.9 EBITDA Margin % 20.1% 20.8% 21.4% 22.1% 22.7% Other Income 50.3 28.5 15.1 19.3 11.4 Depreciation 37.1 40.4 32.6 26.9 25.6 EBIT 243.4 228.7 244.4 253.1 214.8 EBIT Margin % 21.3% 19.8% 20.0% 21.5% 21.3% Finance Cost 1.4 2.4 2.7 9.8 20.4 Profit Before Exceptional Items 241.9 226.3 241.7 243.3 194.4 Exceptional Items 51.6 18.6 32.0 0.0 0.0 Profit before tax 190.3 207.7 209.7 243.3 194.4 PBT Margin % 16.6% 18.0% 17.2% 20.6% 19.2% Tax 49.2 33.7 53.7 45.2 62.5 Profit After Tax 141.1 174.0 156.0 198.1 131.9 PAT Margin % 12.3% 15.1% 12.8% 16.8% 13.1% EPS (Rs) 5.18 6.39 5.73 7.27 4.88 Adjusted PAT (Excl. Exceptional Items) 192.7 192.6 188.0 - - Adjusted PAT Margins % 16.9% 16.7% 15.4% - - EPS (Rs) 7.07 7.07 6.90 - - The Company’s debt was restructured under the Corporate Debt Restructuring (CDR) mechanism in 2013, pursuant to which the lenders retained a Right of Recompense (RoR) for the reliefs granted under CDR. The Company has requested a waiver of these RoR rights and has created total provisions of ₹50.6 crore towards this obligation, comprising ₹32.0 crore in FY24 and ₹18.6 crore in FY25. Further, in FY26, the Company honored its RoR obligations, with payments aggregating to ₹101 crore to consortium lenders
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Historical Balance Sheet 23 Assets (Rs. Crs.) Mar-26 Mar-25 Mar-24 Mar-23 Mar-22 Non-Current Assets 523.1 502.4 495.9 468.7 447.2 Property, Plant & equipment 446.2 444.0 465.9 390.2 378.9 CWIP 38.6 34.4 4.1 45.8 46.0 Intangible assets 0.7 0.4 0.5 0.6 0.8 Right of use asset 0.0 0.0 0.0 0.0 0.0 Financial assets Other financial assets 20.0 9.0 15.7 11.6 4.2 Income tax assets (net) 15.6 3.6 2.0 2.0 2.0 Other non-current assets 1.9 11.0 7.7 18.4 15.5 Current Assets 848.1 779.8 625.0 544.6 537.8 Inventories 235.0 244.0 240.5 255.6 261.7 Financial assets (i) Investments 288.2 261.0 107.5 (ii) Trade receivables 219.6 192.7 217.6 228.5 230.5 (iii) Cash and cash equivalents 69.3 48.9 18.9 21.7 3.8 (iv) Bank balances other than cash 9.9 19.1 9.9 12.7 16.2 (v) Loans 0.0 0.0 0.0 0.0 0.0 Other financial assets 4.5 4.6 4.3 7.6 10.4 Current tax assets (net) 1.5 0.0 Other current assets 21.5 9.5 24.9 18.6 15.2 Total Assets 1,371.1 1,282.2 1,120.9 1,013.3 985.0 Equities & Liabilities (Rs. Crs.) Mar-26 Mar-25 Mar-24 Mar-23 Mar-22 Total Equity 1,213.6 1,072.1 898.2 743.0 544.8 Equity Share Capital 27.2 27.2 27.2 27.2 27.2 Reserve & Surplus 1,186.3 1,044.9 871.0 715.8 517.6 Non-Current liabilities 55.2 41.9 61.4 65.6 102.6 Financial liabilities (i) Borrowings 20.5 (ii) Lease Liabilities 0.0 0.0 0.0 0.0 Provisions 4.1 4.8 4.4 3.2 3.4 Income tax liabilities (net) 0.3 0.3 17.9 17.9 17.9 Deferred tax liabilities (net) 50.8 36.8 39.0 44.5 60.8 Current Liabilities 102.3 168.2 161.3 204.6 337.6 Financial liabilities (i) Borrowings 14.1 18.0 81.5 202.4 (ii) Lease Liabilities 0.0 0.0 0.0 0.0 (iii) Trade Payables 92.1 90.1 101.0 111.0 119.7 (iv) Other financial liabilities 7.3 7.4 6.6 4.7 5.8 Provisions 1.0 51.6 32.9 0.7 0.8 Other liabilities 1.9 4.1 2.1 2.2 2.3 Income tax liabilities (net) 0.8 0.6 4.5 6.7 Total Liabilities 157.6 210.1 222.7 270.2 440.2 Total Equity & Liabilities 1,371.1 1,282.2 1,120.9 1,013.3 985.0
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Historical Cash Flow Statement 24 Particulars (Rs. Crs.) Mar-26 Mar-25 Mar-24 Mar-23 Mar-22 Net Profit Before Tax 190.3 207.7 209.7 243.3 194.4 Adjustments for: Non - Cash Items / Other Investment or Financial Items 68.8 43.6 27.7 35.9 43.1 Operating profit before working capital changes 259.1 251.3 237.4 279.1 237.5 Changes in working capital (21.4) 29.3 48.3 (2.0) (143.7) Cash generated from Operations 237.7 280.6 285.7 277.1 93.8 Direct taxes paid (net of refund) (48.1) (53.4) (64.3) (63.7) (34.9) Net Cash from Operating Activities 189.6 227.2 221.4 213.5 58.9 Net Cash from Investing Activities (52.6) (191.1) (158.1) (44.1) (67.8) Net Cash from Financing Activities (116.6) (6.2) (66.2) (151.4) 8.0 Net Decrease in Cash and Cash equivalents 20.4 30.0 (2.8) 17.9 (0.9) Add: Cash & Cash equivalents at the beginning of the period 48.9 18.9 21.7 3.8 4.6 Cash & Cash equivalents at the end of the period 69.3 48.9 18.9 21.7 3.7
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THANK YOU Mr. Hiren Doshi – CFO hdoshi@rolexrings.com Tel: +91 281 2782 677 Company: Rolex Rings Limited CIN: L28910GJ2003PLC041991 Mr. Deven Dhruva / Mr. Ronak Jain deven.dhruva@sgapl.net / ronak.jain@sgapl.net Tel: +91 98333 73300 / +91 98209 50544 Investor Relations: Strategic Growth Advisors Pvt. Ltd. CIN: U74140MH2010PTC204285