Interim report
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ROLEX ROLLED RINGS : ROLEX RINGS LIMITED [ CIN : L28910GJ2003PLC041991 ] Regd . Office : -BEHIND GLOWTECH PRIVATE LIMITED , GONDAL ROAD , KOTI IÁRIA , RAJKOT Phone : ( 281 ) 2782577/2782677 Email : compliance@rolexrings.com website . www.rolexrings.com Ref . RolexRings / Reg30 / June2026Quarter / BM - Outcome / 1 August 05 , 2026 To , Corporate Relationship Department , BSE Limited , Phiroze JeeJeebhoy Towers , Dalal Street , Mumbai - 400001 Script Code : 543325 To National Stock Exchange of India Limited Exchange Plaza , C - 1 , Block G Bandra Kurla Complex Bandra ( E ) , Mumbai – 400 051 Script Symbol : ROLEXRINGS Sub : Outcome of Board Meeting held on Wednesday , 05th August , 2026 Dear Sir / Madam , Pursuant to Regulation 30 read with Schedule III of SEBI ( Listing Obligations and Disclosures Requirements ) Regulations , 2015 , we would like to inform you that the Meeting of Board of Directors of the company was held today i.e. Wednesday , 05th August , 2026 and transacted the following : 1. Considered and Approved Standalone Unaudited Financial Results for the quarter ended 30th June , 2026 along with Limited Review Report thereon ; In this connection pursuant to Regulation 33 of the SEBI ( Listing Obligations and Disclosure Requirements ) Regulations , 2015 , we are enclosing herewith , the following documents : 1. Unaudited Standalone Financial Results for the quarter ended 30th June , 2026 along with Limited Review Report . The Meeting was commenced at 12:05 PM and concluded at 12:50 PM Thanking You , Yours faithfully For , Rolex Rings Limited Hardikfadhi JROT Hardik Dhimantbhai Gandhi Company Secretary and Compliance Officer [ Membership No. A39931 ]
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Sr No 1 2 3 4 5 6 7 8 9 10 11 ROLEX RINGS LIMITED [CIN: L28910GJ2003PLC041991) Regd. Office:- BEHIND GLOWTECH STEEL PRIVATE LIMITED, GONDAL ROAD, KOTHARIA, RAJKOT Phone:0281 2782577 Email: compliance@rolexrings.com website: www.rolexrings.com STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE, 2026 ('!' in Millions except as stated otheiwise ) Particulars Income Revenue from operations Other income Total Income Expenses Cost of raw materials and components consumed (Increase) I Decrease in inventories of finished goods and work-in-progress Employee benefits expense Finance costs Depreciation and amortization expenses Other expenses Total Expenses Profit before tax and exceptional items [1-2) Exceptional ilems net [refer note 5] Profit before tax Tax expense Current tax charge I (credit) Deferred tax expense Total tax expense Net profit I (loss) after tax [4-5) Other comprehensive income (net of tax) Items that will not be reclassified lo profit and loss in subsequent periods: Re-measurement gain I (loss) on defined benefit plans Income tax effect on above Other comprehensive income I (loss) for the quarter/year ended , net of tax Total comprehensive income for the quarter /year ended C 6+7 J Paid-up equity share capital (face value ~1/- per share) Other equity Earn ing per share [not annualized for quarters) [refer note 6) Basic m D iluted(~) (see accompanying notes to the financial resulls) • Due to split of shares SIGNED FOR IDENTIFICATION PURPOSES ONLY SR.f3 c_ SRB C & CO LL P 30.06.2026 Unaudited 3,043.37 198.36 3,241.73 1,441.26 (91 .13) 196.10 2.34 90.38 809.94 2,448.89 792.84 792.84 173.39 18.05 191.44 601.40 1.24 (0.31) 0.93 602.33 272.33 2.21 2.21 Quarter Ended Year Ended 31.03.2026 30.06.2025 31.03.2026 Audited Unaudited Audited Refer Note 3 3,056.92 2,915.83 11,434.95 · 2s.72 156.06 502.53 3,085.64 3,071.89 11,937.48 1,457.25 1,435.26 5,422.44 (73.92) 2.07 124.94 188.72 176.37 719.88 3.57 1.80 14.43 93.78 90.02 371.25 922.59 686.40 2,865.24 2,591.99 2,391.92 9,518.18 493.65 679.97 2419.30 491 .95 - 516.41 1.70 679.97 1902.89 (92.10) 155.53 352.82 95.29 32.88 139.09 3.19 188.41 491.91 (1.49) 491.56 1,410.98 4 59 (0.25) 4.97 (1.15) 0.06 (1.25) 3.44 (0.19) 3.72 1.95 491.37 1,414.70 272.33 272.33 272.33 11 ,863.44 . (0.01 ) 1.81" 5.18 (0.01) 1.81" 5.18 ,,.::~-~.;... ' ·
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ill®[b~~ ROLEX RINGS LIMITED [CIN: L28910GJ2003PLC041991] Regd. Office:- BEHIND GLOWTECH STEEL PRIVATE LIMITED, GONDAL ROAD, KOTHARIA, RAJKOT Phone:0281 2782577 ;;,;;;;;;,ROLLED R I NGS;;;;;;;;;;. Email : compliance@rolexrings.com website: www.rolexrings.com Notes: 1 These unaudited financial results of the Company for quarter ended June 30. 2026 have been reviewed by the Audit Committee and thereafter approved by the Board of Directors at their respective meetings held on August 05, 2026. The financial results are prepared in accordance with the Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act. 2013 and other recognised accounting practices and policies to the extent applicable . 2 The Company's business falls within single business segment of diversified auto components . Hence, disclosures under Ind AS 108 - Operating Segments are not reported separately 3 The figures for the quarter ended March 31 , 2026 are the balancing figures between audited figures in respect of the full financial year upto March 31, 2026 and the unaudited published year to date figures upto December 31. 2025 being the date of the end of the third quarter of the financial year which were subjected to limited review by the statutory auditors. 4 The Board of Directors on April 23, 2026 and the shareholders through postal ballot on May 31 , 2026 approved the buyback of up to 10,000,000 equity shares (representing 3.76% of lhe paid-up equity share capital) from eligible equity shareholders other than the promoters, promoter group and persons in control of the Company , at a price of INR 180 per share for an aggregate consideration not exceeding INR 1,800 million, in accordance with the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018, the Companies Act, 2013 and the rules made thereunder. Subsequent to the quarter ended June 30, 2026, the Company has concluded the Buyback of 10,000,000 equity shares (at a price of INR 180 per equity share) as approved . . 5 Details of exceptional items (net) Expense ({ in Millions except as stated otherwise ) Particulars For the quarter For the quarter For the quarter For the year ended ended ended ended June 30, 2026 March 31, 2026 June 30, 2025 March 31, 2026 5(a) Right of Recompense (ROR) expense 504.00 - 504.00 5(b) Impact due to implementation of new labour law (12 05) - 12.41 Exceptional Items - Expense (net) 491.95 - 516.41 5(a) During the quarter ended March 31 . 2026, the Company entered into a full and final settlement with the Consortium of Banks towards the Right to Recompense (RoR) matter for INR 1,010 million. Accordingly , the Company recognised the differential amount of INR 504 million as an exceptional item during the quarter and year ended March 31 , 2026, over and above the provision of INR 506 million recognised up lo March 31 , 2025 . The settlement amount was paid on March J 1. 2026. 5(b) On 21 November 2025. the Government of India notified four Labour Codes effective immediately replacing the existing 29 labour laws. The impact of implementation of the Labour Codes has resulted in increase of INR 12.41 million (including reversal of INR 12.05 million in the previous quarter ended March 31 , 2026) in the liabilities for defined benefit obligation . Considering that the impact arising from the enactment of the new legislation is an event of a non-recurring nature, the Company presented this incremental amount as an "Exceptional item" in the Statement of Profit and Loss for previous quarter and year ended March 31 , 2026. 6 The Board of Directors of the Company at their meeting held on September 04, 2025 have approved the sub-division/ split of each equity share having a face value of Rupees ten each . fully paid-up , into ten equity shares having a face value of Rupee One each, fully paid-up (the "stock split"), by alteration of the capital clause of the Memorandum of Association of the Company . The approval of the shareholders of the Company was obtained in Annual General Meeting ("AGM") held on September 29. 2025. Consequently , the authorized share capital is sub-divided into 350,250,000 equity shares and the paid-up share capital is sub-divided into 272,333. 120 equity shares having a face value of Rupee One each w e.f record date of October 17. 2025 . The effect of stock split was considered in the computation of basic and diluted EPS for the quarter June 30. 2026 and prior periods have been restated consider ing face value of Rupee One each in accordance with Ind AS 33. Earnings per Share. Date. August 05. 2026 Place: Rajkot SIGNED FOR IDENTIFICATION PURPOSES ONLY S f~'\3 C . SRB C & CO LL P For Ro/ex Rings Limited ~ "'c-0 I ~ Manesh Madeka Chairman and Managing Director DIN:01629788
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SR BC & COLLP 21st Floor. B Wing, Privilon Ambli BRT Road , Behind lskcon Temple Off SG Highway. Ahmedabad - 380 059. India Chartered Accountants Tel + 9 1 79 6608 3900 Independent Auditor's Review Report on the Quarterly Unaudited Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Rolex Rings Limited I. We have reviewed the accompanying statement of unaudited financial results of Ro lex Rings Limited (the "Company") for the quarter ended June 30, 2026 (the " Statement") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the " Listing Regulations") . 2. The Company's management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) " Interim Financial Reporting " prescribed under Section 133 of the Companies Act, 2013 as amended , read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Company ' s Board of Directors . Our responsibi lity is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 , '' Review of Interim Financial lnfonnation Performed by the Independent Auditor of the Entity " issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matter s, and applying analytical and other review procedures . A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enab le us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly , we do not express an audit opinion . 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards (' Ind AS ' ) specified under Section 133 of the Companies Act, 2013 , as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India , has not disclosed the information required to be disclosed in terms of the Listing Regulations , including the manner in which it is to be disclosed , or that it contains any material misstatement. For S R B C & CO LLP Chartered Accountants ICAI Firm registration number: 324982E /E300003 L11.. .. ~ w ..J. per Sum it Kumar Agrawal Partner Membership No.: 135859 UDIN : .2-b\ :l.S'~S q 1.-(_~~2 1'1\ 1- 2-- ~ Place : Pune Date: August 05, 2026 S R B C & CO LLP. a Lim ited Liability Partne rship with LLP Identity No. AAB·43 l8 R~g d. Office : 22. Camac Stre et. Block '8' , 3rd Floor. Kolka ta-700 0 16