Rolex Rings is a leading manufacturer of forged and machined components, one of the top 5 forging companies in India and is also a Global supplier of hot rolled forged, machined bearing rings and automotive components for various segments of vehicles, Industrial Machinery, Wind Turbines and Railways.
It derives nearly 54% of its revenue from bearing rings and 38% from automotive components. Exports contributed 46% of the revenue of the company.
Top 10 customers accounted for 80% revenue of the company.
The company is not planning any major CAPEX till FY25. They will be focusing on enhancing their revenue by increasing the forging utilization to 60% and machining capacity to 85% in the near future.
Market Cap: 5,580 Cr.
P/E 29.2
ROCE 31.3 %
ROE 28.9 %
Debt to equity 0.27
OPM 22.3 %
Promoter holding 57.6 %
Pledged 0 %
EPS 70
It derives nearly 54% of its revenue from bearing rings and 38% from automotive components. Exports contributed 46% of the revenue of the company.
Top 10 customers accounted for 80% revenue of the company.
The company is not planning any major CAPEX till FY25. They will be focusing on enhancing their revenue by increasing the forging utilization to 60% and machining capacity to 85% in the near future.
Market Cap: 5,580 Cr.
P/E 29.2
ROCE 31.3 %
ROE 28.9 %
Debt to equity 0.27
OPM 22.3 %
Promoter holding 57.6 %
Pledged 0 %
EPS 70
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For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.