Rolex Rings543325Quarterly results
Board approves standalone Q2 and H1 FY27 results; limited review conclusion unmodified
Board approved the Standalone Unaudited Financial Results for the quarter and half year ended 30 September 2026, with the Statements of Assets and Liabilities and Cash Flow Statement.
By ScoutQuest · · 3 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 3,891.83 | 2,713.83 | +43.4% | 3,043.37 | +27.9% |
| Total income | 4,043.55 | 2,857.41 | +41.5% | 3,241.73 | +24.7% |
| Profit before tax | 996.32 | 590.91 | +68.6% | 792.84 | +25.7% |
| Profit after tax | 739.38 | 443.38 | +66.8% | 601.40 | +22.9% |
| Total comprehensive income | 740.31 | 443.20 | +67% | 602.33 | +22.9% |
| Basic EPS | 2.78 | 1.63 | +70.6% | 2.21 | +25.8% |
- Total income YoY growth
- +41.5% (year ago 2,857.41)
- Profit after tax YoY growth
- 739.38 vs 443.38 (+66.8%)
- Period
- Quarter Ended 30.09.2026 Unaudited
Auditor's review
Conclusion: Unmodified
Notes to the results
- During the quarter the Company concluded buyback of 10,000,000 equity shares at Rs. 180 per share; total cash outflow INR 1821.46 million incl. transaction cost of INR 21.46 million.
- Paid-up equity share capital reduced by INR 10.00 million consequent to the buyback; Capital Redemption Reserve of INR 10.00 million created.
- Income of ₹180.34 million accounted in the quarter towards refund of US tariffs levied under IEEPA (Q1: ₹36.63 million; H1: ₹216.97 million).
- FY ended March 31, 2026 exceptional items: INR 504 million RoR settlement with bank consortium and INR 12.41 million Labour Codes impact.
What the board approved
- The Standalone Unaudited Financial Results for the quarter and half year ended 30 September 2026, along with the Statements of Assets and Liabilities and the Cash Flow Statement.
- The results were reviewed and recommended by the Audit Committee and approved by the Board at its meeting held on 04 November 2026.
- The company's business falls within a single business segment of diversified auto components.
Auditor's review conclusion
- SRBC & Co LLP states that, based on its review, nothing has come to its attention that causes it to believe the Statement contains any material misstatement or fails to disclose information required under the Listing Regulations.
- The report notes that a review is substantially less in scope than an audit and that no audit opinion is expressed.
Quarter numbers (standalone, figures as printed in Rs. in Millions)
- Revenue from operations: 3,891.83, against 3,043.37 in the preceding quarter and 2,713.83 in the year-ago quarter.
- Total income: 4,043.55 (preceding quarter 3,241.73; year-ago quarter 2,857.41).
- Profit before tax: 996.32 (preceding quarter 792.84; year-ago quarter 590.91).
- Net profit after tax: 739.38 (preceding quarter 601.40; year-ago quarter 443.38).
- Basic and diluted EPS: 2.78 per share (preceding quarter 2.21; year-ago quarter 1.63).
- Total expenses: 3,047.23; finance costs 7.00; depreciation and amortisation 91.47.
Half year numbers (standalone)
- Revenue from operations: 6,935.20 (previous half year 5,629.66).
- Total income: 7,285.28; Profit before tax 1,789.16; Net profit after tax 1,340.78 (previous half year 934.94).
- Basic and diluted EPS: 4.99 (previous half year 3.43).
Share buyback, as recorded in the notes
- The Board on 23 April 2026 and shareholders by postal ballot on 31 May 2026 approved a buyback of up to 10,000,000 equity shares, representing 3.76% of the paid-up equity share capital, at a price of INR 180 per share for an aggregate consideration not exceeding INR 1,800 million.
- During the quarter ended 30 September 2026 the company concluded the buyback of 10,000,000 equity shares at Rs. 180 per share, a total cash outflow of INR 1,821.46 million including transaction cost of INR 21.46 million.
- Of this, INR 1,790.00 million was utilised from share premium and INR 21.46 million from retained earnings; a Capital Redemption Reserve of INR 10.00 million was created.
- Paid-up equity share capital stood at 262.33 million as at 30.09.2026 against 272.33 million as at 31.03.2026, a reduction of INR 10.00 million.
Other notes worth knowing
- The company accounted income towards refund of US tariffs levied under the International Emergency Economic Powers Act (IEEPA) of INR 180.34 million for the quarter ended 30 September 2026 and INR 36.63 million for the quarter ended 30 June 2026, aggregating to INR 216.97 million for the half year.
- Exceptional items for the quarter and half year are shown as nil.
Balance sheet and cash highlights (Rs. in Millions)
- Total assets 13,729.95 as at 30.09.2026 against 13,711.46 as at 31.03.2026.
- Inventories 2,990.10 against 2,349.84; trade receivables 2,668.47 against 2,196.27.
- Total equity 11,656.95 against 12,135.77.
- Net cash flows generated from operating activities for the half year: 704.87.
₹739.38 Mn+22.9%
Previous601.40 (₹ in Millions)After₹739.38 Mn
₹1,340.78 MnNet profit after tax (half year, standalone
Profit after tax, latest quarter739.38 (₹ in Millions)
Profit after tax, quarter601.40 (₹ in Millions)
Also from Rolex Rings
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5 Nov 2026
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More numbers
- Net profit after tax (half year, standalone)1,340.78
- Equity shares bought back10,000,000
- Buyback price per equity shareINR 180
- Buyback aggregate considerationINR 1,800 million
- IEEPA US tariff refund income (quarter)INR 180.34 million
- Total income, latest quarter4,043.55 (₹ in Millions)
- Total income, year-ago quarter2,857.41 (₹ in Millions)
- Total income, previous quarter3,241.73 (₹ in Millions)
- Total comprehensive income, latest quarter740.31 (₹ in Millions)
- Total comprehensive income, year-ago quarter443.20 (₹ in Millions)
- Total comprehensive income, previous quarter602.33 (₹ in Millions)
- Profit after tax, latest quarter739.38 (₹ in Millions)
- Profit after tax, year-ago quarter443.38 (₹ in Millions)
- Profit after tax, previous quarter601.40 (₹ in Millions)
- Revenue from operations, latest quarter3,891.83 (₹ in Millions)
- Revenue from operations, year-ago quarter2,713.83 (₹ in Millions)
- Revenue from operations, previous quarter3,043.37 (₹ in Millions)
- Profit before tax, latest quarter996.32 (₹ in Millions)
- Profit before tax, year-ago quarter590.91 (₹ in Millions)
- Profit before tax, previous quarter792.84 (₹ in Millions)
Source: BSE · 4 Nov 2026
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