Headquartered in Rajkot, Gujarat, Rolex Rings Limited is among the country’s leading forged and machine components manufacturers in the private sector.
Rolex Rings boasts a forging capacity of 144,750 MTPA and an annual machining capacity of 73 million pieces. It has a clientele across India and 15 international markets spread across North America, Europe and Africa.
It started as a small partnership firm Rolex Industries in 1978, delving into hardcore engineering. The company at that time produced a variety of rings for ball bearings, cylindrical, tapered as also railway bearing components, alongside spacers.
Incorporated on February 13, 2003, the company makes customised components for many sectors utilising its proficiency in precision engineering of various forging and machining requirements.
In FY23, the company operationalised a 4 mega watt capacity ground mounted solar project.
As of June 30, 2023, the promoter and promoter group owned 55.25% of the company’s shares, as against 57.64% holding on March 31, 2023.
The public shareholding on June 30, 2023, was 7.28%, down from 6.53% at the end of FY23. The domestic institutions held sway over 32.47% of the shares on June 30, 2023, marginally above the 31.76% stake they controlled at the end of FY23. The foreign institutions held over 5.01% of the shares on June 30, 2023, marginally above the 4.06% stake they controlled at the end of FY23.
Rolex Rings Limited successfully floated an initial public offering (IPO) on July 28, 2021, and the company was listed on the National Stock Exchange (NSE) and BSE on August 9, 2021.
The market capitalisation of Rolex Rings is close to ₹5,900 crore as of February 27, 2024. Rolex Rings share price has gained over 15% in the last one year.
Business operations
The company has three manufacturing plants, all located in Rajkot. Bearing rings constitute 60% of the company’s turnover, with the remaining 40% coming from automotive components It does business in India, Canada, tUS, Mexico, Slovakia, France, Portugal, Poland, Germany, Romania, Czech Republic, Hungary, Austria, Italy, Russia and South Africa.
Rolex Rings’ diverse product portfolio includes transmission components like gear blanks, ring gear and shafts. Engine components like pulley, cam lobs and chasis components, including wheel hubs and bearings, are also manufactured by the company.
It also churns out bearing rings, angular contact bearings, double row bearings and exhaust system. Its products are used in two, three and four wheelers, railways, off-highway, earth-moving equipment, wind mill and sectors like textile, electrical, defence, power, aerospace, marine, oil & natural gas.
Rolex Rings’ revenue is export-driven. In FY23, exports contributed to 60% of the company’s revenue, with the share of the domestic market being 40%.
Rolex Rings Financial Highlights
- Revenue: Rolex Rings reported revenue of ₹1,193.75 crore in FY26 vs ₹1,183.26 crore in FY25. It showed an increase of 0.89% on a yearly basis.
- Operating Profit: Rolex Rings reported an operating profit of ₹190.29 crore in FY26 vs ₹207.69 crore in FY25. It showed a decrease of 8.38% on a year-on-year basis.
- Net Profit: Rolex Rings reported a net profit of ₹141.10 crore in FY26 vs ₹174.00 crore in FY25. It showed a decrease of 18.91% on a yearly basis.
Rolex Rings Quarterly Result Highlights
- Rolex Rings reported revenue of ₹324.18 crore in Jun 2026, compared with ₹308.56 crore in Mar 2026, representing an increase of 5.06% on a quarter-on-quarter (QoQ) basis.
- Rolex Rings reported an operating profit of ₹79.28 crore in Jun 2026, compared with ₹0.17 crore in Mar 2026, representing an increase of 46,535.29% on a quarter-on-quarter (QoQ) basis.
- Rolex Rings reported a profit of ₹60.14 crore in Jun 2026, compared with ₹0.15 crore in Mar 2026, reflecting an increase of 40,193.33% on a QoQ basis.
- The earnings per share (EPS) of Rolex Rings stood at ₹5.18 during Jun 2026.
Data Source: BSE, Company announcements
Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.
