Royal India Corporation Ltd (ROYALIND)

Loading page…

Royal India Corporation Ltd (ROYALIND) · mywealthgrid

About

Royal India Corporation Ltd operates in Gems, Jewellery And Watches within the Consumer Discretionary sector.

Founded: 2012
Face value: ₹10

Market cap

₹60 Cr

P/E

—

P/B

0.4×

Dividend yield

ROE

49.4%

ROCE

49.1%

Debt / equity

OPM

4.8%

EPS (TTM)

₹-0.7

Book value

₹11.6

52-week high

—

52-week low

—

1,807 historical price candles were omitted because the exchange source has not been verified.

₹5.1-4.4%1Y

Quick read

rule-based

Pros

+Revenue CAGR of 84.4% over the last 5 years
+Almost debt-free (debt/equity 0)

Cons

−Low return on equity of -3.2% (3-yr avg)
−Thin operating margin of 4.8%

Research score

Structured signal from quality, growth, valuation and momentum.

46/100

Business quality: 75
Growth: 14
Valuation: 50

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Kalyan Jewellers India LimitedKALYANKJILKALYANKJIL	₹54,578 Cr	₹55,102 Cr	₹39,063 Cr	₹2,616 Cr	7%	₹1,435 Cr	3.8%	31.5%	24.3%	136
Lalithaa Jewellery Mart LimitedLALITHAALALITHAA	₹21,708 Cr	₹23,312 Cr	₹25,024 Cr	₹1,674 Cr	6.7%	₹1,010 Cr	4%	54.3%	41.6%	—
Thangamayil Jewellery LimitedTHANGAMAYLTHANGAMAYL	₹15,118 Cr	₹15,943 Cr	₹9,606 Cr	₹621 Cr	6.6%	₹391 Cr	4.1%	39.1%	27.9%	142
Sky Gold And Diamonds LimitedSKYGOLDSKYGOLD	₹12,557 Cr	₹13,426 Cr	₹7,176 Cr	₹520 Cr	6.9%	₹343 Cr	4.5%	45.9%	29.3%	77
Pc Jeweller LimitedPCJEWELLERPCJEWELLER	₹12,449 Cr	₹13,522 Cr	₹3,505 Cr	₹785 Cr	20%	₹775 Cr	21.3%	11.7%	9.9%	1,082
Bluestone Jewellery And Lifestyle LimitedBLUESTONEBLUESTONE	₹12,008 Cr	₹12,753 Cr	₹2,681 Cr	₹442 Cr	16%	₹56 Cr	0.5%	9.8%	1.1%	659
P N Gadgil Jewellers LimitedPNGJLPNGJL	₹7,897 Cr	₹9,477 Cr	₹11,438 Cr	₹669 Cr	5.7%	₹446 Cr	3.8%	34.3%	23.3%	121
Timex Group India LimitedTIMEXTIMEX	₹7,368 Cr	₹7,370 Cr	₹419 Cr	₹32 Cr	7.7%	₹21 Cr	5%	32.7%	29.4%	—
Ethos LimitedETHOSLTDETHOSLTD	₹6,785 Cr	₹6,786 Cr	₹1,728 Cr	₹223 Cr	12.9%	₹106 Cr	6%	10.4%	7.7%	180
Senco Gold LimitedSENCOSENCO	₹5,199 Cr	₹6,769 Cr	₹9,660 Cr	₹999 Cr	11.5%	₹571 Cr	6.8%	38%	25.6%	259
Kddl LimitedKDDLKDDL	₹4,811 Cr	₹4,967 Cr	₹2,322 Cr	₹335 Cr	14.3%	₹97 Cr	6.3%	11.9%	8.8%	192
D. P. Abhushan LimitedDPABHUSHANDPABHUSHAN	₹4,273 Cr	₹4,433 Cr	₹2,340 Cr	₹100 Cr	4.3%	₹62 Cr	2.6%	40.8%	29.4%	—

Loading peers…

Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	184	284	102	126	201	2	2	38	29	220	46
COGS	—	—	—	-125	-197	2	1	27	27	211	41
Gross profit	—	—	—	—	—	1	0	11	2	10	5
	183	284	102	252	406	0	2	8	4	-3	3
	1	0	-1	-1	-8	0	-1	3	-2	13	2
OPM %	0.4%	0%	-0.7%	-0.8%	-4%	8.3%	-61.6%	6.8%	-8.5%	5.8%	4.8%
Depreciation	—	—	—	0	0	0	0	0	0	0	0
Interest	—	—	6	9	11	12	13	11	5	4	0
	0	0	-3	1	0	0	0	1	-2	3	76
Profit before tax	1	0	-10	-9	-18	-11	-14	-7	-9	11	78
Tax	—	—	—	—	—	-4	-6	-3	-1	1	25
Tax %	—	—	—	—	—	-31.4%	-41.7%	-45.5%	-8.9%	5.8%	31.9%
	1	0	-7	-6	-15	-8	-8	-4	-8	11	53
PAT margin %	0.3%	0%	-6.8%	-4.8%	-7.6%	-358.3%	-450.3%	-9.9%	-28.6%	4.9%	115.1%
EPS (₹)	0.2	0	-4.6	-2.6	-6.6	-3.4	—	—	—	—	4.5
EPS adjusted (₹)	—	—	—	—	-6.6	-3.4	-3.5	-1.6	-3.6	1	4.5
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	23	23	23	23	23	109	118
Reserves	—	-25	-33	-37	-45	-32	19
	—	119	132	137	132	101	0
	—	31	31	41	41	47	47
Total equity & liabilities	—	149	153	165	152	225	184
	0	0	0	0	0	0	0
CWIP	—	—	—	—	—	—	0
Investments	—	0	0	0	0	0	2
	—	149	153	164	152	225	183
Total assets	—	149	153	165	152	225	184

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	-11	-11	-1	-2	-23	102
	0	-0	-12	7	-34	-7
	11	12	14	-5	57	-95
Net cash flow	-0	0	-0	0	0	-0
Free cash flow	—	—	—	-2	-23	100
CFO / Operating profit %	—	—	-58.4%	—	-183.9%	—

Loading financials…

Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	24.5%	24.9%	28%	6.6%	4.3%	10.8%
EBITDA margin %	-0.8%	-4%	8.3%	-61.6%	6.8%	-8.5%	5.8%	4.8%
EBIT margin %	-0.8%	-4%	8.3%	-61.6%	6.7%	-8.6%	5.8%	4.8%
PAT margin %	-4.8%	-7.6%	-358.3%	-450.3%	-9.9%	-28.6%	4.9%	115.1%
Working capital
Receivable days	—	—	11,944	14,256	822	993	38	211
Inventory days	—	—	13,308	16,203	548	545	226	911
Payable days	—	—	6,951	8,518	420	425	60	283
NWC days	—	—	18,301	21,940	950	1,113	204	839
Leverage
Current ratio	—	—	3.41	3.34	3.11	2.92	3.39	2.9
Debt to EBITDA	—	—	662.06	—	53.84	—	7.96	0
Debt to equity	—	—	-62.72	-13.34	-10.1	-6.06	1.31	0
Interest coverage	0	-0.7	0	-0.1	0.4	-0.8	3.9	—
Asset turnover	—	—	0.01	0.01	0.23	0.19	0.98	0.25
Return ratios
Return on assets %	—	—	-5.2%	-5.2%	-2.3%	-5.4%	4.8%	28.8%
Return on capital employed %	—	—	0.4%	-0.6%	3.2%	-3.6%	10.7%	49.1%
Return on equity %	—	—	407.4%	80.7%	27.4%	37.7%	14%	38.7%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

Loading ratios…

Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	45.92%	45.92%	45.92%	33.26%	38%	38%	38%	38%	42.47%	41.97%	42.47%	42.47%
FII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	54.08%	54.08%	54.08%	66.74%	62%	62%	62%	62%	57.53%	58.03%	57.53%	57.53%
No. of shareholders	—	—	—	—	—	—	—	—	11,845	12,229	12,496	12,628

Promoter holding down 3.45 percentage points since Sep 2023.

31 deals · 3 Sept 2021 – 27 Feb 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
27 Feb 2026	SHRUTHI M	Bulk	BSE	Sell	10,00,000	₹3.09	₹0.31 Cr
25 Feb 2026	SHRUTHI M	Bulk	BSE	Sell	9,28,811	₹3.42	₹0.32 Cr
24 Feb 2026	TWENTYFIRST CENTURY SHARES AND SECURITIES LTD	Bulk	BSE	Sell	11,87,134	₹3.64	₹0.43 Cr
3 Dec 2025	LATA MANOJKUMAR PUNAMIYA	Bulk	BSE	Sell	5,85,514	₹6.75	₹0.40 Cr
2 Dec 2025	PREMIER TRADING CORPORATION	Bulk	BSE	Sell	18,16,113	₹7.56	₹1.37 Cr
1 Dec 2025	TWENTYFIRST CENTURY SHARES AND SECURITIES LTD	Bulk	BSE	Sell	13,74,092	₹7.83	₹1.08 Cr
1 Dec 2025	PREMIER TRADING CORPORATION	Bulk	BSE	Sell	9,34,481	₹7.73	₹0.72 Cr
4 Sept 2025	PREMIER TRADING CORPORATION	Bulk	BSE	Sell	6,50,000	₹6.67	₹0.43 Cr
5 Mar 2025	KHUSHBOO MUNOT	Bulk	BSE	Buy	9,00,000	₹10.99	₹0.99 Cr
5 Mar 2025	VANAJA SUNDAR IYER	Bulk	BSE	Sell	6,04,424	₹11.23	₹0.68 Cr

1–10 of 31

1 / 4

Mr. Nitin Kamalkishore GujralExecutive Director-Chairperson-MD
Mr. Jinesh MehtaNon-Executive - Independent Director
Mr. Sourav SharmaExecutive Director
Ms. Madhusa IndaNon-Executive - Independent Director
Mr. Raja Kantilal MineshNon-Executive - Independent Director
Mr. Rishabh SareenExecutive Director
Mr. Mohit KothariChief Financial Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

Loading shareholding…

F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

Loading f&o…

Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Royal India Corporation Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

Loading fund holders…

Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Loading documents…

Events

Upcoming dates and the company’s corporate-action history.

1

Board meeting to consider results12 Aug 2026

Loading events…

Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

66 announcementsExport CSV

30 Sept 2026, 7:37 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

28 Sept 2026, 12:53 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

8 Sept 2026, 3:00 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

7 Sept 2026, 8:33 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

7 Sept 2026, 8:03 pmAGM/EGM

Shareholder Meeting- AGM On 30.09.2026

AGM PDF

7 Sept 2026, 7:28 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

2 Sept 2026, 6:13 pmCorp. Action

Intimation Under Regulation 42 (Closure Of Register Of Members And Share Transfer Books) And Regulation 44 (Cut-Off Date For E-Voting) Of Securities And Exchange Board Of India (Listing Obligation And Disclosure Requirements) Regulation 2015

Book Closure PDF

2 Sept 2026, 5:50 pmOthers

Board Meeting Outcome For Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015

Outcome without intimation PDF

Date	Category	Subject	Filing
30 Sept 2026, 7:37 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
28 Sept 2026, 12:53 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window

Loading announcements…

Royal India Corporation Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

1

Announcements

Not in the F&O segment

1

No fund holdings on record

Announcements

Annual reports

Compounded sales growth

Compounded profit growth

Return on equity

Royal India Corporation Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Board meetings1

Announcements

Ratio timeline

Not in the F&O segment

Board meetings1

No fund holdings on record

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

1

1