The Ruby Mills Limited (RUBYMILLS)

Loading page…

The Ruby Mills Limited (RUBYMILLS) · mywealthgrid

About

The Ruby Mills Limited manufactures textile products for the consumer discretionary market, with a ₹1,216.6 Cr market capitalization. Operating primarily in other textile products within the apparel and textiles industry, the company has shown margin expansion to 27.9% in recent quarters, supported by an efficient capital structure (D/E 0.55) and consistent dividend payouts.

Face value: ₹5

Market cap

₹1,669 Cr

P/E

38.3×

P/B

2.5×

Dividend yield

0.5%

ROE

6.5%

ROCE

6.1%

Debt / equity

0.55

OPM

21%

EPS (TTM)

₹13.0

Book value

₹201.7

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

High valuation (PE 27.93) with stock near 52-week highs (₹385 vs range ₹169.9–₹417.2) leaves limited margin for error
ROE of 6.46% indicates weak capital efficiency despite recent profitability, raising questions about returns on accumulated capital
Revenue volatility across recent quarters (₹69.57–₹123.38 Cr) suggests exposure to seasonal swings or demand inconsistency—verify underlying demand patterns and customer concentration
Heavy promoter concentration (74.9%) and minimal institutional participation (FII 0.02%, DII 0.1%) narrow the shareholder base—verify implications for liquidity and independent oversight

Generated analysis · source review pending

Growth drivers

Operating margins expanded 1,220 bps YoY (15.7% in Jun 2025 to 27.9% in Jun 2026)—verify if driven by pricing, cost discipline, or mix shifts and whether sustainable
Q4 FY26 revenue of ₹91.48 Cr with 27.9% OPM generated ₹25.5 Cr operating profit—monitor if volume growth can maintain margin levels
Moderate D/E of 0.55 provides capacity to fund capex or debt-funded growth—verify management's capital allocation priorities
Sustained dividend payouts across four years (2022–2025) indicate cash generation—verify payout ratios and free cash flow consistency

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹499.7+1.6%1Y

Quick read

rule-based

Pros

+Healthy operating margin of 21%
+High promoter holding of 74.9% with no pledge

Cons

−Low return on equity of 6.5% (3-yr avg)

Research score

Structured signal from quality, growth, valuation and momentum.

38/100

Business quality: 32
Valuation: 43

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

Loading peers…

Financials

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

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2026
Revenue	359
COGS	125
Gross profit	234
	159
	75
OPM %	21%
Depreciation	24
Interest	15
	18
Profit before tax	53
Tax	9
Tax %	17.9%
PAT	44
PAT margin %	12.2%
EPS (₹)	13
EPS adjusted (₹)	13
	19.2%

₹ Cr	Mar 2026
Equity capital	17
Reserves	658
	373
	169
Total equity & liabilities	1,216
	106
CWIP	93
Investments	796
	221
Total assets	1,216

₹ Cr	Mar 2026
	63
	-111
	53
Net cash flow	4
Free cash flow	-49
CFO / Operating profit %	83.4%

Return on equity

7 years: —
5 years: —
3 years: —
Last year: 7%

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities
Not Applicable	0	0	0	0

SegmentFigure

Not Applicable · revenue

₹ crore by fiscal year

Loading financials…

Ratios

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

Consolidated Standalone

Consolidated figures

Ratio	Mar 2026
Margins
Gross margin %	65.2%
EBITDA margin %	21%
EBIT margin %	14.2%
PAT margin %	12.2%
Working capital
Receivable days	44
Inventory days	253
Payable days	114
NWC days	183
Leverage
Current ratio	2.1
Debt to EBITDA	4.95
Debt to equity	0.55
Interest coverage	4.4
Asset turnover	0.29
Return ratios
Return on assets %	3.6%
Return on capital employed %	6.1%
Return on equity %	6.5%

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
	74.9%	74.9%	74.9%	74.9%	74.9%	74.9%	74.9%	74.9%	74.9%	74.9%	74.9%	74.9%
	0%	0%	0.03%	0%	0.02%	0.05%	0.02%	0.01%	0%	0%	0%	0.02%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0.1%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	25.1%	25.1%	25.07%	25.1%	25.08%	25.05%	25.08%	25.09%	25.1%	25.1%	25.1%	24.98%
No. of shareholders	—	—	—	—	—	—	—	—	13,115	12,747	12,510	10,544

Promoter holding up 0 percentage points since Sep 2023.

10 deals · 22 Aug 2022 – 5 Mar 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
5 Mar 2026	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Sell	1,87,514	₹230.30	₹4.32 Cr
5 Mar 2026	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Buy	1,87,514	₹230.15	₹4.32 Cr
26 Aug 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	1,95,840	₹296.16	₹5.80 Cr
26 Aug 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	1,95,840	₹296.09	₹5.80 Cr
6 Aug 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	2,26,089	₹265.17	₹6.00 Cr
6 Aug 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	2,26,089	₹264.72	₹5.99 Cr
2 Aug 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	2,09,408	₹263.24	₹5.51 Cr
2 Aug 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	2,09,408	₹262.95	₹5.51 Cr
22 Aug 2022	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	86,092	₹610.42	₹5.26 Cr
22 Aug 2022	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	86,092	₹610.07	₹5.25 Cr

1–10 of 10

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. HIREN MANHARLAL SHAHExecutive Director-Chairperson related to Promoter
Mr. BHARAT MANHARLAL SHAHExecutive Director-MD
Mr. VIRAJ MANHARLAL SHAHExecutive Director-MD
Mr. PURAV HIREN SHAHExecutive Director-CEO
Mr. GURUDAS VISHWAS ARASNon-Executive - Independent Director
Mr. MEHERNOSH RUSI CURRAWALLANon-Executive - Independent Director
Mr. DEEPAK RAMESHCHANDRA SHAHNon-Executive - Non Independent Director
Mrs. JASVANTI AMAR PATELNon-Executive - Independent Director
Mr. RAHUL GAUTAM DIVANNon-Executive - Independent Director
Mr. PARAS KHIMJI SAVLANon-Executive - Independent Director
Ms. Anuradha TendulkarCompany Secretary & Compliance Officer

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 The Ruby Mills Limited. 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.

Loading events…

Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

29 announcementsExport CSV

3 Sept 2026, 6:06 pmCompany Update

Intimation Under Regulation 30 Regarding KYC Letter Dispatched To The Shareholders Of The Company

General PDF

Loading announcements…

Ratio	Mar 2026
Margins
Gross margin %	65.2%
EBITDA margin %	21%
EBIT margin %	14.2%
PAT margin %	12.2%
Working capital
Receivable days	44
Inventory days	253
Payable days	114
NWC days	183
Leverage
Current ratio	2.1
Debt to EBITDA	4.95
Debt to equity	0.55
Interest coverage	4.4
Asset turnover	0.29
Return ratios
Return on assets %	3.6%
Return on capital employed %	6.1%
Return on equity %	6.5%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
K.p.r. Mill LimitedKPRMILLKPRMILL	₹36,607 Cr	₹37,203 Cr	₹6,820 Cr	₹1,332 Cr	19.1%	₹912 Cr	13%	21.4%	16.2%	181
Welspun Living LimitedWELSPUNLIVWELSPUNLIV	₹22,941 Cr	₹24,744 Cr	₹9,934 Cr	₹884 Cr	8.4%	₹278 Cr	2.3%	6.6%	4.2%	108
Vardhman Textiles LimitedVTLVTL	₹15,322 Cr	₹17,177 Cr	₹10,186 Cr	₹1,387 Cr	12.6%	₹848 Cr	7.6%	8.6%	7.3%	259
Trident LimitedTRIDENTTRIDENT	₹11,293 Cr	₹13,061 Cr	₹6,781 Cr	₹877 Cr	13%	₹395 Cr	5.6%	10.6%	8%	103
Indo Count Industries LimitedICILICIL	₹8,789 Cr	₹9,862 Cr	₹4,390 Cr	₹424 Cr	9.5%	₹151 Cr	3.1%	10%	5.5%	215
Garware Technical Fibres LimitedGARFIBRESGARFIBRES	₹7,630 Cr	₹7,671 Cr	₹1,644 Cr	₹306 Cr	18.6%	₹190 Cr	13%	21.6%	15.3%	172
Kusumgar LimitedKUSUMGARKUSUMGAR	₹6,222 Cr	₹6,445 Cr	₹692 Cr	₹188 Cr	27.2%	₹98 Cr	14.2%	43.8%	35.2%	—
Filatex India LimitedFILATEXFILATEX	₹4,712 Cr	₹4,840 Cr	₹4,256 Cr	₹346 Cr	8.3%	₹191 Cr	4.4%	17.4%	12.9%	-4
Jindal Worldwide LimitedJINDWORLDJINDWORLD	₹4,594 Cr	₹5,152 Cr	₹2,300 Cr	₹124 Cr	5.9%	₹80 Cr	3.1%	13.5%	7.9%	112
Sanathan Textiles LimitedSANATHANSANATHAN	₹4,257 Cr	₹5,744 Cr	₹4,401 Cr	₹323 Cr	7.5%	₹61 Cr	2%	6.9%	4.2%	-25
Raymond Lifestyle LimitedRAYMONDLSLRAYMONDLSL	₹3,823 Cr	₹5,023 Cr	₹6,973 Cr	₹671 Cr	9.6%	₹43 Cr	0.7%	4%	0.5%	102
Alok Industries LimitedALOKINDSALOKINDS	₹3,505 Cr	₹29,610 Cr	₹3,775 Cr	₹66 Cr	0.8%	₹-711 Cr	-20%	-4%	—	93

Date	Category	Subject	Filing
3 Sept 2026, 6:06 pm	Company Update General	Intimation Under Regulation 30 Regarding KYC Letter Dispatched To The Shareholders Of The Company	PDF
3 Sept 2026, 6:03 pm	Company Update General	Letter To Shareholders Pursuant To 36(1)(B) Of SEBI LODR 2015	PDF
3 Sept 2026, 3:56 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
2 Sept 2026, 4:25 pm	Corp. Action Book Closure	Intimation Of Book Closure Date.	PDF
2 Sept 2026, 4:12 pm	Corp. Action Record Date	Intimation Of Record Date/Book Closure Date.	PDF
2 Sept 2026, 4:01 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
2 Sept 2026, 3:52 pm	AGM/EGM AGM	Notice Of 110Th Annual General Meeting.	PDF
2 Sept 2026, 3:48 pm	AGM/EGM AGM	Intimation Of 110Th Annual General Meeting.	PDF

The Ruby Mills Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Compounded returns

Return on equity

Segment results

Not Applicable · revenue

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

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Credit ratings

Dividends20

Board meetings1

Stock splits1

Profit & loss

Balance sheet

Cash flow

Compounded returns

Return on equity

Segment results

Not Applicable · revenue

20

1

1