Rolex Rings Limited — Investor Meet, 06-06-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Rolex Rings reported Q4 revenue of ₹284 Cr, up 9% QoQ but down ~10% YoY, with EBITDA at ₹62 Cr (~22% margins) and PAT at ₹55 Cr after Q3’s one-offs. FY25 revenue was steady at ₹1,154 Cr, with 23% EBITDA margins and PAT of ₹174 Cr. Exports fell due to weak European bearing ring demand (53% of sales), while domestic and auto component businesses showed strength, especially in EV-related orders for the US and Europe. Bearing ring recovery in Europe is expected from Q3 FY26, full recovery over 6–8 quarters. CAPEX of ₹30–40 Cr is planned. Management is confident on resolving a ₹228 Cr bank interest issue. FY26 revenue growth is targeted at ~15%, with EBITDA margins improving to ~23.5%. The outlook is cautiously optimistic, underpinned by operational leverage and market recovery.