- Rolex Rings shares rose 10.24% to Rs 186.10 after strong Q2FY27 results
- Net profit increased 66.8% to Rs 73.9 crore from Rs 44.3 crore a year ago
- Revenue surged 43.4% to Rs 389 crore in the September quarter of FY27
Rolex Rings shares were buzzing in trade on Wednesday, with the scrip rising up 10.24% to hit an intraday high of Rs 186.10 per share on reporting strong numbers in the September quarter (Q2FY27) results.
At 1:54 pm, Rolex Rings shares were off day's high, but continued to trade higher, up 5.36% at Rs 177.85 per share.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
Rolex Rings reported a net profit of Rs 73.9 crore, up 66.8% from Rs 44.3 crore profit a year ago.
Top line or revenue from operations, surged 43.4% annually to Rs 389 crore in the September quarter of FY27, as against Rs 271 crore in the September quarter of FY26.
At the operating level, earnings before interest, tax, depreciation and amortisation (EBITDA) surged 72.3% YoY to Rs 94.4 crore in the September quarter of FY27, from Rs 54.8 crore in the September quarter of FY26.
READ | Q2 Results Live Updates: NLC India Profit Doubles; Redington Profit Jumps Over 39%
Subsequently, EBITDA margin expanded 410 basis points (bps) to 24.3% in the Q2FY27, from 20.2% a year ago.
Rolex Rings Share Price History
Rolex Rings shares have gained 9.29% over the past week and 14.58% in two weeks. The stock has declined 7.3% in the past month but has rallied 28.7% over three months and 23.8% in six months. On a year-to-date (YTD) basis, the stock has surged 41.8%, delivering returns of 50.9% over the past year.
About Rolex Rings
Headquartered in Rajkot, Rolex Rings is among India's top forging companies, manufacturing and supplying hot-rolled, forged and machined bearing rings, along with complex automotive components.
The company operates three manufacturing units equipped with forging, heat treatment and precision machining facilities.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.