Rolex Rings Limited

NSE ROLEXRINGS.NS

Rolex Rings Limited Return on Equity (ROE) for the year ending March 31, 2024: 17.37%

Rolex Rings Limited Return on Equity (ROE) is 17.37% for the year ending March 31, 2024, a -34.84% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

Rolex Rings Limited Return on Equity (ROE) for the year ending March 31, 2023 was 26.66%, a 10.14% change year over year.
Rolex Rings Limited Return on Equity (ROE) for the year ending March 31, 2022 was 24.21%, a -0.69% change year over year.
Rolex Rings Limited Return on Equity (ROE) for the year ending March 31, 2021 was 24.38%, a 23.44% change year over year.
Rolex Rings Limited Return on Equity (ROE) for the year ending March 31, 2020 was 19.75%, a -27.98% change year over year.

Key data

Date	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio

NSE: ROLEXRINGS.NS

Rolex Rings Limited

CEO	Mr. Manesh Dayashankar Madeka
IPO Date	Aug. 9, 2021
Location	India
Headquarters	Gondal Road
Employees	1,902
Sector	Consumer Discretionary
Industries Automotive Parts Automobiles & Vehicles Composite Materials Machinery Motorcycles Plastics Steel

Description

Rolex Rings Limited manufactures and sells machined / forged rings and auto components in India and internationally. It offers transmission components, such as gear blanks, ring gears, sun and pinion products, shafts, and lock nuts; engine components, including pullies, cam lobs, and other forged components; chasis components comprising wheel hubs, gen2 and gen3 bearing components, output shafts, and CVJ components; bearing rings; and exhaust system components consisting of flanges, biocones, and tulips. The company's products are used in industrial, railways, off highway, earth moving, windmill, textile, electrical, defense, power, aerospace, marine, and oil and natural gas industries, as well as for two, three, and four wheelers. Rolex Rings Limited was founded in 1977 and is based in Rajkot, India.

Key trends

Past 5 years