Royal India Corporation Limited

Royal India Corporation Limited

BBSE:ROYALIND
5.39
INR
+0.18
(+3.45%)
4.43EPS
1.33P/E
696.02MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
57
70.31
79.61
12.31
44
54.44
86.95
0.94
0.77
16.26
12.5
20.1
3.95
0.74
Basic EPS, GAAP
0.07
0.1
0.2
0.02
-3.01
-2.61
-6.6
-3.35
-3.45
-1.61
-3.57
0.99
4.44
4.43
Free Cash Flow per Basic Share
-2.9
3.21
-0.75
-1.52
-16.36
-6.17
-4.19
-4.83
-4.98
-0.72
-0.86
-2.14
8.64
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
15.95
16.05
14.59
14.75
11.73
9.13
2.53
-0.82
-4.28
-5.89
-9.46
7.08
11.55
- -
Tangible Book Value per Share
15.95
16.05
14.59
14.75
11.73
9.13
2.53
-0.82
-4.28
-5.89
-9.46
7.08
11.32
- -
Basic Weighted Avg Shares
23
23
23
231
23
23
23
23
23
23
23
109
118
114
Sales/Revenue/Turnover
1,316
1,623
1,837
2,842
1,016
1,256
2,007
22
18
375
288
2,200
466
85
Operating Margin (%)
0.09
0.21
0.39
-0.18
-0.7
-0.78
-2.15
10.61
-61.62
7.27
-8.54
5.86
5.99
-25.09
Depreciation Expense
- -
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
2
Net Income, GAAP
2
2
5
4
-69
-60
-152
-77
-80
-37
-82
108
524
507
Effective Tax Rate (%)
2.54
35.04
39.66
55.25
- -
- -
- -
- -
- -
- -
- -
5.73
31.86
32.5
Profit Margin (%)
0.12
0.14
0.25
0.13
-6.84
-4.79
-7.59
-358.07
-450.51
-9.92
-28.58
4.92
112.47
595.36
Working Capital
413
358
323
683
979
1,024
943
939
921
864
794
1,115
862
- -
LT Debt
58
- -
- -
355
766
907
1,006
1,114
1,237
1,373
1,323
1,012
83
- -
Total Equity
368
371
337
340
271
211
58
-19
-99
-136
-218
775
1,408
- -
Return on Invested Capital (%)
0.38
0.54
1.15
0.07
- -
- -
- -
- -
- -
- -
- -
8.89
0.23
- -
Return on Capital (%)
0.38
0.55
1.11
1.64
- -
- -
- -
- -
- -
- -
- -
10.05
31.97
- -
Return on Common Equity (%)
0.41
0.62
1.28
1.11
-22.74
-24.99
-113.22
- -
- -
- -
- -
- -
48.99
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
35
- -
LT Borrowings
- -
83
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
118
118
118
Market Capitalization
724
519
696

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,370
- -
Cash, Cash Equivalents & STI
- -
15
- -
Accounts Receivable, Net
- -
267
- -
Inventories
- -
1,025
- -
Total Current Liabilities
- -
509
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
35
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-10.27%
28.74%
81.65%
Free Cash Flow
232.93%
94.78%
-536.1%
Net Income, GAAP
-166.05%
44.65%
383.53%
Sales/Revenue/Turnover
253.92%
512.85%
-78.84%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
114
799
586
702
2,200
2026
417
44
- -
5
466
2027
36
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-0.03
0.02
0.01
1
0.99
2026
0.29
0.13
0.04
3.96
4.44
2027
0.17
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Nitin Kamalkishore Gujral
Full Time Employees
7
Sector
Finance
Industry
Investment banks/Brokers
Address
34, Shanti Bhavan Mumbai MA India 400002
IPO Date
Aug 26, 2005
Website
ricl.in
Business
Royal India Corporation Limited engages in the wholesale trading of gold bullion, plain gold jewelry, gold coins, and medallions in India; it manufactures gold articles for export; and develops real estate properties, including luxury residential projects. Incorporated in 1984 and headquartered in Mumbai, India, the company operates primarily in the gold trading, jewelry manufacturing, and real estate sectors, targeting wholesale markets, exporters, and high-end residential customers in key urban areas such as Mumbai, Kalyan, Wadala, and Matunga. Core offerings encompass gold bullion and related products alongside premium real estate developments like Vertu in Wadala, Cote De Orient (Orient) in Matunga featuring customizable 4500 square feet flats, and the flagship Kalyan Marina project spanning 5 lakh square feet on a 2.2-acre plot with world-class amenities. Recently, Royal India Corporation completed a preferential issue of Rs 99 crores to fund Kalyan Marina, which commenced development in mid-2024 with projected revenues of Rs 265 crores over three years and attracted investments from Sunder Iyer and Mangal Keshav family offices; promoters increased their stake by 5% through this allotment. The company acquired developmental rights for additional plots including a 20,000 square feet site in Juhu targeting Rs 150 crores in revenues and an adjoining Kalyan APMC parcel for a 10 lakh square feet housing and commercial project in partnership with MHADA aiming for Rs 300 crores over five years; it also completed the acquisition of Suryam India Minecorp Private Limited as a wholly owned subsidiary and wiped out all past losses to support real estate expansion. Formerly known as Natraj Financial & Services Limited until a name change in 2011, Royal India Corporation lists on the Bombay Stock Exchange under ticker ROYALIND.BO and maintains operations focused on infrastructure development and investments.