1. India Stocks

  2. •

    Consumer Cyclical

  3. •

    Luxury Goods
Renaissance Global Limited

Renaissance Global Limited

RGL.NS
Renaissance Global LimitedIN flagNational Stock Exchange of India
120.01
INR
-1.34
- -
12.88BMarket Cap
Renaissance Global Limited
RGL.NS
(National Stock Exchange of India)

Recent

price

120.01

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
90.39
99.76
99.79
128.11
133.8
138.33
159.87
195.84
277.14
267.66
217.17
233.67
236.64
220.85
136.87
129.28
225.55
Revenue per Share
3.21
3.52
1.55
3.09
4.21
4.97
4.56
6.82
8.21
9.42
4.55
11.3
9.22
7.59
2.51
1.17
6.1
Basic EPS, GAAP
-3.82
-1.02
5.08
-6.89
9.54
6.12
-1.28
-4.96
-37.65
20.73
11.81
6.99
20.21
-5.3
-3.02
3.84
- -
Free Cash Flow per Basic Share
0.47
- -
0.35
0.23
0.23
0.72
- -
0.1
0.08
- -
0.91
1.11
0.6
0.3
- -
- -
- -
Dividend per Share
2
21.68
22.99
2
29.44
39.28
45.54
51.24
60.84
69.04
77.32
88.11
94.33
98.45
95.08
2
2
Book Value per Share
25.92
30.2
32.22
37.34
40.06
46.47
53.61
58.84
68.16
72.66
89.19
94.68
103.9
115.02
123
133.76
133.72
Tangible Book Value per Share
95
95
95
95
95
95
92
92
93
93
93
94
94
95
107
107
107
Basic Weighted Avg Shares
8,623
9,517
9,519
12,222
12,764
13,196
14,734
18,096
25,889
25,003
20,287
21,877
22,338
21,048
14,676
13,875
24,213
Sales/Revenue/Turnover
5.24
5.94
3.44
3.98
3.12
4.87
3.84
3.12
4.5
5.1
4.08
6.59
7.43
6.67
5.26
6.44
6.8
Operating Margin (%)
63
97
105
120
174
150
140
124
181
311
314
351
320
302
302
334
271
Depreciation Expense
306
335
148
295
402
474
420
630
767
880
425
1,058
871
724
269
126
655
Net Income, GAAP
7.46
25.36
35.67
23.27
12.55
17.23
21.27
14.22
4.36
16.16
21.91
22
7.35
13.82
21.7
32.17
21.01
Effective Tax Rate (%)
3.55
3.52
1.55
2.41
3.15
3.6
2.85
3.48
2.96
3.52
2.09
4.84
3.9
3.44
1.83
0.91
2.7
Profit Margin (%)
1,595
1,997
2,174
2,635
2,954
3,592
4,133
4,574
6,288
6,495
8,338
8,231
8,923
9,953
11,935
13,509
13,509
Working Capital
2,828
- -
- -
- -
- -
24
19
13
893
1,130
1,151
1,768
1,801
1,636
1,524
1,926
1,926
LT Debt
2,637
3,129
3,249
3,739
3,991
4,615
5,109
5,495
6,649
6,993
8,428
9,241
10,265
11,485
14,223
15,435
15,435
Total Equity
9.02
7.45
3.66
5.82
5.03
7.69
5.69
5.54
10.07
8.05
4.63
7.14
9.24
7.04
3.12
2.84
6.09
Return on Invested Capital (%)
18.14
10.99
4.88
9.35
11.01
9.54
7.49
9.43
9.8
9
4.74
8.7
8.06
7.48
3.22
2.73
8.06
Return on Capital (%)
160.48
29.68
6.93
24.73
26.78
14.47
10.59
14.11
14.73
14.5
6.22
13.67
10.15
7.91
2.75
2.42
12.58
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
5,634
- -
4,487
LT Borrowings
132
- -
535
LT Finance Leases
1,352
- -
1,391
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
107
- -
107
Market Capitalization
11,994
13,530
10,443

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
21,115
- -
20,244
Cash, Cash Equivalents & STI
2,234
- -
2,119
Accounts Receivable, Net
7,997
- -
8,407
Inventories
10,504
- -
9,410
Total Current Liabilities
8,464
- -
6,735
Payables & Accruals
- -
- -
- -
ST Debt
5,634
- -
4,487
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.99%
13%
8.52%
Free Cash Flow
39.89%
-47.82%
-227.38%
Net Income, GAAP
2.16%
-0.33%
-53.19%
Sales/Revenue/Turnover
2.37%
-6.31%
-5.46%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,732
4,419
6,555
5,342
21,048
2025
4,448
4,116
7,101
3,489
14,676
2026
5,303
5,464
9,629
3,817
13,875

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.51
1.11
2.92
- -
7.59
2025
1.62
1.17
2.5
-0.02
2.51
2026
0.59
1.8
2.99
0.72
1.17

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.3
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Similar Companies
Rajesh Exports Limited (RAJESHEXPO.NS)
Opal Luxury Time Products Ltd (OPAL.NS)
Emperor Watch & Jewellery Limited (0887.HK)
The Swatch Group AG (0QJV.L)
LVMH Moët Hennessy - Louis Vuitton, Société Européenne (MC.SW)
Festaria Holdings Co., Ltd. (2736.T)
Business
Renaissance Global Limited is a global branded jewelry company that designs, manufactures, and supplies a diverse portfolio of products including gold, platinum, and silver jewelry adorned with polished diamonds and other precious stones. Its core offerings are categorized into four business lines: in-house brands, licensed brands, customer brands, and plain gold jewelry. The in-house brands, such as Irasva, Jewelili, and Made For You, focus primarily on direct-to-consumer markets in the United States, while licensed brands include partnerships with globally recognized names like Disney, Hallmark, Warner Bros, and the National Football League, marketed through both B2B and D2C channels. The customer brands division serves specialty jewelers, department stores, online platforms, and designer brands, while the plain gold jewelry segment concentrates on manufacturing and distributing fast-moving plain gold pieces. Renaissance Global operates retail chains in India and maintains significant market presence in the United States, Canada, the United Kingdom, and key Asian markets. Founded in 1989 and headquartered in Mumbai, India, the company manages an extensive global supply chain including imports and exports of key materials such as rhodium, zirconia, and ruby. Recent strategic developments include expanding its branded product portfolio, launching six direct-to-consumer e-commerce websites since 2020 to enhance online sales capabilities, and strengthening licensing agreements with leading global entertainment and lifestyle brands to diversify and grow its global footprint. The company employs advanced design, manufacturing, and craftsmanship expertise leveraging over 150 designers, aiming to deliver fine jewelry with a luxury lifestyle appeal across international markets.