1. India Stocks

  2. •

    Industrials

  3. •

    Industrial - Distribution
RO Jewels Limited

RO Jewels Limited

ROJL.BO
RO Jewels LimitedIN flagBombay Stock Exchange
1.75
INR
+0.02
- -
88.28MMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.14
1.93
0.84
24.76
8.67
9.87
100.41
72.61
9.01
23.18
Basic EPS, GAAP
0.01
0.01
- -
-0.02
0.02
0.03
0.4
0.18
0.03
0.03
Free Cash Flow per Basic Share
0.19
-0.06
-0.17
-1.02
-0.21
-0.21
0.41
0.24
-0.02
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.05
0.04
0.09
0.54
0.56
0.6
2.4
2.58
2.62
- -
Tangible Book Value per Share
0.05
0.04
0.35
1.94
1.97
2
2.4
2.58
2.62
- -
Basic Weighted Avg Shares
50
50
50
51
50
50
50
50
50
55
Sales/Revenue/Turnover
57
98
42
1,254
437
498
5,065
3,663
455
1,267
Operating Margin (%)
2.79
2.15
0.35
-0.08
0.18
0.44
0.39
- -
0.02
0.12
Depreciation Expense
- -
- -
- -
- -
- -
- -
1
2
1
1
Net Income, GAAP
1
1
- -
-1
1
2
20
9
2
1
Effective Tax Rate (%)
- -
- -
- -
- -
0.6
14.62
19.92
11.52
14.91
18.72
Profit Margin (%)
1.02
0.7
0.35
-0.07
0.18
0.35
0.4
0.25
0.38
0.11
Working Capital
3
9
17
97
98
94
105
108
113
- -
LT Debt
5
10
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
2
2
18
98
99
101
121
130
132
- -
Return on Invested Capital (%)
- -
- -
0.74
- -
0.76
1.75
12.52
- -
0.04
- -
Return on Capital (%)
- -
- -
1.08
- -
2.34
5.24
22.76
6.16
0.79
1.83
Return on Common Equity (%)
- -
30.53
4.41
-5.83
2.84
6
26.61
7.34
1.31
- -

Capital Structure

FRC

•

in mil. unless spec.
Jun'26
Sep'26
Dec'26
ST Debt
- -
113
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
50
- -
Market Capitalization
136
120
107

Working Capital

FRC

•

in mil. unless spec.
Jun'26
Sep'26
Dec'26
Total Current Assets
- -
272
- -
Cash, Cash Equivalents & STI
- -
19
- -
Accounts Receivable, Net
- -
106
- -
Inventories
- -
130
- -
Total Current Liabilities
- -
144
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
113
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
6.29%
1.3%
Free Cash Flow
- -
-105.41%
-107.96%
Net Income, GAAP
- -
169.69%
-81.43%
Sales/Revenue/Turnover
- -
150.15%
-87.59%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,728
199
199
577
3,663
2025
64
- -
2
389
455
2026
471
407
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.22
0.04
0.04
- -
0.18
2025
0.01
0.02
0.01
- -
0.03
2026
0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Shubham Bharatbhai Shah
Sector
Industrials
Industry
Industrial - Distribution
Address
707, Addore Asspire Ahmedabad India 380001
IPO Date
Mar 20, 2020
Website
rojewels.co.in
Similar Companies
T. Spiritual World Limited (TSPIRITUAL.BO)
Hargreaves Services Plc (HSP.L)
Sicagen India Limited (SICAGEN.BO)
Hudaco Industries Limited (HDC.JO)
Ace Pillar Co., Ltd. (8374.TW)
Sanblue Corporation Limited (SANBLUE.BO)
Business
RO Jewels Limited engages in the wholesale trading of gold and silver jewelry products, primarily chains, bracelets, vertical mala, mangalsutra, bangles, and sets, under the Ravi Ornaments brand in India. The company offers a diverse range of chains including machine chains, fancy pipe chains, hand-made chains, nawabi chains, lotus chains, indo-italian chains, hollow chains, singapore chains, bahubali chains, and CZ chains; bracelets such as nawabi bracelets, lotus bracelets, hollow bracelets, singapore bracelets, cartier bracelets, bahubali bracelets, CZ bracelets, ladies CZ bracelets, and rudrax mala bracelets; as well as choker and short sets, long sets, and antique jadtar sets. It procures hallmarked gold and silver mainly from the bullion market and readymade jewelry from manufacturers and wholesalers in Ahmedabad and Mumbai, selling through its showroom at Manek Chowk in Ahmedabad and a B2B marketing team targeting jewelry stores exclusively in Gujarat. Founded in 2018 as RO Jewels Private Limited and converted to a public company in 2019 with listing on the BSE SME platform in March 2020, the company is headquartered at Common, 131/A Ganchi S Pole, Manek Chowk, Ahmedabad, Gujarat 380001, India. In recent developments, RO Jewels acquired the entire business of promoter Bharat Rasiklal Shah's proprietorship M/s Ravi Ornaments effective May 31, 2019 via a business succession agreement dated December 18, 2019; reported standalone net sales of Rs 38.86 crore for the March 2025 quarter down 32.66% year-over-year and full-year FY2025 sales of Rs 45.48 crore down 87.58%; appointed Mr. Ritesh Soni as a company appointee as approved in a March 18, 2025 board meeting; and held its latest annual general meeting on September 30, 2024 with balance sheet filed as of March 31, 2024. Promoter holding decreased to 2.87% as of September 2025 from 3.86% in December 2024, reflecting ongoing operational adjustments amid fluctuating financial performance.