Rolex Rings Limited
ROLEXRINGS.BO
Bombay Stock Exchange136.20
INR
-1.50
- -
ISIN
INE645S01024
Return %
Stock
S&P500
1Y
-91.50
26.57
3Y
-93.11
76.60
5Y
-88.32
78.48
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Manesh Dayashankar Madeka
- Full Time Employees
- 1,902
- Sector
- Industrials
- Industry
- Manufacturing - Metal Fabrication
- Address
- Gondal Road Rajkot India 360004
- IPO Date
- Aug 9, 2021
- Website
- rolexrings.com
- Similar Companies
- Business
- Rolex Rings Limited manufactures and sells forged and machined bearing rings and automotive components in India and internationally. The company produces a diverse range of products including transmission components such as gear blanks, ring gears, sun and pinion gears, shafts and lock nuts; engine components such as pulleys, cam lobes and other forged parts; chassis components such as wheel hubs, Gen2 and Gen3 bearing components, output shafts and CVJ components; exhaust system components such as flanges, biocones and tulips; and bearing rings encompassing roller bearings including tapered, cylindrical and spherical types, ball bearings including self-aligning and deep groove varieties, angular contact bearings and double row bearings. Rolex Rings serves sectors including automotive, railways, industrial machinery, wind turbines, aerospace, defense and energy, with customers comprising top bearing manufacturers, tier-I suppliers to auto OEMs and other global clientele. Founded in 1977 and headquartered in Rajkot, Gujarat, the company operates primarily from facilities in India with exports to international markets. Rolex Rings converted from a partnership firm to a limited company and listed on the stock exchanges through an IPO in July 2021, raising approximately Rs 731 crore via a fresh issue and offer for sale. In recent developments, the company pursues capacity utilization improvements from current levels of 62-64 percent, expands into higher-margin automotive components and premium international clients including new European and Indian programs, and advances operational automation such as switching to auto-loaded CNC machines with new fixtures to enhance productivity and quality in FY2025. Rolex Rings also focuses on increasing its export share, solar energy capacity expansion for reduced carbon footprint and ongoing investments in forging, machining and heat treatment facilities to support growth. These initiatives position the company for revenue growth projected at 15.1 percent annually and margin expansion through FY27.