Whalesbook
Rolex Rings' stock climbed 16% to ₹162.10 during intraday trading on the BSE Tuesday, directly following the company's announcement of a potential share buyback. The proposal is set for consideration and approval at a board meeting on April 23, 2026.
Strong Quarterly Performance Boosts Confidence
Adding to the positive sentiment, Rolex Rings posted exceptional results for the October to December 2025 quarter. Net profit more than doubled, jumping over 100% to ₹47.8 crore, up from ₹20.2 crore in the same period last year. The significant profit increase was mainly due to a substantial rise in other income, which grew to ₹17.4 crore from ₹3.9 crore, combined with lower raw material costs.
Revenue and Export Trends
Revenue from operations grew modestly by 5.7% to ₹274.80 crore from ₹259.9 crore a year earlier. Exports to Europe improved, up 10% from the previous quarter and 25% year-over-year. However, exports to the United States declined, falling 10% from Q2 and 30% year-over-year. Management anticipates tariff normalization by Q1FY27. Growth is expected to be focused on auto components, backed by a strong European order book.
Focus on Advanced Components
Rolex Rings is strategically shifting towards advanced automotive and electric vehicle (EV) components. The company is leveraging its broad customer base across ICE, hybrid, and EV platforms to expand profit margins and capture a larger share in premium market segments. While ICE vehicles still dominate the global auto sector, the company notes increasing momentum in hybrids and steady progress in EV adoption, despite existing technological and infrastructure challenges.