Rolex Rings Limited, one of India's leading manufacturers and global suppliers of forged and machined components, presented its investor update for May 2026, highlighting FY26 and Q4 FY26 financial performance, strategic milestones, and shareholder return initiatives. The company, ranked among the 5th largest forging capacity holders in India with a production capacity of 1,65,000 MTPA, supplies parts to more than 17 countries across Europe, South America, North America, and Asia. In a related development, the company has made the audio recording of its Q4 FY26 earnings call with analysts and investors available on its website, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

FY26 Financial Performance

Rolex Rings reported FY26 revenue from operations of Rs. 1,143.5 Crs, a marginal decline of 1.0% YoY compared to Rs. 1,154.8 Crs in FY25. Bearing Rings revenue grew 11% YoY to Rs. 539 Crs, while Automotive Components revenue declined 10% YoY to Rs. 520 Crs. Despite the revenue softness, gross profit improved 3.3% YoY to Rs. 588.8 Crs, with gross margin expanding to 51.5% from 49.4% in FY25. The following table summarises the key FY26 financial metrics:

EBITDA (excluding other income) stood at Rs. 230.2 Crs, declining 4.3% YoY, with EBITDA margin at 20.1% versus 20.8% in FY25. Adjusted PAT (excluding exceptional items related to the RoR settlement) was Rs. 192.7 Crs, nearly flat YoY at +0.1%, with an adjusted PAT margin of 16.9%, up 30 bps YoY. Reported PAT stood at Rs. 141.1 Crs, impacted by exceptional items of Rs. 51.6 Crs related to the RoR settlement.

Q4 FY26 Performance

In Q4 FY26, Rolex Rings delivered revenue from operations of Rs. 305.7 Crs, up 7.7% YoY from Rs. 283.9 Crs. Bearing Rings revenue grew 14% YoY to Rs. 137 Crs, while Automotive Components revenue rose 4% YoY to Rs. 146 Crs. Gross profit for the quarter stood at Rs. 167.4 Crs with a gross margin of 54.7%, compared to 46.8% in Q4 FY25. EBITDA (excluding other income) was Rs. 56.2 Crs, up 7.7% YoY, with EBITDA margin steady at 18.4%. Adjusted PAT for Q4 FY26 was Rs. 49.1 Crs with an adjusted PAT margin of 16.0%, reflecting a decline of 320 bps YoY. Reported PAT for Q4 FY26 was Rs. (0.1) Crs, impacted by exceptional items of Rs. 49.2 Crs recognised in the quarter.

Balance Sheet Strength and Shareholder Returns

Rolex Rings has completed a significant financial transformation. The company exited Corporate Debt Restructuring (CDR) in 2022 as a zero-debt entity and, in March 2026, honoured its Right of Recompense (RoR) obligation in full, making payments aggregating Rs. 101 Crs to its consortium lenders. As of March 2026, the company holds net cash and investments of Rs. 367 Crs, with cash and cash equivalents of Rs. 69.3 Crs and investments of Rs. 288.2 Crs, and zero gross debt. Working capital days stood at 195 days as of March 2026, compared to 186 days in March 2025.

In April 2026, the Board approved a buyback of 1 crore equity shares at Rs. 180 per share, aggregating Rs. 180 Crs, representing 3.67% of total paid-up capital. Members of the promoter and promoter group have indicated their intention not to participate in the proposed buyback, ensuring the full benefit flows to public shareholders.

Business Profile and Revenue Mix

Rolex Rings operates three manufacturing units at Rajkot, Gujarat, with 26 forging lines and 625 machining spindles. The company's FY26 revenue mix was balanced between domestic (56%) and exports (44%), with product categories comprising Bearing Rings at 47%, Automotive Components at 45%, and Others at 8%. The company supplies to 57 customers across 14 countries and holds certifications including ISO 9001, IATF 16949, ISO 45001, and ISO 18001.

The company has received multiple quality recognitions, including the Quality Excellence Award consecutively from 2014 to 2022, Zero PPM Award in 2022, Q1 Certificate in 2021, and the Quality Award in 2025. Seven out of its top 10 customers have been associated with the company for more than 15 years.

ESG and Sustainability Initiatives

Rolex Rings has installed a total renewable energy capacity of 21.55 MW, comprising a 2.3 MW rooftop solar plant, a 15.5 MW ground-mounted solar plant, and a 3.75 MW windmill power station. An additional 9 MW solar plant is planned to be set up by mid-CY2026. The company targets 60% of its energy consumption from renewable sources by 2030, subject to government policy and approvals. Sustainability efforts also include afforestation of 12,000+ trees over the past five years with 500+ trees planted annually, wastewater reuse for gardening and internal applications, a biogas plant processing canteen waste, and an oil-water separator system for plant operations.

Earnings Call Recording

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, Rolex Rings has informed the stock exchanges that the audio recording of its earnings call with analysts and investors — held on May 18, 2026 in connection with the audited financial results for the quarter and year ended March 31, 2026 — has been made available on the company's website at www.rolexrings.com .

Rolex Rings Limited has reported its audited standalone financial results for Q4FY26 (quarter and year ended March 31, 2026), revealing a mixed performance. The company's revenue grew to 3B rupees compared to 2.8B rupees in the same period last year, reflecting year-on-year top-line expansion. However, the company recorded a standalone net loss of 1.5M rupees for the quarter, against a net profit of 546M rupees in the corresponding period of the previous year.

Q4FY26 Financial Highlights

The following table presents the key financial metrics for Q4FY26 on a year-on-year basis:

On the operational front, Rolex Rings delivered an improvement in absolute EBITDA, rising to 563M rupees from 521M rupees year-on-year. The EBITDA margin also edged higher to 18.42% from 18.40% in the year-ago period, indicating stable operating efficiency despite the revenue base expansion.

Analyst & Investor Conference Call

Ahead of the results, Rolex Rings had scheduled an Investor/Analyst Conference Call on Monday, May 18, 2026, at 9:30 am IST to discuss these audited standalone financial results. The call was attended by senior management, including Mr. Manesh Madeka (Chairman & Managing Director), Mr. Mihir Madeka (Executive Director), and Mr. Hiren Doshi (Chief Financial Officer). The intimation was filed pursuant to Regulation 30 read with Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was signed by CS Hardik Dhimantbhai Gandhi, Company Secretary & Compliance Officer (Membership No. A39931), on May 13, 2026. A transcript of the call is to be hosted on the company's official website at www.rolexrings.com .