Synopsis:
Rolex Rings Ltd. has revised the record date for its 1:10 stock split to 4th October 2025 from 19th September 2025.
The shares of the Small-Cap company, specializing in designing and testing precision metallic forged and machined components, are in focus following the record date revision for a 1:10 Stock Split.
With a market capitalization of Rs. 3,778.35 Crores on Thursday, the shares of Rolex Rings Ltd rose by 1.8 percent after making a high of Rs. 1412.95 compared to its previous closing price of Rs. 1387.70.
What Happened
Rolex Rings Ltd, engaged in designing and testing precision metallic forged and machined components, has revised the record date for the sub-division (stock split) of its equity shares.
The face value of the shares will be split from Rs. 10 to Rs. 1 each, fully paid-up, meaning that for every 1 share previously held, the shareholder will now receive 10 shares. The new record date for this change is 4th October 2025, while the previous record date was set for 19th September 2025.
This revision follows the Board meeting held on 4th September 2025, where the sub-division was approved. The company has informed the stock exchanges as per SEBI regulations and requested that to update their records accordingly.
Financials & Others
The company’s revenue declined by 6.1 percent from Rs. 311 crore to Rs. 292 crore in Q1FY25-26. Meanwhile, the Net profit declined from Rs. 50 crore to Rs. 49 crore during the same period.
The company demonstrates strong financial health with an ROCE of 22.8% and ROE of 19.2%, indicating efficient use of capital and shareholder equity. It maintains a low debt-to-equity ratio of 0.01, reflecting minimal reliance on debt. The stock is trading at a P/E ratio of 21.4, which is lower than the industry average of 26.6, suggesting it may be relatively undervalued compared to peers.
Rolex Rings Ltd is a leading Indian manufacturer of forged and machined components, primarily serving the automotive and bearing industries. Headquartered in Rajkot, Gujarat, the company is recognized among the top five forging companies in India by installed capacity, with a significant global footprint.
The company’s product portfolio includes hot-rolled, forged, and machined bearing rings, as well as automotive components used in vehicles, industrial machinery, wind turbines, and railways. Rolex Rings supplies both domestic and international customers, including major global bearing manufacturing companies and Tier-I suppliers to auto OEMs. It has built a strong reputation for precision engineering and tool design, and it has established long-term partnerships with key clients in India and abroad.
The company In Q1FY26, the company’s revenue was primarily driven by the Passenger Vehicle (PV) segment, contributing 50.2%, followed by Commercial and Heavy Commercial Vehicles (CV & HCV) at 25.5%, and Industrial applications at 16.4%. Battery Electric and Hybrid Vehicles (BEV & Hybrid) accounted for 7.9%, while 2-Wheelers (2W) had no contribution.
Written by Sridhar J
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