Synopsis:
The penny stock in gold trading, Royal India Corporation, reported a strong first quarter of FY26, with revenue up 267% YoY to ₹41.67 crore and a profit of ₹3.22 crore. This represents a significant turnaround from a loss the previous year.
A penny cap company involved in trading of gold and related products is in focus today after declaring financial results of Q1FY26. Check the below article to know about their performance.
With a market capitalization of Rs. 96.3 crores, the shares of Royal India Corporation ltd is trading at Rs. 8.80, up by 3.9 percent from its previous closing price of Rs. 8.47.
Q1FY26 Results
Royal India Corporation reported Rs. 41.67 crores in revenue for the first quarter of FY26, marking a strong year-on-year increase of over 267 percent compared to Rs. 11.35 crores in Q1FY25. However, on a sequential basis, revenue decreased by around 40.65 percent from Rs. 70.22 crores in Q4 FY25.
Royal India Corporation posted a net profit of Rs. 3.22 crores in Q1 FY26, a sharp YoY increase of 947 percent from the Rs. 0.38 crores loss reported in Q1 FY25. However, compared to Rs. 10.90 crores in Q4 FY25, profit declined by about 70.45 percent on a sequential basis.
The company reported a basic EPS of Rs. 0.30 in Q1 FY26, recovering from a negative Rs. 0.03 in Q1 FY25. Sequentially, EPS fell from Rs. 0.99 in Q4 FY25, reflecting the drop in quarterly profits.
Royal India Corporation ltd is engaged in the business of trading of gold bullion, plain gold jewelry, gold coins, medallions, etc. The Company also plans to enter into manufacturing and exporting of gold jewelry.
At the moment, the company’s P/E ratio is 6.68x as compared to its industry P/E 31.2x, and its ROE and ROCE are 38.9 percent and 10.7 percent, respectively. The D/E ratio of the company stands at 1.31.
Written by Akshay Sanghavi
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