Royal India Corporation Ltd
Incorporated in 1984, Royal India Corporation Ltd is in the business of selling Gold & Gold related products[1]
- Market Cap ₹ 74.1 Cr.
- Current Price ₹ 6.28
- High / Low ₹ 10.0 / 2.82
- Stock P/E 1.40
- Book Value ₹ 11.6
- Dividend Yield 0.00 %
- ROCE 49.3 %
- ROE 49.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.54 times its book value
- Company has delivered good profit growth of 54.7% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.75.6 Cr.
- Company has high debtors of 211 days.
- Promoter holding has decreased over last 3 years: -3.45%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 162 | 184 | 284 | 102 | 126 | 201 | 2 | 2 | 37 | 29 | 220 | 46 | |
| 162 | 183 | 285 | 102 | 127 | 209 | 2 | 3 | 35 | 31 | 207 | 44 | |
| Operating Profit | 0 | 1 | -1 | -1 | -1 | -8 | 0 | -1 | 3 | -2 | 13 | 2 |
| OPM % | 0% | 0% | -0% | -1% | -1% | -4% | 8% | -62% | 7% | -8% | 6% | 5% |
| 0 | 0 | 3 | 0 | 1 | 0 | 0 | 0 | 1 | -2 | 3 | 76 | |
| Interest | 0 | 0 | 1 | 9 | 9 | 11 | 12 | 13 | 11 | 5 | 4 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 1 | 1 | -10 | -9 | -18 | -11 | -14 | -7 | -9 | 11 | 78 |
| Tax % | 37% | 39% | 55% | -28% | -30% | -17% | -31% | -42% | -45% | -9% | 6% | 32% |
| 0 | 0 | 0 | -7 | -6 | -15 | -8 | -8 | -4 | -8 | 11 | 53 | |
| EPS in Rs | 0.10 | 0.19 | 0.16 | -3.01 | -2.61 | -6.60 | -3.35 | -3.45 | -1.61 | -3.57 | 0.99 | 4.49 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -13% |
| 5 Years: | 84% |
| 3 Years: | 7% |
| TTM: | -79% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 61% |
| 5 Years: | 55% |
| 3 Years: | 153% |
| TTM: | 389% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 44% |
| 3 Years: | 20% |
| 1 Year: | -25% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 49% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 109 | 118 |
| Reserves | 14 | 14 | 11 | 4 | -2 | -17 | -25 | -33 | -37 | -45 | -32 | 19 |
| 5 | 5 | 44 | 87 | 96 | 108 | 119 | 132 | 137 | 132 | 101 | 0 | |
| 10 | 55 | 145 | 201 | 221 | 32 | 31 | 31 | 41 | 41 | 47 | 47 | |
| Total Liabilities | 52 | 97 | 224 | 315 | 339 | 146 | 149 | 153 | 165 | 152 | 225 | 184 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| 52 | 97 | 224 | 315 | 339 | 146 | 148 | 153 | 164 | 152 | 225 | 183 | |
| Total Assets | 52 | 97 | 224 | 315 | 339 | 146 | 149 | 153 | 165 | 152 | 225 | 184 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7 | -2 | -35 | -38 | -14 | -10 | -11 | -11 | -1 | -2 | -23 | ||
| -0 | 0 | -0 | -2 | -1 | 0 | 0 | -0 | -12 | 7 | -34 | ||
| -6 | 0 | 35 | 41 | 14 | 10 | 11 | 12 | 14 | -5 | 57 | ||
| Net Cash Flow | 2 | -2 | 0 | 2 | -1 | 1 | -0 | 0 | -0 | 0 | 0 | |
| Free Cash Flow | 7 | -2 | -35 | -38 | -14 | -10 | -11 | -11 | -2 | -2 | -23 | |
| CFO/OP | 1,644% | -242% | 6,634% | 4,835% | 1,435% | 121% | -6,189% | 1,054% | -58% | 80% | -168% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 89 | 183 | 236 | 843 | 757 | 129 | 11,944 | 14,256 | 829 | 994 | 38 | 211 |
| Inventory Days | 0 | 2 | 16 | 213 | 164 | 110 | 55,255 | 548 | 545 | 226 | 911 | |
| Days Payable | 22 | 108 | 186 | 616 | 645 | 59 | 29,050 | 420 | 425 | 60 | 283 | |
| Cash Conversion Cycle | 66 | 78 | 66 | 440 | 275 | 180 | 11,944 | 40,461 | 957 | 1,114 | 204 | 839 |
| Working Capital Days | 76 | 72 | 88 | 345 | 295 | 169 | 15,681 | 18,689 | 837 | 991 | 183 | 682 |
| ROCE % | 1% | 2% | 4% | -0% | 0% | -7% | 0% | -1% | 3% | -4% | 11% | 49% |
Insights
In beta| Mar 2010 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Shareholders Nos. |
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| Concentration of Bullion Sales in Revenue % |
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| Gold Bar Sales Volume kg |
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| Kalyan Marina Project Planned Area sq ft |
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| Kalyan Marina Project Plot Size acres |
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| Equity Shares Allotted for Expansion Nos. |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
4h - We submit herewith the extract of the audited consolidated and standalone financial results of the Company for the quarter and financial year ended 31st March …
- Results-Financial Results For Quarter And Financial Year Ended 31.03.2026 2d
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Board Meeting Outcome for Declaration Of Outcome Of The Board Meeting Held On May 30, 2026
2d - Board approved FY26 audited standalone and consolidated results on May 30, 2026; auditor issued unmodified opinion.
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Board Meeting Intimation for Considering And Approval Of The Standalone And Consolidated Audited Financial Results Of The Company For The Quarter And Financial Year Ended March 31, 2026 Along-With Statutory Audit Report.
21 May - Board meeting on May 30, 2026 to approve FY26 audited financial results.
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Board Meeting Outcome for Declaration Of Outcome Of The Board Meeting Held On April 30, 2026
30 Apr - Board appointed Rishabh Vikash Sareen as additional director; noted Ikerath Joseph Sam’s resignation effective April 16, 2026.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
Business Overview:[1]
RICL is in the wholesale trading of:
a) Gold Bullion
b) Plain gold jewellery
c) Gold coins
d) Medallion
Business Verticals:[2]
a) Stone Mining:
The company has entered the mining sector through a 100% investment in Suryam India Minecorp Limited, targeting high-silica assets with applications across interiors, exteriors, cladding, landscaping, and design elements such as monuments and décor. These materials support export potential in glass, ceramics, refractories, cosmetics, abrasives, and electronics
b) Defence:
The company is foraying in the Defence sector for dealing in electronic warfare, drone technology (UAVs), Robotics & ML besides innovation in conventional warfare weaponry.
c) Gold:
The company is in the business of gold bar sale
d) Real Estate:
The company plans for a real-estate project in Kalyan, Maharashtra, by purchasing development rights for Kalyan Marina Project