Royal India Corporation Ltd
Incorporated in 1984, Royal India Corporation Ltd is in the business of selling Gold & Gold related products[1]
- Market Cap ₹ 69.2 Cr.
- Current Price ₹ 5.87
- High / Low ₹ 9.39 / 2.82
- Stock P/E 1.31
- 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 0.51 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: | 6% |
| 5 Years: | 20% |
| 3 Years: | 15% |
| 1 Year: | -34% |
| 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 | 102 | |
| -0 | 0 | -0 | -2 | -1 | 0 | 0 | -0 | -12 | 7 | -34 | -7 | |
| -6 | 0 | 35 | 41 | 14 | 10 | 11 | 12 | 14 | -5 | 57 | -95 | |
| Net Cash Flow | 2 | -2 | 0 | 2 | -1 | 1 | -0 | 0 | -0 | 0 | 0 | -0 |
| Free Cash Flow | 7 | -2 | -35 | -38 | -14 | -10 | -11 | -11 | -2 | -2 | -23 | 100 |
| CFO/OP | 1,644% | -242% | 6,634% | 4,835% | 1,435% | 121% | -6,189% | 1,054% | -58% | 80% | -168% | 4,590% |
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 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Number of equity shares outstanding count |
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| Number of permanent employees (managerial personnel) count |
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Extracted by Screener AI
Documents
Announcements
- Intimation Under Regulation 42(Closure Of Register Of Members And Share Transfer Books) And Regulation 44 (Cut-Off Date For E-Voting) Of SEBI (Listing Obligation And Disclosure Requirements) Regulation 2015 2d
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Announcement under Regulation 30 (LODR)-Newspaper Publication
11 Jul - Kindly find attached newpaper advertisement published in Financial Express (Nationwide circulation- English) and Dainik Mahasagar(marathi local)on 11th July, 2026 regarding notice of the ....
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Jul - Pursuant to Regulation 74(5) of SEBI (Depositories & Participants) Regulations, 2018 we are submitting certificate dated 01st July 2026 issued by Registrar and Share transfer …
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Extra-Ordinary General Meeting On 30Th July 2026 At 11.45 A.M. (IST) Through Video Conferencing ('VC') / Other Audio Visual Means ('OAVM')
8 Jul - EGM on 30 July 2026 to approve Mr. Rishabh Sareen’s five-year executive director appointment at up to ₹6 lakh yearly.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
8 Jul - We submit herewith copies of the newspaper advertisement (pre dispatch of EGM Notice) related ensuing EGM of the Company scheduled to be held on Thursday, …
Annual reports
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Financial Year 2025
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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
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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