Royal India Corporation Ltd
Incorporated in 1984, Royal India Corporation Ltd is in the business of selling Gold & Gold related products[1]
- Market Cap ₹ 75.8 Cr.
- Current Price ₹ 6.42
- High / Low ₹ 31.0 / 5.81
- Stock P/E 6.20
- Book Value ₹ 8.78
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.75 times its book value
- Promoter holding has increased by 4.47% over last quarter.
Cons
- Company's cost of borrowing seems high
- 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2010 | Mar 2011 | Mar 2025 | |
|---|---|---|---|
| 13 | 65 | 220 | |
| 13 | 64 | 207 | |
| Operating Profit | 0 | 1 | 13 |
| OPM % | 0% | 1% | 6% |
| 0 | 0 | 3 | |
| Interest | 0 | 0 | 4 |
| Depreciation | 0 | 0 | 0 |
| Profit before tax | 0 | 1 | 11 |
| Tax % | 31% | 14% | 6% |
| 0 | 1 | 11 | |
| EPS in Rs | 0.26 | 0.26 | 0.99 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
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| Compounded Profit Growth | |
|---|---|
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| 5 Years: | % |
| 3 Years: | % |
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| Stock Price CAGR | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 47% |
| 3 Years: | 37% |
| 1 Year: | -75% |
| Return on Equity | |
|---|---|
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| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2010 | Mar 2011 | Sep 2025 | |
|---|---|---|---|
| Equity Capital | 12 | 23 | 118 |
| Reserves | 21 | 22 | -14 |
| 28 | 29 | 8 | |
| 23 | 3 | 43 | |
| Total Liabilities | 84 | 77 | 154 |
| 0 | 0 | 1 | |
| CWIP | 0 | 0 | 0 |
| Investments | 0 | 0 | 7 |
| 84 | 77 | 147 | |
| Total Assets | 84 | 77 | 154 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2010 | Mar 2011 | Mar 2025 | |
|---|---|---|---|
| -26 | -2 | -23 | |
| -0 | 0 | -34 | |
| 26 | 1 | 57 | |
| Net Cash Flow | -0 | 0 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2010 | Mar 2011 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 336 | 51 | |
| Inventory Days | 1,147 | 231 | |
| Days Payable | 349 | 5 | |
| Cash Conversion Cycle | 1,133 | 277 | |
| Working Capital Days | 2,005 | 413 | |
| ROCE % | 1% |
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 2d
-
Announcement under Regulation 30 (LODR)-Resignation of Director
5 Dec - Ajay Singh Rajawat resigned as Executive Director effective 04-12-2025; no material reasons stated.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
17 Nov - Extract of un-audited standalone and consolidated financial results if the Company for the quarter ended 30th September 2025 published in Financial Express and Mumbai Lakshadeep.
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Board Meeting Outcome for Declaration Of Outcome Of The Board Meeting Held On November 14, 2025
14 Nov - Approved unaudited standalone and consolidated Q2/H1 results (30 Sep 2025); Ikerath Joseph Sam appointed.
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Unaudited Standalone And Consolidated Financial Results For The Quarter And Half-Year Ended 30Th September, 2025
14 Nov - Unaudited standalone and consolidated Q2/H1 results for Sep 30, 2025; approved Nov 14, 2025.
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