Royal India Corporation Ltd
Incorporated in 1984, Royal India Corporation Ltd is in the business of selling Gold & Gold related products[1]
- Market Cap ₹ 66.9 Cr.
- Current Price ₹ 6.11
- High / Low ₹ 47.1 / 6.11
- Stock P/E 111
- Book Value ₹ 19.6
- Dividend Yield 0.00 %
- ROCE 1.03 %
- ROE 1.53 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.31 times its book value
- Debtor days have improved from 194 to 51.5 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 38.0%
- Contingent liabilities of Rs.35.4 Cr.
- Company might be capitalizing the interest cost
- Promoter holding has decreased over last 3 years: -7.92%
* 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
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2010 | Mar 2011 | |
|---|---|---|
| 13.06 | 65.04 | |
| 13.05 | 64.30 | |
| Operating Profit | 0.01 | 0.74 |
| OPM % | 0.08% | 1.14% |
| 0.50 | 0.00 | |
| Interest | 0.02 | 0.00 |
| Depreciation | 0.04 | 0.04 |
| Profit before tax | 0.45 | 0.70 |
| Tax % | 31.11% | 14.29% |
| 0.31 | 0.60 | |
| EPS in Rs | 0.26 | 0.26 |
| Dividend Payout % | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 398% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 94% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 47% |
| 3 Years: | 32% |
| 1 Year: | -84% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2010 | Mar 2011 | |
|---|---|---|
| Equity Capital | 11.80 | 23.08 |
| Reserves | 21.49 | 22.09 |
| 27.50 | 28.77 | |
| 23.43 | 3.36 | |
| Total Liabilities | 84.22 | 77.30 |
| 0.34 | 0.37 | |
| CWIP | 0.00 | 0.00 |
| Investments | 0.13 | 0.00 |
| 83.75 | 76.93 | |
| Total Assets | 84.22 | 77.30 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2010 | Mar 2011 | |
|---|---|---|
| -26.13 | -1.55 | |
| -0.04 | 0.45 | |
| 26.07 | 1.21 | |
| Net Cash Flow | -0.10 | 0.11 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2010 | Mar 2011 | |
|---|---|---|
| Debtor Days | 335.65 | 51.46 |
| Inventory Days | 1,147.10 | 230.63 |
| Days Payable | 349.46 | 4.91 |
| Cash Conversion Cycle | 1,133.29 | 277.18 |
| Working Capital Days | 2,005.26 | 412.98 |
| ROCE % | 1.03% |
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 20 Aug
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Aug - Copies of Newspaper Advertisement published in Financial Express and Mumbai Lakshadeep on 15th August 2025 regarding notice of 41st Annual General Meeting of the Company …
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Aug - Copies of Newspaper Advertisement published in Financial Express and Mumbai Lakshadeep on 15th August 2025 regarding notice of 41st Annual General Meeting of the Company …
- Reg. 34 (1) Annual Report. 14 Aug
-
Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)
13 Aug - CFO Manish Navnit Shah resigned effective August 12, 2025, citing personal reasons.
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