Royal India Corporation Ltd

Royal India Corporation Ltd

₹ 5.98 -1.97%
19 Jun - close price
About

Incorporated in 1984, Royal India Corporation Ltd is in the business of selling Gold & Gold related products[1]

Key Points

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

  • Market Cap 70.6 Cr.
  • Current Price 5.98
  • High / Low 9.39 / 2.82
  • Stock P/E 1.35
  • Book Value 11.6
  • Dividend Yield 0.00 %
  • ROCE 46.6 %
  • ROE 49.0 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.52 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Earnings include an other income of Rs.76.6 Cr.
  • Company has high debtors of 210 days.
  • Promoter holding has decreased over last 3 years: -3.45%
  • Working capital days have increased from 423 days to 664 days

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
80 59 70 42 4 0 0
77 57 64 38 4 0 4
Operating Profit 3 2 6 4 1 -0 -3
OPM % 3% 3% 8% 9% 17% -626%
0 1 1 1 1 1 73
Interest 3 3 -5 1 0 0 -1
Depreciation 0 0 0 0 0 0 0
Profit before tax 0 0 12 3 2 0 71
Tax % 0% 0% 6% 0% 0% 0% 34%
0 0 11 3 2 0 47
EPS in Rs 0.02 0.01 1.00 0.29 0.13 0.03 3.98
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2025 Mar 2026
13 65 220 47
13 64 207 46
Operating Profit 0 1 13 1
OPM % 0% 1% 6% 1%
0 0 3 77
Interest 0 0 4 1
Depreciation 0 0 0 0
Profit before tax 0 1 11 77
Tax % 31% 14% 6% 32%
0 1 11 52
EPS in Rs 0.26 0.26 0.99 4.44
Dividend Payout % 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -79%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 383%
Stock Price CAGR
10 Years: 6%
5 Years: 37%
3 Years: 24%
1 Year: -33%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 49%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2025 Mar 2026
Equity Capital 12 23 109 118
Reserves 21 22 -32 18
28 29 101 12
23 3 47 53
Total Liabilities 84 77 225 201
0 0 0 4
CWIP 0 0 0 1
Investments 0 0 0 0
84 77 225 196
Total Assets 84 77 225 201

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2025 Mar 2026
-26 -2 -23 102
-0 0 -34 -19
26 1 57 -83
Net Cash Flow -0 0 0 0
Free Cash Flow -26 -2 -23 100
CFO/OP -260,800% -209% -168% 14,836%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2025 Mar 2026
Debtor Days 336 51 38 210
Inventory Days 1,147 231 226 896
Days Payable 349 5 60 283
Cash Conversion Cycle 1,133 277 204 822
Working Capital Days 2,005 413 183 664
ROCE % 1% 47%

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. ・Standalone data

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Concentration of Bullion Sales in Revenue
% ・Standalone data
Gold Bar Sales Volume
kg ・Standalone data
Kalyan Marina Project Planned Area
sq ft ・Standalone data
Kalyan Marina Project Plot Size
acres ・Standalone data
Equity Shares Allotted for Expansion
Nos. ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
45.91% 45.91% 45.91% 45.91% 33.25% 38.00% 38.00% 38.00% 38.00% 42.47% 41.97% 42.47%
54.08% 54.08% 54.09% 54.09% 66.75% 62.01% 61.99% 62.00% 61.99% 57.54% 58.03% 57.54%
No. of Shareholders 5,6065,9066,0585,8855,7876,3686,9578,23110,17211,84512,22912,496

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