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 ₹ 8.63 / 2.82
- Stock P/E 1.37
- 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 0.51 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.77.0 Cr.
- Company has high debtors of 210 days.
- Promoter holding has decreased over last 3 years: -3.44%
- 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2010 | Mar 2011 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|
| 13 | 65 | 220 | 47 | 9 | |
| 13 | 64 | 207 | 46 | 10 | |
| Operating Profit | 0 | 1 | 13 | 1 | -2 |
| OPM % | 0.1% | 1.1% | 6% | 1.5% | -22% |
| 0 | 0 | 3 | 77 | 77 | |
| Interest | 0 | 0 | 4 | 1 | -0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 1 | 11 | 77 | 75 |
| Tax % | 31% | 14% | 6% | 32% | |
| 0 | 1 | 11 | 52 | 51 | |
| EPS in Rs | 0.26 | 0.26 | 0.99 | 4.44 | 4.31 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -97% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 253% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 20% |
| 3 Years: | 24% |
| 1 Year: | -22% |
| 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 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Number of equity shares outstanding count ・Standalone data |
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| Number of shareholders count ・Standalone data |
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| Number of permanent employees (managerial personnel) count ・Standalone data |
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| Promoter and promoter group holding % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
- Financial Results For The Quarter Ended June 30, 2026
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Board Meeting Outcome for Declaration Of Outcome Of The Board Meeting Held On 12 August, 2026
- Board approved unaudited standalone and consolidated Q1 FY2027 results on 12 August 2026.
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Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. August 07, 2026
- Board reappointed Nitin Gujral as CMD for five years, noted CS resignation, and stepdown subsidiary ceased.
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Board Meeting Intimation for Meeting Of The Board Of The Company Will Be Held On Wednesday, August 12, 2026
- Board meeting on August 12, 2026 to approve Q1 FY2027 standalone and consolidated results.
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Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
- On 31 Jul 2026, subsidiary Suryam sold 10% EQPL stake for Rs. 1.44 crore; EQPL ceased subsidiary.
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