Rolex Rings Limited
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Rolex Rings Limited - overview
Established
1978
Location
Rajkot, Gujarat, India
Primary Industry
Automobiles, Other Vehicles & Parts
About
Based in Gujarat, India, and founded in 1978 by Manesh Dayashankar Madeka and Rupesh Dayashankar Madeka, Rolex Rings Limited, formerly known as Rolex Rings Private Limited operates as a designer and manufacturer of forged and machined components for bearing and automotive industries. In August 2007, New Silk Route Growth Capital invested INR 1. 64 billion in Rolex Rings Limited for a 26% minority stake. The firm’s customers include Ford, ICSA, Linamar, Allison Transmission, Timken, Iljin, Schaeffler, etc.
The company trades on the National Stock Exchange (NSE) under the ticker symbol ROLEXRINGS. NS and Bombay Stock Exchange (BSE) under the ticker symbol 543325. The company produces forged and machine components that include gearbox components such as gear blanks, ring gear, sun and pinion, shafts, lock nuts, and engine components such as pulleys and cam lobes. Furthermore, the company manufactures chassis components such as wheel hubs, gen2 and gen3 bearing components, output shafts, CVJ components, bearing rings, and a variety of exhaust system components for use in industries such as textile, electronics, automobiles, railways, defence, oil and gas, marine and aerospace.
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobiles, Other Vehicles & Parts, Industrial Machinery, Steel & Metals
Website
www.rolexrings.com
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
Rolex Rings Limited - timeline of key events
Rolex Rings Limited - financials
| Fiscal Year Ended | Mar 31, 2007 | Mar 31, 2008 | Mar 31, 2009 | Mar 31, 2010 | Mar 31, 2011 | Mar 31, 2012 | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 1,600,000,000 | - | - | - | - | - | - | - | - | - | - | 7,701,530,000 | 9,043,230,000 | 6,659,940,000 | 6,163,320,000 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - | 17.4% | (26.4%) | (7.5%) | - | - | - |
| EBITDA (USD) | - | - | - | - | - | - | - | - | - | - | - | 1,669,850,000 | 2,064,920,000 | 1,304,620,000 | 1,108,190,000 | - | - | - |
| Operating Income (USD) | - | - | - | - | - | - | - | - | - | - | - | 1,436,070,000 | 1,810,680,000 | 1,039,540,000 | 854,100,000 | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | 18.6% | 20.0% | 15.6% | 13.9% | - | - | - |
| % EBITDA Margin | - | - | - | - | - | - | - | - | - | - | - | 21.7% | 22.8% | 19.6% | 18.0% | - | - | - |
| NET Income (USD) | (10,000,000) | - | - | - | - | - | - | - | - | - | - | 735,960,000 | 616,540,000 | 533,310,000 | 869,550,000 | - | - | - |
| % Net Margin | (0.6%) | - | - | - | - | - | - | - | - | - | - | 9.6% | 6.8% | 8.0% | 14.1% | - | - | - |
Rolex Rings Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Rolex Rings Limited | - |
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Rolex Rings Limited - employee data
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