Icon times
Rolex Rings Ltd

Rolex Rings Ltd

CompanyOver

 / 
 
 

About

Highlights

Performing rate for the company

Price Chart (Only Standalone)

Track the companies of Group.

Relaince Group

Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

Quarterly Results ( Figures in Rs. Crores.)

No Data is available.

Profit & Loss ( Figures in Rs. Crores.)

No Data is available.

Balance Sheet ( Figures in Rs. Crores.)

No Data is available.

Cash Flows ( Figures in Rs. Crores.)

No Data is available.

Historical Growths

Compounded Sales Growth
Compounded Profit Growth
Compounded Expense Growth
Stock Price CAGR
Sales Growth Profit Growth Expense Growth Stock Price CAGR

Ratios ()

No Data is available.

Major Shareholders

No Data is available.

Shareholders more than 1%

No Data is available.

Fund houses invested in the stock (Figures in % Equity Capital )

No Data is available.

Corporate Action

No Data is available.
No Data is available.
No Data is available.
No Data is available.

Documents

Presentation & Earning Calls

Annual Reports

Credit Rating

No document is available
No document is available
No document is available
No document is available.

Overview

Rolex Rings is one of the top five forging companies in India in terms of installed capacity and a manufacturer and global supplier of hot rolled forged and machined bearing rings, and automotive components for segments of vehicles including two-wheelers, passenger vehicles, commercial vehicles, off-highway vehicles, electric vehicles), industrial machinery, wind turbines and railways, amongst other segments. It supplies domestically and internationally to large marquee customers including some of the leading bearing manufacturing companies, tier-I suppliers to global auto companies and some auto OEMs. The company is one of the key manufacturers of bearing rings in India and cater to most of the leading bearing companies in India.

The company started its manufacturing operations in 1988 with its first manufacturing plant set up in Rajkot. Its product portfolio includes a wide range of bearing rings, parts of gear box and automotive components, among others. Its manufacturing capabilities are complemented by its tool design, engineering and product development capabilities. Till date, it has offered a diverse range of hot forged and machined alloy steel bearing rings weighing from 0.01 kilograms to over 163 kilograms, and with inner diameter of 25 millimeters to outer diameter of 900 millimeters. This makes its products suitable for a wide range of end-user industries such as automotive, railways, industrial infrastructure, renewable energy, among others.

Business area of the company

The company is among the leading manufacturers of forged and machined components in India.

Awards and Accreditations

  • 2011: Excellence in Cost and Productivity - Timken.
  • 2011: Excellence in Technology - Timken.
  • 2014: GM Supplier Quality Excellence Award.
  • 2014: Certificate of Supplier Quality for fulfilling the quality assurance compliance by Hyundai Motors India.
  • 2016: Excellence in Technology Advancement by Timken powered by VRIDDHI.
  • 2018: Supplier Quality Excellence Award - General Motors.
  • 2018: Excellence in New Product Development - Timken.
  • 2019: Supplier Quality Excellence Award - General Motors.
  • 2021: Q1 Preferred Quality Status - Ford.

Major events and milestones

  • 1977: Commencement of business in the name of Rolex Industries.
  • 1978: Formation of partnership firm in the name of Rolex Industries.
  • 1988: Started manufacturing of forging and forged products.
  • 1989: Obtained Importer-Exporter code for export of business.
  • 1991: Commissioning of Unit 1.
  • 2003: Purchase of Sakamura model HBP-160.
  • 2003: Conversion of partnership firm into Company.
  • 2007: Purchased 6 Manyo 600 tons Auto Forging Press.
  • 2007: Investment by Rivendell PE LLC.
  • 2007: Availed registration of central excise for Unit 2.
  • 2010: Purchase of SMS MEER Ring Rolling line.
  • 2011: Purchase of Hatebur-Hotmatic@ HM 35 Machine.
  • 2014: Setting up of Unit 3.
  • 2017: Purchase of Sakamura Model: HFW-1000-4 Hot Former.
  • 2018: Purchase of Servomoto Driven Screw Press 16000kN from Enomoto Machine.
  • 2019: Crossed Rs 9,000 million in revenue in Fiscal 2019.
Brands Of Rolex Rings Ltd

Brands Of Rolex Rings Ltd

undefined

Comment

Chat on WhatsApp
Caret UP Arrow
InvestYadnya Support
Typically replies in minutes
InvestYadnya Support
Hi there
Welcome to InvestYadnya.
We are available to assist you on WhatsApp.
Please click on the button below to chat with us.
(10 AM to 7 PM IST)
16:10
Chat with InvestYadnya