Rolex Rings reported a strong Q4 FY26, with revenue up 8% YoY to Rs 306 Cr, buoyed by solid domestic and European business despite US tariff challenges.

For the full FY26, total revenue was Rs 1,143 Cr (-1% YoY), with Adjusted PAT at Rs 193 Cr (+0.1% YoY) and EBITDA at Rs 230 Cr (-4% YoY). The company's strategy focuses on global market diversification into Asia-Pacific and the Middle East, enhancing presence in EVs, renewables, and aerospace, and scaling advanced machining.

Green initiatives are a priority, with 21.55 MW of renewable energy installed and 9 MW more planned.

A key recent development is settling the Rs 101 Cr CDR recompense, making Rolex Rings debt-free with over Rs 367 Cr net cash.

The board also approved a Rs 180 Cr share buyback (1 Cr shares at Rs 180 each), with promoters opting out to benefit public shareholders.

Management is positive for FY27, expecting US orders to recover with normalized tariffs, new programs in Mexico and US to contribute, and continued strength in Europe and domestic markets.

With 60-65% capacity utilization, Rolex Rings has significant room for growth.