Rolex Rings (ROLEXRINGS) Q3 25/26 earnings summary

Executive summary

• Q3FY26 revenues from operations reached ₹2,748 mn, up 10.9% year-over-year and 2.3% sequentially from Q2FY26.

• Profit after tax for Q3FY26 was ₹478 mn, a 136.6% increase year-over-year and 7.9% higher sequentially.

• Standalone unaudited financial results for the quarter and nine months ended December 31, 2025, were approved and released following a board meeting on February 9, 2026.

• Export sales to Europe improved by ~10% over Q2 and ~25% over FY25, while US exports declined by ~10% over Q2 and ~30% over FY25.

• New customers were added during the quarter, supporting growth in the auto components segment.

Financial highlights

• EBITDA for Q3FY26 was ₹750 mn with a margin of 25.7%, up from ₹655 mn (24.2%) in Q3FY25 and ₹692 mn (25.7%) in Q2FY26.

• Operating profit before tax for Q3FY26 was ₹655 mn, up 44.9% year-over-year and 10.8% sequentially.

• Total income for Q3FY26 was ₹2,923 mn, up 10.9% year-over-year and 2.3% sequentially.

• For 9MFY26, revenue from operations was ₹8,378 mn and profit after tax was ₹1,412 mn.

• Total income for the nine months ended December 31, 2025, was INR 8,851.84 million, with net profit after tax at INR 1,412.47 million.

Outlook and guidance

• Growth visibility in auto components is strong, driven by a robust order book from Europe.

• Tariff-related headwinds in exports are expected to normalize from Q1FY27.

• Management continues to monitor regulatory changes and ongoing negotiations with banks regarding legacy liabilities.