Investor Presentation

ROLEX RINGS LIMITED FORGING BRILLIANCE, SHAPING GREENER FUTURE Investor Presentation November 2026 Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Rolex Rings Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment what so ever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the company’s ability to successfully implement its strategy, the Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks. The Company’s actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third party statements and projections. Q2 & H1 FY27 Financial Highlights Chairman & MD’s Message “Q2 FY27 has been the strongest quarter in our history. Revenue from operations grew 43% year-on-year to Rs. 389 crore, which includes a one-time receipt of around Rs. 18 crore from the refund of customs duty paid on US tariffs. Gross margin expanded by 220 bps to 55%, EBITDA grew 72% to Rs. 94 crore with margins at 24.2%, and PAT grew 68% to Rs. 74 crore considering one time receipt. We delivered this despite a near three-fold rise in ocean freight ,higher fuel cost and consumable costs following the escalation of the West Asia conflict. Automotive components led the quarter, growing 68% to Rs. 177 crore, with exports in this segment up 89%. Auto Manesh Madeka components now contribute 54% of our component sales. Bearing rings grew 6%, supported by growth in the domestic Chairman & MD business. Our order book continues to remain strong, averaging in the range of Rs.120 crores to Rs 125 crores per month. Customers who held back through FY26 are placing orders with confidence again, and the new programmes we won last year are now scaling up. With the labour situation fully normalised from the start of the quarter, we were able to convert this order book into output at the pace we had planned. We expect H2 FY27 to be stronger than H1. One to two new customer plants begin supplies in Q3, new programmes continue to ramp up, and our capacity utilisation of 63-65% gives us ample room to grow. In Europe, we continue to build on our expanding automotive presence and are in discussions with a large OEM for commercial vehicle and industrial products. US tariffs have not impacted our business. Our US automotive revenues more than doubled year-on-year in Q2. Our relationships with US customers have stayed intact, and we have not lost a single customer to tariffs. Looking ahead, we are building new growth avenues. We have received registrations and initial approvals in defence and aerospace and expect revenues from this segment over the next 12 months. With a debt-free balance sheet, the Rs. 180 crore buyback completed, and a strong pipeline across Europe, the US and India, we head into H2 FY27 with confidence. Our ambition remains to be the most trusted precision forging partner for the world’s leading bearing and automotive OEMs. Q2 FY27 Key Performance Highlights Revenue Revenue Total Revenue* Gross Profit & GP Margin* (A + B) and also includes scrap revenue, export Bearing Rings (A) Auto Components (B) incentives & one-time benefit of tariff refund) 153 177 389 233 Rs. Crs. Rs. Crs. Rs. Crs. Rs. Crs. (+6.2% YoY) (+67.7% YoY) (+43.4% YoY) GP Margin : 59.8% Bearing Rings (Regional Mix) Auto Components (Regional Mix) 25% 27% 75% 73% Domestic Exports Domestic Exports EBITDA* EBITDA Margin* Profit After Tax PAT Margin (excl. other income) (excl. other income) 94 24.2% 74 19.1% Rs. Crs. Rs. Crs. (+72.0% YoY) (+400 bps YoY) (+67.5% YoY) (+280 bps YoY) *Total revenue from operations, Gross Profit & GP margin, EBITDA & EBITDA margin include a one-time benefit of ~Rs 18 Cr from the refund of customs duty paid due to increased US tariffs. 5 H1 FY27 Key Performance Highlights Revenue Revenue Total Revenue* Gross Profit & GP Margin* Bearing Rings (A) Auto Components (B) (A + B) and also includes scrap revenue, export incentives & one time receipt 271 318 694 Rs. 402 Crs. Rs. Crs. Rs. Crs. Rs. Crs. GP Margin : 58.0% (+0.4% YoY) (+27.8% YoY) (+23.2% YoY) Bearing Rings (Regional Mix) Auto Components (Regional Mix) 25% 27% 75% 73% Domestic Exports Domestic Exports EBITDA* EBITDA Margin* Profit After Tax PAT Margin (excl. other income) (excl. other income) 134 19.4% 163 23.5% Rs. Crs. Rs. Crs. (+43.8% YoY) (+280 bps YoY) (+40.0% YoY) (+280 bps YoY) *Total revenue from operations, Gross Profit & GP margin, EBITDA & EBITDA margin include a one-time benefit of ~Rs 21.7 Cr from the refund of customs duty paid due to increased US tariffs. 6 Q2 & H1 FY27 Profit & Loss Statement Particulars (Rs. Crs.) Q2 FY27 Q2 FY26 YoY H1 FY27 H1 FY26 YoY Total revenue includes a one-time benefit of ~₹18 Cr in Q2 & 21.7 Cr in H1 Revenue from Operations 389 271 43.4% 694 563 23.2% from the refund of customs duty paid Raw Material & Change in Inventory 157 131 292 275 due to increased US tariffs. Gross Profit 233 140 66.1% 402 288 39.6% Gross Margin % 59.8% 51.6% 820 bps 58.0% 51.1% 680 bps Employee costs 21 19 40 36 Higher ocean freight (3x), fuel cost and increased consumable costs, following Other expenses 118 67 199 135 the escalation of the West Asia conflict, EBITDA 94 55 72.0% 163 116 40.0% led to an increase in expenses. Despite this we have been able to maintain our EBITDA Margin % 24.2% 20.2% 400 bps 23.5% 20.7% 280 bps EBITDA margins Other Income 15 14 35 30 Depreciation 9 9 18 18 EBIT 100 60 67.6% 180 128 40.4% EBIT Margin % 25.8% 22.1% 370 bps 25.9% 22.7% 320 bps Finance Cost 1 1 1 1 Profit before tax 100 59 68.6% 179 127 40.8% PBT Margin % 25.6% 21.8% 380 bps 25.8% 22.6% 320 bps Tax 25 15 44 34 Profit After Tax 74 44 67.5% 134 93 43.8% PAT Margin % 19.1% 16.3% 280 bps 19.4% 16.6% 280 bps EPS (Rs.) 3.16 1.73 5.37 3.54 Consolidated Balance Sheet Equities & Liabilities (Rs. Crs.) Sep-26 Mar-26 Assets (Rs. Crs.) Sep-26 Mar-26 Non-Current Assets 519.2 523.1 Total Equity 1,166.0 1,213.6 Property, Plant & equipment 436.0 446.2 Equity Sh [Showing first 8,000 characters — download PDF for full document]