Renaissance Global Ltd.

•

₹ 131.260.57%

2026-08-21

renaissanceglobal.comBSE: 532923NSE: RGL

Market Cap₹ 1,392 Cr.

Current Price₹ 131

High / Low₹ 148 / 85

Stock P/E0.0

Book Value₹ 71

Price to Book1.72

Dividend Yield0.00 %

ROCE6.8 %

ROE4.0 %

Face Value₹ 2

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ABOUT

KEY POINTS

PROS

Latest quarter profit grew 272.1% YoY, showing strong momentum
Institutional investors have been accumulating - FII+DII up 2.7pp
Company maintains a comfortable, low leverage position

CONS

Operating cash flow has been negative in recent years
Company has a low return on equity of 3.8% over last 3 years
Company has a low return on capital employed of 6.8%
Promoter holding has decreased over last 2 years: -5.5pp
Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.12x)
Interest coverage is weak at 2.0x - earnings barely cover interest

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS

Consumer DurablesDiamond & JewelleryDiamond & Jewellery

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name	CMP Rs.	P/E	Mar Cap Rs.Cr.	Div Yld %	NP Qtr Rs.Cr.	Qtr Profit Var %	Sales Qtr Rs.Cr.	Qtr Sales Var %	ROCE %	OPM %
1.	TITAN	5064.00	78.05	449574.91	0.30	1777.00	62.88	21356.00	44.16	21.90	13.54
2.	KALYANKJIL	595.00	42.82	61448.68	0.42	348.67	32.03	10588.93	45.68	24.86	5.97
3.	THANGAMAYL	5507.70	0.00	17119.04	0.33	85.09	86.15	2666.38	71.44	26.62	5.43
4.	BLUESTONE	815.70	221.24	12459.77	0.00	59.61	271.56	7368.46	1395.59	9.24	14.50
5.	SKYGOLD	778.10	35.97	12050.74	0.00	104.90	140.67	2012.79	77.93	23.71	7.79
6.	PCJEWELLER	9.67	12.17	9430.31	0.00	221.88	37.02	877.04	20.99	6.61	27.54
7.	GOLDIAM	362.80	25.90	5462.21	0.57	73.97	120.06	326.03	41.92	25.11	20.33
8.	SENCO	331.65	9.52	5435.78	0.53	101.14	-3.35	3056.03	67.34	22.86	6.97
9.	VAIBHAVGBL	221.45	13.03	3711.89	2.71	563.83	1398.27	9170.73	1026.99	18.41	10.55
10.	DPABHUSHAN	1467.25	81.73	3349.43	0.00	9.65	16.55	439.67	-25.50	34.36	4.35
11.	SHRINGARMS	224.95	0.00	2169.24	0.00	34.00	19.26	548.49	64.90	31.85	8.92
12.	RGL	129.65	12.76	1392.40	0.00	25.64	288.74	780.45	47.17	8.03	5.24

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	295	322	428	346	300	325	494	349	278	263	465	382	434
	284	301	410	332	272	300	479	333	265	251	442	362	422
Operating Profit	—	—	—	—	—	—	—	—	—	—	—	—	—
OPM %	—	—	—	—	—	—	—	—	—	—	—	—	—
Other Income	1	1	1	3	2	1	1	1	2	0	1	1	1
Interest	6	7	8	8	8	8	8	7	7	8	8	7	8
Depreciation	3	3	3	3	3	3	4	4	3	3	3	3	2
	3	12	8	4	19	14	5	-3	-7	2	13	11	13
Tax %	28.00%	23.95%	28.19%	15.10%	27.01%	26.25%	33.86%	92.14%	16.90%	31.43%	27.31%	28.20%	22.53%
Net Profit	2	9	6	3	14	10	3	-0	-6	1	10	8	10
	0	1	1	0	1	1	0	-0	-1	0	1	1	0
Equity Capital	19	19	19	19	19	19	21	21	21	21	21	21	21
Reserves	0	0	0	0	0	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Equity Capital	19	19	19	19	19	19	21	21	21	21	21	21	21
Reserves	0	0	0	0	0	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Jun 2023

: 295
: 284
Operating Profit: —
OPM %: —
Other Income: 1
Interest: 6
Depreciation: 3
: 3
Tax %: 28.00%
Net Profit: 2
: 0
Equity Capital: 19
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 19
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2023

: 322
: 301
Operating Profit: —
OPM %: —
Other Income: 1
Interest: 7
Depreciation: 3
: 12
Tax %: 23.95%
Net Profit: 9
: 1
Equity Capital: 19
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 19
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2023

: 428
: 410
Operating Profit: —
OPM %: —
Other Income: 1
Interest: 8
Depreciation: 3
: 8
Tax %: 28.19%
Net Profit: 6
: 1
Equity Capital: 19
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 19
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2024

: 346
: 332
Operating Profit: —
OPM %: —
Other Income: 3
Interest: 8
Depreciation: 3
: 4
Tax %: 15.10%
Net Profit: 3
: 0
Equity Capital: 19
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 19
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2024

: 300
: 272
Operating Profit: —
OPM %: —
Other Income: 2
Interest: 8
Depreciation: 3
: 19
Tax %: 27.01%
Net Profit: 14
: 1
Equity Capital: 19
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 19
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2024

: 325
: 300
Operating Profit: —
OPM %: —
Other Income: 1
Interest: 8
Depreciation: 3
: 14
Tax %: 26.25%
Net Profit: 10
: 1
Equity Capital: 19
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 19
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2024

: 494
: 479
Operating Profit: —
OPM %: —
Other Income: 1
Interest: 8
Depreciation: 4
: 5
Tax %: 33.86%
Net Profit: 3
: 0
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2025

: 349
: 333
Operating Profit: —
OPM %: —
Other Income: 1
Interest: 7
Depreciation: 4
: -3
Tax %: 92.14%
Net Profit: -0
: -0
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2025

: 278
: 265
Operating Profit: —
OPM %: —
Other Income: 2
Interest: 7
Depreciation: 3
: -7
Tax %: 16.90%
Net Profit: -6
: -1
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2025

: 263
: 251
Operating Profit: —
OPM %: —
Other Income: 0
Interest: 8
Depreciation: 3
: 2
Tax %: 31.43%
Net Profit: 1
: 0
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2025

: 465
: 442
Operating Profit: —
OPM %: —
Other Income: 1
Interest: 8
Depreciation: 3
: 13
Tax %: 27.31%
Net Profit: 10
: 1
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2026

: 382
: 362
Operating Profit: —
OPM %: —
Other Income: 1
Interest: 7
Depreciation: 3
: 11
Tax %: 28.20%
Net Profit: 8
: 1
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2026

: 434
: 422
Operating Profit: —
OPM %: —
Other Income: 1
Interest: 8
Depreciation: 2
: 13
Tax %: 22.53%
Net Profit: 10
: 0
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 21
Reserves: 0
Promoter Pledge %: 0.00%

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	1,143	1,100	1,033	1,278	1,261	1,103	1,517	1,355	1,391	1,468	1,543
	1,092	1,058	999	1,221	1,201	1,052	1,456	1,294	1,322	1,379	1,477
Operating Profit	53	59	64	58	69	53	86	64	74	93	—
OPM %	5	5	6	5	5	5	6	5	5	6	—
Other Income	2	16	30	1	9	2	24	3	5	4	4
Interest	6	12	14	13	14	14	16	24	35	35	31
Depreciation	8	8	9	9	11	11	12	12	12	14	11
	39	38	36	35	40	26	58	27	27	34	39
Tax %	14	22	22	25	20	25	33	27	24	22	26
Net Profit	33	30	28	27	32	19	39	20	21	27	29
EPS	0	0	0	0	0	10	4	2	2	3	—
Dividend Payout %	11	0	0	0	0	44	41	0	0	0	—
Minority Interest	0	0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	4	3	3	3	3	2	4	2	2	3	—
Minority Interest	0	0	0	0	0	0	0	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	4	3	3	3	3	2	4	2	2	3	—

Mar 2016

: 1,143
: 1,092
Operating Profit: 53
OPM %: 5
Other Income: 2
Interest: 6
Depreciation: 8
: 39
Tax %: 14
Net Profit: 33
EPS: 0
Dividend Payout %: 11
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 4
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 4

Mar 2017

: 1,100
: 1,058
Operating Profit: 59
OPM %: 5
Other Income: 16
Interest: 12
Depreciation: 8
: 38
Tax %: 22
Net Profit: 30
EPS: 0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 3
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 3

Mar 2018

: 1,033
: 999
Operating Profit: 64
OPM %: 6
Other Income: 30
Interest: 14
Depreciation: 9
: 36
Tax %: 22
Net Profit: 28
EPS: 0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 3
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 3

Mar 2019

: 1,278
: 1,221
Operating Profit: 58
OPM %: 5
Other Income: 1
Interest: 13
Depreciation: 9
: 35
Tax %: 25
Net Profit: 27
EPS: 0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 3
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 3

Mar 2020

: 1,261
: 1,201
Operating Profit: 69
OPM %: 5
Other Income: 9
Interest: 14
Depreciation: 11
: 40
Tax %: 20
Net Profit: 32
EPS: 0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 3
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 3

Mar 2021

: 1,103
: 1,052
Operating Profit: 53
OPM %: 5
Other Income: 2
Interest: 14
Depreciation: 11
: 26
Tax %: 25
Net Profit: 19
EPS: 10
Dividend Payout %: 44
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 2
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 2

Mar 2022

: 1,517
: 1,456
Operating Profit: 86
OPM %: 6
Other Income: 24
Interest: 16
Depreciation: 12
: 58
Tax %: 33
Net Profit: 39
EPS: 4
Dividend Payout %: 41
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 4
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 4

Mar 2023

: 1,355
: 1,294
Operating Profit: 64
OPM %: 5
Other Income: 3
Interest: 24
Depreciation: 12
: 27
Tax %: 27
Net Profit: 20
EPS: 2
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 2
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 2

Mar 2024

: 1,391
: 1,322
Operating Profit: 74
OPM %: 5
Other Income: 5
Interest: 35
Depreciation: 12
: 27
Tax %: 24
Net Profit: 21
EPS: 2
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 2
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 2

Mar 2025

: 1,468
: 1,379
Operating Profit: 93
OPM %: 6
Other Income: 4
Interest: 35
Depreciation: 14
: 34
Tax %: 22
Net Profit: 27
EPS: 3
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 3
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 3

TTM

: 1,543
: 1,477
Operating Profit: —
OPM %: —
Other Income: 4
Interest: 31
Depreciation: 11
: 39
Tax %: 26
Net Profit: 29
EPS: —
Dividend Payout %: —
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: —
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: —

COMPOUNDED SALES GROWTH

10 Years:: 3%
5 Years:: 3%
3 Years:: -1%

COMPOUNDED PROFIT GROWTH

10 Years:: -2%
5 Years:: -3%
3 Years:: -12%

STOCK PRICE CAGR

10 Years:: 17%
5 Years:: -2%
3 Years:: 10%
1 Year:: 17%

RETURN ON EQUITY

10 Years:: 6%
5 Years:: 5%
3 Years:: 4%
Last Year:: 4%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
LIABILITIES	-	-	-	-	-	-	-	-	-	-
Equity Capital	19	18	19	19	19	19	19	19	19	21
	378	416	412	445	444	483	508	522	570	743
	152	197	190	211	206	184	235	199	286	316
Trade Payables	251	154	177	189	153	159	227	202	224	196
	7	53	-3	0	7	49	82	75	70	64
Total Liabilities	808	839	794	865	829	894	1,070	1,017	1,170	1,341
ASSETS	-	-	-	-	-	-	-	-	-	-
	31	33	34	39	39	43	42	42	47	50
Capital Work in Progress	5	0	3	0	0	0	0	2	1	0
	131	152	98	80	75	55	80	89	108	155
	220	183	279	328	258	301	391	362	513	520
	0	0	0	0	0	0	0	0	402	475
Cash & Bank	49	54	33	19	76	62	35	58	42	91
	371	417	347	398	382	434	522	464	57	48
Total Assets	808	839	794	865	829	894	1,070	1,017	1,170	1,341
Total Debt	155	199	191	214	207	217	292	252	332	346
Net Working Capital	238	285	300	350	336	426	465	470	484	575
Contingent Liabilities	231	231	220	180	177	177	181	13	13	12
Book Value per Share	208.21	235.60	230.59	248.21	247.89	268.62	278.97	57.26	61.32	71.32
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	2.00	2.00	2.00
Total Debt	155	199	191	214	207	217	292	252	332	346
Net Working Capital	238	285	300	350	336	426	465	470	484	575
Contingent Liabilities	231	231	220	180	177	177	181	13	13	12
Book Value per Share	208.21	235.60	230.59	248.21	247.89	268.62	278.97	57.26	61.32	71.32
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	2.00	2.00	2.00

Mar 2016

Equity Capital: 19
: 378
: 152
Trade Payables: 251
: 7
Total Liabilities: 808
: 31
Capital Work in Progress: 5
: 131
: 220
: 0
Cash & Bank: 49
: 371
Total Assets: 808
Total Debt: 155
Net Working Capital: 238
Contingent Liabilities: 231
Book Value per Share: 208.21
Face Value: 10.00
Total Debt: 155
Net Working Capital: 238
Contingent Liabilities: 231
Book Value per Share: 208.21
Face Value: 10.00

Mar 2017

Equity Capital: 18
: 416
: 197
Trade Payables: 154
: 53
Total Liabilities: 839
: 33
Capital Work in Progress: 0
: 152
: 183
: 0
Cash & Bank: 54
: 417
Total Assets: 839
Total Debt: 199
Net Working Capital: 285
Contingent Liabilities: 231
Book Value per Share: 235.60
Face Value: 10.00
Total Debt: 199
Net Working Capital: 285
Contingent Liabilities: 231
Book Value per Share: 235.60
Face Value: 10.00

Mar 2018

Equity Capital: 19
: 412
: 190
Trade Payables: 177
: -3
Total Liabilities: 794
: 34
Capital Work in Progress: 3
: 98
: 279
: 0
Cash & Bank: 33
: 347
Total Assets: 794
Total Debt: 191
Net Working Capital: 300
Contingent Liabilities: 220
Book Value per Share: 230.59
Face Value: 10.00
Total Debt: 191
Net Working Capital: 300
Contingent Liabilities: 220
Book Value per Share: 230.59
Face Value: 10.00

Mar 2019

Equity Capital: 19
: 445
: 211
Trade Payables: 189
: 0
Total Liabilities: 865
: 39
Capital Work in Progress: 0
: 80
: 328
: 0
Cash & Bank: 19
: 398
Total Assets: 865
Total Debt: 214
Net Working Capital: 350
Contingent Liabilities: 180
Book Value per Share: 248.21
Face Value: 10.00
Total Debt: 214
Net Working Capital: 350
Contingent Liabilities: 180
Book Value per Share: 248.21
Face Value: 10.00

Mar 2020

Equity Capital: 19
: 444
: 206
Trade Payables: 153
: 7
Total Liabilities: 829
: 39
Capital Work in Progress: 0
: 75
: 258
: 0
Cash & Bank: 76
: 382
Total Assets: 829
Total Debt: 207
Net Working Capital: 336
Contingent Liabilities: 177
Book Value per Share: 247.89
Face Value: 10.00
Total Debt: 207
Net Working Capital: 336
Contingent Liabilities: 177
Book Value per Share: 247.89
Face Value: 10.00

Mar 2021

Equity Capital: 19
: 483
: 184
Trade Payables: 159
: 49
Total Liabilities: 894
: 43
Capital Work in Progress: 0
: 55
: 301
: 0
Cash & Bank: 62
: 434
Total Assets: 894
Total Debt: 217
Net Working Capital: 426
Contingent Liabilities: 177
Book Value per Share: 268.62
Face Value: 10.00
Total Debt: 217
Net Working Capital: 426
Contingent Liabilities: 177
Book Value per Share: 268.62
Face Value: 10.00

Mar 2022

Equity Capital: 19
: 508
: 235
Trade Payables: 227
: 82
Total Liabilities: 1,070
: 42
Capital Work in Progress: 0
: 80
: 391
: 0
Cash & Bank: 35
: 522
Total Assets: 1,070
Total Debt: 292
Net Working Capital: 465
Contingent Liabilities: 181
Book Value per Share: 278.97
Face Value: 10.00
Total Debt: 292
Net Working Capital: 465
Contingent Liabilities: 181
Book Value per Share: 278.97
Face Value: 10.00

Mar 2023

Equity Capital: 19
: 522
: 199
Trade Payables: 202
: 75
Total Liabilities: 1,017
: 42
Capital Work in Progress: 2
: 89
: 362
: 0
Cash & Bank: 58
: 464
Total Assets: 1,017
Total Debt: 252
Net Working Capital: 470
Contingent Liabilities: 13
Book Value per Share: 57.26
Face Value: 2.00
Total Debt: 252
Net Working Capital: 470
Contingent Liabilities: 13
Book Value per Share: 57.26
Face Value: 2.00

Mar 2024

Equity Capital: 19
: 570
: 286
Trade Payables: 224
: 70
Total Liabilities: 1,170
: 47
Capital Work in Progress: 1
: 108
: 513
: 402
Cash & Bank: 42
: 57
Total Assets: 1,170
Total Debt: 332
Net Working Capital: 484
Contingent Liabilities: 13
Book Value per Share: 61.32
Face Value: 2.00
Total Debt: 332
Net Working Capital: 484
Contingent Liabilities: 13
Book Value per Share: 61.32
Face Value: 2.00

Mar 2025

Equity Capital: 21
: 743
: 316
Trade Payables: 196
: 64
Total Liabilities: 1,341
: 50
Capital Work in Progress: 0
: 155
: 520
: 475
Cash & Bank: 91
: 48
Total Assets: 1,341
Total Debt: 346
Net Working Capital: 575
Contingent Liabilities: 12
Book Value per Share: 71.32
Face Value: 2.00
Total Debt: 346
Net Working Capital: 575
Contingent Liabilities: 12
Book Value per Share: 71.32
Face Value: 2.00

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	79	-4	-26	-39	109	9	-71	77	-62	-7
Cash from Investing	-16	-21	12	6	-16	-26	2	-1	-17	-83
Cash from Financing	-38	30	-11	16	-30	-4	52	-65	46	130
	24	5	-24	-17	62	-21	-17	11	-33	40
Free Cash Flow	71	-8	-37	-51	109	-4	-79	77	-72	-17
OCF / Net Profit	2.35	-0.13	-0.93	-1.46	3.42	0.48	-1.82	3.86	-3.01	-0.27
Cumulative 5-Year FCF	0	0	0	0	83	8	-62	52	30	-95
OCF / Net Profit	2.35	-0.13	-0.93	-1.46	3.42	0.48	-1.82	3.86	-3.01	-0.27
Cumulative 5-Year FCF	0	0	0	0	83	8	-62	52	30	-95

Mar 2016

: 79
Cash from Investing: -16
Cash from Financing: -38
: 24
Free Cash Flow: 71
OCF / Net Profit: 2.35
Cumulative 5-Year FCF: 0
OCF / Net Profit: 2.35
Cumulative 5-Year FCF: 0

Mar 2017

: -4
Cash from Investing: -21
Cash from Financing: 30
: 5
Free Cash Flow: -8
OCF / Net Profit: -0.13
Cumulative 5-Year FCF: 0
OCF / Net Profit: -0.13
Cumulative 5-Year FCF: 0

Mar 2018

: -26
Cash from Investing: 12
Cash from Financing: -11
: -24
Free Cash Flow: -37
OCF / Net Profit: -0.93
Cumulative 5-Year FCF: 0
OCF / Net Profit: -0.93
Cumulative 5-Year FCF: 0

Mar 2019

: -39
Cash from Investing: 6
Cash from Financing: 16
: -17
Free Cash Flow: -51
OCF / Net Profit: -1.46
Cumulative 5-Year FCF: 0
OCF / Net Profit: -1.46
Cumulative 5-Year FCF: 0

Mar 2020

: 109
Cash from Investing: -16
Cash from Financing: -30
: 62
Free Cash Flow: 109
OCF / Net Profit: 3.42
Cumulative 5-Year FCF: 83
OCF / Net Profit: 3.42
Cumulative 5-Year FCF: 83

Mar 2021

: 9
Cash from Investing: -26
Cash from Financing: -4
: -21
Free Cash Flow: -4
OCF / Net Profit: 0.48
Cumulative 5-Year FCF: 8
OCF / Net Profit: 0.48
Cumulative 5-Year FCF: 8

Mar 2022

: -71
Cash from Investing: 2
Cash from Financing: 52
: -17
Free Cash Flow: -79
OCF / Net Profit: -1.82
Cumulative 5-Year FCF: -62
OCF / Net Profit: -1.82
Cumulative 5-Year FCF: -62

Mar 2023

: 77
Cash from Investing: -1
Cash from Financing: -65
: 11
Free Cash Flow: 77
OCF / Net Profit: 3.86
Cumulative 5-Year FCF: 52
OCF / Net Profit: 3.86
Cumulative 5-Year FCF: 52

Mar 2024

: -62
Cash from Investing: -17
Cash from Financing: 46
: -33
Free Cash Flow: -72
OCF / Net Profit: -3.01
Cumulative 5-Year FCF: 30
OCF / Net Profit: -3.01
Cumulative 5-Year FCF: 30

Mar 2025

: -7
Cash from Investing: -83
Cash from Financing: 130
: 40
Free Cash Flow: -17
OCF / Net Profit: -0.27
Cumulative 5-Year FCF: -95
OCF / Net Profit: -0.27
Cumulative 5-Year FCF: -95

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
PER SHARE	-	-	-	-	-	-	-	-	-	-
EPS (₹)	17.54	16.15	14.98	14.20	17.02	10.28	20.61	2.13	2.15	2.51
Book Value (₹)	208.21	235.60	230.59	248.21	247.89	268.62	278.97	57.26	61.32	71.32
Dividend per Share (₹)	2.00	0.00	0.00	0.00	0.00	4.50	8.50	0.00	0.00	0.00
Cash EPS (₹)	4.31	4.11	3.95	3.79	4.58	3.21	5.35	3.43	3.45	3.78
PROFITABILITY	-	-	-	-	-	-	-	-	-	-
Operating Margin %	4.65%	5.35%	6.16%	4.56%	5.46%	4.81%	5.66%	4.70%	4.98%	6.00%
Net Margin %	2.93%	2.71%	2.71%	2.07%	2.52%	1.74%	2.56%	1.48%	1.49%	1.83%
ROE %	8.88%	7.16%	6.47%	5.93%	6.86%	3.98%	7.56%	3.76%	3.67%	3.98%
ROCE %	8.35%	8.55%	7.87%	7.51%	7.99%	5.62%	9.58%	6.33%	7.19%	6.76%
	4.31%	3.62%	3.43%	3.20%	3.75%	2.23%	3.96%	1.92%	1.89%	2.14%
EFFICIENCY	-	-	-	-	-	-	-	-	-	-
Debtor Days	104	109	114	96	104	116	95	115	107	109
Inventory Days	69	67	82	87	85	92	83	101	115	128
Payable Days	87	81	72	65	61	63	56	74	71	67
	86	95	123	118	127	145	121	142	151	169
FINANCIAL HEALTH	-	-	-	-	-	-	-	-	-	-
Debt to Equity (x)	0.39x	0.46x	0.44x	0.46x	0.45x	0.43x	0.55x	0.47x	0.56x	0.45x
Interest Coverage (x)	7.16x	4.12x	3.63x	3.63x	3.81x	2.90x	4.59x	2.14x	1.79x	1.98x
	1.58x	1.69x	1.80x	1.85x	1.86x	2.17x	1.96x	2.10x	1.90x	2.05x
GROWTH	-	-	-	-	-	-	-	-	-	-
Revenue Growth %	7.78%	-3.72%	-6.16%	23.78%	-1.37%	-12.54%	37.62%	-10.71%	2.67%	5.51%
Operating Profit Growth %	-7.53%	10.87%	8.03%	-8.27%	18.11%	-22.91%	62.06%	-25.91%	16.73%	24.87%
Net Profit Growth %	-2.85%	-11.02%	-6.00%	-5.19%	19.85%	-39.58%	102.47%	-48.43%	3.24%	29.96%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.37%	16.51%
VALUATION	-	-	-	-	-	-	-	-	-	-
P/E (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	46.27x	48.87x
P/B (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	1.63x	1.72x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	16.77x	16.90x

Mar 2016

EPS (₹): 17.54
Book Value (₹): 208.21
Dividend per Share (₹): 2.00
Cash EPS (₹): 4.31
Operating Margin %: 4.65%
Net Margin %: 2.93%
ROE %: 8.88%
ROCE %: 8.35%
: 4.31%
Debtor Days: 104
Inventory Days: 69
Payable Days: 87
: 86
Debt to Equity (x): 0.39x
Interest Coverage (x): 7.16x
: 1.58x
Revenue Growth %: 7.78%
Operating Profit Growth %: -7.53%
Net Profit Growth %: -2.85%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2017

EPS (₹): 16.15
Book Value (₹): 235.60
Dividend per Share (₹): 0.00
Cash EPS (₹): 4.11
Operating Margin %: 5.35%
Net Margin %: 2.71%
ROE %: 7.16%
ROCE %: 8.55%
: 3.62%
Debtor Days: 109
Inventory Days: 67
Payable Days: 81
: 95
Debt to Equity (x): 0.46x
Interest Coverage (x): 4.12x
: 1.69x
Revenue Growth %: -3.72%
Operating Profit Growth %: 10.87%
Net Profit Growth %: -11.02%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2018

EPS (₹): 14.98
Book Value (₹): 230.59
Dividend per Share (₹): 0.00
Cash EPS (₹): 3.95
Operating Margin %: 6.16%
Net Margin %: 2.71%
ROE %: 6.47%
ROCE %: 7.87%
: 3.43%
Debtor Days: 114
Inventory Days: 82
Payable Days: 72
: 123
Debt to Equity (x): 0.44x
Interest Coverage (x): 3.63x
: 1.80x
Revenue Growth %: -6.16%
Operating Profit Growth %: 8.03%
Net Profit Growth %: -6.00%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2019

EPS (₹): 14.20
Book Value (₹): 248.21
Dividend per Share (₹): 0.00
Cash EPS (₹): 3.79
Operating Margin %: 4.56%
Net Margin %: 2.07%
ROE %: 5.93%
ROCE %: 7.51%
: 3.20%
Debtor Days: 96
Inventory Days: 87
Payable Days: 65
: 118
Debt to Equity (x): 0.46x
Interest Coverage (x): 3.63x
: 1.85x
Revenue Growth %: 23.78%
Operating Profit Growth %: -8.27%
Net Profit Growth %: -5.19%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2020

EPS (₹): 17.02
Book Value (₹): 247.89
Dividend per Share (₹): 0.00
Cash EPS (₹): 4.58
Operating Margin %: 5.46%
Net Margin %: 2.52%
ROE %: 6.86%
ROCE %: 7.99%
: 3.75%
Debtor Days: 104
Inventory Days: 85
Payable Days: 61
: 127
Debt to Equity (x): 0.45x
Interest Coverage (x): 3.81x
: 1.86x
Revenue Growth %: -1.37%
Operating Profit Growth %: 18.11%
Net Profit Growth %: 19.85%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2021

EPS (₹): 10.28
Book Value (₹): 268.62
Dividend per Share (₹): 4.50
Cash EPS (₹): 3.21
Operating Margin %: 4.81%
Net Margin %: 1.74%
ROE %: 3.98%
ROCE %: 5.62%
: 2.23%
Debtor Days: 116
Inventory Days: 92
Payable Days: 63
: 145
Debt to Equity (x): 0.43x
Interest Coverage (x): 2.90x
: 2.17x
Revenue Growth %: -12.54%
Operating Profit Growth %: -22.91%
Net Profit Growth %: -39.58%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2022

EPS (₹): 20.61
Book Value (₹): 278.97
Dividend per Share (₹): 8.50
Cash EPS (₹): 5.35
Operating Margin %: 5.66%
Net Margin %: 2.56%
ROE %: 7.56%
ROCE %: 9.58%
: 3.96%
Debtor Days: 95
Inventory Days: 83
Payable Days: 56
: 121
Debt to Equity (x): 0.55x
Interest Coverage (x): 4.59x
: 1.96x
Revenue Growth %: 37.62%
Operating Profit Growth %: 62.06%
Net Profit Growth %: 102.47%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2023

EPS (₹): 2.13
Book Value (₹): 57.26
Dividend per Share (₹): 0.00
Cash EPS (₹): 3.43
Operating Margin %: 4.70%
Net Margin %: 1.48%
ROE %: 3.76%
ROCE %: 6.33%
: 1.92%
Debtor Days: 115
Inventory Days: 101
Payable Days: 74
: 142
Debt to Equity (x): 0.47x
Interest Coverage (x): 2.14x
: 2.10x
Revenue Growth %: -10.71%
Operating Profit Growth %: -25.91%
Net Profit Growth %: -48.43%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2024

EPS (₹): 2.15
Book Value (₹): 61.32
Dividend per Share (₹): 0.00
Cash EPS (₹): 3.45
Operating Margin %: 4.98%
Net Margin %: 1.49%
ROE %: 3.67%
ROCE %: 7.19%
: 1.89%
Debtor Days: 107
Inventory Days: 115
Payable Days: 71
: 151
Debt to Equity (x): 0.56x
Interest Coverage (x): 1.79x
: 1.90x
Revenue Growth %: 2.67%
Operating Profit Growth %: 16.73%
Net Profit Growth %: 3.24%
: 1.37%
P/E (x): 46.27x
P/B (x): 1.63x
Dividend Yield %: 0.00%
: 16.77x

Mar 2025

EPS (₹): 2.51
Book Value (₹): 71.32
Dividend per Share (₹): 0.00
Cash EPS (₹): 3.78
Operating Margin %: 6.00%
Net Margin %: 1.83%
ROE %: 3.98%
ROCE %: 6.76%
: 2.14%
Debtor Days: 109
Inventory Days: 128
Payable Days: 67
: 169
Debt to Equity (x): 0.45x
Interest Coverage (x): 1.98x
: 2.05x
Revenue Growth %: 5.51%
Operating Profit Growth %: 24.87%
Net Profit Growth %: 29.96%
: 16.51%
P/E (x): 48.87x
P/B (x): 1.72x
Dividend Yield %: 0.00%
: 16.90x

Shareholding Pattern

Numbers in percentages

TRADES

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	67.46	65.59	58.83	58.97	62.49	61.89	61.70	61.70	61.95
	0.76	0.85	0.77	1.20	1.12	1.25	2.25	2.02	4.15
	0.00	0.13	0.07	0.44	0.43	0.43	0.22	0.00	0.14
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	31.78	33.43	40.33	39.39	35.95	36.42	35.83	36.28	33.76

Jun 2024

: 67.46
: 0.76
: 0.00
Government: 0.00
: 31.78

Sep 2024

: 65.59
: 0.85
: 0.13
Government: 0.00
: 33.43

Dec 2024

: 58.83
: 0.77
: 0.07
Government: 0.00
: 40.33

Mar 2025

: 58.97
: 1.20
: 0.44
Government: 0.00
: 39.39

Jun 2025

: 62.49
: 1.12
: 0.43
Government: 0.00
: 35.95

Sep 2025

: 61.89
: 1.25
: 0.43
Government: 0.00
: 36.42

Dec 2025

: 61.70
: 2.25
: 0.22
Government: 0.00
: 35.83

Mar 2026

: 61.70
: 2.02
: 0.00
Government: 0.00
: 36.28

Jun 2026

: 61.95
: 4.15
: 0.14
Government: 0.00
: 33.76

Documents

Announcements

Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-13 - Renaissance Global Limited has informed the Exchange about Transcript
Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-10 - Renaissance Global Limited has informed the Exchange about Link of Recording

Annual Reports

Credit Ratings

Credit Rating
2026-06-09 - Renaissance Global Limited has informed the Exchange about Credit Rating

Concalls

Aug 2026
Transcript PPTREC
Jun 2026
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May 2026
TranscriptPPTREC