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Rolex Rings Ltd. (India)

Main Activities: Fabricated Metal Product Manufacturing
Full name: Rolex Rings Ltd. Profile Updated: November 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Rolex Rings Ltd. is a company located in Rajkot, India. It was founded by Mr. Rupesh Madeka and Mr. Jiten Madeka, who started their journey into engineering with limited resources and a strong passion for excellence. The company specializes in manufacturing various types of rings for ball bearings, tapered bearings, cylindrical bearings, railway bearing components, and spacers. They also offer additional operations such as drilling, milling, and marking. Rolex aims to provide customized products that meet the specific requirements of their clients. Over the years, they have increased their production capacity to 145K MT per annum and have become a leading manufacturer of forged and machining components worldwide. Rolex is known for setting new benchmarks in the industry of forging and machining. They prioritize technology and invest heavily in manufacturing technology, testing, and research to deliver superior products. The company has an advanced manufacturing facility with state-of-the-art machinery and utilizes advanced CAD/CAE/CAM software for design creation and validation. They also have a dedicated engineering department that focuses on continuous R&D activities to enhance value for their clients in terms of cost, quality, and environmental safety.

Legal Address
B/h. Glowtech Steel Private Limited,, Gondal Road, Kotharia,
Rajkot; Gujarat; Postal Code: 360004

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Website: http://www.rolexrings.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
2003
Key Executives
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Chairman
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Director & Member
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Director & Member
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Director & Member
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Secretary
Ownership Details
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53.35%
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30.44%
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7.97%
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5.75%
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1.42%
Company Performance
Financial values in the chart are available after Rolex Rings Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
-3.33%
Total operating revenue
-1.96%
Operating profit (EBIT)
2.07%
EBITDA
5.77%
Net Profit (Loss) for the Period
3.95%
Total assets
16.21%
Total equity
18.96%
Operating Profit Margin (ROS)
1.15%
Net Profit Margin
1.14%
Return on Equity (ROE)
-1.44%
Debt to Equity Ratio
-2.68%
Quick Ratio
0.78%
Cash Ratio
0.05%

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