Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹1745 Cr.
Stock P/E
19.3
P/B
1.1
Current Price
₹162.5
Book Value
₹ 142.2
Face Value
2
52W High
₹173.4
52W Low
₹ 85.1
Dividend Yield
0%

Renaissance Global Overview

Business

Renaissance Global Ltd. (RGL) is engaged in the design, manufacturing, and distribution of diamond and gold jewelry. Its core business model involves creating various jewelry products, often for international and domestic markets. The company likely operates both as a business-to-business (B2B) supplier to major retailers and possibly has its own branded collections. RGL makes money by selling these finished jewelry pieces, leveraging its design capabilities, manufacturing infrastructure, and supply chain management for precious materials.

Revenue Mix

While specific revenue contributions are not detailed in the provided information, typical segmentation for a diamond and jewelry company like RGL often includes:

Branded Jewelry: Sales under its own proprietary brands.

Private Label / Contract Manufacturing: Production for other retailers or brands.

Geographic Markets: Revenue derived from domestic sales (India) versus international exports.

Product Categories: Different types of jewelry such as rings, earrings, necklaces, and pendants, which may have varying margins or market demand.

Industry

The Diamond & Jewellery industry is a global, competitive, and often fragmented sector, characterized by a complex value chain from mining/sourcing of precious stones and metals to manufacturing, wholesale, and retail. It is heavily influenced by consumer discretionary spending, fashion trends, and raw material price volatility. India is a significant player globally, particularly in diamond cutting and polishing, and jewelry manufacturing, with a large domestic market. RGL is positioned as a manufacturer and distributor within this industry. Its standing relative to peers would depend on its scale of operations, brand portfolio, design innovation, manufacturing efficiency, and global distribution network, potentially competing with both large organized players and numerous unorganized entities.

MOAT

For a jewelry manufacturer, potential competitive advantages, or "moats," could include:

Design & Innovation Capabilities: A strong in-house design team that consistently creates appealing and market-relevant collections.

Manufacturing Efficiency & Scale: Advanced production facilities and efficient processes that allow for cost-effective mass production or high-quality bespoke pieces.

Supply Chain Management: Robust relationships with diamond and gold suppliers, ensuring consistent quality, ethical sourcing, and competitive pricing.

Distribution Network: Established relationships with major retail chains globally and/or a strong direct-to-consumer presence (including e-commerce).

Brand Equity: If RGL has developed strong consumer-facing brands that command premium pricing and customer loyalty.

Growth Drivers

Key factors that could drive RGL's growth over the next 3-5 years include:

Rising Disposable Incomes: Growth in global and Indian middle-class wealth increasing demand for luxury and aspirational goods.

Urbanization & Changing Lifestyles: Increased penetration of organized retail and e-commerce channels for jewelry.

Export Market Expansion: Capitalizing on India's position as a jewelry manufacturing hub to grow international sales.

Brand Building & Portfolio Expansion: Launching new brands or expanding existing ones to capture different consumer segments.

E-commerce & Digital Marketing: Leveraging online platforms to reach a wider customer base and enhance brand visibility.

Product Innovation: Introducing new materials, designs, or customizable options to meet evolving consumer preferences.

Risks

Raw Material Price Volatility: Fluctuations in gold and diamond prices directly impact cost of goods sold and profitability.

Economic Slowdown: As a discretionary purchase, jewelry sales are sensitive to economic downturns, affecting consumer confidence and spending.

Intense Competition: The industry is highly fragmented with numerous players, leading to price pressure and potential margin erosion.

Changes in Consumer Preferences: Rapid shifts in fashion trends or consumer tastes can lead to inventory obsolescence.

Regulatory Changes: Import/export duties, hallmarking norms, and ethical sourcing regulations can impact operations and costs.

Foreign Exchange Fluctuations: As an exporter/importer, currency movements can affect revenues and costs.

Inventory Management: Maintaining optimal inventory levels of high-value goods is crucial to avoid blockages of working capital.

Management & Ownership

Renaissance Global Ltd., typical of many Indian companies, is likely promoter-driven, with the founding family or individuals holding a significant stake and exercising control over strategic direction. The quality of management would hinge on their experience in the diamond and jewelry sector, ability to navigate industry cycles, design innovation, and financial prudence. Ownership structure would typically involve a substantial promoter holding, alongside institutional investors and public shareholders.

Outlook

Renaissance Global operates in an industry with fundamental long-term demand drivers, particularly in India where jewelry holds significant cultural and investment value, and globally with increasing disposable incomes. The company's ability to capitalize on these trends through design innovation, efficient manufacturing, and effective market penetration (both B2B and potentially B2C) will be crucial. However, it faces inherent challenges from volatile raw material prices, intense competition, and the cyclical nature of consumer discretionary spending. Success will depend on its capacity to manage these risks, adapt to changing consumer preferences, strengthen its distribution channels, and maintain robust supply chain relationships to ensure sustained profitability and growth.

Renaissance Global Share Price

Live · BSE / NSE · Inception: 1989
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Renaissance Global Quarterly Results

#(Fig in Cr.) Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 537 445 412 710 514 530 546 963 773 780
Other Income 3 2 1 2 3 5 2 2 -1 9
Total Income 540 447 413 712 517 535 549 965 773 789
Total Expenditure 494 408 378 659 476 494 506 902 716 740
Operating Profit 45 39 35 53 41 41 43 63 57 50
Interest 14 13 14 14 12 11 11 13 12 12
Depreciation 8 7 7 7 8 8 8 8 9 8
Exceptional Income / Expenses 0 0 0 0 0 -12 0 0 0 0
Profit Before Tax 23 19 14 32 20 9 24 42 37 30
Provision for Tax 2 4 3 8 -3 3 3 9 6 4
Profit After Tax 21 15 11 24 23 7 20 33 30 26
Adjustments -1 0 -0 0 2 -0 -1 -1 2 -0
Profit After Adjustments 20 16 11 24 25 6 19 32 32 25
Adjusted Earnings Per Share 2 1.6 1.2 2.3 2.3 0.6 1.8 3 3 2.4

Renaissance Global Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 1320 1473 1811 2591 2502 2031 2190 2237 2107 2081 2813 3062
Other Income 4 18 34 2 17 16 31 6 10 8 9 12
Total Income 1324 1491 1845 2593 2519 2047 2220 2243 2117 2089 2822 3076
Total Expenditure 1241 1410 1744 2469 2348 1932 2014 2065 1943 1916 2612 2864
Operating Profit 83 81 101 124 170 116 206 178 174 173 210 213
Interest 11 13 14 25 30 25 35 51 59 58 53 48
Depreciation 15 14 11 18 35 31 35 32 30 30 33 33
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 -12 0
Profit Before Tax 57 54 75 81 106 59 136 95 85 85 112 133
Provision for Tax 10 11 11 4 18 13 30 7 12 12 21 22
Profit After Tax 47 43 64 77 88 46 106 88 74 74 90 109
Adjustments 0 -0 -1 -0 0 -4 -1 -1 -1 2 -0 0
Profit After Adjustments 47 42 63 77 88 42 106 87 72 76 90 108
Adjusted Earnings Per Share 5 4.6 6.7 8.2 9.4 4.5 11.2 9.2 7.5 7.1 8.4 10.2

Renaissance Global Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 461 512 549 665 699 843 924 1026 1149 1391 1509
Minority's Interest 0 -1 0 0 0 -0 0 1 -0 31 35
Borrowings 2 2 1 1 0 29 45 44 29 18 54
Other Non-Current Liabilities -2 -15 -21 56 69 62 111 107 107 99 97
Total Current Liabilities 561 645 672 898 756 685 898 711 710 765 673
Total Liabilities 1023 1143 1202 1620 1525 1619 1979 1888 1995 2304 2367
Fixed Assets 71 72 49 82 98 80 218 258 258 306 309
Other Non-Current Assets 33 13 24 11 21 19 39 27 31 40 34
Total Current Assets 919 1059 1123 1527 1406 1519 1721 1603 1705 1957 2024
Total Assets 1023 1143 1202 1620 1525 1619 1979 1888 1995 2304 2367

Renaissance Global Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 50 58 76 58 29 85 185 185 132 51 105
Cash Flow from Operating Activities 73 5 -34 -303 202 117 86 229 -35 -1 54
Cash Flow from Investing Activities -25 -58 22 -2 -71 61 -117 -66 -28 -57 -24
Cash Flow from Financing Activities -40 71 -7 277 -76 -78 30 -217 -17 112 -77
Net Cash Inflow / Outflow 8 19 -19 -29 56 100 -2 -54 -80 54 -47
Closing Cash & Cash Equivalent 58 76 58 29 85 185 185 132 51 105 58

Renaissance Global Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) 4.97 4.56 6.75 8.21 9.42 4.55 11.21 9.22 7.53 7.1 8.39
CEPS(Rs) 6.54 6.14 8.07 10.2 13.16 8.31 14.99 12.7 10.8 9.68 11.52
DPS(Rs) 0.4 0 0 0 0 0.9 1.7 0 0 0 0
Book NAV/Share(Rs) 48.36 55.58 58.78 71.15 74.85 89.5 96.82 108.21 118.7 128.72 139.83
Core EBITDA Margin(%) 5.95 4.3 3.68 4.51 5.67 4.73 7.6 7.34 7.52 7.92 7.14
EBIT Margin(%) 5.13 4.56 4.94 3.93 4.99 4 7.4 6.23 6.58 6.87 5.86
Pre Tax Margin(%) 4.34 3.67 4.14 3 3.89 2.82 5.89 4.05 3.91 4.08 3.96
PAT Margin (%) 3.59 2.89 3.55 2.87 3.24 2.2 4.59 3.75 3.37 3.53 3.21
Cash Profit Margin (%) 4.73 3.84 4.16 3.54 4.53 3.69 6.11 5.12 4.75 4.98 4.39
ROA(%) 4.86 3.93 5.48 5.47 5.58 2.94 5.92 4.54 3.79 3.43 3.86
ROE(%) 11.01 8.73 12.12 12.71 12.87 6.03 12.17 9.07 6.81 5.85 6.27
ROCE(%) 9.79 8.57 10.21 9.93 11.02 6.57 12.13 9.81 9.15 8.03 8.44
Receivable days 69.16 59 57.17 49.27 52.4 68.1 65.11 69.59 77.42 104.14 100.39
Inventory Days 140.91 134.88 115.91 108.95 123.52 144.33 140.56 140.47 152.78 169.18 123.53
Payable days 97.01 82.87 65.38 51.35 39.57 32.42 44.48 54.13 51.45 49.14 28.71
PER(x) 5.04 6.16 9.23 7.44 4.39 12.92 15.32 9.04 13.24 17.28 11.54
Price/Book(x) 0.52 0.51 1.06 0.86 0.55 0.66 1.77 0.77 0.84 0.95 0.69
Dividend Yield(%) 1.6 0 0 0 0 1.53 0.99 0 0 0 0
EV/Net Sales(x) 0.32 0.35 0.48 0.42 0.33 0.42 0.91 0.49 0.66 0.81 0.51
EV/Core EBITDA(x) 5.16 6.42 8.6 8.87 4.79 7.35 9.66 6.2 7.96 9.72 6.76
Net Sales Growth(%) 3.38 11.66 22.91 41.94 -3.43 -18.81 7.81 2.14 -5.79 -1.24 35.18
EBIT Growth(%) 18.52 -0.76 33.11 18.54 28 -37.75 103.54 -14.9 -1.29 -0.53 15.15
PAT Growth(%) 18.84 -10.2 51.28 20.96 13.72 -47.29 130.14 -17.51 -16.18 0.12 22.49
EPS Growth(%) 18.14 -8.26 47.87 21.74 14.68 -51.71 146.33 -17.7 -18.37 -5.67 18.2
Debt/Equity(x) 0.55 0.67 0.63 0.85 0.75 0.6 0.61 0.45 0.45 0.37 0.33
Current Ratio(x) 1.64 1.64 1.67 1.7 1.86 2.22 1.92 2.26 2.4 2.56 3.01
Quick Ratio(x) 0.69 0.77 0.79 0.57 0.78 0.99 0.87 1.04 1.04 1.3 1.61
Interest Cover(x) 6.43 5.09 6.18 4.23 4.55 3.37 4.91 2.85 2.46 2.47 3.09
Total Debt/Mcap(x) 1.05 1.28 0.59 0.98 1.34 0.9 0.35 0.59 0.53 0.39 0.47

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +35% +8% +7% +8%
Operating Profit CAGR +21% +6% +13% +10%
PAT CAGR +22% +1% +14% +7%
Share Price CAGR +36% +16% 0% +20%
ROE Average +6% +6% +8% +9%
ROCE Average +8% +9% +10% +9%

Renaissance Global Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 61.95 %
FII 4.15 %
DII (MF + Insurance) 0.14 %
Public (retail) 33.76 %
# Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 69.5567.4665.5958.8358.9762.4961.8961.761.761.95
FII 0.920.760.850.771.21.121.252.252.024.15
DII 000.130.070.440.430.430.2200.14
Public 29.5231.7833.4340.3339.3935.9536.4235.8336.2833.76
Others 0000000000
Total 100100100100100100100100100100

Renaissance Global Peer Comparison

Diamond & Jewellery Edit Columns

Renaissance Global Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Renaissance Global Pros & Cons

Pros

  • Debtor days have improved from 49.14 to 28.71days.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 6% over the last 3 years.
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