Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹182 Cr.
Stock P/E
34.1
P/B
2.2
Current Price
₹219.2
Book Value
₹ 101.2
Face Value
10
52W High
₹283.9
52W Low
₹ 123.9
Dividend Yield
0%

Rocking.Circular Overview

Business

Rockingdeals Circular Economy Ltd. operates in the re-commerce segment, focusing on the circular economy. The company primarily engages in the business of procuring, refurbishing, and reselling unboxed, refurbished, surplus, and pre-owned products across various categories. This includes electronics, home appliances, clothing, and other consumer goods. Their core business model involves sourcing these products from manufacturers, e-commerce returns, and other channels, conducting quality checks and necessary refurbishments, and then selling them to consumers through online and offline channels. The company makes money by adding value through inspection, repair, and certification, and selling these products at a margin.

Revenue Mix

Specific segment breakdowns or revenue mix percentages are not publicly disclosed with the provided information. However, based on the company's stated business, potential key product categories contributing to revenue would likely include:

Electronics (smartphones, laptops, accessories)

Home Appliances (refrigerators, washing machines, air conditioners)

Fashion and Lifestyle products

Other consumer goods

The company generates revenue from the sale of these refurbished or pre-owned products.

Industry

Rockingdeals Circular Economy Ltd. operates within the Indian retailing sector, specifically targeting the rapidly growing re-commerce or secondary market for consumer goods. This industry is characterized by increasing consumer demand for affordable products and a growing emphasis on sustainable consumption. The market structure includes a large unorganized segment, along with a rising number of organized players, both online and offline. Rockingdeals positions itself as an organized and trustworthy player in this space, aiming to offer quality-checked and often warrantied products, thereby differentiating itself from informal channels and building consumer trust in refurbished goods.

MOAT

Potential competitive advantages for Rockingdeals Circular Economy Ltd. could include:

Sourcing Network: The ability to establish and maintain strong relationships with manufacturers, distributors, and e-commerce companies to consistently procure high-quality, unboxed, or excess inventory at favorable prices.

Refurbishment & Quality Control Expertise: Developing efficient and reliable processes for inspecting, repairing, and certifying products, which builds consumer trust in the quality and reliability of refurbished goods.

Brand & Trust: Building a reputable brand name in a market often associated with uncertainty regarding product quality. A strong brand can command customer loyalty and premium pricing for peace of mind.

Scale & Logistics: As the company scales, it may achieve better economies of scale in sourcing, processing, and distribution, leading to cost efficiencies.

Growth Drivers

Key factors that can drive growth for Rockingdeals Circular Economy Ltd. over the next 3-5 years include:

Increasing Demand for Value: A growing consumer base in India looking for affordable alternatives to new products, especially in electronics and appliances.

Rising Environmental Consciousness: Greater awareness about sustainability and the circular economy encouraging consumers to opt for pre-owned or refurbished items.

Expansion of E-commerce Returns & Excess Inventory: The continued growth of e-commerce leads to a larger pool of returns and excess stock that needs liquidation, providing a steady supply of inventory.

Market Formalization: The shift from unorganized local markets to organized retail platforms for pre-owned goods, driven by trust and convenience.

New Product Categories & Geographic Expansion: Expanding into new product segments or increasing presence in more cities/regions within India.

Risks

Key business risks for Rockingdeals Circular Economy Ltd. include:

Inventory Sourcing: Dependence on consistent availability of quality inventory at competitive prices. Disruptions in supply chains or increased competition for inventory could impact profitability.

Quality Control & Reputation: The inherent risk of selling refurbished products is maintaining consistent quality. Failures in quality control can lead to customer dissatisfaction, returns, and significant reputational damage.

Competition: Intense competition from both unorganized local players and other organized online/offline re-commerce companies.

Consumer Perception: Overcoming the stigma associated with "used" or "refurbished" goods, and convincing consumers of the value and reliability of their products.

Inventory Management: Risk of obsolescence, damage, or holding costs if inventory doesn't sell quickly.

Economic Downturns: While the affordability aspect might be a hedge, a severe economic downturn could still impact discretionary spending.

Management & Ownership

As a company typically listed on an SME platform or recently listed, the ownership is likely promoter-led, meaning the founders or their families hold a significant stake and exert considerable control over the company's strategic direction and operations. Information regarding the specific quality of management, board composition, or detailed ownership structure beyond general promoter control is not publicly available without specific financial reports or company filings.

Outlook

Rockingdeals Circular Economy Ltd. operates in a promising niche within the Indian retail landscape, driven by strong tailwinds of affordability and sustainability. The company's success hinges on its ability to consistently source quality inventory, maintain rigorous refurbishment and quality control processes, and effectively build a trusted brand in a market segment that traditionally suffers from lack of trust. While the market offers significant growth potential as more consumers adopt circular consumption patterns, the company faces inherent risks related to inventory management, quality assurance, and fierce competition. Its long-term viability will depend on operational excellence and the ability to scale while preserving margins and customer satisfaction.

Rocking.Circular Share Price

Live · NSE · Inception: 2002
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Rocking.Circular Quarterly Results

#(Fig in Cr.) Sep 2023 Jun 2025
Net Sales 6 23
Other Income 0 0
Total Income 6 23
Total Expenditure 6 21
Operating Profit 0 3
Interest 0 0
Depreciation 0 1
Exceptional Income / Expenses 0 0
Profit Before Tax 0 2
Provision for Tax 0 0
Profit After Tax 0 1
Adjustments 0 0
Profit After Adjustments 0 1
Adjusted Earnings Per Share 0.5 2.4

Rocking.Circular Profit & Loss

#(Fig in Cr.) Mar 2024 Mar 2025 TTM
Net Sales 50 55 29
Other Income 0 0 0
Total Income 50 56 29
Total Expenditure 42 45 27
Operating Profit 8 11 3
Interest 0 1 0
Depreciation 0 3 1
Exceptional Income / Expenses 0 0 0
Profit Before Tax 7 7 2
Provision for Tax 2 2 0
Profit After Tax 5 5 1
Adjustments 0 0 0
Profit After Adjustments 5 5 1
Adjusted Earnings Per Share 9.2 9.4 2.9

Rocking.Circular Balance Sheet

#(Fig in Cr.) Mar 2024 Mar 2025
Shareholder's Funds 35 40
Minority's Interest 0 0
Borrowings 0 0
Other Non-Current Liabilities 0 -0
Total Current Liabilities 5 13
Total Liabilities 40 54
Fixed Assets 5 13
Other Non-Current Assets 1 2
Total Current Assets 34 39
Total Assets 40 54

Rocking.Circular Cash Flow

#(Fig in Cr.) Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 2
Cash Flow from Operating Activities -15 3
Cash Flow from Investing Activities -2 -11
Cash Flow from Financing Activities 19 7
Net Cash Inflow / Outflow 2 -1
Closing Cash & Cash Equivalent 2 1

Rocking.Circular Ratios

# Mar 2024 Mar 2025
Earnings Per Share (Rs) 9.2 9.43
CEPS(Rs) 9.67 13.93
DPS(Rs) 0 0
Book NAV/Share(Rs) 61.95 71.38
Core EBITDA Margin(%) 15.2 18.83
EBIT Margin(%) 15.26 14.43
Pre Tax Margin(%) 14.61 13.38
PAT Margin (%) 10.51 9.63
Cash Profit Margin (%) 11.04 14.22
ROA(%) 12.99 11.39
ROE(%) 14.86 14.15
ROCE(%) 21.52 19.28
Receivable days 43.33 49.57
Inventory Days 168.75 159.99
Payable days 20.74 20.6
PER(x) 34.68 21.26
Price/Book(x) 5.15 2.81
Dividend Yield(%) 0 0
EV/Net Sales(x) 4.14 2.47
EV/Core EBITDA(x) 26.21 12.97
Net Sales Growth(%) 0 11.85
EBIT Growth(%) 0 5.83
PAT Growth(%) 0 2.5
EPS Growth(%) 0 2.5
Debt/Equity(x) 0 0.19
Current Ratio(x) 6.8 2.89
Quick Ratio(x) 2.18 0.98
Interest Cover(x) 23.61 13.72
Total Debt/Mcap(x) 0 0.06

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +10% — — —
Operating Profit CAGR +38% — — —
PAT CAGR 0% — — —
Share Price CAGR +34% — — —
ROE Average +14% +15% +15% +15%
ROCE Average +19% +20% +20% +20%

Rocking.Circular Shareholding Pattern

Latest · Mar 2026
100% held
Promoters 50.95 %
FII 0 %
DII (MF + Insurance) 0 %
Public (retail) 49.05 %
# Mar 2024 Sep 2024 Mar 2025 Sep 2025 Mar 2026
Promoter 65.0165.0165.1164.1150.95
FII 0.880.03000
DII 1.860.18000
Public 32.2534.7934.8935.8949.05
Others 00000
Total 100100100100100

Rocking.Circular Peer Comparison

Retailing Edit Columns

Rocking.Circular Quarterly Price

10-year quarterly close · BSE
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News & Updates

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Rocking.Circular Pros & Cons

Pros

  • Debtor days have improved from 20.74 to 20.6days.
  • Company is almost debt free.

Cons

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