Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

Renaissance Global Limited

NSE: RGLGems, Jewellery And Watches

Share price

₹160.74

+3.28% close of 9 Oct 2026

Market cap ₹1,688 CrP/E 15.6

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

59

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹1,688 Cr

P/E ratio

15.6

P/B ratio

1.1

ROCE

8.3%

ROE

6.9%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹170.4852-week low ₹86.18

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 41.4% over the past year, and 8.2% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 8.1% to 6.6% over the last four years.

Whether it grew faster than its sector

It grew 8.2% a year against a sector median of 11.3% — 3.1 percentage points slower.

Room to re-rate, or risk of de-rating

At 15.6× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 38.7×, across 5 companies. It is against its own five-year median of 15.1×, the 56th percentile of its own range.

Whether growth justifies the valuation

Priced at 3.9 times its growth rate, on earnings growth of 4%.

Profit growthPrice per ₹1 profitPer 1% growth
Renaissance Global Limited — this one4%/yr15.6×₹3.9
Kalyan Jewellers India Limited45%/yr39.1×₹0.87
Lalithaa Jewellery Mart Limited—21.2×—
Thangamayil Jewellery Limited64%/yr38.7×₹0.60
PC Jeweller Limited77%/yr18.8×₹0.24
SKY GOLD AND DIAMONDS LIMITED144%/yr42.7×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Gems, Jewellery And Watches), it ranks 32 of 38 on returns, 27 of 35 on growth, 32 of 40 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 8.3% on capital, ahead of 16% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹333 crore of cash from the business, spent ₹97 crore on plant and equipment, and returned ₹169 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 59 arrived as cash. Its cash comes back more slowly than it used to: it went from being waiting 95 days for its cash to waiting 149 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

9 of 10 checks clear · 90%

How the profit check works

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 7 Aug 2026 · Consolidated · Unaudited

Revenue

₹780 Cr

Revenue vs last year

+47.2%

Revenue vs last quarter

+0.9%

Net profit

₹26 Cr

Profit vs last year

+266.4%

Profit vs last quarter

-14.5%

Net margin

3.3%

EPS

₹2.37

Earnings call transcript · 10 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹1,688 Cr
Prev close
₹160.74
52w High
₹174
52w Low
₹85.0
Enterprise value
₹2,127 Cr
Beta
1.8
Price CAGR 1y
31.0%
Price CAGR 3y
17.0%
Price CAGR 5y
0.0%
Price CAGR 10y
19.0%

Ratios

Return on assets
3.7%
PEG ratio
4.0
P/E ratio
15.6
P/B ratio
1.1
EV / EBITDA
10.6
Industry P/E
21.8
ROCE
8.3%
ROCE 5y average
8.6%
ROE
6.9%
Debt / Equity
0.4
Interest coverage
3.1
Dividend yield
0.0%
ROE 3y average
7.0%
ROE last year
7.0%

Annual P&L

Annual revenue
₹2,813 Cr
Annual profit
₹90 Cr
Operating margin
7.0%
Net profit margin
3.2%
EBITDA margin
7.2%
Sales growth 3y
7.9%
Sales growth 5y
6.7%
Profit growth 3y
4.0%
Profit growth 5y
19.0%
EPS
₹8.4
Sales growth TTM
41.0%
Profit growth TTM
44.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹780 Cr
Profit latest quarter
₹26 Cr
YoY quarterly sales growth
47.2%
YoY quarterly profit growth
271.4%
OPM latest quarter
5.2%

Balance Sheet

Book Value
₹144
Face Value
₹2.0
Total debt
₹641 Cr
Total cash
₹107 Cr
Borrowings
₹641 Cr
Reserves / Equity
70.8

Cash Flow

Operating cash flow
₹54 Cr
Free cash flow
₹45 Cr
FCF yield
-0.5%
Net cash flow
-₹47 Cr

Shareholding

Promoter holding
62.0%
FII holding
4.2%
DII holding
0.1%
Public holding
33.8%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Titan Company4,405.1067.03,91,0790.341,777.062.921,356.029.320.5
Kalyan Jewellers560.0039.557,8340.44348.732.010,588.945.721.1
Lalithaa Jewel375.0022.020,9890.00208.4-21.16,039.626.238.0
Thangamayil Jew.4,876.2038.615,1560.3785.186.22,666.471.225.5
PC Jeweller14.1417.913,8680.00221.937.0877.021.09.6
Sky Gold & Diam.887.6541.113,7470.00104.9136.92,012.877.926.9
Bluestone Jewel804.65218.312,2930.006.0120.2736.949.66.8
Renaiss. Global159.3015.71,7110.0025.665.8780.547.28.3
Median268.6820.31,2280.0021.549.8378.639.021.6

Competes with: BlueStone Jewellery and Lifestyle Limited, Ethos Limited, Kalyan Jewellers India Limited, Lalithaa Jewellery Mart Limited, P N Gadgil Jewellers Limited, PC Jeweller Limited, SKY GOLD AND DIAMONDS LIMITED, Thangamayil Jewellery Limited, Titan Company

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales473442655537445412710514530546963773780
Expenses440411604494408378659476494506902716740
Material Cost200156151175130133
Change in Inventories-5356-82805339
Purchases of Stock-in-Trade195165314490411435
Employee Cost332925242326
Other Expenses101889713498107
Operating Profit34305242373451383641615841
OPM %7.116.897.867.848.218.197.177.426.837.446.317.485.24
Other Income31232123-722-19
Exceptional items (within Other Income)0-120000
Interest11121414131414121111131212
Depreciation7878777888898
Profit before tax1812322319143220924423730
Tax %2014149202024-142915211714
Net Profit1410282115112423720333026
EPS in Rs1.511.102.912.051.621.162.272.340.591.802.993.012.36
Diluted EPS in Rs2.370.591.802.993.012.37

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,2761,3201,4731,8112,5912,5022,0312,1902,2372,1072,0812,8133,063
Expenses1,2191,2411,4101,7452,4692,3521,9362,0142,0631,9431,9152,6112,863
Material Cost995612
Change in Inventories-82106
Purchases of Stock-in-Trade4941,380
Employee Cost127101
Other Expenses389417
Operating Profit5779636612215095176173164166202200
OPM %4.5064.303.604.7064.70888877
Other Income174183421616304108-413
Exceptional items (within Other Income)0-12
Interest12111314253025355159585347
Depreciation17151411183131353230303334
Profit before tax465754748110655136948585112132
Tax %1317211441723227141419
Net Profit4047436477884210687747490109
EPS in Rs4.214.974.416.688.139.324.50119.227.537.108.3910
Diluted EPS in Rs7.639.51
Dividend Payout %58000020150000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
8%
5 years
7%
3 years
8%
TTM
41%

Compounded profit growth

10 years
8%
5 years
19%
3 years
4%
TTM
44%

Stock price CAGR

10 years
19%
5 years
0%
3 years
17%
1 year
31%

Return on equity

10 years
9%
5 years
8%
3 years
7%
Last year
7%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital191918191919191919192121
Reserves3804424945306466818249051,0071,1291,3701,487
Borrowings272252344348567524528706611655661641
Other Liabilities258314247328422349275372283222288263
Minority Interest3135
Total Liabilities9291,0271,1031,2251,6541,5731,6462,0021,9202,0262,3402,413
Fixed Assets78717249829880218258258306309
CWIP070300092101
Investments243687652371117499119104113
Other Assets8279139441,1081,5481,4041,5551,7001,5621,6471,9301,990
Total Assets9291,0271,1031,2251,6541,5731,6462,0021,9202,0242,3402,412

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity97735-34-30320211786229-35-154
Cash from Investing Activity-28-25-5822-2-7161-115-66-28-57-24
Cash from Financing Activity-76-4071-7277-76-7830-217-17112-77
Net Cash Flow-6819-19-29561000-54-8054-47
Free Cash Flow9259-12-44-35119411366192-48-2046

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days68735371535968747384124109
Inventory Days180194176143174147188212196243250164
Days Payable8710774745026325651465024
Cash Conversion Cycle160160155140176180224230217280325249
Working Capital Days62726269817311595107139166149
ROCE %81091010116119878

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters707070676659596362626262
FIIs1.701.660.920.760.850.771.201.121.252.252.024.15
DIIs0.120.12000.130.110.460.430.430.2200.14
Public292930323340393636363634
No. of Shareholders15,64316,89718,00517,56022,62421,21020,95820,77320,54420,79925,82423,555

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +18.7% (₹135.46 → ₹160.74)Brick size ₹8.56 (fixed)Bricks 21
₹100₹125₹150₹161Jan '26May '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹160.74 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

439inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

4,11,70,869inr

2026-03-31

News

News and filings about Renaissance Global Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • Coloured gemstones (rubies, emeralds, sapphires)
  • Gold (14K/18K/24K)
  • Platinum
  • Polished diamonds (natural & lab-grown)

Depends on the price of

  • Gold
  • silver

Sells to

  • Helzberg Diamonds · Branded fine jewellery (B2B supply)
  • JCPenney · Branded fine jewellery (B2B supply)
  • Kohl's · Branded fine jewellery (B2B supply)
  • Macy's · Branded fine jewellery (B2B supply)
  • Signet Jewelers · Licensed fine jewellery incl. NFL True Fans collection (B2B)
  • Walmart · Branded/licensed fine jewellery (B2B supply)

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Consumer Durables
Industry
Gems, Jewellery And Watches
Classification
Consumer Durables › Gems, Jewellery And Watches
ISIN
INE722H01024

Plants

  • Renaissance Retail Venture – MIDC Andheri · Mumbai, Maharashtra
  • SEEPZ-SEZ Manufacturing Complex (6 units) · Mumbai (Andheri East), Maharashtra
  • Verigold Jewellery DMCC · Dubai, UAE

News impact

Big market events that reach Renaissance Global Limited, and how the effect spreads.

Who it hits first

  • A tax holiday on rough diamonds lets overseas miners sell roughs directly inside India without triggering a permanent-establishment tax exposure
  • Indian cutters and polishers can source rough stones locally instead of routing through Antwerp or Dubai, shortening the supply chain
  • The trade expects the measure to add $3-5 billion to India's diamond exports
  • The benefit lands on cutting, polishing, certification and export throughput rather than on domestic retail jewellery demand

Who may gain

  • International Gemmological Institute - paid per stone certified, so it earns on throughput regardless of which exporter wins the business
  • Goldiam International - diamond-jewellery exporter that sources rough and polished stones for US retail customers
  • Renaissance Global - diamond-jewellery exporter on the same channel, though on much weaker fundamentals
  • Titan - largest domestic buyer of polished diamonds, which benefits from deeper local supply on its studded range
  • Surat's cutting and polishing cluster and the broader gems-and-jewellery export base

Along the supply chain

Downstream

Downstream are the polished-diamond buyers: export jewellery houses shipping to the United States and the Gulf, and domestic retail chains such as Tanishq that set studded jewellery. Deeper local polished supply improves their sourcing cost and shortens their inventory cycle. Grading and certification labs sit in the middle and are paid per stone, so they capture the throughput increase most directly.

Upstream

The upstream is the global rough-diamond miners - De Beers, Alrosa and others - who previously could not sell into India without a tax exposure and therefore sold through foreign trading hubs. The tax holiday brings them to Indian auction floors directly, which removes an intermediary layer of margin and financing cost from the chain.

Where demand moves

Business

Rough stones that used to be traded in Antwerp and Dubai before reaching India can now be sold here directly. That pulls physical rough-diamond volume into the Surat cutting cluster, which creates work for cutters, polishers, grading labs and the exporters who ship the finished goods. The demand is created at the throughput layer - more stones passing through Indian hands - rather than at the consumer layer, so it shows up as volume and working-capital efficiency for exporters and as fee volume for certification labs.

Capital

Capital rotates within gems and jewellery towards export-facing and services names - certification, polishing and export houses - and away from purely domestic retail jewellery, which gets no benefit from this measure and is separately hurt by the same day's gold spike. The amounts involved are modest, so this is a rotation inside the sector rather than an inflow from outside it.

How it spreads across sectors

Consumer Durables

Diamond-jewellery exporters get cheaper and faster local rough sourcing, cutting working-capital days

Services

Grading and certification labs capture the throughput increase per stone

When it plays out

Immediate

Announcement effect only - the trade welcomes the notification, but no rough has changed hands under the new regime yet

Medium term

If miners do shift volume, Surat's throughput and India's polished-diamond export numbers rise over the following two to four quarters, showing up first in certification volumes and then in exporter revenue

Short term

Watch whether major miners actually schedule Indian sales or auctions under the new rules; without that the $3-5 billion projection stays theoretical

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

19 Jul 2022unspecified₹3
19 Jul 2022split₹0
17 Feb 2022interim₹5.5
22 Mar 2021interim₹4.5
22 Mar 2016interim₹2
14 Sep 2015unspecified₹1
2 Sep 2014unspecified₹1
20 Aug 2013unspecified₹1

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
27 Aug 2026JUNOMONETA FINSOL PRIVATE LIMITEDSELL7,13,101₹139.90
27 Aug 2026JUNOMONETA FINSOL PRIVATE LIMITEDBUY7,11,986₹139.77
27 Aug 2026QE SECURITIES LLPBUY6,71,275₹138.93
27 Aug 2026QE SECURITIES LLPSELL6,35,336₹141.33
26 Aug 2026MICROCURVES TRADING PRIVATE LIMITEDBUY29,17,206₹149.33
26 Aug 2026MICROCURVES TRADING PRIVATE LIMITEDSELL29,17,206₹149.43
26 Aug 2026NK SECURITIES RESEARCH PRIVATE LIMITEDSELL17,02,359₹148.56
26 Aug 2026NK SECURITIES RESEARCH PRIVATE LIMITEDBUY17,02,359₹148.47
26 Aug 2026JUNOMONETA FINSOL PRIVATE LIMITEDSELL15,00,216₹148.86
26 Aug 2026JUNOMONETA FINSOL PRIVATE LIMITEDBUY14,89,966₹148.66

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.