Rolex Rings Limited

NSEI:ROLEXRINGS Stock Report

Market Cap: ₹54.7b

Rolex Rings Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Manesh Madeka

Chief executive officer

₹11.4m

Total compensation

CEO salary percentage100.0%
CEO tenure3.8yrs
CEO ownership11.2%
Management average tenure9.5yrs
Board average tenure3.8yrs

Recent management updates

This Is Why We Think Rolex Rings Limited's (NSE:ROLEXRINGS) CEO Might Get A Pay Rise Approved By Shareholders

Aug 30
This Is Why We Think Rolex Rings Limited's (NSE:ROLEXRINGS) CEO Might Get A Pay Rise Approved By Shareholders

Recent updates

Investors Interested In Rolex Rings Limited's (NSE:ROLEXRINGS) Earnings

Sep 28
Investors Interested In Rolex Rings Limited's (NSE:ROLEXRINGS) Earnings

This Is Why We Think Rolex Rings Limited's (NSE:ROLEXRINGS) CEO Might Get A Pay Rise Approved By Shareholders

Aug 30
This Is Why We Think Rolex Rings Limited's (NSE:ROLEXRINGS) CEO Might Get A Pay Rise Approved By Shareholders

Investors Could Be Concerned With Rolex Rings' (NSE:ROLEXRINGS) Returns On Capital

Aug 10
Investors Could Be Concerned With Rolex Rings' (NSE:ROLEXRINGS) Returns On Capital

Here's Why Rolex Rings (NSE:ROLEXRINGS) Can Manage Its Debt Responsibly

Jul 20
Here's Why Rolex Rings (NSE:ROLEXRINGS) Can Manage Its Debt Responsibly

Rolex Rings' (NSE:ROLEXRINGS) Soft Earnings Are Actually Better Than They Appear

May 27
Rolex Rings' (NSE:ROLEXRINGS) Soft Earnings Are Actually Better Than They Appear

Rolex Rings Limited (NSE:ROLEXRINGS) Stocks Shoot Up 37% But Its P/E Still Looks Reasonable

May 22
Rolex Rings Limited (NSE:ROLEXRINGS) Stocks Shoot Up 37% But Its P/E Still Looks Reasonable

Capital Allocation Trends At Rolex Rings (NSE:ROLEXRINGS) Aren't Ideal

Mar 14
Capital Allocation Trends At Rolex Rings (NSE:ROLEXRINGS) Aren't Ideal

Rolex Rings (NSE:ROLEXRINGS) Is Reinvesting At Lower Rates Of Return

Dec 05
Rolex Rings (NSE:ROLEXRINGS) Is Reinvesting At Lower Rates Of Return

Is Now The Time To Put Rolex Rings (NSE:ROLEXRINGS) On Your Watchlist?

Oct 28
Is Now The Time To Put Rolex Rings (NSE:ROLEXRINGS) On Your Watchlist?

Is Now The Time To Put Rolex Rings (NSE:ROLEXRINGS) On Your Watchlist?

Apr 04
Is Now The Time To Put Rolex Rings (NSE:ROLEXRINGS) On Your Watchlist?

Rolex Rings' (NSE:ROLEXRINGS) Returns On Capital Not Reflecting Well On The Business

Feb 17
Rolex Rings' (NSE:ROLEXRINGS) Returns On Capital Not Reflecting Well On The Business

There Are Reasons To Feel Uneasy About Rolex Rings' (NSE:ROLEXRINGS) Returns On Capital

Sep 14
There Are Reasons To Feel Uneasy About Rolex Rings' (NSE:ROLEXRINGS) Returns On Capital

Rolex Rings Limited's (NSE:ROLEXRINGS) Business Is Trailing The Market But Its Shares Aren't

Apr 03
Rolex Rings Limited's (NSE:ROLEXRINGS) Business Is Trailing The Market But Its Shares Aren't

We Think That There Are Issues Underlying Rolex Rings' (NSE:ROLEXRINGS) Earnings

Nov 10
We Think That There Are Issues Underlying Rolex Rings' (NSE:ROLEXRINGS) Earnings

CEO Compensation Analysis

How has Manesh Madeka's remuneration changed compared to Rolex Rings's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹2b

Jun 30 2024n/an/a

₹2b

Mar 31 2024₹11m₹11m

₹2b

Dec 31 2023n/an/a

₹2b

Sep 30 2023n/an/a

₹2b

Jun 30 2023n/an/a

₹2b

Mar 31 2023₹10m₹10m

₹2b

Dec 31 2022n/an/a

₹2b

Sep 30 2022n/an/a

₹2b

Jun 30 2022n/an/a

₹2b

Mar 31 2022₹10m₹10m

₹1b

Dec 31 2021n/an/a

₹1b

Sep 30 2021n/an/a

₹1b

Jun 30 2021n/an/a

₹1b

Mar 31 2021₹10m₹10m

₹870m

Mar 31 2020₹1m₹1m

₹529m

Compensation vs Market: Manesh's total compensation ($USD133.94K) is below average for companies of similar size in the Indian market ($USD353.34K).

Compensation vs Earnings: Manesh's compensation has been consistent with company performance over the past year.


CEO

Manesh Madeka (66 yo)

3.8yrs

Tenure

₹11,400,000

Compensation

Mr. Manesh Dayashankar Madeka is Chairman & MD of Rolex Rings Limited. He has many years of work experience in marketing, production and finance. He serves as a Director of Rolex Rings Limited since March...


Leadership Team

NamePositionTenureCompensationOwnership
Manesh Madeka
Chairman & MDno data₹11.40m11.17%
₹ 6.1b
Hiren Doshi
Chief Financial Officer3.8yrs₹479.00kno data
Hardik Gandhi
Company Secretary & Compliance Officer9.5yrs₹63.00kno data
Bhautik Madeka
Whole Time Director21.8yrs₹9.09m8.69%
₹ 4.8b
Mihir Madeka
Whole Time Directorno data₹7.50m1.64%
₹ 898.3m

9.5yrs

Average Tenure

Experienced Management: ROLEXRINGS's management team is seasoned and experienced (9.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Manesh Madeka
Chairman & MD3.8yrs₹11.40m11.17%
₹ 6.1b
Bhautik Madeka
Whole Time Director21.8yrs₹9.09m8.69%
₹ 4.8b
Mihir Madeka
Whole Time Directorno data₹7.50m1.64%
₹ 898.3m
Pravinchandra Dholakia
Independent Director3.8yrs₹90.00kno data
Jignasa Mehta
Independent Director3.8yrs₹100.00kno data
Ashit Vankani
Independent Director3.8yrs₹40.00kno data

3.8yrs

Average Tenure

62.5yo

Average Age

Experienced Board: ROLEXRINGS's board of directors are considered experienced (3.8 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 07:42
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Rolex Rings Limited is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ashutosh TiwariEquirus Securities Private Limited
Ronak JainEquirus Securities Private Limited
Kameswari V. S. ChavaliFirstCall Research