Royal India Corp (512047)
TurnaroundFairStock Score: 42/100 — MIXED
Score breakdown: P/E: 3/3 · ROCE: 0/2 · Growth: 2/2 · Dividend: 0/1
Key Financials
| Current Price | ₹47.9 |
| Market Cap | ₹534.88 Cr |
| P/E Ratio | 3.27 |
| ROCE | 0% |
| ROE | 24.9% |
| Dividend Yield | 0% |
| Profit Growth | 355.56% |
| Debt/Equity | — |
| Sales Growth | -100% |
| 52-Week Range | ₹2.82 — ₹47.9 |
| Sector | Consumer Durables |
| Book Value | ₹5.15 |
AI Analysis
AI-generated, general educational analysis — not personal investment advice.
I look at Royal India Corp through a Graham-and-Buffett lens, and the first thing I see is a contradiction. The stock trades at ₹47.90, with a market cap of ₹535 Cr, a P/E of 3.27 and a PEG of 0.01. Those numbers whisper 'cheap.' But the balance sheet says something else: P/B is 9.30, book value is only ₹5.15, so I am paying nearly nine times book for a gems, jewellery and watches business. Its latest quarter shows sales of ₹0 Cr and net profit of ₹0 Cr. Sales growth is -100%, even though the five-year revenue CAGR is 87.22%. That tells me the past growth has stalled completely, and current earnings power is uncertain. ROE of 24.90% is attractive, but ROCE of 0.00% and no debt-to-equity figure make the quality hard to confirm. Profit growth of 355.56% also needs skepticism if the latest quarter produced zero profit. The 52-week range of ₹2.82 to ₹47.90 shows the market has swung violently, and a FairStock score of 42/100 with a Piotroski F-Score of 5/9 confirms a mixed picture. There is no dividend yield and no promoter holding data. A true moat? I see none in these figures. I would treat this as a speculative turnaround, not a steady compounder. The low P/E only creates value if sales and profits return and are real. Until then, I want a margin of safety, not a lottery ticket.
The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer