RGLConsumer Discretionary

Renaissance Global Limited

Gems, Jewellery And Watches · ISIN INE722H01024 · BSE 532923 · NSE EQ · FV ₹2
Last price
₹156
+4.68%today
What this company does

Renaissance Global Limited operates in Gems, Jewellery And Watches, part of the Consumer Discretionary sector. It booked ₹780 cr of revenue in its latest quarter (Q1 FY27) and kept 3.3% of sales as profit.

In the report:
61out of 100
Equitytale Health Score
Mixed

Healthier than 61% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 63–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
64

At close. Not part of the score.

Profitability & returns47

How much profit it earns on the money it employs

Balance sheet55

How much it owes, and whether earnings cover the interest

Cash quality46

Whether reported profit actually arrives as cash

Growth & consistency62

Whether sales and profit have grown, and how steadily

Valuation84

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 47% vs last year
Profit up 298% vs last year
Promoters hold 62%
No promoter shares pledged
Watch-outs
! Thin 3.3% net margin
! Low 6.7% return on equity
! Operating cash flow is negative

What if I invest in RGL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹156 +4.68%
latest close · 2026-09-17
52-wk low ₹10842 sessions so far52-wk high ₹163
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio16.5Average
LowAverageHigh
P/B ratio1.11Moderate
Below bookModerateHigh
EV / EBITDA10.6Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity6.7%Weak
WeakFairStrong ▸15%
Return on capital9.5%Fair
WeakFairStrong
Net margin3.3%Thin
ThinDecentStrong
EBITDA margin6.4%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.32Comfortable
LowModerateHigh ▸1
Interest cover3.6×Okay
RiskyOkayStrong ▸5×
Current ratio3.01Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹1,680 cr
Book value
₹141
EPS
₹2.37
latest quarter
Net debt
₹432 cr
owes more than its cash
Enterprise value
₹2,112 cr
EBITDA
₹199 cr
annualised
EBIT
₹165 cr
annualised
Operating margin
5.3%
Return on assets
4.2%
Earnings yield
6.06%
P/S
0.54
Sales / share
₹290.8
Tax rate
13.7%
Face value
₹2
Shares
10.7 cr
Working capital
₹1,351 cr
Current assets
₹2,024 cr
Current liabilities
₹673 cr
Delivery %
29.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Priced about rightMedium confidence
Median of 3 models ₹148 vs market price ₹156 — price is 5% above it
Safety cushion-5.5%(target ≥ +20%)
Models span ₹57₹159, midpoint ₹148
Model ₹148
Price ₹156
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹780 cr
Other Income₹9 cr
Total Income₹789 cr
Cost of Materials₹133 cr
Purchases of Stock-in-Trade₹435 cr
Inventory Change (±)₹39 cr
Employee Benefit Expense₹26 cr
Finance Costs₹12 cr
Depreciation & Amortisation₹8 cr
Other Expenses₹107 cr
Total Expenses₹760 cr
Profit before Tax₹30 cr
Tax Expense₹4 cr
Net Profit₹26 cr
Net margin on total income3.2%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹606 cr76.8%
Employee benefit expense₹26 cr3.3%
Finance costs₹12 cr1.5%
Depreciation & amortisation₹8 cr1.1%
Other expenses₹107 cr13.6%
Tax expense₹4 cr0.5%
Profit for the period₹26 cr3.2%
Total income ₹789 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue963 cr773 cr780 cr
Total income965 cr773 cr789 cr
Expenses923 cr736 cr760 cr
Profit before tax42 cr37 cr30 cr
Tax9 cr6 cr4 cr
Net profit (owners' share)32 cr32 cr25 cr
Net margin (owners' share, on revenue)3.3%4.2%3.3%
EPS (₹)2.993.012.37
YoY (latest quarter): total income +47.5% · net profit +298.0%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹2,412 cr
Shareholder equity
₹1,509 cr
parent shareholders
Total debt
₹490 cr
Cash
₹58 cr
Cash flow · H1 FY26
Operating
₹-82 cr
Investing
₹7 cr
Financing
₹17 cr
Peer comparison
Gems, Jewellery And Watches · by market value
CompanyPriceMarket capP/E
Titan Company Limited₹4,841₹4.30 L cr60.4
Kalyan Jewellers India Limited₹581₹60,049 cr43.0
Thangamayil Jewellery Limited₹4,811₹14,953 cr43.9
Lalithaa Jewellery Mart Limited₹290₹14,519 cr17.5
BlueStone Jewellery and Lifestyle Limited₹831₹12,667 cr451.7
SKY GOLD AND DIAMONDS LIMITED₹793₹12,286 cr29.7
PC Jeweller Limited₹12₹11,992 cr13.4
P N Gadgil Jewellers Limited₹601₹8,158 cr19.4
Ethos Limited₹2,651₹7,093 cr63.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹3
ex 19 Jul 2022
ActionDetailEx-date
Stock splitStock Split From Rs.10/- to Rs.2/-19 Jul 2022
Dividend₹3 / share19 Jul 2022
Dividend₹5.5 / share17 Feb 2022
Dividend₹4.5 / share22 Mar 2021
BuybackBuy Back of Shares9 Jun 2017
Dividend₹2 / share22 Mar 2016
Who owns it · 2026-06-30
No pledge
Promoter
62.0%
FII / Foreign
4.2%
DII / Domestic
0.1%
Retail / others
33.8%
Promoter stake down 7.6% over the last 12 quarters.
Smart-money activity
Insider trades
SoldSumit Shah · Promoters1.85 L · ₹2.4 cr19 Nov 25
BoughtNiranjan Amritlal Shah · Promoters18,480 · ₹22.1 L16 Sep 25
BoughtNiranjan Amritlal Shah · Promoters10,865 · ₹13.0 L15 Sep 25
Bulk / block deals
BoughtQE SECURITIES LLP · NSE6.71 L @ ₹138.9327 Aug 26
SoldQE SECURITIES LLP · NSE6.35 L @ ₹141.3327 Aug 26
SoldJUNOMONETA FINSOL PRIVATE LIMITED · NSE7.13 L @ ₹139.927 Aug 26
Stake changes
BoughtSumit Shah · promoter→ 1.24% · 2.56 L11 Jun 26
BoughtSumit Shah · promoter→ 1.00% · 41,87410 Jun 26
SoldSumit Niranjankumar Shah · promoter→ 0.96% · 1.85 L20 Nov 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 18 Sep 2025
See the official result
1
To receive, consider and adopt the Audited Financial Statements (including the consolidated financial statements) of the Company for the financial year ended March 31, 2025 together with the Reports of the Board of Directors and the Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
48.73 L votes for, 2,865 against · 0% of mutual funds and other big investors said no
2
To appoint a director in place of Mr. Sumit Shah (DIN:00036387), who retires by rotation at this Annual General Meeting and being eligible offers himself for re-appointment.
Backed by 100% of shareholders other than promotersneeded 50%
48.73 L votes for, 3,065 against · 0% of mutual funds and other big investors said no
3
To appoint M/s V. V. Chakradeo & Co., a firm of Practicing Company Secretaries as Secretarial Auditor of the Company.
Backed by 100% of shareholders other than promotersneeded 50%
48.73 L votes for, 3,065 against · 0% of mutual funds and other big investors said no
4
To pay remuneration to Mr Hitesh Shah (DIN:00036338) a Non-Independent and Non- Executive Director (promoter), of the Company.
Backed by 100% of shareholders other than promotersneeded 75%
48.73 L votes for, 3,065 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 22 named members
owning 62.0% between them · as of 2026-06-30
Anived Family Trust (Sumit Niranjankumar Shah )19.81%
Kothari Descendents Private Trust (Niranjan Amratlal Shah)12.17%
Niranjan Family Private Trust (Sumit Niranjankumar Shah)12.02%
Vishal Dhiren Shah3.35%
Hitesh Mahendra Shah3.12%
Bhupen Chandrakant Shah2.50%
Seema Atul Shah1.56%
Pinky Dhiren Shah1.48%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹163 cr raised in Dec 2024 by selling shares to selected investors

As of Jun 2025, the company says it has spent 99% of what it set aside, leaving ₹2 cr still to be spent. CRISIL RATINGS LIMITED watches the spending on the exchange’s behalf.

To invest in business growth opportunities of the Company i.e. Acquisitions/Joint Ventures (JVs) directly or through a subsidiary, Funding of Capital Expenditure (Capex) for purchase of plant and machinery, equipment’s, manufacturing units, building, land, premises etc. and Refurbishment and Renovation of Company Assets.
originally ₹25 cr
budget changed
100%
₹27 cr of ₹27 cr
To invest in following subsidiaries of the Company: Verigold Jewellery FZCO, Renaissance Jewelry New York Inc., RD2C Ventures Inc., Renaissance FMI Inc.
98%
₹88 cr of ₹90 cr
und Raising Expenses such as professional fees payable to Advisors/ Merchant Bankers, Credit Rating Agency and other intermediaries.
100%
₹15 cr of ₹15 cr
Meet general corporate purposes of the Company and /or its subsidiaries
100%
₹33 cr of ₹33 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.