Renaissance Global Limited (RGL) AI Stock Analysis

• Market Cap: ₹11.63B
• Dividend Yield: N/A
• Average Volume (3M): 37.72K
• Price to Earnings (P/E): 15.0
• Beta (1Y): 1.44
• Revenue Growth: 12.34%
• EPS Growth: -6.61%
• Country: IN
• Employees: 719
• Sector: Financial
• Sector Strength: 70
• Industry: Luxury Goods
• EPS (TTM): 1.80
• Shares Outstanding: 107,325,470
• 10 Day Avg. Volume: 19,038
• 30 Day Avg. Volume: 37,718
• PEG Ratio: 13.67
• Price to Book (P/B): 0.89
• Price to Sales (P/S): 0.59
• P/FCF Ratio: -16.70
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 55 Neutral
• Price Target: ₹110.00 ▼(-17.04% Downside)

Renaissance Global Limited's overall stock score is driven by stable financial performance but hindered by technical weaknesses and moderate valuation. The lack of dividend yield and bearish market indicators further weigh on the stock's attractiveness. Improving revenue streams and cash flow conversion are critical for enhancing its financial health and market position.

Positive Factors

Balance Sheet Strength

A 59.5% equity ratio signals a durable capital base that reduces bankruptcy risk and reliance on external lenders. This financial strength supports funding for working capital, capacity upgrades and cushions revenue volatility common in textile cycles, sustaining operations through downturns.

Revenue Growth Trajectory

A ~12% revenue growth metric reflects underlying demand expansion or greater order volumes, supporting longer-term scale benefits. Sustained top-line growth improves bargaining power with suppliers and customers, enabling investment in higher-value product mix and steady manufacturing utilization.

Gross Margin Sustainability

A near-25% gross margin and stable operating margins indicate structural manufacturing efficiency and some pricing power in home textiles. Durable margins help absorb raw-material swings, fund product development and preserve competitiveness versus lower-margin peers over multiple quarters.

Negative Factors

Free Cash Flow Weakness

Negative free cash flow and an operating cash flow to net income shortfall show earnings are not converting to cash. This structural cash conversion issue raises liquidity risk, increases dependence on financing for capex and working capital, and constrains sustainable reinvestment.

Moderate Leverage

A 0.47 debt/equity ratio is moderate but meaningful for a manufacturing exporter; interest and principal service can pressure margins during demand slumps. Moderate leverage reduces financial flexibility for strategic investments and raises refinancing risk if cash flows weaken.

Low Net Profitability

A 3.7% net margin and declining margin trend limit retained earnings and capacity to fund growth internally. Combined with revenue volatility, low profitability constrains ability to build reserves, invest in higher-margin product development, and deliver sustained shareholder returns over coming quarters.

Renaissance Global Limited Business Overview & Revenue Model

Company Description

Renaissance Global Limited (RGL) is a leading player in the global jewelry sector, primarily engaged in the design, manufacturing, and distribution of a diverse range of jewelry products. The company operates in various segments, including diamond jewelry, gold jewelry, and silver jewelry, catering to both retail and wholesale markets. RGL's core offerings encompass high-quality, fashionable jewelry pieces that appeal to a wide audience, leveraging innovative designs and craftsmanship to enhance consumer appeal.

How the Company Makes Money

Renaissance Global Limited generates revenue through multiple streams, primarily from the sale of its jewelry products in both domestic and international markets. The company operates on a B2B model, supplying jewelry to various retailers and distributors, which forms a significant part of its revenue. Additionally, RGL has established partnerships with leading brands and retailers, enabling it to expand its market reach and enhance its sales volume. The company also benefits from direct-to-consumer sales through its online platforms, which have become increasingly important amid changing shopping behaviors. Furthermore, RGL's strategic sourcing of raw materials and efficient manufacturing processes allow it to maintain competitive pricing and healthy profit margins.

Renaissance Global Limited Financial Statement Overview

Summary

Renaissance Global Limited demonstrates a stable financial foundation with moderate profitability and operational efficiency. However, revenue and free cash flow difficulties pose challenges to growth and liquidity. The company needs to focus on revitalizing revenue streams and improving cash flow conversion to enhance financial health.

Income Statement

Renaissance Global Limited has shown stable gross and net profit margins, though both have slightly declined in recent years. The gross profit margin for the latest period is 24.9%, and the net profit margin is 3.7%. Revenue has shown fluctuation, with a recent decline, indicating challenges in maintaining growth momentum. EBIT and EBITDA margins are consistent with industry norms, highlighting operational efficiency amidst revenue pressures.

Balance Sheet

The company's balance sheet shows a healthy equity ratio of 59.5%, indicating a strong reliance on equity financing. However, the debt-to-equity ratio stands at 0.47, suggesting moderate leverage that could pose risks if not managed well. The return on equity (ROE) is 5.5%, reflecting moderate profitability relative to shareholder investment.

Cash Flow

The cash flow statement reveals challenges in free cash flow generation, with recent negative free cash flows indicating potential liquidity constraints. The operating cash flow to net income ratio is negative, suggesting inefficiencies in converting earnings to operating cash. Despite this, financing activities have supported liquidity, as evidenced by positive financing cash flow.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	21.66B	20.81B	21.07B	22.37B	21.88B	20.29B
Gross Profit	6.27B	5.18B	4.60B	6.30B	5.41B	3.68B
EBITDA	1.57B	1.67B	1.68B	1.78B	2.00B	1.16B
Net Income	669.25M	761.50M	723.72M	870.58M	1.06B	424.94M
Balance Sheet
Total Assets	0.00	23.40B	20.24B	19.20B	20.00B	16.45B
Cash, Cash Equivalents and Short-Term Investments	2.42B	2.42B	1.87B	2.39B	2.58B	1.97B
Total Debt	0.00	6.61B	6.55B	6.11B	7.76B	6.12B
Total Liabilities	-14.22B	9.17B	8.75B	8.93B	10.76B	8.03B
Stockholders Equity	14.22B	13.91B	11.49B	10.26B	9.24B	8.43B
Cash Flow
Free Cash Flow	0.00	-738.94M	-562.37M	1.92B	660.15M	1.10B
Operating Cash Flow	0.00	-428.09M	-409.22M	2.30B	860.90M	1.16B
Investing Cash Flow	0.00	-571.02M	-227.09M	-673.78M	-1.17B	614.59M
Financing Cash Flow	0.00	1.54B	-166.17M	-2.17B	295.98M	-776.44M

Renaissance Global Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 132.60
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RGL, the sentiment is Negative. The current price of 132.6 is above the 20-day moving average (MA) of 114.97, above the 50-day MA of 121.17, and above the 200-day MA of 121.66, indicating a bearish trend. The MACD of -4.66 indicates Positive momentum. The RSI at 35.35 is Neutral, neither overbought nor oversold. The STOCH value of 33.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:RGL.

Renaissance Global Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SMCGLOBAL	70 Outperform	₹16.13B	16.50	―	0.70%	-5.03%	-54.73%
5PAISA	68 Neutral	₹10.79B	24.87	―	―	-25.11%	-24.87%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
WEALTH	66 Neutral	₹8.97B	25.89	―	1.69%	―	―
RGL	55 Neutral	₹11.63B	14.99	―	―	12.34%	-6.61%
PNBGILTS	55 Neutral	₹14.22B	5.84	―	1.25%	-10.05%	-18.64%
CENTRUM	39 Underperform	₹11.27B	-7.86	―	―	47.88%	11.61%