General information about company |
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| Scrip Code | 532923 | ||
| NSE Symbol | RGL | ||
| MSEI Symbol | NOTLISTED | ||
| ISIN | INE722H01024 | ||
| Name of company | Renaissance Global Limited | ||
| Type of company | Main Board | ||
| Class of security | Equity | ||
| Date of start of financial year | 01-Apr-2025 | ||
| Date of end of financial year | 31-Mar-2026 | ||
| Date of board meeting when results were approved | 12-Aug-2025 | ||
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 07-Aug-2025 | ||
| Description of presentation currency | INR (in Actuals) | ||
| Reporting Type | Quarterly | ||
| Reporting Quarter | First quarter | ||
| Nature of report standalone or consolidated | Standalone | ||
| Whether results are audited or unaudited for the quarter ended | Unaudited | ||
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |||
| Segment Reporting | Single segment | ||
| Description of single segment | Jewellery manufacturing | ||
| Start date and time of board meeting | 12-Aug-2025 16:00:00 | ||
| End date and time of board meeting | 12-Aug-2025 18:30:00 | ||
| Whether cash flow statement is applicable on company | |||
| Type of cash flow statement | |||
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable | ||
| Whether the company has any related party? | |||
| Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? | |||
| (I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public | |||
| (II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. | |||
| Whether the company is a high value debt listed entity according to regulation 15 (1A)? | |||
| (a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication? | |||
| (b) If answer to above question is No, please explain the reason for not complying. | |||
| Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? | |||
| Latest Date on which RPT policy is updated | |||
| Indicate Company website link for updated RPT policy of the Company | |||
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | Yes | ||
| No. of times funds raised during the quarter | 1 | ||
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No | ||
| Not applicable | |||
Financial Results Ind-AS |
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| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
| A | Date of start of reporting period | 01-Apr-2025 | |
| B | Date of end of reporting period | 30-Jun-2025 | |
| C | Whether results are audited or unaudited | Unaudited | |
| D | Nature of report standalone or consolidated | Standalone | |
| Part I | Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column. | ||
| 1 | Income | ||
| Revenue from operations | 2782267000 | ||
| Other income | 18400000 | ||
| Total income | 2800667000 | ||
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 1733516000 | |
| (b) | Purchases of stock-in-trade | 409926000 | |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | -26563000 | |
| (d) | Employee benefit expense | 116675000 | |
| (e) | Finance costs | 71047000 | |
| (f) | Depreciation, depletion and amortisation expense | 31355000 | |
| (f) | Other Expenses | ||
| 1 | Foreign Exchange (Gain) /Loss (net) | 11564000 | 11564000 |
| 2 | Other Expenditure | 404435000 | 404435000 |
| Total other expenses | 415999000 | ||
| Total expenses | 2751955000 | ||
| 3 | Total profit before exceptional items and tax | 48712000 | |
| 4 | Exceptional items | -119740000 | |
| 5 | Total profit before tax | -71028000 | |
| 6 | Tax expense | ||
| 7 | Current tax | 0 | |
| 8 | Deferred tax | -12017000 | |
| 9 | Total tax expenses | -12017000 | |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0 | |
| 11 | Net Profit Loss for the period from continuing operations | -59011000 | |
| 12 | Profit (loss) from discontinued operations before tax | 0 | |
| 13 | Tax expense of discontinued operations | 0 | |
| 14 | Net profit (loss) from discontinued operation after tax | 0 | |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0 | |
| 16 | Total profit (loss) for period | -59011000 | |
| 17 | Other comprehensive income net of taxes | 41097000 | |
| 18 | Total Comprehensive Income for the period | -17914000 | |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 214576000 | ||
| Face value of equity share capital | 2 | ||
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | -0.55 | ||
| Diluted earnings (loss) per share from continuing operations | -0.55 | ||
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | ||
| Diluted earnings (loss) per share from discontinued operations | 0 | ||
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | -0.55 | ||
| Diluted earnings (loss) per share from continuing and discontinued operations | -0.55 | ||
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
Disclosure of notes on financial results |
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| Textual Information(1) | Notes: n1.tThe above unaudited standalone financial results have been prepared in accordance with Applicable Indian Accounting Standard as prescribed under Section 133 of the Companies Act, 2013, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. n n2.tThe limited review as required under regulation 33 of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 has been carried out by the statutory auditor of the Company n n3.tThe above unaudited standalone financial results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on August 12, 2025. n n4.tDuring the quarter under review, the Company has closed its manufacturing unit at the Bhavnagar, Gujarat w.e.f. April 15, 2025 for rebalancing and restructuring the Company’s manufacturing capacities. The restructuring cost pertaining to the Bhavnagar unit amounting to Rs. 1197.45 Lakhs has been disclosed as an exceptional item. nDuring the quarter and year ended March 31, 2025, the Company has made provision for diminution in the value of Investment in Compulsory Fully Convertible Debentures (CCD) made in Verigold Jewellery India Pvt Ltd amounting to Rs. 1,000/- Lakhs, which has been disclosed as an exceptional item. n n5.tThe Company is engaged primarily in the business of 'Jewellery' and hence there is no separate reportable segment within the criteria defined under Indian Accounting Standard (Ind AS) -108 'Operating Segments'. n n6.tThe Standalone figures for the quarter ended March 31, 2025 are the balancing figures between audited figures in respect of full financial year 2024-25 and published year to date figures up to third quarter of 2024-25. n n7.tThe figures for the previous quarters / year have been re-group/reclassified wherever necessary. n | ||
Remarks |
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| Debt equity ratio | |
| Debt service coverage ratio | |
| Interest service coverage ratio | |
Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results |
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| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
| Date of start of reporting period | 01-Apr-2025 | ||||||
| Date of end of reporting period | 30-Jun-2025 | ||||||
| Whether accounts are audited or unaudited | Unaudited | ||||||
| Nature of report standalone or consolidated | Standalone | ||||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| Total Segment Revenue | |||||||
| Less: Inter segment revenue | |||||||
| Revenue from operations | |||||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| Total Profit before tax | |||||||
| i. Finance cost | |||||||
| ii. Other Unallocable Expenditure net off Unallocable income | |||||||
| Profit before tax | |||||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| Total Segment Asset | |||||||
| Un-allocable Assets | null | null | |||||
| Net Segment Asset | null | null | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| Total Segment Liabilities | |||||||
| Un-allocable Liabilities | null | null | |||||
| Net Segment Liabilities | null | null | |||||
| Disclosure of notes on segments | |||||||
Other Comprehensive Income |
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|---|---|---|---|
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
| A | Date of start of reporting period | 01-Apr-2025 | |
| B | Date of end of reporting period | 30-Jun-2025 | |
| C | Whether results are audited or unaudited | Unaudited | |
| D | Nature of report standalone or consolidated | Standalone | |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Re-measurement gains (losses) on defined benefit plans | 0 | 0 |
| 2 | Equity instrument through OCI | 19651000 | 19651000 |
| 3 | Mutual fund equity instrument through OCI | 286000 | 286000 |
| 4 | Income tax effect on above | -4819000 | -4819000 |
| Total Amount of items that will not be reclassified to profit and loss | 15118000 | ||
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 0 | |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Fair Value Changes on derivatives designated on cash flow hedges | 34716000 | 34716000 |
| 2 | Mutual fund debts instruments yhrough OCI | 0 | 0 |
| 3 | Income tax efforts on above | -8737000 | -8737000 |
| Total Amount of items that will be reclassified to profit and loss | 25979000 | ||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0 | |
| 5 | Total Other comprehensive income | 41097000 | |
Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1) |
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|---|---|
| Mode of Fund Raising | Preferential Issues |
| Description of mode of fund raising (Applicable in case of others is selected) | |
| Date of Raising Funds | 20-Dec-2024 |
| Amount Raised | 1634931000 |
| Report filed for Quarter ended | 30-Jun-2025 |
| Monitoring Agency | Applicable |
| Monitoring Agency Name, if applicable | CRISIL RATINGS LIMITED |
| Is there a Deviation / Variation in use of funds raised | No |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders | |
| If Yes, Date of shareholder Approval | |
| Explanation for the Deviation / Variation | NA |
| Comments of the Audit Committee after review | No. The Audit Committee has noted there was no deviation variation in the utilization of funds raised through Preferential Issue of Shares |
| Comments of the auditors, if any | NA |
| Sr. | Original Object | Modified Object, if any | Original Allocation | Modified allocation, if any | Funds Utilised | Amount of Deviation/Variation for the quarter according to applicable object | Remarks if any |
| 1 | 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. | NA | 250000000 | 266335000 | 266335000 | 0 | |
| 2 | To invest in following subsidiaries of the Company: Verigold Jewellery FZCO, Renaissance Jewelry New York Inc., RD2C Ventures Inc., Renaissance FMI Inc. | NA | 900000000 | 883665000 | 883665000 | 0 | |
| 3 | und Raising Expenses such as professional fees payable to Advisors/ Merchant Bankers, Credit Rating Agency and other intermediaries. | NA | 150000000 | 0 | 150000000 | 0 | |
| 4 | Meet general corporate purposes of the Company and /or its subsidiaries | NA | 334931000 | 0 | 334931000 | 0 |
Signatory Details |
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|---|---|
| Name of signatory | VISHAL DHOKAR |
| Designation of person | Company Secretary and Compliance Officer |
| Place | MUMBAI |
| Date | 12-Aug-2025 |