---
title: "Retaggio Industries Ltd (544391) — Share Price, Financials & Analysis"
symbol: "544391"
company: "Retaggio Industries Ltd"
canonical: "https://tapetide.com/stocks/544391"
isin: "INE0KWJ01014"
nse_symbol: "RETAGGIOINDUSTRIESLTD"
bse_code: "544391"
sector: "Consumer Goods"
industry: "Jewellery & Watches"
market_cap_cr: 106.5
generated_at: "2026-09-13T19:17:06.302Z"
---

# Retaggio Industries Ltd (544391)

Canonical page: https://tapetide.com/stocks/544391

## Company

- **NSE Symbol:** RETAGGIOINDUSTRIESLTD
- **BSE Code:** 544391
- **ISIN:** INE0KWJ01014
- **Sector:** Consumer Goods
- **Industry:** Jewellery & Watches
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2025-04-07
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** retaggioindustries.com

## About

Incorporated in 2022, Retaggio Industries Limited manufactures jewelry, including necklaces, bracelets, earrings, and other decorative pieces[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:39:03.352186Z.

- **Market Cap:** ₹106.5 Cr
- **Classification:** SME
- **P/E (reported):** 11.9
- **Book Value:** ₹28.33
- **Price to Book:** 1.84
- **Dividend Yield:** 0%
- **ROE:** 11.57%
- **ROCE:** 16.78%
- **Debt to Equity:** 0.3
- **Revenue (yearly):** ₹83.98 Cr
- **Net Income:** ₹8.95 Cr
- **EBITDA:** ₹12.01 Cr
- **52-Week High:** ₹72.68
- **52-Week Low:** ₹18
- **RSI (14):** 55.26

## Key Insights

### Strengths

- Promoter holding has increased by 3.50% over last quarter.

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 215 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -89.67% | 103.11% | 120.42% |
| ebitda margin growth | -73.77% | -16.86% | -35.73% | — |
| net income growth | -74.47% | 272.92% | 43% | — |
| revenue growth | -74.51% | 257.36% | 54% | — |
| roce | — | -34.32% | -27.67% | 12.71% |
| roe | — | -36.88% | 16.71% | -42.84% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- |
| Sales | 11.46 | 2.19 | 51.44 | 13.15 |
| Expenses | 12.61 | 1.76 | 45.33 | 11.5 |
| Operating Profit | -1.15 | 0.43 | 6.11 | 1.65 |
| OPM % | -10.03 | 19.63 | 11.88 | 12.55 |
| Other Income | 0 | 0 | 0 | 0 |
| Interest | 0.27 | 0.28 | 0.58 | 0.18 |
| Depreciation | 0.02 | 0.02 | 0.02 | 0.02 |
| Profit before tax | -1.44 | 0.13 | 5.51 | 1.45 |
| Tax % | 0 | 15.38 | 15.06 | 15.17 |
| Net Profit | -1.43 | 0.11 | 4.68 | 1.23 |
| EPS in Rs | -1.53 | 0.07 | 2.58 | 0.62 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 3m | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 0 | 23.07 | 23.28 | 23.49 | 83.98 |
| Expenses | 0.01 | 18.91 | 18.05 | 19.45 | 71.96 |
| Operating Profit | -0.01 | 4.16 | 5.23 | 4.04 | 12.02 |
| OPM % | — | 18.03 | 22.47 | 17.2 | 14.31 |
| Other Income | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0.41 | 1.12 | 1.1 | 1.4 |
| Depreciation | 0 | 0.02 | 0.08 | 0.08 | 0.09 |
| Profit before tax | -0.01 | 3.73 | 4.03 | 2.86 | 10.53 |
| Tax % | 0 | 17.16 | 15.38 | 15.03 | 15 |
| Net Profit | -0.01 | 3.09 | 3.41 | 2.43 | 8.95 |
| EPS in Rs | -2 | 3.3 | 3.64 | 2.59 | 4.93 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.05 | 9.37 | 9.37 | 9.37 | 18.17 |
| Reserves | -0.01 | 5.9 | 9.23 | 11.66 | 44.57 |
| Borrowings | 0 | 10.89 | 11.41 | 11.8 | 18.96 |
| Other Liabilities | 0.01 | 1.21 | 3.45 | 5.71 | 6.84 |
| Total Liabilities | 0.05 | 27.37 | 33.46 | 38.54 | 88.54 |
| Fixed Assets | 0 | 0.7 | 2.32 | 2.3 | 2.27 |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 0.05 | 26.67 | 31.14 | 36.24 | 86.27 |
| Total Assets | 0.05 | 27.37 | 33.46 | 38.54 | 88.54 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.05 | -21.89 | 6.58 | 0.68 | -25.24 |
| Cash from Investing Activity | 0 | -0.72 | -4.89 | -0.06 | -0.06 |
| Cash from Financing Activity | 0.05 | 22.61 | -1.16 | -1.14 | 25.3 |
| Net Cash Flow | 0 | 0 | 0.53 | -0.52 | 0 |
| Free Cash Flow | -0.05 | -22.61 | 4.89 | 0.62 | -25.3 |
| CFO/OP | 500 | -526 | 125 | 17 | -210 |

### Ratios

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | — | 240.8 | 63.66 | 233.54 | 214.58 |
| Inventory Days | — | 163.57 | 413.37 | 364.12 | 89.88 |
| Days Payable | — | 5.07 | 4.69 | 50.16 | 22.25 |
| Cash Conversion Cycle | — | 399.29 | 472.34 | 547.5 | 282.2 |
| Working Capital Days | — | 271.34 | 218.25 | 281.25 | 278.68 |
| ROCE % | — | 31.6 | 18.34 | 12.6 | 20.83 |

## Shareholding Pattern

### Quarterly

| Category | Dec 2023 | Mar 2025 | Sep 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 99.99% | 99.99% | 60.18% | 51.56% | 55.06% |
| FIIs | 0% | 0% | 1.39% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% |
| Public | 0% | 0.01% | 21.4% | 19.95% | 18.3% |
| Others | 0.01% | 0% | 17.04% | 28.49% | 26.65% |
| No. of Shareholders | 8 | 8 | 224 | 190 | 193 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 11 / 5 / 3

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 48.16 | Buy |
| EMA (10) | 49.38 | Buy |
| SMA (20) | 48.79 | Buy |
| EMA (20) | 49.38 | Buy |
| SMA (50) | 53.74 | Sell |
| EMA (50) | 50.64 | Buy |
| SMA (100) | 50.1 | Buy |
| EMA (100) | 48.41 | Buy |
| SMA (200) | 39.11 | Buy |
| EMA (200) | 38.59 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 55.26 | Neutral |
| MACD (12,26,9) | -0.51 | Buy |
| Stochastic (14,3,3) | 65.23 | Neutral |
| ADX (14) | 15.18 | Neutral |
| Williams %R (14) | -31.43 | Neutral |
| ATR (14) | 1.85 | High Volatility |
| ROC (12) | 2.06 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 74.23 | Sell |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a3c647ac-72dd-482e-8725-74f059c7fdae.pdf) |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=db8c8e54-a9fe-473d-ad69-a2c58d10ed20.pdf) |
| 2026-09-08 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=058454db-989e-4b1f-a2c8-170000142a1d.pdf) |
| 2026-09-08 | [Intimation Of Notice For 05Th Annual General Meeting To Be Held On 30Th September 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3e60a766-2965-4d40-a059-d7797f649a27.pdf) |
| 2026-09-08 | [Intimation For Fixation Of Book Closure For 05Th Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9bc903e0-4f72-4e8a-b606-01b61002cddb.pdf) |
| 2026-09-08 | [Intimation For Dispatch Of Letter To Shareholders Containing The Weblink Of Annual Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3235f344-939b-4cda-9413-115a892f3a08.pdf) |
| 2026-08-26 | [Board Meeting Outcome for Board Meeting Outcome For The Meeting Held On 26Th August 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5b461f33-d2d3-4309-9bdc-4e246ed9862b.pdf) |
| 2026-08-26 | [Announcement Under Regulation 30 Of SEBI (LODR) Regulations 2015- Resignation Of Secretarial Auditor Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cec232ad-458f-4625-9d7e-94ec4a15ad0c.pdf) |
| 2026-08-17 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e3ab7568-2fc4-4a6c-af36-f90954bc519c.pdf) |
| 2026-08-14 | [Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=18DFBF62_EECD_4370_9119_9D429325B412_162722.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Un-Audited Results For The Q1 Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=67f6f69b-0c14-4b2d-94c1-79c1920f9105.pdf) |
| 2026-07-24 | [Half Yearly Results For The Half Year And Financial Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ff4ae039-876d-4882-9a70-dd46441937db.pdf) |
| 2026-05-15 | [Results For The Q4 Anf Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8b5affa3-7702-4e32-9d3c-f6c9a1717cac.pdf) |
| 2025-11-08 | [Results For First Half Year Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f345b7e3-d569-4561-acb1-8cda93026f4b.pdf) |
| 2025-05-30 | [Financial Results For Financial Year Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9b281af7-e001-4f78-b934-48eec9f7a07d.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Feb - Sarda Energy posted Q3 FY26 conference-call audio link for 9 Feb 2026 results. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 9 Feb - Sarda Energy posted Q3 FY26 conference-call audio link for 9 Feb 2026 results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/50d6d8fe-f295-412e-afc1-0ef17d435297.pdf) |
| 9 Apr - Retaggio Ventures LLP converted 2.70 lakh warrants into equity shares on 7 April 2026. | [Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations, 2015 9 Apr - Retaggio Ventures LLP converted 2.70 lakh warrants into equity shares on 7 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e0247702-d5dd-4707-9bb9-6ea39876d234.pdf) |
| 7 Feb - Q3 FY26 release: 9M PAT Rs954 Cr (+59%), Revenue Rs4,669 Cr (+32%), EBITDA Rs1,672 Cr (+53%); two PPAs signed. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 7 Feb - Q3 FY26 release: 9M PAT Rs954 Cr (+59%), Revenue Rs4,669 Cr (+32%), EBITDA Rs1,672 Cr (+53%); two PPAs signed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a252553a-a96c-4b2e-a4b2-fb6889611765.pdf) |
| 7 Apr - Board allotted 2,70,000 equity shares on 7 Apr 2026, raising paid-up capital to Rs. 18.44 crore. | [Announcement under Regulation 30 (LODR)-Allotment 7 Apr - Board allotted 2,70,000 equity shares on 7 Apr 2026, raising paid-up capital to Rs. 18.44 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bd602627-c7db-4524-8c88-650a66d77d84.pdf) |
| 6 May - Newspaper Intimation for the Postal Ballot Notice | [Announcement under Regulation 30 (LODR)-Newspaper Publication 6 May - Newspaper Intimation for the Postal Ballot Notice](https://www.bseindia.com/xml-data/corpfiling/AttachLive/0a25e06b-2e6c-48b7-82cb-bab768211363.pdf) |
| 5 Mar - Allotted 1,600,000 shares to Urja Ships on 05-Mar-2026; Rs.19.5/share received (₹3.12 crore); paid-up capital ₹17,16,61,600. | [Announcement under Regulation 30 (LODR)-Allotment 5 Mar - Allotted 1,600,000 shares to Urja Ships on 05-Mar-2026; Rs.19.5/share received (₹3.12 crore); paid-up capital ₹17,16,61,600.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3b81e08d-79b4-4ea4-8d84-520c00d63b09.pdf) |
| 5 Mar - Allotted 1,600,000 shares to Urja Ships on 05-Mar-2026 at Rs26; 75% paid Rs3.12cr. | [Board Meeting Outcome for Meeting Held On 05Th March, 2026 5 Mar - Allotted 1,600,000 shares to Urja Ships on 05-Mar-2026 at Rs26; 75% paid Rs3.12cr.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/ea90c006-45d2-4976-91a6-cc0d1e70842f.pdf) |
| 30 Mar - Board appointed Vinaykumar Kadedeen Yadav as Internal Auditor for FY 2025-26 on 30 Mar 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 30 Mar - Board appointed Vinaykumar Kadedeen Yadav as Internal Auditor for FY 2025-26 on 30 Mar 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/516ae147-a48b-4288-88a5-48335fac1c64.pdf) |
| 30 Mar - Appointed Vinaykumar Kadedeen Yadav as Internal Auditor for FY 2025-26 (Board meeting 30 Mar 2026). | [Announcement under Regulation 30 (LODR)-Change in Management 30 Mar - Appointed Vinaykumar Kadedeen Yadav as Internal Auditor for FY 2025-26 (Board meeting 30 Mar 2026).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/69beea49-689d-4f6c-b293-71305102db95.pdf) |
| 30 Mar - Appointed Mr. Vinaykumar Kadedeen Yadav as Internal Auditor for FY 2025-26. | [Board Meeting Outcome for Meeting Held On 30Th March, 2026 30 Mar - Appointed Mr. Vinaykumar Kadedeen Yadav as Internal Auditor for FY 2025-26.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/49356f70-014f-492c-8e9a-5f2e60876d29.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2017 | [Concall - Oct 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/10/0eac29d9-1f4d-4f72-83a1-096b2f6b109c.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/60bc044d-57dd-4acc-a932-614297b09620.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e9209cda-a205-40a1-9c94-1184e85e5480.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a21eb927-da29-4499-bb8e-2ec93bfdb208.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a706dc17-0f0b-41cc-93af-fe9df4eee6f1.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ab1a0145-5be7-4b9d-9b0e-5456a2c89963.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1f7ba986-64d6-4b2d-9a63-9b49aafcb18b.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1ec8f0ad-3d97-481a-ac1d-dbbb94a51a40.pdf) |
| Nov 2018 | [Concall - Nov 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/11/654b3224-914a-4f6b-b65a-844684e0f7b2.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/529e49b0-c874-49d0-b5ff-8748f4defae1.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/92aeeef7-43fc-4032-8642-98d2d4024353.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/80743f36-fa94-4935-8656-4c0fcc36a4cf.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/183aefc2-407c-4be2-a90d-26d8d80fbfdf.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bf414b44-807f-4f00-8719-afbace39b12e.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/504614/75656504614.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/504614/70204504614.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/504614/65336504614.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/504614/5046140319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/504614/5046140318.pdf) |
| from bse | [Financial Year 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/504614/5046140317.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:17:06.302Z.