Royal India Corporation downgraded to strong sell
after close1 source ↓written by the desknot a recommendation
- ROCE improvement
- 56.82%
- negative EBITDA
- ₹0.09 cr
Royal India Corporation Ltd has been downgraded to strong sell amid concerns over its weak long-term fundamentals and profitability metrics. The company reported a CAGR of -6.89% in operating profits over five years, with a Debt to EBITDA ratio of 7.96 indicating high leverage risk. Despite a recent ROCE improvement to 56.82%, the overall outlook remains bleak due to persistent negative EBITDA of ₹0.09 cr.
Not investment advice. For informational purposes only.