Reliance Cotton Spinning Mills Limited (RCML) financial ratios

Reliance Cotton Spinning Mills Limited earned a net margin of 16.4% in FY2025 against a five-year average of 16.3% (Textile Spinning median 1.0%). Return on equity was 22.9%, compared with a sector median of 1.0%. The current ratio stood at 1.34× and debt was 46.3% of equity. Cash took about 185 days to cycle through receivables, inventory and payables.

FY2025 vs the Textile Spinning median

Gross margin: 12.3%; Sector median 7.8%
Operating margin: 10.4%; Sector median 2.9%
Net margin: 16.4%; Sector median 1.0%
Return on equity (ROE): 22.9%; Sector median 1.0%
Return on assets (ROA): 12.4%; Sector median 0.4%
Current ratio: 1.34×; Sector median 0.90×
Debt to equity: 46.3%; Sector median 87.5%
Asset turnover: 0.76×; Sector median 0.70×
Dividend payout ratio: 1.5%; Sector median 0.0%

Median of the 51 companies in the sector with the figure for their latest fiscal year.

RCML financial ratios (annual) (Rs mn)
Rs mn	FY2025 * Jul 2024 – Jun 2025	FY2024 Jul 2023 – Jun 2024	FY2023 Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 * Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020	FY2019 * Jul 2018 – Jun 2019	FY2018 * Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014	FY2013 Jul 2012 – Jun 2013	FY2012 Jul 2011 – Jun 2012	FY2011 Jul 2010 – Jun 2011	FY2010 Jul 2009 – Jun 2010	FY2009 Jul 2008 – Jun 2009
Profitability
Gross margin	12.3%	16.2%	15.4%	32.6%	22.9%	15.5%	15.2%	14.4%	10.9%	10.4%	10.6%	9.8%	16.5%	14.4%	28.2%	22.5%	20.2%
EBITDA margin	13.7%	16.6%	14.8%	29.9%	21.8%	14.6%	14.7%	13.2%	11.4%	10.7%	10.2%	8.8%	14.1%	10.8%	23.4%	16.5%	16.0%
Operating margin	10.4%	14.1%	12.2%	27.9%	19.1%	11.2%	11.7%	10.0%	7.5%	6.6%	6.9%	6.1%	11.5%	7.8%	21.2%	13.9%	13.0%
Pre-tax margin	20.5%	9.9%	13.0%	28.5%	18.6%	7.7%	10.2%	9.0%	7.1%	5.3%	4.6%	3.4%	9.1%	4.1%	19.2%	9.3%	10.7%
Net margin	16.4%	10.2%	10.8%	26.8%	17.3%	6.6%	9.6%	8.1%	6.4%	3.8%	3.6%	3.0%	8.0%	2.8%	18.2%	7.9%	9.3%
Effective tax rate	20.0%	(3.0%)	16.9%	6.1%	7.1%	14.8%	6.1%	9.8%	9.8%	28.5%	21.7%	12.6%	12.0%	31.3%	5.3%	15.3%	12.8%
Returns
Return on equity (ROE)	22.9%	15.4%	14.8%	51.6%	35.5%	13.4%	19.8%	15.6%	11.1%	6.3%	7.7%	7.3%	21.1%	5.7%	47.6%	19.4%	—
Return on assets (ROA)	12.4%	8.5%	8.7%	30.7%	17.9%	5.9%	9.7%	8.7%	6.3%	3.4%	3.6%	3.4%	10.5%	2.9%	23.0%	8.5%	—
Return on invested capital (ROIC)	17.7%	15.1%	12.8%	39.1%	23.4%	11.6%	15.5%	12.1%	9.0%	6.0%	7.1%	8.1%	16.6%	7.1%	31.1%	15.4%	—
Liquidity
Current ratio	1.34×	1.57×	2.03×	2.61×	2.15×	1.36×	1.26×	1.33×	1.17×	1.01×	0.94×	0.96×	1.08×	1.04×	1.23×	1.14×	1.08×
Quick ratio	0.52×	0.63×	0.65×	0.97×	0.74×	0.48×	0.48×	0.61×	0.52×	0.48×	0.42×	0.30×	0.35×	0.27×	0.34×	0.26×	0.35×
Leverage
Debt to equity	46.3%	61.7%	49.1%	39.1%	45.2%	110.6%	90.0%	66.8%	50.1%	61.1%	71.8%	109.5%	80.1%	79.1%	80.1%	100.3%	115.9%
Debt to capital	31.6%	38.2%	32.9%	28.1%	31.1%	52.5%	47.4%	40.1%	33.4%	37.9%	41.8%	52.3%	44.5%	44.2%	44.5%	50.1%	53.7%
Debt to assets	25.0%	33.3%	28.1%	23.7%	26.0%	47.0%	41.6%	35.4%	29.3%	33.8%	36.9%	47.1%	39.8%	39.5%	40.5%	45.3%	49.3%
Assets to equity	1.85×	1.81×	1.70×	1.68×	1.99×	2.26×	2.04×	1.80×	1.76×	1.88×	2.13×	2.18×	2.01×	1.99×	2.07×	2.28×	—
Efficiency
Asset turnover	0.76×	0.83×	0.80×	1.15×	1.03×	0.90×	1.01×	1.06×	0.99×	0.89×	1.01×	1.13×	1.31×	1.02×	1.26×	1.08×	—
Receivable days days	78	80	91	68	70	81	74	66	63	77	62	50	40	44	35	51	—
Inventory days days	167	185	216	183	175	173	133	104	91	103	122	124	117	164	171	182	—
Payable days days	60	46	57	54	42	35	34	28	27	31	24	16	18	22	15	15	—
Cash conversion cycle days	185	218	250	197	203	219	174	142	126	150	160	159	139	186	190	219	—
Dividends
Dividend payout ratio	1.5%	2.8%	6.4%	1.7%	0.0%	21.0%	12.9%	4.3%	22.5%	42.2%	10.8%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Earnings retention rate	0.99×	0.97×	0.94×	0.98×	1.00×	0.79×	0.87×	0.96×	0.78×	0.58×	0.89×	1.00×	1.00×	1.00×	1.00×	1.00×	1.00×

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

RCML: frequently asked questions

What is RCML's EPS?

Reliance Cotton Spinning Mills Limited reported basic earnings per share of Rs 274.24 for FY2025 (Jul 2024 – Jun 2025).

Does RCML pay dividends?

Yes. Reliance Cotton Spinning Mills Limited declared a dividend of Rs 6.00 per share for FY2025. It has paid a dividend in each of the last 5 years.

What was RCML's revenue and profit in FY2025?

Reliance Cotton Spinning Mills Limited reported revenue of Rs 17.8 bn and profit attributable to shareholders of Rs 2.9 bn for FY2025 (Jul 2024 – Jun 2025).

What is RCML's book value per share?

Reliance Cotton Spinning Mills Limited's book value per share was Rs 1,382.60 at the end of FY2025.

Information only, not investment advice.