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Rockingdeals Circular Economy Ltd. (ROCKINGDCE)

SME Cap

Services stocks · SME cap · NSE

Rockingdeals Circular Economy Ltd. operates in Recycling, within the Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹226.35
+6.85 · +3.12%
Market cap ₹188 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 04:45 am IST
Details
Quote21 Oct, 04:45 am IST
Base fundamentals20 Oct 2026 · screener
Latest result01 Jun, 07:57 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Services P/E 17.7 (n=143)
Technical timing lens

Trend score and candlestick chart

78Bullish

full bull SMA stack · SMA20 +1.1% / mo · MACD +

Stock trend: 78
Sector RS: —

FPI equity flow was positive in both fortnights, but exact sector-index confirmation is unavailable. View sector evidence

Technical chart

ROCKINGDCED candles · FIT view+10.9%
Latest close ₹226.35 on 2026-10-16
Bar
+3.9%
RSI
54
MACD hist
0.00
52W pos
64%
Visible chart range
Candle interval
2026-10-16O ₹217.90H ₹234.85L ₹217.90C ₹226.35Vol 3,000 sh
₹144.66₹173.50₹202.35₹231.20₹260.05₹226.35VolRSIMACD2026-042026-062026-072026-092026-11
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context

Relative performance and chart statistics

Adjusted completed-session prices, rebased to 100

ROCKINGDCENifty 500
-12%+7%+26%+45%16 Jul1 Sept16 Oct16 Oct 2026ROCKINGDCE +31.6%Nifty 500 -4.2%
ROCKINGDCE
+31.6%
Nifty 500
-4.2%
Vs Nifty 500
+35.8 pp
Chart stats
16 Oct 2026
From 52W high
-20.3%
₹283.9
52W range position
64%
₹123.9 - ₹283.9
ATR (14)
7.3%
₹16.5
Volume vs 20D
0.51x
Latest completed session
Avg traded value
₹0.1 Cr
20-session average
20D price channel
₹201.6 - ₹244
49.6% annualized volatility

No exact NSE sector index is mapped for this company. Nifty 500 remains the broad-market comparison.

Research snapshot

What the evidence says now

Weak fundamentals, while price trend supports entry. This looks more like momentum/speculation than a clean fundamental investment setup.

Weak U-Score but strong trend: momentum may be ahead of fundamentals.

Suggested next step
Momentum only
Trend is strong but fundamentals do not support a clean investment thesis.
U-Score
Legacy · WATCHLIST
43

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Latest result
Good
62

Revenue +91.2% · PAT +25.0% YoY

Technical
Bullish
78

Price trend and sector-relative-strength timing.

Valuation
Legacy model
+30.2%

Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.

Trust
Limited evidence
63

Financial-only signal; management claim evidence is not sufficient yet.

Financials

Fundamentals, quarterly history, margins, returns and balance-sheet evidence

Latest result

Quarter ended 31 Mar 2026

Good · 62/100

Rev +91% YoY · PAT +25% YoY · +18% QoQ · margin compression

Filed 31 Mar 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹65 Cr+91.2%+18.2%
EBITDA₹8 CrNDF-11.1%
Operating margin12.0%NDF-400 bps
PAT₹5 Cr+25.0%+0.0%
PAT margin7.7%NDF-140 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Fundamentals

Valuation

P/E
18.50
P/B
2.63
EV/EBITDA
10.68
Market Cap
188.00Cr

Profitability

ROE
18.10%
ROCE
20.60%
ROA
10.10%
Dividend Y
—

Growth (CAGR)

Revenue 5Y
100.00%
EPS 5Y
115.44%
Revenue 3Y
100.00%
EPS 3Y
91.00%

Balance Sheet

Debt/Equity
0.21
Interest Coverage
16.00×
Altman Z
6.94
Book Value
85.90

Cash Flow

FCF Yield
—
FCF Positive Y
0/5
OCF
-21.00 Cr
EPS TTM
12.21

Shareholding

Promoter Hold
50.95%
Promoter Pledge
0.00%
Momentum 52W
64%

Financial History

Updated 20/10/2026

Revenue

₹ Cr
Latest: 120+118.2% vs prev
0120.0Mar 2023: 15.0Mar 2024: 50.0Mar 2025: 55.0Mar 2026: 120FY23FY24FY25FY26

Net Profit

₹ Cr
Latest: 10.0+100.0% vs prev
010.0Mar 2023: 1.0Mar 2024: 5.0Mar 2025: 5.0Mar 2026: 10.0FY23FY24FY25FY26

Return on Equity

%
Latest: 7.0-42.3% vs prev
012.2Mar 2023: 2.9%Mar 2024: 12.2%Mar 2025: 7.0%FY23FY24FY25FY26

Technicals

Trend interpretation, Stage 2, relative strength, volume and indicator evidence

Daily technical trend read

Bullish setup

Trend is constructive — long-term uptrend intact. RSI 54.

  • Price > SMA20 > SMA50 > SMA200 — full bullish stack.
  • SMA20 rising (~1.1% over last month) — short-term momentum positive.
  • RSI(14) at 54 — rising, no extreme reading.
  • MACD above signal but histogram contracting — bullish momentum cooling.
  • 20% off 52W high · 83% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Valuation & peers

U-Score 43 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies

43U-SCORE
WATCHLIST

Fundamental score breakdown

U band · WATCHLIST
Valuation7/30
Growth22/25
Quality11/20
Balance Sheet8/15
Cash Flow0/10
Piotroski
6/9 (+3)
Penalties
-8
Raw sum
43

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

43/100 · legacy band WATCHLIST

Positive drivers

  • Fair-value margin of safety is positive at 30.2%.
  • Growth contributes 22/25 to the score.
  • Quality contributes 11/20 to the score.

Main drags

  • Penalty bucket subtracts 8 points.
  • Cash flow is weaker at 0/10; verify the latest quarterly trend.
  • Valuation is weaker at 7/30; verify the latest quarterly trend.
Sector valuation model

Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks

For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.

Blended relative
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
18.5
PB
2.6
EV/EBITDA
10.7
ROE
18.1%
ROCE
20.6%
FCF Yield
—
Debt/Equity
0.2
MoS
+30.2%
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
43
Previous: 46 (-3)
Legacy U-Score band
WATCHLIST
Previous: FAIR VALUE
Margin of safety
+30.2%
Previous: +32.4%

Score history

12 stored score snapshots. Latest stored move: +0 points.

21 Oct 2026
v4.3-runtime-valuation
46
46
46
43
43
46
43
43
43
46
46
46

Factor attribution

Valuation
7-3
was 10

Modelled fair value

Graham Number
₹153.62
-47.3% MoS
Growth-justified P/E
26.6
Growth-justified Value
₹324.18
+30.2% MoS
PEG
0.18

Comparable companies

Peers

Business-comparable peers in Services — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.

Compare all ↗
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
RACE
Small
Race Eco Chain Limited
Recycling
match 80
2
25.0
9.3%
-778%
OVERVALUED
NIKITA
SME
NIKITA GREENTECH RECYCLING Ltd.
Recycling
match 74
40
14.8
7.8%
+63%
WATCHLIST
DIVYADHAN
SME
Divyadhan Recycling Industries Ltd.
Recycling
match 68
37
32.9
4.7%
+21%
WATCHLIST
JAINREC
Large
Jain Resource Recycling Limited
Recycling
match 51
55
27.2
30.4%
+21%
FAIR VALUE
EMAPARTNER
SME
EMA Partners India Ltd.
HR & Manpower
match 20
48
14.8
8.8%
+53%
FAIR VALUE

Business, management & trust

Growth engines, risks, management commitments and evidence-backed delivery

Business and thesis

Issuer presentation review pending

Rockingdeals Circular Economy Ltd. operates in Recycling, within the Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Trust Score
63Limited evidence · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Limited evidence: Claim history is still being built. It ranks around the 38th percentile of the scored universe and 40th percentile within Services. Main check: cash conversion is weak at 28/100.

This is a financial-behaviour screen, not a claim-tested management reliability verdict.

Computed 05 Sept 2026
management-trust-v1
3 docs text-extracted · 2 concalls text-extracted
Score band
Limited evidence

Financial behaviour is scored, but management claims do not yet have enough outcome checks.

Relative rank
38th percentile

overall median 67 · Services: 40th pctile, median 66 · SME: 45th pctile, median 64

Evidence depth
Financial-only

3 documents have extracted text, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Limited evidence · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
60
acceptable · holding, pledge, alignment
Cash flow
28
weak · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
90
strong · capital discipline
Results
55
watch · quarterly consistency

Trust positives

  • ▸Promoter pledge is zero.
  • ▸ROCE is 20.4%.

Trust risks

  • ▸Promoter holding fell 14.2%.
  • ▸Operating cash flow is negative at ₹-21 Cr.
  • ▸Only 0 years of positive FCF.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Important announcements & filings

Latest exchange and company disclosures found within the past two years.

6 shown
Annual reportSep 2026

Sep 2026 · General Updates 7 Sep - FY26 annual report and AGM notice sent; AGM scheduled for 29 September 2026 via VC/OAVM.

Source: Nse

Open source ↗
Annual reportSep 2026

Sep 2026 · Outcome of Board Meeting 7 Sep - Board approved FY26 annual report, AGM on 29 September 2026, scrutinizer, related party transactions, and e-voting dates.

Source: Nse

Open source ↗
Annual reportMar 2026

Mar 2026 · Annual Report 2026

Source: Nse

Open source ↗
Annual reportMar 2025

Mar 2025 · Annual Report 2025

Source: Nse

Open source ↗
Investor presentationNov 2024

Nov 2024 · PPT

Source: Nse

Open source ↗
Concall transcriptNov 2024

Nov 2024 · Transcript

Source: Nse

Open source ↗
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.