Ruby Mills

Mumbai, India Founded: 1917 • Age: 109 yrs Listed
Textiles are manufactured by the company in Mumbai, India.
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About Ruby Mills

Ruby Mills is a publicly listed company based in Mumbai (India) founded in 1917. Textiles are manufactured by the company in Mumbai, India. Ruby Mills has raised $26.86 thousand across 2 funding rounds. The company has 206 employees. Its chief executive, as recorded, is Purav Shah. Its Indian entity The Ruby Mills Limited reported revenue of ₹376 Cr. Its focus areas include Retail, Contract Manufacturers, Fashion and Garments. Its competitors include Gokaldas Exports, Eastman Exports and Shahi; 2 of its 3 listed competitors have raised funding.

Company details

Ruby Mills was established in 1917 and is based in Mumbai, India. Operations are centered on textile manufacturing within the industry sector. Various textile products are produced through established processes. The company maintains an online presence via rubymills.com. Leadership is provided by CEO Purav Shah, identified by DIN 00123460 and PAN ACLPS6086R. Focus is placed on regional activities in India.

  • Headquarters Mumbai, India
  • Employees 206
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website rubymills.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Ruby Mills Limited
Operational Areas
Industrial Goods & Manufacturing → Contract & Outsourced Manufacturing
Key Metrics
  • Market Cap
    ₹1,610 Cr

    RUBYMILLS · NSE

  • Share Price
    ₹473.95

    -1.55% today

  • Revenue
    ₹359 Cr

    FY 2025-26

  • EBITDA
    ₹75.37 Cr

    Margin 21.0%

  • Net Profit
    ₹30.56 Cr

    FY 2025-26

  • P/E (TTM)
    52.8x

    P/B 2.4x

  • ROE
    4.5%

    ROCE 5.0%

  • Debt / Equity
    0.56

    Interest cover 30.3x

  • Total Equity Funding
    $26.86K (USD)

    in 2 rounds

  • Latest Funding Round
    $13.43K (USD), Seed

    Mar 2011

  • Employee Count
    206

Funding Insights of Ruby Mills

Ruby Mills has successfully raised a total of $26.86K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $13.43 thousand completed in March 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $26,861
  • Total Rounds 2
  • Last Round Seed — $13,430
  • First Round $13,430

    (Mar 2011)

All 2 funding rounds of Ruby Mills with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2011$13,430Angel Round––
–
Mar 2011$13,430Seed––
–

Board of directors of The Ruby Mills Limited (Ruby Mills)

The Ruby Mills Limited is the primary company behind Ruby Mills. The board of The Ruby Mills Limited currently have 10 directors; the longest-serving is Hiren Manharlal Shah, appointed in 1977. 22 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Hiren Manharlal Shah
DIN 00071077
Director30 Oct 197749 yrsThe Ruby Mills Limited
Viraj Manharlal Shah
DIN 00071616
Managing Director28 Nov 199431 yrs 11 moThe Ruby Mills Limited
Bharat Manharlal Shah
DIN 00071248
Managing Director28 Nov 199431 yrs 11 moThe Ruby Mills Limited
Deepak Rameshchandra Shah
DIN 06954206
Director14 Nov 201411 yrs 11 moThe Ruby Mills Limited
Mehernosh Rusi Currawalla
DIN 01089742
Director28 Nov 20178 yrs 11 moThe Ruby Mills Limited
Purav Hiren Shah
DIN 00123460
Whole-time director13 Dec 20178 yrs 10 moThe Ruby Mills Limited
Jasvanti Amar Patel
DIN 08717159
Director04 Mar 20206 yrs 8 moThe Ruby Mills Limited
Rahul Gautam Divan
DIN 00001178
Director30 Sep 20206 yrs 1 moThe Ruby Mills Limited
Gurudas Vishwas Aras
DIN 02187903
Director20 Sep 20242 yrs 1 moThe Ruby Mills Limited
Paras Khimji Savla
DIN 00516639
Director27 Dec 202510 moThe Ruby Mills Limited

People of Ruby Mills

1 people are tracked at Ruby Mills (1 in leadership); the tracked headcount is 206.

NameRoleGroup
Purav Shah
CEOLeadership
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Complete people profiles for Ruby Mills

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IPO & Listings of Ruby Mills

Ruby Mills is a publicly listed company on the NSE with ticker symbol RUBYMILLS in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date23 Oct 2001
  • Listed onBSE: 503169
  • Listed entityRuby Mills Limited
  • Exchange sectorProcess industries
  • ISININE301D01026
  • Share price₹537.25 (+9.19% on the day) · 2026-10-14
  • Market capitalisation₹1,668 Cr
  • Price to earnings41.6
  • EPS (diluted, trailing year)₹12.92
  • Dividend yield0.52%
  • Volume (last session)153,195

Financials of Ruby Mills

Exchange-reported figures of The Ruby Mills Limited, the listed company behind Ruby Mills (NSE: RUBYMILLS).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹359 Cr
EBITDA
₹75.37 Cr
Profit After Tax
₹30.56 Cr
Net Worth
₹674 Cr
Total Assets
₹1,144 Cr
Total Debt
₹376 Cr

Financial summary ₹ Cr

MetricsFY 2025-26
Income statement
Revenue359
EBITDA75.37
EBITDA margin+21.0%
Profit before tax53.02
Net profit30.56
Net profit margin+8.5%
EPS (₹)13.03
Balance sheet
Total assets1,144
Net worth674
Total debt376
Cash & bank13.85
Net working capital105
Cash flow
Cash from operations62.82
Cash from investing(111)
Cash from financing52.51
ParticularsJun 2026Mar 2026
Revenue91.48123
Other income13.471.65
EBITDA25.5234.03
EBITDA margin+27.9%+27.6%
Depreciation12.9014.10
Interest9.909.02
Profit before tax16.1912.56
Tax4.491.51
Net profit11.7011.05
EPS (₹)3.503.30
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue359243237260199123183
Revenue growth+47.8%+2.4%-8.7%+30.4%+61.4%-32.6%-
EBITDA75.3945.4055.3651.5754.8038.3745.04
EBITDA margin+21.0%+18.7%+23.4%+19.9%+27.5%+31.1%+24.6%
Profit before tax53.0553.7655.6543.7236.8532.2337.87
Net profit43.5935.0343.6133.4431.0220.9227.67
Net profit margin+12.2%+14.4%+18.4%+12.9%+15.6%+17.0%+15.1%
EPS (₹)13.0312.6513.3210.5318.5715.4616.56
Balance sheet
Total assets1,143988834821828915886
Net worth674637600560529499473
Total debt375328213241280395390
Cash & bank13.839.2623.6484.699.9847.0831.00
Net working capital10589.5918513223.6730.4840.25
Cash flow
Cash from operations62.82(35.48)49.9612594.2017.6615.67
Cash from investing(112)(81.56)(77.53)(0.71)21.021.36(11.02)
Cash from financing52.51104(34.95)(46.99)(127)(4.28)(4.70)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue91.4812380.0085.6469.5781.5665.0351.38
Revenue growth (YoY)+31.5%+51.3%+23.0%+66.7%+46.9%---
Other income13.571.655.001.909.0210.857.932.45
Total expenses65.9589.3465.6769.5558.6567.6851.1346.46
EBITDA25.5334.0414.3316.0910.9213.8813.904.92
EBITDA margin+27.9%+27.6%+17.9%+18.8%+15.7%+17.0%+21.4%+9.6%
Depreciation12.8914.104.882.802.692.692.442.87
Interest9.889.024.680.790.940.901.141.04
Profit before tax16.3312.579.7714.4016.3121.1418.253.46
Tax4.501.510.293.414.255.123.540.67

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 07 Nov 2026
ParticularsJun 2026Mar 2026
Revenue91.48123
Other income13.471.65
EBITDA25.5234.03
EBITDA margin+27.9%+27.6%
Depreciation12.9014.10
Interest9.909.02
Profit before tax16.1912.56
Tax4.491.51
Net profit11.7011.05
EPS (₹)3.503.30
ParticularsFY 2025-26
Revenue359
Other income17.56
Total expenses283
Employee cost32.96
EBITDA75.37
EBITDA margin+21.0%
Depreciation24.48
Interest15.43
Profit before tax53.02
Tax9.46
Net profit30.56
Net profit margin+8.5%
EPS (₹)13.03
ParticularsFY 2025-26
Equity & liabilities
Share capital16.72
Reserves & surplus658
Shareholders' funds (net worth)674
Minority interest0.00
Secured loans367
Unsecured loans9.02
Total debt376
Total liabilities1,144
Assets
Gross block914
Net block790
Capital work in progress93.77
Investments115
Inventories86.34
Sundry debtors43.19
Cash & bank balances13.85
Loans & advances23.63
Total current assets167
Total current liabilities61.66
Net working capital105
Total assets1,144
ParticularsFY 2025-26
Opening cash4.89
Net cash from operating activities62.82
Net cash from investing activities(111)
Net cash from financing activities52.51
Net change in cash3.84
Closing cash13.85
ParticularsFY 2025-26
Growth
PBT growth+9997.0%
Profitability & leverage
Net income margin+12.2%
Return on capital employed+5.0%
Return on net worth+4.5%
Debt / equity0.56
Long-term debt / equity0.50
Interest cover30.32
Efficiency & per share
Fixed asset turnover0.39
Inventory turnover4.15
Debtors turnover8.30
EPS (₹)13.03
Dividend per share (₹)2.50
Book value per share (₹)201.66
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue91.4812380.0085.6469.5781.5665.0351.38
Revenue growth (YoY)+31.5%+51.3%+23.0%+66.7%+46.9%---
Other income13.571.655.001.909.0210.857.932.45
Total expenses65.9589.3465.6769.5558.6567.6851.1346.46
EBITDA25.5334.0414.3316.0910.9213.8813.904.92
EBITDA margin+27.9%+27.6%+17.9%+18.8%+15.7%+17.0%+21.4%+9.6%
Depreciation12.8914.104.882.802.692.692.442.87
Interest9.889.024.680.790.940.901.141.04
Profit before tax16.3312.579.7714.4016.3121.1418.253.46
Tax4.501.510.293.414.255.123.540.67
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue359243237260199123183
Revenue growth+47.8%+2.4%-8.7%+30.4%+61.4%-32.6%-
Other income17.5624.4313.344.970.8410.149.93
Total expenses28319718220814484.96138
Employee cost0.0029.0426.2524.9819.2513.6022.61
EBITDA75.3945.4055.3651.5754.8038.3745.04
EBITDA margin+21.0%+18.7%+23.4%+19.9%+27.5%+31.1%+24.6%
Depreciation24.4811.328.408.699.138.4112.01
Interest15.424.754.654.139.667.875.09
Profit before tax53.0553.7655.6543.7236.8532.2337.87
Tax9.4611.4511.118.485.816.3710.17
Net profit43.5935.0343.6133.4431.0220.9227.67
Net profit margin+12.2%+14.4%+18.4%+12.9%+15.6%+17.0%+15.1%
EPS (₹)13.0312.6513.3210.5318.5715.4616.56
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital16.7216.7216.7216.728.368.368.36
Reserves & surplus658620584543521491465
Shareholders' funds (net worth)674637600560529499473
Secured loans367318199232271255246
Unsecured loans8.1810.2514.708.418.72140144
Total debt375328213241280395390
Total liabilities1,143988834821828915886
Assets
Gross block913237224202194146145
Net block78913713512112181.7888.86
Capital work in progress93.7718.978.326.276.3537.2336.65
Investments11511654.820.000.018.5512.02
Inventories86.3482.0957.5651.2936.2931.4844.45
Sundry debtors43.1927.0420.7524.2317.3715.5013.28
Cash & bank balances13.839.2623.6484.699.9847.0831.00
Loans & advances23.6314.7812211198.0569.3196.08
Total current assets167133224272162163185
Total current liabilities61.6543.5838.91140138133145
Net working capital10589.5918513223.6730.4840.25
Total assets1,143988834821828915886
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash4.8918.4380.953.3815.490.750.80
Net cash from operating activities62.82(35.48)49.9612594.2017.6615.67
Net cash from investing activities(112)(81.56)(77.53)(0.71)21.021.36(11.02)
Net cash from financing activities52.51104(34.95)(46.99)(127)(4.28)(4.70)
Net change in cash3.82(13.54)(62.52)77.57(12.11)14.74(0.05)
Closing cash13.839.2623.6484.699.9847.0831.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+47.8%+2.4%-8.7%+30.4%+61.4%-32.6%-
EBITDA growth+66.1%-18.0%+7.4%-5.9%+42.8%-14.8%-
PBT growth-1.3%-3.4%+27.3%+18.6%+14.3%-14.9%+50.0%
Net income growth+24.4%-19.7%+30.4%+7.8%+48.3%-24.4%-
Revenue CAGR (3Y)+11.4%+6.8%+24.3%+12.4%+1.1%-14.8%-3.2%
EBITDA CAGR (3Y)+13.5%-6.1%+13.0%+4.6%+11.1%-11.0%-7.6%
Profitability & leverage
Net income margin+12.2%+17.4%+18.8%+13.6%+15.6%+21.0%+15.1%
Return on capital employed-+5.4%+7.3%+5.8%+5.3%+3.8%+4.9%
Return on net worth-+5.7%+7.7%+6.5%+6.0%+4.3%+6.0%
Debt / equity-0.440.390.480.660.810.83
Long-term debt / equity-0.370.320.380.490.570.61
Interest cover30.2913.949.909.6321.1526.2715.41
Efficiency & per share
Fixed asset turnover-1.051.111.311.170.851.28
Inventory turnover-3.484.355.935.873.254.49
Debtors turnover-10.0910.5412.4812.118.5713.02
EPS (₹)13.0312.6513.3210.5318.5715.4616.56
Dividend per share (₹)2.501.751.751.253.000.751.75
Book value per share (₹)0.00190.40179.52167.36316.62298.64282.96

Timeline of Ruby Mills

3 dated milestones of Ruby Mills across 94 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ruby Mills is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $13K.

Competitors of Ruby Mills

Ruby Mills has 3 listed competitors in our database, 2 of them funded. They include Gokaldas Exports, Eastman Exports and Shahi.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Gokaldas Exports
gokaldasexports.com1979Bengaluru, India7,111
Apparel and clothing are manufactured and exported on contract.
Eastman Exports
eastmanexports.com2003Tiruppur, India$57.97M4,956
Apparel products are manufactured under contract in India.
Shahi
shahi.co.in1974Faridabad, India$18.61M27,538
Garments are contract-manufactured by Shahi in apparel production.
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Detailed competitors of Ruby Mills

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Web traffic of Ruby Mills

The website of Ruby Mills (rubymills.com) receives about 4.6K visits a month.

  • Monthly visits
    4.6K

    ▲ 12.9% vs previous month

Similar websites

Websites whose visitors overlap most with Ruby Mills. Affinity shows how closely the audiences match.

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Alok Industries
alokind.com
100%
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BTRA
btraindia.com
98%
#8,184,825View details
kohinoormills.com
kohinoormills.com
93%
#1,854,357–
rsrmm.com
rsrmm.com
93%
–
akijjute.com
akijjute.com
92%
–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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Top companies in Contract & Outsourced Manufacturing

3 companies that operate in the same segment as Ruby Mills (Contract & Outsourced Manufacturing) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Craftsman Automation
Industrial components, mould bases, and storage solutions are manufactured globally.
1986Coimbatore, Tamil Nadu, IndiaUSD 28 MUSD 853.09 M43
KRYFS
Single- and three-phase transformers are manufactured in Mumbai.
1993Mumbai, Maharashtra, IndiaUSD 114.37 M618
Gokaldas Exports
Apparel and clothing are manufactured and exported on contract.
1979Bengaluru, Karnataka, IndiaUSD 400 M40,280
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Related news about Ruby Mills

The Ruby Mills Ltd Sold Commercial Premises On The 33Rd Floor Of “The Ruby”
Reuters • 2 months ago
Ruby Mills sells 33rd-floor commercial space at The Ruby to Torrent Pharma for ₹124 crore - CNBC TV18
CNBCTV18 • 2 months ago
Ruby Mills standalone net profit declines 1.99% in the June 2026 quarter | Capital Market News - Business Standard
Business Standard • 2 months ago
The Ruby Mills Says Resumption Of Operations Of Weaving Division At Dhamni Plant
Reuters • 4 months ago
Ruby Mills standalone net profit declines 1.17% in the March 2025 quarter | Capital Market News - Business Standard
Business Standard • 1 year ago
Ruby Mills standalone net profit rises 87.47% in the September 2022 quarter
India Infoline • 1 year ago
Ruby Mills to announce Quarterly Result
India Infoline • 1 year ago
Ruby Mills To Enter Into An Agreement With Hines
Reuters • 3 years ago
India's Ruby Mills Sept-Qtr Profit Rises
Reuters • 4 years ago
Ruby Mills skids ~4% as board approves 1:1
Indiainfoline • 4 years ago
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Frequently Asked Questions about Ruby Mills

Ruby Mills was founded in 1917 and raised its 1st funding round 94 years after it was founded.

Ruby Mills is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Purav Shah is the CEO of Ruby Mills, as recorded in our data.

Ruby Mills is a funded company, having raised a total of $26.86K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $13.43K, raised on Mar 2011.

Ruby Mills has 206 employees.

The primary company behind Ruby Mills, The Ruby Mills Limited, reported revenue of ₹376 Cr for FY 2026, up 9997% year on year.

Ruby Mills was established in 1917 and is based in Mumbai, India. Operations are centered on textile manufacturing within the industry sector. Various textile products are produced through established processes. The company maintains an online presence via rubymills.com. Leadership is provided by CEO Purav Shah, identified by DIN 00123460 and PAN ACLPS6086R. Focus is placed on regional activities in India.

Ruby Mills's top competitors include Gokaldas Exports, Shahi and Eastman Exports.

Yes, Ruby Mills is publicly traded on NSE under the ticker symbol RUBYMILLS.

Ruby Mills operates through The Ruby Mills Limited.

The legal entities of Ruby Mills currently have 11 directors, including Hiren Manharlal Shah, Viraj Manharlal Shah, Mehernosh Rusi Currawalla and others.

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