Is Royal India Corporation Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Royal India Corporation Ltd (512047.BO) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Royal India Corporation Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Royal India Corporation Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Royal India Corporation Ltd?

Muslim investors may consider investing in Royal India Corporation Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Royal India Corporation Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Royal India Corporation Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Royal India Corporation Ltd updated?

The Shariah compliance status of Royal India Corporation Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Royal India Corporation Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Royal India Corporation Ltd?

You can check the latest Shariah compliance status of Royal India Corporation Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Royal India Corporation Ltd 512047.BO

₹6.20 ₹0.22 (3.43%) 1D

Last Updated: May 15, 12:00 AM·BSE

512047.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 27, 2026

Report Source: 2026 2nd Quarter Report

Royal India Corporation Ltd. Stock Analysis 512047.BO

India Financials Nano Cap Report: Q2, 2026

Royal India Corp. Ltd. engages in trading gold bullion, plain gold jewelries, gold coins, and medallions. The company is headquartered in Mumbai, Maharashtra and currently employs 11 full-time employees. The company went IPO on 2005-08-26. The firm is engaged in the wholesale trading of Gold Bullion, plain gold jewelry, gold coins and medallions. The firm is also engaged in manufacturing of gold articles and export the same. The firm has business operations mainly in India. The Company’s segment is Bullion and Jewellery. The firm offers sales of 24 karat (k) 999.9 purity Swiss made gold coins with assay certificate. The company also offers sales of 23k 995 & 999 purity Indian-made gold coins in denominations of approximately one, two, eight, five, 10, 20, and 50 grams in the round and rectangular shapes.

Key Statistics of Royal India Corporation Ltd (512047.BO)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹6.14₹6.52

Today's Open

₹6.42

Volume

80.00K

P/E Ratio (TTM)

7.12

52 Week Range

₹2.82₹10.00

Market Cap

723.09M

Avg. Volume

267.23K

Dividend Yield

Financial Metrics & Statements of Royal India Corporation Ltd (512047.BO)

FAQ's for Royal India Corporation Ltd (512047.BO)

According to Musaffa’s Shariah screening methodology, Royal India Corporation Ltd (512047.BO) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.