RNFI Services Ltd.
•₹ 275.51.75%
2026-08-21
PROS
- Company has a healthy return on capital (ROCE) of 33.1%
- Company has a good return on equity (ROE) track record: 3 Years ROE 32.2%
- Operating margins have improved to 9.7% from 6.1%
- Company maintains a comfortable, low leverage position
- Company converts assets efficiently - asset turnover of 1.5x
CONS
- A large part of profit comes from other income (37.3% of PBT)
- Working capital days have increased from 5 to 76 days
- Stock is trading at 5.1x its book value
- Inventory has been piling up - inventory days up from 2 to 2
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | GROWW | 194.20 | 49.94 | 121833.25 | 0.00 | 7350.40 | — | 15014.20 | 1560.13 | 37.54 | 64.60 |
| 2. | PAYTM | 1585.20 | 156.36 | 101632.42 | 0.00 | 220.00 | 79.59 | 2448.00 | 27.67 | -4.43 | 8.29 |
| 3. | POLICYBZR | 1780.00 | 110.07 | 82359.69 | 0.00 | 1629.10 | 1824.51 | 18882.80 | 1300.81 | 6.85 | 7.24 |
| 4. | PINELABS | 157.65 | 142.91 | 18190.57 | 0.00 | 195.70 | 3985.59 | 7369.20 | 1096.47 | -1.37 | 12.88 |
| 5. | STYL | 379.55 | 23.28 | 6141.34 | 0.66 | 60.34 | 63.78 | 376.47 | 21.10 | 37.71 | 23.21 |
| 6. | CCAVENUE | 14.89 | 17.71 | 5206.17 | 0.00 | 84.77 | 45.08 | 2680.40 | 109.37 | 8.63 | 3.80 |
| 7. | TURTLEMINT | 139.00 | 0.00 | 4093.26 | 0.00 | -377.80 | — | 2940.80 | — | -38.38 | -11.20 |
| 8. | MOBIKWIK | 195.90 | 0.00 | 1542.65 | 0.00 | 7.62 | 118.17 | 281.48 | 3.73 | -8.65 | 2.88 |
| 9. | RNFI | 274.80 | 24.55 | 696.81 | 0.00 | 50.59 | 776.62 | 2699.11 | 981.41 | 32.79 | 3.94 |
| 10. | SUVIDHAA | 2.39 | 0.00 | 50.14 | 0.00 | -1.91 | 55.58 | 2.40 | 135.29 | -32.85 | -70.42 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| 69 | 76 | 70 | 66 | 68 | 75 | 79 | 78 | |
| 61 | 70 | 64 | 62 | 59 | 65 | 69 | 75 | |
| Operating Profit | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — |
| Other Income | 2 | 1 | 2 | 1 | 1 | 1 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 3 | 3 | 3 | 2 | 3 | 3 | 4 | 3 |
| 6 | 5 | 4 | 5 | 8 | 7 | 7 | 5 | |
| Tax % | 24.59% | 24.84% | 20.58% | 24.49% | 24.22% | 24.50% | 34.57% | 28.59% |
| Net Profit | 5 | 4 | 4 | 4 | 6 | 6 | 5 | 3 |
| 2 | 2 | 2 | 0 | 2 | 2 | 2 | 0 | |
| Equity Capital | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Sep 2024
- 69
- 61
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 3
- 6
- Tax %
- 24.59%
- Net Profit
- 5
- 2
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 76
- 70
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 3
- 5
- Tax %
- 24.84%
- Net Profit
- 4
- 2
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 70
- 64
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 3
- 4
- Tax %
- 20.58%
- Net Profit
- 4
- 2
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 66
- 62
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 2
- 5
- Tax %
- 24.49%
- Net Profit
- 4
- 0
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 68
- 59
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 3
- 8
- Tax %
- 24.22%
- Net Profit
- 6
- 2
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 75
- 65
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 3
- 7
- Tax %
- 24.50%
- Net Profit
- 6
- 2
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 79
- 69
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 4
- 7
- Tax %
- 34.57%
- Net Profit
- 5
- 2
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 78
- 75
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 3
- 5
- Tax %
- 28.59%
- Net Profit
- 3
- 0
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 25
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 152 | 145 | 146 | 275 | 301 | |
| 145 | 136 | 136 | 249 | 268 | |
| Operating Profit | 9 | 12 | 17 | 34 | — |
| OPM % | 6 | 8 | 12 | 12 | — |
| Other Income | 3 | 3 | 8 | 7 | 5 |
| Interest | 1 | 2 | 3 | 4 | 1 |
| Depreciation | 1 | 2 | 2 | 11 | 13 |
| 7 | 8 | 12 | 18 | 27 | |
| Tax % | 27 | 25 | 23 | 23 | 28 |
| Net Profit | 5 | 6 | 9 | 14 | 19 |
| EPS | 0 | 3 | 5 | 6 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 3 | 3 | 5 | 6 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 3 | 3 | 5 | 6 | — |
Mar 2022
- 152
- 145
- Operating Profit
- 9
- OPM %
- 6
- Other Income
- 3
- Interest
- 1
- Depreciation
- 1
- 7
- Tax %
- 27
- Net Profit
- 5
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2023
- 145
- 136
- Operating Profit
- 12
- OPM %
- 8
- Other Income
- 3
- Interest
- 2
- Depreciation
- 2
- 8
- Tax %
- 25
- Net Profit
- 6
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2024
- 146
- 136
- Operating Profit
- 17
- OPM %
- 12
- Other Income
- 8
- Interest
- 3
- Depreciation
- 2
- 12
- Tax %
- 23
- Net Profit
- 9
- EPS
- 5
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2025
- 275
- 249
- Operating Profit
- 34
- OPM %
- 12
- Other Income
- 7
- Interest
- 4
- Depreciation
- 11
- 18
- Tax %
- 23
- Net Profit
- 14
- EPS
- 6
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
TTM
- 301
- 268
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 1
- Depreciation
- 13
- 27
- Tax %
- 28
- Net Profit
- 19
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 22%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 38%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- -16%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 32%
- Last Year:
- 21%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| LIABILITIES | - | - | - | - |
| Equity Capital | 0 | 0 | 18 | 25 |
| 13 | 19 | 11 | 81 | |
| 1 | 0 | 10 | 0 | |
| Trade Payables | 2 | 0 | 4 | 1 |
| 83 | 79 | 107 | 110 | |
| Total Liabilities | 99 | 99 | 149 | 217 |
| ASSETS | - | - | - | - |
| 7 | 3 | 19 | 25 | |
| Capital Work in Progress | 4 | 0 | 0 | 0 |
| 12 | 5 | 6 | 17 | |
| 1 | 1 | 0 | 3 | |
| 0 | 0 | 24 | 17 | |
| Cash & Bank | 50 | 24 | 47 | 85 |
| 24 | 66 | 52 | 69 | |
| Total Assets | 99 | 99 | 149 | 217 |
| Total Debt | 5 | 14 | 29 | 14 |
| Net Working Capital | -12 | 7 | 2 | 57 |
| Contingent Liabilities | 1 | 1 | 1 | 2 |
| Book Value per Share | 1317.36 | 1948.23 | 16.09 | 42.39 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 5 | 14 | 29 | 14 |
| Net Working Capital | -12 | 7 | 2 | 57 |
| Contingent Liabilities | 1 | 1 | 1 | 2 |
| Book Value per Share | 1317.36 | 1948.23 | 16.09 | 42.39 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2022
- Equity Capital
- 0
- 13
- 1
- Trade Payables
- 2
- 83
- Total Liabilities
- 99
- 7
- Capital Work in Progress
- 4
- 12
- 1
- 0
- Cash & Bank
- 50
- 24
- Total Assets
- 99
- Total Debt
- 5
- Net Working Capital
- -12
- Contingent Liabilities
- 1
- Book Value per Share
- 1317.36
- Face Value
- 10.00
- Total Debt
- 5
- Net Working Capital
- -12
- Contingent Liabilities
- 1
- Book Value per Share
- 1317.36
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 0
- 19
- 0
- Trade Payables
- 0
- 79
- Total Liabilities
- 99
- 3
- Capital Work in Progress
- 0
- 5
- 1
- 0
- Cash & Bank
- 24
- 66
- Total Assets
- 99
- Total Debt
- 14
- Net Working Capital
- 7
- Contingent Liabilities
- 1
- Book Value per Share
- 1948.23
- Face Value
- 10.00
- Total Debt
- 14
- Net Working Capital
- 7
- Contingent Liabilities
- 1
- Book Value per Share
- 1948.23
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 18
- 11
- 10
- Trade Payables
- 4
- 107
- Total Liabilities
- 149
- 19
- Capital Work in Progress
- 0
- 6
- 0
- 24
- Cash & Bank
- 47
- 52
- Total Assets
- 149
- Total Debt
- 29
- Net Working Capital
- 2
- Contingent Liabilities
- 1
- Book Value per Share
- 16.09
- Face Value
- 10.00
- Total Debt
- 29
- Net Working Capital
- 2
- Contingent Liabilities
- 1
- Book Value per Share
- 16.09
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 25
- 81
- 0
- Trade Payables
- 1
- 110
- Total Liabilities
- 217
- 25
- Capital Work in Progress
- 0
- 17
- 3
- 17
- Cash & Bank
- 85
- 69
- Total Assets
- 217
- Total Debt
- 14
- Net Working Capital
- 57
- Contingent Liabilities
- 2
- Book Value per Share
- 42.39
- Face Value
- 10.00
- Total Debt
- 14
- Net Working Capital
- 57
- Contingent Liabilities
- 2
- Book Value per Share
- 42.39
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 1 | -28 | 28 | 21 | |
| Cash from Investing | -0 | -6 | -18 | -40 |
| Cash from Financing | -12 | 8 | 13 | 46 |
| -11 | -26 | 23 | 27 | |
| Free Cash Flow | 1 | -28 | 10 | 3 |
| OCF / Net Profit | 0.25 | -4.45 | 3.04 | 1.45 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
| OCF / Net Profit | 0.25 | -4.45 | 3.04 | 1.45 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
Mar 2022
- 1
- Cash from Investing
- -0
- Cash from Financing
- -12
- -11
- Free Cash Flow
- 1
- OCF / Net Profit
- 0.25
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.25
- Cumulative 5-Year FCF
- 0
Mar 2023
- -28
- Cash from Investing
- -6
- Cash from Financing
- 8
- -26
- Free Cash Flow
- -28
- OCF / Net Profit
- -4.45
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -4.45
- Cumulative 5-Year FCF
- 0
Mar 2024
- 28
- Cash from Investing
- -18
- Cash from Financing
- 13
- 23
- Free Cash Flow
- 10
- OCF / Net Profit
- 3.04
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.04
- Cumulative 5-Year FCF
- 0
Mar 2025
- 21
- Cash from Investing
- -40
- Cash from Financing
- 46
- 27
- Free Cash Flow
- 3
- OCF / Net Profit
- 1.45
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.45
- Cumulative 5-Year FCF
- 0
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| PER SHARE | - | - | - | - |
| EPS (₹) | 537.66 | 620.95 | 5.05 | 5.66 |
| Book Value (₹) | 1317.36 | 1948.23 | 16.09 | 42.39 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 3.36 | 4.37 | 6.26 | 10.17 |
| PROFITABILITY | - | - | - | - |
| Operating Margin % | 6.07% | 8.40% | 6.77% | 9.67% |
| Net Margin % | 3.54% | 4.29% | 6.30% | 5.13% |
| ROE % | 40.81% | 38.03% | 37.72% | 20.93% |
| ROCE % | 48.72% | 41.12% | 33.21% | 24.97% |
| 5.44% | 6.27% | 7.40% | 7.72% | |
| EFFICIENCY | - | - | - | - |
| Debtor Days | 18 | 22 | 43 | 27 |
| Inventory Days | 3 | 3 | 2 | 2 |
| Payable Days | 33 | 18 | 25 | 11 |
| -11 | 6 | 19 | 19 | |
| FINANCIAL HEALTH | - | - | - | - |
| Debt to Equity (x) | 0.34x | 0.74x | 0.99x | 0.14x |
| Interest Coverage (x) | 6.70x | 4.52x | 4.53x | 5.81x |
| 0.85x | 1.10x | 1.02x | 1.59x | |
| GROWTH | - | - | - | - |
| Revenue Growth % | 0.00% | -4.59% | 0.85% | 88.63% |
| Operating Profit Growth % | 0.00% | 32.02% | 43.71% | 91.70% |
| Net Profit Growth % | 0.00% | 15.49% | 48.13% | 53.65% |
| 0.00% | 0.00% | -99.19% | 12.13% | |
| VALUATION | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 38.52x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 5.15x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.03x | 14.14x |
Mar 2022
- EPS (₹)
- 537.66
- Book Value (₹)
- 1317.36
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.36
- Operating Margin %
- 6.07%
- Net Margin %
- 3.54%
- ROE %
- 40.81%
- ROCE %
- 48.72%
- 5.44%
- Debtor Days
- 18
- Inventory Days
- 3
- Payable Days
- 33
- -11
- Debt to Equity (x)
- 0.34x
- Interest Coverage (x)
- 6.70x
- 0.85x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 620.95
- Book Value (₹)
- 1948.23
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.37
- Operating Margin %
- 8.40%
- Net Margin %
- 4.29%
- ROE %
- 38.03%
- ROCE %
- 41.12%
- 6.27%
- Debtor Days
- 22
- Inventory Days
- 3
- Payable Days
- 18
- 6
- Debt to Equity (x)
- 0.74x
- Interest Coverage (x)
- 4.52x
- 1.10x
- Revenue Growth %
- -4.59%
- Operating Profit Growth %
- 32.02%
- Net Profit Growth %
- 15.49%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 5.05
- Book Value (₹)
- 16.09
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.26
- Operating Margin %
- 6.77%
- Net Margin %
- 6.30%
- ROE %
- 37.72%
- ROCE %
- 33.21%
- 7.40%
- Debtor Days
- 43
- Inventory Days
- 2
- Payable Days
- 25
- 19
- Debt to Equity (x)
- 0.99x
- Interest Coverage (x)
- 4.53x
- 1.02x
- Revenue Growth %
- 0.85%
- Operating Profit Growth %
- 43.71%
- Net Profit Growth %
- 48.13%
- -99.19%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.03x
Mar 2025
- EPS (₹)
- 5.66
- Book Value (₹)
- 42.39
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 10.17
- Operating Margin %
- 9.67%
- Net Margin %
- 5.13%
- ROE %
- 20.93%
- ROCE %
- 24.97%
- 7.72%
- Debtor Days
- 27
- Inventory Days
- 2
- Payable Days
- 11
- 19
- Debt to Equity (x)
- 0.14x
- Interest Coverage (x)
- 5.81x
- 1.59x
- Revenue Growth %
- 88.63%
- Operating Profit Growth %
- 91.70%
- Net Profit Growth %
- 53.65%
- 12.13%
- P/E (x)
- 38.52x
- P/B (x)
- 5.15x
- Dividend Yield %
- 0.00%
- 14.14x
Documents
Announcements
Nothing filed yet.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Jun 2026
Feb 2026
Nov 2025