RNFI Services Ltd
RNFIRNFI Services Ltd
RNFI
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| — | 11.53 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 17.58 | 2.45 | 0.98% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
RNFI Services Limited is an India-based company offering advanced financial technology solutions in the B2B and B2B2C financial technology arena through an integrated online portal and mobile application.
Peers
Compare with peersMotilal Oswal Financial Services Ltd
Aditya Birla Capital Ltd
Authum Investment & Infrastructure Ltd
Cholamandalam Financial Holdings Ltd
Piramal Enterprises Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 135.62 | 190.80 | 1,069.39 | 943.05 | — | |||||
Raw Materials | 30.34 | 34.02 | 840.60 | 692.46 | — | |||||
| Power & Fuel Cost | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
| Employee Cost | 13.77 | 15.74 | 26.29 | 34.96 | ||||||
| Selling & Administrative Expenses | 3.13 | 4.73 | 10.14 | 14.23 | ||||||
| Operating & Other expenses | 76.84 | 126.52 | 182.37 | 182.04 | ||||||
EBITDA | 11.54 | 9.79 | 9.99 | 19.36 | — | |||||
| Depreciation/Amortization | 0.94 | 1.49 | 2.00 | 3.79 | — | |||||
| PBIT | 10.60 | 8.30 | 7.99 | 15.57 | — | |||||
| Interest & Other Items | 0.44 | 0.52 | 1.46 | 2.55 | — | |||||
| PBT | 10.16 | 7.78 | 6.53 | 13.02 | — | |||||
| Taxes & Other Items | 2.69 | 2.56 | 1.14 | 2.38 | — | |||||
| Net Income | 7.47 | 5.22 | 5.39 | 10.64 | — | |||||
| EPS | 4.20 | 2.93 | 3.03 | 5.91 | — | |||||
| DPS | 0.00 | 0.00 | 0.00 | — | — | |||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | — |
Company Updates
Peers & Comparison
FinancialsDiversified Financials
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| RNFI Services Ltd | 34.70 | 11.53 | — |
| Motilal Oswal Financial Services Ltd | 22.47 | 6.26 | 0.38% |
| Aditya Birla Capital Ltd | 14.41 | 1.68 | — |
| Authum Investment & Infrastructure Ltd | 6.63 | 2.75 | — |
Price Comparison
Compare RNFI with any stock or ETFShareholdings
Promoter Holdings Trend
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 1.37%
Shareholding Pattern
Mar 2024
Jul 2024
Sep 2024
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
RNFI has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
Hmm, looks like data is unavailable here. Please come back after some timeRNFI Services announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 7 January 2025.Powered by Capital Market - Live
RNFI Services will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live
RNFI Services announced that the 9th Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live
The scrip was listed at Rs 199.50, a premium of 90% over the initial public offer (IPO) price. The stock is currently frozen in its lower limit of 5% over its listing price. The counter hit a high of Rs 199.95 and a low of Rs 189.55. About 16.12 lakh shares of the company changed hands at the counter. RNFI Services' IPO was subscribed 152.42 times. The issue opened for bidding on 22 July 2024 and it closed on 24 July 2024. The price band of the IPO was fixed at Rs 98 to Rs 105 per share. The IPO comprised fresh issue of 67,44,000 shares. The company intends to utilize the net proceeds for funding the working capital requirements, purchase of micro ATMS/laptops/server, strengthening technology infrastructure to develop new capabilities, achieving inorganic growth through unidentified acquisitions and other strategic initiatives and for general corporate purposes. Ahead of the IPO, RNFI Services on 19 July 2024, raised Rs 20.03 crore from anchor investors. The board allotted 19.08 lakh shares at Rs 105 per share to 10 anchor investor. RNFI Services is a tech enabled platform offering financial technology solutions in B2B and B2B2C financial technology arena through an integrated business model via its online portal and mobile application, focusing on providing banking, digital and government to citizen (G2C) services on PAN India basis. The company segregate its business primarily into four segments namely, business correspondent services, non-business correspondent services, full-fledged money changer service, and insurance broking. As of 31 March 2024, the company had 1,405 permanent employees. The company recorded revenue from operations of Rs 935.42 crore and net profit of Rs 9.96 crore for the period as on 31 March 2024. Powered by Capital Market - Live
Decreased Total Promoter Holding
In last 6 months, promoter holding in the company has decreased by 24.20%
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant