Relic Technologies Ltd
Incorporated in 1991, Relic Technologies Ltd is engaged in share broking business[1]
- Market Cap ₹ 41.7 Cr.
- Current Price ₹ 81.0
- High / Low ₹ 94.0 / 19.0
- Stock P/E
- Book Value ₹ 29.0
- Dividend Yield 0.00 %
- ROCE -15.9 %
- ROE -18.0 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 114 to 68.0 days.
- Company's working capital requirements have reduced from 200 days to 41.2 days
Cons
- Stock is trading at 2.79 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -10.7% over last 3 years.
- Promoter holding has decreased over last 3 years: -19.7%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
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Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.75 | 0.95 | 0.88 | 0.89 | 1.19 | 2.28 | 1.05 | 1.39 | 1.83 | 1.57 | 1.64 | 2.04 | 2.82 | |
| 0.44 | 0.66 | 0.72 | 0.66 | 0.72 | 0.78 | 0.81 | 0.86 | 1.17 | 1.11 | 2.33 | 3.06 | 6.38 | |
| Operating Profit | 0.31 | 0.29 | 0.16 | 0.23 | 0.47 | 1.50 | 0.24 | 0.53 | 0.66 | 0.46 | -0.69 | -1.02 | -3.56 |
| OPM % | 41.33% | 30.53% | 18.18% | 25.84% | 39.50% | 65.79% | 22.86% | 38.13% | 36.07% | 29.30% | -42.07% | -50.00% | -126.24% |
| -0.29 | 0.00 | 0.05 | -0.02 | -0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.08 | -1.93 | |
| Interest | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.02 | 0.07 | 0.12 |
| Depreciation | 0.10 | 0.14 | 0.16 | 0.16 | 0.16 | 0.13 | 0.12 | 0.06 | 0.10 | 0.13 | 0.18 | 0.30 | 0.35 |
| Profit before tax | -0.09 | 0.13 | 0.03 | 0.03 | 0.28 | 1.36 | 0.11 | 0.47 | 0.56 | 0.33 | -0.89 | -1.47 | -5.96 |
| Tax % | -22.22% | 76.92% | 66.67% | 66.67% | 35.71% | 29.41% | 45.45% | 17.02% | 21.43% | 33.33% | 1.12% | 1.36% | |
| -0.07 | 0.04 | 0.01 | 0.01 | 0.19 | 0.97 | 0.06 | 0.39 | 0.43 | 0.23 | -0.90 | -1.48 | -5.05 | |
| EPS in Rs | -0.19 | 0.11 | 0.03 | 0.03 | 0.53 | 2.69 | 0.17 | 1.08 | 1.19 | 0.64 | -2.50 | -3.94 | -11.09 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 14% |
| 3 Years: | 4% |
| TTM: | 53% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -290% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 51% |
| 3 Years: | 44% |
| 1 Year: | 286% |
| Return on Equity | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | -4% |
| 3 Years: | -11% |
| Last Year: | -18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.60 | 3.60 | 3.60 | 3.60 | 3.60 | 3.60 | 3.60 | 3.60 | 3.60 | 3.60 | 3.60 | 3.60 | 5.15 |
| Reserves | 0.03 | 0.07 | 0.08 | 0.04 | 0.23 | 1.20 | 1.26 | 1.67 | 2.17 | 2.36 | 1.49 | 6.24 | 9.79 |
| 1.05 | 1.19 | 0.91 | 0.81 | 0.73 | 0.38 | 0.18 | 0.02 | 0.00 | 0.00 | 0.35 | 2.46 | 2.38 | |
| 0.19 | 0.26 | 0.20 | 0.20 | 0.28 | 0.22 | 0.16 | 0.23 | 0.19 | 0.30 | 0.15 | 0.27 | -0.42 | |
| Total Liabilities | 4.87 | 5.12 | 4.79 | 4.65 | 4.84 | 5.40 | 5.20 | 5.52 | 5.96 | 6.26 | 5.59 | 12.57 | 16.90 |
| 0.75 | 1.00 | 0.84 | 0.70 | 0.66 | 0.53 | 0.42 | 0.36 | 0.49 | 0.62 | 0.99 | 3.53 | 1.08 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.34 | 0.34 | 0.34 | 0.29 | 0.28 | 0.21 | 0.12 | 0.13 | 0.20 | 0.17 | 0.02 | 0.02 | 10.91 |
| 3.78 | 3.78 | 3.61 | 3.66 | 3.90 | 4.66 | 4.66 | 5.03 | 5.27 | 5.47 | 4.58 | 9.02 | 4.91 | |
| Total Assets | 4.87 | 5.12 | 4.79 | 4.65 | 4.84 | 5.40 | 5.20 | 5.52 | 5.96 | 6.26 | 5.59 | 12.57 | 16.90 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.15 | 0.01 | 0.25 | 0.17 | 0.14 | 1.77 | -0.43 | 0.06 | 0.16 | 0.16 | 0.23 | -0.37 | |
| 0.08 | -0.34 | 0.04 | 0.01 | -0.07 | 0.11 | 0.06 | 0.07 | 0.08 | -0.14 | -0.47 | 1.66 | |
| -0.09 | 0.12 | -0.31 | -0.06 | -0.09 | -0.36 | -0.21 | -0.16 | -0.02 | 0.00 | 0.33 | 4.43 | |
| Net Cash Flow | 0.14 | -0.21 | -0.02 | 0.12 | -0.02 | 1.52 | -0.58 | -0.03 | 0.22 | 0.02 | 0.09 | 5.73 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 530.47 | 411.11 | 356.70 | 344.49 | 251.51 | 129.67 | 271.14 | 207.45 | 145.60 | 167.39 | 106.83 | 67.99 |
| Inventory Days | 851.67 | |||||||||||
| Days Payable | 365.00 | |||||||||||
| Cash Conversion Cycle | 530.47 | 411.11 | 356.70 | 344.49 | 251.51 | 129.67 | 271.14 | 207.45 | 145.60 | 167.39 | 106.83 | 554.66 |
| Working Capital Days | 1,099.87 | 910.58 | 987.16 | 717.70 | 509.16 | 267.35 | 594.43 | 396.51 | 295.19 | 297.58 | 262.62 | 41.15 |
| ROCE % | 4.41% | 3.14% | 1.06% | 1.55% | 6.88% | 28.13% | 2.35% | 9.10% | 10.13% | 5.63% | -15.26% | -15.87% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Registered Office Address
10m - Allotment of 441,164 shares at Rs85 (₹2.81cr received); paid-up capital Rs5.59mn; name change, ESOP 110,000, EGM, director appointment.
-
Announcement under Regulation 30 (LODR)-Change in Management
19m - Allotment of 441,164 shares at Rs85 (₹2.81Cr); name change, ESOP (110,000), new director, EGM.
-
Announcement under Regulation 30 (LODR)-Allotment
23m - Board approved allotment of 4,41,164 shares at Rs85 (₹2.81Cr received); name change, ESOP 1,10,000, new director.
-
Board Meeting Outcome for Outcome Of The Board Meeting Held On December 13, 2025.
26m - Allotment of 4,41,164 shares at ₹85 each; ₹2.81 crore received; name change and ESOP approved.
-
Board Meeting Intimation for Considering, Inter Alia, Approval Of Employee Stock Option Scheme
9 Dec - Board meeting on 13 Dec 2025 to consider Employee Stock Option Scheme 2025; trading window closed.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Overview:[1][2][3]
RTL is an integrated business, primarily engaged in Corporate & Institutional broking business related to Capital Markets and Equities Investments. It has a NSE corporate membership and they serve Institutional clients