Rajnandini Fashion India Ltd
Incorporated in 2010, Rajnandini Fashion designs, manufactures, and sells women’s apparel across ethnic and casual wear categories through both online and offline channels.[1]
- Market Cap ₹ 36.2 Cr.
- Current Price ₹ 34.9
- High / Low ₹ 64.0 / 34.0
- Stock P/E 7.16
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 54.3 %
- ROE 74.6 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 68.4%
Cons
- Debtor days have increased from 73.2 to 115 days.
- Working capital days have increased from 75.7 days to 121 days
* 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
Consumer Discretionary Textiles Textiles & Apparels Garments & Apparels
Part of BSE SME IPO
Quarterly Results
Figures in Rs. Crores
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 26.06 | 28.01 | 23.32 | 30.69 | |
| 25.34 | 26.97 | 19.52 | 23.07 | |
| Operating Profit | 0.72 | 1.04 | 3.80 | 7.62 |
| OPM % | 2.76% | 3.71% | 16.30% | 24.83% |
| 0.00 | 0.01 | 0.28 | 0.58 | |
| Interest | 0.16 | 0.51 | 0.80 | 1.19 |
| Depreciation | 0.03 | 0.03 | 0.21 | 0.22 |
| Profit before tax | 0.53 | 0.51 | 3.07 | 6.79 |
| Tax % | 26.42% | 25.49% | 25.08% | 25.77% |
| 0.40 | 0.37 | 2.29 | 5.05 | |
| EPS in Rs | 36.36 | 16.82 | 104.09 | 229.55 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 6% |
| TTM: | 32% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 133% |
| TTM: | 121% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 68% |
| Last Year: | 75% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Equity Capital | 0.11 | 0.22 | 0.22 | 0.22 |
| Reserves | 0.77 | 1.73 | 4.02 | 9.07 |
| 2.84 | 6.19 | 7.01 | 8.84 | |
| 2.82 | 3.57 | 4.50 | 7.23 | |
| Total Liabilities | 6.54 | 11.71 | 15.75 | 25.36 |
| 0.07 | 0.08 | 0.63 | 0.63 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| 6.47 | 11.63 | 15.12 | 24.73 | |
| Total Assets | 6.54 | 11.71 | 15.75 | 25.36 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -1.84 | -3.70 | 0.82 | -0.62 | |
| -0.04 | -0.04 | -0.77 | -0.24 | |
| 1.93 | 3.66 | 0.03 | 0.79 | |
| Net Cash Flow | 0.05 | -0.07 | 0.08 | -0.07 |
| Free Cash Flow | -1.88 | -3.74 | 0.05 | -0.84 |
| CFO/OP | -236% | -342% | 26% | 1% |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 40.20 | 42.35 | 61.98 | 115.24 |
| Inventory Days | 73.04 | 142.40 | 415.88 | 417.19 |
| Days Payable | 101.05 | 79.70 | 185.82 | 172.69 |
| Cash Conversion Cycle | 12.19 | 105.05 | 292.04 | 359.75 |
| Working Capital Days | 49.58 | 36.36 | 69.18 | 121.43 |
| ROCE % | 17.20% | 39.92% | 54.32% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| B2B Revenue as % of Total Revenue % |
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| B2C Return Rate (by value) % |
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| Gross B2C Orders count |
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| Manufactured Goods as % of Revenue from Operations % |
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| Top 10 B2B Customers as % of B2B Revenue % |
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| Capacity Utilization - Unit I (Surat) % |
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| Total Installed Capacity (Unit I + Unit II) pcs |
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| Capacity Utilization - Unit II (Jaipur) % |
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Extracted by Screener AI
Documents
Announcements
- Outcome Of The Audited Financial Results For F.Y.2025-26 17 Jul
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Board Meeting Outcome for Outcome Of Board Meeting (Regulation 30 & 33 Of SEBI (Listing Obligation And Disclosure Requirements) Regulation, 2015
17 Jul - Board approved FY2026 standalone audited results with unmodified auditor opinion; also approved filing authorizations.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
17 Jul - Certificare under regulation 74(5) of SEBI (Despositaries and Participants) Regulations, 2018 for quarter ended June 30, 2026
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Board Meeting Intimation for Intimation Of Board Meeting Pursuant To Regulation 29 Of SEBI (LODR)Regulations, 2015 Will Be Held On Friday, 17Th July, 2026
14 Jul - Board meets 17 July 2026 to approve FY26 audited results and routine filing/banking authorisations.
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Disclosure Under Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations 2011
25 Jun - Promoter Vikesh Lunawat bought 56,000 shares on 19-06-2026, raising stake to 68.99%.
Business Profile:[1]
Rajnandini Fashion India Limited is
engaged in the design, manufacturing
and sale of women’s apparel across ethnic
and casual wear categories through both
B2C and B2B channels. The co. operates
through online marketplaces, its own website
and wholesale fabric/apparel trading operations.