RNFI Services Ltd
Incorporated in 2015, RNFI Services Ltd is a fintech firm that offers B2B and B2B2C solutions through its online portal and mobile application.[1]
- Market Cap ₹ 538 Cr.
- Current Price ₹ 216
- High / Low ₹ 321 / 110
- Stock P/E 58.9
- Book Value ₹ 39.7
- Dividend Yield 0.00 %
- ROCE 41.4 %
- ROE 46.9 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 45.1%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.7.60 Cr.
* 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
Sector: E-Commerce/App based Aggregator Industry: Miscellaneous
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 134 | 152 | 145 | 146 | |
| 125 | 146 | 137 | 137 | |
| Operating Profit | 9 | 6 | 7 | 9 |
| OPM % | 7% | 4% | 5% | 6% |
| 2 | 2 | 3 | 8 | |
| Interest | 0 | 0 | 1 | 2 |
| Depreciation | 0 | 1 | 1 | 2 |
| Profit before tax | 10 | 7 | 8 | 12 |
| Tax % | 27% | 27% | 24% | 23% |
| 7 | 5 | 6 | 9 | |
| EPS in Rs | 720.00 | 538.00 | 633.00 | 5.02 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 3% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 8% |
| TTM: | 45% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 45% |
| Last Year: | 47% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Sep 2024 | |
|---|---|---|---|---|
| Equity Capital | 0.10 | 0.10 | 0.10 | 25 |
| Reserves | 8 | 13 | 19 | 74 |
| 16 | 5 | 14 | 18 | |
| 77 | 81 | 65 | 94 | |
| Total Liabilities | 101 | 99 | 99 | 211 |
| 7 | 7 | 15 | 40 | |
| CWIP | 3 | 4 | 1 | 0 |
| Investments | 3 | 3 | 20 | 6 |
| 88 | 85 | 64 | 165 | |
| Total Assets | 101 | 99 | 99 | 211 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 23 | 1 | -22 | 28 | |
| -9 | -0 | -12 | -18 | |
| 14 | -12 | 9 | 12 | |
| Net Cash Flow | 28 | -11 | -25 | 23 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 14 | 18 | 13 | |
| Inventory Days | 41 | 18 | 11 | |
| Days Payable | 37 | 33 | 5 | |
| Cash Conversion Cycle | 19 | 4 | 20 | |
| Working Capital Days | -147 | -151 | -83 | |
| ROCE % | 37% | 36% |
Documents
Announcements
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
7 April 2025 - Submission of SEBI Reg 74(5) certificate for quarter ended March 31, 2025
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Trading Window
31 March 2025 - Closure of trading window for insiders as per SEBI regulations.
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Trading Window-XBRL
31 March 2025 - RNFI Services Limited has informed about Closure of Trading Window
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Acquisition-XBRL
28 March 2025 - RNFI Services Limited has informed regarding Acquisition
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Updates
27 March 2025 - RNFI to acquire 100% stake in Payworld Digital and subsidiary, and advance Rs12 Cr loan
Annual reports
Concalls
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Nov 2024TranscriptNotesPPT
Business Overview:[1]
RNFISL operates as a business correspondent for various banks and payment banks. It offers services such as domestic money transfers, IMPS, Aadhaar Enabled Payment System (AEPS), mobile recharges, railway and air ticket bookings, cash management, EMI collection, and related services through a nationwide network of retailers, distributors, partners, and super distributors.