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 ₹ 652 Cr.
- Current Price ₹ 260
- High / Low ₹ 404 / 216
- Stock P/E 32.4
- Book Value ₹ 57.6
- Dividend Yield 0.00 %
- ROCE 20.4 %
- ROE 16.1 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 22.8% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Financial Services Financial Services Finance Other Financial Services
Part of Nifty SME Emerge
Quarterly 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 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 134 | 152 | 145 | 146 | 275 | 289 | |
| 125 | 146 | 137 | 137 | 251 | 253 | |
| Operating Profit | 9 | 6 | 7 | 9 | 25 | 36 |
| OPM % | 7% | 4% | 5% | 6% | 9% | 13% |
| 2 | 2 | 3 | 7 | 7 | 5 | |
| Interest | 0 | 0 | 1 | 2 | 2 | 1 |
| Depreciation | 0 | 1 | 1 | 2 | 11 | 12 |
| Profit before tax | 10 | 7 | 8 | 12 | 18 | 28 |
| Tax % | 27% | 27% | 24% | 23% | 23% | 27% |
| 7 | 5 | 6 | 9 | 14 | 20 | |
| EPS in Rs | 720.00 | 538.00 | 633.00 | 5.05 | 5.66 | 8.03 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 26% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 47% |
| TTM: | 43% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 4% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 20% |
| Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.10 | 0.10 | 0.10 | 18 | 25 | 25 |
| Reserves | 8 | 13 | 19 | 11 | 81 | 119 |
| 16 | 5 | 14 | 29 | 15 | 19 | |
| 77 | 81 | 65 | 91 | 97 | 109 | |
| Total Liabilities | 101 | 99 | 99 | 149 | 217 | 272 |
| 7 | 7 | 15 | 31 | 41 | 44 | |
| CWIP | 3 | 4 | 1 | 1 | 0 | 0 |
| Investments | 3 | 3 | 20 | 6 | 17 | 20 |
| 88 | 85 | 64 | 111 | 159 | 208 | |
| Total Assets | 101 | 99 | 99 | 149 | 217 | 272 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 23 | 1 | -22 | 28 | 21 | -3 | |
| -9 | -0 | -12 | -18 | -40 | -16 | |
| 14 | -12 | 9 | 12 | 46 | 20 | |
| Net Cash Flow | 28 | -11 | -25 | 23 | 27 | 1 |
| Free Cash Flow | 13 | -0 | -22 | 9 | 1 | -16 |
| CFO/OP | 283% | 60% | -274% | 338% | 103% | 5% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 14 | 18 | 13 | 61 | 23 | 33 |
| Inventory Days | 41 | 18 | 11 | 19 | ||
| Days Payable | 37 | 33 | 5 | 141 | ||
| Cash Conversion Cycle | 19 | 4 | 20 | -61 | 23 | 33 |
| Working Capital Days | -191 | -153 | -90 | -113 | -37 | 23 |
| ROCE % | 37% | 36% | 31% | 23% | 20% |
Insights
In beta| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Number of Institutional Partners/Clients Number |
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| Active Sahayaks (Agents) Number |
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| Average Revenue Per User (ARPU) Monthly INR |
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| PIN Codes Covered Number |
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Extracted by Screener AI
Documents
Announcements
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Trading Window
25 June 2026 - Trading window closed from July 1, 2026 until 48 hours after Q1 FY27 results.
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Acquisition
25 June 2026 - RNFI approved up to 75% acquisition of Ambition Services for up to ₹4.03 crore, within 18 months.
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Disclosure under SEBI Takeover Regulations
16 June 2026 - Ranveer Khyaliya has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Copy of Newspaper Publication
11 June 2026 - Newspaper publication of postal ballot notice in Financial Express and Jansatta on June 11, 2026.
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Shareholders meeting
10 June 2026 - Postal ballot seeks approval for RNFI ESOP Plan 2026, covering up to 27,84,517 shares.
Annual reports
Concalls
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Jun 2026Transcript PPT
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Feb 2026Transcript PPT
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Nov 2025Transcript PPT
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Nov 2025TranscriptAI SummaryPPT
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Jun 2025TranscriptPPTREC
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May 2025TranscriptPPT REC
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Nov 2024TranscriptAI SummaryPPT
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.