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 ₹ 718 Cr.
- Current Price ₹ 283
- High / Low ₹ 404 / 216
- Stock P/E 37.2
- 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
- Promoter holding has decreased over last quarter: -0.76%
* 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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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 | TTM | |
|---|---|---|---|---|---|---|---|
| 134 | 152 | 145 | 146 | 275 | 289 | 301 | |
| 125 | 146 | 137 | 137 | 251 | 253 | 265 | |
| Operating Profit | 9 | 6 | 7 | 9 | 25 | 36 | 36 |
| OPM % | 7% | 3.7% | 5% | 6% | 9% | 13% | 12% |
| 2 | 2 | 3 | 7 | 7 | 5 | 5 | |
| Interest | 0 | 0 | 1 | 2 | 2 | 1 | 1 |
| Depreciation | 0 | 1 | 1 | 2 | 11 | 12 | 13 |
| Profit before tax | 10 | 7 | 8 | 12 | 18 | 28 | 27 |
| Tax % | 27% | 27% | 24% | 23% | 23% | 27% | |
| 7 | 5 | 6 | 9 | 14 | 20 | 19 | |
| EPS in Rs | 720.00 | 538.00 | 633.00 | 5.05 | 5.66 | 8.03 | 7.70 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 26% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 47% |
| TTM: | 22% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -8% |
| 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 | 7 | |
| Days Payable | 37 | 33 | 5 | 141 | 1 | |
| Cash Conversion Cycle | 19 | 4 | 20 | -61 | 23 | 39 |
| Working Capital Days | -191 | -153 | -90 | -113 | -37 | 23 |
| ROCE % | 37% | 36% | 31% | 23% | 20% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Total Partners / Clients count |
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| Active Sahayaks (Merchant Touchpoints) count |
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| Average Revenue Per Sahayak (ARPU per month) INR per month |
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| AePS Throughput Volume INR Crore |
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| DMT Throughput Volume INR Crore |
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| Sahayaks with 4 or more Products (Cross-sell Depth) count |
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Extracted by Screener AI
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
- RNFI Services filed transcript of Q1 FY27 earnings call held August 10, 2026.
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Analysts/Institutional Investor Meet/Con. Call Updates
- RNFI Services uploaded video recording of its August 10, 2026 earnings conference call.
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Copy of Newspaper Publication
- RNFI Services Limited has informed about Copy of Newspaper Publication
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Investor Presentation
- RNFI issued Q1 FY27 earnings presentation; revenue rose 8% to ₹269.9 Cr, PAT up 12% to ₹5.1 Cr.
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General Updates
- RNFI approved Q1 FY27 results, allotted 296,292 warrant-conversion shares, planned 75% Ambition Services acquisition, and fixed AGM for Sept 19, 2026.
Annual reports
Concalls
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Aug 2026Transcript PPT REC
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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.