RTNINDIAConsumer Services

RattanIndia Enterprises Limited

E-Retail/ E-Commerce · ISIN INE834M01019 · BSE 534597 · NSE EQ · FV ₹2
Last price
₹26
-1.38%today
What this company does

RattanIndia Enterprises Limited operates in E-Retail/ E-Commerce, part of the Consumer Services sector. It booked ₹1,870 cr of revenue in its latest quarter (Q1 FY27) and kept 0.8% of sales as profit. It is the 8th largest of 9 E-Retail/ E-Commerce companies we track, by market value.

Shaping The Next At the intersection of innovation and opportunity stands RattanIndia Enterprise Ltd, a dynamic force reshaping industries through cutting-edge ventures in e-commerce, retail, electric motorbikes and drone technology. As India accelerates toward a $5 trillion economy, we’re not just adapting to change, we’re driving it.
In the report:
41out of 100
Equitytale Health Score
Strained

Healthier than 41% of companies in Consumer Services, on all six measures of filed financials. Each measure is ranked against the 7–46 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
oversold
RSI (14)
23

At close. Not part of the score.

Profitability & returns33

How much profit it earns on the money it employs

Balance sheet12

How much it owes, and whether earnings cover the interest

Cash quality52

Whether reported profit actually arrives as cash

Growth & consistency58

Whether sales and profit have grown, and how steadily

Valuation48

What today's price implies, against our models or its peers

Governance & risk69

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Some things to watchPriced in line with peers
Strengths
Makes a profit
Promoters hold 75%
Watch-outs
! Thin 0.8% net margin
! Sales down 19% vs last year
! Profit down 97% vs last year
! 14.1% of promoter stake pledged
! Low 7.9% return on equity
! Carries high debt (D/E 1.4)
! Operating cash flow is negative

What if I invest in RTNINDIA?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own revenue trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹26 -1.38%
latest close · 2026-09-17
1-year return
-42.3%
52-wk low ₹2552-wk high ₹66
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio59.9High
LowAverageHigh
P/B ratio4.74High
Below bookModerateHigh
EV / EBITDA28.4High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity7.9%Weak
WeakFairStrong ▸15%
Net margin0.8%Thin
ThinDecentStrong
EBITDA margin2.2%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.38High
LowModerateHigh ▸1
Interest cover2.0×Okay
RiskyOkayStrong ▸5×
More figures
Market cap
₹3,645 cr
Book value
₹6
EPS
₹0.11
latest quarter
Net debt
₹991 cr
owes more than its cash
Enterprise value
₹4,636 cr
EBITDA
₹164 cr
annualised
EBIT
₹151 cr
annualised
Operating margin
2.0%
Return on assets
2.2%
Earnings yield
1.67%
P/S
0.49
Sales / share
₹54.1
Tax rate
70.6%
Face value
₹2
Shares
138.2 cr
Working capital
Current assets
Current liabilities
Delivery %
48.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹0₹0, midpoint ₹0

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹1,870 cr
Other Income₹81.1 L
Total Income₹1,871 cr
Cost of Materials₹23 cr
Purchases of Stock-in-Trade₹1,649 cr
Inventory Change (±)₹-245 cr
Employee Benefit Expense₹40 cr
Finance Costs₹19 cr
Depreciation & Amortisation₹3 cr
Other Expenses₹33 cr
Total Expenses₹1,852 cr
Profit before Tax₹19 cr
Tax Expense₹13 cr
Share of JV / Associates₹9 cr
Net Profit₹15 cr
Net margin on total income0.8%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹1,426 cr75.8%
Employee benefit expense₹40 cr2.1%
Finance costs₹19 cr1.0%
Depreciation & amortisation₹3 cr0.2%
Other expenses₹364 cr19.4%
Tax expense₹13 cr0.7%
Profit for the period₹15 cr0.8%
Total income ₹1,871 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue2,006 cr1,697 cr1,870 cr
Total income2,007 cr1,698 cr1,871 cr
Expenses2,184 cr1,822 cr1,852 cr
Profit before tax-176 cr-123 cr19 cr
Tax-14 cr-13 cr13 cr
Net profit (owners' share)-161 cr-110 cr15 cr
Net margin (owners' share, on revenue)-8.0%-6.5%0.8%
EPS (₹)-1.17-0.800.11
YoY (latest quarter): total income -19.2% · net profit -97.0%
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹2,771 cr
Shareholder equity
₹768 cr
parent shareholders
Total debt
₹1,063 cr
Cash
₹73 cr
Cash flow · H1 FY26
Operating
₹-156 cr
Investing
₹8 cr
Financing
₹151 cr
Peer comparison
E-Retail/ E-Commerce · by market value
CompanyPriceMarket capP/E
ETERNAL LIMITED₹322₹2.97 L cr805.9
Meesho Limited₹207₹95,542 cr
FSN E-Commerce Ventures Limited₹324₹92,748 cr289.1
Swiggy Limited₹277₹72,443 cr
Urban Company Limited₹163₹23,975 cr
Cartrade Tech Limited₹2,938₹14,109 cr68.7
Brainbees Solutions Limited₹169₹8,220 cr
RattanIndia Enterprises Limitedthis company₹26₹3,645 cr59.9
Intrasoft Technologies Limited₹90₹147 cr8.1
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
14.1% pledged
Promoter
74.9%
FII / Foreign
5.4%
DII / Domestic
0.1%
Retail / others
19.6%
Smart-money activity
Insider trades
BoughtRattanIndia Enterprises Limited Employee Welfare Trust · Other3.34 L · ₹1.1 cr28 Mar 23
BoughtRattanIndia Enterprises Limited Employee Welfare Trust · Other7.14 L · ₹2.5 cr23 Mar 23
BoughtRattanIndia Enterprises Limited Employee Welfare Trust · Other2.19 L · ₹79.1 L20 Mar 23
Bulk / block deals
short · NSE1,0008 Sep 26
short · NSE9,0006 Aug 26
short · NSE50024 Jul 26
Stake changes
BoughtRajiv Rattan Family Trust, Rajiv Rattan Family Trust, 2, Anjali nashier Family Trust, Rajiv Rattan Family Trust, 2 · promoter→ 74.86%21 Nov 25
BoughtRajiv Rattan · promoter→ 0.13%21 Nov 25
Promoter pledges
ReleasedIIFL Wealth Prime Limited, the party in whose favor the shares are encumberd5.26 cr · 9.82% held5 Feb 24
PledgedMitcon Credentia Trusteeship Services Ltd1.07 cr · 8.45% held26 Jul 23
ReleasedIIFL Wealth Prime Limited4.25 cr · 11.53% held24 May 23
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 26 Sep 2025
See the official result
1
To consider and adopt the audited standalone financial statements of the Company for the financial year ended March 31, 2025, and the reports of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
3.66 cr votes for, 3,648 against · 0% of mutual funds and other big investors said no
2
To consider and adopt the audited consolidated financial statements of the Company for the financial year ended March 31, 2025, and the reports of the Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
3.66 cr votes for, 3,648 against · 0% of mutual funds and other big investors said no
3
To appoint a director in place of Mr. Rajiv Rattan (DIN: 00010849) who retires by rotation and being eligible, offers himself for re-appointment.
Backed by 97% of shareholders other than promotersneeded 50%
3.56 cr votes for, 10.06 L against · 5% of mutual funds and other big investors said no
4
Re-appointment of M/s. Walker Chandiok & Co LLP, Chartered Accountants (FRN: 001076N/N500013) as Statutory Auditors of the Company.
Backed by 99% of shareholders other than promotersneeded 50%
3.62 cr votes for, 3.83 L against · 2% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 11 named members
owning 74.9% between them · as of 2026-06-30
LAUREL ENERGETICS PRIVATE LIMITED39.31%
ARBUTUS CONSULTANCY LLP27.79%
YANTRA ENERGETICS PRIVATE LIMITED7.58%
RAJIV RATTAN0.13%
RAM KUMAR0.04%
SANTOSH0.02%
ANJALI NASHIER FAMILY TRUSTno shares
ANJALI NASHIER FAMILY TRUST 2no shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.