Investor presentationMay 2026
May 2026 · PPT
Source: Nse
Rapid Fleet Management Services Ltd. (RAPIDFLEET)
SME CapServices stocks · SME cap · NSE
Rapid Fleet Management Services Limited is a Chennai-headquartered B2B road transportation company providing pan-India full truckload (FTL) and project logistics services to corporate customers across industries including FMCG, tyres, automotive, electronics, white goods, building materials and renewable energy. It is listed on the NSE Emerge (SME) platform.
Data qualityFresh enough for analysisQuote updated 21 Oct, 04:45 am ISTDetails
Quote21 Oct, 04:45 am IST
Base fundamentals05 Oct 2026 · screener
Latest result22 May, 12:52 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Services P/E 17.7 (n=143)
Technical timing lens
Trend score and candlestick chart
50NeutralSMA20 -9.1% / mo · MACD +
Stock trend: 50
Sector RS: —
Services FPI tailwindFlow only
FPI equity flow was positive in both fortnights, but exact sector-index confirmation is unavailable. View sector evidence
Technical chart
RAPIDFLEETD candles · FIT view+5.8%Latest close ₹208.50 on 2026-10-19
Bar
+0.2%
RSI
52
MACD hist
0.54
52W pos
58%
2026-10-19O ₹208.00H ₹208.50L ₹208.00C ₹208.50Vol 5,400 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
RAPIDFLEETNifty 500
- RAPIDFLEET
- +14.6%
- Nifty 500
- -5.6%
- Vs Nifty 500
- +20.2 pp
Chart stats
19 Oct 2026- From 52W high
- -14.9%
- 52W range position
- 58%
- ATR (14)
- 2.7%
- Volume vs 20D
- 0.70x
- Avg traded value
- ₹0.2 Cr
- 20D price channel
- ₹194.6 - ₹215.7
₹244.9
₹158 - ₹244.9
₹5.6
Latest completed session
20-session average
51.5% annualized volatility
No exact NSE sector index is mapped for this company. Nifty 500 remains the broad-market comparison.
Research snapshot
What the evidence says now
Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · FAIR VALUE58
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Pending data—
Revenue NDF · PAT NDF YoY
Technical
Neutral50
Price trend and sector-relative-strength timing.
Valuation
Legacy model+53.2%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence70
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 31 Mar 2026
Pending dataYoY comparison unavailable - result verdict pending data
Filed 31 Mar 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹129 Cr | NDF | +72.0% |
| EBITDA | ₹17 Cr | NDF | +70.0% |
| Operating margin | 13.0% | NDF | +0 bps |
| PAT | ₹8 Cr | NDF | +100.0% |
| PAT margin | 6.2% | NDF | +87 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 12.20
- P/B
- 1.81
- EV/EBITDA
- 4.46
- Market Cap
- 148.00Cr
Profitability
- ROE
- 16.10%
- ROCE
- 19.00%
- ROA
- 9.09%
- Dividend Y
- 0.60%
Growth (CAGR)
- Revenue 5Y
- 23.00%
- EPS 5Y
- 23.00%
- Revenue 3Y
- 25.00%
- EPS 3Y
- 36.00%
Balance Sheet
- Debt/Equity
- 0.21
- Interest Coverage
- 13.50×
- Altman Z
- 4.97
- Book Value
- 110.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 2/5
- OCF
- 8.00 Cr
- EPS TTM
- 16.77
Shareholding
- Promoter Hold
- 67.54%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 47%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 129+72.0% vs prev
Net Profit
₹ CrLatest: 8.0+100.0% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend unclear. RSI 52. Wait for confirmation.
- SMA20 falling (~10.0% over last month) — short-term momentum negative.
- RSI(14) at 52 — rising, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 15% off 52W high · 32% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
71
RS percentile
Stage 2 UptrendRecent S2
1M return
-0.4%
3M return
+12.0%
6M return
+3.7%
1Y return
-
RS 1D
0
RS 20D
+4
Sector rank
#12
Industry rank
#40
Stage evidence
- Price is 7.5% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +0.6%.
- Both 3-month and 6-month returns are positive.
50-DMA
price above
200-DMA
price above
S2 entered
09 Oct 2026
S2 age
7 trading sessions
Sector
neutral
Industry
improving
Partial-history RS: the 3M and 6M weights are re-normalised because 12M history is unavailable.
Relative-strength line vs Nifty 500 (base 100)
142 observations
19 Oct 2026Value 112.96+1.77%
RS vs Nifty 500113
Valuation & peers
U-Score 58 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 58 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Growth at Value
Fundamental score breakdown
U band · FAIR VALUEValuation19/30
Growth21/25
Quality9/20
Balance Sheet10/15
Cash Flow2/10
Piotroski
8/9 (+5)
Penalties
-8
Raw sum
58
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
58/100 · legacy band FAIR VALUE
Positive drivers
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 53.2%.
- Growth contributes 21/25 to the score.
Main drags
- Penalty bucket subtracts 8 points.
- Cash flow is weaker at 2/10; verify the latest quarterly trend.
- Quality is weaker at 9/20; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
12.2
PB
1.8
EV/EBITDA
4.5
ROE
16.1%
ROCE
19.0%
FCF Yield
—
Debt/Equity
0.2
MoS
+53.2%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
58
Previous: 58
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+53.2%
Previous: +53.2%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
60
60
60
60
60
60
60
58
58
58
58
58
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹203.73
-2.3% MoS
Growth-justified P/E
26.6
Growth-justified Value
₹445.24
+53.2% MoS
PEG
0.43
Comparable companies
Peers
Business-comparable peers in Services — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
SADHAV
SME
Sadhav Shipping Ltd.
Logistics
match 8
53
12.7
14.7%
+58%
FAIR VALUE
ZEAL
SME
Zeal Global Services Ltd.
Logistics
match 7
61
8.4
12.8%
+69%
UNDERVALUED
PRLIND
SME
Premier Roadlines Ltd.
Logistics
match 6
46
6.8
14.4%
-104%
FAIR VALUE
KLL
SME
Kaushalya Logistics Ltd.
Logistics
match 5
67
6.3
18.2%
+77%
UNDERVALUED
JAYESH
SME
Jayesh Logistics Ltd.
Logistics
match 4
62
10.8
29.0%
+59%
UNDERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Where growth can come from, and what can break the case
Thesis intactReviewed 2026-08-22T07:21:19.498Z
Management commentary snapshot
Rapid Fleet Management Services Ltd. reported strong financial growth for FY26 and H2FY26, with full-year revenue up 18.51% YoY and PAT up 21.3% YoY. H2FY26 saw even higher growth, with revenue up 47.9% YoY and PAT up 155.65% YoY, driven by ODC and existing customer deepening.
The company demonstrated robust financial performance in FY26 and H2FY26, supported by strong execution with existing customers and successful scaling of higher-realization Over-Dimensional Cargo (ODC) movements. Strategic fleet expansion and operational enhancements in the renewable sector position it well for continued growth, aligning with positive industry tailwinds.
Current business mix
Sector-wise Sales Share (%) FY 2025-26
Latest issuer-disclosed distribution across 4 reported categories.
Automobile Industry15.0%
Renewable57.2%
FMCG18.2%
Others9.6%
Growth engines
Over-Dimensional Cargo (ODC) Movements
Scaled up ODC movements relating to renewable energy, adding a higher-realization revenue stream and broadening the addressable market.
Deepening Existing Customer Relationships
Continued strong execution across existing customer base (FMCG, automobile, electronics, white goods, renewables), with relationships deepening further.
Specialized Fleet Composition
Breadth of fleet enables serving general FTL movements as well as specialized project cargo and ODC under a single roof, a key differentiator.
Capacity and execution
Fleet Expansion
Net carrying value of Fleet rose ~40% from X 36.59 Crores (Mar 2025) to X 51.48 Crores (Mar 2026), reflecting calibrated additions across vehicle categories.
Owned Fleet Size
The company's owned fleet now stands at over 250 vehicles, encompassing a comprehensive mix of equipment.
Heavy-Lift Capability
Added 80+ ton hydraulic mobile cranes to the fleet, ensuring critical lifting operations are no longer a bottleneck for project and ODC consignments.
Yard Management
Operationalized and managed a 30-acre yard near Thoothukudi for windmill component logistics, receiving an industry award.
Tailwinds
Government Infrastructure Spending
Sustained government capital expenditure on infrastructure supports India's road logistics sector.
Logistics Policy & PM Gati Shakti
National Logistics Policy and PM Gati Shakti Master Plan provide strong structural tailwinds.
Formalization of Freight Movement
Post-GST formalization continues to shift business from unorganised operators to compliant, asset-backed providers like RFMSL.
Healthy Demand from Core Verticals
Demand from renewables, power, infrastructure, FMCG, tyres, automotive components, and electronics remains healthy.
Management accountability
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Analyst reading lens
Compare YOY
The company operates in B2B road transportation, which can have project-based or seasonal demand fluctuations. Year-over-year comparison provides a clearer picture of underlying business growth and performance trends, especially given the explicit YoY figures provided for both full year and half year.
Sector KPIs management disclosed
Total Trips
The company completed 72,689 total trips in FY26.
Total KM Covered
The company covered over 2.01 Crore kilometers in FY26.
Lanes Operated
The company operated across 2,450 lanes in FY26.
Management forward view
Focus on Wallet Share & ODC Scaling
Company will focus on deepening wallet share with existing marquee B2B customers and scaling its ODC and project cargo franchise.
Calibrated Fleet Expansion
Management plans to continue calibrated fleet expansion supported by GPS-enabled monitoring, route optimisation, and in-house maintenance.
Positioned for Sustained Growth
The company believes it is well-positioned to deliver sustained, profitable growth and consolidate its position as a trusted nationwide partner.
Thesis monitor
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| Renewable Sector Sales Share | 57.2% of sales in FY26 | Continued growth in renewable sector contribution, indicating successful ODC scaling. |
| Fleet Carrying Value Growth | Increased ~40% YoY to X 51.48 Crores in FY26 | Further calibrated additions to fleet, supporting ODC and project cargo expansion. |
| Customer Wallet Share Deepening | Relationships deepening with existing customers | Evidence of increased business volume or new service offerings with existing marquee B2B clients. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trust Score
70Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 63rd percentile of the scored universe and 73rd percentile within Services. Main check: cash conversion is weak at 55/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
1 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
63rd percentile
overall median 67 · Services: 73rd pctile, median 66 · SME: 81st pctile, median 64
Evidence depth
Financial-only
1 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
55
watch · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
58
watch · capital discipline
Results
63
acceptable · quarterly consistency
Trust positives
- ▸Promoter holding is 67.5%.
- ▸Promoter pledge is zero.
- ▸OPM spread across recent quarters is 4%.
Trust risks
- ▸ROCE trend is -8.5%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Rapid Fleet Management Services Ltd.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Nse
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.