Annual reportSep 2026
Sep 2026 · General Updates 11 Sep - RNFI shares FY2025-26 annual report link; 11th AGM set for Sept. 26, 2026 via VC/OAVM.
Source: Nse
RNFI Services Ltd. (RNFI)
SME CapFinancial Services stocks · SME cap · NSE
RNFI Services Ltd. operates in Services, within the Financial Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹313.45
-15.55 · -4.73%
Market cap ₹796 Cr
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 12:48 am IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Financial Services P/E 17.0 (n=243)
Technical timing lens
Trend score and candlestick chart
54NeutralSMA20 +4.5% / mo · MACD −
Stock trend: 60
Sector RS: 44
Sector 3M: -5.8% vs Nifty 500 -5.6%
Financial Services FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
RNFID candles · FIT view+12.3%Latest close ₹313.45 on 2026-10-19
Bar
-4.5%
RSI
47
MACD hist
-1.02
52W pos
57%
2026-10-19O ₹328.10H ₹328.10L ₹312.00C ₹313.45Vol 11,400 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
RNFINifty Financial ServicesNifty 500
- RNFI
- +26.6%
- Nifty 500
- -5.6%
- Nifty Financial Services
- -6.0%
- Vs Nifty 500
- +32.2 pp
Chart stats
19 Oct 2026- From 52W high
- -19.2%
- 52W range position
- 57%
- ATR (14)
- 4.0%
- Volume vs 20D
- 0.59x
- Avg traded value
- ₹0.6 Cr
- 20D price channel
- ₹285 - ₹338.8
₹388
₹216 - ₹388
₹12.6
Latest completed session
20-session average
42.3% annualized volatility
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 consistent.
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 VALUE52
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue +8.1% · PAT -12.3% YoY
Technical
Neutral54
Price trend and sector-relative-strength timing.
Valuation
Legacy model-8.6%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence73
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 30 Jun 2026
Bad · 0/100PAT -12% YoY · margin compression · Rev +8% YoY · +13% QoQ
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹269.9 Cr | +8.1% | +12.8% |
| EBITDA | ₹10.6 Cr | -9.9% | -33.4% |
| Operating margin | 3.9% | -79 bps | -273 bps |
| PAT | ₹5.1 Cr | -12.3% | -39.5% |
| PAT margin | 1.9% | -44 bps | -162 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 28.00
- P/B
- 4.62
- EV/EBITDA
- 11.15
- Market Cap
- 796.00Cr
Profitability
- ROE
- 23.00%
- ROCE
- 27.30%
- ROA
- 8.86%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 49.00%
- EPS 5Y
- 34.00%
- Revenue 3Y
- -3.00%
- EPS 3Y
- 82.00%
Balance Sheet
- Debt/Equity
- 0.17
- Interest Coverage
- 28.50×
- Altman Z
- 6.49
- Book Value
- 67.70
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 2/5
- OCF
- -17.00 Cr
- EPS TTM
- 11.32
Shareholding
- Promoter Hold
- 64.35%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 56%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 270+12.8% vs prev
Net Profit
₹ CrLatest: 5.1-39.5% 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 uptrend intact. RSI 47. Wait for confirmation.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 rising (~4.3% over last month) — short-term momentum positive.
- RSI(14) at 47 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 19% off 52W high · 45% 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
66
RS percentile
Stage 2 UptrendRecent S2
1M return
-1.8%
3M return
+26.6%
6M return
+7.9%
1Y return
-12.2%
RS 1D
-1
RS 20D
+6
Sector rank
#10
Industry rank
#16
Stage evidence
- Price is 11.4% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +2.7%.
- Both 3-month and 6-month returns are positive.
50-DMA
price above
200-DMA
price above
S2 entered
24 Sept 2026
S2 age
17 trading sessions
Sector
weakening
Industry
leading
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 90.74-3.74%
RS vs Nifty 50091
Valuation & peers
U-Score 52 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 52 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Premium Compounder
Fundamental score breakdown
U band · FAIR VALUEValuation1/30
Growth21/25
Quality16/20
Balance Sheet10/15
Cash Flow1/10
Piotroski
5/9 (+3)
Penalties
0
Raw sum
52
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
52/100 · legacy band FAIR VALUE
Positive drivers
- Growth contributes 21/25 to the score.
- Quality contributes 16/20 to the score.
- Balance sheet contributes 10/15 to the score.
Main drags
- Fair-value margin of safety is negative at -8.6%.
- Valuation is weaker at 1/30; verify the latest quarterly trend.
- Cash flow is weaker at 1/10; 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
28.0
PB
4.6
EV/EBITDA
11.2
ROE
23.0%
ROCE
27.3%
FCF Yield
—
Debt/Equity
0.2
MoS
-8.6%
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: 20 Oct 2026
v4.3-runtime-valuation
Final score
52
Previous: 52
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
-8.6%
Previous: -8.6%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
52
52
52
52
52
52
52
52
52
52
52
52
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
₹131.31
-138.7% MoS
Growth-justified P/E
25.5
Growth-justified Value
₹288.66
-8.6% MoS
PEG
0.53
Comparable companies
Peers
Business-comparable peers in Financial 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
AKIKO
SME
Akiko Global Services Ltd.
Financial Services
match 86
52
24.0
29.4%
+7%
FAIR VALUE
GCSL
Small
Gretex Corporate Services Limited
Financial Services
match 71
31
62.6
12.7%
-146%
OVERVALUED
HEADSUP
Small
Heads UP Ventures Limited
Financial Services
match 70
4
—
-0.2%
—
OVERVALUED
BLUSPRING
Small
Bluspring Enterprises Limited
Financial Services
match 64
14
142.0
-0.5%
-1982%
OVERVALUED
MOS
SME
Mos Utility Ltd.
Financial Services
match 53
58
8.5
18.8%
+67%
FAIR VALUE
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
Issuer presentation review pending
RNFI Services Ltd. operates in Services, within the Financial Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
73Limited 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 72nd percentile of the scored universe and 84th percentile within Financial Services. Main check: cash conversion is weak at 40/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
7 docs text-extracted · 4 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
72nd percentile
overall median 67 · Financial Services: 84th pctile, median 62 · SME: 90th pctile, median 64
Evidence depth
Financial-only
7 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
78
strong · holding, pledge, alignment
Cash flow
40
weak · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
82
strong · capital discipline
Results
87
strong · quarterly consistency
Trust positives
- ▸Promoter holding is 64.4%.
- ▸Promoter pledge is zero.
- ▸ROCE is 27.3%.
- ▸4/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸Operating cash flow is negative at ₹-17 Cr.
- ▸Promoter holding fell 1%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching RNFI Services Ltd.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Concall transcriptAug 2026
Aug 2026 · Transcript
Source: Nse
Investor presentationAug 2026
Aug 2026 · PPT
Source: Nse
Investor presentationJun 2026
Jun 2026 · PPT
Source: Nse
Concall transcriptJun 2026
Jun 2026 · Transcript
Source: Nse
Credit ratingMay 2026
May 2026 · Credit Rating 1 May 2026 - CARE assigned RNFI Services an issuer rating of BBB- with stable outlook.
Source: Nse
Credit ratingApr 2026
Apr 2026 · General Updates 27 April 2026 - RNFI Services held EGM on April 27, 2026; special resolution to alter object clause passed.
Source: Nse
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Nse
Investor presentationFeb 2026
Feb 2026 · PPT
Source: Nse
Concall transcriptFeb 2026
Feb 2026 · Transcript
Source: Nse
Investor presentationNov 2025
Nov 2025 · PPT
Source: Nse
Concall transcriptNov 2025
Nov 2025 · Transcript
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.