---
title: "Ratan Glitter Industries Ltd (512397) — Share Price, Financials & Analysis"
symbol: "512397"
company: "Ratan Glitter Industries Ltd"
canonical: "https://tapetide.com/stocks/512397"
isin: "INE348E01017"
bse_code: "512397"
generated_at: "2026-10-13T10:58:41.380Z"
---

# Ratan Glitter Industries Ltd (512397)

Canonical page: https://tapetide.com/stocks/512397

## Company

- **BSE Code:** 512397
- **ISIN:** INE348E01017
- **Stock Type:** EQUITY
- **Listed Since:** 2011-06-22
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** ratanglitter.com

## About

Ratan Glitter Industries Ltd. is engaged in manufactures of textile products. The company produces metallic yarn, glitter powder, ribbon, and fabrics.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 85% | -46% | — |
| revenue growth | -7% | 2% | 24% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0.39 | 0.11 | 0.05 | 0.33 | 0.09 | 0.04 | 0.05 |
| Expenses | 2.62 | 0.52 | 0.34 | 0.21 | 0.21 | 0.2 | 0.12 | 0.13 |
| Operating Profit | -2.62 | -0.13 | -0.23 | -0.16 | 0.12 | -0.11 | -0.08 | -0.08 |
| OPM % | — | -33.33 | -209.09 | -320 | 36.36 | -122.22 | -200 | -160 |
| Other Income | 0.05 | 0 | 0 | 0.05 | 0 | 0 | 0.02 | 0 |
| Interest | 0.08 | 0.12 | 0.01 | 0.01 | 0.07 | 0.01 | 0 | 0 |
| Depreciation | 2.44 | 0 | 0 | 0 | 0.64 | 0 | 0 | 0 |
| Profit before tax | -5.09 | -0.25 | -0.24 | -0.12 | -0.59 | -0.12 | -0.06 | -0.08 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -5.08 | -0.25 | -0.24 | -0.12 | -0.59 | -0.12 | -0.06 | -0.08 |
| EPS in Rs | -205.25 | -10.1 | -9.7 | -4.85 | -23.84 | -4.85 | -2.42 | -3.23 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1.26 | 0.79 | 1.53 | 2.25 | 4.26 | 4.05 | 7.27 | 4.47 | 0.51 |
| Expenses | 1.11 | 0.51 | 1.14 | 2.1 | 3.38 | 3.47 | 4.43 | 6.06 | 0.66 |
| Operating Profit | 0.15 | 0.28 | 0.39 | 0.15 | 0.88 | 0.58 | 2.84 | -1.59 | -0.15 |
| OPM % | 11.9 | 35.44 | 25.49 | 6.67 | 20.66 | 14.32 | 39.06 | -35.57 | -29.41 |
| Other Income | 0.01 | 0 | 0 | 0.23 | 0.17 | 0.37 | 0.21 | 0.2 | 0.02 |
| Interest | 0.09 | 0.1 | 0.2 | 0.17 | 0.75 | 0.72 | 0.2 | 0.23 | 0.08 |
| Depreciation | 0.08 | 0.15 | 0.15 | 0.13 | 3.01 | 2.43 | 2.79 | 2.44 | 0.64 |
| Profit before tax | -0.01 | 0.03 | 0.04 | 0.08 | -2.71 | -2.2 | 0.06 | -4.06 | -0.85 |
| Tax % | 0 | 66.67 | 25 | 37.5 | 0 | 0 | 250 | 21.18 | — |
| Net Profit | -0.01 | 0.01 | 0.03 | 0.05 | -2.71 | -2.2 | -0.09 | -4.93 | -0.85 |
| EPS in Rs | -0.4 | 0.4 | 1.21 | 2.02 | -109.49 | -88.89 | -3.64 | -199.19 | -34.34 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 |
| Reserves | 0.02 | 0.03 | 0.06 | 0.11 | -2.6 | -4.8 | -4.89 | -9.82 |
| Borrowings | 3.54 | 4.33 | 8.29 | 26.08 | 35.61 | 36.54 | 36.04 | 35.85 |
| Other Liabilities | 0.56 | 0.8 | 1.18 | 2.3 | 3.2 | 3.44 | 3.37 | 3.43 |
| Total Liabilities | 4.37 | 5.41 | 9.78 | 28.74 | 36.46 | 35.43 | 34.77 | 29.71 |
| Fixed Assets | 1.05 | 1.55 | 0.72 | 22.31 | 26.18 | 22.65 | 20.18 | 17.81 |
| CWIP | 0 | 0 | 3.41 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 3.32 | 3.86 | 5.65 | 6.43 | 10.28 | 12.78 | 14.59 | 11.9 |
| Total Assets | 4.37 | 5.41 | 9.78 | 28.74 | 36.46 | 35.43 | 34.77 | 29.71 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.43 | 0.08 | — | 2.23 | — | — | — | 0.15 |
| Cash from Investing Activity | -0.74 | -0.65 | — | -17.55 | — | — | — | -0.07 |
| Cash from Financing Activity | 0.32 | 0.68 | — | 15.46 | — | — | — | -0.38 |
| Net Cash Flow | 0.01 | 0.11 | — | 0.14 | — | — | — | -0.3 |
| Free Cash Flow | -0.31 | -0.57 | — | -16.07 | — | — | — | 0.08 |
| CFO/OP | 293 | 32 | — | 1513 | — | — | — | -65 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 139.05 | 258.73 | 140.75 | 107.07 | 85.68 | 104.54 | 80.33 | 91.45 |
| Inventory Days | 952.17 | 2567.59 | 2176.73 | 780.19 | 1130.65 | 1615.79 | 1280.09 | 704.05 |
| Days Payable | 264.49 | 830.69 | 311.91 | 392.38 | 497.42 | 701.07 | 396.06 | 193.38 |
| Cash Conversion Cycle | 826.73 | 1995.63 | 2005.57 | 494.88 | 718.91 | 1019.27 | 964.35 | 602.12 |
| Working Capital Days | 790.83 | 1353.73 | 1049.67 | 635.91 | 581.77 | 815.62 | 536.2 | 734.9 |
| ROCE % | — | 3.09 | 3.63 | 1.43 | -6.47 | -4.54 | 0.82 | -13.28 |

## Shareholding Pattern

### annual

| Category | Dec 2025 |
| --- | --- |
| Promoters | 70.14% |
| FIIs | 3.21% |
| DIIs | 10.16% |
| Public | 16.49% |
| No. of Shareholders | 31378 |

### Quarterly

| Category | Sep 2025 | Dec 2025 |
| --- | --- | --- |
| Promoters | 70.14% | 70.14% |
| FIIs | 3.36% | 3.21% |
| DIIs | 10.95% | 10.16% |
| Public | 15.55% | 16.49% |
| No. of Shareholders | 40361 | 31378 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 4 / 6 / 9

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 446.99 | Buy |
| EMA (10) | 446.89 | Buy |
| SMA (20) | 451.09 | Sell |
| EMA (20) | 448.58 | Buy |
| SMA (50) | 449.46 | Buy |
| EMA (50) | 453.91 | Sell |
| SMA (100) | 466.2 | Sell |
| EMA (100) | 467.53 | Sell |
| SMA (200) | 499.28 | Sell |
| EMA (200) | 487.58 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 50.67 | Neutral |
| MACD (12,26,9) | -1.94 | Sell |
| Stochastic (14,3,3) | 48.39 | Neutral |
| ADX (14) | 23.15 | Neutral |
| Williams %R (14) | -26.69 | Neutral |
| ATR (14) | 10.12 | Neutral |
| ROC (12) | -0.39 | Sell |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 48.03 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-02-18 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9d122d2e-9b83-449e-ad59-214cc5f724d3.pdf) |
| 2026-02-17 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a6d148c0-a8f4-4b6c-aa9e-f84ce6d552da.pdf) |
| 2026-02-10 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/xml-data/corpfiling/AttachHis/39411411-d658-4c56-b245-35c4daf46c50.pdf) |
| 2026-02-10 | [Code For Fair Disclosure Of Unpublished Price Sensitive Information](https://www.bseindia.com/xml-data/corpfiling/AttachHis/415da61e-ead4-40e7-aba3-ea25e0571fe6.pdf) |
| 2026-02-10 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bc763754-80f3-4c77-bcdb-c2bf558db70c.pdf) |
| 2026-02-10 | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report](https://www.bseindia.com/xml-data/corpfiling/AttachLive/51f1cdd0-ce60-4913-832e-8f11d4c3aec9.pdf) |
| 2015-10-21 | [Shareholding Pattern for September 30, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=EADE64D3_60D0_4BEE_8EB7_433C4E986E2F_121737.pdf) |
| 2015-10-21 | [Shareholding Pattern for September 30, 2015](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2015/10/EADE64D3_60D0_4BEE_8EB7_433C4E986E2F_121737.pdf) |
| 2015-07-30 | [Shareholding Pattern For June 30, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=D019D3CE_2A8C_4912_8DD1_B3013C1C75D2_103654.pdf) |
| 2015-07-30 | [Shareholding Pattern For June 30, 2015](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2015/7/D019D3CE_2A8C_4912_8DD1_B3013C1C75D2_103654.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Feb 2026 | [Concall - Feb 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a6d148c0-a8f4-4b6c-aa9e-f84ce6d552da.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6ab17f15-dbe5-4e1c-93ae-4dc5604176b8.pdf) |
| Sep 2025 | [Concall - Sep 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4fa1dab0-2c82-45e3-bb68-365992bd5099.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2024-12-18 | Credit rating update — CRISIL |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:58:41.380Z.