Ratnabali Capital Markets Pvt
Ratnabali Capital Markets Pvt
Financial ServicesTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
4- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.52 times its book value
- Company's working capital requirements have reduced from 71.1 days to 31.4 days
Weaknesses
6- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -13.6% over past five years.
- Tax rate seems low
- Company has a low return on equity of 12.7% over last 3 years.
- Earnings include an other income of Rs.7.11 Cr.
- Company's cost of borrowing seems high
Growth Rate
Quarterly Results
| Particulars | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|
| Sales | 14 | 20 | 25 | 27 | 35 | 42 | 51 |
| Expenses | 11 | 17 | 20 | 22 | 28 | 35 | 43 |
| Operating Profit | 3 | 2 | 5 | 5 | 7 | 7 | 8 |
| OPM % | 22% | 12% | 21% | 18% | 20% | 18% | 17% |
| Other Income | 0 | 0 | 0 | 1 | 1 | 1 | 2 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | 3 | 3 | 6 | 6 | 8 | 8 | 10 |
| Tax % | 25% | 26% | 25% | 27% | 25% | 24% | 27% |
| Net Profit | 2 | 2 | 4 | 4 | 6 | 6 | 7 |
| EPS in Rs | 1,611 | 2.49 | 4.36 | 4.48 | 6.13 | 6.65 | 7.4 |
Profit & Loss
| Particulars | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 458 | 962 | 1,246 | 1,129 | 1,004 | 839 | 510 | 344 | 255 | 349 | 403 |
| Expenses | 435 | 939 | 1,221 | 1,126 | 991 | 825 | 500 | 346 | 251 | 306 | 403 |
| Operating Profit | 23 | 23 | 25 | 3 | 13 | 13 | 10 | -2 | 4 | 43 | 0 |
| OPM % | 5% | 2.4% | 2% | 0.2% | 1.3% | 1.6% | 2% | -0.6% | 1.5% | 12% | 0% |
| Other Income | 0 | 0 | 0 | 3 | 0 | 0 | 0 | -3 | 1 | 0 | 7 |
| Interest | 5 | 5 | 5 | 1 | 3 | 4 | 2 | 2 | 4 | 7 | 3 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| PBT | 18 | 18 | 20 | 5 | 10 | 9 | 8 | -8 | 0 | 35 | 4 |
| Tax % | 9% | 11% | 10% | 24% | -2% | -6% | 22% | -18% | 2620% | 2% | 1% |
| Net Profit | 17 | 16 | 18 | 4 | 11 | 10 | 6 | -7 | -1 | 35 | 4 |
| EPS in Rs | 32 | 31.6 | 34.94 | 6.73 | 20.49 | 18.47 | 11.4 | -12.53 | -2.44 | 66.44 | 7.25 |
| Div. Payout % | 16% | 19% | 20% | 59% | 24% | 22% | 26% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Reserves | 35 | 48 | 62 | 63 | 71 | 78 | 82 | 75 | 74 | 109 | 112 |
| Borrowings | 63 | 37 | 0 | 0 | 15 | 49 | 12 | 18 | 38 | 71 | 2 |
| Other Liabilities | 8 | 9 | 11 | 12 | 5 | 10 | 7 | 4 | 10 | 6 | 5 |
| Total Liabilities | 111 | 99 | 78 | 80 | 96 | 142 | 106 | 103 | 128 | 191 | 124 |
| Fixed Assets | 1 | 1 | 1 | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 2 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 12 | 11 | 10 | 26 | 14 | 19 | 49 | 44 | 62 | 70 |
| Other Assets | 109 | 85 | 66 | 68 | 67 | 126 | 85 | 51 | 81 | 128 | 53 |
| Total Assets | 111 | 99 | 78 | 80 | 96 | 142 | 106 | 103 | 128 | 191 | 124 |
Cash Flow
| Particulars | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -41 | 9 | 26 | -11 | -13 | -45 | 44 | 34 | -31 | -13 | 78 |
| Investing | 41 | 5 | 25 | 9 | 14 | 16 | -3 | -35 | 13 | -14 | -7 |
| Financing | 6 | -35 | -45 | -1 | 10 | 28 | -41 | 2 | 17 | 27 | -72 |
| Net Cash Flow | 7 | -21 | 5 | -3 | 11 | 0 | 0 | 1 | 0 | 0 | 0 |
| Free Cash Flow | -41 | 8 | 25 | -12 | -14 | -45 | 44 | 33 | -31 | -13 | 78 |
| CFO/OP | -174 | 39 | 114 | -423 | -92 | -342 | 445 | -1,730 | -824 | -27 | -87,222 |
Ratios
| Particulars | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 5 | 1 | 2 | 0 | 1 | 9 | 16 | 0 | 12 | 0 | 0 |
| Inventory Days | 47 | 22 | 7 | 10 | 8 | 30 | 20 | 30 | 61 | 123 | 31 |
| Days Payable | 3 | 1 | 0 | 0 | 0 | 0 | 1 | 2 | 1 | 1 | 0 |
| Cash Conversion Cycle | 49 | 22 | 8 | 10 | 9 | 38 | 34 | 28 | 72 | 123 | 30 |
| Working Capital Days | 48 | 22 | 9 | 11 | 10 | 35 | 33 | 28 | 75 | 107 | 31 |
| ROCE % | — | 24% | 32% | 8% | 16% | 11% | 8% | -2% | 4% | 28% | 4% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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56 extracted metrics + investor summaries across FY06–FY26.
Documents
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Company Information
Ratnabali Capital Markets Limited operates as a stock broking company in India. Its products and services comprise equity trading, futures and options trading, currency derivatives trading, depository services, initial public offerings and mutual funds investment, and commodity trading services.
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