What is the Share Price of RattanIndia Enterprises Ltd?
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The share price of RattanIndia Enterprises Ltd for NSE is ₹ 47.92 and for BSE is ₹ 47.94.
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As of the latest trading session, RATTANINDIA ENT LIMITED share price is currently at ₹ 47.92, which is down by ₹ -0.61 from its previous closing. Today, the stock has fluctuated between ₹ 47.60 and ₹ 49.09. Over the past year, RATTANINDIA ENT LIMITED has achieved a return of -36.56 %. In the last month alone, the return has been 8.76 %. Read More...
Particulars | DEC 2024 (Values in Cr) |
---|---|
Revenue | 5.15 |
Operating Expense | 188.53 |
Net Profit | -158.23 |
Net Profit Margin (%) | -3072.42 |
Earnings Per Share (EPS) | -1.15 |
EBITDA | -172.54 |
Effective Tax Rate (%) | 13.66 |
Company Name | Price | P/E | P/B | Market Cap | 52 Week Low/High |
---|---|---|---|---|---|
KESORAM INDUSTRIES LTD | 4.83 | 0.00 | 0.33 | 150.07 | 2.94 / 11.79 |
MODI RUBBER LTD | 147.20 | 16.41 | 0.66 | 368.59 | 86.05 / 163.90 |
THOMAS COOK (INDIA) LTD | 146.40 | 26.62 | 4.16 | 6893.88 | 118.10 / 264.00 |
RAIN INDUSTRIES LIMITED | 150.00 | 0.00 | 0.76 | 5045.25 | 117.30 / 196.95 |
Company Name | Price | P/E | P/B | Market Cap | 52 Week Low/High |
---|---|---|---|---|---|
FGP LTD. | 11.05 | 0.00 | 3.92 | 13.14 | 6.84 / 14.18 |
KESORAM INDUSTRIES LTD | 4.83 | 0.00 | 0.27 | 150.07 | 2.94 / 11.79 |
MPIL CORPORATION LTD. | 645.05 | 0.00 | 2.93 | 36.77 | 506.00 / 787.35 |
MODI RUBBER LTD | 147.20 | 34.15 | 1.37 | 368.59 | 86.05 / 163.90 |
In Q2 (September 2024), RattanIndia Enterprises posted sales of ₹1,801 crore, marking an 11.52% YoY growth compared to ₹1,615 crore in Q2 of the previous year. Despite the growth, the company faced a pre-tax loss of ₹270 crore, a significant decline from a profit of ₹142 crore in the same period last year. Net loss stood at ₹242 crore, highlighting operational and financial challenges. The quarter also showed declining profitability compared to Q1 of this year, where profits were higher at ₹1,005 crore, indicating the need for better cost management and performance stability. RattanIndia Enterprises’s share price movements were reflective of these results.
In FY24, RattanIndia Enterprises reported sales of ₹5,610 crore, a robust 36.03% growth over ₹4,123 crore in FY23. The company recorded a pre-tax profit of ₹453 crore, a significant turnaround from a loss of ₹273 crore in the previous fiscal year. Net profit for the year also improved sharply to ₹424 crore, compared to a net loss of ₹286 crore in FY23. These results reflect the company’s efforts to strengthen its financial performance and operational efficiency, though sustained focus is required to maintain profitability and overcome market volatility. However, RattanIndia Enterprises’s share price CAGR for the previous 1-year period stood at -19%.
RattanIndia Enterprises did not announce any dividend payouts for FY24, keeping the dividend payout ratio at 0%. This decision aligns with the company’s priority to retain earnings for reinvestment in core business areas and manage its financial recovery. Despite the improved profitability in FY24, the absence of dividends indicates a cautious approach to balancing growth initiatives and shareholder expectations.
RattanIndia Enterprises Limited (formerly known as Indiabulls Infrastructure & Power Limited) was incorporated on November 9, 2010. In November 2011, pursuant to the Scheme of Arrangement, the Power Business Undertaking of Indiabulls Real Estate Limited (IBREL) got demerged into the Company effective April 1, 2011. In period 2014-15, the Company changed the name from 'Indiabulls Infrastructure & Power Limited' to 'RattanIndia Infrastructure Limited' on November 3, 2014 and from RattanIndia Infrastructure Limited to RattanIndia Enterprises Limited on April 07, 2021. The Company is into the business of manpower/human resource supply and consultancy, payroll management services, technology business and other related activities.
During the financial year 2020-21, the Company entered into the business of manpower/human resource supply and consultancy,
payroll management services and other related activities. A wholly owned subsidiary of the Company by the name Neotec Enterprises Limited' was incorporated w.e.f. March 17, 2021. Further on June 19, 2021 the Company acquired 100% stake in RattanIndia Investment Manager Private Limited thus making it a wholly owned subsidiary of the Company.
During the financial year 2022-23, Neosky India Limited, a wholly owned subsidiary of Company in Throttle Aerospace Systems Private
Limited (TAS) acquired 60% equity stake in TAS and subsequent to the said investment, TAS became a step-down subsidiary of
the Company. The Company had acquired 66.16% of the Equity Share Capital of Revolt, resulting in an increase in the Company's stake in Revolt from 33.84% to 100%. Consequent to the acquisition, Revolt became a wholly owned subsidiary of the Company. The Company further acquired 100% Equity Share Capital of Neobrands Limited, making it a wholly owned subsidiary of the Company.
Following the acquisition, FY2024 saw the launch of a new model, RV400 BRZ, featuring an operational range of 150 km and available in 5 colors. The Company also introduced four new colour variants for the existing RV400 model. Revolt also introduced its first company owned, company operated (COCO) store in New Delhi in FY24. Revolt has made significant strides in expanding its dealership network, demonstrating aggressive growth over the past year. The number of dealer stores increased to 115, marking a fourfold increase year-over-year in 2024.
The Company entered into a Business Transfer Agreement with RattanIndia Technologies Private Limited to purchase its Technology
Segment and is providing services to the Company's subsidiaries to develop their technology platforms in FY24. It also established the first company-owned, company operated (COCO) store in Karol Bagh, New Delhi in 2024. Additionally, it has launched drones with wireless charging stations, providing greater convenience and operational efficiency.
The share price of RattanIndia Enterprises Ltd for NSE is ₹ 47.92 and for BSE is ₹ 47.94.
The market cap of RattanIndia Enterprises Ltd for NSE is ₹ 6,623.83 Cr. and for BSE is ₹ 6,626.60 Cr. as of now.
The 52 Week High and Low of RattanIndia Enterprises Ltd for NSE is ₹ 92.10 and ₹ 37.42 and for BSE is ₹ 92.10 and ₹ 37.45.
You can trade in RattanIndia Enterprises Ltd shares with Bajaj Broking by opening a Demat Account.
The 1 year returns on the stock has been -36.56%.
RattanIndia Enterprises Ltd share price is for NSE ₹ 47.92 & for BSE ₹ 47.94 as on May 20 2025 02:19 PM.
The market cap of RattanIndia Enterprises Ltd for NSE ₹ 6,623.83 & for BSE ₹ 6,626.60 as on May 20 2025 02:19 PM.
As on May 20 2025 02:19 PM the price-to-earnings (PE) ratio for RattanIndia Enterprises Ltd share is 17.65.
As on May 20 2025 02:19 PM, the price-to-book (PB) ratio for RattanIndia Enterprises Ltd share is 11.33.
You can trade in RattanIndia Enterprises Ltd shares with Bajaj Broking by opening a demat account.
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