MarketFriction

Rajasthan Securities Ltd

BSE 526873 · Refineries & Marketing
₹59.20 +0.36%
BSE close2026-10-01
Market cap₹454 Cr.
P/E6.82

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales0.000.000.000.000.000.000.000.000.000.0061.215.02
Expenses0.030.010.030.070.010.010.110.160.1524.173.1114.12
Operating Profit-0.03-0.01-0.03-0.07-0.01-0.01-0.11-0.16-0.15-24.1758.10-9.10
OPM %94.92%-181.27%
Other Income0.000.000.000.000.016.421.809.8446.180.5514.934.72
Interest0.120.130.010.000.000.000.000.080.270.370.070.44
Depreciation0.000.000.000.000.000.000.000.000.000.000.030.05
Profit before tax-0.15-0.14-0.04-0.070.006.411.699.6045.76-23.9972.93-4.87
Tax %0.00%0.00%0.00%0.00%0.00%60.36%0.00%25.17%0.00%16.18%0.00%
Net Profit-0.15-0.14-0.04-0.070.006.410.679.6034.24-23.9961.14-4.87
EPS in Rs-0.28-0.26-0.01-0.010.000.830.091.254.45-3.127.95-0.63
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales000-0-0000006166
Expenses0000000100342
Operating Profit-0-0-0-0-0-0-0-1-0-05825
OPM %-48%-78%-29%94%37%
Other Income0-0000000084766
Interest000000000011
Depreciation000000000000
Profit before tax-0-0-0-0-0-0-0-1-0810490
Tax %0%0%0%0%0%0%0%0%0%13%22%
Net Profit-0-0-0-0-0-0-0-1-078167
EPS in Rs-0.89-0.13-0.17-0.13-0.17-0.19-0.80-1.92-0.070.9110.548.65
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%203%%%
Compounded Profit Growth50%204%201%299%
Stock Price CAGR28%45%91%43%
Return on Equity15%16%18%34%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital555552222232323
Reserves-3-3-3-3-400-0661394
Borrowings000000045000
Other Liabilities1000000000124
Total Liabilities42222225132937141
Fixed Assets000000000000
CWIP000000000000
Investments2222222512283013
Other Assets20000000117127
Total Assets42222225132937141
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0-0-0-0-000-0-1-12-62
Cash from Investing Activity-0000000-3-7-16-263
Cash from Financing Activity000000048170-1
Net Cash Flow00-0-0-00000-0-01
Free Cash Flow2-0-0-0-000-0-1-12-62
CFO/OP-189%44%640%100%38%0%-257%135%139%833%-1,650%-68%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days0000
Inventory Days-4,380-8,7600
Days Payable
Cash Conversion Cycle-4,380-8,76000
Working Capital Days3,8324,380-380616
ROCE %-3%-21%-2%-5%-8%-4%-4%-9%-8%-1%-1%79%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Public99.99%99.99%100.00%100.00%99.99%100.00%100.00%100.00%100.01%100.01%100.00%100.00%
No. of Shareholders7,2917,5317,4617,3717,8558,1718,1578,4228,7568,8578,7518,602

Fundamentals

Market Cap₹ 454 Cr.
Current Price₹ 59.0
Stock P/E6.82
Book Value₹ 15.2
ROCE78.6 %
ROE33.9 %
Dividend Yield0.00 %
Face Value₹ 3.00
Compounded Sales Growth (TTM)%
Compounded Profit Growth (TTM)299%
Standalone figures.
Valuation
Market capRs 455 Cr
Enterprise valueRs 454 Cr
P/E (TTM)6.84x
Price to book3.89x
Price to sales7.43x
EV / EBITDA4.99x
EV / EBIT4.99x
EV / sales7.42x
Earnings yield14.62%
P/E, 3-year average31.56x
P/B, 3-year average6.24x
P/E, 5-year average31.56x
P/B, 5-year average4.54x
Profitability
Operating margin (excl. other income)94.31%
Operating margin (incl. other income)171.77%
EBITDA margin148.68%
Pre-tax margin146.76%
Net profit margin108.68%
Net margin, latest quarter-97.01%
ROE106.00%
ROCE137.57%
ROA91.17%
ROE, 3-year average41.64%
ROCE, 3-year average53.93%
ROA, 3-year average36.67%
ROE, 5-year average14.54%
ROCE, 5-year average28.86%
ROA, 5-year average17.40%
ROIC (approx.)60.90%
Tax rate22.36%
Other income / net worth40.56%
Growth
Profit growth (latest year)1055.35%
Sales CAGR, 5 years202.92%
Sales growth QoQ-91.80%
Profit growth QoQ-107.97%
Profit growth YoY (latest quarter)-150.73%
Per share
EPS (TTM)Rs 8.65
EPS (latest year)Rs 10.54
EPS (latest quarter)Rs -0.63
EPS, 3-year averageRs 3.79
EPS, 5-year averageRs 1.73
Book value per shareRs 15.21
Sales per shareRs 7.96
Cash flow per shareRs -8.02
Free cash flow per shareRs -8.07
Efficiency
Asset turnover0.44x
Fixed asset turnover278.23x
Inventory turnover3.01x
Inventory days121 days
Cash conversion cycle0 days
Working capital days616 days
Leverage
Cash and bankRs 1 Cr
Net debtRs -1 Cr
Net debt / EBITDA-0.01x
Interest coverage79.11x
Owners' fund to total sources83.16%
Cash flow
Cash from Operating Activity (latest year)Rs -62 Cr
Cash from Investing Activity (latest year)Rs 63 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs -62 Cr
Cash from ops / profit, 5 years-0.71x
Statement figures
Net sales (TTM)Rs 61 Cr
Net sales (latest year)Rs 61 Cr
Sales (latest quarter)Rs 5 Cr
Operating profit excl. other income (latest year)Rs 58 Cr
Operating profit (latest quarter)Rs -9 Cr
Other income (TTM)Rs 66 Cr
EBITDA (TTM)Rs 91 Cr
PBDT (TTM)Rs 90 Cr
Profit before tax (TTM)Rs 90 Cr
Tax (latest year)Rs 23 Cr
Net profit (TTM)Rs 67 Cr
Net profit (latest year)Rs 81 Cr
Net profit (latest quarter)Rs -5 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 2 Cr
Total expenditure (latest year)Rs 3 Cr
Total income (latest year)Rs 109 Cr
Share capitalRs 23 Cr
ReservesRs 94 Cr
Shareholders' fundsRs 117 Cr
Total assetsRs 141 Cr
Net blockRs 0 Cr
InvestmentsRs 13 Cr
InventoryRs 1 Cr
Other liabilitiesRs 24 Cr
Shares outstanding (crore)7.69
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 3.89 is at the 5th percentile (median 15.93).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period526873Nifty 50Difference
1 week+1.0%-2.8% +3.8 pts
1 month+4.4%-6.8% +11.2 pts
3 months+14.3%-7.6% +21.9 pts
3 years+603.9%+14.2% +589.7 pts
5 years+585.2%+27.9% +557.3 pts

Red flags

F-score 4 of 6
explainWeak cash conversion Cash from operations was -69% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 101% of total assets in 2026
explainShare dilution Share count up 0% in a year, 1324% in three
lookProfit leans on other income Other income was 45% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹5 Cr. Net loss ₹5 Cr.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Rajasthan Securities Ltd?

Rajasthan Securities Ltd (526873) has a market capitalisation of Rs 454 Cr. at the 2026-10-01 close.

What is the P/E ratio of Rajasthan Securities Ltd?

Rajasthan Securities Ltd trades at a P/E of 6.82 on trailing twelve-month profit, at the 2026-10-01 close.

What were Rajasthan Securities Ltd's latest quarterly results?

In the Jun 2026 quarter, Rajasthan Securities Ltd sales was Rs 5 Cr with a net loss of Rs 5 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03