company background image
5345

RattanIndia Enterprises BSE:534597 Stock Report

Last Price

₹49.60

Market Cap

₹68.6b

7D

-4.6%

1Y

13.4%

Updated

24 Sep, 2022

Data

Company Financials
534597 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health3/6
Dividends0/6

534597 Stock Overview

RattanIndia Enterprises Limited, together with its subsidiaries, provides manpower, human resource supply and consultancy, payroll management, and other related services in India.

RattanIndia Enterprises Competitors

Price History & Performance

Summary of all time highs, changes and price drops for RattanIndia Enterprises
Historical stock prices
Current Share Price₹49.60
52 Week High₹65.85
52 Week Low₹30.50
Beta1.41
1 Month Change-9.32%
3 Month Change17.96%
1 Year Change13.37%
3 Year Change2,496.86%
5 Year Change725.29%
Change since IPO1,080.95%

Recent News & Updates

Shareholder Returns

534597IN Renewable EnergyIN Market
7D-4.6%-2.9%-1.1%
1Y13.4%60.9%0.5%

Return vs Industry: 534597 underperformed the Indian Renewable Energy industry which returned 60.9% over the past year.

Return vs Market: 534597 exceeded the Indian Market which returned 0.5% over the past year.

Price Volatility

Is 534597's price volatile compared to industry and market?
534597 volatility
534597 Average Weekly Movement7.7%
Renewable Energy Industry Average Movement6.6%
Market Average Movement5.8%
10% most volatile stocks in IN Market9.1%
10% least volatile stocks in IN Market3.7%

Stable Share Price: 534597 is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 534597's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
201097Amitav Panigrahihttps://rattanindia.com

RattanIndia Enterprises Limited, together with its subsidiaries, provides manpower, human resource supply and consultancy, payroll management, and other related services in India. It is also involved in the real estate and renting; monetary intermediation; drone; and goods retail trade businesses. The company was formerly known as RattanIndia Infrastructure Limited and changed its name to RattanIndia Enterprises Limited in March 2021.

RattanIndia Enterprises Fundamentals Summary

How do RattanIndia Enterprises's earnings and revenue compare to its market cap?
534597 fundamental statistics
Market Cap₹68.56b
Earnings (TTM)₹3.39b
Revenue (TTM)₹7.02b

20.2x

P/E Ratio

9.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
534597 income statement (TTM)
Revenue₹7.02b
Cost of Revenue₹5.80b
Gross Profit₹1.23b
Other Expenses-₹2.16b
Earnings₹3.39b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.45
Gross Margin17.44%
Net Profit Margin48.21%
Debt/Equity Ratio22.6%

How did 534597 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 534597 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 534597?

Other financial metrics that can be useful for relative valuation.

534597 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue9.8x
Enterprise Value/EBITDA-647.1x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 534597's PE Ratio compare to its peers?

534597 PE Ratio vs Peers
The above table shows the PE ratio for 534597 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average17.1x
513683 NLC India
7.6xn/a₹99.1b
532524 PTC India
5.6xn/a₹23.9b
517300 Gujarat Industries Power
6.7xn/a₹13.4b
KKVAPOW KKV Agro Powers
48.7xn/a₹566.3m
534597 RattanIndia Enterprises
20.2xn/a₹68.6b

Price-To-Earnings vs Peers: 534597 is expensive based on its Price-To-Earnings Ratio (20.2x) compared to the peer average (17.1x).


Price to Earnings Ratio vs Industry

How does 534597's PE Ratio compare vs other companies in the IN Renewable Energy Industry?

Price-To-Earnings vs Industry: 534597 is expensive based on its Price-To-Earnings Ratio (20.2x) compared to the Asian Renewable Energy industry average (15.4x)


Price to Earnings Ratio vs Fair Ratio

What is 534597's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

534597 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 534597's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 534597 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 534597's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 534597's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


Discover undervalued companies

Future Growth

How is RattanIndia Enterprises forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


21.2%

Forecasted Utilities industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as RattanIndia Enterprises has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

  • Take a look at our analysis of 534597’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • RattanIndia Enterprises competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has RattanIndia Enterprises performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


92.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 534597 has a large one-off loss of ₹2.1B impacting its June 30 2022 financial results.

Growing Profit Margin: 534597 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 534597 has become profitable over the past 5 years, growing earnings by 92.1% per year.

Accelerating Growth: 534597 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 534597 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Renewable Energy industry (79.2%).


Return on Equity

High ROE: 534597's Return on Equity (48.4%) is considered outstanding.


Discover strong past performing companies

Financial Health

How is RattanIndia Enterprises's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 534597's short term assets (₹2.1B) exceed its short term liabilities (₹1.8B).

Long Term Liabilities: 534597's short term assets (₹2.1B) exceed its long term liabilities (₹346.6M).


Debt to Equity History and Analysis

Debt Level: 534597 has more cash than its total debt.

Reducing Debt: Insufficient data to determine if 534597's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 534597's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 534597's interest payments on its debt are well covered by EBIT.


Balance Sheet


Discover healthy companies

Dividend

What is RattanIndia Enterprises's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 534597's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 534597's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 534597's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 534597's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 534597 has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

0.8yrs

Average management tenure


CEO

Amitav Panigrahi

0.75yr

Tenure

Mr. Amitav Panigrahi is Chief Executive Officer of fintech business in Neotec Enterprises Ltd (a wholly- owned subsidiary of RattanIndia Enterprises Ltd) at RattanIndia Enterprises Limited from December 20...


Leadership Team

Experienced Management: 534597's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: 534597's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 15 shareholders own 85.26% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
39.31%
Laurel Energetics Private Limited
543,338,386₹26.9b0%no data
27.79%
Arbutus Consultancy LLP
384,112,902₹19.1b0%no data
7.58%
Yantra Energetics Private Limited
104,765,484₹5.2b0%no data
3.9%
Amergeris Wealth Management (Barbados) Ltd
53,976,986₹2.7b-0.72%37.37%
2.89%
Connecor Investment Enterprise Ltd
39,968,471₹2.0b0%no data
1.31%
Oberon Limited
18,171,001₹901.3m0%no data
1.06%
The Great Indian Tusker Fund
14,605,048₹724.4m0%no data
1.06%
One Earth Capital Limited
14,605,048₹724.4m0%no data
0.13%
Rajiv Rattan
1,770,000₹87.8m0%no data
0.1%
State Street Global Advisors, Inc.
1,375,986₹68.2m6.38%no data
0.078%
BlackRock, Inc.
1,074,726₹53.3m-3.41%no data
0.029%
Teachers Insurance and Annuity Association-College Retirement Equities Fund
396,496₹19.7m0%no data
0.012%
Nippon Life India Asset Management Limited
160,603₹8.0m14.34%no data
0.0095%
Motilal Oswal Asset Management Company Limited
131,401₹6.5m1.54%no data
0.0018%
ICICI Prudential Asset Management Company Limited
24,746₹1.2m6.06%no data

Company Information

RattanIndia Enterprises Limited's employee growth, exchange listings and data sources


Key Information

  • Name: RattanIndia Enterprises Limited
  • Ticker: 534597
  • Exchange: BSE
  • Founded: 2010
  • Industry: Independent Power Producers and Energy Traders
  • Sector: Utilities
  • Implied Market Cap: ₹68.561b
  • Shares outstanding: 1.38b
  • Website: https://rattanindia.com

Number of Employees


Location

  • RattanIndia Enterprises Limited
  • Tower-B, Worldmark-1
  • 5th Floor
  • New Delhi
  • Delhi
  • 110037
  • India


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
534597BSE (Mumbai Stock Exchange)YesEquity SharesININRJul 2012
RTNINDIANSEI (National Stock Exchange of India)YesEquity SharesININRJul 2012

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/24 00:00
End of Day Share Price2022/09/23 00:00
Earnings2022/06/30
Annual Earnings2022/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.