RNFI Services Ltd (RNFI) — shareholding pattern, promoter holding, financials and share price
About RNFI Services Ltd (RNFI)
RNFI Services Ltd operates in the Financial Technology (Fintech) industry, within the Financial Services sector. It trades on the NSE as RNFI and on the BSE under scrip code 92957. Its ISIN is INE0SA001017.
Incorporated in 2015, RNFI Services Ltd is a fintech firm that offers B2B and B2B2C solutions through its online portal and mobile application. [1]
RNFI Services Limited is a fintech platform and business correspondent that operates the Relipay orchestration stack, delivering payments, collections, insurance distribution, forex/remittance, verification and value-added enterprise APIs through a phygital network of 1900+ employees and 220,000+ active Sahayaks across 17,700+ PIN codes.
Revenue for 9M FY26 was ₹729.3 crore with notable margin expansion: gross profit rose 40.4% to ₹134.1 crore, EBITDA grew 46.9% to ₹46 crore and PAT surged 63.3% to ₹24.1 crore, driven by higher-margin delinquent loan collections and EMI collections that offset flat DMT volumes.
Listed peers in Financial Technology (Fintech): MOS Utility Ltd, Finbud Financial Services Ltd, WSFX Global Pay Ltd, IBL Finance Ltd, My Mudra Fincorp Ltd, Suvidhaa Infoserve Ltd.
Valuation & Returns
10 Jul 2026At ₹247.6 a share on 10 Jul 2026, RNFI Services Ltd (RNFI) was valued at a price-to-earnings ratio of 19.12x against an industry P/E of 81.46x and a price-to-book of 5.53x on a book value of ₹44.74 per share as of Mar 2025. Solomo computes return on equity of 28.94% and return on capital employed of 35.36% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 19.12x
- Industry P/E
- 81.46x
- P/B
- 5.53x
- EPS (TTM)
- ₹12.95
- Book value / share
- ₹44.74
- ROE
- 28.94%
- ROCE
- 35.36%
- ROA
- 11.61%
- Debt / equity
- 0.16x
- Dividend yield
- 0%
- EBITDA margin
- 6.53%
- 52-week range
- ₹216 – ₹404
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, RNFI Services Ltd (RNFI) reported revenue of ₹969 crore, net profit of ₹32 crore and earnings per share of ₹11.56. That compares with revenue of ₹917 crore and net profit of ₹20 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹239.34 crore and net profit ₹8.36 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 188 | 1,067 | 935 | 917 | 969 |
| Net profit (₹ cr) | 6 | 5 | 10 | 20 | 32 |
| EPS (₹) | 523 | 539 | 5.8 | 7.29 | 11.56 |
| Measure | 1Y |
|---|---|
| Sales growth | -2.01% |
| Profit growth | 103.44% |
| Stock price CAGR | -4% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 64.35% of RNFI Services Ltd (RNFI) (down 0.76 pp QoQ). Market capitalisation was ₹621 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2024.
Largest disclosed public shareholders in Jun 2026: AMIT GUPTA 2.76%, SAURABH TRIPATHI 2.62%, INDIA-AHEAD VENTURE FUND 1.3%, NNM SECURITIES 1.19%, CHANAKYA WEALTH CREATION FUND 1.17%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 64.35% | - | - | - | - |
| Mar 2026 | 65.11% | - | - | - | - |
| Dec 2025 | 65.1% | - | - | - | - |
| Sep 2025 | 65.38% | - | - | - | - |
| Mar 2025 | 65.38% | - | - | - | - |
| Sep 2024 | 65.36% | - | - | - | - |