Ratnakar Securities
No trades in 1Y
Key Insights
Strengths
2- Stock is trading at 0.00 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 37.3%
Weaknesses
4- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company has high debtors of 426 days.
- Working capital days have increased from 29.4 days to 353 days
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bearish | 11 | 2 | 6 |
| Oscillators | Bearish | 4 | 2 | 3 |
| Moving Averages | Strong Bearish | 7 | 0 | 3 |
Oscillators
Bearish
Overall
Strong Bearish
Moving Averages
Strong Bearish
Key readings
- RSI (14)
- 39.47
- Neutral
- MACD (12,26,9)
- −0.06
- Bullish
- SMA (50)
- 0.79
- Bearish
- SMA (200)
- 1.45
- Bearish
As of , the latest day with price data, so these readings are not current.
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | +84.14% |
|---|---|
| 5Y | Zero base |
| 3Y | Zero base |
| 1Y | −20.20% |
| TTM | −13.15% |
Net profit
| 10Y | Zero base |
|---|---|
| 5Y | Turned to profit |
| 3Y | Turned to profit |
| 1Y | −30.94% |
| TTM | +52.22% |
Operating cash flow
| 10Y | Turned negative |
|---|---|
| 5Y | Turned negative |
| 3Y | Outflow widened by ₹1.78 Cr |
| 1Y | Outflow widened by ₹1.82 Cr |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | +195.13 pp |
|---|---|
| 5Y | No sales |
| 3Y | No sales |
| 1Y | −2.74 pp |
| TTM | +4.90 pp |
Revenue by year
| Mar 2017 | ₹0.04 Cr |
|---|---|
| Mar 2018 | ₹0.01 Cr |
| Mar 2019 | ₹0.01 Cr |
| Mar 2020 | ₹0.00 Cr |
| Mar 2021 | ₹0.00 Cr |
| Mar 2022 | ₹0.00 Cr |
| Mar 2023 | ₹0.00 Cr |
| Mar 2024 | ₹19.07 Cr |
| Mar 2025 | ₹22.47 Cr |
| Mar 2026 | ₹17.93 Cr |
Net profit by year
| Mar 2017 | ₹0.00 Cr |
|---|---|
| Mar 2018 | ₹0.00 Cr |
| Mar 2019 | ₹0.00 Cr |
| Mar 2020 | −₹10.86 Cr |
| Mar 2021 | −₹0.11 Cr |
| Mar 2022 | ₹0.00 Cr |
| Mar 2023 | −₹0.23 Cr |
| Mar 2024 | ₹1.68 Cr |
| Mar 2025 | ₹2.65 Cr |
| Mar 2026 | ₹1.83 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 0 | 0 | 6.77 | 4.91 | 4.68 | 4.7 | 4.32 | 4.47 | 4.44 | 5.06 |
| Expenses | 0.01 | 0.04 | 0.05 | 0.01 | 0 | 5.26 | 3.8 | 3.44 | 4.25 | 3.07 | 3.52 | 3.58 | 3.48 |
| Operating Profit | −0.01 | −0.04 | −0.05 | −0.01 | 0 | 1.51 | 1.11 | 1.24 | 0.45 | 1.25 | 0.95 | 0.86 | 1.58 |
| OPM % | — | — | — | — | — | 22.3% | 22.61% | 26.5% | 9.57% | 28.94% | 21.25% | 19.37% | 31.23% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0.13 | −0.07 | 0 | 0.01 | 0.02 | −0.02 | 0.04 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0.2 | 0.27 | 0.47 | 0.21 | 0.32 | 0.38 | 0.42 | 0.34 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0.15 | 0.14 | 0.11 | 0.08 | 0.08 | 0.1 | 0.08 | 0.06 |
| PBT | −0.01 | −0.04 | −0.05 | −0.01 | 0 | 1.16 | 0.83 | 0.59 | 0.16 | 0.86 | 0.49 | 0.34 | 1.22 |
| Tax % | 0% | 0% | 0% | 0% | — | 19.83% | 27.71% | 55.93% | 93.75% | 4.65% | 10.2% | −67.65% | 25.41% |
| Net Profit | −0.01 | −0.04 | −0.05 | −0.01 | 0 | 0.93 | 0.61 | 0.26 | 0 | 0.82 | 0.44 | 0.57 | 0.91 |
| EPS (₹) | −0.19 | −0.77 | −0.96 | −0.19 | 0 | 17.88 | 11.73 | 5 | 0 | 15.77 | 8.46 | 10.96 | 17.5 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.05 | 0.04 | 0.04 | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 19.07 | 22.47 | 17.93 | 18.29 |
| Expenses | 0.11 | 0.11 | 0.1 | 0.08 | 0.08 | 10.86 | 0.11 | 0.01 | 0.23 | 15.69 | 17.33 | 14.32 | 13.65 |
| Operating Profit | −0.06 | −0.07 | −0.06 | −0.07 | −0.07 | −10.86 | −0.11 | −0.01 | −0.23 | 3.38 | 5.14 | 3.61 | 4.64 |
| OPM % | −120% | −175% | −150% | −700% | −700% | — | — | — | — | 17.72% | 22.87% | 20.13% | 25.37% |
| Other Income | 0.07 | 0.08 | 0.07 | 0.07 | 0.07 | 0 | 0 | 0.01 | 0 | 0 | 0.12 | 0 | 0.05 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.79 | 1.2 | 1.41 | 1.46 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0.27 | 0.4 | 0.34 | 0.32 |
| PBT | 0 | 0 | 0 | 0 | 0 | −10.86 | −0.11 | 0 | −0.23 | 2.32 | 3.66 | 1.86 | 2.91 |
| Tax % | — | — | — | — | — | 0% | −9.09% | — | 0% | 27.59% | 27.6% | 1.08% | — |
| Net Profit | 0 | 0 | 0 | 0 | 0 | −10.86 | −0.11 | 0 | −0.23 | 1.68 | 2.65 | 1.83 | 2.74 |
| EPS (₹) | 0 | 0 | 0 | 0 | 0 | −10.86 | −0.11 | 0 | −4.42 | 32.31 | 50.96 | 35.19 | 52.69 |
| Div. Payout % | — | — | — | — | — | 0% | 0% | — | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 0.52 | 0.52 | 18.52 |
| Reserves | 1.18 | 1.18 | 1.65 | 0.84 | 0.84 | −10.02 | −10.13 | −10.13 | −10.36 | 0.56 | 3.28 | 4.77 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.25 | 7.52 | 13.34 |
| Other Liabilities | 0 | 0 | 0 | 0 | 0 | 0.03 | 0.13 | 0.33 | 0.38 | 50.56 | 59.6 | 26.42 |
| Total Liabilities | 11.18 | 11.18 | 11.65 | 10.84 | 10.84 | 0.01 | 0 | 0.2 | 0.02 | 60.89 | 70.92 | 63.05 |
| Fixed Assets | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.15 | 2.94 | 2.59 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.92 | 0.92 | 0.92 | 0.92 | 0.62 | 0 | 0 | 0 | 0 | 1.3 | 1.3 | 1.66 |
| Other Assets | 10.25 | 10.25 | 10.73 | 9.92 | 10.22 | 0.01 | 0 | 0.2 | 0.02 | 57.44 | 66.68 | 58.8 |
| Total Assets | 11.18 | 11.18 | 11.65 | 10.84 | 10.84 | 0.01 | 0 | 0.2 | 0.02 | 60.89 | 70.92 | 63.05 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 0.01 | 0.01 | 0.43 | 0 | −0.39 | −0.02 | 0 | 0.19 | −0.17 | 0.55 | −0.13 | −1.95 |
| Investing | 0 | −0.01 | −0.44 | 0.01 | 0.39 | 0.02 | 0 | 0 | 0 | 2.11 | −3.18 | −0.4 |
| Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −0.73 | −1.34 | 1.48 |
| Net Cash Flow | 0 | 0 | −0.01 | 0 | 0 | −0.01 | 0 | 0.19 | −0.17 | 1.93 | −4.65 | −0.86 |
| Free Cash Flow | 0.05 | −0.55 | 0.43 | 0 | −0.39 | −0.02 | 0 | 0.19 | −0.17 | 0.19 | −1.27 | −1.99 |
| CFO/OP | −17 | −14 | −717 | 0 | 557 | 0 | 0 | −1,900 | 74 | 28 | 11 | −25 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 3,212 | 4,015 | 4,015 | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | — | — | — | — | 255 | 285 | 426 |
| Inventory Days | — | — | 0 | 0 | 0 | — | — | — | — | — | — | — |
| Cash Conversion Cycle | 3,212 | 4,015 | 4,015 | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | — | — | — | — | 255 | 285 | 426 |
| Working Capital Days | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | — | — | — | — | −183 | −81.54 | 353 |
| ROCE % | 0% | 0% | 0% | 0% | 0% | −200.74% | — | — | — | 62.39% | 44.34% | 13.64% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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45 extracted metrics across FY09–FY27.
Documents
Frequently Asked Questions about Ratnakar Securities
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Company Information
Ratnakar Securities is engaged in the business of software development.The Company's main objects have been altered to include the business of acting as share and stock brokers, depository participants, and providing other financial and investment service
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