---
title: "Rachana Infrastructure Ltd (RILINFRA) — Share Price, Financials & Analysis"
symbol: "RILINFRA"
company: "Rachana Infrastructure Ltd"
canonical: "https://tapetide.com/stocks/RILINFRA"
isin: "INE02OY01016"
nse_symbol: "RILINFRA"
sector: "Construction"
industry: "Civil Construction"
market_cap_cr: 62.05
generated_at: "2026-09-13T18:51:31.111Z"
---

# Rachana Infrastructure Ltd (RILINFRA)

Canonical page: https://tapetide.com/stocks/RILINFRA

## Company

- **NSE Symbol:** RILINFRA
- **ISIN:** INE02OY01016
- **Sector:** Construction
- **Industry:** Civil Construction
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2022-06-10
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** rachanainfra.com

## About

Incorporated in 2001, Rachana Infrastructure Ltd is engaged in a wide range of infrastructure and civil construction projects.[1]

## Latest Price

- **Price:** ₹31.9
- **Change:** -0.9 (-2.74%)
- **Open:** ₹32.1
- **Day High:** ₹33.5
- **Day Low:** ₹31
- **Previous Close:** ₹32.8
- **Volume:** 109700
- **As Of:** 2026-09-11T09:58:58+00:00

## Key Fundamentals

Observed at 2026-09-11T04:49:01.026190Z.

- **Market Cap:** ₹62.05 Cr
- **Classification:** SME
- **P/E (reported):** 6
- **Book Value:** ₹52.33
- **Price to Book:** 0.63
- **Dividend Yield:** 0%
- **ROE:** 9.37%
- **ROCE:** 17.33%
- **Debt to Equity:** 0.06
- **Revenue (yearly):** ₹140.5 Cr
- **Net Income:** ₹10.1 Cr
- **EBITDA:** ₹20.5 Cr
- **52-Week High:** ₹47.5
- **52-Week Low:** ₹27.6
- **RSI (14):** 30.56

## Tapetide Score

- **Score:** 60 / 100
- **Score date:** 2026-09-04
- **Archetype:** Priced for Perfection
- **What it means:** The business scores well but the multiple leaves little room for error. The debate here is about the price, not the company; small disappointments tend to cost more at rich valuations.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Rising
- **Percentile:** 87.9 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 65.73 | 9% |
| growth | 92.38 | 9% |
| momentum | 65.75 | 12% |
| ownership | 58.08 | 24% |
| quality | 60.49 | 22% |
| valuation | 41.68 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.55 times its book value
- Company has delivered good profit growth of 22.4% CAGR over last 5 years
- Promoter holding has increased by 1.95% over last quarter.

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 6.12% over last 3 years.
- Contingent liabilities of Rs.53.6 Cr.
- Company's cost of borrowing seems high

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | — | -14.57% | 54.17% |
| ebitda margin growth | -87.88% | 42.05% | 42.61% | 7.77% |
| net income growth | -79.55% | 146.34% | 68% | 22% |
| revenue growth | -91.15% | 44.99% | 29% | 6% |
| roce | — | 133.87% | 154.85% | 9.37% |
| roe | — | 123.63% | 5.81% | 111.99% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 24 | 39 | 25 | 39 | 27 | 65 | 30 | 64 | 48 | 90 |
| Expenses | 21 | 36 | 23 | 35 | 25 | 60 | 29 | 58 | 45 | 75 |
| Operating Profit | 3 | 3 | 2 | 4 | 2 | 5 | 1 | 6 | 3 | 15 |
| OPM % | 13 | 8 | 10 | 9 | 8 | 8 | 3.9 | 9 | 6 | 17 |
| Other Income | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
| Interest | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 2 | 4 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 2 | 1 | 2 | 1 | 3 | 0 | 5 | 1 | 13 |
| Tax % | -15 | 48 | 28 | 25 | 20 | 17 | 25 | 26 | 23 | 25 |
| Net Profit | 1 | 1 | 1 | 2 | 1 | 3 | 0 | 4 | 1 | 9 |
| EPS in Rs | 2.4 | 0.6 | 0.33 | 0.89 | 0.46 | 1.56 | 0.16 | 2.04 | 0.36 | 5.08 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 48 | 52 | 112 | 154 | 104 | 63 | 64 | 91 | 94 | 138 |
| Expenses | 41 | 44 | 97 | 141 | 94 | 57 | 57 | 84 | 87 | 119 |
| Operating Profit | 7 | 8 | 15 | 14 | 9 | 6 | 6 | 7 | 7 | 19 |
| OPM % | 14 | 15 | 14 | 9 | 9 | 10 | 9 | 8 | 8 | 14 |
| Other Income | 2 | 2 | 2 | 4 | 3 | 3 | 2 | 2 | 3 | 2 |
| Interest | 3 | 3 | 6 | 6 | 5 | 4 | 3 | 3 | 2 | 6 |
| Depreciation | 3 | 3 | 4 | 4 | 2 | 2 | 2 | 2 | 2 | 1 |
| Profit before tax | 2 | 4 | 6 | 8 | 5 | 3 | 3 | 5 | 6 | 14 |
| Tax % | 30 | 32 | 25 | 27 | 12 | 25 | 26 | 20 | 26 | 25 |
| Net Profit | 1 | 3 | 5 | 6 | 5 | 2 | 2 | 4 | 4 | 10 |
| EPS in Rs | 2.58 | 5.05 | 8.86 | 11.35 | 8.94 | 1.4 | 1.21 | 1.95 | 2.2 | 5.44 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 5 | 5 | 5 | 5 | 5 | 16 | 19 | 19 | 19 | 19 |
| Reserves | 21 | 23 | 23 | 29 | 46 | 34 | 72 | 75 | 79 | 89 |
| Borrowings | 27 | 22 | 35 | 33 | 32 | 29 | 13 | 13 | 7 | 6 |
| Other Liabilities | 10 | 13 | 16 | 39 | 10 | 25 | 12 | 19 | 16 | 12 |
| Total Liabilities | 63 | 64 | 80 | 106 | 93 | 104 | 115 | 126 | 122 | 126 |
| Fixed Assets | 38 | 34 | 18 | 15 | 10 | 11 | 27 | 29 | 27 | 24 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 10 | 10 | 22 | 18 | 0 | 0 | 0 | 0 |
| Other Assets | 25 | 30 | 52 | 82 | 60 | 75 | 88 | 96 | 94 | 102 |
| Total Assets | 63 | 64 | 80 | 106 | 93 | 104 | 115 | 126 | 122 | 126 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 5 | 7 | 9 | -3 | 3 | 6 | -8 | 11 | 0 | 10 |
| Cash from Investing Activity | -6 | 1 | -4 | 0 | 3 | -2 | -10 | -4 | 7 | 2 |
| Cash from Financing Activity | 0 | -8 | -4 | 2 | -6 | -4 | 19 | -5 | -7 | -8 |
| Net Cash Flow | -1 | 0 | 1 | -1 | 0 | 0 | 1 | 3 | -1 | 4 |
| Free Cash Flow | -1 | 7 | 5 | -3 | 6 | 4 | -8 | 7 | 0 | 12 |
| CFO/OP | 92 | 98 | 56 | -18 | 33 | 120 | -120 | 173 | 10 | 61 |

### Ratios

| Item | Mar 2014 | Mar 2015 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 135 | 140 | 77 | 103 | 81 | 101 | 126 | 100 | 90 | 83 |
| Inventory Days | 7 | 6 | 24 | — | — | — | 80 | 181 | 30 | 15 |
| Days Payable | 251 | 285 | 19 | — | — | — | 95 | 553 | 74 | 9 |
| Cash Conversion Cycle | -109 | -139 | 82 | 103 | 81 | 101 | 111 | -272 | 46 | 89 |
| Working Capital Days | -25 | -15 | 17 | 34 | 81 | 133 | 303 | 212 | 223 | 180 |
| ROCE % | — | 12 | — | 21 | 12 | 8 | 6 | 7 | 7 | 18 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 83.44% | 66.03% | 66.03% | 66.03% | 65.38% | 65.38% | 65.1% | 66.12% | 66.37% | 68.32% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 0% | 22.2% | 22.72% | 22.42% | 23.2% | 27.27% | 31.98% | 31.62% | 31.38% | 29.62% |
| Others | 16.56% | 11.77% | 11.25% | 11.55% | 11.42% | 7.35% | 2.92% | 2.27% | 2.25% | 2.06% |
| No. of Shareholders | 25 | 893 | 306 | 308 | 1261 | 2343 | 5792 | 6380 | 6408 | 5814 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 5 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 33.96 | Sell |
| EMA (10) | 33.59 | Sell |
| SMA (20) | 35.22 | Sell |
| EMA (20) | 34.81 | Sell |
| SMA (50) | 37.15 | Sell |
| EMA (50) | 36.22 | Sell |
| SMA (100) | 36.46 | Sell |
| EMA (100) | 36.4 | Sell |
| SMA (200) | 35.81 | Sell |
| EMA (200) | 36.12 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 27.19 | Buy |
| MACD (12,26,9) | -1.4 | Sell |
| Stochastic (14,3,3) | 30.84 | Neutral |
| ADX (14) | 34.01 | Buy |
| Williams %R (14) | -75 | Neutral |
| ATR (14) | 1.72 | High Volatility |
| ROC (12) | -11.39 | Sell |
| Stoch RSI (14) | 33.37 | Neutral |
| UO (7,14,28) | 41.18 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 March 2026 - LOA from NHAI for Rs21,40,61,155 for PQC service roads on NH-48 Gujarat; 60-day execution. | [Awarding of order(s)/contract(s) 9 March 2026 - LOA from NHAI for Rs21,40,61,155 for PQC service roads on NH-48 Gujarat; 60-day execution.](https://nsearchives.nseindia.com/corporate/RACHANAINFRA_09032026191326_Intimation_of_LOA.pdf) |
| 9 Jul - Submitted Regulation 74(5) certificate for quarter ended June 30, 2026; no demat requests received. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 9 Jul - Submitted Regulation 74(5) certificate for quarter ended June 30, 2026; no demat requests received.](https://nsearchives.nseindia.com/corporate/RACHANAINFRA_09072026123428_74_5_J26.pdf) |
| 7 January 2026 - Certificate under Regulation 74(5) for quarter ended Dec 31, 2025; no dematerializations. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 7 January 2026 - Certificate under Regulation 74(5) for quarter ended Dec 31, 2025; no dematerializations.](https://nsearchives.nseindia.com/corporate/RACHANAINFRA_07012026172309_74_5certificate_dec2025.pdf) |
| 7 April 2026 - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026; no demat requests received. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 7 April 2026 - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026; no demat requests received.](https://nsearchives.nseindia.com/corporate/RACHANAINFRA_07042026124558_74_5dpcertificate_31032026.pdf) |
| 7 April 2026 - Order-in-appeal dated 19 Mar 2026 demands Rs 1.24 crore tax, interest and equivalent penalty. | [Action(s) taken or orders passed 7 April 2026 - Order-in-appeal dated 19 Mar 2026 demands Rs 1.24 crore tax, interest and equivalent penalty.](https://nsearchives.nseindia.com/corporate/RACHANAINFRA_07042026181743_GST_ORDER_SURAT.pdf) |
| 5 January 2026 - Correction: 19-Dec-2025 acquisition was 700 (not 800); requests removal of inaccurate SEBI disclosures. | [Updates 5 January 2026 - Correction: 19-Dec-2025 acquisition was 700 (not 800); requests removal of inaccurate SEBI disclosures.](https://nsearchives.nseindia.com/corporate/RACHANAINFRA_05012026125344_Disclosure_announcement.pdf) |
| 31 March 2026 - Order dated 27-Mar-2026: Rs.11.69 Crore GST demand for FY2019-20 and FY2020-21; company to appeal. | [Action(s) taken or orders passed 31 March 2026 - Order dated 27-Mar-2026: Rs.11.69 Crore GST demand for FY2019-20 and FY2020-21; company to appeal.](https://nsearchives.nseindia.com/corporate/RACHANAINFRA_31032026153154_Receipt_of_an_Order_gst_nagpur.pdf) |
| 31 Aug - 25th AGM on 22 September 2026 via VC/OAVM; newspaper advertisement published on 31 August 2026. | [Copy of Newspaper Publication 31 Aug - 25th AGM on 22 September 2026 via VC/OAVM; newspaper advertisement published on 31 August 2026.](https://nsearchives.nseindia.com/corporate/RACHANAINFRA_31082026174423_Newspaper_Publication.pdf) |
| 30 May 2026 - Board approved FY26 audited results, appointed secretarial and cost auditors, and noted CS resignation effective 25 June 2026. | [Outcome of Board Meeting 30 May 2026 - Board approved FY26 audited results, appointed secretarial and cost auditors, and noted CS resignation effective 25 June 2026.](https://nsearchives.nseindia.com/corporate/RACHANAINFRA_30052026160747_FINANCIAL_RESULT_UPDATES.pdf) |
| 30 May - Rachana Infrastructure Limited has informed about Resignation of Director/KMP/SMP | [Resignation of Director/KMP/SMP 30 May - Rachana Infrastructure Limited has informed about Resignation of Director/KMP/SMP](https://nsearchives.nseindia.com/corporate/RILINFRA_ROID_89231_KMP_Doc.zip) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_30813_RILINFRA_2025_2026_A_24359943_29082026142321.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_27806_RILINFRA_2024_2025_A_6363304_28082025155316.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_25582_RILINFRA_2023_2024_0309202418225.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_23282_RILINFRA_2022_2023_02092023165741_09022023170005.zip) |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/SME_AR_21227_RILINFRA_2021_2022_03092022170556_09032022180020.zip) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:51:31.111Z.