RattanIndia Enterprises Limited (RTNINDIA) AI Stock Analysis

• Market Cap: ₹49.96B
• Dividend Yield: N/A
• Average Volume (3M): 181.19K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.85
• Revenue Growth: 8.57%
• EPS Growth: -158.63%
• Country: IN
• Employees: 39
• Sector: General
• Sector Strength: N/A
• Industry: Independent Power Producers
• EPS (TTM): -2.87
• Shares Outstanding: 1,382,269,500
• 10 Day Avg. Volume: 182,565
• 30 Day Avg. Volume: 181,185
• PEG Ratio: -0.89
• Price to Book (P/B): 6.52
• Price to Sales (P/S): 0.87
• P/FCF Ratio: 23.96
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 766.28
• Revenue Forecast (FY): ₹508.47B

• Rating: 52 Neutral
• Price Target: ₹37.00 ▼(-12.22% Downside)

The overall stock score is primarily influenced by strong financial performance, despite high leverage risks. Technical analysis indicates a bearish trend, and valuation metrics are weak due to a negative P/E ratio and lack of dividend yield. These factors collectively result in a moderate score.

Positive Factors

Revenue & Profit Growth

Sustained revenue and improved gross/net margins enhance cash generation and reinvestment capacity across RattanIndia's diversified platform. This strengthens the company’s ability to scale subsidiaries (e-mobility, consumer internet) and supports operational resilience over the next several months.

Free Cash Flow Improvement

Material improvement in free cash flow increases the firm's ability to fund growth, service obligations, and invest in core businesses without relying solely on external financing. If sustained, this materially reduces liquidity risk and supports strategic initiatives over a 2–6 month horizon.

Rising Shareholders' Equity

Growth in shareholders' equity provides a stronger capital base and buffer against operational or market shocks. For a holding/operating platform, a larger equity base improves funding flexibility for acquisitions and internal investments, supporting durable expansion over months ahead.

Negative Factors

High Leverage

Significant debt levels increase interest burden and refinancing risk, constraining financial flexibility for capital-intensive ventures like electric mobility. Elevated leverage can limit ability to invest or withstand rising rates, posing a structural risk over the medium term.

Negative EPS Growth

Deeply negative EPS growth signals earnings instability and potential recurring pressures on profitability. Persistent EPS deterioration undermines internal capital generation and can complicate strategic execution and creditor/partner confidence over the coming months.

Margin & Cash Flow Volatility

Volatile operating margins and uneven conversion of net income to cash create unpredictability in free cash flow and return on investment. This variability hinders reliable planning, increases execution risk for growth projects, and raises the chance of short-term funding needs.

RattanIndia Enterprises Limited Business Overview & Revenue Model

Company Description

RattanIndia Enterprises Limited engages in the human resource consultancy and manpower business in India. The company provides payroll management and other related services. It also engages in the manufacture of electric moto cycles. As of June 10, 2022, it operated 26 retail outlets. The company was formerly known as RattanIndia Infrastructure Limited and changed its name to RattanIndia Enterprises Limited in March 2021. RattanIndia Enterprises Limited was incorporated in 2010 and is based in New Delhi, India.

How the Company Makes Money

RattanIndia Enterprises generates revenue through several key streams, including the production and sale of renewable energy through solar and wind power projects, which are sold to utilities and other commercial entities. Additionally, the company's foray into the electric vehicle sector involves the manufacturing and distribution of electric vehicles and related components, tapping into the increasing consumer shift towards sustainable transportation. Partnerships with technology firms and government initiatives further bolster its revenue, enabling RTNINDIA to leverage grants and subsidies aimed at promoting clean energy and innovation. The company's diversified portfolio allows it to capitalize on multiple growth areas, ensuring a stable revenue flow.

RattanIndia Enterprises Limited Financial Statement Overview

Summary

RattanIndia Enterprises Limited shows strong revenue and profit growth, enhancing its income statement performance. However, high leverage on the balance sheet poses risks, and while cash flow improvements are notable, consistency is needed for long-term stability.

Income Statement

RattanIndia Enterprises Limited has shown a significant improvement in revenue, with a remarkable growth rate from 2020 to 2025. Gross and net profit margins have improved, indicating enhanced profitability. However, EBIT and EBITDA margins have fluctuated, reflecting potential volatility in operational efficiency.

Balance Sheet

The company has a relatively high debt-to-equity ratio, suggesting significant leverage. However, stockholders' equity has grown over time, which is a positive sign. The equity ratio suggests a moderate reliance on equity financing, but there are risks associated with high debt levels.

Cash Flow

Free cash flow has improved significantly, demonstrating better cash generation capabilities. The operating cash flow to net income ratio indicates efficient cash utilization, though it has been inconsistent over time. The company needs to maintain steady cash flow to mitigate financial risks.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	69.22B	68.66B	56.10B	40.63B	139.93M	1.00M
Gross Profit	5.14B	12.87B	8.03B	562.20M	-20.95M	-9.07M
EBITDA	-7.93B	2.62B	5.83B	-2.02B	5.70B	88.00K
Net Income	-2.65B	844.35M	4.26B	-2.85B	5.54B	70.00K
Balance Sheet
Total Assets	0.00	26.36B	26.92B	21.92B	9.08B	851.90M
Cash, Cash Equivalents and Short-Term Investments	11.80B	11.80B	773.48M	1.36B	1.61B	843.92M
Total Debt	0.00	9.23B	11.84B	9.76B	1.59B	0.00
Total Liabilities	-9.24B	17.12B	18.47B	17.75B	2.10B	6.28M
Stockholders Equity	9.24B	9.22B	8.39B	4.09B	6.99B	845.61M
Cash Flow
Free Cash Flow	0.00	2.51B	-390.67M	-6.88B	-141.29M	670.90M
Operating Cash Flow	0.00	2.53B	-367.58M	-6.78B	-135.14M	670.90M
Investing Cash Flow	0.00	241.52M	-261.19M	-249.71M	-1.02B	-671.02M
Financing Cash Flow	0.00	-3.13B	969.93M	7.34B	1.17B	-1.00K

RattanIndia Enterprises Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 42.15
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RTNINDIA, the sentiment is Negative. The current price of 42.15 is above the 20-day moving average (MA) of 37.33, above the 50-day MA of 39.99, and below the 200-day MA of 49.88, indicating a bearish trend. The MACD of -1.85 indicates Negative momentum. The RSI at 42.65 is Neutral, neither overbought nor oversold. The STOCH value of 59.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:RTNINDIA.

RattanIndia Enterprises Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MENONBE	66 Neutral	₹6.30B	20.27	―	1.90%	13.38%	13.98%
PILANIINVS	63 Neutral	₹50.97B	175.93	―	0.29%	-8.75%	-85.31%
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
RTNINDIA	52 Neutral	₹49.96B	-11.89	―	―	8.57%	-158.63%

RattanIndia Enterprises Limited Corporate Events

RattanIndia Expands with New Subsidiary in Dubai

RattanIndia Enterprises Limited has announced the incorporation of a new step-down subsidiary, NEORISE GLOBAL TRADING L.L.C S.O.C, in Dubai. This subsidiary, wholly owned through NEORISE TECHNOLOGIES – FZCO, aims to engage in e-commerce and related activities in Middle East Asia, potentially enhancing RattanIndia’s market reach and operational capabilities in the region.

Revolt Motors Shines at Colombo Motor Show 2025 with High Visitor Engagement

Revolt Motors, a subsidiary of RattanIndia Enterprises Limited, made a significant impact at the Colombo Motor Show 2025, held at the Bandaranaike Memorial International Conference Hall. The event saw a large turnout, with Revolt Motors attracting considerable attention for its electric motorcycle range. The brand’s modern design and performance-oriented features drew interest from young riders, families, and EV enthusiasts, highlighting Revolt’s strong market positioning and potential for growth in new markets.