Reliable Data Services (RELIABLE) had a P/E of 14.4× on 6 Nov 2026, below the industry P/E of 17.7×, and the shares are 28% below their 52-week high. Its ROCE of 13% is the lowest among the 7 largest Information Technology Services peers, and sales and net profit grew 36% and 20% a year over 3 years. Debt is 0.29× equity. It is a small-cap company with a market cap of ₹130 Cr, ranked 81st of 126 Information Technology Services companies by market cap; the shares fell 8.5% over the past year.
- ₹126.11
- ₹127.50
- ₹124.11
- ₹126.06
- 5.9K
Health check
- ReturnsIn line
−8.5% over a year, better than 4 of 7 peers.
- Price tagCheaper
P/E 14.4 vs industry 17.7.
- GrowthStrong
Sales +36.5%, profit +20.1% a year over 3 years.
- ProfitabilityWeak
ROCE 13.0% vs peer median 27.2%.
- Balance sheetFair
Debt 0.29× equity, interest covered 3.7×, Piotroski 7 of 9.
- Red flags1 to check
Promoter stake down from 71.8% to 67.8%.
Small cap
Defensive
Key metrics
- Market cap
- ₹130 Cr
- Small cap
- P/E
- 14.4
- Industry 17.7
- Price to book
- 1.83
- Peers 5.20
- Dividend yield
- 0.04%
- ROE
- 10.7%
- Peers 22.9%
- ROCE
- 13.0%
- Peers 27.2%
- Debt to equity
- 0.29
- Debt ₹25 Cr
- EPS (TTM)
- ₹8.78
- Face value ₹10
- OPM (TTM)
- 9.2%
- Net margin 3.7%
- Sales growth
- +45.9%
- Latest quarter vs a year ago
- Profit growth
- +42.1%
- Latest quarter vs a year ago
- Price to sales
- 0.64
- EV/EBITDA 8.8
Strengths and risks
Strengths
- Quarterly profit up 42.1% on a year ago.
- Quarterly sales up 45.9% on a year ago.
Risks to check
- Promoter stake down from 71.8% to 67.8%.
About Reliable Data Services
Reliable Data Services Limited provides customized services to banking, financial services, and other manufacturing industries in the field of back-office processing, and front office follow ups and management services in India. It offers transaction processing services, such as pick-up and processing cheques, drafts, and documents from clients; bank clearances and to expedite remittances; coordinating funds activity between banks and their clients;…
- Headquarters
- Noida
- Sector
- Technology
- ISIN
- INE375Y01018
- Website
- rdspl.com
Price range
- Avg volume (3M)
- 47.4K
- 1-year return
- minus 8.5%
- From 52-week high
- minus 27.8%
Peers · Information Technology Services
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TCSTata Consultancy Services | 2,498.50 | plus 0.11% | 9,03,979 | 17.5 | 7.60 | 54.9% | 45.6% | 26.5% | 5.8% | 5.3% | 1.92% | minus 16.5% |
| INFYInfosys | 1,181.40 | plus 1.20% | 4,78,511 | 15.7 | 4.91 | 39.0% | 30.0% | 23.1% | 6.7% | 6.9% | 4.40% | minus 20.5% |
| HCLTECHHCL Technologies | 1,440.00 | plus 0.66% | 3,89,754 | 21.3 | 5.20 | 27.2% | 24.6% | 20.8% | 8.7% | 3.9% | 3.33% | minus 6.4% |
| WIPROWipro | 198.00 | minus 0.20% | 1,95,898 | 15.6 | 2.46 | 17.8% | 15.9% | 19.2% | 0.8% | 5.2% | 4.04% | minus 16.6% |
| TECHMTech Mahindra | 1,831.00 | plus 0.46% | 1,79,476 | 29.4 | 5.47 | 19.8% | 19.2% | 17.2% | 2.2% | −0.1% | 2.79% | plus 29.3% |
| LTMLTM | 4,338.00 | minus 1.25% | 1,28,620 | 24.6 | 4.97 | 25.4% | 21.0% | 17.9% | 8.4% | 4.4% | 1.80% | minus 21.8% |
| PERSISTENTPersistent Systems | 6,053.50 | minus 0.92% | 99,859 | 53.0 | 11.12 | 29.4% | 22.9% | 16.9% | 20.9% | 26.5% | 0.59% | plus 4.3% |
| RELIABLEReliable Data Services | 126.35 | plus 0.23% | 130 | 14.4 | 1.83 | 13.0% | 10.7% | 9.2% | 36.5% | 20.1% | 0.04% | minus 8.5% |
| Median of 7 peers | – | 0.11% | 1,95,898 | 21.3 | 5.20 | 27.2% | 22.9% | 19.2% | 6.7% | 5.2% | 2.79% | −16.5% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 39.5 | 69.1 | 23.5 | 55 | 57.6 | |
| 35.2 | 63.4 | 17.6 | 52.3 | 53 | |
| 4.3 | 5.7 | 5.9 | 2.7 | 4.6 | |
| 10.8% | 8.3% | 25.1% | 5.0% | 7.9% | |
| 0 | 0 | 0 | 0.3 | 0 | |
| 1 | 1 | 0.9 | 0.9 | 0.7 | |
| 1 | 1.7 | 0.8 | 0.4 | 0.6 | |
| – | – | – | −0.1 | −0.1 | |
| 2.3 | 3 | 4.3 | 1.6 | 3.2 | |
| 26.0% | 26.0% | 26.0% | 21.9% | 26.0% | |
| 1.7 | 2.2 | 3.1 | 1.3 | 2.4 | |
| 1.63 | 2.17 | 3.05 | 1.24 | 2.32 |
Profit & loss
- Sales CAGR 3Y
- +36.5%
- Profit CAGR 3Y
- +20.1%
- EPS CAGR 3Y
- +13.0%
- ROE
- 10.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 72.8 | 79.4 | 131 | 185 | |
| – | +9.0% | +64.5% | +41.7% | |
| 63.5 | 66.3 | 115 | 168 | |
| 9.4 | 13.1 | 16 | 17.5 | |
| 12.9% | 16.5% | 12.2% | 9.4% | |
| 1.2 | 0.1 | 4.7 | 0.3 | |
| 2.3 | 2.8 | 4 | 3.7 | |
| 2.1 | 3.4 | 2.8 | 3.9 | |
| −0.1 | −0.1 | −0.2 | −0.1 | |
| 6 | 6.9 | 13.6 | 10.1 | |
| 21.1% | 23.1% | 24.1% | 31.6% | |
| 4 | 5 | 9 | 6.9 | |
| – | +26.6% | +79.2% | minus 23.7% | |
| 4.62 | 5.13 | 10.03 | 6.67 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10.3 | 10.3 | 10.3 | 10.3 | |
| 34.2 | 38.8 | 46.8 | 61.1 | |
| 29.1 | 38.1 | 46.5 | 46.3 | |
| 40.9 | 35.6 | 48.6 | 65.3 | |
| 115 | 123 | 152 | 183 | |
| 34 | 40.8 | 33 | 31.3 | |
| 23.6 | 24 | 21.1 | 21.9 | |
| 0.2 | −0.4 | −0.4 | 8.4 | |
| 1.5 | 7.2 | 5.7 | 10.4 | |
| 55.4 | 51.2 | 92.9 | 111 | |
| 115 | 123 | 152 | 183 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −15.4 | −0.3 | 7 | 10.9 | |
| −4.8 | −5 | −12.2 | −7.2 | |
| 20.7 | 6.2 | 5.2 | 0.9 | |
| 0.5 | 0.8 | −0 | 4.7 | |
| −12 | −1.9 | −6.6 | −0.1 | |
| −27.4 | −2.2 | 0.3 | 10.8 | |
| −0.1 | −0 | −0 | – |
Shareholding pattern
- Promoters67.79%
- Public32.21%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 67.79% | 32.21% | 0.00 | |
| 30 Jun 2026 | 67.79% | 32.21% | 0.00 | |
| 31 Mar 2026 | 67.79% | 32.21% | 0.00 | |
| 31 Dec 2025 | 67.79% | 32.21% | minus 3.98 | |
| 30 Sep 2025 | 71.77% | 28.23% | – |
Major shareholders
Filings & events
News
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