Rajnandini Fashion India (BSE: RFIL) had a P/E of 5.1× on 6 Nov 2026, below the industry P/E of 17.2×, and the shares are 62% below their 52-week high. Its ROCE of 69% is the highest among the 7 largest Apparel Manufacturing peers. Debt is 0.82× equity. It is listed on an SME platform with a market cap of ₹25 Cr, ranked 47th of 61 Apparel Manufacturing companies by market cap; the shares fell 59% over the past year.
- ₹26.65
- ₹26.65
- ₹24.55
- ₹25.00
- 10K
Health check
- ReturnsBehind
−59.4% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 5.1 vs industry 17.2.
- Growthn/a
Not enough yearly results to measure.
- ProfitabilityStrong
ROCE 68.7% vs peer median 20.1%.
- Balance sheetFair
Debt 0.82× equity, interest covered 9.4×, Piotroski 4 of 9.
- Red flags1 to check
62% below its 52-week high.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹25 Cr
- Small cap
- P/E
- 5.1
- Industry 17.2
- Price to book
- 1.21
- Peers 5.48
- Dividend yield
- 0.00%
- ROE
- 48.4%
- Peers 20.0%
- ROCE
- 68.7%
- Peers 20.1%
- Debt to equity
- 0.82
- Debt ₹12 Cr
- EPS (TTM)
- ₹4.85
- OPM (TTM)
- 12.8%
- Net margin 16.0%
- Sales growth
- n/a
- Year-ago quarter not reported
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 0.69
- EV/EBITDA 3.3
Strengths and risks
Strengths
- Return on equity of 48.4%.
- Return on capital employed of 68.7%.
- P/E of 5.1 against an industry P/E of 17.2.
Risks to check
- 62% below its 52-week high.
About Rajnandini Fashion India
Rajnandini Fashion India Limited engages in the design, manufacturing and sale of women's apparel in India. The company provides kurta sets, kurtas, patiala suits, dress materials, long dresses, short dresses, maternity gowns, plus size apparel, cotton tops, tunics, cords set, sarees, and fabric products under the brand names Merira, Monira, Roly Poly, and Rajnandini. The company offers its products through marketplaces, direct-to-consumer, and business…
- Headquarters
- Surat
- Employees
- 86
- Sector
- Consumer Cyclical
- ISIN
- INE1GM501015
- Website
- rfil.in
Price range
- Avg volume (3M)
- 12.5K
- 1-year return
- minus 59.4%
- From 52-week high
- minus 61.6%
Peers · Apparel Manufacturing
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PAGEINDPage Industries | 35,930.00 | plus 1.15% | 40,076 | 53.0 | 26.67 | 61.5% | 52.5% | 21.4% | 3.8% | 10.2% | 2.23% | minus 11.5% |
| PGILPearl Global Industries | 1,338.80 | 0.00% | 12,368 | 39.9 | 8.46 | 20.1% | 21.2% | 9.0% | 17.5% | 23.0% | 0.54% | plus 105.8% |
| MANYAVARVedant Fashions | 472.80 | minus 6.51% | 11,488 | 29.8 | 5.48 | 22.3% | 20.0% | 44.0% | 1.9% | −4.3% | 1.64% | minus 21.6% |
| GOKEXGokaldas Exports | 682.95 | minus 7.32% | 5,004 | 37.8 | 2.32 | 8.9% | 4.7% | 8.2% | 20.9% | −16.7% | 0.00% | minus 14.5% |
| ABFRLAditya Birla Fashion and Retail | 39.02 | minus 6.61% | 4,748 | – | 0.91 | −3.2% | −12.3% | 8.9% | −13.0% | – | 0.00% | minus 50.3% |
| LUXINDLux Industries | 1,162.40 | plus 0.41% | 3,496 | 34.1 | 1.86 | 9.3% | 5.9% | 6.4% | 7.2% | −9.9% | 0.17% | minus 7.5% |
| SBCSBC Exports | 68.70 | plus 2.86% | 3,271 | 80.8 | 32.48 | 36.4% | 41.5% | 8.7% | 27.2% | 54.1% | 0.00% | plus 176.0% |
| RFILRajnandini Fashion India | 24.59 | minus 1.64% | 25 | 5.1 | 1.21 | 68.7% | 48.4% | 12.8% | – | – | 0.00% | minus 59.4% |
| Median of 7 peers | – | 0.00% | 5,004 | 38.9 | 5.48 | 20.1% | 20.0% | 8.9% | 7.2% | 2.9% | 0.17% | −11.5% |
Quarterly results
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- ROE
- 48.4%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|
| 28 | 23.3 | 30.7 | |
| – | minus 16.7% | +31.6% | |
| 27 | 19.5 | 23 | |
| 1 | 3.8 | 7.7 | |
| 3.7% | 16.3% | 25.0% | |
| −0.2 | 0.1 | 0.2 | |
| 0.3 | 0.6 | 0.8 | |
| 0 | 0.2 | 0.2 | |
| – | – | −0 | |
| 0.5 | 3.1 | 6.8 | |
| 26.0% | 25.3% | 25.4% | |
| 0.4 | 2.3 | 5.1 | |
| – | +511.4% | +121.1% | |
| 0.36 | 2.21 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|
| 0.2 | 0.2 | 0.2 | |
| 1.7 | 4 | 9.1 | |
| 6.2 | 7 | 8.8 | |
| 3.6 | 4.5 | 7.2 | |
| 11.7 | 15.7 | 25.4 | |
| 0.1 | 0.6 | 0.6 | |
| 0 | 0.1 | 0.1 | |
| 11.6 | 15 | 24.7 | |
| 11.7 | 15.7 | 25.4 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|
| −3.7 | 0.8 | −0.6 | |
| −0 | −0.8 | −0.2 | |
| 3.7 | 0 | 0.8 | |
| −0.1 | 0.1 | −0.1 | |
| −0 | −0.8 | −0.2 | |
| −3.7 | 0.1 | −0.8 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.