ALFA Finder| Management target | Revenue 30.0% FY27 |
|---|
| Revenue growth | H1 +48% stated, later +25%; DMT drop; Q2 PAT ~+100% QoQ. |
|---|---|
| Margins | Q2 margin ~13.8% (analyst-cited); management expects some shrinkage. |
| Demand visibility | Q3–Q4 delinquency, insurance expected strong; Forex demand tied to West Asia. |
| Management confidence | Balanced-to-optimistic; repeated 'try' and 'hope' hedges on margins. |
Growth
H1 revenue +48% stated, later +25% (inconsistent). DMT fell ~25 Cr to ~5 Cr. Q2 vs Q1: PAT ~+100%, EBITA ~+65%.
Outlook
Reiterates 30–40% FY27 YoY growth, no new figures. Will 'try' to hold ~13.8% margin.
Risks
DMT regulatory collapse; margins guided to shrink with investments; P2P license not applied; Forex ramp-up unproven, no margin guidance.
Earnings Call Transcript filed with NSE, NSE: RNFI. Summary written with AI assistance from the document.
RNFI Services Ltd: key numbers
- Share price
- ₹315.00
- Market cap
- ₹799.9 Cr
- Revenue (annual)
- ₹968.6 Cr
- Net profit (annual)
- ₹28.98 Cr
- P/E (TTM)
- 27.6×Sector 21.0×
- Promoter holding
- 64.25%-0.10% QoQ
- FII holding
- 1.35%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from RNFI Services Ltd
All →RNFI Services Management Change
RNFI Services appointed Sameer Nagpal as Group Chief Operating Officer effective 6 November 2026. He is also designated Senior Management Personnel.
RNFI Services Employee Stock Options
RNFI Services granted 7,92,044 employee stock options under its 2026 ESOP plan. The exercise price equals the Rs. 10 face value, with options vesting after one year.
RNFI Services Q2 FY27 Results: Net Profit ₹10.1 Cr, Up 14.8% YoY
RNFI Services Ltd reported revenue from operations of ₹277.9 Cr (+25.3% YoY) and net profit of ₹10.1 Cr (+14.8% YoY) for Q2 FY27.
- Key figure
- Net profit ₹10.1 Cr · +14.8% YoY
RNFI Services Board Meeting Date
RNFI Services will hold a board meeting on 6 November 2026 to consider half-yearly unaudited standalone and consolidated results for September 2026 and ESOP matters. Trading window stays closed until 8 November 2026.
RNFI Services Regulatory Approval
RNFI received RBI no-objection to acquire control of Smart Payment Solutions Private Limited. Remaining tranches may proceed, but no transaction value is disclosed.
RNFI Services Annual General Meeting
RNFI Services announced passage of a resolution via postal ballot, per the scrutinizer's report dated 26 October 2026. Voting results and the scrutinizer's report were filed with NSE.