Company Valuation: B. N. Rathi Securities Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 123.5 284.8 284.8 856.4 1,094 471.8
Change - 130.61% 0% 200.74% 27.79% -56.89%
Enterprise Value (EV) 1 106.4 17.36 -37.15 246.8 773.7 -198.2
Change - -83.68% -314.04% 764.38% 213.48% -125.61%
P/E 3.4x 3.85x 3.76x 8.87x 11.5x 5.02x
PBR 0.5x 0.78x 0.65x 1.66x 1.54x 0.6x
PEG - 0.2x 1.57x 0.3x -0.6x -2.43x
Capitalization / Revenue 0.38x 0.68x 0.63x 1.51x 1.9x 0.75x
EV / Revenue 0.33x 0.04x -0.08x 0.44x 1.34x -0.31x
EV / EBITDA - - - - - -
EV / EBIT - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Dividend per Share 2 0.3 0.25 0.375 0.375 0.5 0.5
Rate of return 4.9% 2.95% 4.42% 1.47% 1.9% 4.42%
EPS 2 1.804 2.202 2.255 2.875 2.297 2.25
Distribution rate 16.6% 11.4% 16.6% 13% 21.8% 22.2%
Net sales 1 325.1 421.8 451.4 566.6 575.3 629.4
EBITDA - - - - - -
EBIT - - - - - -
Net income 1 36.37 50.07 75.79 105.3 94.64 94.36
Net Debt 1 -17.11 -267.4 -321.9 -609.6 -320.6 -670
Reference price 2 6.12 8.48 8.48 25.49 26.37 11.30
Nbr of stocks (in thousands) 20,160 33,600 33,600 33,600 41,500 41,750
Announcement Date 7/12/21 6/24/22 6/5/23 6/4/24 7/1/25 7/20/26
1INR in Million2INR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 7.22M
14.57x6.79x - 2.29% 295B
13.01x10.19x - 2.12% 271B
11.57x - - 1.94% 213B
15.71x6.3x10.48x1.3% 170B
12.37x8.61x13.93x2.73% 58.7B
9.57x1.37x - 3.85% 57.65B
18.37x10.3x11.58x0.68% 41.93B
8.97x4.07x - 3.69% 41.93B
31.29x4.08x5.21x0.4% 38.88B
Average 15.05x 6.46x 10.30x 2.11% 118.9B
Weighted average by Cap. 13.97x 7.37x 10.62x 2.07%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


  1. Stock Market
  2. Stocks
  3. BNRSEC6 Stock
  4. Valuation B. N. Rathi Securities Limited