In ₹ Crore except Per Share Latest Annual	REFEX FY26	RCF FY26	RALLIS FY25	RAIN FY26	Peer Average
Valuation — at last close
P/E	14.55×	◆ 12.50×	—	57.13×	34.81× -58%
P/B	2.03×	◆ 1.04×	—	—	1.04× +94%
EV/EBITDA	◆ 7.90×	9.89×	—	—	9.89× -20%
Market Cap	₹3,050 Cr	₹5,344 Cr	—	₹6,936 Cr	₹6,140 Cr -50%
Growth
Revenue CAGR 3Y	◆ 11.80%	-4.85%	0.75%	-33.50%	-12.53% +194%
Revenue CAGR 5Y	◆ 29.19%	17.41%	3.41%	-24.26%	-1.15% +2646%
Net Income CAGR 3Y	◆ 20.63%	-23.81%	-8.66%	—	-16.23% +227%
Revenue YoY (latest Q)	◆ 78.36%	6.38%	7.70%	17.40%	10.49% +647%
Net Income YoY (latest Q)	40.07%	35.09%	-274.33%	◆ 310.85%	23.87% +68%
Profitability
EBITDA Margin	◆ 15.69%	5.09%	10.77%	15.41%	10.42% +51%
Net Income Margin	◆ 8.95%	2.31%	4.70%	3.49%	3.50% +156%
Return on Common Equity	◆ 14.97%	8.66%	6.72%	—	7.69% +95%
Return on Capital Employed	◆ 21.56%	9.44%	8.33%	—	8.88% +143%
Return on Assets	◆ 8.78%	3.06%	4.19%	—	3.63% +142%
Credit & Quality
Total Debt/Equity	0.11×	0.80×	◆ 0.01×	—	0.41× -73%
Interest Coverage	10.51×	2.21×	◆ 13.31×	1.88×	5.80× +81%
Scale — latest FY
Revenue / Total Income	₹2,277 Cr	₹18,480 Cr	₹2,663 Cr	₹4,521 Cr	₹8,555 Cr -73%
Net Income	₹204 Cr	₹427 Cr	₹125 Cr	₹158 Cr	₹237 Cr -14%
Total Assets	₹2,843 Cr	₹16,701 Cr	₹2,974 Cr	—	₹9,838 Cr -71%
EPS	₹15.28	₹7.75	—	₹3.61	₹5.68 +169%
Book Value per Share	₹109.63	₹92.83	—	—	₹92.83 +18%

◆ best value in the comp set per metric · Δ = subject vs average of the other companies.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.