Company Valuation: R R Securities Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 7.123 6.791 10.35 16.66 38.06 151.6
Change - -4.66% 52.44% 60.93% 128.44% 298.41%
Enterprise Value (EV) 1 6.787 6.862 10.62 17.55 38.89 153.2
Change - 1.1% 54.71% 65.29% 121.6% 293.86%
P/E -3.51x 3.95x 44.7x -78.9x 39.4x 201x
PBR 0.16x 0.15x 0.23x 0.37x 0.83x 3.25x
PEG - -0x -0.5x 0x -0x -9.2x
Capitalization / Revenue 84.2x 2.67x 9.19x 48.8x 23.2x 51.1x
EV / Revenue 80.3x 2.7x 9.43x 51.4x 23.7x 51.6x
EV / EBITDA - - - - - -
EV / EBIT -7.57x 3.91x 45x -109x 39.2x 66x
EV / FCF -14.5x 4.42x 37.3x -12.4x 61.9x 95.7x
FCF Yield -6.9% 22.6% 2.68% -8.08% 1.62% 1.05%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.6726 0.57 0.0768 -0.07 0.32 0.25
Distribution rate - - - - - -
Net sales 1 0.0846 2.546 1.126 0.3414 1.643 2.965
EBITDA - - - - - -
EBIT 1 -0.8969 1.756 0.2358 -0.1606 0.9931 2.319
Net income 1 -2.03 1.733 0.2317 -0.2072 0.9743 0.7589
Net Debt 1 -0.3354 0.0713 0.2642 0.8881 0.8279 1.529
Reference price 2 2.36 2.25 3.43 5.52 12.61 50.24
Nbr of stocks (in thousands) 3,018 3,018 3,018 3,018 3,018 3,018
Announcement Date 9/11/20 A 9/6/21 A 9/3/22 A 8/25/23 A 9/2/24 A 9/3/25 A
1INR in Million2INR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 498K
20.2x5.66x12.14x2.1% 169B
15.14x3.64x - 2.37% 161B
16.99x7.52x - 1.48% 106B
26.19x12.24x21.03x4.12% 77.18B
13.81x5.29x - 1.9% 50.59B
12.11x1.83x5.63x1.22% 48.25B
5.64x5.55x4.84x3.3% 38.63B
14.33x5.31x16.55x1.84% 33.32B
Average 15.55x 5.88x 12.04x 2.29% 76.01B
Weighted average by Cap. 17.04x 5.90x 12.79x 2.27%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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