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Rajasthan Securities financials and balance sheet

BSE: 526873Petroleum ProductsSmall Cap

Last close ₹60.20up ₹0.07 (0.12%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹60.13.

52-week range of traded prices to 23 Oct 2026
₹29.00Low, 2 Feb 2026₹64.00High, 3 Sep 2026
Market cap
₹463 Cr2,094th largest listed
P/E
7.0
P/B
4.0
Dividend yield
Nonein the last 12 months
ROE
87.1%
ROCE
21.1%
Debt to equity
0.00
Volume, BSE
2,335

10 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.Rajasthan Securities annual reports

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
Peak revenue ₹61 Cr, year to Mar 2026A loss in 8 of the 10 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin

Results for the year to Mar 2026

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

From revenue to net profit

  1. Revenue61
  2. Materials and goods−2.4
  3. Employee costs−0.1
  4. Other expenses−25
  5. Operating profit34
  6. Depreciation0.0
  7. Other income+71
  8. One-off items0.0
  9. Finance costs−0.8
  10. Profit before tax104
  11. Tax−23
  12. Net profit81

What the company owns

  • Plant, investments and other assets₹139 Cr
  • Cash and bank₹1 Cr
  • Inventory₹1 Cr

What pays for it: net worth and liabilities

  • Net worth₹117 Cr
  • Other liabilities₹24 Cr

Profit and loss

Standalone, ₹ crore, years to March.Rajasthan Securities quarterly results

₹ croreMar 2017Mar 2018Mar 2019Filed 11 JunMar 2020Filed 7 JulMar 2021Filed 6 JulMar 2022Filed 13 JunMar 2023Filed 28 JulMar 2024Filed 27 JunMar 2025Filed 13 JunMar 2026Filed 29 May
Revenue from operations––00–000061
––000010028
Materials and goods bought0–00000002
Employee costs––00000000
Other expenses––000010025
Operating profit before depreciation––00–0−10034
Operating margin–––––––––54.9%
Materials, % of revenue–––––––––3.9%
Employee costs, % of revenue–––––––––0.2%
Other expenses, % of revenue–––––––––40.9%
Depreciation and amortisation––00000000
Operating profit after depreciation––00–0−10034
Other income––000000871
Finance costs––00000001
One-off items––00000000
Profit before tax000000−108104
––000000123
Net profit000000−10781
Net margin–––––––––132.3%
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2017 and Mar 2018: the statement does not state its revenue, finance costs or depreciation, which operating profit is worked out from, so operating profit is not given. Revenue from operations, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2021: the filing states revenue as 0 for a year whose own quarters state revenue, a placeholder rather than a figure, so revenue and what is made from it are not held.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2019Filed 11 JunMar 2020Filed 7 JulMar 2021Filed 6 JulMar 2022Filed 13 JunMar 2023Filed 28 JulMar 2024Filed 27 JunMar 2025Filed 13 JunMar 2026Filed 29 May
222182936117
Share capital52222232323
Reserves−4000661394
00045000
000400123
00005001
Total assets2225132937141
222512293113
0000107127
Net debt0004400−1
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Cash flow

Standalone, ₹ crore, years to March.

₹ croreMar 2022Filed 13 JunMar 2023Filed 28 JulMar 2024Filed 27 JunMar 2025Filed 13 JunMar 2026Filed 29 May
−0.4−1.0−1.02.3−61.6
−0.4−1.0−1.03.3−37.7
0.00.0−0.5−4.7−98.0
Inventories0.00.00.00.0−0.8
Other working capital0.00.0−0.5−4.7−97.2
Tax paid0.00.00.0−1.0−22.6
Capital spending0.00.00.00.00.2
Free cash flow−0.4−1.0−1.02.3−61.9
0.0−7.0−16.0−2.563.2
0.58.416.60.0−0.8
Dividends paid0.00.00.00.00.0
Shares bought back0.00.00.00.00.0
Shares issued0.00.021.50.00.0
Net change in cash0.10.3−0.4−0.20.8
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2017, Mar 2018, Mar 2019, Mar 2020 and Mar 2021.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2017Mar 2018Mar 2019Filed 11 JunMar 2020Filed 7 JulMar 2021Filed 6 JulMar 2022Filed 13 JunMar 2023Filed 28 JulMar 2024Filed 27 JunMar 2025Filed 13 JunMar 2026Filed 29 May
Earnings per share−₹0.14−₹0.18−₹0.14−₹0.04−₹0.17−₹0.19−₹1.92−₹0.06₹0.91₹10.54
Diluted earnings per share−₹0.14−₹0.18−₹0.14−₹0.04−₹0.17−₹0.19−₹1.92−₹0.06₹0.91₹10.54
Book value per share––₹3.45₹3.28₹3.09₹2.29₹14.79₹3.76₹4.67₹15.21
Shareholder yield–––––0.0%0.0%−251.2%0.0%0.0%
Market cap at the year end (₹ crore)33–––449412354

Ratios

Standalone, years to March.Rajasthan Securities PE ratio and valuation

RatioMar 2019Filed 11 JunMar 2020Filed 7 JulMar 2021Filed 6 JulMar 2022Filed 13 JunMar 2023Filed 28 JulMar 2024Filed 27 JunMar 2025Filed 13 JunMar 2026Filed 29 May
Net profit growth–––––––1,054.8%
Earnings per share growth–––––––1,058.2%
Return on equity–––––––106.0%
Return on capital employed−8.8%−4.8%–−6.3%−5.8%−0.4%−0.6%28.7%
Cash conversion––––––32.6%−76.1%
Interest cover–––––––42.2
Debt to equity0.000.060.123.420.610.000.000.00
Receivable days–––––––0
Inventory days–––––––121
Payable days–––––––0
Cash conversion cycle, days–––––––121
Working capital days–––––––616
Asset turnover0.000.00–0.000.000.000.000.69
Assets per rupee of net worth1.011.041.112.551.991.131.021.16
Sales per rupee of plant–––––––281.83
Capital spending to depreciation–––––––8.73
Plant being built, % of plant in use–––––––0.0%
Interest cover is left blank for the year to Mar 2021: the filing states revenue as 0 for a year whose own quarters state revenue, a placeholder rather than a figure, so revenue and what is made from it are not held. Interest cover is left blank for the years to Mar 2022, Mar 2023 and Mar 2024: operating profit after depreciation is a loss, and a loss covers no interest bill. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2026.

Return on assets, latest year
91.2%
Cash from operations against operating profit
−183.2%
Measure5 years3 years
Return on capital employed, average3.1%9.3%
Asset turnover, average0.140.23
Debt to equity, average0.800.00

Where the cash came from and went

Standalone: the listed company alone, without its subsidiaries. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ crore5 years3 yearsLatest year
Cash from operations−61.8−60.3−61.6
Cash from investing37.744.763.2
Cash from financing24.715.8−0.8
Capital spending0.20.20.2
Dividends paid0.00.00.0
Shares bought back0.00.00.0
Shares issued for cash21.521.50.0
Borrowings raised4.60.00.0
Borrowings repaid4.84.80.0

Accounting checks

Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Altman Z-scorePublished threshold 1.81−0.541.055,061.84211.4713.70
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets0.0077.2579.1721.7989.44
Cash from operations to profit, 3 yearsPublished threshold 0.7 times–––0.05−0.69
Other current assets growth less revenue growthOur threshold 5 per cent of revenue––––203.73
Assets under construction, years of additionsOur threshold 2 years of additions––––0.00
Effective tax ratePublished threshold 17.16 per cent–––12.7022.35
Tax charged less tax paid, % of profitOur threshold 10 percentage points–––0.000.68
A threshold marked as ours has no published figure; it is the line we read the check against.