B.N.Rathi Securities Ltd.

BSE: BNRSEC523019ISIN INE710D01028

Financial Services
Other Financial Services

Share price

₹17.12+0.08 (+0.47%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

Splits and bonuses

24 Jan 2025 · Bonus 1:1
24 Jan 2025 · Split 2:1 (₹10 → ₹5)

52W high: ₹23.70
52W low: ₹10.81
Off 52W high: -27.76%
1M return: +7.00%
3M return: -20.07%
6M return: +4.71%
1Y return: -9.61%
20D avg volume: 23,750
50 DMA: ₹17.43
200 DMA: ₹16.63

Key ratios Consolidated

Market cap: ₹71.48 Cr
Current price: ₹17.12
52W high / low: ₹23.70 / ₹10.81
Face value: ₹5.00
P/E: 6.80
P/B: 0.91
EPS (TTM): ₹2.52
Book value / share: ₹18.90
ROE: —
ROCE: 17.90%
Operating margin: —
Net margin: —
Debt / equity: 0.00
Net debt: ₹-67.09 Cr
Interest cover: 18.99
Dividend yield: 2.92%
Dividend / share (TTM): ₹0.50
Payout: 19.84%
Cash conversion cycle: 109.6 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	16.01	14.84	15.37	12.61	11.58	8.38	11.45	14.38	13.62	—
	2.25	2.45	2.37	2.15	1.95	1.92	2.65	2.89	2.86	—
	18.26	17.30	17.74	14.76	13.52	10.29	14.10	17.27	16.48	—
	14.50	13.75	13.73	11.51	10.84	9.55	12.01	12.00	11.92	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	2.51	2.34	2.36	2.30	2.30	2.31	3.09	2.41	2.22	—
	0.29	0.21	0.24	0.15	0.14	0.19	0.19	0.21	0.28	—
	0.23	0.15	0.12	0.14	0.12	0.16	0.17	0.17	0.16	—
	11.47	11.05	11.00	8.91	8.27	6.89	2.93	2.72	2.87	—
	3.77	3.54	4.01	3.25	2.69	0.75	2.09	5.26	4.57	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	3.77	3.54	4.01	3.25	2.69	0.75	2.09	5.26	4.57	—
	1.22	0.92	1.01	0.91	1.23	0.38	0.54	1.28	1.08	—
	2.54	2.62	3.00	2.34	1.45	0.37	1.55	3.98	3.48	—
	0.62	0.63	0.72	0.75	0.35	0.09	1.47	3.89	3.51	—
Key metrics
	4.29	3.90	4.37	3.54	2.95	1.10	2.45	5.64	5.01	—
	26.80%	26.30%	28.40%	28.10%	25.50%	13.10%	21.40%	39.20%	36.80%	—
	15.90%	17.70%	19.50%	18.60%	12.50%	4.40%	13.50%	27.70%	25.60%	—
	—	4.70%	—	4.60%	—	1.30%	—	—	—	—
	38.30%	77.10%	34.20%	-12.30%	-15.00%	—	—	—	—	—
	75.20%	608.10%	93.50%	-41.20%	-58.30%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	58.83	54.40	47.82	—
	9.22	8.92	10.32	—
	68.06	63.32	58.14	—
	53.49	49.83	45.48	—
	0.00	0.00	0.00	—
	0.00	0.00	0.00	—
	9.51	9.31	10.03	—
	0.89	0.75	0.86	—
	0.64	0.54	0.65	—
	42.43	39.23	33.93	—
	14.57	13.49	12.66	—
	0.00	0.00	0.00	—
	14.57	13.49	12.66	—
	4.06	4.07	3.27	—
	10.50	9.42	9.39	—
	2.72	2.27	2.30	—
Key metrics
	16.10	14.78	14.17	—
	27.37%	27.20%	29.60%	—
	17.85%	17.30%	19.60%	—
	—	17.90%	18.90%	—
	28.48%	13.80%	—	—
	42.86%	0.30%	—	—
	—	10.35	-23.18	—
	—	1.11	-2.41	—
	—	0.00	0.00	—
	—	-67.09	-32.24	—
	—	109.6	103.6	—
Balance sheet
	—	206.30	183.82	—
	—	123.60	83.78	—
	—	67.09	32.24	—
	—	19.78	15.83	—
	—	0.00	0.00	—
	—	0.63	0.64	—
	—	3.15	3.63	—
	—	3.44	2.25	—
	—	126.87	112.30	—
	—	0.00	0.00	—
	—	0.00	0.00	—
	—	0.00	0.00	—
	—	79.00	71.06	—
Cash flow
	—	10.50	-22.63	—
	—	27.00	39.65	—
	—	-2.66	-1.95	—
	—	0.15	0.55	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	15.36	14.83	15.03	12.55	11.40	8.84	11.37	14.22	13.18	—
	2.25	2.45	2.36	2.15	1.94	2.23	2.64	2.77	2.64	—
	17.61	17.28	17.39	14.70	13.34	11.07	14.02	16.99	15.82	—
	14.30	13.31	13.40	11.11	10.68	9.34	11.84	11.89	11.63	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	2.38	2.19	2.21	2.16	2.17	2.19	2.98	2.34	2.16	—
	0.29	0.21	0.24	0.15	0.14	0.19	0.19	0.21	0.28	—
	0.22	0.14	0.11	0.13	0.11	0.15	0.15	0.17	0.16	—
	11.41	10.77	10.84	8.66	8.26	6.82	2.88	2.67	2.65	—
	3.31	3.96	3.99	3.59	2.67	1.73	2.18	5.10	4.19	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	3.31	3.96	3.99	3.59	2.67	1.73	2.18	5.10	4.19	—
	1.06	0.94	1.03	0.96	1.06	0.64	0.61	1.29	0.98	—
	2.25	3.03	2.96	2.63	1.61	1.09	1.57	3.81	3.21	—
	0.54	0.73	0.71	0.63	0.39	0.26	1.52	3.72	3.13	—
Key metrics
	3.82	4.31	4.34	3.87	2.92	2.07	2.52	5.48	4.63	—
	24.90%	29.10%	28.90%	30.80%	25.60%	23.40%	22.20%	38.50%	35.10%	—
	14.60%	20.40%	19.70%	21.00%	14.10%	12.30%	13.80%	26.80%	24.40%	—
	—	5.50%	—	5.30%	—	2.80%	—	—	—	—
	34.70%	67.80%	32.20%	-11.70%	-13.50%	—	—	—	—	—
	39.80%	178.00%	88.50%	-31.00%	-49.80%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	57.77	53.81	47.61	—
	9.21	8.89	10.29	—
	66.98	62.70	57.90	—
	52.12	48.50	44.70	—
	0.00	0.00	0.00	—
	0.00	0.00	0.00	—
	8.94	8.72	9.66	—
	0.89	0.75	0.86	—
	0.60	0.50	0.63	—
	41.68	38.53	33.55	—
	14.85	14.21	13.20	—
	0.00	0.00	0.00	—
	14.85	14.21	13.20	—
	3.99	3.98	3.52	—
	10.87	10.22	9.68	—
	2.61	2.46	2.35	—
Key metrics
	16.34	15.46	14.69	—
	28.28%	28.70%	30.90%	—
	18.82%	19.00%	20.30%	—
	—	19.60%	20.80%	—
	26.05%	13.00%	—	—
	34.53%	5.60%	—	—
	—	11.19	-21.75	—
	—	1.11	-2.22	—
	—	0.00	0.00	—
	—	-67.03	-32.06	—
	—	110.7	103.9	—
Balance sheet
	—	203.02	179.74	—
	—	120.57	80.05	—
	—	67.03	32.06	—
	—	19.75	15.80	—
	—	0.00	0.00	—
	—	0.60	0.59	—
	—	2.91	3.35	—
	—	3.44	2.24	—
	—	126.87	112.29	—
	—	0.00	0.00	—
	—	0.00	0.00	—
	—	0.00	0.00	—
	—	75.73	66.99	—
Cash flow
	—	11.34	-21.50	—
	—	26.28	38.56	—
	—	-2.66	-2.15	—
	—	0.15	0.25	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +26.05%
Profit YoY (TTM): +34.53%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +28.48%
Profit YoY (TTM): +42.86%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 46.76%

Quarter	September 2026	June 2026
Promoter %	46.76%	46.76%

Holder	Type	Holding	Previous	Change
HARI NARAYAN RATHI	Promoter	28.02%	28.02%	0.00%
NISHA RATHI	Promoter Group	12.17%	12.17%	0.00%
CHANDA DEVI RATHI	Promoter Group	6.43%	6.43%	0.00%
DARSHAN P DESAI HUF	Public	4.11%	4.11%	0.00%
INVESTOR EDUCATION PROTECTION FUND	Public	2.01%	—	—
AMIT RATHI	Public	1.10%	1.10%	0.00%
CHETAN RATHI	Promoter	0.14%	0.14%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
CRISIL Ltd.	32,521	4,447.00	36.31	—	+23.83% TTM	+19.56% TTM	-6.93%
RRP SEMICONDUCTOR LIMITED S	10,960	8,044.35	-1,406.35	-48.10%	-125.76% TTM	-220.15% TTM	-2.51%
OnEMI Technology Solutions Limited	5,619	315.45	—	—	—	—	—
ASSET RECONSTRUCTION COMPANY (INDIA) LIMITED	4,035	124.20	11.47 FY26	—	+24.05% FY26	+4.35% FY26	—
COLAB PLATFORMS LIMITED S	2,497	122.40	510.00	22.30%	+99.71% TTM	+34.16% TTM	-35.27%
GYFTR LIMITED S	1,406	183.00	81.09	5.40%	+1,951.89% TTM	+822.34% TTM	-8.70%
Prime Securities Ltd.	1,012	298.00	217.27	—	+14.40% TTM	-87.30% TTM	-1.86%
Centrum Capital Limited	908	18.66	-4.12	14.70%	+0.53% TTM	-141.77% TTM	-43.37%
Wealth First Portfolio Managers Limited	872	818.00	31.61	30.30%	—	—	-26.90%
REGENCY FINCORP LIMITED S	546	63.45	24.54	—	+137.19% TTM	+127.43% TTM	+62.69%
STELLANT SECURITIES (INDIA) LIMITED	521	916.45	—	—	+41.67% TTM	—	+211.45%
THE INVESTMENT TRUST OF INDIA LIMITED	465	89.00	12.60	8.80%	-22.27% TTM	-14.67% TTM	-36.61%
NDL Ventures Limited S	379	112.65	489.78	2.00%	-100.00% TTM	+13.64% TTM	+26.89%
Corporate Merchant Bankers Limited S	304	47.97	228.43	2.20%	-68.94% TTM	-160.85% TTM	-84.12%
GAMCO LIMITED	232	43.00	-7.87	—	—	—	+3.54%
Kartik Investments Trust Ltd. S	195	8,001.00	37.21	67.20%	+9,666.67% TTM	+26,350.00% TTM	—
Jhaveri Credits & Capital Ltd. S	192	173.30	237.82	1.60%	+153.42% TTM	-67.74% TTM	-11.29%
Alacrity Securities Limited S	185	39.68	56.69	10.30%	-5.63% TTM	-71.54% TTM	-32.11%
Shree Salasar Investment Ltd.	181	259.50	8.35	20.10%	+108.98% TTM	+386.52% TTM	+847.08%
LEXORA GLOBAL LIMITED	159	159.40	553.47	3.40%	—	—	-19.37%
Available Finance Ltd.	145	141.85	0.98	—	+7.02% TTM	+38.45% TTM	-8.95%
Maha Rashtra Apex Corporation Ltd	139	49.40	-4.70	0.60%	+144.32% TTM	-194.19% TTM	—
Paul Merchants Ltd.	139	449.50	-14.13	2.20%	-29.47% TTM	-102.91% TTM	-31.74%
DELPHI WORLD MONEY LIMITED S	136	5.55	24.13	3.30%	-18.21% TTM	+620.51% TTM	-59.00%
Reliable Data Services Limited	127	123.05	13.97	13.10%	+37.18% TTM	-17.59% TTM	-9.52%
B.N.Rathi Securities Ltd.	71	17.12	6.80	17.90%	+28.48% TTM	+42.86% TTM	-9.61%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

BN Rathi Securities Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/11/2026 ,inter alia, to consider and approve 1. un-audited financial ....2 Nov 2026 · Board Meeting / Board Meeting
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Priyanka Darshan Desai17 Oct 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Darshan P Desai HUF17 Oct 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Certificate under Regulation 74(5) of the SEBI (DP) regulations 2018 for the quarter ended 30.09.202614 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
We wish to inform you that B N Rathi Securities Limited has received approval from SEBI for registration as a Merchant Banker under the applicable provisions of the SEBI merchant banker ....6 Oct 2026 · Company Update / General
Closure of trading window w.e.f 01.10.2026 till 48 hours after the declaration of unaudited financial results for the quarter and half year ended 30.09.202622 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
scrutinizer report for the 40th Annual General meeting14 Aug 2026 · AGM/EGM / AGM
outcome of 40th Annual General Meeting held on 14.08.202614 Aug 2026 · AGM/EGM / AGM
With reference to the subject cited, please find the enclosed newspaper clippings published in Business Standard and Nava Telangana on 14th August, 2026 in respect to unaudited financial ....14 Aug 2026 · Company Update / Newspaper Publication
Financial results for the quarter ended 30.06.202612 Aug 2026 · Result / Financial Results
Financial results for the quarter ended 30.06.202612 Aug 2026 · Board Meeting / Outcome of Board Meeting
BN Rathi Securities Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve 1. unaudited financial ....3 Aug 2026 · Board Meeting / Board Meeting
Newspaper publication on 21.07.202622 Jul 2026 · Company Update / Newspaper Publication
Board of Directors has approved an investment in their board meeting held on 21.07.2026.21 Jul 2026 · Company Update / General
Intimation of book closure, cut off date and evoting schedule for the 40th AGM for the financial year 2025-26 scheduled on 14th August, 202620 Jul 2026 · Corp. Action / Book Closure
In Compliance with Regulation 34 of SEBI (LODR) Regulations 2015, we are herewith submitting the 40th AGM Annual Report for the Financial Year 2025-26 of the Company, which is being dispatched ....20 Jul 2026 · Others / Reg. 34 (1) Annual Report
We are herewith submitting the 40th AGM Annual Report for the financial year 2025-26, which is being dispatched to our shareholders on 20.07.2026. The 40th Annual General Meeting scheduled ....20 Jul 2026 · AGM/EGM / AGM
Certificate under regulation 74(5) of the SEBI Depositories and Participants) Regulations 2018.14 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
The trading window for dealing in the securities of the company will remain closed from 01.07.2026 till 48 hours after the declaration of unaudited financial results for the quarter ended 30.06.202622 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
newspaper clippings regarding notice to shareholders of the company intimating that equity shares in respect of which dividend remain unclaimed for 7 consecutive years would be transfered ....6 Jun 2026 · Company Update / Newspaper Publication
Newspaper clippings published in Business Standard and nav Telangana on 16th May, 2026 in respect to audited financial results for the quarter and year ended 31.03.2026.16 May 2026 · Company Update / Newspaper Publication
Recommended a dividend of 10% ( i.e. 0.50 paisa ) per share subject to approval of members at the ensuing annual general meeting14 May 2026 · Corp. Action / Dividend
outcome of the board meeting held on 14.05.202614 May 2026 · Board Meeting / Outcome of Board Meeting
Audited financial statements as on 31.03.202614 May 2026 · Result / Financial Results
BN Rathi Securities Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/05/2026 ,inter alia, to consider and approve 1. Audited financial results ....4 May 2026 · Board Meeting / Board Meeting
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate. <table border=''1px''> <tr> <td>Sr. No.</td> <td>Particulars</td> ....23 Apr 2026 · Others / Format of the Annual Disclosure to be made by an entity identified as a LC : Annexure B2
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. <table border=''1px''><tr> <td>Sr. No.</td> <td>Particulars</td> <td>Details</td> ....22 Apr 2026 · Others / Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
This is to certify that details of securities dematerialisatioed during the quarter ended 31.03.2026 as required under regulation 74(5) of SEBI (DP) regulations 2018, have been furnished ....8 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading window under SEBI ( PIT ) regulations 201520 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
newspaper publication in Business standard and nava telangana on 13th february 2026 in respect to unaudited financial results for the quarter and nine months ended 31.12.202513 Feb 2026 · Company Update / Newspaper Publication
In continuation to our letter dated 12.02.2026 regarding the technical issue faced in generating the UDIN by our statutory auditors, we hereby submit the UDIN certificate for both the ....13 Feb 2026 · Company Update / General
Termination of the agreement and withdrawal of proposal12 Feb 2026 · Company Update / General
outcome of the board meeting.12 Feb 2026 · Board Meeting / Outcome of Board Meeting
Unaudited financial results for the quarter and nine months ended 31.12.202512 Feb 2026 · Result / Financial Results
BN Rathi Securities Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/02/2026 ,inter alia, to consider and approve 1. unaudited financial ....4 Feb 2026 · Board Meeting / Board Meeting
Certificate under regulation 74(5) of the SEBI (depositories and participants) regulations, 2018 for the quarter ended 31.12.20259 Jan 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of trading window24 Dec 2025 · Insider Trading / SAST / Closure of Trading Window
The Board of Directors in their meeting held on considered and approved the following: 1. The proposal for transfer of business from M/s SVCM Securities Private Limited a registered ....17 Dec 2025 · Company Update / General
the Board of directors in their meeting held on 17.12.2025 considered and approved the following : 1. 1. The proposal for transfer of business from M/s SVCM Securities Private Limited, ....17 Dec 2025 · Others / Outcome without intimation
Newspaper publication clippings published in business standard and nav telangana on 13th November, 202513 Nov 2025 · Company Update / Newspaper Publication

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 0.5000	7 Aug 2026	7 Aug 2026	—
Final Dividend - Rs. - 0.5000	25 Jul 2025	25 Jul 2025	—
Stock Split From Rs.10/- to Rs.5/-	24 Jan 2025	24 Jan 2025	—
Bonus issue 1:1	24 Jan 2025	24 Jan 2025	—

Board meetings

12 Nov 2026 Board Meeting - Financial Results
12 Aug 2026 Board Meeting - Financial Results