Operates as a Kolkata-based RBI-registered non-banking financial company (NBFC) listed on BSE (scrip code 539669) and the Calcutta Stock Exchange. FY26 revenue was Rs 0.5378 crore and net profit Rs 0.0415 crore, against total assets of Rs 15.6215 crore and zero debt. The cost base comprises other operating expenses at 33.4% of revenue and employee costs at 3.4%, with no materials, depreciation or capex booked. The reporting period has been dominated by a change-of-control transaction: a group of nine acquirers led by Nishad Jitendra Shah is buying 24.98% from existing promoters under a Share Purchase Agreement, has triggered a mandatory open offer for an additional 26% of the expanded voting capital, and plans to subscribe to a preferential issue of 50 crore fully convertible warrants. Shareholders have also approved raising authorised share capital from Rs 15.5 crore to Rs 70 crore. The stock currently sits in BSE's Enhanced Surveillance Measure (ESM) Stage-II framework. AR · MarketPing reader · 2026-08-03
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 1 |
| EBITDA (ex other income) | (0) | 0 | 0 | 0 | 0 |
| margin % | (22.3) | 14.1 | 4.2 | 0.0 | 63.2 |
| Owners' profit | (0) | 0 | 0 | 0 | 0 |
| EPS, as reported (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| ROE % · ROCE % | (0.4) · (0.4) | 0.0 · 0.0 | 0.0 · 0.0 | 0.0 · 0.0 | 0.3 · 2.3 |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | 1 | 1 | 1 | 1 | 0 |
| Capex | 0 | 0 | 0 | 0 | 0 |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Profit before tax | (0) | (0) | (0) | 0 | (0) | (0) | (0) | 0 |
| Net profit | (0) | (0) | (0) | 0 | (0) | (0) | (0) | 0 |
| EPS (₹) | (0.00) | (0.00) | (0.01) | 0.00 | 0.01 | 0.00 | 0.00 | 0.01 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BAJAJ FINANCE LIMITED | 6,43,552 | 31.7 | 5.50 | 11.6 | 16.5 | — | 25.2 | 70.7 |
| SHRIRAM FINANCE LIMITED | 2,42,019 | 18.1 | 3.67 | 6.7 | 15.2 | — | 22.5 | 74.7 |
| CHOLAMANDALAM IN & FIN CO | 1,57,446 | 27.2 | 5.17 | 6.9 | 17.2 | — | 26.5 | 71.2 |
| TATA CAPITAL LIMITED | 1,54,110 | 28.2 | 3.27 | 6.5 | 10.4 | — | — | 75.8 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 25 Aug 2026 · Promoter-group entity exits 3.47 percent RGF Capital Markets stake | ownership changes | medium | — | — |
| 25 Aug 2026 · Buddleia Traders (Promoter) sells 24.5 lakh shares of RGF Capital Markets | ownership changes | medium | — | — |
| 24 Aug 2026 · Promoter Sharp Investments sells 7.25 lakh shares of RGF Capital Markets | ownership changes | high | — | — |
| 24 Aug 2026 · Promoter Synosy Automotive sells 14.25 lakh RGF Capital shares on market | ownership changes | medium | — | — |
| 24 Aug 2026 · Promoter Sagar Mal Nahata sells 7.25 lakh shares, stake drops to 5.52% | ownership changes | medium | — | — |
| 24 Aug 2026 · Promoter group entity trims 0.48 percent stake in RGF Capital Markets | ownership changes | medium | — | — |
| 24 Aug 2026 · Promoter Fortune Vyapaar sells 0.48% stake in RGF Capital Markets | ownership changes | medium | — | — |
| 14 Aug 2026 · Newspaper publication of Q1 FY27 financial results filed with BSE | compliance | minimal | — | — |
| 13 Aug 2026 · Q1 FY27 results: RGF Capital swings to Rs 5.50 lakh PAT vs loss | results | high | — | — |
| 6 Aug 2026 · Board Meeting on 13 Aug 2026 to consider Q1 FY27 results | results | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| MUTHOOT FINANCE LIMITED | 1,12,094 | 9.9 | 2.82 | 3.9 | 26.7 | — | 22.0 | 84.0 |
| SBI CARDS & PAY SER LTD | 62,349 | 27.4 | 3.96 | — | 13.8 | — | — | 33.1 |
| HDB FINANCIAL SERVICES L | 55,706 | 20.2 | 2.70 | — | 12.3 | — | — | 58.0 |
| SUNDARAM FINANCE LTD | 52,217 | 23.3 | 3.51 | 6.7 | 13.8 | — | — | 78.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 80.0 | 18.2 | 183 of 212 | 14% |
| P/B | 1.7 | 1.1 | 159 of 245 | 35% |
| ROCE | 2.4 | 2.1 | 30 of 63 | 53% |
| ROE | 0.3 | 3.0 | 195 of 266 | 27% |
| Debt / Equity | 0.0 | 0.0 | 5 of 266 | 11% |
| EBITDA margin | 89.6 | 48.6 | 42 of 249 | 84% |
| Revenue growth | 313.7 | 12.6 | 18 of 231 | 93% |
| Profit growth | 57.0 | 7.8 | 81 of 251 | 68% |
| Market cap | 24 | 37 | 157 of 260 | 40% |
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| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
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