BSE: 511626
RR FINANCIAL CONSULTANTS LTD.
Operates as a Non-Banking Financial Company (NBFC) holding company, with revenue generated largely through its subsidiaries rather than on a standalone basis. The group runs an insurance broking business through RR Insurance Brokers Limited (a material subsidiary that converted from private to unlisted public in March 2026) and a capital services business through RR Investors Capital Services Limited (also converted to unlisted public in March 2026). Consolidated FY26 revenue reached ₹3,378.28 lakhs, up ~25% from ₹2,702.50 lakhs in FY25, with the jump attributed by management to higher brokerage income. Consolidated net profit after tax rose to ₹715.02 lakhs from ₹250.07 lakhs, taking basic EPS to ₹6.46 versus ₹2.26. The group has 15 subsidiaries with combined total assets of ₹9,310.89 lakhs, while standalone revenue at ₹155.74 lakhs remains modest, indicating the subsidiaries are the principal earnings drivers. On the standalone cost base, employees account for 15.9% of revenue and other operating expenses absorb 52.1%, with negligible materials cost (0%) and depreciation of 0.6%. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Insurance broking (RR Insurance Brokers subsidiary), Capital services (RR Investors Capital Services subsidiary), Other subsidiaries. Asset-light financial services holding company with brokerage-led earnings concentrated in subsidiaries
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 14 | 18 | 20 | 27 | 33 |
| EBITDA (ex other income) | 1 | 1 | 2 | 4 | 11 |
| margin % | 8.3 | 7.5 | 7.6 | 16.3 | 32.0 |
| Owners' profit | 0 | 0 | 0 | 3 | 8 |
| EPS, as reported (₹) | 0.38 | 0.47 | 0.33 | 2.26 | 6.46 |
| ROE % · ROCE % | 1.0 · 2.2 | 1.2 · 2.5 | 0.9 · 2.7 | 5.5 · 7.7 | 13.6 · 17.0 |
| Debt / equity (x) | 0.21 | 0.16 | 0.21 | 0.23 | 0.23 |
| Cash from operations | 1 | 3 | (2) | 1 | 0 |
| Capex | — | (0) | (0) | (0) | (0) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6 | 6 | 5 | 9 | 11 | 8 | 8 | 6 |
| Profit before tax | 0 | 0 | 0 | 3 | 3 | 3 | 3 | 1 |
| Net profit | 0 | 0 | 0 | 2 | 3 | 3 | 2 | 0 |
| EPS (₹) | 0.23 | 0.74 | 0.02 | 1.64 | 2.26 | 2.25 | 1.88 | 0.06 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BAJAJ FINANCE LIMITED | 5,70,768 | 28.1 | 4.88 | — | 16.5 | — | 25.2 | 70.7 |
| SHRIRAM FINANCE LIMITED | 1,94,820 | 14.6 | 2.96 | — | 15.2 | — | 22.5 | 74.7 |
| CHOLAMANDALAM IN & FIN CO | 1,31,798 | 22.8 | 4.33 | — | 17.2 | — | 26.5 | 71.2 |
| TATA CAPITAL LIMITED | 1,31,209 | 24.0 | 2.79 | — | 10.4 | — | — | 75.8 |
| MUTHOOT FINANCE LIMITED | 96,352 | 8.5 | 2.42 | — | 26.7 | — | 22.0 | 84.0 |
| SBI CARDS & PAY SER LTD | 50,202 | 22.1 | 3.19 | — | 13.8 | — | — | 33.1 |
| SUNDARAM FINANCE LTD | 43,766 | 19.6 | 2.94 | — | 13.8 | — | — | 78.4 |
| AUTHUM INVEST & INFRA LTD | 42,040 | 7.2 | 2.85 | — | 13.1 | — | — | 90.1 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 9.8 | 18.1 | 55 of 200 | 73% |
| P/B | 1.2 | 1.1 | 134 of 253 | 47% |
| ROCE | 16.2 | 2.0 | 6 of 59 | 91% |
| ROE | 13.6 | 3.1 | 25 of 257 | 91% |
| Debt / Equity | 0.2 | 0.0 | 43 of 53 | 19% |
| EBITDA margin | 14.8 | 48.6 | 174 of 249 | 30% |
| Revenue growth | (32.5) | 12.6 | 179 of 231 | 23% |
| Profit growth | (99.4) | 7.8 | 193 of 251 | 23% |
| Market cap | 70 | 34 | 96 of 268 | 64% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 27 Oct 2026 · Share transfer agent confirms electronic share records for September 2026 quarter | compliance | minimal | — | — |
| 28 Sept 2026 · Cessation of Independent Director | management changes | medium | — | — |
| 22 Sept 2026 · 39th AGM: All 6 Resolutions Passed with Overwhelming Majority | board shareholder meetings | low | — | — |
| 21 Sept 2026 · 39th AGM outcomes: name change and debt issue proposals approved | board shareholder meetings | low | — | — |
| 31 Aug 2026 · Notice of 39th AGM published in newspapers, AGM on 21 Sept 2026 | compliance | minimal | — | — |
| 29 Aug 2026 · RR Financial files FY26 Annual Report, name change to RR Global, Rs 400 Cr debt plan | board shareholder meetings | low | — | — |
| 29 Aug 2026 · 39th AGM on Sep 21, 2026; name change to RR Global; INR 200 Cr debt raise | board shareholder meetings | low | — | — |
| 26 Aug 2026 · Board approves AGM notice, FY26 director report and NCD issuance | board shareholder meetings | low | — | — |
| 20 Aug 2026 · Board meeting on Aug 26, 2026 to approve 39th AGM agenda items | board shareholder meetings | low | — | — |
| 11 Aug 2026 · RR Financial publishes Q1 FY27 unaudited results in newspapers | compliance | minimal | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | 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 |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.