Rita Finance and Leasing Limited (RFLL.BO) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-100.2%

-₹0.03

vs ₹17.15 price

Levered DCF

-₹5.13

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

2.9

Grey zone

Rating

D+

Overall 1 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	23.22×	42.67×	44.47×	32.13×	20.6×	32.13×	-141.76×	54.77×
P/B	0.95×	1.6×	1.29×	1.57×	1.63×	1.72×	1.68×	1.83×
P/S	12.17×	25.16×	18.56×	20.79×	9.02×	15.91×	17.54×	20.26×
EV / EBITDA	20.92×	45.89×	32.1×	23.83×	15.13×	28.96×	682.33×	46.92×
Gross margin	72.6%	73.1%	89.1%	91.5%	82.6%	97.9%	96.9%	98.8%
Operating margin	69.4%	59.6%	41.9%	86.3%	75.8%	55.6%	-0.3%	0.0%
Net margin	52.4%	58.6%	36.9%	64.6%	43.7%	49.6%	-12.1%	36.9%
Current ratio	0×	0.71×	0.3×	88.13×	0.47×	115.61×	43.1×	254.6×
Debt / equity	0.19×	0.16×	0×	0×	0.44×	0.05×	0.17×	0.17×
Interest coverage	0×	0×	17.89×	0×	4.57×	183.23×	-1.43×	0×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	4.1%	3.7%	2.6%	4.9%	7.9%	5.4%	-1.2%	3.3%
Return on invested capital	3.3%	3.1%	2.1%	4.9%	7.2%	5.1%	-0.0%	0.0%
Return on assets	3.3%	3.2%	2.5%	4.8%	5.4%	5.0%	-0.9%	2.7%
Free cash flow yield	2.0%	0.3%	-0.9%	-4.0%	13.1%	-3.7%	-0.8%	0.5%
Earnings yield	4.3%	2.3%	2.0%	3.1%	4.8%	3.1%	-0.7%	1.8%
Enterprise value	₹192.8M	₹282.2M	₹199.4M	₹240M	₹304.4M	₹247.9M	₹92.3M	₹92.2M
Net debt / EBITDA	3.42×	3.82×	-0.16×	-0.1×	3.15×	0.8×	58.76×	3.99×
Cash conversion cycle (days)	0	2	6	0	0	2,990	3,315	3,911