More about RattanIndia Enterprises Limited
Fundamentals for RattanIndia Enterprises Limited
Regulatory Filings for RattanIndia Enterprises Limited
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Fundamentals for RattanIndia Enterprises Limited
Business Operations:
Sector: Consumer CyclicalIndustry: Internet Retail
RattanIndia Enterprises Limited, together with its subsidiaries, engages in the manpower, human resource supply and consultancy, payroll management, technology, and other related services in India. It operates through Retail-E-commerce Business, EV (E-Motorcycle), and Others segments. The company provides apparel, eyewear, shoes, handbags, office products, wireless accessories, musical instruments, and books; and fashion apparel, such as fashion, denim, athleisure, casual wear, and performance wear under the Fyltr, Pump'd, and Inkd through e-commerce platforms. It offers personal loans, two-wheeler loans, credit cards, and business loans. In addition, the company is involved in the fintech business; insurance broking business; management consultancy; project management services; monetary intermediation; drones for use in agriculture, delivery and logistics, energy, media and entertainment, real estate and construction, and security and law enforcement; re-branding of retail goods trade; manufacturing of electric motor vehicles; and dealership of Revolt products and after sale services. The company was formerly known as RattanIndia Infrastructure Limited and changed its name to RattanIndia Enterprises Limited in March 2021. The company was incorporated in 2010 and is based in New Delhi, India.
Revenue projections:
Financial Ratios:
| currentRatio | 0.68300 |
|---|---|
| forwardPE | 0.00000 |
| debtToEquity | 107.29600 |
| earningsGrowth | 0.00000 |
| revenueGrowth | 0.18000 |
| grossMargins | -0.03666 |
| operatingMargins | 0.00827 |
| trailingEps | -3.04000 |
| forwardEps | 0.00000 |
RTNINDIA's current ratio being 0.683 suggests its cash reserves and current assets may not be adequate to cover short-term debt. This raises concerns about liquidity, indicating that RTNINDIA might face challenges in meeting its immediate financial commitments.
RTNINDIA's high debt-to-equity ratio reveals that the company is heavily reliant on debt for financing. This high level of leverage increases the risk of financial strain if profits decline or interest rates rise.
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