BSE: 543256 SECTOR: Finance - NBFC 3037 2 2
₹ 22.3
₹ 20.56
₹ 28
₹ 15.76
₹ 21.65 Cr.
₹ 0 Cr.
1 Cr.
82.01
1.37
₹ 10
0 %
₹ 15.86
₹ 1.08 Cr.
₹ 0.45 Cr.
44.79 %
₹ 0.26
-6.84
2.92 %
4.16%
-39.85 %
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Around 2% of India's total population invests in financial assets. The mutual fund industry's penetration in India is close to 7% (Based on the number of PAN cardholders). This under penetration offers a huge opportunity for the industry to grow.
Migration to financial savings, wider distribution and sustainable performance are expected to enable growth in the industry.
Also, increasing financial literacy among investors, digitization and the number of mediums available tend to attract more investors to invest in the financial markets.
Rita Fin. & Leasing stock price today is Rs 21.65. To understand the functions of the Rita Fin. & Leasing better, you must go through the following points:
Key Financials –
Profitability: Profit margin (PAT margin) of the company shows how well a company controls its cost. It is one of the important indicators to show the financial health of the company. Net profit of Rita Fin. & Leasing is Rs 0.450706 Cr and the compounded growth of profit in the past 3 years is -15.6501264912536 %. The PAT margin of Rita Fin. & Leasing is 41.7397 %.
EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Rita Fin. & Leasing , the EPS declined by -39.8425 % YOY.
Financial Ratios –
Return on Equity (ROE): Rita Fin. & Leasing has a poor ROE track record. The ROE of Rita Fin. & Leasing is at 2.92 % for the latest year.
P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Rita Fin. & Leasing is worth at the current levels at Rs 21.65. The stock is trading at a current P/E ratio of 43.8207 and the average historical P/E for the last 5 years was 16.24144.
P/B ratio can be one of the best metrics to value such companies. Currently, Rita Fin. & Leasing is trading at a P/B of 1.3651 . The average historical P/B of Rita Fin. & Leasing for the last 5 years was 0.61942. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.
Share Price: - The current share price of Rita Fin. & Leasing is Rs 21.65. One can use valuation calculators of ticker to know if Rita Fin. & Leasing share price is undervalued or overvalued.