R R Securities Ltd (530917)
๐ฏ Key Takeaways
- R R Securities Ltd appears to be in a structural decline or potential distress phase, marked by persistent negative ROE and ROCE, minimal revenue recognition, and negligible operational activity. The companyโs financials show no meaningful revenue generation in recent quarters, with profits and losses alternating around zero, suggesting either a dormant business or accounting anomalies.
- โ ๏ธ Persistent zero or near-zero revenue across multiple quarters raises concerns about the legitimacy or sustainability of the business operations.
- Market Cap
- โน5
- P/B Ratio
- 0.98
- ROE
- -1.3%
- ROCE
- -1.2%
- Debt/Equity
- 0.06
- Promoter
- 1.4%
๐ The Story
R R Securities Ltd appears to be in a structural decline or potential distress phase, marked by persistent negative ROE and ROCE, minimal revenue recognition, and negligible operational activity. The companyโs financials show no meaningful revenue generation in recent quarters, with profits and losses alternating around zero, suggesting either a dormant business or accounting anomalies. Given the lack of operational scale and deteriorating profitability metrics, it is likely transitioning from a legacy financial services model toward either restructuring or dissolution.
๐ฐ What's Happening
The most recent quarterly filing for June 2026 shows zero revenue and zero operating profit, continuing a multi-quarter trend of minimal financial activity. Earlier filings from September 2025 to December 2025 reflect similarly flat performance, with net profits and losses hovering near zero. There are no disclosed new business initiatives, regulatory approvals, or strategic shifts in the available filings. Management has not announced any revival plan or capital-raising measures in the reported periods.
Source: Stock Announcements
๐ Quarterly Results (โน Cr)
| Metric | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| Operating Profit | -0 | -0 | -0 | -0 | -0 |
| OPM % | โ | โ | โ | โ | โ |
| Net Profit | 0 | -0 | 0 | -0 | 0 |
| EPS | โน0.30 | โน-0.08 | โน0.08 | โน-0.50 | โน0.29 |
Revenue has consistently been reported as โน0 across all recent quarters, with operating and net profits fluctuating between minor gains and losses, indicating no sustainable business model is currently active. EPS has varied from negative โน0.5 in March 2026 to positive โน0.3 in June 2025, but this volatility does not reflect underlying earnings power. The absence of revenue growth or margin improvement suggests the company is not on a recovery path, and the financial trajectory remains flatlined or deteriorating.
๐ฎ Management Outlook & What's Next
There is no available forward guidance or explicit outlook from management in the provided filing content. The company has not issued any earnings projections, strategic roadmap, or commentary on future operations in the latest disclosures. Without stated intentions or visibility into revival plans, the forward-looking narrative remains absent.
Extracted from official company announcements. Not StockFin.ai's opinion.
๐ฆ Balance Sheet (โน Cr)
| Item | Mar 2025 | Mar 2025 | Mar 2026 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 |
| Reserves | 2 | 2 | 2 | 2 |
| Borrowings | 0 | 0 | 0 | 0 |
| Total Liabilities | 5 | 5 | 5 | 5 |
| Fixed Assets | 0 | 0 | 0 | 0 |
| Investments | 1 | 1 | 1 | 1 |
| Total Assets | 5 | 5 | 5 | 5 |
The balance sheet remains extremely lean, with total assets of โน5 crore and no borrowings, indicating minimal capital deployment or operational investment. Equity and reserves have remained unchanged over the past two fiscal years, suggesting no reinvestment or capital restructuring is underway. The lack of debt and asset growth implies the company is not actively expanding or even maintaining operations, raising questions about its ongoing viability.
๐ฐ Cash Flow Statement (โน Cr)
| Item | Mar 2025 |
|---|---|
| Operating | -0 |
| Investing | +0 |
| Financing | +0 |
| Net Cash Flow | -0 |
๐ฅ Shareholding Pattern
| Category | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 |
|---|---|---|---|---|
| Promoters | 1.4% | 1.4% | 1.4% | 1.4% |
| FII | 0.0% | 0.0% | 0.0% | 0.0% |
| DII | 0.0% | 0.0% | 0.0% | 0.0% |
| Public | 69.5% | 69.5% | 69.4% | 69.4% |
| # Shareholders | 6,587 | 6,587 | 6,573 | 6,564 |
Promoter holding remains stable at 1.36% with no signs of increase or reduction, while institutional (FII/DII) ownership is entirely absent. Public shareholding has slightly declined over recent quarters, though the number of shareholders remains stable around 6,500. The lack of institutional interest and stagnant promoter stake suggests limited confidence from key investor groups, with the stock possibly held by passive or retail investors without active engagement.
โ๏ธ Peer Comparison โ Finance
| Company | MCap (โน Cr) | P/E | ROCE | ROE | D/E |
|---|---|---|---|---|---|
| BAJFINANCE | 6.06 L Cr | 29.8 | 10.4% | โ | 3.82 |
| BAJAJFINSV | 2.79 L Cr | 27.4 | 11.4% | โ | 5.50 |
| SHRIRAMFIN | 2.29 L Cr | 17.2 | 11.5% | โ | 3.80 |
| ICICIAMC | 1.60 L Cr | 32.1 | 111.5% | โ | 0.00 |
| JIOFIN | 1.44 L Cr | 67.7 | 2.3% | โ | 0.17 |
| TATACAP | 1.41 L Cr | 25.7 | 8.4% | โ | 5.28 |
| CHOLAFIN | 1.39 L Cr | 24.1 | 9.3% | โ | 6.93 |
| BAJAJHLDNG | 1.19 L Cr | 13.4 | 12.4% | โ | 0.00 |
| MUTHOOTFIN | 1.10 L Cr | 9.7 | 14.4% | โ | 3.88 |
| PFC | 1.07 L Cr | 4.1 | 9.8% | โ | 7.62 |
๐ Peer Stock Analyses
โ ๏ธ Risk Factors
1. Persistent zero or near-zero revenue across multiple quarters raises concerns about the legitimacy or sustainability of the business operations. 2. Negative ROE and ROCE indicate the company is not generating returns on capital, and may be destroying value. 3. Absence of institutional or DII interest combined with minimal promoter stake suggests limited investor confidence. 4. Lack of transparency or disclosure around business rationale for continued listing given financial inactivity poses regulatory and delisting risks.
๐ Recent Filings
- ๐ก Board Meeting2026-09-30R R Securities held its 33rd AGM on 29 September 2026, approving audited FY2026 financials, reappointing Rajendra Babulal Shah as director, and ratifyโฆ
- ๐ก Board Meeting2026-09-30R R Securities held its 33rd AGM on 29th September 2026 at Ahmedabad, with 37 shareholders holding 10,03,500 shares present in person or proxy. The meโฆ
- ๐ก Board Meeting2026-09-09R R Securities announced the book closure for its 33rd AGM on September 29, 2026, with record date September 23, 2026, affecting trading on BSE and NSโฆ
- ๐ก Board Meeting2026-09-09R R Securities Ltd announced its 33rd AGM will be held on 29 September 2026 at 11.00 AM at B-103 Shilp Aaron Building, Ahmedabad. Shareholders must brโฆ
- ๐ด annual report2026-09-09R R Securities Limited submitted its audited annual report for FY 2025-26 to BSE on 5 September 2026, covering the year ended 31 March 2026. The reporโฆ
๐ง Analyst's Read
The company appears to be in a state of operational and financial limbo, with no clear path to revival or value creation. Investors should monitor for any future disclosures regarding business resumption, capital actions, or regulatory filings that might explain the current trajectory. Until then, the stock lacks a discernible investment thesis.
Based on filing content and financial data. Not a recommendation.
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Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only โ not investment advice. Updated 2026-09-30.
Editorial & Data Transparency Notice
This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.
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