BN Rathi Securities Ltd Stock Price Today (NSE: BNRSEC)

BN Rathi Securities Ltd

16.640.41 (2.40%)
Market Closed

Fundamental Score

...

BN Rathi Securities Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

BN Rathi Securities Ltd share price today is 16.64, down 2.40% on NSE/BSE as of 17 June 2026. BN Rathi Securities Ltd (BNRSEC) is a Small-cap company in the Other Financial Services sector with a market capitalisation of 70.76 (Cr). The 52-week high for BNRSEC share price is 24.93 and the 52-week low is 10.81. At a P/E ratio of 12.44x, BNRSEC is currently trading below its industry average P/E of 30.94x. The company has a Return on Equity (ROE) of 14.11% and a debt-to-equity ratio of 0.00.

BN Rathi Securities Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
19.00
Low
15.05
Volume
50.8K
Change
+2.55%

BN Rathi Securities Ltd share price chart: 2.55% return over the past month. 52-week high ₹24.93, 52-week low ₹10.81.

BN Rathi Securities Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
16.8916.8916.1316.2821.41K (Cr)
17.2517.2516.4916.509.62K (Cr)
16.5616.8916.2616.8019.87K (Cr)
17.2017.7316.7516.8749.71K (Cr)
17.7017.7017.1117.3123.58K (Cr)
17.0317.7017.0317.4738.20K (Cr)
16.9217.2516.6517.1622.39K (Cr)
17.2517.8216.8416.9249.58K (Cr)
17.0917.8417.0917.2880.17K (Cr)
16.3617.7516.3617.4075.35K (Cr)

BN Rathi Securities Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
17.2517.2516.1316.28-5.62%
18.6019.0015.0516.80-9.68%
11.2017.7511.2015.58+39.11%
14.5316.5010.8111.30-22.23%
14.8618.0014.0015.32+3.10%
16.7517.5014.9015.21-9.19%
16.3017.9515.5516.63+2.02%
19.0919.9016.3516.97-11.11%
21.0622.2518.3519.15-9.07%
21.5023.4919.1221.52+0.09%
21.0424.7319.0121.48+2.09%
23.6624.8821.0021.42-9.47%

AI Research Briefing

Powered by Gemini · 2026-04-15

BN Rathi is a micro-cap financial services firm hoping to ride the sector's tailwinds, but its inconsistent performance makes it a risky bet.

Research Confidence
6.0/10Moderate
MICRO-CAP DARK HORSEBreakdown - 1M: -10.97%, 3M: -18.93%, 6M: -28.6%.Cheap - P/E of 12.44x vs. industry P/E of 30.94x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

BN Rathi Securities saw its investment rating upgraded from Strong Sell to Sell by MarketsMojo on April 7, 2026, driven by improvements in technical indicators and valuation. The stock surged 15.72% from April 6 to April 10, significantly outperforming the Sensex. This rally was supported by improved valuation metrics, with the P/E ratio at 8.55 and P/BV at 0.83.

CORE STORY (THE REAL GAME)

BN Rathi is trying to reposition itself as a value play in a hot financial services market, leveraging its relatively cheap valuation to attract investors despite recent underperformance and mixed financial signals.

Why Now
  • Valuation upgrade
  • Technical rebound
  • Improved quarterly results
Potential Catalysts
  • Stronger earnings reports
  • Successful merchant banking division launch
  • Further upgrades from rating agencies
Key Risks
  • Micro-cap liquidity risk
  • Negative one-year return
  • Declining YoY profit
Institutional Activity

No significant FII/DII activity reported.

Macro Context

Financial services sector is booming in India, but increased competition and regulatory scrutiny pose challenges.

Order Book / Expansion

BN Rathi approved the transfer of business from SVCM Securities and established a new Merchant Banking Division requiring ₹25 lakh investment.

Cash Flow Quality

Yes - Free Cash Flow 5Y: ₹46.24 Cr.

3–6 Month Outlook

If BN Rathi can successfully diversify its revenue streams and improve its financial performance, it could see significant upside. However, execution risk is high.

Primary Thesis Risk

Inability to improve financial performance and capitalize on the booming financial services sector.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

14.11%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

20.12%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

24.00%

Average operating profit margin over 5 years

Good

Dividend Yield

2.93%

Annual dividend as % of current share price

BN Rathi Securities Ltd Valuation Check

Excellent

Price to Earnings (P/E)

12.44x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

30.94x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

47.04%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-40.91%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-12.25%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

17.08%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

35.18%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

40.93%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.00x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

14.12x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

46.24 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

BN Rathi Securities Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of BNRSEC across key market metrics for learning purposes.

Positive Indicators

10 factors identified

Excellent ROCE Performance (20.12%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Operating Margins (24.00%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Attractive Valuation (P/E: 12.44 vs Industry: 30.94)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Consistent Growth Track Record (17.08% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (35.18% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (40.93% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Debt-Free Balance Sheet (D/E: 0.00)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (14.12x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Strong Cash Generation (₹46.24 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

2 factors identified

Profit Decline Concern (-40.91%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Revenue Contraction (-12.25%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

BN Rathi Securities Ltd vs Other Financial Services Peers

Peer Comparison - Other Financial Services

Compare BN Rathi Securities Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
60.8/100
17
₹70.76
12.4
Average
14.11%
Average
20.12%
Excellent
0.0
Excellent
40.93%
Excellent
17.08%
Excellent
2.93%
Crisil Ltd...
CRISIL500092
64/100
3987
₹32833.08
43.8
Average
27.81%
Excellent
35.60%
Excellent
0.1
Excellent
14.43%
Good
13.49%
Good
0.56%
21.2/100
11320
₹15422.64
208.63%
Excellent
80.21%
Excellent
1.6
Average
179.71%
Excellent
0.00%
53.3/100
154
₹4011.66
864.6
Average
12.36%
Average
16.59%
Good
0.0
Excellent
79.86%
Excellent
188.59%
Excellent
0.01%
20.9/100
51
₹3896.81
114.9
Average
-1.81%
Poor
1.39%
Poor
0.2
Excellent
-32.89%
Poor
0.00%
ALGOQUANT...
ALGOQUANT505725
6.9/100
57
₹1689.95
102.9
Average
37.55%
Excellent
32.47%
Excellent
0.2
Excellent
0.00%
1.7/100
189
₹1396.38
-0.17%
Poor
-0.83%
Poor
0.1
Excellent
14.57%
Good
-17.45%
Poor
0.00%
0/100
23
₹1369.10
-57.60%
Poor
8.93%
Poor
37.5
Poor
47.25%
Excellent
0.00%
67.9/100
913
₹1086.24
32.8
Average
28.60%
Excellent
37.87%
Excellent
0.0
Excellent
94.13%
Excellent
43.40%
Excellent
1.94%
49/100
285
₹998.77
30.0
Average
19.46%
Good
22.62%
Excellent
0.0
Excellent
34.59%
Excellent
3.63%
Average
0.51%
39.1/100
290
₹890.53
39.0
Average
25.18%
Excellent
29.45%
Excellent
0.3
Excellent
0.00%

BN Rathi Securities Ltd PE Ratio History

Historical price-to-earnings ratio for BNRSEC — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20242.88₹58.2520.2x
FY 20232.25₹22.7410.1x
FY 20222.20₹9.604.4x
FY 20211.80₹8.594.8x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

BN Rathi Securities Ltd Dividend History

Annual cash dividends paid by BNRSEC — dividend yield 2.93%

Financial YearDividends Paid (₹ Cr)
FY 20251.54 Cr
FY 20241.26 Cr
FY 20230.84 Cr
FY 20220.60 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

BN Rathi Securities Ltd Quarterly Performance

Latest quarterly metrics for BNRSEC — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-12.25%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-40.91%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

17.08%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

40.93%

Compounded annual net profit growth over 5 years

BN Rathi Securities Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for BNRSEC — calculated from daily price history

51RSI 14
Neutral — RSI 51

Momentum is balanced — neither overbought nor oversold.

SMA 50
16
▲ Price above SMA 50 — Short-term bullish
SMA 200
18
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
47K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

BN Rathi Securities Ltd Financial Statements

Annual income statement, balance sheet and cash flow for BN Rathi Securities Ltd (BNRSEC) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for BN Rathi Securities Ltd

About BNRSEC (BN Rathi Securities Ltd)

BN Rathi Securities Ltd is a diversified financial services provider operating within the Indian market. The company offers a range of services catering to investors and traders se...eking access to various asset classes. These services include platforms for online trading, facilitated through both web-based and mobile applications, potentially opening access to a wider audience, even those who prefer transacting on the go. Beyond simple trade execution, the company may also offer access to algorithmic trading tools, mutual funds, and detailed market research, suggesting a focus on providing clients with resources for informed decision-making. In addition, BNRSEC provides assistance with opening trading accounts through their online e-KYC services and deals in the distribution of investment products. The company’s offerings extend beyond basic brokerage services. BN Rathi Securities Ltd may offer depository services, which would allow clients to hold securities in electronic form. Furthermore, it is likely that they provide research-driven advisory services, aimed at guiding clients through investment opportunities based on in-depth market analysis. These services potentially cater to both novice and experienced investors, with varying levels of involvement in portfolio management. The combination of trading platforms, research capabilities, and depository access positions the company as a potentially integrated financial services provider for the Indian market. Formerly known as Lark Leasing Limited, the company transitioned to B.N. Rathi Securities Limited in 1994, signaling a shift in business focus towards the financial services sector. In addition to its core brokerage services, BN Rathi Securities may offer margin trading facilities, enabling clients to leverage their investments and potentially amplify returns, though also increasing risk. These various offerings suggest a company that attempts to cater to a diverse clientele within the financial services landscape, from those seeking basic trading access to those requiring more sophisticated research and advisory services, particularly within the Indian commodities market.

Company Details

Symbol:BNRSEC
Industry:Other Financial Services
Sector:Other Financial Services

Key Leadership

Mr. Hari Narayan Rathi
MD & Director
Mr. Chetan Rathi
CFO & Whole-Time Director
Ms. Gadila Sabitha Kandadi Reddy
Company Secretary & Compliance Officer

BNRSEC Share Price: Frequently Asked Questions

What is the current share price of BN Rathi Securities Ltd?

BN Rathi Securities Ltd (BNRSEC) trades at ₹16.64 on NSE and BSE. Market cap ₹70.76 (Cr). Educational data only.

What is the P/E ratio of BN Rathi Securities Ltd?

BN Rathi Securities Ltd has a P/E of 12.44x vs industry average 30.94x.

What is the Bull Run score for BN Rathi Securities Ltd?

BN Rathi Securities Ltd has a Bull Run score of 60.8/100 based on 25+ financial parameters.

Does BN Rathi Securities Ltd pay dividends?

BN Rathi Securities Ltd has a dividend yield of 2.93%. Past dividends don't guarantee future payments.

What is the ROE of BN Rathi Securities Ltd?

BN Rathi Securities Ltd has ROE of 14.11%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of BN Rathi Securities Ltd?

BN Rathi Securities Ltd has debt-to-equity of 0.00.

Is BN Rathi Securities Ltd a good investment?

Bull Run gives BN Rathi Securities Ltd a score of 60.8/100. This is not investment advice — consult a SEBI-registered advisor.