Stock Price Movement and Market Context
On 18 Dec 2025, B N Rathi Securities recorded its lowest price in the past year at Rs.15.55. This level represents a substantial drop from its 52-week high of Rs.72.75, indicating a decline of nearly 79%. The stock has been trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling sustained downward momentum.
In the last two trading sessions, the stock has registered a cumulative return of -2.52%, underperforming its sector by 1.72% on the day of the new low. The day’s trading saw a decline of 2.67%, reflecting continued selling pressure.
Meanwhile, the broader market has shown relative resilience. The Sensex opened flat and traded marginally lower by 0.02%, standing at 84,542.92 points. The index remains close to its 52-week high of 86,159.02, just 1.91% away, and is supported by bullish moving averages with the 50-day DMA above the 200-day DMA. This divergence highlights the stock’s underperformance relative to the overall market.
Financial Performance and Profitability Trends
B N Rathi Securities has reported negative results for four consecutive quarters, which has contributed to the subdued investor sentiment. The company’s profit after tax (PAT) for the latest six months stands at Rs.3.79 crores, reflecting a contraction of 49.87% compared to the previous period. Similarly, profit before tax (PBT) excluding other income for the quarter is Rs.1.10 crores, showing a decline of 53.59%.
Operating cash flow for the year is reported at a negative Rs.22.63 crores, indicating cash outflows from core business activities. These financial indicators have coincided with the stock’s downward trajectory over the past year.
Our latest monthly pick, this Small Cap from Oil Exploration/Refineries, is showing strong performance since announcement! See why our Investment Committee chose it after screening 50+ candidates.
- - Investment Committee approved
- - 50+ candidates screened
- - Strong post-announcement performance
Comparative Market Performance
Over the past year, B N Rathi Securities has generated a return of -68.68%, significantly lagging behind the Sensex, which recorded a positive return of 5.43% during the same period. The BSE500 index also posted a modest gain of 2.10%, underscoring the stock’s relative underperformance within the broader market context.
The stock’s valuation metrics reveal a price-to-book value of 0.9, which is attractive compared to its peers. However, the company’s profits have declined by 55.3% over the last year, reflecting pressures on earnings despite the valuation level.
Dividend Yield and Shareholding Pattern
At the current price, B N Rathi Securities offers a dividend yield of 3.11%, which is considered relatively high within the NBFC sector. This yield may provide some income support to shareholders amid the stock’s price weakness.
The majority of the company’s shares are held by non-institutional investors, indicating a shareholder base dominated by retail or individual investors rather than large institutional entities.
Holding B N Rathi Securities from Non Banking Financial Company (NBFC)? See if there's a smarter choice! SwitchER compares it with peers and suggests superior options across market caps and sectors!
- - Peer comparison ready
- - Superior options identified
- - Cross market-cap analysis
Long-Term Fundamentals and Valuation
Despite recent setbacks, B N Rathi Securities maintains a long-term average return on equity (ROE) of 15.14%, which indicates a history of generating shareholder returns above the cost of equity. The current ROE stands at 7.7, which is lower than the historical average but still reflects some level of profitability.
The stock is trading at a premium relative to the average historical valuations of its peers, suggesting that the market may be pricing in factors beyond current earnings and cash flow figures.
Summary of Key Metrics
To summarise, B N Rathi Securities is currently trading at Rs.15.55, its lowest level in the past 52 weeks. The stock’s performance over the last year has been subdued, with a return of -68.68% compared to positive returns in the broader market. Financial results show contraction in profits and negative operating cash flow, while dividend yield remains relatively high at 3.11%. The company’s shareholding is predominantly non-institutional, and valuation metrics indicate a price-to-book ratio below 1 but a premium relative to peers’ historical averages.
The broader market environment remains stable, with the Sensex near its 52-week high and supported by bullish moving averages. However, B N Rathi Securities continues to face headwinds reflected in its stock price and financial indicators.
Only Rs. 14,999 - Get MojoOne + Stock of the Week for 1 Year PLUS 18 Months FREE! Start Saving Now →
