Revenue and Profit Growth
Over the seven-year period ending March 2025, Reliable Data's net sales have more than doubled, rising from ₹46.71 crores in March 2019 to ₹130.59 crores in March 2025. This robust growth reflects the company's expanding market presence and operational scale. Total operating income mirrors this trend, with no other operating income reported, indicating that core business activities are the primary revenue drivers.
Operating profit before depreciation, interest, and tax (PBDIT) excluding other income has also shown a steady increase, reaching ₹16.99 crores in March 2025 from ₹8.82 crores in March 2019. Including other income, operating profit rose to ₹21.68 crores in the latest fiscal year, underscoring improved operational efficiency and income diversification.
Profit before tax (PBT) climbed from ₹6.94 crores in March 2019 to ₹13.71 crores in March 2025, while profit after tax (PAT) nearly doubled from ₹5.00 crores to ₹10.35 crores over the same period. Consolidated net profit followed a similar pattern, increasing from ₹4.37 crores to ₹9.02 crores, reflecting consistent bottom-line growth.
This week's disclosed pick, a Large Cap from NBFC, comes with precise Target Price and analysis. Check if you're positioned right for this opportunity!
- - Precise target price set
- - Weekly selection live
- - Position check opportunity
Margins and Earnings Per Share
Operating profit margins, excluding other income, have fluctuated but generally remained healthy, with a margin of 13.01% in March 2025 compared to 18.88% in March 2019. Gross profit margins have improved from 6.4% in March 2021 to 13.43% in March 2025, indicating better cost management and pricing power.
Profit after tax margin stood at 7.93% in the latest fiscal year, up from 3.83% in March 2021 but below the 10.7% recorded in March 2019, suggesting some margin pressure in recent years. Earnings per share (EPS) have shown a strong upward trend, rising from ₹4.23 in March 2019 to ₹8.74 in March 2025, with diluted EPS reaching ₹10.03, highlighting improved shareholder returns.
Balance Sheet and Financial Position
Reliable Data's total assets have expanded significantly, from ₹68.20 crores in March 2020 to ₹152.01 crores in March 2025, reflecting investments in fixed assets and working capital. Net block of assets increased from ₹7.76 crores to ₹22.67 crores, while capital work in progress also rose steadily, indicating ongoing capacity expansion.
Shareholders' funds have grown from ₹34.60 crores in March 2021 to ₹57.12 crores in March 2025, supported by rising reserves. The company's total debt has increased from ₹7.78 crores in March 2020 to ₹46.53 crores in March 2025, with both long-term and short-term borrowings rising, which may warrant close monitoring of leverage levels.
Current assets have more than doubled over the period, driven by a substantial increase in sundry debtors and current investments, while net current assets improved to ₹38.71 crores in March 2025 from ₹14.22 crores in March 2023, indicating better liquidity management.
Want to dive deeper on Reliable Data? There's a real-time research report diving right into the fundamentals, valuations, peer comparison, financials, technicals and much more!
- - Real-time research report
- - Complete fundamental analysis
- - Peer comparison included
Cash Flow and Operational Efficiency
Cash flow from operating activities has been volatile, with a negative ₹27 crores in March 2025, reflecting increased working capital requirements and operational challenges. Changes in working capital have been a significant drag, particularly in the latest fiscal year with a ₹40 crores outflow. Cash flow from investing activities has generally been negative, consistent with capital expenditure and expansion efforts.
Financing activities have provided substantial inflows, notably ₹25 crores in March 2025, supporting the company's growth and debt servicing. Despite these fluctuations, the net cash inflow/outflow has remained close to neutral in recent years, with a slight negative balance in the latest year.
Overall, Reliable Data's historical performance reveals a company on a growth path, with expanding revenues and profits, increasing asset base, and active capital investment. However, rising debt levels and working capital pressures suggest the need for prudent financial management going forward to sustain this positive momentum.
Get 2 full years of MojoOne Premium for only Rs. 12,999. Subscribe for 1 year and we'll add another year FREE. Offer valid for a limited time. Start Saving Now →
