Sector Alpha Week of 2026-07-24
Sector Alpha — machine-written from the numbers · Data as of 2026-07-24

RNIT AI Solutions Ltd

AUTOPALIND
IT - Software

RNIT AI Solutions Ltd's multiple sits at its floor because earnings outran a hard multi-year rally — compression born of growth, not neglect. The quarters are still improving, and the P/E sits at the 27th percentile of its own 1-year range.

The sharpest disagreement: profits are rising, but only 15% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch.

The price is in a confirmed uptrend (37 weeks in) while the P/E sits at the 27th percentile of its own 1-year range. Underneath, the last four quarters read improving — profit +27.2% year on year, and 15% of the last 3 years' profit arrived as cash. What settles it: whether the cash starts following the profit.

Price
₹56.5
P/E
39.8×
27th pctile
of its own 1-year range
Revenue (Mar 26)
₹17.6 Cr
+41.9% YoY
Profit (Mar 26)
₹4.3 Cr
+27.2% YoY
Operating margin
40.2%
+5.1 pp YoY
ROCE
20%
FY26
Cash conversion
15%
of profit, last 3 FY
Unverified figures: Some figures on this page come from a second financial-data feed that could not be cross-checked against the primary source — the two do not share enough overlapping reported history to compare. They are drawn, because they are the only evidence there is, and every section carrying one is marked unverified.
01 · Price story

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

RNIT AI Solutions Ltd trades at ₹56.5, in a confirmed uptrend and 37 weeks into that stage. That is +5.6% against its own 200-day average. It sits at 48% of a 52-week range of ₹42 to ₹73. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (9 weeks and counting).

Today the stock is in a confirmed uptrend — week 37 of stage 2, confirmed. At ₹56.5 it trades +5.6% versus its 200-day average and sits at 48% of its 52-week range (₹42–₹73).

Jul 26: ₹56.5 Weekly closing price (₹) with 50- and 200-day averages; shaded bands mark the price stage (grey base, green advance, amber top, red decline). 1-year window.
+5.6% versus the 200-day line, week 37 of stage 2
Price50-day avg200-day avg
S4S2₹76.3₹62.6₹48.9₹35.2₹21.5₹57₹54Oct 25Jan 26Mar 26Jun 26Jul 26
S4S2₹76.3₹62.6₹48.9₹35.2₹21.5₹57₹54Oct 25Mar 26Jul 26
Beating or trailing, week by week since 2025 Each cell is one week from 2025 to now (44 weeks): the stock's trailing 13-week return minus the NIFTY 500's, green ahead / red behind (±25% ramp). Grey cells are the 13-week warm-up or weeks where the NIFTY 500 reading is not held.
trailing 13-week return vs the NIFTY 500
Oct 25Jul 26

Against the market, two honest reads. Cumulative: over the last 8 months the stock moved +8% while the NIFTY 500 moved −3% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (9 weeks and counting; last ahead the week of 2026-06-10) — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 27th percentile of its own range.

02 · Valuation

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

RNIT AI Solutions Ltd trades at 39.8× P/E, near the bottom of its own range — cheaper only 27% of the time. Its long-run median P/E is 42.8×, measured across 0.7 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 39.8× is near the bottom of its own range — cheaper only 27% of the time, against a long-run median of 42.8× measured over 0.7 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

One caveat before moving on: margins are the best this company has ever printed — cheap against its own history on record margins is not the same thing as cheap. If profitability mean-reverts, today's multiple is higher than it looks.

P/E 39.8× vs a 42.8× long-run median P/E, weekly (left axis); earnings per share, trailing twelve months, weekly (right axis). 0.7-year window; loss-period spikes above 56× shown pinned at the top. The eps (ttm) bars are red where the reading is lower than the quarter before.
near the bottom of its own range — cheaper only 27% of the time
P/EMedianEPS (TTM) (quarterly)
57.9×₹1.651.3×₹1.244.6×₹0.837.9×₹0.431.3×₹0.0×39.80×₹1Oct 25Dec 25Mar 26May 26Jul 26
57.9×₹1.651.3×₹1.244.6×₹0.837.9×₹0.431.3×₹0.0×39.80×₹1Oct 25Mar 26Jul 26
P/E
39.8×
27th percentile of 1y

Put together: the multiple is low against its own past, so the story rests on the earnings line underneath it, not the multiple.

→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.

03 · Stage: No read

Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

RNIT AI Solutions Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 6 quarters across 1 curve, on partial evidence.

Three growth curves, twelve quarters Year-on-year growth of trailing-twelve-month revenue (left axis), profit and EPS (right axis — they swing far wider), % at each quarter-end. Base-effect spikes shown pinned (▲). A missing point means that reading is not held for the quarter.
the trajectory the stage is read from
RevenueProfitEPS
327%328%230%226%133%125%36%23%−61%−78%%%59.8%66.7%−50.2%Jun 23Sep 24Mar 26
327%328%230%226%133%125%36%23%−61%−78%%%59.8%66.7%−50.2%Jun 23Sep 24Mar 26
ROCE Annual readings — the quarterly balance-sheet pieces this curve needs are not held for this stock, so the returns read moves once a year and carries less weight in the call.
the return curve, annual readings
ROCE
67%52%38%23%7.9%%20%FY16FY17FY26
67%52%38%23%7.9%%20%FY16FY17FY26
ROCE
Steady high
latest 20.0% · span 12.0%–63.0%

Why it matters: with too little history, an honest page says so instead of guessing a trajectory.

Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.

Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.

Growth, year by year: revenue +62.5% in FY26, profit +71.4% Year-over-year growth per fiscal year, %: revenue (left axis); net profit and EPS (right axis — profit growth swings far wider). Zero line drawn. Turnaround-year spikes shown pinned (▲).
Revenue YoYProfit YoYEPS YoY
224%337%137%203%50%69%−37%−66%−124%−200%%%62.5%71.4%FY10FY15FY26
224%337%137%203%50%69%−37%−66%−124%−200%%%62.5%71.4%FY10FY15FY26
TTM growth by quarter Trailing-twelve-month growth versus the year-ago TTM, per quarter, %: revenue (left axis); profit and EPS (right axis). Spikes shown pinned (▲).
Revenue TTM YoYProfit TTM YoYEPS TTM YoY
692%328%497%226%302%125%107%23%−88%−78%%%59.8%66.7%Jun 23Sep 24Mar 26
692%328%497%226%302%125%107%23%−88%−78%%%59.8%66.7%Jun 23Sep 24Mar 26
Compound annual growth rate (%) Compound annual growth rate over each window, %. Revenue, profit and EPS from fiscal-year figures; share price is the price CAGR over the same spans. A dash = that window is not held, or the base was a loss.
1yr3yr5yr10yr
Revenue+62.5%+2.7%
Profit+71.4%
EPS+47.9%−0.1%
Revenue YoY (Mar 26)
+41.9%
latest quarter vs a year ago
Profit YoY (Mar 26)
+27.2%
latest quarter vs a year ago
Revenue 10y
22.6%
long-run compound pace

→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.

04 · 4-Factor Sector Score

4-Factor Sector Score

54.6/100 — rank 19 of 63 in IT - Software · 52% evidence confidence

RNIT AI Solutions Ltd scores 54.6 out of 100 against the 63 companies it is compared with in IT - Software, ranking 19. Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

The four contributions add to the total exactly: 20.6 + 14.6 + 9.4 + 10 = 54.6. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

05 · Revenue

Revenue Revenue is the top line: everything the company billed its customers in the period.

RNIT AI Solutions Ltd reported ₹17.6 Cr of revenue in the Mar 26 quarter, +41.9% year on year. That is the 4th straight quarter of year-on-year growth. Over 16 years it has compounded at 22.6% a year. The last full year, FY26, came in at ₹52.0 Cr. The last four reported quarters add to ₹51.5 Cr.

RNIT AI Solutions Ltd reported ₹17.6 Cr of revenue in the Mar 26 quarter, +41.9% year on year. That is the 4th straight quarter of year-on-year growth. Over 16 years it has compounded at 22.6% a year. The last full year, FY26, came in at ₹52.0 Cr. The last four reported quarters add to ₹51.5 Cr.

FY26 revenue came in at ₹52.0 Cr (+62.5% on the year), capping 16 years at 22.6% compound. The latest quarter (Mar 26) printed ₹17.6 Cr, +41.9% year on year — the 4th consecutive quarter of year-over-year growth.

FY26 revenue ₹52.0 Cr (+62.5% YoY) Revenue bars, ₹ Cr (left); YoY growth-% line (right). 11-year window. A bar is red when it is lower than the year before.
22.6% a year over 16 years
RevenueYoY growth
56224%42137%2850%14−37%0−124%₹ Cr%₹5262.5%FY10FY15FY26
56224%42137%2850%14−37%0−124%₹ Cr%₹5262.5%FY10FY15FY26
Mar 26: ₹17.6 Cr (+41.9% YoY) Quarterly revenue bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
4th straight quarter of growth
Revenue (quarterly)YoY growth
1997%1480%1064%548%032%₹ Cr%₹1841.9%Jun 23Sep 24Mar 26
1997%1480%1064%548%032%₹ Cr%₹1841.9%Jun 23Sep 24Mar 26

Pace check: the last four quarters averaged +60.6% growth against the decade's 22.6% — the current year is running faster than its own long-run rate.

→ Revenue grew — did margins hold as it scaled? Next: 40.2% this quarter (+5.1 pp YoY).

06 · Operating margin

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

RNIT AI Solutions Ltd's operating margin is 40.2% in the Mar 26 quarter, +5.1 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 12 fiscal years the operating margin has ranged −555.0% to 40.0%. The current quarter is running above every full year in that window.

RNIT AI Solutions Ltd's operating margin is 40.2% in the Mar 26 quarter, +5.1 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 12 fiscal years the operating margin has ranged −555.0% to 40.0%. The current quarter is running above every full year in that window.

The latest quarter's operating margin is 40.2%, +5.1 pp against the same quarter a year ago. Across 12 fiscal years the operating margin has ranged −555.0%–40.0%, and FY26's 40.0% is the top of that band — a record year.

Why the margin moved: operating margin went +5.1 pp year on year while gross margin went +0.0 pp — the gain came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.

Worth repeating from the valuation section: cheap against its own history on record margins is not the same thing as cheap — a record margin flatters every ratio built on top of it.

FY26: 40.0% Operating margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 12-year window.
the widest a −555.0–40.0% band over 12 years
operating marginYoY change (pp)
88%462%−85%198%−258%−65%−430%−328%−603%−592%%%40%8%FY08FY13FY26
88%462%−85%198%−258%−65%−430%−328%−603%−592%%%40%8%FY08FY13FY26
Mar 26: 40.2% operating margin (+5.1 pp YoY) Quarterly operating margin, %, line (left); year-on-year change in the margin, in percentage points, line (right). Last 12 quarters. Operating profit as a share of revenue, per quarter.
Operating marginYoY change (pp)
43%16%39%13%35%9.9%31%7.1%26%4.3%%%40.2%5.1%Jun 23Sep 24Mar 26
43%16%39%13%35%9.9%31%7.1%26%4.3%%%40.2%5.1%Jun 23Sep 24Mar 26

→ Margins held — did that reach the bottom line? Next: profit +27.2% in the latest quarter.

07 · Net profit

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

RNIT AI Solutions Ltd earned ₹4.3 Cr of net profit in the Mar 26 quarter, +27.2% year on year. It is the 4th consecutive quarter of growth. Full-year FY26 profit was ₹12.0 Cr. The 16-year compound rate is 16.8%. That is 24.7% of the quarter's revenue. The same quarter a year earlier earned ₹3.4 Cr.

RNIT AI Solutions Ltd earned ₹4.3 Cr of net profit in the Mar 26 quarter, +27.2% year on year. It is the 4th consecutive quarter of growth. Full-year FY26 profit was ₹12.0 Cr. The 16-year compound rate is 16.8%. That is 24.7% of the quarter's revenue. The same quarter a year earlier earned ₹3.4 Cr.

Mar 26 profit was ₹4.3 Cr, +27.2% year on year — the 4th consecutive quarter of growth. On the full year, FY26 printed ₹12.0 Cr (+71.4%), and the 16-year compound rate is 16.8%.

FY26 profit ₹12.0 Cr (+71.4% YoY) Net profit bars, ₹ Cr (left); YoY growth-% line (right). 11-year window. A bar is red when it is lower than the year before.
16.8% a year over 16 years
Net profitYoY growth
13980%10690%6400%3110%0−180%₹ Cr%₹1271.4%FY10FY15FY26
13980%10690%6400%3110%0−180%₹ Cr%₹1271.4%FY10FY15FY26
Mar 26: ₹4.3 Cr (+27.2% YoY) Quarterly net profit bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
4th straight quarter of growth
Net profit (quarterly)YoY growth
5161%3120%280%139%−1−2.0%₹ Cr%₹427.2%Jun 23Sep 24Mar 26
5161%3120%280%139%−1−2.0%₹ Cr%₹427.2%Jun 23Sep 24Mar 26

Why profit moved: revenue contributed +41.9% and the margin +5.1 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.

Pace comparison, last four quarters: profit +72.4% vs revenue +60.6%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.

→ Profit rose — but did the cash follow? Next: 15% of the last 3 years' profit arrived as cash.

08 · Cash flow — the router

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years 15% of RNIT AI Solutions Ltd's reported profit arrived as operating cash — a gap worth watching. In FY26 that was ₹11.0 Cr of operating cash against ₹12.0 Cr of profit. After ₹19.0 Cr of capital spending, ₹−8.0 Cr was left as free cash.

FY26: operating cash of ₹11.0 Cr against reported profit of ₹12.0 Cr, leaving free cash of ₹−8.0 Cr after ₹19.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 15% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

FY26: CFO ₹11.0 Cr vs profit ₹12.0 Cr Operating cash flow and net profit by fiscal year, ₹ Cr; the line is free cash flow (CFO minus capital spending). 11-year window, annual resolution. FY16/FY25 reflects an acquisition year — point shown clipped.
15% of 3-year profit arrived as cash
Operating cashNet profitFree cash
1482−4−10₹ Cr₹11₹12₹−8FY08FY14FY26
1482−4−10₹ Cr₹11₹12₹−8FY08FY14FY26
FY26: CFO = 92% of profit (three-year rate 15%) Operating cash as a share of net profit, per fiscal year, % (line). Dashed line = 100% — every unit of profit arriving as cash.
Conversion100%
140%0.0%−150%−295%−440%%92%FY08FY14FY26
140%0.0%−150%−295%−440%%92%FY08FY14FY26

🚨 Why conversion sits at 15%: the cash cycle held roughly steady between FY14 and FY26 — so conversion tracks profitability rather than the cycle. Less than 70% of profit arriving as cash is the thing to watch on this page.

Router verdict: the bigger cash user is investment — capital spending ran 10.0× depreciation over three years, so the next section's job is to check what that build-out is buying.

→ So follow the cash to where it goes. Next: ₹80.0 Cr of building over 3 years.

09 · Where the cash goes

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

RNIT AI Solutions Ltd's cash conversion cycle runs 146 days in FY26, up from 136 days in FY14. Capital spending ran ₹80.0 Cr over the last 3 years. At FY26 sales of ₹52.0 Cr each day of that cycle holds about ₹0.1 Cr, so roughly ₹21.0 Cr sits inside the business at any moment.

FY26: debtors at 146 days (an asset-light business — no inventory to speak of) — for a full cycle of 146 days, looser than FY14's 136.

In money terms: at FY26 sales of ₹52.0 Cr, each day of the cycle holds about ₹0.1 Cr — so the 146-day loop keeps roughly ₹21.0 Cr sitting inside the business at any moment.

FY26: a 146-day cash cycle Debtor days, inventory days, payable days and the cash conversion cycle by fiscal year. 12-year window.
+10 days vs FY14
Cash cycleInventory daysDebtor daysPayable days
4,8832,559235−2,090−4,414days146d231d146d232dFY08FY10FY13FY16FY26
4,8832,559235−2,090−4,414days146d231d146d232dFY08FY13FY26

On the investment side: capital spending of ₹80.0 Cr over the last 3 fiscal years against ₹8.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹0.0 Cr (FY26) — capacity paid for but not yet earning.

FY26: capex ₹19.0 Cr, work-in-progress ₹0.0 Cr Capital spending per fiscal year, ₹ Cr (bars); capital work-in-progress, ₹ Cr (line). Quarterly capital-spending history is not held for India — annual is the honest resolution.
a build-out
CapexWork-in-progress
63462911−6₹ Cr₹19₹0FY09FY11FY14FY16FY26
63462911−6₹ Cr₹19₹0FY09FY14FY26

The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.

→ Does all this activity actually earn its cost of capital? Next: ROCE is 20%.

10 · Return on capital

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.

RNIT AI Solutions Ltd earns a ROCE of 20% in FY26. That is up from a trough of 12% in FY17. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 23.1% net margin on 0.31× asset turns.

FY26 ROCE is 20%, recovered from a FY17 trough of 12% — the full ladder below shows the fall and the climb, undoctored.

Why the return is what it is — the wiring (FY26): 23.1% net margin × 0.31× asset turns × 1.20× balance-sheet leverage ≈ 8.6% on equity. Margin is doing the heavy lifting; leverage is modest — this is an earned return, not a borrowed one.

FY26: ROCE 20% Return on capital employed by fiscal year, % (line). 8-year window, dips included. Dashed line = the 12.0% cost of capital used on this page.
the climb back from FY17's 12%
ROCEWACC
67%52%38%23%7.9%%20%FY12FY13FY15FY17FY26
67%52%38%23%7.9%%20%FY12FY15FY26

→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.13.

11 · Debt

Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.

RNIT AI Solutions Ltd carries ₹18.0 Cr of borrowings against ₹139 Cr of equity in FY26, a debt-to-equity of 0.13. Operating profit covers the interest bill 21×. Over 11 years borrowings went from ₹17.0 Cr to ₹18.0 Cr. Capital spending ran ₹80.0 Cr across the last 3 of those years.

FY26: borrowings of ₹18.0 Cr against equity of ₹139 Cr — a debt-to-equity of 0.13. Operating profit covers the interest bill 21×. Over 11 years borrowings went from ₹17.0 Cr to ₹18.0 Cr while capital spending ran ₹80.0 Cr in just the last 3 — part of the build-out is riding on borrowed money.

FY26: borrowings ₹18.0 Cr at 0.13× equity Borrowings by fiscal year, ₹ Cr (bars); debt-to-equity, × (line). 13-year window. Quarterly balance-sheet history is not held for India — annual is the honest resolution.
the debt trajectory
BorrowingsDebt-to-equity
307.4×235.0×152.7×80.3×0−2.1×₹ Cr×₹180.13×FY08FY11FY14FY17FY26
307.4×235.0×152.7×80.3×0−2.1×₹ Cr×₹180.13×FY08FY14FY26

→ Who owns this, and are they adding or leaving? Next: Promoters added 11.0 points over 8 quarters.

12 · Ownership

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

Promoters added 11.0 points of RNIT AI Solutions Ltd over 8 quarters, the biggest move on the register. That takes promoters to 63.2% of the company. Domestic institutions moved −6.0 points over the same window, to 1.7%. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Promoters: +11.0 points over 8 quarters to 63.2%; Domestic institutions: −6.0 points over 8 quarters to 1.7%; Foreign institutions: −0.2 points over 8 quarters to 0.0%.

Why the register moved: promoters drove it (+11.0 points), absorbed on the other side by domestic institutions (−6.0 points) — steady accumulation by institutions reading the same numbers this page reads.

Fiscal-year ends: promoters +15.1 pts from Mar 25 to Mar 26 Shareholding at each fiscal-year end (March quarter), % of the company. 2 year-ends held.
PromotersForeign inst.Domestic inst.Public
73%53%34%14%−5.4%%67.4%0%0%32.6%Mar 25Mar 26
73%53%34%14%−5.4%%67.4%0%0%32.6%Mar 25Mar 26
Promoters added 11.0 points over 8 quarters Shareholding by holder class, % of the company, quarterly, last 13 quarters.
PromotersForeign inst.Domestic inst.Public
80%58%37%15%−5.9%%63.2%0%1.7%35.0%Jun 17Dec 24Jun 26
80%58%37%15%−5.9%%63.2%0%1.7%35.0%Jun 17Dec 24Jun 26

→ One last check: does the safety math agree? Next: the balance-sheet safety line.

13 · Safety line

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

RNIT AI Solutions Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

Related companies · same sector · IT - Software Every company is compared on the shape of its own curves, not static ratios. The Revenue, EPS and ROCE columns each draw that company's last 12 quarters as a mini line of the ACTUAL level (trailing-twelve-month revenue and EPS, and the ROCE itself) — so a line that climbs is a business getting bigger, a line that sinks is one shrinking. The colour tracks the same line: green when it is rising or steadily healthy, amber when it is rolling over from a high (still elevated but turning down), red when it is falling, grey when flat or stuck. Colour and direction always agree — a green line never points down. The ROCE curve is the return on capital (annual readings for peers, so a slightly coarser line than the quarterly one at the top of this page). The Stage column then runs the same 12-quarter trajectory classifier used at the top of the page on each company and names where it sits. What lands a company in each bucket: CONSISTENT — growth stays positive across the window and returns are healthy (ROCE ≥ 15%, or ROE ≥ 12% for lenders); IMPROVING — profit or EPS fell into real decline, bottomed a few quarters back, and has climbed back to positive and held there; TURNING AROUND — the same kind of trough but more recent, with the latest quarters just lifting off it (an early, unconfirmed turn); TOPPING OUT — growth is still positive but decelerating hard from its own peak while returns have stopped rising; DETERIORATING — two or more growth curves are shrinking (latest below zero) and staying there, not one soft quarter; MIXED — the curves genuinely disagree, or no clean majority, so no single word fits; NO READ — fewer than eight usable quarters. It is a like-for-like read of every company against its own past, not a ranking against the group.
CompanyP/EMkt capRevenueEPSROCEStage
RNIT AI Solutions Ltd this page39.8×₹479 CrNo read
Tata Consultancy Services Ltd15.2×₹8.2L CrConsistent
Infosys Ltd13.6×₹4.2L CrConsistent
HCL Technologies Ltd19.0×₹3.4L CrMixed
Wipro Ltd13.3×₹1.8L CrTopping out
Tech Mahindra Ltd28.7×₹1.5L CrTopping out
LTM Ltd21.6×₹1.2L CrConsistent
Coforge Ltd40.0×₹65,726 CrMixed
Mphasis Ltd22.6×₹43,674 CrConsistent
Hexaware Technologies Ltd23.0×₹33,719 CrNo read
IDream Film Infrastructure Company Ltd₹17,180 CrNo read
Zensar Technologies Ltd15.1×₹11,511 CrTurning around
Sonata Software Ltd15.8×₹8,079 CrMixed
Tanla Platforms Ltd14.9×₹7,954 CrTurning around
Birlasoft Ltd14.8×₹7,896 CrTurning around
Seshaasai Technologies Ltd23.6×₹6,221 CrNo read
ASM Technologies Ltd103.0×₹6,206 CrNo read
AvenuesAI Ltd20.2×₹5,700 CrMixed
Mastek Ltd12.0×₹5,242 CrConsistent
Datamatics Global Services Ltd20.3×₹4,856 CrTopping out
Aurionpro Solutions Ltd21.0×₹4,562 CrMixed
Moschip Technologies Ltd141.0×₹4,508 CrMixed
Capillary Technologies India Ltd128.0×₹3,790 Cr
TechNVision Ventures Ltd984.0×₹3,563 CrNo read
Cigniti Technologies Ltd11.4×₹3,472 CrMixed
63 Moons Technologies Ltd₹3,264 CrNo read
ASM Technologies Ltd52.8×₹3,220 CrNo read
TechNVision Ventures Ltd14,485.0×₹3,187 CrNo read
R Systems International Ltd12.6×₹2,909 CrTurning around
Sasken Technologies Ltd48.1×₹2,765 CrImproving
BLS E-Services Ltd44.6×₹2,565 CrMixed
Silver Touch Technologies Ltd71.0×₹2,538 CrTurning around
Saksoft Ltd16.3×₹2,231 CrMixed
Blue Cloud Softech Solutions Ltd31.2×₹1,889 CrMixed
Hypersoft Technologies Ltd440.0×₹1,798 CrNo read
Kody Technolab Ltd104.0×₹1,748 Cr
IZMO Ltd34.8×₹1,653 CrImproving
NINtec Systems Ltd50.3×₹1,610 CrMixed
Dynacons Systems & Solutions Ltd18.6×₹1,580 CrMixed
Magellanic Cloud Ltd13.6×₹1,568 CrMixed
12 · Frequently asked questions

Frequently asked questions

What is RNIT AI Solutions Ltd's share price today?

RNIT AI Solutions Ltd trades at ₹56.5. The company is valued at ₹479 Cr. The stock sits at 48% of its 52-week range of ₹42–₹73, +5.6% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 37 weeks in. — as of 24 July 2026.

What were RNIT AI Solutions Ltd's latest quarterly results?

RNIT AI Solutions Ltd reported revenue of ₹17.6 Cr and net profit of ₹4.3 Cr for the Mar 26 quarter. Revenue rose 41.9% and profit rose 27.2% year on year. Earnings per share were ₹0.51. The operating margin was 40.2%, 5.1 pp higher than a year earlier. — as of 24 July 2026.

What is RNIT AI Solutions Ltd's revenue?

RNIT AI Solutions Ltd reported revenue of ₹17.6 Cr in the Mar 26 quarter, +41.9% year on year. For the full FY26 fiscal year, revenue was ₹52.0 Cr (+62.5%). Over the last 16 years revenue compounded at 22.6% a year. — as of 24 July 2026.

What is RNIT AI Solutions Ltd's profit?

RNIT AI Solutions Ltd earned ₹4.3 Cr of net profit in the Mar 26 quarter, +27.2% year on year — the 4th straight quarter of growth. Full-year FY26 profit was ₹12.0 Cr. The operating margin ran 40.2% in the latest quarter. — as of 24 July 2026.

What is RNIT AI Solutions Ltd's market cap?

RNIT AI Solutions Ltd's market capitalisation is ₹479 Cr at a share price of ₹56.5. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.

What is RNIT AI Solutions Ltd's P/E ratio?

RNIT AI Solutions Ltd trades at a P/E of 39.8×, at the 27th percentile of its own 1-year range, against a long-run median of 42.8×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.

Is RNIT AI Solutions Ltd overvalued?

On its own history, RNIT AI Solutions Ltd looks cheap against its own history: its P/E of 39.8× has been cheaper only 27% of the time in 1 years (long-run median 42.8×). That is a percentile read against the stock's own past, not a price opinion or a direction call. One caveat: margins are the best this company has ever printed — cheap on record margins is not the same thing as cheap. — as of 24 July 2026.

Is RNIT AI Solutions Ltd growing?

Yes — RNIT AI Solutions Ltd is growing: latest-quarter revenue +41.9% year on year, profit +27.2%, and the margin +5.1 pp at 40.2%. The 16-year compound rates are 22.6% (revenue) and 16.8% (profit). The earnings engine currently reads: improving — as of 24 July 2026.

How is RNIT AI Solutions Ltd performing?

RNIT AI Solutions Ltd is in a confirmed uptrend, 37 weeks in. Its latest quarter's revenue rose 41.9% and profit rose 27.2% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 9 weeks. This describes what the data did, not a rating. — as of 24 July 2026.

Is RNIT AI Solutions Ltd in an uptrend?

Yes — the price is in a confirmed uptrend (week 37 of stage 2), trading +5.6% versus its 200-day average and at 48% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.

Is RNIT AI Solutions Ltd beating the market?

Not lately — on a trailing-13-week view RNIT AI Solutions Ltd is currently behind the NIFTY 500 (9 weeks and counting; last ahead the week of 2026-06-10), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 8 months the stock moved +8% against the NIFTY 500's −3% — ahead of the index over the full window. — as of 24 July 2026.

Will RNIT AI Solutions Ltd's share price go up?

This page publishes no price forecast for RNIT AI Solutions Ltd. What it measures instead: the share price is ₹56.5, the price is in a confirmed uptrend 37 weeks in. Its P/E of 39.8× sits at the 27th percentile of its own 1-year range. — as of 24 July 2026.

Who owns RNIT AI Solutions Ltd?

Promoters hold 63.2% of RNIT AI Solutions Ltd, foreign institutions 0.0%, domestic institutions 1.7% and the public 35.0% (latest quarter). The biggest move on the register over the last two years: Promoters added 11.0 points over 8 quarters. — as of 24 July 2026.

Does RNIT AI Solutions Ltd have too much debt?

No — RNIT AI Solutions Ltd's debt-to-equity is 0.13, and operating profit covers the interest bill 21×. FY26 borrowings were ₹18.0 Cr against equity of ₹139 Cr. The returns on this page are earned, not borrowed — as of 24 July 2026.

What is RNIT AI Solutions Ltd's capex?

RNIT AI Solutions Ltd spent ₹80.0 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹19.0 Cr, with ₹0.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.

What is RNIT AI Solutions Ltd's cash flow?

RNIT AI Solutions Ltd generated ₹11.0 Cr of operating cash flow in FY26 and ₹−8.0 Cr of free cash flow after ₹19.0 Cr of capital spending. Reported profit that year was ₹12.0 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 24 July 2026.

Is RNIT AI Solutions Ltd's profit real cash?

Not fully — over the last 3 fiscal years, 15% of RNIT AI Solutions Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹11.0 Cr against reported profit of ₹12.0 Cr. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 24 July 2026.

Where is RNIT AI Solutions Ltd in its business cycle?

RNIT AI Solutions Ltd's FY26 operating margin was 40.0%, against a 12-year band of −555.0%–40.0%: the top of the band — a record year. Record profitability is late-cycle territory: every ratio flatters at the top, and the story leans on margins holding. The latest quarter ran 40.2%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.

What could break the RNIT AI Solutions Ltd story?

The sharpest disagreement: profits are rising, but only 15% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.

Is RNIT AI Solutions Ltd a stock worth studying right now?

This is not investment advice. The machine read: RNIT AI Solutions Ltd's multiple sits at its floor because earnings outran a hard multi-year rally — compression born of growth, not neglect. The quarters are still improving, and the P/E sits at the 27th percentile of its own 1-year range. The sharpest open question: whether the cash starts following the profit. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.

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