RattanIndia Enterprises Ltd
About
RattanIndia Enterprises Limited is RattanIndia Group’s flagship company. It is devoted to building new-age, technology-focused businesses in the fields of e-commerce, electric vehicles, fintech, and drones. Its primary subsidiaries include Cocoblu, Revolt, Neobrands, Wefin, Neosky, TAS, and Matternet. Cocoblu enables brands of multiple categories to scale up and shine on e-commerce platforms. Through Revolt, RattanIndia Enterprises aims to promote clean commuting in India by producing accessible electric vehicles. Neobrands was launched as a direct-to-consumer apparel brand as a response to growth in the fashion industry. Rattan Enterprises is involved in fintech through Wefin. It partners with banks and NBFCs in India to offer personal loans, two-wheeler loans, and credit cards to its customers. Neosky, Throttle Aerospace Systems (TAS), and Matternet are RattanIndia’s subsidiaries that are focused on carving a space in the Indian drone industry. The company is founded and chaired by Rajiv Rattan and headquartered in New Delhi.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 6040 17.1% | 5160 717.3% | 631 - | 2 15.9% | 2 220.4% | 0 1125.0% | 0 -81.8% | 0 -100.1% | -155 -3976.8% | 4 33.3% | 3 21.5% | 2 -98.5% | 168 - | 0 - |
| Net Operating Income (INR Cr) | 5610 36.03% | 4124 - | 14 - | 0 0.00% | 0 0.00% | 0 0.00% | 0 0.00% | 0 0.00% | 0 0.00% | 0 0.00% | 0 0.00% | 0 -100.00% | 0 0.00% | 0 0.00% |
| Profit (INR Cr) | 426 - | -285 - | 554 - | 0 - | -153 - | -1308 - | -663 - | -278 - | -161 - | 1 57.9% | 0 - | -2 - | 43 - | 0 - |
| Assets (INR Cr) | 2041 45.3% | 1405 63.7% | 858 913.6% | 85 0.0% | 85 -64.4% | 238 -84.7% | 1549 -30.3% | 2221 -11.1% | 2499 282.6% | 653 2.2% | 639 3.1% | 620 -92.2% | 7975 - | 0 - |
| Net Worth (INR Cr) | 839 105.1% | 409 -41.4% | 699 726.4% | 85 -0.1% | 85 -64.4% | 238 -84.7% | 1548 -30.3% | 2220 -11.1% | 2498 0.0% | 652 2.1% | 639 3.1% | 620 -0.4% | 2493 0.0% | 0 0.0% |
| Employee Cost (INR Cr) | 121 64.2% | 74 1046.9% | 6 550.5% | 1 1000.0% | 0 - | 1 -46.0% | 1 -71.1% | 5 -4.0% | 5 102.8% | 2 59.4% | 2 -62.6% | 4 -87.3% | 33 - | 0 - |
| Interest Cost (INR Cr) | 114 | 49 | 2 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 0 |
| Cash & Bank Balance (INR Cr) | 165 | 135 | 2 | 0 | 16 | 15 | 0 | 0 | 2 | 60 | 0 | 0 | 418 | 0 |
| Total Debt (INR Cr) | 1184 | 976 | 159 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1963 | 0 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 7.1% | - | 87.7% | 0.6% | - | - | - | - | - | 15.0% | 12.7% | - | 25.4% | 61.9% |
| Profit As % Of Assets | 20.9% | - | 64.6% | 0.0% | - | - | - | - | - | 0.1% | 0.1% | - | 0.5% | 72.2% |
| Profit As % Of Networth | 50.8% | - | 79.3% | 0.0% | - | - | - | - | - | 0.1% | 0.1% | - | 1.7% | 72.2% |
| Interest Cost to EBITDA % | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity Ratio | 1.41 | 2.39 | 0.23 | - | - | - | - | - | - | - | - | - | 0.79 | - |
| RONW | -10.4% | - | -1.6% | -0.1% | - | - | - | - | - | 0.0% | 0.1% | - | 0.5% | 173.3% |
| ROCE | 2.9% | 0.0% | -1.4% | -0.1% | 0.0% | 0.0% | 0.0% | 0.0% | -6.5% | 0.0% | 0.1% | 0.0% | 0.9% | 253.3% |