RattanIndia Enterprises Limited is one of the startup companies that are making their presence felt in various emerging technology sectors like e-commerce, electric vehicles, fintech and drone technologies in the Indian market, which is rapidly expanding. The company has undergone a dramatic change in its business model in the past couple of years. Previously, the group was predominantly associated with the power sector but is now on a strong push for new-age digital and technology-driven businesses. The one thing that is attractive to investors in the company is the fact that the company plays a significant role in some of the industries which are projected to grow very fastly during the upcoming 10 years in India. Internet penetration and growing adoption of online shopping is driving India’s e-commerce sector to grow further. This article covers all details related to RattanIndia Enterprises share price.
RattanIndia Enterprises Ltd overview
RattanIndia Enterprises Limited is the holding company of the RattanIndia Group and is active in various technology enabled industries. The company has slowly transformed into a diversified technology and consumer based company. Management is making efforts to create businesses which can leverage India’s digital economy and rising demand of consumers.
It primarily specializes in a range of e-commerce, electric mobility, drone, and fintech-related industries. These industries are still in the initial stage in India, and analysts project that they will grow significantly during the coming few years. The company thinks that the investments it has made in these areas have the potential to generate long-term value for shareholders.
Cocoblu Retail Limited is one of the key growth drivers for the company, and is active in the e-commerce business. Cocoblu has collaborated with some of the top brands and is in collaboration with Amazon India as well. The company has access to a huge fulfillment network to help them make a product available nationally without hassle.
| Information | Details |
| Company Name | RattanIndia Enterprises Limited |
| Sector | Consumer Services |
| Industry | E-Commerce & Technology |
| Headquarters | New Delhi, India |
| Market Cap | ₹4,830 Cr |
| Current Share Price (As of 27 May 2026) | ₹35 |
| Face Value | ₹2 |
| Book Value | ₹7.48 |
| Dividend Yield | 0.00% |
| ROCE | 12.7% |
| ROE | 9.59% |
| 52 Week High | ₹69.7 |
| 52 Week Low | ₹24.4 |
RattanIndia Enterprises Business Model
It has various business segments which are directly linked with India’s growing digital and technology ecosystem. The company is not relying on a single business line for growth but is attempting to develop multiple growth engines.
The biggest revenue source is the e-commerce business at present. One of the best features of the company is the Cocoblu Retail Limited. It functions like a seller platform in Amazon India and has tie-ups with various big and small brands. With access to around 136 Amazon fulfillment centers, Cocoblu has developed a wide logistics and distribution network across India.
Another key business vertical is the electric vehicle segment. The company’s electric motorcycle product, Revolt Motors, is aimed primarily at urban commuters. Government initiatives, eco-friendly factors, and the increasing cost of fuel are driving India’s electric two-wheeler market.
The company has also been getting involved in the drone business. Various industries, including agriculture, logistics, infrastructure monitoring, defense, and surveillance, are using drones. The Indian government is actively promoting drone manufacturing in India, and this could lead to opportunities for companies in the sector in the future.
Besides, the firm is looking into fintech and digital commerce possibilities. While these companies are still small, they could help to grow in the future if they are scaled appropriately.
The fact that the company has several diversified business models also provides it with exposure to a number of emerging very different sectors but also results in operational difficulties and challenges related to the execution of each of the business models, as the need to invest in them and the operational skills required are significant.
RattanIndia Enterprises Market Position
This is a relatively small player in comparison with India’s great listed technology and e-commerce firms, RattanIndia Enterprises. The company, on the other hand, has established its visibility among investors thanks to its activity in various high-growth sectors.
Indian e-commerce sector still retains its growth momentum. The adoption of online shopping is expanding in both urban and rural areas, thanks to the growing numbers of smartphone users, low-cost Internet and rising digital payments. The business model of the company is based on partnership which is the reason for its quick growth.
The electric vehicle (EV) market is also becoming quite competitive. There are a number of players that are coming into the space, but Revolt Motors already has a name in electric motorcycles. The segment could be a good long-term growth driver if the company is able to raise production and distribution.
The drone industry is a fledgling industry with big opportunities down the road. Indian drone companies could have a fast growth rate with the government’s push towards ‘Make in India’ and domestic technology manufacturing.
RattanIndia Enterprises Share Price
As of May 27, 2026, the current price of RattanIndia Enterprises Limited on NSE is ₹35.20. It was trading mostly flat in the latest trading session and finishing just a bit lower than it did on the previous trading day. The shares opened at ₹34.65 and traded between ₹34.65 and ₹35.80 within the day. The average trading volume of the stock was nearly 14.95 lakh shares, which is lower than the daily trading volume of the stock.
More technically, from a short-term perspective, the stock is trading above its 50-day moving average of ₹32.48, suggesting some short-term recovery from the severe correction experienced over the course of the last year. The stock, however, is still trading below the 200-day moving average of ₹41.26, indicating the prevailing long-term bear trend unless the share price is able to cross important resistance levels.
Currently, the company has a market cap of about ₹4,826 crore and is one of the smaller listed tech and e-commerce focused companies in India. The stock has a negative P/E ratio as the company is reporting negative trailing earnings. It currently has an EPS of about minus ₹2.98, and a book value of ₹7.48 per share. Currently, the company does not provide any dividend yield as it concentrates on expansion and growth investments for the company.
RattanIndia Enterprises Share Price Performance
RattanIndia Enterprises’ share price has seen significant fluctuations in the past few years. The investor’s rating towards the company typically fluctuates depending on the developments in the EV industry, the growth of e-commerce and its profitability in regards to the quarter. Obviously the stock has tumbled when there is optimism about the Indian tech industry, and surged when there isn’t. But dramatic reversals have also taken place due to volatile profits and losses in certain quarters. Its stock has had decent long-term returns, albeit with some volatility.
| Performance Metric | Returns |
| 1 Year CAGR | -27.37% |
| 3 Year CAGR | -9.33% |
| 5 Year CAGR | 111.38% |
RattanIndia Enterprises Quarterly results
The company’s quarterly performance indicates that although there is strong revenue growth, profitability is not consistent. The growth of e-commerce business and the diversification into new sectors have resulted in a fast growth of sales over the past few years.
But earnings coverage is variable from quarter to quarter. There were some pockets of good profits and others heavy losses. One of the primary investor concerns is still this discrepancy.
In June 2024, for instance, there were highly favourable operating profit and net profit figures. However, losses were again experienced in subsequent quarters caused by increased costs and business pressures.
The pattern suggests that the business is still in an expansionary stage and has yet to become profitable.
| Quarter | Sales (₹ Cr) | Net Profit (₹ Cr) |
| Dec 2023 | 1,880 | 187 |
| Mar 2024 | 1,294 | -82 |
| Jun 2024 | 2,494 | 851 |
| Sep 2024 | 1,801 | -242 |
| Dec 2024 | 1,921 | -170 |
| Mar 2025 | 1,505 | -359 |
| Jun 2025 | 2,313 | 502 |
| Sep 2025 | 2,124 | -397 |
| Dec 2025 | 2,006 | -162 |
RattanIndia Enterprises Profit & Loss Analysis
The annual financial statements of the company present positive trend in revenue over the past few years. The sales also showed a remarkable growth from ₹4,124 crore in FY23 to nearly ₹8,000 crore on a trailing twelve-month basis.
This growth is attributable to robust growth in the e-commerce business and rising business activity in other segments.
But the profitability has been volatile. The TTM figures have again become negative despite healthy profits reported for FY24. Operating profit margin can also vary significantly because of the evolving business environment and cost savings.
Presently the company is more concerned with growth of its businesses than with short-term profits. It can contribute to future expansion, but also poses financial risks.
| Financial Metric | FY23 | FY24 | FY25 | TTM |
| Sales | ₹4,124 Cr | ₹6,187 Cr | ₹6,866 Cr | ₹7,948 Cr |
| Operating Profit | ₹40 Cr | ₹629 Cr | ₹253 Cr | -₹360 Cr |
| Net Profit | -₹286 Cr | ₹424 Cr | ₹81 Cr | -₹415 Cr |
| EPS | -₹2.06 | ₹3.08 | ₹0.61 | -₹2.97 |
Balance Sheet of RattanIndia Enterprises
While the balance sheet of a company like RattanIndia Enterprises is better than last year, the company still has financial pressures due to variable income and expansion. A positive aspect is that borrowing decreased from FY24 to FY25. Reduce debt – it can help to save on interest payments later. Reserves position has also been improved slowly. The company is continuing to invest in new businesses and it needs capital. Businesses are still growing in many of its operations so it’s important for the business to be stable on the balance sheet.
| Balance Sheet Metric | FY25 Value |
| Total Assets | ₹2,630 Cr |
| Borrowings | ₹923 Cr |
| Reserves | ₹645 Cr |
| Equity Capital | ₹276 Cr |
| Investments | ₹1,049 Cr |
| Fixed Assets | ₹262 Cr |
RattanIndia Enterprises Cash Flow Analysis
One of the areas the company has improved in is cash flow. Positive operating cash flow means the company is making cash without the volatile earnings. The company has reported positive operating cash flow of ₹306 crore in FY25. Free cash flow also went into positive territory, an interesting bodes well for investors. Having a strong cash generation capacity would enable the company to fund its expansion plans, reduce the borrowings and enhance the stability of the company in the long run. The Company’s last several years of cash flow are summarized below.
| Cash Flow Metric | FY25 Value |
| Cash from Operations | ₹306 Cr |
| Cash from Investing | ₹30 Cr |
| Cash from Financing | -₹373 Cr |
| Net Cash Flow | -₹36 Cr |
| Free Cash Flow | ₹297 Cr |
RattanIndia Enterprises Growth Drivers
There are several long term factors which could help the future growth of RattanIndia Enterprises. These industries are still in the initial stage in India, and analysts project that they will grow significantly during the coming few years. The increasing demand for online shopping could continue to drive Cocoblu’s revenue growth. The booming electric vehicle market is also contributing to the growth of the market as the rising fuel prices and government incentives are boosting the demand. If the adoption of EVs continues to increase, Revolt Motors could reap huge rewards. The opportunity of the drone industry could be another significant one as drones are becoming more and more a part of the commercial and industrial sectors.
| Growth Driver | Impact |
| E-Commerce Expansion | Higher revenue growth |
| EV Adoption | Strong future demand |
| Drone Industry Growth | New business opportunities |
| Digital Economy Growth | Larger market size |
| Rising Internet Penetration | Increased online sales |
| Technology Investments | Long-term scalability |
RattanIndia Enterprises Target Price 2026-2030
The scaling of the businesses and growing more consistent margins will be critical to the share price performance of RattanIndia Enterprises in the future.
Investor confidence could see a marked improvement if the company sustains its earnings growth, boosts its profit margins and enhances its balance sheet.
The electric vehicle industry, e-commerce business, and the drone industry can be growth engines in the future. However, it is important to note that the stock is volatile and risky – the business is still evolving.
The following estimates for share price targets are based on the present business situation, the future growth prospects of the industry and its financial results.
| Year | Minimum Target (₹) | Maximum Target (₹) |
| 2026 | 40 | 55 |
| 2027 | 55 | 70 |
| 2028 | 70 | 90 |
| 2029 | 90 | 115 |
| 2030 | 115 | 145 |
Future Outlook
The future of RattanIndia Enterprises Limited looks bright, as the company is involved in some of the fastest-growing industries of India. The Indian digital economy is growing at a rapid pace and the behaviour of consumers towards digital platforms is changing. This trend may further grow the digital businesses such as Cocoblu. There can be also great long-term opportunities in the emerging EV industry. The growing popularity of electric motorcycles is a testament to their contribution to sustainable transportation and the cost savings they offer in comparison to traditional fuel-powered motorbikes. Another part of the drone industry that may experience huge growth in the coming decade is in the field of autonomous drones. The autonomous drone is yet another area of the drone industry that can grow immensely over the coming decade.
Disclaimer: the share price targets and the financial info referenced in this article are derived from market trends, company results, and publicly accessible data. Those projections are sort of speculative by nature, so they should not be treated as investment advice. Investors are encouraged to do their own research, and if needed consult a financial advisor before they make any investment decisions.
Conclusion
RattanIndia Enterprises Limited is slowly becoming a diversified technology company, having a presence in e-commerce, electric vehicle, drone and fintech companies. The company is projected to have long-term prospects in these industries as they are expected to expand at a rapid pace in the next decade in India. The company has already seen good revenue growth from its ecommerce operations and strategic growth efforts. In the future, businesses such as Cocoblu Retail and Revolt Motors will be major growth factors. Investors need to be aware of the risks, however. It continues to be a business with inconsistent profitability, significant margin volatility and general business and execution issues. The company can be a good choice for an aggressive long-term investor who can tolerate volatility. However, investors need to pay close attention to the quarterly past performance, profitability trends, debt levels and execution capability before investing.
FAQs
RattanIndia Enterprises engages in a diversified business, spanning e-commerce, electric vehicles, the drone industry, fintech, and technology businesses.
The current price of the share is around Rs. 3520.
The market cap of the company is approximately ₹4830 crore.
Cocoblu Retail is the e-commerce arm of the company and is a leading seller partner on Amazon India.
The company is the owner of Revolt Motors.
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