RNFI Services (NSE:RNFI) Gross Margin %: 9.87% (As of Mar. 2026) — 45% Above Median


NSE:RNFI RNFI Services Ltd NSE:RNFI
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What is RNFI Services Gross Margin %?

RNFI Services NSE:RNFI +2.69% 50 Gross Margin % is 9.87% as of Mar. 2026, which is 45% above its 10-year median of 6.79. GuruFocus rates NSE:RNFI with a GF Score™ of 50/100. The stock has 5 warning signs investors should review. Among 619 Capital Markets companies, RNFI Services ranks worse than 78.51% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. RNFI Services's Gross Profit for the six months ended in Mar. 2026 was ₹491 Mil. RNFI Services's Revenue for the six months ended in Mar. 2026 was ₹4,972 Mil. Therefore, RNFI Services's Gross Margin % for the quarter that ended in Mar. 2026 was 9.87%.

Warning Sign:

RNFI Services Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.7%.


The historical rank and industry rank for RNFI Services's Gross Margin % or its related term are showing as below:

NSE:RNFI' s Gross Margin % Range Over the Past 10 Years
Min: 1.91   Med: 6.79   Max: 11.2
Current: 8.98


During the past 6 years, the highest Gross Margin % of RNFI Services was 11.20%. The lowest was 1.91%. And the median was 6.79%.

NSE:RNFI's Gross Margin % is ranked worse than
78.51% of 619 companies
in the Capital Markets industry
Industry Median: 49.52 vs NSE:RNFI: 8.98

RNFI Services had a gross margin of 9.87% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for RNFI Services was -2.70% per year.


RNFI Services  (NSE:RNFI) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

RNFI Services had a gross margin of 9.87% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


RNFI Services Gross Margin % Related Terms


RNFI Services Gross Margin % Historical Data

* Premium members only.

The historical data trend for RNFI Services's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

RNFI Services Gross Margin % Chart

RNFI Services Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial 7.22 1.91 3.23 6.35 8.98

RNFI Services Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only 3.83 5.88 6.56 8.04 9.87

NSE:RNFI vs MS, GS, SCHW: Gross Margin % Comparison

For the Capital Markets subindustry, RNFI Services's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


RNFI Services Gross Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, RNFI Services's Gross Margin % distribution charts can be found below:

* The bar in red indicates where RNFI Services's Gross Margin % falls into.


NSE:RNFI
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RNFI Services Ltd NSE:RNFI
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RNFI Services Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

RNFI Services's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=869.6 / 9685.956
=(Revenue - Cost of Goods Sold) / Revenue
=(9685.956 - 8816.343) / 9685.956
=8.98 %

RNFI Services's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=490.5 / 4971.771
=(Revenue - Cost of Goods Sold) / Revenue
=(4971.771 - 4481.271) / 4971.771
=9.87 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 9.87% mean?
RNFI Services (NSE:RNFI) has a Gross Margin % of 9.87% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on RNFI Services and its competitors. This is 45% above median its historical median of 6.79. Over the past decade, RNFI Services' Gross Margin % has ranged from 1.91 to 11.20. According to the industry distribution chart, RNFI Services ranks #486 out of 619 companies in the Capital Markets industry, placing it in the top 78.5%.
Is RNFI Services' Gross Margin % too high?
RNFI Services' current Gross Margin % of 9.87% is 45% above median its 10-year median of 6.79. Over the past 10 years, this metric has ranged from a low of 1.91 to a high of 11.20. The Capital Markets industry median Gross Margin % is 49.52. RNFI Services' value of 9.87% is 80.1% below this industry median. Based on the distribution chart, RNFI Services ranks #486 out of 619 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, RNFI Services has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does RNFI Services' Gross Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, RNFI Services ranks #486 out of 619 companies for Gross Margin %. This places RNFI Services in the lower half of its industry. The industry median Gross Margin % is 49.52. RNFI Services' value of 9.87% is 80.1% below this benchmark. Historically, RNFI Services' own Gross Margin % has ranged from 1.91 to 11.20 over the past decade. While the company's 10-year median is 6.79 vs. the industry median of 49.52, RNFI Services has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Capital Markets company?
The median Gross Margin % among Capital Markets companies is 49.52, based on 619 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RNFI Services's current Gross Margin % of 9.87% is 80.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on RNFI Services and its competitors. For the Capital Markets industry, the median Gross Margin % is 49.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RNFI Services's current Gross Margin % is 9.87%, which is 45% above median its own 10-year median of 6.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RNFI Services stock overvalued right now?
RNFI Services (NSE:RNFI) has a current Gross Margin % of 9.87%. The current Gross Margin % is 9.87%, which is 45% above median its 10-year median of 6.79 and 80.1% below the Capital Markets industry median of 49.52. RNFI Services' overall GF Score™ is 50/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For RNFI Services (NSE:RNFI), the current Gross Margin % is 9.87% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

RNFI Services Business Description

Address DLF Industrial Area, Plot No. 42, UG-5, Relipay House, Kirti Nagar, West Delhi, New Delhi, IND, 110015
RNFI Services Ltd is a business correspondent of various banks and payment banks and engaged in the business of Domestic Money Transfer (DMT), IMPS, Aadhar Enabled Payment System (AEPS), Mobile Recharges, Railway and Air Tickets, Cash Management Services, EMI Collection Services, Delinquent Loan Collection and other incidental business through its merchants (namely Retailers, Distributors, Partners and Super Distributors) network across India. The group's reportable segments are: Business Correspondent, Non-Business Correspondent, Full Fledge Money Changer, and Direct Insurance Broking. Maximum revenue is generated from its Full Fledge Money Changer segment, which comprises all sales and purchases of foreign currency and services belonging to FFMC (Full Fledge Money Changer).
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