Delhi headquartered RattanIndia Enterprises Limited is the flagship company of the RattanIndia Group. The company’s business operations span across e-commerce, retail, electric vehicles and fintech segments. The company has also expanded to the drones sector in recent years.
The company was incorporated as Indiabulls Infrastructure and Power Limited on November 09, 2010, as a wholly owned subsidiary of Indiabulls Real Estate Limited. It received the certificate of Commencement of Business on November 11, 2010.
It was listed on the National Stock Exchange and BSE on July 30, 2012.
In 2014, the three Indiabulls Group promoters decided to split the ₹8,800 crore business empire. The management control of the energy business was retained by two of the promoters Rajiv Rattan and Saurabh Mittal. Accordingly, the reference to Indiabulls was dropped from the company’s name and it was renamed as RattanIndia Infrastructure Limited with effect from November 3, 2014.
The company’s name was again changed from RattanIndia Infrastructure Limited to RattanIndia Enterprises Limited (REL) effective from April 7, 2021.
As on December 31, 2023, the promoter and promoter group held 74.86% of shares, while the public held 25.04%. The employees trusts controlled 0.10% of the total shares.
The market capitalisation of RattanIndia Enterprises stood at over ₹11,300 crore as of January 22, 2024. RattanIndia Eterprises share price has surged more than 1,000% in the last three years.
RattanIndia Enterprises Limited business operations
Through its wholly owned subsidiary Cocoblu Retail Limited, REL is engaged in the e-commerce business. Incorporated in 2021, Cocoblu has partnered with multiple brands in India. In FY23, Cocoblu shipped 1.5 crore shoes and an equal number of wireless accessories across India.
It also delivered 2.1 crore books, 3.03 crore apparel, 89 lakh office stationery and 9.5 lakh musical instruments. Its revenue stood at ₹4,079 crore in FY 2023.
REL’s another wholly owned subsidiary Neobrands is engaged in online fashion apparel business.
REL acquired a 100% stake in the Revolt brand in January 2023. REL’s subsidiary is market leader in EV motorcycles in India. With its manufacturing facility in Manesar, Haryana, and 30 dealerships in multiple cities, the company serves customers across India.
Neotec Enterprises, another wholly owned REL subsidiary, operates the digital aggregator platform, ‘Wefin’. Neotec has partnered with leading banks and NBFCs in India. Its service offerings include personal and business loans, two-wheeler loans and credit cards.
It disbursed over 7,300 loans aggregating to over ₹300 crore and issued more than 3700 credit cards in FY23.
Neotec has wide-ranging tie ups with more than 30 financial institutions and 34 Original Equipment Manufacturers.
NeoSky India Limited is REL’s wholly owned subsidiary dealing in the Indian Unmanned Aerial Vehicle (UAV) businesses, with Drone-as-a-Product and Drone-as-a-Services offerings.
Throttle Aerospace Systems, a subsidiary of NeoSky is a leading maker of drone hardware and software. It is India's first DGCA approved maker for civil drones and is licenced to manufacture military grade drones from the Ministry of Defence.
Making further inroads into the UAV industry, REL has made strategic investment in the United States-based Matternet, a developer of urban drone delivery systems. RattanIndia Enterprises also has shareholding in the Group’s thermal power business.
RattanIndia Entertainment Financial Highlights
- Revenue: RattanIndia Entertainment reported revenue of ₹7,530.51 crore in FY26 vs ₹6,866.35 crore in FY25. It showed an increase of 9.67% on a yearly basis.
- Operating Profit: RattanIndia Entertainment reported an operating loss of ₹162.63 crore in FY26 vs ₹151.91 crore in FY25. It showed a decrease of 207.06% on a year-on-year basis.
- Net Profit: RattanIndia Entertainment reported a net loss of ₹166.35 crore in FY26 vs ₹80.72 crore in FY25. It showed a decrease of 306.08% on a yearly basis.
RattanIndia Entertainment Quarterly Result Highlights
- RattanIndia Entertainment reported revenue of ₹1,870.48 crore in Jun 2026, compared with ₹1,696.63 crore in Mar 2026, representing an increase of 10.25% on a quarter-on-quarter (QoQ) basis.
- RattanIndia Entertainment reported an operating profit of ₹28.10 crore in Jun 2026, compared with ₹122.63 crore in Mar 2026, representing an increase of 122.91% on a quarter-on-quarter (QoQ) basis.
- RattanIndia Entertainment reported a profit of ₹14.74 crore in Jun 2026, compared with ₹110.10 crore in Mar 2026, reflecting an increase of 113.39% on a QoQ basis.
- The earnings per share (EPS) of RattanIndia Entertainment stood at ₹1.20 during Jun 2026.
Data Source: BSE, Company announcements
Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.
