Rays of Belief Limited
The short version
A profitable business — priced at a steep premium to what it earns.
What Rays of Belief does
Incorporated in 2017, Rays of Belief Ltd. is a for-profit social enterprise providing personalised intervention plans for children with Neurodevelopmental Disorders (NDDs).
Worked out from Rays of Belief's own filed results and exchange data, in plain words. Where a finance term matters, we say what it means.
01What does it do?
Rays of Belief is a small-sized company in hospital.
Incorporated in 2017, Rays of Belief Ltd. is a for-profit social enterprise providing personalised intervention plans for children with Neurodevelopmental Disorders (NDDs).
- Whole company is worth
- ₹529 crore
- Shareholders
- 6,207 people
- Listed since
- 2026
A small company by stock-market value — these tend to move more sharply.
03Does it make money?
Out of every ₹100 it sells, it keeps ₹6.1 as profit.
Here is where the money from Rays of Belief's sales went in FY26, the latest full year it has reported.
- ₹87Costs of running the businessstaff, rent, marketing, power and everything else
- ₹1.9Interest on its loansthe cost of borrowed money
- ₹5.2Wear and tearmachines, stores and buildings losing value over time
- ₹6.1Profit it keepswhat is left for the company's owners
On the money its owners have put in
It earns ₹16 a year on every ₹100 its owners have invested.
That figure is called return on equity (ROE). Between ₹12 and ₹20 is a respectable return. For comparison, a bank fixed deposit pays roughly ₹6–7.
04Is the price high or low?
You pay ₹136 for every ₹1 of profit it makes in a year.
This is the P/E ratio: share price divided by a year's profit per share. A P/E of 136 means buyers are paying for about 136 years of today's profit up front.
The share price over the past year
It is 23% below its highest price of the past year and 21% above its lowest.
05Who owns it?
Its founders and parent group own 69 of every 100 shares — they control the company.
If the company were split into 100 equal shares, this is who would hold them. 6,207 people and institutions hold its shares.
As filed for the quarter ending 30 Sept 2026. Arrows show the change since the quarter before, in percentage points.
06What is going well, and what to watch
The figures raise more questions than they answer.
Picked out of the numbers above by fixed rules — the same rules for every company — so nothing here is somebody's opinion.
Going well
Nothing stands out in its favour in the figures we have.
Worth watching
- The share price is 136 times a year's profit, so it leans heavily on growth continuing.
07What happened lately?
Its latest quarter.
Apr–Jun 2026 is the most recent quarter it has reported. Each figure is compared with the same three months a year earlier, because many businesses sell more in some seasons than others.
Sales
₹25 Cr
Profit
₹2.8 Cr
No notable developments in the last few weeks.
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This page describes Rays of Belief using its reported figures and exchange data. It is for information only and is not investment advice or a recommendation to buy, sell or hold. DocStoX is not a SEBI-registered investment adviser or research analyst.
Rays of Belief Limited (MOMSBELIEF): company summary
Rays of Belief Limited (MOMSBELIEF) is a micro-cap Healthcare company valued at ₹529 crore operating in Hospital on the NSE and BSE.
Rays of Belief Limited (MOMSBELIEF) is a micro-cap Healthcare company valued at ₹529 crore operating in Hospital on the NSE and BSE.
- Recent price move
- Rays of Belief Limited last traded at ₹242.8, down 3.91% on the day.
- Financial performance
- Return on equity stands at 16.1%, a reasonable return on shareholder capital.
- Valuation multiples
- The stock trades at 136.4 times earnings, a premium to the Healthcare median of 32.0, 2.91 times book value.
Generated from DocStoX data. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
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