Rays of Belief Limited (MOMSBELIEF)
Snapshot
Rays of Belief Limited closed at ₹251.36 on 4 Nov 2026. In the quarter ended June 2026, revenue grew 136.4% and net profit grew 616.1% from a year earlier. Data as of 4 Nov 2026.
Price
- Market Cap
- ₹525 Cr
Financials4 Nov 2026
- YoY qtr sales growth
- 136.4%
- YoY qtr profit growth
- 616.1%
Latest quarter Jun 2026 · Consolidated
OwnershipSep 2026
- Promoters
- 68.77%
- FIIs
- 2.40%
- DIIs
- 10.42%
Shareholding for the quarter ended September 2026; changes in percentage points.
Exchange activity4 Nov 2026
- Delivery
- 63.1% vs 36.34% average
- Volume vs its average
- 0.2×
- Bulk & block deals
- 56 in 60 days
- Price band
- 2 band closes in ~20 sessions
Events
- Latest results
- Q1 FY27, filed 28 Sep 2026
- Board meeting filing
- 28 Sep 2026
Exchange data. Each figure as its own page shows it; the dates are the data's. Information only, not investment advice.
📈 Share price & events
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Rays of Belief's revenue was ₹25.3 Cr (+136.4% year on year, +1.2% on the previous quarter), and net profit ₹2.8 Cr (against a loss a year earlier); the operating margin was 19.9%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹25.3 | +136.4% | +1.2% |
| Operating profit | ₹5.0 | +969.6% | +5.2% |
| Net profit | ₹2.8 | from loss | +16.6% |
| EPS (₹) | 1.78 | from loss | +16.3% |
| Operating margin | 19.9% | — | — |
MOMSBELIEF delivery percentage and bulk deals
NSE end-of-day data for
On Wed, 4 Nov 2026, 63.1% of the MOMSBELIEF shares traded on NSE were taken to delivery, against the stock's own 20-session average of 36.34%. The price rose 1.53% on that unusually high delivery, the pattern the delivery dashboard labels accumulation. Volume was 0.2 times its average, well below normal. It closed at a price band (circuit) on 2 sessions in about the last 20. 56 bulk or block deals were reported in MOMSBELIEF in the last 60 days: ₹144 Cr bought and ₹131 Cr sold.
Delivery in the last 5 sessions: 21.9% · 39.7% · 24.3% · 21.8% · 63.1%
| Date | Side | Counterparty | Value | Price | Quantity | Type |
|---|---|---|---|---|---|---|
| 3 Nov | Sell | Prognosis Securities Pvt. Ltd | ₹4.16 Cr | ₹252.10 | 164,991 | Bulk |
| 3 Nov | Sell | Vistaar Trading Service Private Limited | ₹2.90 Cr | ₹262.95 | 110,421 | Bulk |
| 3 Nov | Buy | Vistaar Trading Service Private Limited | ₹2.90 Cr | ₹262.47 | 110,421 | Bulk |
| 3 Nov | Buy | Prognosis Securities Pvt. Ltd | ₹2.04 Cr | ₹261.15 | 78,271 | Bulk |
| 22 Oct | Sell | Prognosis Securities Pvt. Ltd | ₹4.82 Cr | ₹264.03 | 182,530 | Bulk |
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Rays of Belief Limited (Mom's Belief) issued a press release detailing its unaudited financial results for Q1 FY27 (quarter ended June 30, 2026). Revenue from operations grew 136.45% YoY to ₹253.14 Mn (₹25.31 Cr). Operating EBITDA jumped 865.21% YoY to ₹50.77 Mn with EBITDA margins expanding 1,515 bps to 20.06%. The company achieved a turnaround to profitability with a net profit of ₹27.87 Mn (₹2.79 Cr), delivering an EPS of ₹1.78 for the quarter.
- Revenue from operations grew 136.45% YoY to ₹253.14 Mn
- EBITDA increased 865.21% YoY to ₹50.77 Mn, with margins expanding 1,515 bps to 20.06%
- Turnaround to net profitability with PAT of ₹27.87 Mn compared to a net loss in the base period
- Mom's Belief currently operates 136 child development and therapy centres across India
Rays of Belief Limited (Moms Belief) reported its Q1 FY27 results, showing consolidated revenue from operations jump 136.4% YoY to INR 253.14 million compared to INR 107.06 million in Q1 FY26. Consolidated profit after tax turned around to INR 27.87 million from a net loss of INR 5.37 million in the year-ago quarter. The company noted that its US subsidiary acquired 100% of City Pro Group Inc. effective September 18, 2026. Standalone revenue grew 27.3% YoY to INR 124.91 million with PAT of INR 14.19 million.
- Consolidated revenue from operations surged 136.4% YoY to INR 253.14 million from INR 107.06 million
- Consolidated PAT turned around to INR 27.87 million versus a loss of INR 5.37 million in Q1 FY26
- USA segment generated INR 128.23 million (50.66% of total revenue) compared to INR 8.96 million in Q1 FY26
- Wholly owned US subsidiary acquired 100% of City Pro Group Inc. effective September 18, 2026
Rays of Belief Limited (Mom's Belief) has completed the 100% acquisition of New York-based pediatric healthcare provider City Pro Group Inc. (CPG) through its US subsidiary, effective September 18, 2026. CPG generated revenue of US$11.43 million (~₹97.27 crore) in FY25, which exceeds Mom's Belief's own FY26 consolidated revenue of ₹81.66 crore (119% of standalone scale). The transaction significantly scales the company's footprint into the US early intervention market while complementing its existing network of 136 centres in India.
- 100% acquisition of New York-based City Pro Group Inc., effective September 18, 2026
- Target FY25 revenue stands at US$11.43 million (~₹97.27 Cr) vs acquirer FY26 consolidated revenue of ₹81.66 Cr
- Adds pediatric Early Intervention and special education operations across Bronx, Brooklyn, Manhattan, and Long Island
- Rays of Belief reported FY26 net profit of ₹4.96 Cr and EPS of ₹3.21 on ₹81.66 Cr revenue across 136 centres
Rays of Belief Limited announced that its wholly owned US subsidiary, Mom's Belief US Inc., has acquired 100% equity shareholding in City Pro Group Inc. for a cash consideration of USD 2,000,000. City Pro Group is a New York-based provider of pediatric early intervention and special education services, reporting a turnover of USD 11,432,394.52 for the fiscal year ended June 30, 2025. The transaction was completed with effect from September 18, 2026, without requiring further governmental or regulatory approvals. This acquisition aims to significantly expand the group's footprint in pediatric developmental services within the US market.
- Acquired 100% equity stake in City Pro Group Inc. for USD 2,000,000 in cash.
- City Pro Group reported turnover of USD 11,432,394.52 for the year ended June 30, 2025.
- Prior years' turnover stood at USD 11,406,380.82 (FY24) and USD 9,713,036.83 (FY23).
- Acquisition completed effective September 18, 2026, making City Pro Group a step-down wholly owned subsidiary.
Rays of Belief Limited has made an additional investment of USD 2,000,000 (approximately ₹19.19 crore) in its wholly owned subsidiary, Mom's Belief US Inc., via a rights issue at par value (USD 1 per share). The funding fulfills the objects outlined in the company's IPO prospectus dated September 08, 2026. Mom's Belief US Inc., which was incorporated in April 2025 and operates in allergy and immunology services, reported a turnover of USD 38,25,615 for FY 2025-26. Rays of Belief will continue to hold 100% shareholding in the entity following the transaction.
- Investment amount of USD 2,000,000 (approximately ₹19.19 Cr) through a rights issue
- Acquisition price at par value of USD 1 per share
- Mom's Belief US Inc. reported FY 2025-26 turnover of USD 38,25,615
- Shareholding remains unchanged at 100% post-investment
- Target entity was incorporated on April 04, 2025
Rays of Belief Limited has informed the exchanges that its trading window for dealing in company securities is closed effective September 10, 2026. The closure applies to all Designated Persons and their immediate relatives pursuant to SEBI PIT Regulations. It will remain in effect until 48 hours after the declaration of the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The date of the Board Meeting to consider and approve these results will be intimated in due course.
- Trading window closed with effect from September 10, 2026
- Applies until 48 hours after declaration of financial results
- Financial results pertain to the quarter ended June 30, 2026
- Board meeting date to approve the financial results to be announced in due course
Company profile
Financial Performance
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Operational Drivers
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Strategic Growth
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External Factors
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