Riddhi Corporate Services Ltd
Incorporated in 2010, Riddhi Corporate Services Ltd offers solutions under document management, inbound and outbound contact centre, data entry, software development, verification services and recruitment services[1]
- Market Cap ₹ 75.0 Cr.
- Current Price ₹ 63.2
- High / Low ₹ 98.3 / 56.2
- Stock P/E 5.54
- Book Value ₹ 58.0
- Dividend Yield 1.55 %
- ROCE 13.7 %
- ROE 21.7 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.09 times its book value
- Company is expected to give good quarter
- Company has delivered good profit growth of 58.8% CAGR over last 5 years
Cons
- Tax rate seems low
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.11.6 Cr.
- Promoter holding has decreased over last 3 years: -3.57%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Information Technology Information Technology IT - Services IT Enabled Services
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
23 | 27 | 42 | 67 | 20 | 50 | 81 | 86 | 109 | 200 | 174 | 255 | |
20 | 23 | 36 | 65 | 19 | 47 | 77 | 82 | 94 | 162 | 144 | 226 | |
Operating Profit | 3 | 4 | 5 | 3 | 1 | 3 | 4 | 4 | 15 | 39 | 30 | 29 |
OPM % | 11% | 14% | 13% | 4% | 7% | 6% | 4% | 4% | 14% | 19% | 17% | 12% |
0 | 0 | 0 | 2 | 1 | 1 | -2 | 4 | 8 | 1 | 5 | 12 | |
Interest | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 1 | 4 | 9 | 8 | 7 |
Depreciation | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 3 | 11 | 20 | 19 | 19 |
Profit before tax | 2 | 4 | 5 | 4 | 1 | 3 | 1 | 5 | 8 | 11 | 8 | 15 |
Tax % | 53% | 24% | 39% | 40% | 31% | 24% | 154% | 35% | 26% | 24% | 32% | 12% |
1 | 3 | 3 | 2 | 1 | 3 | -1 | 3 | 6 | 8 | 5 | 14 | |
EPS in Rs | 3.07 | 0.82 | 2.26 | -0.48 | 2.72 | 5.13 | 7.10 | 4.33 | 11.41 | |||
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 9% | 0% | 0% | 10% | 0% | 11% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 25% |
5 Years: | 26% |
3 Years: | 33% |
TTM: | 47% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | 59% |
3 Years: | 29% |
TTM: | 164% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -20% |
3 Years: | -21% |
1 Year: | -25% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 17% |
3 Years: | 17% |
Last Year: | 22% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.01 | 0.01 | 0.01 | 2 | 3 | 11 | 11 | 11 | 11 | 12 | 12 | 12 |
Reserves | 2 | 5 | 8 | 8 | 20 | 14 | 14 | 17 | 23 | 40 | 44 | 57 |
2 | 1 | 2 | 3 | 6 | 4 | 5 | 8 | 141 | 125 | 110 | 94 | |
10 | 13 | 12 | 17 | 4 | 8 | 10 | 15 | 28 | 21 | 29 | 31 | |
Total Liabilities | 14 | 19 | 22 | 30 | 34 | 38 | 40 | 51 | 203 | 198 | 196 | 194 |
1 | 1 | 1 | 1 | 1 | 1 | 2 | 9 | 140 | 120 | 104 | 97 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 9 | 11 | 24 | 22 | 14 | 21 | 24 | 35 | 36 | 0 |
13 | 18 | 11 | 18 | 10 | 15 | 24 | 21 | 39 | 43 | 55 | 96 | |
Total Assets | 14 | 19 | 22 | 30 | 34 | 38 | 40 | 51 | 203 | 198 | 196 | 194 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4 | 3 | 4 | 0 | -3 | 5 | -1 | 6 | 12 | -19 | 5 | 37 | |
-1 | -0 | -6 | -1 | -12 | 2 | 5 | -10 | -4 | -11 | -8 | -9 | |
1 | -0 | 0 | 0 | 15 | -2 | 0 | -2 | -10 | 30 | 3 | -23 | |
Net Cash Flow | 4 | 2 | -2 | -0 | 0 | 5 | 4 | -6 | -1 | 0 | -0 | 5 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 123 | 130 | 86 | 89 | 91 | 20 | 19 | 13 | 60 | 26 | 77 | 61 |
Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Days Payable | ||||||||||||
Cash Conversion Cycle | 123 | 130 | 86 | 89 | 91 | 20 | 19 | 13 | 60 | 26 | 77 | 61 |
Working Capital Days | -27 | -30 | -21 | 2 | 62 | -1 | 5 | -11 | 28 | 33 | 58 | 57 |
ROCE % | 76% | 76% | 69% | 42% | 10% | 16% | 16% | 13% | 11% | 11% | 9% | 14% |
Documents
Announcements
-
Corporate Action-Board to consider Dividend
30 May - Approved audited FY25 results; final dividend Rs.0.49/share recommended; unmodified auditor opinion.
-
Board Meeting Outcome for OUTCOME OF THE BOARD MEETING HELD ON 30Th MAY 2025
30 May - Audited FY25 results approved; final dividend Rs.0.49/share recommended for shareholder approval.
-
Statement Of Deviation And/Or Variation In Utilization Of Public Issue Proceeds Pursuant To Regulation 32 Of SEBI (Listing Obligations And Disclosures Requirements) Regulation 2015
30 May - No deviation in utilization of IPO and preferential issue proceeds as per SEBI regulation.
-
RESULTS FOR YEAR ENDED 31St MARCH 2025
30 May - Audited FY25 results approved; final dividend Rs.0.49/share recommended; unmodified audit opinion.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Annual Secretarial Compliance Report submitted for FY ended March 31, 2025.
Business Overview:[1]
RCSL is a part of Riddhi Group. It is an ISO 9001:2015, ISO 27001:2013 & CMMi Level-3 certified company which provides solutions under Document Management, inbound and outbound Contact Centre, Data Entry, Software Development, Verification Services and Recruitment Services. It offers global logistics solutions for the transit needs of various companies and individuals