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 ₹ 82.1 Cr.
- Current Price ₹ 69.2
- High / Low ₹ 83.0 / 56.2
- Stock P/E 6.18
- Book Value ₹ 58.0
- Dividend Yield 0.71 %
- ROCE 13.6 %
- ROE 21.6 %
- Face Value ₹ 10.0
Pros
- 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.14.0 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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
23 | 27 | 42 | 67 | 20 | 50 | 81 | 86 | 109 | 200 | 167 | 255 | 301 | |
20 | 23 | 36 | 65 | 19 | 47 | 77 | 82 | 94 | 162 | 137 | 226 | 274 | |
Operating Profit | 3 | 4 | 5 | 3 | 1 | 3 | 4 | 4 | 15 | 39 | 30 | 29 | 26 |
OPM % | 11% | 14% | 13% | 4% | 7% | 6% | 4% | 4% | 14% | 19% | 18% | 12% | 9% |
0 | 0 | 0 | 2 | 1 | 1 | -2 | 4 | 8 | 1 | 5 | 12 | 14 | |
Interest | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 1 | 4 | 9 | 8 | 7 | 7 |
Depreciation | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 3 | 11 | 20 | 19 | 19 | 19 |
Profit before tax | 2 | 4 | 5 | 4 | 1 | 3 | 1 | 5 | 8 | 11 | 8 | 15 | 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 | 13 | |
EPS in Rs | 3.07 | 0.82 | 2.26 | -0.48 | 2.72 | 5.13 | 7.10 | 4.33 | 11.42 | 11.19 | |||
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: | 59% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | 59% |
3 Years: | 29% |
TTM: | 163% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -16% |
3 Years: | -31% |
1 Year: | -8% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 16% |
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 | 0 | 0 |
13 | 18 | 11 | 18 | 10 | 15 | 24 | 21 | 39 | 43 | 91 | 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 | 22 | 37 | |
-1 | -0 | -6 | -1 | -12 | 2 | 5 | -10 | -4 | -11 | -8 | -9 | |
1 | -0 | 0 | 0 | 15 | -2 | 0 | -2 | -10 | 30 | -14 | -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 | 81 | 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 | 81 | 61 |
Working Capital Days | -27 | -30 | -21 | -1 | -43 | -30 | -17 | -37 | -48 | -16 | 51 | 28 |
ROCE % | 76% | 76% | 69% | 42% | 10% | 16% | 16% | 13% | 11% | 11% | 9% | 14% |
Documents
Announcements
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Fixes Record Date As 20Th September 2025
13 Sep - Record date 20 Sep 2025 for AGM (27 Sep); potential dividend ₹0.49/share for FY2024-25.
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RECORD DATE FOR DIVIDEND AND EVOTING - 20Th SEPTEMBER 2025
11 Sep - Board approved reports; AGM set 27 Sep 2025 11:00; book closure 21-27 Sep; e-vote cut-off 20 Sep; scrutinizer appointed.
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Announcement Pertaining To Outcome Of Board Meeting Of 04Th September 2025
6 Sep - Correction: Board meeting date is 04 Sep 2025; AGM 27 Sep 2025; books closed 21–27 Sep; e-voting cut-off 20 Sep.
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15Th AGM Of Riddhi Corporate Services Limited
4 Sep - AGM on 27 Sept 2025; proposed final dividend Rs0.49/share; Nehal Kargatia to be regularised as Executive Director.
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Caproate Action - AGM And Dividend
4 Sep - AGM on 27 Sep 2025; Final dividend Rs0.49; Nehal Kargatia appointed Executive Director; book closure 21–27 Sep.
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