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 ₹ 66.4 Cr.
- Current Price ₹ 56.0
- High / Low ₹ 83.0 / 50.8
- Stock P/E 40.0
- Book Value ₹ 22.1
- Dividend Yield 0.89 %
- ROCE 14.0 %
- ROE 6.79 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is expected to give good quarter
- Debtor days have improved from 53.1 to 18.4 days.
Cons
- Company has a low return on equity of 4.86% over last 3 years.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
|---|---|---|---|---|
| 67.50 | 20.20 | 59.53 | 81.47 | |
| 64.72 | 19.12 | 57.73 | 77.90 | |
| Operating Profit | 2.78 | 1.08 | 1.80 | 3.57 |
| OPM % | 4.12% | 5.35% | 3.02% | 4.38% |
| 2.40 | 1.22 | 0.62 | 0.87 | |
| Interest | 0.59 | 0.79 | 0.83 | 0.52 |
| Depreciation | 0.52 | 0.43 | 0.37 | 0.35 |
| Profit before tax | 4.07 | 1.08 | 1.22 | 3.57 |
| Tax % | 41.03% | 39.81% | 66.39% | 59.38% |
| 2.41 | 0.64 | 0.41 | 1.45 | |
| EPS in Rs | 2.99 | 0.57 | 0.47 | 1.32 |
| Dividend Payout % | 0.00% | 0.00% | 42.15% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 6% |
| TTM: | 37% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -12% |
| TTM: | 95% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -21% |
| 3 Years: | -38% |
| 1 Year: | -21% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 5% |
| Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
|---|---|---|---|---|
| Equity Capital | 2.30 | 3.25 | 11.38 | 11.38 |
| Reserves | 8.03 | 20.08 | 12.39 | 13.71 |
| 2.16 | 9.42 | 10.50 | 4.78 | |
| 17.01 | 5.76 | 9.85 | 10.46 | |
| Total Liabilities | 29.50 | 38.51 | 44.12 | 40.33 |
| 1.11 | 1.05 | 1.01 | 2.03 | |
| CWIP | 0.00 | 0.16 | 0.49 | 0.00 |
| Investments | 9.88 | 24.21 | 22.41 | 13.87 |
| 18.51 | 13.09 | 20.21 | 24.43 | |
| Total Assets | 29.50 | 38.51 | 44.12 | 40.33 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
|---|---|---|---|---|
| -0.66 | -3.07 | 6.43 | -0.45 | |
| 0.01 | -13.50 | 1.80 | 9.30 | |
| 0.45 | 17.29 | -1.87 | -5.99 | |
| Net Cash Flow | -0.21 | 0.72 | 6.36 | 2.86 |
| Free Cash Flow | -0.85 | -3.56 | 5.75 | -1.39 |
| CFO/OP | 37% | -246% | 401% | 16% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
|---|---|---|---|---|
| Debtor Days | 89.17 | 106.43 | 34.58 | 18.37 |
| Inventory Days | 0.00 | 0.00 | 8.98 | 0.00 |
| Days Payable | 51.17 | |||
| Cash Conversion Cycle | 89.17 | 106.43 | -7.61 | 18.37 |
| Working Capital Days | 2.97 | 66.86 | -59.35 | -16.71 |
| ROCE % | 8.16% | 8.87% | 13.99% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Number of Permanent Employees Number ・Standalone data |
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| Distribution Reach (Villages Covered) Number ・Standalone data |
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| Lease Liability (Proxy for Warehouse/Infrastructure scale) Rs. Lakhs ・Standalone data |
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| Vehicle Fleet Size Number ・Standalone data |
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| Median Employee Remuneration Rs. per month ・Standalone data |
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| Customer Concentration (Top 10 Clients) % ・Standalone data |
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Documents
Announcements
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 15h
- Closure of Trading Window 1d
-
Statement Of Deviation & Variation_Voluntary Submission
13 Mar - Riddhi Corporate Services: full utilization of Rs70,356,000 preferential issue proceeds by Feb 27, 2026; no deviation.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
28 Feb - Find attached the newspaper publication w.r.t the postal ballot notice as well as the proposed change in the Objects of the proceed of the public …
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 27 Feb
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