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 ₹ 106 / 57.0
- Stock P/E 46.6
- Book Value ₹ 22.1
- Dividend Yield 1.55 %
- ROCE 14.0 %
- ROE 6.59 %
- 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
- Stock is trading at 2.86 times its book value
- Company has a low return on equity of 4.57% over last 3 years.
- 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
Sector: IT - Software Industry: Computers - Software - Medium / Small
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: | -13% |
TTM: | 124% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -20% |
3 Years: | -21% |
1 Year: | -39% |
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 |
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 | 3.37 | 4.66 |
ROCE % | 8.16% | 8.87% | 13.99% |
Documents
Announcements
-
Appointment Of Internal Auditor And Secretarial Auditor Of The Company
22 Apr - Board approved director re-appointment, auditor appointments, and scheduled EGM on May 16, 2025 for approvals.
- EGM And E-Voting Book Closure Intimation 22 Apr
-
Extra Ordinary General Meeting As On 16-05-2025
22 Apr - Board approved auditor appointments, director reappointment, and scheduled EGM on May 16, 2025.
-
Board Meeting Outcome for Outcome Of Board Meeting Held As On 22Nd April 2025
22 Apr - Board approved auditor appointments, director reappointment, and scheduled EGM on May 16, 2025.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr
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