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 ₹ 85.3 Cr.
- Current Price ₹ 71.9
- High / Low ₹ 83.0 / 56.2
- Stock P/E 51.4
- Book Value ₹ 22.1
- Dividend Yield 1.36 %
- 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
- Stock is trading at 3.25 times its book value
- Company has a low return on equity of 4.86% 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
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: | -15% |
3 Years: | -20% |
1 Year: | -11% |
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 | -59.35 | -16.71 |
ROCE % | 8.16% | 8.87% | 13.99% |
Documents
Announcements
-
15Th AGM Of Riddhi Corporate Services Limited
15h - AGM on 27 Sept 2025; proposed final dividend Rs0.49/share; Nehal Kargatia to be regularised as Executive Director.
-
Caproate Action - AGM And Dividend
15h - AGM on 27 Sep 2025; Final dividend Rs0.49; Nehal Kargatia appointed Executive Director; book closure 21–27 Sep.
- Reg. 34 (1) Annual Report. 15h
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Board Meeting Outcome for Outcome Of The Proceedings Of The Meeting Of The Board Of The Company Held On 04Th September, 2025 & Intimation Of Annual General Meeting, Book Closure, Cut-Off Date And Appointment Of Scrutinizer
16h - AGM on 27 Sep 2025; final dividend Rs.0.49/share; CEO Nehal Kargatia regularised as Executive Director; book closure 21-27 Sep.
-
Reg. 32 (1) And (3) Of Sebi LODR - Statement Of Deviation And Variation For Quarter Ended June 2025
13 Aug - No deviation in utilization of IPO and preferential issue proceeds as per SEBI Regulation 32.
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