Rikhav Securities Ltd
Incorporated in 1995, Rikhav Securities Limited is a financial services company in India that offers brokerage, investing, and banking services.[1]
- Market Cap ₹ 253 Cr.
- Current Price ₹ 66.0
- High / Low ₹ 172 / 56.0
- Stock P/E
- Book Value ₹ 59.2
- Dividend Yield 0.00 %
- ROCE 16.9 %
- ROE 13.1 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 1.12 times its book value
- Promoter holding has increased by 3.76% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company's cost of borrowing seems high
- Working capital days have increased from -221 days to 71.5 days
* 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
Financial Services Financial Services Capital Markets Stockbroking & Allied
Part of BSE SME IPO
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 23 | 43 | 54 | 110 | 328 | 605 | |
| 15 | 18 | 25 | 55 | 293 | 622 | |
| Operating Profit | 8 | 25 | 28 | 55 | 35 | -18 |
| OPM % | 34% | 59% | 53% | 50% | 11% | -3% |
| 10 | 0 | 0 | 0 | 0 | 13 | |
| Interest | 4 | 3 | 4 | 3 | 6 | 5 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 |
| Profit before tax | 13 | 21 | 24 | 52 | 28 | -10 |
| Tax % | 29% | 19% | 17% | 18% | 15% | |
| 10 | 17 | 20 | 42 | 24 | -9 | |
| EPS in Rs | 19.16 | 34.82 | 13.48 | 28.28 | 6.25 | -2.35 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 97% |
| TTM: | 197% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 11% |
| TTM: | -44% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 22% |
| Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 5 | 15 | 15 | 19 | |
| Reserves | 71 | 81 | 123 | 207 | |
| 5 | 8 | 40 | 0 | ||
| 90 | 82 | 115 | 64 | ||
| Total Liabilities | 171 | 186 | 294 | 291 | |
| 1 | 2 | 2 | 2 | ||
| CWIP | 0 | 0 | 0 | 0 | |
| Investments | 74 | 100 | 133 | 2 | |
| 96 | 84 | 159 | 287 | ||
| Total Assets | 171 | 186 | 294 | 291 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 2 | -31 | 105 | -187 | ||
| 38 | 15 | -94 | 140 | ||
| -3 | 7 | -3 | 18 | ||
| Net Cash Flow | 37 | -9 | 8 | -29 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 55 | 33 | 12 | 11 | |
| Inventory Days | 160 | ||||
| Days Payable | 90 | ||||
| Cash Conversion Cycle | 55 | 33 | 12 | 81 | |
| Working Capital Days | -672 | -488 | -247 | 72 | |
| ROCE % | 30% | 39% | 17% |
Documents
Announcements
- Revised Standalone And Consolidated Financial Results For The Half Year Ended September 30, 2025 In Response To The Discrepancies Raised By Stock Exchange. 14h
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - H1 FY26 revenue ₹386.67 Cr, PAT ₹17.75 Cr; EBITDA ₹25.96 Cr; MTF book ~₹10 Cr.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1d - Audio of Nov 11, 2025 analyst call on H1 ended Sep 30, 2025 available; no UPSI shared.
-
Announcement under Regulation 30 (LODR)-Investor Presentation
2d - Investor Presentation for the half yearly results for the half year ended 30th September, 2025
-
Standalone And Consolidated Un-Audited Financial Results For The Half Year Ended 30Th September, 2025.
2d - Approved unaudited H1 results to Sep 30, 2025: income ₹38,667.06L; standalone PAT ₹1,785.53L.
Annual reports
Concalls
-
Nov 2025TranscriptNotesPPT REC
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Oct 2025TranscriptNotesPPT
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May 2025TranscriptPPT
Business Overview[1]
Rikhav Securities Limited (RSL), operates as a financial services provider. The company is registered with SEBI and holds memberships with major Indian exchanges such as BSE, NSE, and MCX. RSL offers services including equity broking, derivatives trading, currency trading, depository services, and IPO facilitation.