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 ₹ 184 Cr.
- Current Price ₹ 48.0
- High / Low ₹ 77.5 / 34.0
- Stock P/E 9.67
- Book Value ₹ 64.1
- Dividend Yield 0.00 %
- ROCE 13.1 %
- ROE 8.05 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Stock is trading at 0.75 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -0.50%
* 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
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 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 23 | 43 | 54 | 110 | 328 | 1,992 | |
| 15 | 18 | 25 | 55 | 292 | 1,959 | |
| Operating Profit | 8 | 25 | 28 | 55 | 36 | 33 |
| OPM % | 34% | 59% | 53% | 50% | 11% | 1.6% |
| 10 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 4 | 3 | 4 | 3 | 7 | 5 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 |
| Profit before tax | 13 | 21 | 24 | 52 | 28 | 26 |
| Tax % | 29% | 19% | 17% | 18% | 15% | 27% |
| 10 | 17 | 20 | 42 | 24 | 19 | |
| EPS in Rs | 19.16 | 34.82 | 13.48 | 28.28 | 6.25 | 4.97 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 144% |
| 3 Years: | 234% |
| TTM: | 507% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | -2% |
| TTM: | -21% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -29% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 16% |
| Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 5 | 15 | 15 | 19 | 19 | |
| Reserves | 71 | 81 | 123 | 207 | 226 | |
| 5 | 8 | 40 | 0 | 9 | ||
| 90 | 82 | 115 | 64 | 144 | ||
| Total Liabilities | 171 | 186 | 294 | 291 | 398 | |
| 1 | 2 | 2 | 2 | 7 | ||
| CWIP | 0 | 0 | 0 | 0 | 0 | |
| Investments | 74 | 100 | 133 | 2 | 2 | |
| 96 | 84 | 159 | 287 | 390 | ||
| Total Assets | 171 | 186 | 294 | 291 | 398 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 2 | -31 | 105 | -184 | 65 | ||
| 38 | 15 | -94 | 137 | -7 | ||
| -3 | 7 | -3 | 18 | 2 | ||
| Net Cash Flow | 37 | -9 | 8 | -29 | 61 | |
| Free Cash Flow | 1 | -29 | 104 | -185 | 60 | |
| CFO/OP | 30% | -109% | 198% | -506% | 226% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 55 | 33 | 12 | 11 | 3 | |
| Inventory Days | 160 | 20 | ||||
| Days Payable | 90 | 17 | ||||
| Cash Conversion Cycle | 55 | 33 | 12 | 81 | 6 | |
| Working Capital Days | -672 | -488 | -247 | 68 | 1 | |
| ROCE % | 30% | 39% | 17% | 13% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| ARPU (Average Revenue Per User) INR |
|
|||
| New Clients Added clients |
||||
| Total Client Base clients |
||||
| Total Trading Volume INR Cr |
||||
| Active Depository Clients clients |
||||
| SME IPOs Market Made IPOs |
||||
Extracted by Screener AI
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
- Notice Of 31St Annual General Meeting To Be Held On 22.09.2026
Concalls
-
Jun 2026Transcript PPT
-
Nov 2025Transcript PPT REC
-
Oct 2025TranscriptAI SummaryPPT
-
May 2025TranscriptPPT
Business Overview[1]
Rikhav Securities provides stock broking, market making and proprietary trading services across major Indian exchanges. Its offerings include equity and derivatives broking, IPO market making, algorithm-driven proprietary trading and Margin Trading Facility. The Company follows a personalised, client-centric approach supported by competitive brokerage, relationship management and technology-enabled services.