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 ₹ 180 Cr.
- Current Price ₹ 47.0
- High / Low ₹ 79.8 / 34.0
- Stock P/E 9.45
- Book Value ₹ 64.1
- Dividend Yield 0.00 %
- ROCE 13.1 %
- ROE 8.07 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Stock is trading at 0.73 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: -0.51%
- Earnings include an other income of Rs.15.6 Cr.
* 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 | 1,976 | |
| 15 | 18 | 25 | 55 | 293 | 1,959 | |
| Operating Profit | 8 | 25 | 28 | 55 | 35 | 17 |
| OPM % | 34% | 59% | 53% | 50% | 11% | 0.9% |
| 10 | 0 | 0 | 0 | 0 | 16 | |
| Interest | 4 | 3 | 4 | 3 | 6 | 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: | 233% |
| TTM: | 503% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | -2% |
| TTM: | -20% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -36% |
| 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 | 8 | ||
| 90 | 82 | 115 | 64 | 145 | ||
| 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 | -187 | 65 | ||
| 38 | 15 | -94 | 140 | -7 | ||
| -3 | 7 | -3 | 18 | 2 | ||
| Net Cash Flow | 37 | -9 | 8 | -29 | 61 | |
| Free Cash Flow | 1 | -29 | 104 | -188 | 60 | |
| CFO/OP | 30% | -109% | 198% | -526% | 432% |
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 | 72 | 10 | |
| ROCE % | 30% | 39% | 17% | 13% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| ARPU (Average Revenue Per User) INR |
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| New Clients Added clients |
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| Total Client Base clients |
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| Total Trading Volume INR Cr |
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| Active Depository Clients clients |
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| SME IPOs Market Made IPOs |
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Extracted by Screener AI
Documents
Announcements
-
Submission Of Recommendation Of The Committee Of Independent Directors In Respect Of Open Offer
22 Jul - Independent directors’ recommendation published for open offer to acquire up to 99,55,920 Rikhav Securities shares.
-
Letter of Offer
20 Jul - Sobhagya Capital issued LOO for open offer to acquire 99,55,920 Rikhav Securities shares at ₹47.75, closing August 6, 2026.
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Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.
15 Jul - Promoter group released pledged shares of Rikhav Securities on 15 July 2026.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Jul - Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018, for the quarter ended June 30, 2026.
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 2 Jun
Annual reports
Concalls
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Jun 2026TranscriptPPT
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Nov 2025Transcript PPT REC
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Oct 2025TranscriptAI SummaryPPT
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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.