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 ₹ 152 Cr.
- Current Price ₹ 39.7
- High / Low ₹ 79.8 / 34.0
- Stock P/E
- Book Value ₹ 63.8
- Dividend Yield 0.00 %
- ROCE 16.7 %
- ROE 12.9 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.62 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 -271 days to 73.0 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
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 36 | 49 | 111 | 328 | 605 | |
| 17 | 26 | 56 | 293 | 623 | |
| Operating Profit | 18 | 23 | 55 | 34 | -18 |
| OPM % | 52% | 47% | 50% | 11% | -3% |
| 7 | 5 | 0 | 0 | 13 | |
| Interest | 3 | 3 | 3 | 6 | 5 |
| Depreciation | 0 | 0 | 1 | 1 | 1 |
| Profit before tax | 22 | 25 | 51 | 28 | -10 |
| Tax % | 20% | 21% | 18% | 16% | |
| 18 | 19 | 42 | 24 | -9 | |
| EPS in Rs | 35.28 | 12.75 | 28.17 | 6.18 | -2.41 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 110% |
| TTM: | 197% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 10% |
| TTM: | -44% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -49% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 22% |
| Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 5 | 15 | 15 | 19 | 19 |
| Reserves | 71 | 80 | 124 | 207 | 225 |
| 15 | 10 | 40 | 0 | 5 | |
| 90 | 83 | 115 | 64 | 108 | |
| Total Liabilities | 181 | 188 | 294 | 291 | 357 |
| 1 | 2 | 2 | 2 | 3 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 72 | 98 | 131 | 0 | 0 |
| 107 | 88 | 161 | 288 | 355 | |
| Total Assets | 181 | 188 | 294 | 291 | 357 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -37 | -9 | 109 | -188 | |
| 76 | 1 | -97 | 140 | |
| -18 | -8 | -3 | 19 | |
| Net Cash Flow | 22 | -17 | 9 | -29 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 70 | 41 | 14 | 12 |
| Inventory Days | 160 | |||
| Days Payable | 90 | |||
| Cash Conversion Cycle | 70 | 41 | 14 | 82 |
| Working Capital Days | -819 | -542 | -345 | 73 |
| ROCE % | 29% | 38% | 17% |
Insights
In beta| Dec 2008 | Dec 2010 | Dec 2016 | Dec 2019 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Total Client Base Number |
|
||||||
| Commodities Segment Trading Volume INR Crores |
|||||||
| Currency Segment Trading Volume INR Crores |
|||||||
| Equity Cash Segment Trading Volume INR Crores |
|||||||
| F&O Segment Trading Volume INR Crores |
|||||||
| New Clients Added Number |
|||||||
| Proprietary Trading Revenue INR Crores |
|||||||
| Total Trading Volume INR Crores |
|||||||
| Average Revenue Per User (ARPU) INR |
|||||||
| Number of SME IPOs Market-Made Annually Number |
|||||||
Documents
Announcements
- Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011. 27 Feb
-
Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.
27 Feb - Promoter Deep Hitesh Lakhani pledged 10,03,320 shares (2.62%) to NU Investors Technologies Pvt Ltd on 23-Feb-2026.
- Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011. 27 Feb
- Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011. 27 Feb
- Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011. 27 Feb
Annual reports
Concalls
-
Nov 2025Transcript PPT REC
-
Oct 2025TranscriptAI SummaryPPT
-
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.