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 ₹ 225 Cr.
- Current Price ₹ 58.8
- High / Low ₹ 172 / 57.9
- Stock P/E 9.52
- Book Value ₹ 59.2
- Dividend Yield 0.00 %
- ROCE 16.4 %
- ROE 13.0 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.99 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: -16.5%
- Contingent liabilities of Rs.120 Cr.
- Earnings include an other income of Rs.9.97 Cr.
- Working capital days have increased from -282 days to 75.3 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.
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 | |
|---|---|---|---|---|
| 36 | 49 | 104 | 318 | |
| 17 | 26 | 56 | 293 | |
| Operating Profit | 18 | 23 | 48 | 25 |
| OPM % | 52% | 47% | 46% | 8% |
| 7 | 5 | 7 | 10 | |
| Interest | 3 | 3 | 2 | 6 |
| Depreciation | 0 | 0 | 1 | 1 |
| Profit before tax | 22 | 25 | 52 | 28 |
| Tax % | 20% | 21% | 19% | 16% |
| 18 | 19 | 43 | 24 | |
| EPS in Rs | 35.28 | 12.75 | 28.47 | 6.18 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 108% |
| TTM: | 205% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 10% |
| TTM: | -45% |
| 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
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Equity Capital | 5 | 15 | 15 | 19 |
| Reserves | 71 | 80 | 123 | 207 |
| 15 | 10 | 48 | 0 | |
| 90 | 83 | 116 | 64 | |
| Total Liabilities | 181 | 188 | 302 | 291 |
| 1 | 2 | 2 | 2 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 72 | 98 | 132 | 0 |
| 107 | 88 | 168 | 288 | |
| Total Assets | 181 | 188 | 302 | 291 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -37 | -9 | 47 | -188 | |
| 76 | 1 | -68 | 140 | |
| -18 | -8 | 36 | 19 | |
| Net Cash Flow | 22 | -17 | 14 | -29 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 70 | 41 | 15 | 12 |
| Inventory Days | 160 | |||
| Days Payable | 90 | |||
| Cash Conversion Cycle | 70 | 41 | 15 | 83 |
| Working Capital Days | -819 | -542 | -380 | 75 |
| ROCE % | 29% | 38% | 16% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
1d - Rikhav Securities reports H2 FY25 results; INR33.88 Cr loss from investment reclassification impacts profits.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
15 May - Investor call audio for H1 FY25 performance available; no price sensitive info shared.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
15 May - Rikhav Securities reports FY25 net profit ₹23.67 Cr, income ₹327.77 Cr, notes ₹33.88 Cr valuation loss, plans expansion.
-
Board Meeting Outcome for Outcome Of Board Meeting
13 May - Approved FY25 audited results; appointed new internal and secretarial auditors; trading window closed.
- Financial Results For Financial Year Ended March 31, 2025 13 May
Annual reports
No data available.
Concalls
-
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.