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 ₹ 187 Cr.
- Current Price ₹ 48.9
- 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 0.77 times its book value
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: | -17% |
| 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 |
| Free Cash Flow | -38 | -10 | 108 | -189 |
| CFO/OP | -172% | -24% | 206% | -535% |
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 | |
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| Total Client Base Number |
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| Currency Segment Trading Volume INR Crores |
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| Equity Cash Segment Trading Volume INR Crores |
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| F&O Segment Trading Volume INR Crores |
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| New Clients Added Number |
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| Proprietary Trading Revenue INR Crores |
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| Total Trading Volume INR Crores |
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| Average Revenue Per User (ARPU) INR |
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| Number of SME IPOs Market-Made Annually Number |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2d - Rescheduled H2 FY26 investor and analyst call on 29 May 2026 at 4:00 PM IST.
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Cancellation Of Conference Call With Investors And Analysts Scheduled To Be Held On Tuesday, May 19, 2026.
16 May - May 19, 2026 investor call cancelled after board meeting for FY26 results was adjourned.
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Intimation About Adjournment Of Board Meeting Of The Company
16 May - Audit committee quorum lacking; board meeting adjourned to May 23, 2026 for FY26 audited results.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
13 May - Conference Call with Investors and Analysts for half year ended 31st March, 2026
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Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.
11 May - Promoter R M Shah released pledge on 3,51,830 Rikhav Securities shares on 08.05.2026.
Annual reports
Concalls
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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.