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 9.76
- Book Value ₹ 64.1
- Dividend Yield 0.00 %
- ROCE 13.0 %
- ROE 7.98 %
- 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 36 | 49 | 111 | 328 | 1,992 | |
| 17 | 26 | 56 | 292 | 1,959 | |
| Operating Profit | 18 | 23 | 55 | 35 | 32 |
| OPM % | 52% | 47% | 50% | 11% | 1.6% |
| 7 | 5 | 0 | 0 | 0 | |
| Interest | 3 | 3 | 3 | 7 | 5 |
| Depreciation | 0 | 0 | 1 | 1 | 1 |
| Profit before tax | 22 | 25 | 51 | 28 | 26 |
| Tax % | 20% | 21% | 18% | 16% | 27% |
| 18 | 19 | 42 | 24 | 19 | |
| EPS in Rs | 35.28 | 12.75 | 28.17 | 6.18 | 4.95 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 243% |
| TTM: | 508% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 0% |
| TTM: | -20% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -29% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 16% |
| Last Year: | 8% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 5 | 15 | 15 | 19 | 19 |
| Reserves | 71 | 80 | 124 | 207 | 226 |
| 15 | 10 | 40 | 0 | 9 | |
| 90 | 83 | 115 | 64 | 144 | |
| Total Liabilities | 181 | 188 | 294 | 291 | 398 |
| 1 | 2 | 2 | 2 | 7 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 72 | 98 | 131 | 0 | 0 |
| 107 | 88 | 161 | 288 | 391 | |
| Total Assets | 181 | 188 | 294 | 291 | 398 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| -37 | -9 | 109 | -185 | 65 | |
| 76 | 1 | -97 | 137 | -7 | |
| -18 | -8 | -3 | 18 | 3 | |
| Net Cash Flow | 22 | -17 | 9 | -29 | 61 |
| Free Cash Flow | -38 | -10 | 108 | -186 | 60 |
| CFO/OP | -172% | -24% | 206% | -513% | 226% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 70 | 41 | 14 | 12 | 3 |
| Inventory Days | 160 | 20 | |||
| Days Payable | 90 | 17 | |||
| Cash Conversion Cycle | 70 | 41 | 14 | 82 | 6 |
| Working Capital Days | -819 | -542 | -345 | 69 | 1 |
| ROCE % | 29% | 38% | 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
- 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
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Jun 2026Transcript PPT
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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 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.