Riddhi Display Equipments Ltd
Incorporated in 2006, Riddhi Display Equipments Limited is engaged in the business of manufacturing and supplying innovative solutions in the field of display equipment, like Display Counter, Kitchen Equipment, and Refrigeration Equipment.[1]
- Market Cap ₹ 24.6 Cr.
- Current Price ₹ 28.5
- High / Low ₹ 80.0 / 23.5
- Stock P/E 5.78
- Book Value ₹ 43.0
- Dividend Yield 0.00 %
- ROCE 20.2 %
- ROE 17.9 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.66 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.6%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 220 days.
- Working capital days have increased from 176 days to 363 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
Consumer Discretionary Consumer Durables Consumer Durables Houseware
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 15.30 | 17.53 | 18.86 | 25.03 | 29.10 | |
| 14.56 | 16.46 | 15.11 | 18.16 | 21.39 | |
| Operating Profit | 0.74 | 1.07 | 3.75 | 6.87 | 7.71 |
| OPM % | 4.84% | 6.10% | 19.88% | 27.45% | 26.49% |
| 0.07 | 0.01 | 0.02 | 0.06 | 0.01 | |
| Interest | 0.48 | 0.50 | 0.73 | 0.95 | 1.22 |
| Depreciation | 0.39 | 0.36 | 0.33 | 0.35 | 0.81 |
| Profit before tax | -0.06 | 0.22 | 2.71 | 5.63 | 5.69 |
| Tax % | 133.33% | 9.09% | 25.83% | 26.47% | 25.13% |
| -0.14 | 0.21 | 2.02 | 4.14 | 4.26 | |
| EPS in Rs | -3.11 | 4.67 | 44.89 | 6.71 | 4.93 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 18% |
| TTM: | 16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 173% |
| TTM: | 3% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 30% |
| 3 Years: | 32% |
| Last Year: | 18% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 0.45 | 0.45 | 0.45 | 6.17 | 8.64 |
| Reserves | 0.70 | 0.91 | 2.93 | 4.19 | 28.49 |
| 6.83 | 6.65 | 8.10 | 10.78 | 10.24 | |
| 7.17 | 9.00 | 7.67 | 11.21 | 12.34 | |
| Total Liabilities | 15.15 | 17.01 | 19.15 | 32.35 | 59.71 |
| 2.71 | 2.52 | 2.30 | 3.09 | 10.28 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 12.44 | 14.49 | 16.85 | 29.26 | 49.43 | |
| Total Assets | 15.15 | 17.01 | 19.15 | 32.35 | 59.71 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 0.73 | 1.16 | -0.27 | -1.04 | -14.88 | |
| -0.03 | -0.17 | -0.11 | -1.14 | -8.00 | |
| -0.67 | -0.87 | 0.75 | 1.98 | 22.82 | |
| Net Cash Flow | 0.03 | 0.11 | 0.37 | -0.20 | -0.06 |
| Free Cash Flow | 0.70 | 0.99 | -0.38 | -2.18 | -22.88 |
| CFO/OP | 100% | 109% | -7% | -4% | -175% |
Ratios
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 140.51 | 119.31 | 123.86 | 150.49 | 219.75 |
| Inventory Days | 164.29 | 187.49 | 251.99 | 337.29 | 434.99 |
| Days Payable | 126.13 | 148.31 | 104.73 | 172.05 | 164.67 |
| Cash Conversion Cycle | 178.67 | 158.50 | 271.12 | 315.74 | 490.08 |
| Working Capital Days | 62.50 | 39.77 | 36.96 | 126.72 | 363.37 |
| ROCE % | 9.01% | 35.40% | 40.34% | 20.17% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Capacity Utilization - CNC Bending Machine % |
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| Capacity Utilization - Laser Pipe Cutting Machine % |
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| Capacity Utilization - Laser Sheet Cutting Machine % |
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| Export Revenue Share % |
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| Kitchen Equipment Revenue Share % |
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| Revenue from Top 5 Customers % |
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| Total Production Volume MT |
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Extracted by Screener AI
Business Overview:[1]
RDE is a manufacturer of a wide range of Display Counters, Commercial Kitchen Equipment, and Commercial refrigeration equipment. It also provides customized solutions with a focus on after-sales services to clients from diverse sectors and industries.