Richa Info Systems Ltd
Incorporated in 2010, Richa Info Systems Ltd provides assembling of products and digital solutions[1]
- Market Cap ₹ 21.4 Cr.
- Current Price ₹ 87.9
- High / Low ₹ 115 / 50.0
- Stock P/E 26.0
- Book Value ₹ 56.0
- Dividend Yield 0.00 %
- ROCE 10.0 %
- ROE 6.34 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 12.5% over last 3 years.
- Company's cost of borrowing seems high
* 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
Sector: IT - Hardware Industry: Computers - Hardware
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|
| 14.95 | 17.56 | 20.11 | 32.13 | 34.21 | 34.11 | |
| 14.48 | 16.75 | 18.72 | 30.21 | 30.62 | 30.69 | |
| Operating Profit | 0.47 | 0.81 | 1.39 | 1.92 | 3.59 | 3.42 |
| OPM % | 3.14% | 4.61% | 6.91% | 5.98% | 10.49% | 10.03% |
| 0.10 | 0.01 | 0.00 | 0.18 | 0.07 | 0.07 | |
| Interest | 0.08 | 0.20 | 0.30 | 0.66 | 1.67 | 1.86 |
| Depreciation | 0.20 | 0.15 | 0.11 | 0.09 | 0.78 | 0.53 |
| Profit before tax | 0.29 | 0.47 | 0.98 | 1.35 | 1.21 | 1.10 |
| Tax % | 31.03% | 29.79% | 26.53% | 20.00% | 33.06% | |
| 0.20 | 0.33 | 0.73 | 1.07 | 0.82 | 0.82 | |
| EPS in Rs | 200.00 | 330.00 | 730.00 | 4.40 | 3.37 | 3.37 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 25% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 35% |
| TTM: | -22% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -24% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 12% |
| Last Year: | 6% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 2.43 | 2.43 | 2.43 |
| Reserves | 0.34 | 0.68 | 1.41 | 10.10 | 10.92 | 11.18 |
| 0.96 | 2.69 | 4.65 | 15.30 | 16.21 | 7.34 | |
| 1.35 | 0.68 | 1.57 | 1.98 | 2.81 | 1.97 | |
| Total Liabilities | 2.66 | 4.06 | 7.64 | 29.81 | 32.37 | 22.92 |
| 0.44 | 0.32 | 0.23 | 0.48 | 12.30 | 3.29 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 2.22 | 3.74 | 7.41 | 29.33 | 20.07 | 19.63 | |
| Total Assets | 2.66 | 4.06 | 7.64 | 29.81 | 32.37 | 22.92 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| -0.20 | -1.59 | 1.13 | -17.22 | 9.39 | |
| -0.01 | -0.02 | -0.02 | -0.33 | -12.55 | |
| 0.30 | 1.55 | 0.62 | 20.07 | -0.75 | |
| Net Cash Flow | 0.09 | -0.05 | 1.74 | 2.51 | -3.91 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| Debtor Days | 34.42 | 34.50 | 54.45 | 107.01 | 98.27 |
| Inventory Days | 6.59 | 27.93 | 49.55 | 46.06 | 93.64 |
| Days Payable | 15.58 | 10.04 | 8.64 | 14.20 | 24.17 |
| Cash Conversion Cycle | 25.43 | 52.39 | 95.36 | 138.87 | 167.73 |
| Working Capital Days | 14.89 | 59.45 | 71.51 | 259.24 | 180.21 |
| ROCE % | 28.57% | 27.09% | 11.86% | 10.04% |
Business Overview:[1]
Company is in assembling products and systems Integrator of solutions of products like Interactive Flat Panel, Interactive Board, Digital Podium, Digital Kiosk, and CCTV Cameras for customers in sectors like Government, PSUs, Education, and Defense. Company provides service to Government organizations across India through Government e-Marketplace (GeM).