Riddhi Corporate Services Ltd
Incorporated in 2010, Riddhi Corporate Services Ltd offers solutions under document management, inbound and outbound contact centre, data entry, software development, verification services and recruitment services[1]
- Market Cap ₹ 92.8 Cr.
- Current Price ₹ 78.2
- High / Low ₹ 201 / 73.0
- Stock P/E 18.1
- Book Value ₹ 47.2
- Dividend Yield 0.63 %
- ROCE 8.91 %
- ROE 9.80 %
- Face Value ₹ 10.0
Pros
- Company's median sales growth is 27.1% of last 10 years
Cons
- Company has low interest coverage ratio.
- Debtor days have increased from 54.4 to 77.5 days.
- Promoter holding has decreased over last 3 years: -3.20%
* 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 - Software Industry: Computers - Software - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
11 | 23 | 27 | 42 | 67 | 20 | 50 | 81 | 86 | 109 | 200 | 174 | |
10 | 20 | 23 | 36 | 65 | 19 | 47 | 77 | 82 | 94 | 162 | 144 | |
Operating Profit | 1 | 3 | 4 | 5 | 3 | 1 | 3 | 4 | 4 | 15 | 39 | 30 |
OPM % | 11% | 11% | 14% | 13% | 4% | 7% | 6% | 4% | 4% | 14% | 19% | 17% |
0 | 0 | 0 | 0 | 2 | 1 | 1 | -2 | 4 | 8 | 1 | 5 | |
Interest | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 1 | 4 | 9 | 8 |
Depreciation | 0 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 3 | 11 | 20 | 19 |
Profit before tax | 1 | 2 | 4 | 5 | 4 | 1 | 3 | 1 | 5 | 8 | 11 | 8 |
Tax % | 31% | 53% | 24% | 39% | 40% | 31% | 24% | 154% | 35% | 26% | 24% | 32% |
1 | 1 | 3 | 3 | 2 | 1 | 3 | -1 | 3 | 6 | 8 | 5 | |
EPS in Rs | 3.07 | 0.82 | 2.26 | -0.48 | 2.72 | 5.13 | 7.10 | 4.33 | ||||
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 9% | 0% | 0% | 10% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 22% |
5 Years: | 28% |
3 Years: | 27% |
TTM: | -13% |
Compounded Profit Growth | |
---|---|
10 Years: | 19% |
5 Years: | 9% |
3 Years: | 30% |
TTM: | -39% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | -22% |
1 Year: | -60% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 13% |
3 Years: | 16% |
Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0 | 0 | 0 | 0 | 2 | 3 | 11 | 11 | 11 | 11 | 12 | 12 |
Reserves | 1 | 2 | 5 | 8 | 8 | 20 | 14 | 14 | 17 | 23 | 37 | 44 |
0 | 2 | 1 | 2 | 3 | 6 | 4 | 5 | 8 | 141 | 125 | 110 | |
5 | 10 | 13 | 12 | 17 | 4 | 8 | 10 | 15 | 28 | 24 | 29 | |
Total Liabilities | 7 | 14 | 19 | 22 | 30 | 34 | 38 | 40 | 51 | 203 | 198 | 196 |
1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 9 | 140 | 120 | 104 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 9 | 11 | 24 | 22 | 14 | 21 | 24 | 35 | 36 |
6 | 13 | 18 | 11 | 18 | 10 | 15 | 24 | 21 | 39 | 43 | 55 | |
Total Assets | 7 | 14 | 19 | 22 | 30 | 34 | 38 | 40 | 51 | 203 | 198 | 196 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | 4 | 3 | 4 | 0 | -3 | 5 | -1 | 6 | 12 | -19 | 5 | |
-0 | -1 | -0 | -6 | -1 | -12 | 2 | 5 | -10 | -4 | -11 | -8 | |
0 | 1 | -0 | 0 | 0 | 15 | -2 | 0 | -2 | -10 | 30 | 3 | |
Net Cash Flow | 1 | 4 | 2 | -2 | -0 | 0 | 5 | 4 | -6 | -1 | 0 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 162 | 123 | 130 | 86 | 89 | 91 | 20 | 19 | 13 | 60 | 26 | 77 |
Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
Days Payable | ||||||||||||
Cash Conversion Cycle | 162 | 123 | 130 | 86 | 89 | 91 | 20 | 19 | 13 | 60 | 26 | 77 |
Working Capital Days | 7 | -27 | -30 | -21 | 2 | 62 | -1 | 5 | -11 | 28 | 33 | 58 |
ROCE % | 127% | 76% | 76% | 69% | 42% | 10% | 16% | 16% | 13% | 11% | 12% | 9% |
Business Overview:[1]
RCSL is a part of Riddhi Group. It is an ISO 9001:2015, ISO 27001:2013 & CMMi Level-3 certified company which provides solutions under Document Management, inbound and outbound Contact Centre, Data Entry, Software Development, Verification Services and Recruitment Services. It offers global logistics solutions for the transit needs of various companies and individuals