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 ₹ 79.0 Cr.
- Current Price ₹ 66.6
- High / Low ₹ 137 / 57.0
- Stock P/E 49.1
- Book Value ₹ 22.1
- Dividend Yield 1.47 %
- ROCE 14.0 %
- ROE 6.59 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is expected to give good quarter
- Debtor days have improved from 53.1 to 18.4 days.
Cons
- Stock is trading at 3.02 times its book value
- Company has a low return on equity of 4.57% over last 3 years.
- Promoter holding has decreased over last 3 years: -3.57%
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|
67.50 | 20.20 | 59.53 | 81.47 | |
64.72 | 19.12 | 57.73 | 77.90 | |
Operating Profit | 2.78 | 1.08 | 1.80 | 3.57 |
OPM % | 4.12% | 5.35% | 3.02% | 4.38% |
2.40 | 1.22 | 0.62 | 0.87 | |
Interest | 0.59 | 0.79 | 0.83 | 0.52 |
Depreciation | 0.52 | 0.43 | 0.37 | 0.35 |
Profit before tax | 4.07 | 1.08 | 1.22 | 3.57 |
Tax % | 41.03% | 39.81% | 66.39% | 59.38% |
2.41 | 0.64 | 0.41 | 1.45 | |
EPS in Rs | 2.99 | 0.57 | 0.47 | 1.32 |
Dividend Payout % | 0.00% | 0.00% | 42.15% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 6% |
TTM: | 37% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -13% |
TTM: | 124% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -19% |
3 Years: | -20% |
1 Year: | -37% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 5% |
Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|
Equity Capital | 2.30 | 3.25 | 11.38 | 11.38 |
Reserves | 8.03 | 20.08 | 12.39 | 13.71 |
2.16 | 9.42 | 10.50 | 4.78 | |
17.01 | 5.76 | 9.85 | 10.46 | |
Total Liabilities | 29.50 | 38.51 | 44.12 | 40.33 |
1.11 | 1.05 | 1.01 | 2.03 | |
CWIP | 0.00 | 0.16 | 0.49 | 0.00 |
Investments | 9.88 | 24.21 | 22.41 | 13.87 |
18.51 | 13.09 | 20.21 | 24.43 | |
Total Assets | 29.50 | 38.51 | 44.12 | 40.33 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|
-0.66 | -3.07 | 6.43 | -0.45 | |
0.01 | -13.50 | 1.80 | 9.30 | |
0.45 | 17.29 | -1.87 | -5.99 | |
Net Cash Flow | -0.21 | 0.72 | 6.36 | 2.86 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|
Debtor Days | 89.17 | 106.43 | 34.58 | 18.37 |
Inventory Days | 0.00 | 0.00 | 8.98 | 0.00 |
Days Payable | 51.17 | |||
Cash Conversion Cycle | 89.17 | 106.43 | -7.61 | 18.37 |
Working Capital Days | 2.97 | 66.86 | 3.37 | 4.66 |
ROCE % | 8.16% | 8.87% | 13.99% |
Documents
Announcements
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr
- Closure of Trading Window 28 Mar
-
Integrated Filing (Financial)
4 Mar - Board approved unaudited financial results for Q4 2024.
- Reg. 34 (1) Annual Report. 24 Feb
-
Revised Annual Report - 2023-24 (After Rectification Of Clerical Errors Such As Years Mention On Heading Of Profit And Loss Statement And Cash Flow Statement And Others)
18 Feb - Submission of 14th Annual Report for 2023-24.
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