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Riddhi Corp. Service

₹98.5 2 | 2%

Market Cap ₹117 Cr.

Stock P/E 16.7

P/B 2.1

Current Price ₹98.5

Book Value ₹ 46.9

Face Value 10

52W High ₹278.1

Dividend Yield 0%

52W Low ₹ 86

Riddhi Corp. Service Research see more...

Overview Inc. Year: 2010Industry: BPO/ITeS

Riddhi Corporate Services Ltd is a dynamic and reputable company that specializes in providing comprehensive corporate solutions. With a strong focus on meeting the diverse needs of businesses, Riddhi Corporate Services offers a wide range of services tailored to facilitate smooth operations and enhance overall efficiency. The company offers expert guidance and assistance in various areas, including company formation, legal compliance, corporate governance, tax planning, and accounting services. Riddhi Corporate Services prides itself on its team of highly skilled professionals who possess extensive knowledge and experience in their respective fields. By leveraging their expertise, Riddhi Corporate Services assists clients in navigating complex regulatory frameworks and ensures compliance with legal requirements. The company's commitment to delivering reliable, cost-effective, and timely solutions has earned them a reputation for excellence among their clientele. Riddhi Corporate Services Ltd is dedicated to supporting businesses of all sizes and sectors, enabling them to focus on their core operations while leaving the complexities of corporate administration in capable hands.

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Riddhi Corp. Service Share Price

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Peer Comparison

Riddhi Corp. Service Quarterly Results

#(Fig in Cr.) Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Jun 2023 Sep 2023 Dec 2023
Net Sales 16 23 32 37 43 49 57 47 44 30
Other Income 2 3 0 2 0 1 0 1 1 1
Total Income 18 27 33 39 43 50 57 48 46 31
Total Expenditure 16 24 25 30 34 40 46 39 37 23
Operating Profit 2 3 8 9 9 10 11 9 8 8
Interest 0 0 1 2 2 2 2 2 2 2
Depreciation 1 1 4 5 5 5 5 5 5 5
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 1 2 3 2 1 3 3 2 1 2
Provision for Tax 0 1 1 0 0 1 1 1 0 1
Profit After Tax 1 1 2 2 1 2 3 2 1 2
Adjustments 0 0 0 -0 0 -0 0 0 -0 0
Profit After Adjustments 1 1 2 2 1 2 3 2 1 2
Adjusted Earnings Per Share 0.8 0.9 1.9 1.5 1 2 2.3 1.4 0.9 1.3

Riddhi Corp. Service Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 11 23 27 42 67 20 50 81 86 109 200 178
Other Income 0 0 0 0 2 1 2 1 4 17 7 3
Total Income 11 23 28 42 70 21 52 82 90 126 207 182
Total Expenditure 10 20 23 36 65 19 48 77 82 103 167 145
Operating Profit 1 3 4 6 5 2 4 5 8 23 40 36
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 20
Exceptional Income / Expenses 0 0 0 0 0 0 0 -3 0 0 0 0
Profit Before Tax 1 2 4 5 4 1 3 1 5 8 11 8
Provision for Tax 0 1 1 2 2 0 1 2 2 2 3 3
Profit After Tax 1 1 3 3 2 1 3 -1 3 6 8 8
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 1 1 3 3 2 1 3 -1 3 6 8 8
Adjusted Earnings Per Share 0 0 0 0 0 0.8 2.3 -0.5 2.7 5.1 7.1 5.9

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 83% 35% 58% 34%
Operating Profit CAGR 74% 100% 82% 45%
PAT CAGR 33% 0% 52% 23%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -62% -16% 10% NA%
ROE Average 20% 17% 12% 36%
ROCE Average 40% 30% 21% 46%

Riddhi Corp. Service Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 1 2 5 8 10 24 26 25 28 34 51
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 2 1 2 2 6 0 0 0 0 0
Other Non-Current Liabilities -0 0 -0 -0 -0 -0 1 2 3 119 99
Total Current Liabilities 5 10 13 12 17 5 11 13 20 50 47
Total Liabilities 7 14 19 22 30 34 38 40 51 203 198
Fixed Assets 1 1 1 1 1 1 1 2 9 140 120
Other Non-Current Assets 0 0 1 1 1 1 24 18 27 24 37
Total Current Assets 6 13 18 20 28 32 13 20 15 38 41
Total Assets 7 14 19 22 30 34 38 40 51 203 198

Riddhi Corp. Service Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 0 1 4 2 1 0 1 6 10 4 3
Cash Flow from Operating Activities 1 4 3 4 0 -3 5 -1 6 12 -19
Cash Flow from Investing Activities -0 -1 -0 -6 -1 -12 2 5 -10 -4 -11
Cash Flow from Financing Activities 0 1 -0 0 0 15 -2 0 -2 -10 30
Net Cash Inflow / Outflow 1 4 2 -2 -0 0 5 4 -6 -1 0
Closing Cash & Cash Equivalent 1 4 7 1 0 1 6 10 4 3 3

Riddhi Corp. Service Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 0 0 0 0 0 0.82 2.26 -0.48 2.72 5.14 7.1
CEPS(Rs) 1.23 2.13 3.91 4.49 3.74 1.14 2.5 -0.23 5.03 14.86 23.93
DPS(Rs) 0 0 0 0 0 0.2 0.2 0 0 0.49 0
Book NAV/Share(Rs) 0 0 0 0 0 20.82 22.54 22.06 24.75 29.89 41.16
Core EBITDA Margin(%) 10.63 11.39 13.49 13.09 4.28 6.7 4.56 4.23 4.37 4.94 16.69
EBIT Margin(%) 11.77 8.62 13.7 13 7.03 10.25 7.76 1.62 6.37 10.55 10
Pre Tax Margin(%) 11.45 8.25 13.29 12.17 6.16 6.85 6.75 1.26 5.59 7.21 5.53
PAT Margin (%) 7.93 3.93 10.08 7.46 3.69 4.69 5.12 -0.68 3.62 5.38 4.21
Cash Profit Margin (%) 9.01 7.47 11.6 8.64 4.46 6.47 5.66 -0.32 6.68 15.55 14.19
ROA(%) 20.11 8.73 16.46 15.23 9.63 2.93 7.18 -1.41 6.77 4.61 4.2
ROE(%) 120.71 56.17 79.77 49.14 27.23 5.5 10.43 -2.16 11.62 18.81 20.33
ROCE(%) 126.71 76.07 76.04 68.65 41.73 9.54 13.09 4.38 17.43 31.7 40.31
Receivable days 108.17 100.16 116.87 85.05 71.18 195.98 27.85 15.37 15.2 35.08 29.2
Inventory Days 0 0 0 0 0 0 0 0 0 0 0
Payable days 0 0 0 0 0 0 0 0 0 0 0
PER(x) 0 0 0 0 0 57.07 27.41 0 60.69 26.28 31.01
Price/Book(x) 0 0 0 0 0 2.26 2.75 8.68 6.67 4.52 5.34
Dividend Yield(%) 0 0 0 0 0 0.12 0.32 0 0 0.36 0
EV/Net Sales(x) -0.02 -0.12 -0.2 0.03 0.07 2.95 1.37 2.63 2.2 1.44 1.33
EV/Core EBITDA(x) -0.17 -1 -1.29 0.21 0.89 24.56 16.48 43.28 23.31 6.95 6.65
Net Sales Growth(%) 129.58 109.17 17.96 54.16 61.42 -70.4 151.65 60.41 6.11 27.09 84.13
EBIT Growth(%) 247.37 53.23 87.37 46.28 -12.64 -56.85 90.5 -66.54 317.39 110.62 74.53
PAT Growth(%) 238.29 3.77 202.35 14.15 -20.11 -62.39 174.46 -121.29 664.65 88.99 44.07
EPS Growth(%) 0 0 0 0 0 0 174.44 -121.29 664.61 88.99 38.1
Debt/Equity(x) 0.37 0.76 0.28 0.23 0.26 0.26 0.16 0.19 0.16 0.17 0.17
Current Ratio(x) 1.18 1.26 1.34 1.61 1.61 6.86 1.15 1.49 0.77 0.77 0.88
Quick Ratio(x) 1.18 1.26 1.34 1.61 1.61 6.86 1.15 1.49 0.77 0.77 0.88
Interest Cover(x) 36.85 22.92 33.7 15.73 8.02 3.01 7.67 4.48 8.21 3.16 2.24
Total Debt/Mcap(x) 0 0 0 0 0 0.12 0.06 0.02 0.02 0.04 0.03

Riddhi Corp. Service Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 71.85 71.85 71.85 71.23 71.23 71.23 68.28 68.28 68.28 68.28
FII 0 0 0 0 1.32 1.32 1.26 1.26 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 28.15 28.15 28.15 28.77 27.45 27.45 30.46 30.46 31.72 31.72
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has delivered good profit growth of 51% CAGR over last 5 years
  • Company is almost debt free.

Cons

* 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.

Riddhi Corp. Service News

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