MarketFriction

Riddhi Corporate Services Ltd

BSE 540590 · IT Enabled Services
₹54.49 -4.40%
BSE close2026-10-01
Market cap₹67.6 Cr.
P/E8.13

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales44.3730.3252.0962.1166.4759.6867.42107.11133.55135.26137.5052.05
Expenses37.4522.5145.4954.6159.0353.2159.43102.58128.31129.17134.0649.29
Operating Profit6.927.816.607.507.446.477.994.535.246.093.442.76
OPM %15.60%25.76%12.67%12.08%11.19%10.84%11.85%4.23%3.92%4.50%2.50%5.30%
Other Income1.490.681.520.870.807.092.893.234.330.900.990.55
Interest1.981.851.861.811.771.771.681.731.410.720.840.74
Depreciation5.054.504.474.464.444.515.144.563.962.332.112.03
Profit before tax1.382.141.792.102.037.284.061.474.203.941.480.54
Tax %25.36%25.23%53.07%24.76%24.63%-10.85%41.87%10.20%25.95%27.41%-29.73%18.52%
Net Profit1.031.600.831.591.538.062.371.323.112.861.920.44
EPS in Rs0.871.350.701.341.296.792.001.112.622.411.620.37
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales426720508186109200167255513458
Expenses36651947778294162137226494441
Operating Profit531344153930291918
OPM %13%4.3%7%6%4.4%4.5%14%19%18%12%3.8%3.8%
Other Income0211-248151297
Interest011101498754
Depreciation010003112019191310
Profit before tax5413158118151110
Tax %39%40%31%24%154%35%26%24%32%12%17%
Net Profit3213-136851498
EPS in Rs3.070.822.26-0.482.725.137.104.3311.427.767.02
Dividend Payout %0%0%0%9%0%0%10%0%11%0%6%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth29%43%37%52%
Compounded Profit Growth11%31%3%-37%
Stock Price CAGR%-20%-32%-19%
Return on Equity14%16%15%13%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.010.01231111111112121212
Reserves588201414172340445765
Borrowings12364581411251109433
Other Liabilities1312174810152821293167
Total Liabilities19223034384051203198196194176
Fixed Assets11111291401201049741
CWIP000000000000
Investments0911242214212435000
Other Assets1811181015242139439196134
Total Assets19223034384051203198196194176
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity340-35-1612-19223724
Cash from Investing Activity-0-6-1-1225-10-4-11-8-946
Cash from Financing Activity-00015-20-2-1030-14-23-61
Net Cash Flow2-2-0054-6-10-058
Free Cash Flow23-0-35-2010-19192867
CFO/OP95%98%63%-160%210%6%141%105%-40%80%139%140%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1308689912019136026816132
Inventory Days00000000000
Days Payable
Cash Conversion Cycle1308689912019136026816132
Working Capital Days-30-21-1-43-30-17-37-48-16512834
ROCE %76%69%42%10%16%16%13%11%11%9%14%12%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters68.28%68.28%68.28%68.28%68.28%68.28%68.28%68.28%68.28%68.28%68.28%68.28%
FIIs1.26%0.00%0.00%0.00%1.18%1.18%1.18%1.18%1.60%1.60%1.60%1.60%
Public30.46%31.73%31.74%31.72%30.55%30.54%30.55%30.55%30.13%30.13%30.12%30.12%
No. of Shareholders1,0861,5231,6592,1322,5622,7542,9192,9972,9132,8612,7352,659

Fundamentals

Market Cap₹ 67.6 Cr.
Current Price₹ 57.0
Stock P/E8.13
Book Value₹ 64.5
ROCE11.6 %
ROE12.7 %
Dividend Yield0.85 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)52%
Compounded Profit Growth (TTM)-37%
Standalone figures.
Valuation
Market capRs 65 Cr
Enterprise valueRs 78 Cr
P/E (TTM)7.76x
Price to book0.84x
Price to sales0.14x
EV / EBITDA3.20x
EV / EBIT5.61x
EV / sales0.17x
Price to cash flow2.71x
Earnings yield12.88%
Dividend yield0.90%
P/E, 3-year average14.24x
P/B, 3-year average1.59x
P/E, 5-year average21.45x
P/B, 5-year average3.19x
Profitability
Operating margin (excl. other income)3.76%
Operating margin (incl. other income)5.60%
EBITDA margin5.30%
Pre-tax margin2.22%
Net profit margin1.82%
Net margin, latest quarter0.85%
ROE12.66%
ROCE11.59%
ROA4.98%
ROE, 3-year average14.64%
ROCE, 3-year average11.40%
ROA, 3-year average4.85%
ROE, 5-year average16.49%
ROCE, 5-year average11.29%
ROA, 5-year average4.67%
ROIC (approx.)12.84%
Tax rate16.95%
Other income / net worth12.34%
Growth
Sales growth (latest year)101.12%
Profit growth (latest year)-32.03%
Sales CAGR, 3 years36.89%
Sales CAGR, 5 years43.11%
Profit CAGR, 3 years3.03%
Profit CAGR, 5 years24.41%
Sales growth QoQ-62.15%
Profit growth QoQ-77.08%
Sales growth YoY (latest quarter)-51.41%
Profit growth YoY (latest quarter)-66.67%
Per share
EPS (TTM)Rs 7.02
EPS (latest quarter)Rs 0.37
EPS, 3-year averageRs 7.87
EPS, 5-year averageRs 6.99
Book value per shareRs 64.52
Sales per shareRs 386.26
Cash flow per shareRs 20.12
Free cash flow per shareRs 56.46
Dividend per share, 3-year averageRs 0.49
Dividend per share, 5-year averageRs 0.49
Dividends
Dividend payout6.30%
Dividend payout, 3-year average8.79%
Dividend payout, 5-year average9.06%
Efficiency
Asset turnover2.92x
Fixed asset turnover12.56x
Debtor days32 days
Debtors turnover11.43x
Cash conversion cycle32 days
Working capital days34 days
Leverage
Total debtRs 33 Cr
Cash and bankRs 19 Cr
Net debtRs 13 Cr
Debt to equity0.43x
Net debt / EBITDA0.54x
Interest coverage3.74x
Owners' fund to total sources43.59%
Debt to assets18.53%
Cash flow
Cash from Operating Activity (latest year)Rs 24 Cr
Cash from Investing Activity (latest year)Rs 46 Cr
Cash from Financing Activity (latest year)Rs -61 Cr
Net Cash Flow (latest year)Rs 8 Cr
Free cash flow (latest year)Rs 67 Cr
FCFE (approx.: FCF + change in debt)Rs 5 Cr
Cash from ops / profit, 5 years1.81x
Sales to cash flow21.50x
Statement figures
Net sales (TTM)Rs 458 Cr
Net sales (latest year)Rs 513 Cr
Sales (latest quarter)Rs 52 Cr
Operating profit excl. other income (latest year)Rs 19 Cr
Operating profit (latest quarter)Rs 3 Cr
Other income (TTM)Rs 7 Cr
EBITDA (TTM)Rs 24 Cr
PBDT (TTM)Rs 21 Cr
Profit before tax (TTM)Rs 10 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 8 Cr
Net profit (latest year)Rs 9 Cr
Net profit (latest quarter)Rs 0 Cr
Depreciation (TTM)Rs 10 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 4 Cr
Cost of goods sold (latest year)Rs 80 Cr
Total expenditure (latest year)Rs 494 Cr
Total income (latest year)Rs 523 Cr
Share capitalRs 12 Cr
ReservesRs 65 Cr
Shareholders' fundsRs 77 Cr
Total assetsRs 176 Cr
Net blockRs 41 Cr
InvestmentsRs 0 Cr
ReceivablesRs 45 Cr
Other liabilitiesRs 67 Cr
Shares outstanding (crore)1.19
Ownership
Promoter holding68.28% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 7.8 is at the 16th percentile of its own 8.0-year range (median 23.0, low 5.2, high 114.8).
P/B 0.84 is the lowest in 9.0 years (median 4.34).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period540590Nifty 50Difference
1 week-5.2%-2.8% -2.5 pts
1 month-3.7%-6.8% +3.0 pts
3 months-11.6%-7.6% -4.0 pts
3 years-68.9%+14.2% -83.0 pts
5 years-67.6%+27.9% -95.5 pts

Red flags

F-score 6 of 8
lookProfit leans on other income Other income was 85% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹52 Cr -51.4% vs Jun 2025. Net profit ₹0 Cr -66.7%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Riddhi Corporate Services Ltd?

Riddhi Corporate Services Ltd (540590) has a market capitalisation of Rs 67.6 Cr. at the 2026-10-01 close.

What is the P/E ratio of Riddhi Corporate Services Ltd?

Riddhi Corporate Services Ltd trades at a P/E of 8.13 on trailing twelve-month profit, at the 2026-10-01 close.

What were Riddhi Corporate Services Ltd's latest quarterly results?

In the Jun 2026 quarter, Riddhi Corporate Services Ltd sales was Rs 52 Cr (-51.4% vs Jun 2025) and net profit was Rs 0 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03