Nifty

:

22416.10

Sensex

:

73875.47

48.10 (0.22%)
137.02 (0.19%)

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Nifty
Sensex

:
:

22416.10
73875.47

48.10 (0.22%)
137.02 (0.19%)

Riddhi Corporate Services Ltd.

BPO/ITeS

Rating :

54/99

BSE: 540590 | NSE: Not Listed

Watchlist

NSE BSE

104.50

23-Apr-2024

Open
High
Low
Previous Close

130.00
136.80
101.15
126.40

Volume
Traded Value (lacs)
52 Week High
52 Week Low

2064
208.97
278.05
86.00

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

124.01
18.25
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

128.65
N/A
2.23

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

24.16
31.84
32.76

EBITDA CAGR (%)

10 Years
5 Years
3 Years

28.99
70.92
54.94

PAT CAGR (%)

10 Years
5 Years
3 Years

25.06
26.79
39.67

P:E (Median)

8 Years
5 Years
3 Years

-
40.60
32.72

P:BV (Average)

8 Years
5 Years
3 Years

-
6.59
6.47

EV:EBITDA (Average)

8 Years
5 Years
3 Years

-
17.92
9.21

Quarterly Results

Standalone Figures in Rs. Crores /

Consolidated

Description Dec 23 Dec 22 Var% Sep 23 Sep 22 Var% Jun 23 Jun 22 Var% Mar 23 Mar 22 Var%
Net Sales 30.32 56.71 -46.54% 44.37 49.49 -10.35% 47.10 42.84 9.94% 51.14 36.84 38.82%
Expenses 22.51 46.41 -51.50% 37.45 39.94 -6.23% 38.83 34.13 13.77% 41.42 29.90 38.53%
EBITDA 7.81 10.30 -24.17% 6.92 9.55 -27.54% 8.27 8.71 -5.05% 9.72 6.94 40.06%
EBIDTM 25.75% 18.16% 15.59% 19.29% 17.57% 20.33% 19.01% 18.84%
Other Income 0.68 0.23 195.65% 1.49 0.54 175.93% 1.18 0.12 883.33% 0.49 1.84 -73.37%
Interest 1.85 2.12 -12.74% 1.98 2.18 -9.17% 1.92 2.23 -13.90% 2.08 1.99 4.52%
Depreciation 4.50 5.02 -10.36% 5.05 5.11 -1.17% 5.29 5.13 3.12% 4.72 4.76 -0.84%
PBT 2.14 3.38 -36.69% 1.38 2.80 -50.71% 2.25 1.48 52.03% 3.41 2.04 67.16%
Tax 0.54 0.80 -32.50% 0.35 0.55 -36.36% 0.57 0.37 54.05% 0.93 0.30 210.00%
PAT 1.60 2.58 -37.98% 1.03 2.25 -54.22% 1.68 1.11 51.35% 2.48 1.74 42.53%
PATM 5.27% 4.55% 2.33% 4.55% 3.57% 2.58% 4.85% 4.72%
EPS 1.34 2.17 -38.25% 0.87 1.89 -53.97% 1.41 0.93 51.61% 2.08 1.46 42.47%

Description Dec 23 Dec 22 Var% Sep 23 Sep 22 Var% Jun 23 Jun 22 Var% Mar 23 Mar 22 Var%
Net Sales 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Expenses 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
EBITDA 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
EBIDTM 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Other Income 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Interest 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Depreciation 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PBT 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Tax 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PAT 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PATM 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description TTM Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Net Sales 172.93 200.17 108.71 85.54 80.62 50.26 19.97 67.48 41.80 27.12 22.99 Net Sales Growth -6.97% 84.13% 27.09% 6.10% 60.41% 151.68% -70.41% 61.44% 54.13% 17.96% Cost Of Goods Sold 31.87 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Gross Profit 141.06 200.17 108.71 85.54 80.62 50.26 19.97 67.48 41.80 27.12 22.99 GP Margin 81.57% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Total Expenditure 140.21 166.77 103.34 81.80 77.21 47.97 18.63 64.59 36.33 23.46 20.37 Power & Fuel Cost - 0.56 0.33 0.20 0.29 0.13 0.19 0.46 0.37 0.00 0.00 % Of Sales - 0.28% 0.30% 0.23% 0.36% 0.26% 0.95% 0.68% 0.89% 0% 0% Employee Cost - 117.38 51.83 46.25 50.55 32.50 9.28 17.17 3.56 1.54 0.96 % Of Sales - 58.64% 47.68% 54.07% 62.70% 64.66% 46.47% 25.44% 8.52% 5.68% 4.18% Manufacturing Exp. - 2.21 15.05 18.33 16.08 0.06 2.01 17.59 17.24 14.10 13.43 % Of Sales - 1.10% 13.84% 21.43% 19.95% 0.12% 10.07% 26.07% 41.24% 51.99% 58.42% General & Admin Exp. - 35.06 28.42 12.15 5.96 12.81 5.77 12.08 9.67 5.50 4.43 % Of Sales - 17.52% 26.14% 14.20% 7.39% 25.49% 28.89% 17.90% 23.13% 20.28% 19.27% Selling & Distn. Exp. - 10.29 6.79 0.52 3.51 1.26 1.16 8.24 2.65 2.32 1.55 % Of Sales - 5.14% 6.25% 0.61% 4.35% 2.51% 5.81% 12.21% 6.34% 8.55% 6.74% Miscellaneous Exp. - 1.28 0.92 4.11 0.54 0.97 0.00 8.73 2.44 0.00 1.55 % Of Sales - 0.64% 0.85% 4.80% 0.67% 1.93% 0% 12.94% 5.84% 0% 0% EBITDA 32.72 33.40 5.37 3.74 3.41 2.29 1.34 2.89 5.47 3.66 2.62 EBITDA Margin 18.92% 16.69% 4.94% 4.37% 4.23% 4.56% 6.71% 4.28% 13.09% 13.50% 11.40% Other Income 3.84 6.60 17.16 4.33 1.50 1.88 1.06 2.38 0.45 0.47 0.18 Interest 7.83 8.96 3.63 0.66 0.29 0.51 0.68 0.59 0.35 0.11 0.09 Depreciation 19.56 19.98 11.06 2.63 0.29 0.27 0.35 0.52 0.49 0.41 0.81 PBT 9.18 11.07 7.84 4.78 4.32 3.39 1.37 4.15 5.09 3.60 1.90 Tax 2.39 2.65 2.00 1.69 1.56 0.82 0.43 1.66 1.97 0.87 0.99 Tax Rate 26.03% 23.94% 25.51% 35.36% 154.46% 24.19% 31.39% 40.00% 38.70% 24.17% 52.11% PAT 6.79 8.42 5.84 3.09 -0.55 2.57 0.94 2.49 3.12 2.73 0.90 PAT before Minority Interest 6.79 8.42 5.84 3.09 -0.55 2.57 0.94 2.49 3.12 2.73 0.90 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 3.93% 4.21% 5.37% 3.61% -0.68% 5.11% 4.71% 3.69% 7.46% 10.07% 3.91% PAT Growth -11.59% 44.18% 89.00% - - 173.40% -62.25% -20.19% 14.29% 203.33% EPS 5.71 7.08 4.91 2.60 -0.46 2.16 0.79 2.09 2.62 2.29 0.76

Description TTM Mar 20 Mar 19 Mar 18 Mar 17
Net Sales - 81.47 59.53 20.20 67.58 Net Sales Growth - 36.86% 194.70% -70.11% Cost Of Goods Sold - 0.24 6.68 0.00 0.00 Gross Profit - 81.23 52.85 20.20 67.58 GP Margin - 99.71% 88.78% 100% 100% Total Expenditure - 78.38 59.22 19.13 64.79 Power & Fuel Cost - 0.29 0.13 0.19 0.46 % Of Sales - 0.36% 0.22% 0.94% 0.68% Employee Cost - 50.71 32.84 9.49 17.26 % Of Sales - 62.24% 55.17% 46.98% 25.54% Manufacturing Exp. - 16.11 0.08 2.06 17.59 % Of Sales - 19.77% 0.13% 10.20% 26.03% General & Admin Exp. - 6.28 13.27 5.96 12.18 % Of Sales - 7.71% 22.29% 29.50% 18.02% Selling & Distn. Exp. - 3.51 1.67 1.17 8.24 % Of Sales - 4.31% 2.81% 5.79% 12.19% Miscellaneous Exp. - 0.91 4.30 0.02 8.74 % Of Sales - 1.12% 7.22% 0.10% 12.93% EBITDA - 3.09 0.31 1.07 2.79 EBITDA Margin - 3.79% 0.52% 5.30% 4.13% Other Income - 1.82 1.96 1.22 2.40 Interest - 0.59 0.83 0.79 0.59 Depreciation - 0.35 0.37 0.43 0.52 PBT - 3.96 1.07 1.08 4.07 Tax - 2.12 0.26 0.43 1.66 Tax Rate - 59.55% 24.30% 39.81% 40.79% PAT - 1.50 0.97 0.66 2.42 PAT before Minority Interest - 1.45 0.81 0.65 2.41 Minority Interest - 0.05 0.16 0.01 0.01 PAT Margin - 1.84% 1.63% 3.27% 3.58% PAT Growth - 54.64% 46.97% -72.73% EPS - 1.26 0.82 0.55 2.03

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Shareholder's Funds 51.43 34.00 28.15 25.09 25.64 23.69 10.40 7.91 4.79 2.06 Share Capital 11.87 11.38 11.38 11.38 11.38 3.25 2.30 0.01 0.01 0.01 Total Reserves 37.03 22.62 16.78 13.71 14.26 20.44 8.10 7.90 4.78 2.05 Non-Current Liabilities 99.52 118.76 3.00 1.68 0.67 5.68 2.04 1.59 1.15 1.74 Secured Loans 0.11 0.00 0.00 0.00 0.01 5.33 0.71 0.25 0.13 0.13 Unsecured Loans 0.00 0.00 0.01 0.01 0.01 0.38 1.38 1.37 1.22 1.44 Long Term Provisions 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Current Liabilities 47.03 49.79 20.07 13.39 11.33 4.66 17.48 12.35 13.17 10.31 Trade Payables 14.50 16.18 6.98 1.32 0.31 2.86 11.14 8.60 10.40 8.63 Other Current Liabilities 20.70 24.33 7.52 5.44 6.99 0.09 2.11 1.00 1.36 0.74 Short Term Borrowings 8.08 5.78 4.45 4.77 4.04 0.49 0.50 0.03 0.00 0.00 Short Term Provisions 3.75 3.49 1.12 1.87 0.00 1.22 3.74 2.72 1.41 0.94 Total Liabilities 197.98 202.55 51.22 40.16 37.64 34.03 29.92 21.85 19.11 14.11 Net Block 119.78 139.91 8.99 2.03 0.62 0.77 1.11 1.43 0.86 0.83 Gross Block 157.14 157.29 15.31 5.41 3.44 3.59 3.58 3.38 0.86 0.83 Accumulated Depreciation 37.36 17.38 6.32 3.38 2.82 2.82 2.47 1.95 0.00 0.00 Non Current Assets 156.70 164.29 35.82 20.23 24.61 2.03 1.77 1.99 1.49 1.09 Capital Work in Progress 0.27 0.00 0.00 0.00 0.49 0.16 0.00 0.00 0.00 0.00 Non Current Investment 35.04 23.52 21.09 13.87 21.75 0.00 0.00 0.00 0.00 0.00 Long Term Loans & Adv. 1.62 0.86 5.74 4.33 1.74 1.10 0.67 0.56 0.63 0.26 Other Non Current Assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Current Assets 41.23 38.25 15.41 19.93 13.03 32.00 28.15 19.87 17.62 13.01 Current Investments 0.00 0.00 0.00 0.00 0.00 23.61 10.55 9.40 0.00 0.00 Inventories 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sundry Debtors 14.16 17.87 3.03 4.10 2.69 4.98 16.47 9.85 9.63 7.73 Cash & Bank 3.15 2.79 3.95 10.27 5.86 0.68 0.26 0.54 6.70 4.38 Other Current Assets 23.94 0.00 0.00 0.00 4.48 2.73 0.87 0.08 1.29 0.89 Short Term Loans & Adv. 23.92 17.60 8.43 5.56 4.48 2.73 0.87 0.08 1.29 0.89 Net Current Assets -5.79 -11.54 -4.66 6.54 1.70 27.33 10.67 7.51 4.45 2.71 Total Assets 197.98 202.54 51.23 40.16 37.64 34.03 29.92 21.86 19.11 14.10

Description Mar 20 Mar 19 Mar 18 Mar 17
Shareholder's Funds 25.09 23.59 23.33 10.33 Share Capital 11.38 11.38 3.25 2.30 Total Reserves 13.71 12.21 20.08 8.03 Non-Current Liabilities 1.68 0.12 9.39 2.04 Secured Loans 0.00 0.01 9.04 0.71 Unsecured Loans 0.01 0.01 0.38 1.38 Long Term Provisions 0.00 0.00 0.00 0.00 Current Liabilities 13.39 19.08 5.61 16.92 Trade Payables 1.32 1.62 4.24 11.07 Other Current Liabilities 5.44 7.23 0.11 2.11 Short Term Borrowings 4.77 10.23 0.00 0.00 Short Term Provisions 1.87 0.00 1.26 3.74 Total Liabilities 40.16 42.79 38.49 29.46 Net Block 2.03 0.78 1.05 1.11 Gross Block 2.03 0.78 3.94 3.58 Accumulated Depreciation 0.00 0.00 2.90 2.47 Non Current Assets 20.23 26.01 3.89 1.77 Capital Work in Progress 0.00 0.71 0.16 0.00 Non Current Investment 13.87 22.50 0.00 0.00 Long Term Loans & Adv. 4.33 2.02 2.68 0.67 Other Non Current Assets 0.00 0.00 0.00 0.00 Current Assets 19.93 16.78 34.59 27.68 Current Investments 0.00 0.00 24.21 9.88 Inventories 0.00 0.50 0.00 0.00 Sundry Debtors 4.10 4.15 5.89 16.49 Cash & Bank 10.27 7.42 1.06 0.33 Other Current Assets 5.56 0.07 0.18 0.03 Short Term Loans & Adv. 5.56 4.63 3.25 0.95 Net Current Assets 6.54 -2.30 28.98 10.76 Total Assets 40.16 42.79 38.48 29.45

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Cash From Operating Activity -18.67 12.48 5.65 -0.90 5.43 -2.55 0.13 3.59 2.65 3.66 PBT 11.07 7.84 4.78 1.01 3.39 1.37 4.15 5.09 3.60 1.90 Adjustment 28.29 13.73 3.67 2.47 0.07 -0.32 8.66 2.47 0.09 0.82 Changes in Working Capital -54.90 -5.80 -3.09 -3.29 3.40 -3.18 -11.01 -2.16 -0.23 1.34 Cash after chg. in Working capital -15.54 15.77 5.37 0.20 6.86 -2.14 1.80 5.39 3.47 4.06 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -3.13 -3.28 0.28 -1.10 -1.43 -0.41 -1.68 -1.80 -0.82 -0.40 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -10.84 -3.82 -10.08 4.82 2.00 -12.31 -0.68 -5.51 -0.01 -1.00 Net Fixed Assets -0.12 -141.98 -9.90 -1.48 -0.18 -0.17 -0.20 -2.52 -0.03 -0.26 Net Investments -11.52 -2.43 -7.22 7.88 1.86 -13.06 -1.15 -9.40 0.00 0.00 Others 0.80 140.59 7.04 -1.58 0.32 0.92 0.67 6.41 0.02 -0.74 Cash from Financing Activity 29.86 -9.82 -1.89 0.50 -2.25 15.27 0.28 0.33 -0.33 1.06 Net Cash Inflow / Outflow 0.35 -1.16 -6.32 4.41 5.18 0.42 -0.28 -1.59 2.31 3.71 Opening Cash & Equivalents 2.79 3.95 10.27 5.86 0.68 0.26 0.54 2.13 4.38 0.67 Closing Cash & Equivalent 3.15 2.79 3.95 10.27 5.86 0.68 0.26 0.54 6.70 4.38

Description Mar 20 Mar 19 Mar 18 Mar 17
Cash From Operating Activity -0.45 3.76 -3.07 -0.66 PBT 3.57 1.07 1.08 4.07 Adjustment -0.24 -0.36 -0.58 8.64 Changes in Working Capital -2.74 4.51 -3.16 -11.70 Cash after chg. in Working capital 0.58 5.23 -2.66 1.01 Interest Paid 0.00 0.00 0.00 0.00 Tax Paid -1.03 -1.47 -0.41 -1.68 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 Cash From Investing Activity 9.30 2.17 -13.50 0.01 Net Fixed Assets -1.48 -0.18 -0.17 Net Investments 7.88 1.86 -13.06 Others 2.90 0.49 -0.27 Cash from Financing Activity -5.99 0.44 17.29 0.45 Net Cash Inflow / Outflow 2.86 6.36 0.72 -0.21 Opening Cash & Equivalents 7.42 1.06 0.33 0.54 Closing Cash & Equivalent 10.27 7.42 1.06 0.33

Financial Ratios

Standalone /

Consolidated

Right to Left

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Book Value (Rs.) 41.16 29.89 24.75 22.06 22.54 20.82 12.92 2259.02 1368.77 588.89 ROA 4.20% 4.61% 6.77% -1.41% 7.18% 2.93% 9.63% 15.23% 16.46% 8.73% ROE 20.33% 18.81% 11.62% -2.16% 10.43% 5.50% 27.23% 49.14% 79.77% 56.17% ROCE 40.31% 31.70% 17.43% 4.38% 13.09% 9.54% 41.73% 68.65% 76.04% 76.07% Fixed Asset Turnover 1.27 1.26 8.25 18.20 14.28 5.57 19.39 19.69 31.99 32.84 Receivable days 29.20 35.08 15.20 15.37 27.85 195.98 71.18 85.05 116.87 100.16 Inventory Days 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Payable days 0.00 0.00 0.00 0.00 16.90 189.59 80.88 139.83 185.30 137.62 Cash Conversion Cycle 29.20 35.08 15.20 15.37 10.95 6.39 -9.69 -54.78 -68.43 -37.45 Total Debt/Equity 0.17 0.17 0.16 0.19 0.16 0.26 0.26 0.23 0.28 0.76 Interest Cover 2.24 3.16 8.21 4.48 7.67 3.01 8.02 15.73 33.70 22.92

Description Mar 20 Mar 19 Mar 18 Mar 17
Book Value (Rs.) 22.06 20.74 20.51 12.83 ROA 3.49% 2.00% 1.90% 8.18% ROE 5.95% 3.47% 3.83% 23.35% ROCE 13.05% 5.71% 8.25% 37.38% Fixed Asset Turnover 57.89 25.17 5.37 18.90 Receivable days 18.48 30.78 202.13 89.07 Inventory Days 0.00 3.08 0.00 0.00 Payable days 7.57 25.34 201.92 90.52 Cash Conversion Cycle 10.91 8.52 0.21 -1.45 Total Debt/Equity 0.19 0.44 0.40 0.21 Interest Cover 6.99 2.29 2.37 7.85

Top Investors:

rajanbhai bipinbhai shah

shilpa vipulkumar thakkar

vipul chandulal thakkar

dushyantkumar manilal joshi

Annual Reports:

News Update:

Riddhi Corp. Service - Quarterly Results
14th Feb 2024, 19:33 PM

Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

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