Nifty

:

23907.25

Sensex

:

79117.11

557.35 (2.39%)
1961.32 (2.54%)

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Nifty
Sensex

:
:

23907.25
79117.11

557.35 (2.39%)
1961.32 (2.54%)

Riddhi Corporate Services Ltd.

BPO/ITeS

Rating :

N/A

BSE: 540590 | NSE: Not Listed

Watchlist

NSE BSE

59.75

22-Nov-2024

Open
High
Low
Previous Close

62.28
62.28
57.4
59.02

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

4738
279901
153.95
57.00

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

70.91
13.13
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

76.01
0.82%
1.23

Chart

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

Revenue CAGR (%)

10 Years
5 Years
3 Years

20.42
16.62
16.95

EBITDA CAGR (%)

10 Years
5 Years
3 Years

23.08
53.66
40.32

PAT CAGR (%)

10 Years
5 Years
3 Years

6.53
-
-4.17

P:E (Median)

8 Years
5 Years
3 Years

-
32.70
23.67

P:BV (Average)

8 Years
5 Years
3 Years

-
5.62
5.26

EV:EBITDA (Average)

8 Years
5 Years
3 Years

-
14.55
6.87

Quarterly Results

Standalone Figures in Rs. Crores /

Consolidated

Description Sep 24 Sep 23 Var% Jun 24 Jun 23 Var% Mar 24 Mar 23 Var% Dec 23 Dec 22 Var%
Net Sales 66.47 44.37 49.81% 55.76 47.10 18.39% 52.09 51.14 1.86% 30.32 56.71 -46.54%
Expenses 59.03 37.45 57.62% 48.26 38.84 24.25% 45.48 41.42 9.80% 22.51 46.41 -51.50%
EBITDA 7.45 6.92 7.66% 7.50 8.26 -9.20% 6.60 9.72 -32.10% 7.81 10.30 -24.17%
EBIDTM 11.20% 15.59% 13.45% 17.55% 12.68% 19.01% 25.75% 18.16%
Other Income 0.80 1.49 -46.31% 0.87 1.18 -26.27% 1.52 0.49 210.20% 0.68 0.23 195.65%
Interest 1.77 1.98 -10.61% 1.81 1.92 -5.73% 1.86 2.08 -10.58% 1.85 2.12 -12.74%
Depreciation 4.44 5.05 -12.08% 4.46 5.28 -15.53% 4.47 4.72 -5.30% 4.50 5.02 -10.36%
PBT 2.03 1.38 47.10% 2.10 2.25 -6.67% 1.79 3.41 -47.51% 2.14 3.38 -36.69%
Tax 0.51 0.35 45.71% 0.52 0.57 -8.77% 0.96 0.93 3.23% 0.54 0.80 -32.50%
PAT 1.53 1.03 48.54% 1.59 1.68 -5.36% 0.83 2.48 -66.53% 1.60 2.58 -37.98%
PATM 2.30% 2.33% 2.84% 3.57% 1.60% 4.85% 5.27% 4.55%
EPS 1.28 0.87 47.13% 1.33 1.41 -5.67% 0.70 2.09 -66.51% 1.34 2.17 -38.25%

Description Jun 24 Jun 23 Var% Mar 24 Mar 23 Var% Dec 23 Dec 22 Var% Sep 23 Sep 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 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Net Sales 204.64 173.87 200.17 108.71 85.54 80.62 50.26 19.97 67.48 41.80 27.12 Net Sales Growth 2.67% -13.14% 84.13% 27.09% 6.10% 60.41% 151.68% -70.41% 61.44% 54.13% Cost Of Goods Sold 61.68 2.44 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Gross Profit 142.96 171.44 200.17 108.71 85.54 80.62 50.26 19.97 67.48 41.80 27.12 GP Margin 69.86% 98.60% 100% 100% 100% 100% 100% 100% 100% 100% 100% Total Expenditure 175.28 144.66 166.77 103.34 81.80 77.21 47.97 18.63 64.59 36.33 23.46 Power & Fuel Cost - 0.61 0.56 0.33 0.20 0.29 0.13 0.19 0.46 0.37 0.00 % Of Sales - 0.35% 0.28% 0.30% 0.23% 0.36% 0.26% 0.95% 0.68% 0.89% 0% Employee Cost - 62.02 117.38 51.83 46.25 50.55 32.50 9.28 17.17 3.56 1.54 % Of Sales - 35.67% 58.64% 47.68% 54.07% 62.70% 64.66% 46.47% 25.44% 8.52% 5.68% Manufacturing Exp. - 36.19 2.21 15.05 18.33 16.08 0.06 2.01 17.59 17.24 14.10 % Of Sales - 20.81% 1.10% 13.84% 21.43% 19.95% 0.12% 10.07% 26.07% 41.24% 51.99% General & Admin Exp. - 22.30 35.06 28.42 12.15 5.96 12.81 5.77 12.08 9.67 5.50 % Of Sales - 12.83% 17.52% 26.14% 14.20% 7.39% 25.49% 28.89% 17.90% 23.13% 20.28% Selling & Distn. Exp. - 7.66 10.29 6.79 0.52 3.51 1.26 1.16 8.24 2.65 2.32 % Of Sales - 4.41% 5.14% 6.25% 0.61% 4.35% 2.51% 5.81% 12.21% 6.34% 8.55% Miscellaneous Exp. - 0.76 1.27 0.92 4.11 0.54 0.97 0.00 8.73 2.44 2.32 % Of Sales - 0.44% 0.63% 0.85% 4.80% 0.67% 1.93% 0% 12.94% 5.84% 0% EBITDA 29.36 29.21 33.40 5.37 3.74 3.41 2.29 1.34 2.89 5.47 3.66 EBITDA Margin 14.35% 16.80% 16.69% 4.94% 4.37% 4.23% 4.56% 6.71% 4.28% 13.09% 13.50% Other Income 3.87 5.38 6.60 17.16 4.33 1.50 1.88 1.06 2.38 0.45 0.47 Interest 7.29 7.78 8.96 3.63 0.66 0.29 0.51 0.68 0.59 0.35 0.11 Depreciation 17.87 19.27 19.98 11.06 2.63 0.29 0.27 0.35 0.52 0.49 0.41 PBT 8.06 7.55 11.07 7.84 4.78 4.32 3.39 1.37 4.15 5.09 3.60 Tax 2.53 2.41 2.65 2.00 1.69 1.56 0.82 0.43 1.66 1.97 0.87 Tax Rate 31.39% 31.92% 23.94% 25.51% 35.36% 154.46% 24.19% 31.39% 40.00% 38.70% 24.17% PAT 5.55 5.14 8.42 5.84 3.09 -0.55 2.57 0.94 2.49 3.12 2.73 PAT before Minority Interest 5.55 5.14 8.42 5.84 3.09 -0.55 2.57 0.94 2.49 3.12 2.73 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 2.71% 2.96% 4.21% 5.37% 3.61% -0.68% 5.11% 4.71% 3.69% 7.46% 10.07% PAT Growth -28.57% -38.95% 44.18% 89.00% - - 173.40% -62.25% -20.19% 14.29% EPS 4.66 4.32 7.08 4.91 2.60 -0.46 2.16 0.79 2.09 2.62 2.29

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 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Shareholder's Funds 56.00 51.43 34.00 28.15 25.09 25.64 23.69 10.40 7.91 4.79 Share Capital 11.87 11.87 11.38 11.38 11.38 11.38 3.25 2.30 0.01 0.01 Total Reserves 41.59 37.03 22.62 16.78 13.71 14.26 20.44 8.10 7.90 4.78 Non-Current Liabilities 90.03 99.52 118.76 3.00 1.68 0.67 5.68 2.04 1.59 1.15 Secured Loans 0.07 0.11 0.00 0.00 0.00 0.01 5.33 0.71 0.25 0.13 Unsecured Loans 0.00 0.00 0.00 0.01 0.01 0.01 0.38 1.38 1.37 1.22 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 49.48 47.03 49.79 20.07 13.39 11.33 4.66 17.48 12.35 13.17 Trade Payables 18.03 14.50 16.18 6.98 1.32 0.31 2.86 11.14 8.60 10.40 Other Current Liabilities 15.82 20.70 24.33 7.52 5.44 6.99 0.09 2.11 1.00 1.36 Short Term Borrowings 12.19 8.08 5.78 4.45 4.77 4.04 0.49 0.50 0.03 0.00 Short Term Provisions 3.44 3.75 3.49 1.12 1.87 0.00 1.22 3.74 2.72 1.41 Total Liabilities 195.51 197.98 202.55 51.22 40.16 37.64 34.03 29.92 21.85 19.11 Net Block 104.18 119.78 139.91 8.99 2.03 0.62 0.77 1.11 1.43 0.86 Gross Block 160.81 157.14 157.29 15.31 5.41 3.44 3.59 3.58 3.38 0.86 Accumulated Depreciation 56.63 37.36 17.38 6.32 3.38 2.82 2.82 2.47 1.95 0.00 Non Current Assets 142.61 156.70 164.29 35.82 20.23 24.61 2.03 1.77 1.99 1.49 Capital Work in Progress 0.00 0.27 0.00 0.00 0.00 0.49 0.16 0.00 0.00 0.00 Non Current Investment 36.42 35.04 23.52 21.09 13.87 21.75 0.00 0.00 0.00 0.00 Long Term Loans & Adv. 2.01 1.62 0.86 5.74 4.33 1.74 1.10 0.67 0.56 0.63 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 52.86 41.23 38.25 15.41 19.93 13.03 32.00 28.15 19.87 17.62 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 23.61 10.55 9.40 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 36.90 14.16 17.87 3.03 4.10 2.69 4.98 16.47 9.85 9.63 Cash & Bank 2.71 3.15 2.79 3.95 10.27 5.86 0.68 0.26 0.54 6.70 Other Current Assets 13.24 0.02 0.00 0.00 5.56 4.48 2.73 0.87 0.08 1.29 Short Term Loans & Adv. 13.20 23.92 17.60 8.43 5.56 4.48 2.73 0.87 0.08 1.29 Net Current Assets 3.38 -5.79 -11.54 -4.66 6.54 1.70 27.33 10.67 7.51 4.45 Total Assets 195.50 197.98 202.54 51.23 40.16 37.64 34.03 29.92 21.86 19.11

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 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Cash From Operating Activity 5.25 -18.67 12.48 5.65 -0.90 5.43 -2.55 0.13 3.59 2.65 PBT 7.55 11.07 7.84 4.78 1.01 3.39 1.37 4.15 5.09 3.60 Adjustment 23.99 28.29 13.73 3.67 2.47 0.07 -0.32 8.66 2.47 0.09 Changes in Working Capital -24.06 -54.90 -5.80 -3.09 -3.29 3.40 -3.18 -11.01 -2.16 -0.23 Cash after chg. in Working capital 7.48 -15.54 15.77 5.37 0.20 6.86 -2.14 1.80 5.39 3.47 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -2.23 -3.13 -3.28 0.28 -1.10 -1.43 -0.41 -1.68 -1.80 -0.82 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 -8.41 -10.84 -3.82 -10.08 4.82 2.00 -12.31 -0.68 -5.51 -0.01 Net Fixed Assets -3.40 -0.12 -141.98 -9.90 -1.48 -0.18 -0.17 -0.20 -2.52 -0.03 Net Investments -1.38 -11.52 -2.43 -7.22 7.88 1.86 -13.06 -1.15 -9.40 0.00 Others -3.63 0.80 140.59 7.04 -1.58 0.32 0.92 0.67 6.41 0.02 Cash from Financing Activity 2.73 29.86 -9.82 -1.89 0.50 -2.25 15.27 0.28 0.33 -0.33 Net Cash Inflow / Outflow -0.43 0.35 -1.16 -6.32 4.41 5.18 0.42 -0.28 -1.59 2.31 Opening Cash & Equivalents 3.15 2.79 3.95 10.27 5.86 0.68 0.26 0.54 2.13 4.38 Closing Cash & Equivalent 2.71 3.15 2.79 3.95 10.27 5.86 0.68 0.26 0.54 6.70

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 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Book Value (Rs.) 45.02 41.16 29.89 24.75 22.06 22.54 20.82 12.92 2259.02 1368.77 ROA 2.62% 4.20% 4.61% 6.77% -1.41% 7.18% 2.93% 9.63% 15.23% 16.46% ROE 10.06% 20.33% 18.81% 11.62% -2.16% 10.43% 5.50% 27.23% 49.14% 79.77% ROCE 23.99% 40.31% 31.70% 17.43% 4.38% 13.09% 9.54% 41.73% 68.65% 76.04% Fixed Asset Turnover 1.09 1.27 1.26 8.25 18.20 14.28 5.57 19.39 19.69 31.99 Receivable days 53.59 29.20 35.08 15.20 15.37 27.85 195.98 71.18 85.05 116.87 Inventory Days 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Payable days 2433.68 0.00 0.00 0.00 0.00 16.90 189.59 80.88 139.83 185.30 Cash Conversion Cycle -2380.09 29.20 35.08 15.20 15.37 10.95 6.39 -9.69 -54.78 -68.43 Total Debt/Equity 0.23 0.17 0.17 0.16 0.19 0.16 0.26 0.26 0.23 0.28 Interest Cover 1.97 2.24 3.16 8.21 4.48 7.67 3.01 8.02 15.73 33.70

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

meru investment fund pcc-cell 1

dushyantkumar manilal joshi

Annual Reports:

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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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