Riddhi Corporate Services Ltd - Stock Valuation and Financial Performance

BSE: 540590 | NSE: | BPO/ITeS | Small Cap

Riddhi Corp. Service Share Price

100.30 2.35 2.40%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Riddhi Corp. Service

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Somewhat Undervalued

3. Price Trend

Riddhi Corporate Services stock performance -

mw4me loader
P/E Ratio (SA):
17.11
Market Cap:
116.2 Cr.
52-wk low:
93.3
52-wk high:
299

Is Riddhi Corporate Services Ltd an attractive stock to invest in?

1. Is Riddhi Corporate Services Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Riddhi Corporate Services Ltd is a average quality company.

2. Is Riddhi Corporate Services Ltd undervalued or overvalued?

The key valuation ratios of Riddhi Corporate Services Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Riddhi Corporate Services Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Riddhi Corporate Services Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Riddhi Corp. Service:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Riddhi Corporate Services Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 37%57.5%42.5%25.6%6.6%12%7.9%10.9%24.5%30.2%-
Value Creation
Index
1.63.12.00.8-0.5-0.1-0.4-0.20.81.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2327.141.867.52050.380.685.5109200173
Sales YoY Gr.-18%54.1%61.4%-70.4%151.7%60.4%6.1%27.1%84.1%-
Adj EPS 258.3780.8891.33.10.82.81.92.65.67.45.7
YoY Gr.-202.3%14.2%-99.7%-73.6%245.1%-33.2%37.6%113.5%32.8%-
BVPS (₹) 588.91,368.82,25912.920.822.522.124.829.941.246.9
Adj Net
Profit
0.92.73.12.50.93.22.236.38.87
Cash Flow from Ops. 3.72.73.60.1-2.65.4-0.95.712.5-18.7-
Debt/CF from Ops. 0.40.50.521.2-2.40.8-5.30.80.5-0.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 27.2%58.6%35.4%84.1%
Adj EPS -32.6%55.1%57.4%32.8%
BVPS-25.6%14.6%23.1%37.7%
Share Price - 10.1% -15.5% -57.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
56.279.849.127.25.513.18.511.120.320.513
Op. Profit
Mgn %
11.413.513.14.36.76.44.95.55.616.918.9
Net Profit
Mgn %
3.910.17.53.74.76.42.73.55.84.43.9
Debt to
Equity
0.80.30.20.30.30.20.20.20.20.2-
Working Cap
Days
1131389677245645267906925
Cash Conv.
Cycle
-37-68-55-1061411-7-14-8-56

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 35.41%

Net Profit is growing at healthy rate in last 3 years 57.40%

Return on Equity has declined versus last 3 years average to 13.00%

Sales growth is not so good in last 4 quarters at -2.03%

Latest Financials - Riddhi Corporate Services Ltd.

Standalone Consolidated
TTM EPS (₹) 5.7 1.3
TTM Sales (₹ Cr.) 173 81.5
BVPS (₹.) 46.9 0
Reserves (₹ Cr.) 44 14
P/BV 2.09 0.00
PE 17.11 77.36
From the Market
52 Week Low / High (₹) 93.30 / 299.00
All Time Low / High (₹) 30.06 / 587.00
Market Cap (₹ Cr.) 116
Equity (₹ Cr.) 11.9
Face Value (₹) 10
Industry PE 61.2

Management X-Ray of Riddhi Corp. Service:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Riddhi Corp. Service

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales2327426720508186109200
Operating Expenses 2023366519487782103167
Manufacturing Costs13141818281619153
Material Costs0000000000
Employee Cost 12417933514652117
Other Costs 6815297810173647
Operating Profit 34531234533
Operating Profit Margin (%) 11.4%13.5%13.1%4.3%6.7%4.6%4.2%4.4%4.9%16.7%
Other Income 00021214177
Interest 0001110149
Depreciation 100100031120
Exceptional Items 000000-3000
Profit Before Tax 24541315811
Tax 1122012223
Profit After Tax 133213-1368
PAT Margin (%) 3.9%10.1%7.5%3.7%4.7%5.1%-0.7%3.6%5.4%4.2%
Adjusted EPS (₹)1.13.43.93.10.82.3-0.52.75.17.1
Dividend Payout Ratio (%)0%0%0%0%7%9%0%0%10%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 25810242625283449
Share Capital 000231111111112
Reserves 2588201414172337
Minority Interest0000000000
Debt2123645468
Long Term Debt2122600000
Short Term Debt0000045468
Trade Payables91091130171615
Others Liabilities 234618912147126
Total Liabilities 1419223034384051203198

Fixed Assets

Gross Block113443515157157
Accumulated Depreciation002233361737
Net Fixed Assets11111129140120
CWIP 0000000000
Investments 00911242214212435
Inventories0000000000
Trade Receivables810101653431814
Cash Equivalents 47101610433
Others Assets12124610141826
Total Assets 1419223034384051203198

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 4340-35-1612-19
PBT 24541315811
Adjustment 102900241428
Changes in Working Capital 1-0-2-11-33-3-3-6-55
Tax Paid 0-1-2-20-1-10-3-3
Cash Flow From Investing Activity -10-6-1-1225-10-4-11
Capex -10-1000-1-5-30
Net Investments 00-5-1-1318-7-2-12
Others 000111-2211
Cash Flow From Financing Activity 100015-20-2-1030
Net Proceeds from Shares 00001200007
Net Proceeds from Borrowing 10004000021
Interest Paid 0000000000
Dividend Paid 000000000-1
Others 00000-21-2-103
Net Cash Flow 42-20054-6-10
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)56.1779.7749.1427.235.510.43-2.1611.6218.8120.33
ROCE (%)76.0776.0468.6541.739.5413.094.3817.4331.740.31
Asset Turnover Ratio2.221.632.042.610.621.42.071.870.861
PAT to CFO Conversion(x)411.330-31.67N/A22-2.38
Working Capital Days
Receivable Days10011785711962815153529
Inventory Days0000000000
Payable Days0000000000

Riddhi Corporate Services Ltd Stock News

Riddhi Corporate Services Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Riddhi Corp. Service on 28-Mar-2024 16:01 is ₹100.3.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of Riddhi Corp. Service stood at ₹116.2.
The latest P/E ratio of Riddhi Corp. Service as of 28-Mar-2024 16:01 is 17.11.
The latest P/B ratio of Riddhi Corp. Service as of 28-Mar-2024 16:01 is 2.09.
The 52-week high of Riddhi Corp. Service is ₹299.0 and the 52-week low is ₹93.30.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Riddhi Corp. Service is ₹172.9 ( Cr.) .

About Riddhi Corporate Services Ltd

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