MoneyWorks4Me

Riddhi Siddhi Gluco Biols Ltd (524480)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 524480 NSE: Trading | Small Cap | Riddhi Siddhi Gluco Share Price

₹751.55 1.55 (0.21%)

As on 21-Sep'26 16:59

Riddhi Siddhi Gluco Biols Ltd (524480)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 524480 NSE: Trading | Small Cap | Riddhi Siddhi Gluco Share Price

₹751.55 1.55 (0.21%)

As on 21-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹536 Cr.
Current Price
₹751.6
52-Week Low / High
₹405 / 862
TTM EPS
₹-13.3
TTM Sales
₹171 Cr.
Book Value per Share
₹2,122.2
P/E Ratio
0.00
Lower than its 5-year historical median
Industry PE
39.7
Price to Book (P/B)
0.35
Higher than its 5-year historical median
Price to Sales (P/S)
3.13
Higher than its 5-year historical median
EV/EBITDA
14.25
Higher than its 5-year historical median
Dividend Yield
0.4%
Profitability Efficiency
Return on Equity (ROE)
4.09%
Outperforms industry median
Return on Capital Employed (ROCE)
4.99%
Outperforms industry median
Return on Assets (ROA)
3.54%
Operating Profit Margin
1.9%
Net Profit Margin
46.53%
Gross Profit Margin
59%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-58.64%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
-41.12%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
10.25%
Asset Quality
Promoter Holding
75.00%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹1,506 Cr.
Equity
₹7.1 Cr.
Face Value
₹10
All Time Low / High
₹4.05 / 953.00

Riddhi Siddhi Gluco Biols stock performance

Key Ratios
mw4me loader

Check Before You Invest

Valuation

Somewhat Overvalued

Price Trend

Weak
Q.1 Is Riddhi Siddhi Gluco Biols Ltd a good quality company?
Riddhi Siddhi Gluco Biols Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Riddhi Siddhi Gluco Biols Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Riddhi Siddhi Gluco Biols Ltd vs industry peers?
Riddhi Siddhi Gluco Biols Ltd revenue CAGR is -25.14%, compared to the industry median CAGR of 0%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Riddhi Siddhi Gluco Biols Ltd?
Promoters hold 75.00% of the Riddhi Siddhi Gluco Biols Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Riddhi Siddhi Gluco Biols Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 7.9% based on the current price.

10 Year X-Ray :

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 Siddhi Gluco Biols Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 5%1.8%2.7%5%6.3%4.8%6.4%3.7%6.7%6.4%-
Value Creation
Index
-0.6-0.9-0.8-0.6-0.6-0.7-0.5-0.7-0.5-0.5-

Growth Parameters

Sales 52.911837015174.42284412622191.4138
Sales YoY Gr.-122.9%214.3%-59.1%-50.9%206%-80.7%187.1%75%-58.6%-
Adj EPS -15.3-124.7332.582.585.41879.546.7130132.672.2
YoY Gr.-NANA-75.2%3.5%-78.9%340.9%-41.3%178.6%2%-
BVPS (₹) 1,559.81,569.51,689.71,7431,767.81,882.52,035.82,058.62,266.72,408.72,456.9
Adj Net
Profit
-10.9-8923758.960.912.956.733.392.794.551
Cash Flow from Ops. -5.92-15.1-1.4-25.4-4224-29.4-4.3-37.5-
Debt/CF from Ops. -33.1199.1-9.3-83.4-3.4-22.3-2.4-13.2-2.4-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 6.3%4.2%27.6%-58.6%
Adj EPS NA9.2%18.6%2%
BVPS5%6.4%5.8%6.3%
Share Price 8.2% 17.7% 19% 28.7%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-1.1-820.44.84.914.12.365.73
Op. Profit
Mgn %
2.5-52.9-4.6-0.61.41.3-4.9-3.4-1.1-4.9-9.5
Net Profit
Mgn %
-20.6-75.664.138.981.85.7128.926.442103.537.4
Debt to
Equity
0.20.40.10.10.10.100.100.1-
Working Cap
Days
2,0197703841,3203,0361,3538,8632,8181,3213,32312,007
Cash Conv.
Cycle
50911512451067538078401259,414

Valuation of Riddhi Siddhi Gluco - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Management X-Ray

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 (%)

Financials

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales342508804682576498223173268136
Operating Expenses + 3495601,073605529511200173265134
Manufacturing Costs10611512014013210511181718
Material Costs21231862538134336817113522294
Employee Cost 1320212425226888
Other Costs 1810630760281512121713
Operating Profit -7-52-2697748-1423032
Operating Profit Margin (%) -2.1%-10.2%-33.5%11.3%8.2%-2.7%10.3%0.1%1.3%1.5%
Other Income + 13411833570505962688188
Exceptional Items 0000000000
Interest 33526240312688910
Depreciation 3535343537371312119
Profit Before Tax 59-21-307330-1864486571
Tax 1525-396644161588
Profit After Tax 44-4596724-6249335763
PAT Margin (%) 12.8%-8.9%1.1%9.9%4.2%-12.4%21.8%19.3%21.3%46.5%
Adjusted EPS (₹)56.3-60.026.668.346.1-65.620.1-77.965.57.3
Dividend Payout Ratio (%)5.30%-3.30%0%2.90%0%0%5%-1.90%4.60%41.10%
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 1,3671,3231,3891,4361,4251,4531,5041,4321,5371,549
Share Capital 7777777777
Reserves 1,3601,3161,3821,4291,4171,4461,4971,4251,5301,542
Debt +419644440317231209140807098
Long Term Debt226189165116858072110
Short Term Debt19345527520114612968786998
Minority Interest1071781681651339987585538
Trade Payables11711476787681541088
Others Liabilities 66113697194985211310592
Total Liabilities 2,0752,3732,1422,0661,9591,9411,8381,6921,7741,784

Fixed Assets

Net Fixed Assets +783769744723748770738392383434
Gross Block9359569659791,0381,0971,097613598658
Accumulated Depreciation152187221255291327359221216224
CWIP 2216576600000
Investments 917969470352158175198209339307
Inventories32370368443206218565545
Trade Receivables14045504924610251432312
Cash Equivalents 352532301100
Others Assets 1982134914375036727951,0331,024987
Total Assets 2,0752,3732,1422,0661,9591,9411,8381,6921,7741,784
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 0-284-34-111613016119-28
PBT 59-21-307530-1818-7051-4
Adjustment 45649232511679-468
Changes in Working Capital -61-318-37-9084140159620-23
Tax Paid -2-1-15-9-23-3-21-16-16-10
Cash Flow From Investing Activity + -676526916330-91-7182121
Capex -14-21-25-50-677-20-7-45
Net Investments -5779236951505715-31-5745
Others 4758119-54-156-84398521
Cash Flow From Financing Activity + -55192-263-169-131-108-942-418
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 26-20-23-45-28-25-12-1-21-13
Interest Paid -21-45-59-38-29-26-19-11-9-10
Dividend Paid -3-2-10-100-1-1-2
Others -58259-180-86-72-57-6315-1033
Net Cash Flow -122-27-28-715-69-311-11-0
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)3.21-3.370.654.761.68-4.33.292.273.854.09
ROCE (%)5.081.641.646.173.530.474.33.534.714.99
Asset Turnover Ratio0.170.230.360.320.290.260.120.10.150.08
PAT to CFO Conversion(x)0N/A-3.78-0.014.83N/A3.290.030.16-0.44
Working Capital Days
Receivable Days148.506621.5026.5093.50127.80124.8098.7044.8047.30
Inventory Days34.40144167.40217.20205.60155.60224.3064.206.4066.30
Payable Days201.10132.4055.5073.6081.8077.50143.8086.1014.3029.30

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Riddhi Siddhi Gluco Biols Ltd FAQs

The current trading price of Riddhi Siddhi Gluco on 21-Sep-2026 16:59 is ₹751.5.

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 20-Sep-2026 the market cap of Riddhi Siddhi Gluco stood at ₹535.8 Cr

The latest P/E ratio of Riddhi Siddhi Gluco as of 20-Sep-2026 is 10.41.

The latest P/B ratio of Riddhi Siddhi Gluco as of 20-Sep-2026 is 0.31.

The 52-week high of Riddhi Siddhi Gluco is ₹862.0 and the 52-week low is ₹405.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Riddhi Siddhi Gluco is ₹138 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Riddhi Siddhi Gluco Biols Ltd is a below average quality company.

The key valuation ratios of Riddhi Siddhi Gluco Biols Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

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

About Riddhi Siddhi Gluco Biols Ltd

Riddhi Siddhi Gluco Biols is the one of innovation and adventure, of risks taken and bold decisions made. The seeds of this successful corporate conglomerate were sown in 1990 in the name of Riddhi Siddhi Chemicals Pvt Ltd. In March 1992 the name was changed to Riddhi Siddhi Chemicals Ltd. What followed was an unmatched series of innovations, achievements and accolades.

Riddhi siddhi Gluco Biols is the starch and glucose manufacturing plant of the Riddhi Siddhi Group and is the largest wet milling plant of the Indian sub continent having the highest crushing capacity with mills located at prime locations – Gokak (Karnataka) and Viramgam (Ahmedabad). The company’s core strength lies in strong customer focus and rich expertise in the field of production and quality control which underlines the organizations ongoing commitment and quest for quality products and services.

The company stands as the largest manufacturing plant producing the starch of various types, liquid glucose, dextrose Monohydrate, Maltodextrin, Dextrose syrup, High Maltose Corn Syrup and the by products like Corn Gluten meal and Enriched fiber which are used in various applications catering to different industries of Food, Textile, paper, Pharmaceuticals, Confectionaries and many more. We have a proven track record to fully understand their requirements so that our team can tailor various products to suit their needs. With adequate capacity for manufacture of all finished goods and by products, the company has vast potentials to export goods to all the neighboring countries like middle east, South East, Bangladesh, Srilanka, Nepal to name a few.

Products range of the company includes:

  • Maize Starch Starch is a carbohydrate which occurs in all vegetable matter and is found in commercially recoverable quantities in Maize, Tapioca, Potato, Wheat, and Rice. MAIZE STARCH is a white or creamy powder having various direct and indirect applications in industries. Starch can be modified to suit individual requirement of the users and such starches are known as chemical starches/Dextrin.
  • Co - Products Corn Germ / Oil-Corn Gluten-Corn Fibre-Corn Steep Liquor
  • Liquid Glucose Liquid Glucose is a mixture of Glucose, Maltose and Maltodextrin and Oligosaccharides. It is a colorless, odorless, viscous sweet syrup, mainly used in confectionery and pharmaceuticals industry as a sweetener and bonding agent. It is a combination of mono, di, tri, penta and higher saccharides.
  • Maltodextrin Maltodextrin is a starch hydrolysis product ranging up to 20 DE. The main characteristic of this carbohydrate is that it provides body to a food product without appreciably increasing the sweetness while retaining the calorific value. Another characteristic of Maltodextrin subject to medical confirmation is that this carbohydrate is more easily digested and more easily tolerated by the diabetic persons.
  • Dextrose Monohydrate Dextrose Monohydrate is commercially produced by enzymatic hydrolysis of starch. It is a white free flowing crystalline powder. DMH find applications mainly in the manufacture of instant energy drinks, Dextrose Anhydrous and Pharmaceuticals like Sorbitol and Fermentation stage of manufacturing of anti-biotics Its uses are many and varied.
  • Glucose - D Glucose-D is manufactured by blending Dextrose Monohydrate with tri-calcium phosphate, di-calcium phosphate and vitamin D3. Glucose-D is used as instant energy beverage.
  • Dextrose Syrup Dextrose syrup is commercially produced by hydrolysis of starch and through enzymatic process. Dextrose Syrup have extensively use in breweries and fermentation process (fermentation process is widely used in pharmaceuticals industries for manufacturing antibiotic drugs and penicillin).

Milestones:

  • 1993- 94 Commenced manufacturing operations at Viramgam (Ahmedabad).
  • 1994- 95  Liquid Glucose Plant at Viramgam (Ahmedabad).
  • 1995- 96 Acquired K G Gluco Biols Ltd., Gokak. (Glaxo KSIIDC)
  • 1996- 97 Addition of Starch Drying facility at Gokak.
  • 1997- 98 Stabilization and balancing of Operations at Gokak.
  • 1998- 99 Increase in capacity of Maltodextrine at Gokak.
  • 1999- 00 Addition of Dextrose Syrup and increase in capacity of Dextrose Monohydrate and Liquid Glucose.
  • 2001- 02 Implementation of 6.2 MW Captive Co-generation Power Plant.
  • 2002- 03  Expanded Crushing Capacity of Gokak plant to make it India's largest Corn Wet Milling Plant.
  • 2003- 04 Addition of High Maltose Corn Syrup plant at Viramgam (Ahmedabad)
  • 2004- 05 Capacity enhancement of Liquid Glucose plant at Gokak.
  • 2005- 06 Acquisition of Biopolymer Division from Hindustan Lever Ltd at Pondicherry.Further expanded crushing capacity of Gokak Plant from 500 Tpd To 750 Tpd Roped in Roquette Freres of France As the strategic investor.One Star Export house accredition.
  • 2010 - Gogak Unit started operations.
  • 2012-13 - Integration with Roquette Frères

The products of the company find applications in:

  • Food Industry
  • Textile Industry
  • Paper Industry
  • Pharmaceutical Industry
  • Other Industries:- Maize Germ , Gluten, Dextrose Monohydrate 

Achievements/ recognition:

An ISO 9001:2000 certified company

You have 48 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now