Riddhi Corporate

Why is Riddhi Corporate Services Ltd falling/rising?

As of 20-Jun, Riddhi Corporate Services Ltd's stock price is at Rs 60.50, down 4.21%, and has underperformed the Sensex, which gained 1.69%. The stock is in a bearish trend, trading below key moving averages, with a year-to-date decline of 17.59%.

As of 20-Jun, Riddhi Corporate Services Ltd's stock price is falling, currently at Rs 60.50, which reflects a decrease of Rs 2.66 or 4.21%. The stock has underperformed compared to the benchmark Sensex, which has gained 1.69% over the past week while Riddhi's stock has declined by 2.42%. <BR><BR>The stock's performance today indicates a significant drop, with an intraday low of Rs 60.13, marking a decrease of 4.8%. Additionally, Riddhi Corporate is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which suggests a bearish trend. <BR><BR>Despite a notable increase in investor participation, with delivery volume rising by 231.3% against the 5-day average, the overall sentiment remains negative as the stock has experienced a year-to-date decline of 17.59%, compared to a smaller decline of 9.88% in the Sensex. This combination of underperformance relative to the market and the stock trading below key moving averages contributes to the ongoing decline in Riddhi Corporate Services Ltd's stock price.

Which are the latest news on Riddhi Corporate?

What does Riddhi Corporate do?

Riddhi Corporate Services Ltd is a Micro Cap company in the Computers - Software & Consulting industry, reporting net sales of 138 Cr and a net profit of 2 Cr for the quarter ending March 2026. It was incorporated in 2010 and has a market cap of INR 73 Cr.

Overview:<BR>Riddhi Corporate Services Ltd operates in the Computers - Software & Consulting industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>The company was incorporated as "Riddhi Corporate Services Private Limited" in 2010 in Ahmedabad. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 138 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 2 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 73 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 8.00<BR>- Industry P/E: 23<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.17<BR>- Return on Equity: 11.70%<BR>- Price to Book: 0.94<BR><BR>Contact Details:<BR>- Address: 10 Mill Officers Colony, Behind Old RBI Ashram Road Ahmedabad Gujarat : 380009<BR>- Tel: 91-79-26580767<BR>- Email: investor@rcspl.net<BR>- Website: http://www.riddhicorporate.co.in

How big is Riddhi Corporate?

As of 10th June, Riddhi Corporate Services Ltd has a market capitalization of 73.00 Cr, with recent net sales of 81.46 Cr and a net profit of 1.48 Cr.

As of 10th June, Riddhi Corporate Services Ltd has a market capitalization of 73.00 Cr, categorizing it as a Micro Cap company.<BR><BR>For the latest four quarters, the company reported Net Sales of 81.46 Cr and a Net Profit of 1.48 Cr.<BR><BR>The latest annual period for the balance sheet is March 2019, with Shareholder's Funds amounting to 23.76 Cr and Total Assets totaling 44.11 Cr.

Who are in the management team of Riddhi Corporate?

The management team of Riddhi Corporate includes Pravinchandra K Gor (Chairman & Managing Director), Alpitkumar P Gor (Whole-time Director), Umesh Arvindbhai Bhadreswara (Director), and several Independent Directors: Kalpana Dipakbhai Suthar, Jashubhai M Patel, and Bhavin Kiritkumar Pandya, along with Mustafa M Sibatra (Company Secretary & Compliance Officer).

The management team of Riddhi Corporate includes the following members:<BR><BR>1. **Pravinchandra K Gor** - Chairman & Managing Director<BR>2. **Alpitkumar P Gor** - Whole-time Director<BR>3. **Umesh Arvindbhai Bhadreswara** - Director<BR>4. **Kalpana Dipakbhai Suthar** - Independent Director<BR>5. **Jashubhai M Patel** - Independent Director<BR>6. **Bhavin Kiritkumar Pandya** - Independent Director<BR>7. **Mustafa M Sibatra** - Company Secretary & Compliance Officer<BR><BR>If you need more details about their roles or responsibilities, feel free to ask!

Who are the peers of the Riddhi Corporate?

Riddhi Corporate's peers include Identixweb, Accel, Edvenswa Enter, Handson Global, Orchasp Ltd, SecureKloud Tech, Cadsys (India), Paramatrix Tech, ROX Hi-Tech, and Trust Fintech. Riddhi Corporate has average management risk and a 1-year return of -6.41%, better than Edvenswa Enter but worse than Identixweb.

Peers: The peers of Riddhi Corporate are Identixweb, Accel, Edvenswa Enter, Handson Global, Orchasp Ltd, SecureKloud Tech, Cadsys (India), Paramatrix Tech., ROX Hi-Tech, and Trust Fintech.<BR><BR>Quality Snapshot: Excellent management risk is observed at Identixweb and ROX Hi-Tech, while Average management risk is found at Riddhi Corporate and Accel. Below Average management risk is noted at Edvenswa Enter, Handson Global, Orchasp Ltd, SecureKloud Tech, Cadsys (India), Paramatrix Tech., and Trust Fintech. Growth is Excellent at Riddhi Corporate, Good at Identixweb, Accel, and ROX Hi-Tech, and Below Average at Edvenswa Enter, Handson Global, Orchasp Ltd, SecureKloud Tech, Cadsys (India), and Paramatrix Tech. Capital Structure is Excellent at Edvenswa Enter, Good at Identixweb, Handson Global, and Paramatrix Tech., and Below Average at Riddhi Corporate, Accel, Orchasp Ltd, SecureKloud Tech, Cadsys (India), and Trust Fintech.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Identixweb at -8.67%, while the peer with the lowest is Edvenswa Enter at -48.98%. Riddhi Corporate's 1-year return is -6.41%, which is better than Edvenswa Enter but worse than Identixweb. Additionally, the six-month return is negative for Edvenswa Enter, Handson Global, Orchasp Ltd, SecureKloud Tech, and the rest.

Should I buy, sell or hold Riddhi Corporate Services Ltd?

When is the next results date for Riddhi Corporate Services Ltd?

The next results date for Riddhi Corporate Services Ltd is 14 February 2026.

The next results date for Riddhi Corporate Services Ltd is scheduled for 14 February 2026.

How has been the historical performance of Riddhi Corporate?

Riddhi Corporate's historical performance from March 2019 to March 2020 showed significant growth, with net sales increasing to 81.47 Cr from 59.53 Cr, and profit after tax rising to 1.45 Cr from 0.81 Cr. The company also improved its operating profit margin and cash flow, indicating strong financial health.

Answer:<BR>The historical performance of Riddhi Corporate shows a positive trend in key financial metrics from March 2019 to March 2020.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2020, Riddhi Corporate reported net sales of 81.47 Cr, an increase from 59.53 Cr in March 2019. The total operating income mirrored this growth, reaching 81.47 Cr compared to 59.53 Cr the previous year. Total expenditure, excluding depreciation, rose to 77.91 Cr from 58.79 Cr, primarily driven by an increase in employee costs from 32.84 Cr to 50.71 Cr. Operating profit (PBDIT) also improved significantly, rising to 4.83 Cr from 2.13 Cr, with an operating profit margin of 4.37%, up from 1.24%. Profit before tax increased to 3.57 Cr from 1.07 Cr, leading to a profit after tax of 1.45 Cr, compared to 0.81 Cr in the prior year. The earnings per share (EPS) rose to 1.32 from 0.85, reflecting a solid performance. On the balance sheet, total liabilities increased to 44.11 Cr from 38.48 Cr, while total assets also grew to 44.11 Cr, maintaining a balance. Cash flow from operating activities improved to 6.00 Cr from a negative 3.07 Cr, indicating better cash management. Overall, Riddhi Corporate demonstrated a robust financial performance with significant growth in sales, profits, and cash flow.

Are Riddhi Corporate latest results good or bad?

Riddhi Corporate's latest results show strong sales growth of 72.45% year-on-year, reaching Rs 107.11 crore, but profitability is a concern with a loss of Rs -1.76 crore and a declining operating profit margin. Overall, while sales are up, the decline in profitability raises concerns about the company's financial outlook.

Riddhi Corporate's latest results present a mixed picture. On the positive side, the company achieved net sales of Rs 107.11 crore for the quarter ending June 2025, which is a remarkable year-on-year growth of 72.45%. This marks the highest quarterly sales in the last five quarters, indicating a strong upward trend in sales performance.<BR><BR>However, there are significant challenges in terms of profitability. The profit before tax, excluding other income, reported a loss of Rs -1.76 crore, which is a drastic decline of 243.09% year-on-year. This suggests a negative trend in profitability. Additionally, the operating profit margin has decreased to 4.23%, the lowest in five quarters, indicating a decline in operational efficiency. The earnings per share (EPS) also fell to Rs 1.11, further emphasizing the struggles in profitability.<BR><BR>On a positive note, the company's debt-equity ratio has improved to 1.37 times, reflecting a reduction in borrowing relative to equity capital. Overall, while the sales growth is impressive, the decline in profitability and operational metrics indicates that the financial outlook is somewhat concerning.

Who are the top shareholders of the Riddhi Corporate?

The top shareholders of Riddhi Corporate include Alpit Pravinchandra Gor with 23.06%, Circuitforge Solutions Private Limited at 3.48%, and individual investors holding 22.74%. There is also one Foreign Institutional Investor with 1.18%, and no pledged promoter holdings or mutual fund involvement.

The top shareholders of Riddhi Corporate include the promoters, who hold the majority of the shares. The promoter with the highest holding is Alpit Pravinchandra Gor, who owns 23.06% of the company. Additionally, Circuitforge Solutions Private Limited is the highest public shareholder with a stake of 3.48%. There is also a notable presence of individual investors, who collectively hold 22.74% of the shares. On the institutional side, one Foreign Institutional Investor (FII) holds 1.18% of the company. There are no pledged promoter holdings and no mutual funds currently involved.

Is Riddhi Corporate overvalued or undervalued?

As of December 5, 2023, Riddhi Corporate is considered very attractive and undervalued with a PE ratio of 5.25, strong financial ratios, and a compelling investment opportunity despite a YTD return of -17.82%.

As of 5 December 2023, Riddhi Corporate's valuation grade has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued based on its strong financial ratios, including a PE ratio of 5.25, an EV to EBITDA of 5.68, and a PEG ratio of 0.03, which suggests that the stock is trading at a low price relative to its earnings growth potential.<BR><BR>In comparison to its peers, Riddhi Corporate's PE ratio is notably lower than the industry average, with competitors showing higher valuations such as a peer with a PE of 5.68. Additionally, the company's ROE stands at an impressive 22.91%, further supporting its undervaluation narrative. Despite recent underperformance against the Sensex, with a YTD return of -17.82% compared to the Sensex's 5.61%, the strong fundamentals suggest that Riddhi Corporate presents a compelling investment opportunity at its current price of 59.50.

What is the technical trend for Riddhi Corporate?

As of June 6, 2025, Riddhi Corporate's technical trend is mildly bearish, with bearish weekly MACD and moving averages, while the monthly MACD shows mild bullishness, indicating mixed signals and weak upward potential.

As of 6 June 2025, the technical trend for Riddhi Corporate has changed from bearish to mildly bearish. The weekly MACD remains bearish, while the monthly MACD shows a mildly bullish stance, indicating some potential for upward movement in the longer term. The Bollinger Bands are mildly bearish on both weekly and monthly time frames, suggesting continued pressure on the price. Daily moving averages are bearish, reinforcing the short-term negative outlook. The KST is bearish weekly but mildly bullish monthly, which adds to the mixed signals. Overall, the current technical stance is mildly bearish with weak strength, driven primarily by the bearish indicators in the weekly MACD and moving averages.

What is the bonus history of the Riddhi Corporate?

Riddhi Corporate issued a bonus on January 21, 2019, in the ratio of 25:10, meaning shareholders received 25 additional shares for every 10 shares held, with a record date of January 22, 2019.

Riddhi Corporate has a bonus history that includes a notable issue on January 21, 2019. The company announced a bonus in the ratio of 25:10, with the record date set for January 22, 2019. This means that for every 10 shares held, shareholders received an additional 25 shares. If you have any more questions about Riddhi Corporate or its financial activities, feel free to ask!

Has Riddhi Corporate declared dividend?

Riddhi Corporate has declared a 4% dividend, with an ex-date of September 20, 2024. However, total returns over various periods show significant losses, indicating challenges in the company's financial health.

Riddhi Corporate has declared a 4% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 4%<BR>- Ex-date: 20 Sep 24<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -3.34%, with a dividend return of 0%, resulting in a total return of -3.34%.<BR><BR>Over the past year, the price return was -28.73%, with a dividend return of 0%, leading to a total return of -28.73%.<BR><BR>In the 2-year period, the price return was -72.45%, and the dividend return was 0%, resulting in a total return of -72.45%.<BR><BR>For the 3-year period, the price return was -53.9%, with a dividend return of 0.31%, culminating in a total return of -53.59%.<BR><BR>In the 4-year period, the price return was -63.68%, and the dividend return was 0%, resulting in a total return of -63.68%.<BR><BR>Over the last 5 years, the price return was -68.44%, with a dividend return of 0.22%, leading to a total return of -68.22%.<BR><BR>Overall, while Riddhi Corporate has declared a dividend, the total returns over various periods indicate significant losses, particularly in price performance, suggesting challenges in the company's financial health.