Riddhi Corporate

What does Riddhi Corporate do?

Riddhi Corporate Services Ltd, a Micro Cap company founded in 2010, operates in the Computers - Software & Consulting industry, reporting net sales of 67 Cr and a profit of 2 Cr for the quarter ending March 2025. Key metrics include a P/E of 5.00 and a market cap of Rs 69 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 in 2010 as "Riddhi Corporate Services Private Limited" in Ahmedabad. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 67 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 2 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 69 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 5.00 <BR>Industry P/E: 39 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 1.62 <BR>Return on Equity: 22.91% <BR>Price to Book: 1.17 <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

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.

Who are the peers of the Riddhi Corporate?

Riddhi Corporate's peers include TCS, Infosys, HCL Technologies, Wipro, Tech Mahindra, Palred Technolog, Adroit Info, Ram Info, and Synoptics Techno. HCL Technologies leads in 1-year returns at 24.61%, while Riddhi Corporate has a return of -33.11%.

Peers: The peers of Riddhi Corporate are TCS, Infosys, HCL Technologies, Wipro, Tech Mahindra, Palred Technolog, Adroit Info., Ram Info, and Synoptics Techno.<BR><BR>Quality Snapshot: Excellent management risk is observed at TCS and Infosys, while Good management risk is found at Wipro, Tech Mahindra, and Synoptics Techno. Average management risk is noted at HCL Technologies and Ram Info, and Average management risk is present at Palred Technolog. Riddhi Corporate and Adroit Info. have Good and Below Average growth respectively, while the rest exhibit Below Average growth. Excellent capital structure is seen at TCS, Infosys, HCL Technologies, Wipro, Tech Mahindra, and Ram Info, while Below Average capital structure is noted at Riddhi Corporate, Palred Technolog, and Adroit Info.<BR><BR>Return Snapshot: HCL Technologies has the highest 1-year return at 24.61%, while Palred Technolog has the lowest at -46.07%. Riddhi Corporate's 1-year return is -33.11%, which is higher than Palred Technolog's but lower than HCL Technologies'. Additionally, Wipro, Tech Mahindra, Palred Technolog, Adroit Info., Ram Info, and Riddhi Corporate all have negative six-month returns.

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.

Who are in the management team of Riddhi Corporate?

As of March 2022, 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, along with Mustafa M Sibatra as Company Secretary & Compliance Officer. This team is responsible for the company's operations and governance.

As of March 2022, the management team of Riddhi Corporate includes the following individuals:<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>This team oversees the company's operations and governance.

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.

How big is Riddhi Corporate?

As of 24th July, Riddhi Corporate Services Ltd has a market capitalization of 78.00 Cr, with recent net sales of 81.46 Cr and a net profit of 1.48 Cr over the last four quarters.

As of 24th July, <BR><BR>Market Cap: Riddhi Corporate Services Ltd has a market capitalization of 78.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 81.46 Cr, while the sum of Net Profit for the same period is 1.48 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2019. Shareholder's Funds stand at 23.76 Cr, and Total Assets are valued at 44.11 Cr.

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.

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.

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.

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

Why is Riddhi Corporate Services Ltd falling/rising?

As of 16-Mar, Riddhi Corporate Services Ltd's stock price is at Rs 56.40, reflecting a 2.88% decrease and a new 52-week low of Rs 55.25. The stock has consistently underperformed against benchmark indices, with significant declines over various time frames, despite reporting positive quarterly results.

As of 16-Mar, Riddhi Corporate Services Ltd's stock price is falling, currently at Rs 56.40, which reflects a decrease of Rs 1.67 or 2.88%. The stock has been on a downward trend, having lost 6% over the last two days and opening with a significant gap down of 4.86% today. Additionally, the stock hit a new 52-week low of Rs 55.25 during intraday trading.<BR><BR>The performance of Riddhi Corporate Services Ltd has been consistently poor compared to the benchmark indices. Over the past week, the stock has declined by 7.08%, while the Sensex has only fallen by 2.66%. In the last month, the stock's decline of 14.55% starkly contrasts with the Sensex's 9.34% decrease. Year-to-date, the stock is down 23.17%, compared to an 11.40% drop in the Sensex. Over the past three years, the stock has plummeted by 79.01%, while the benchmark has gained 31.00%.<BR><BR>Investor participation has also waned, with delivery volume dropping by 40.95% against the five-day average, indicating a lack of interest among investors. Furthermore, the stock is trading below all its moving averages, which suggests a bearish trend.<BR><BR>Despite the company reporting positive results for the last six consecutive quarters, including significant growth in net sales and profit before tax, the overall sentiment remains negative due to weak long-term fundamentals. The average return on capital employed (ROCE) is low at 6.28%, and the company's ability to service its debt is considered weak. This combination of factors contributes to the stock's ongoing decline.

Which are the latest news on Riddhi Corporate?