Riddhi Corporate Services (BSE 540590)₹53.10−3.26%IT Enabled Services
In the Mar 2026 quarter (standalone), Riddhi Corporate Services reported sales of ₹138 Cr, up 103.9% from Mar 2025, and net profit of ₹1.68 Cr, down 29.4% year on year. For the year to Mar 2026, sales were ₹515 Cr and net profit ₹9.03 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 47.27 | 44.57 | 30.43 | 52.26 | 62.32 | 66.70 | 59.88 | 67.69 | 108 | 134 | 136 | 138 |
| Expenses | 38.95 | 37.62 | 22.61 | 45.64 | 54.78 | 59.30 | 53.38 | 59.64 | 103 | 129 | 130 | 134 |
| Operating Profit | 8.25 | 6.89 | 7.78 | 6.58 | 7.47 | 7.42 | 6.45 | 7.96 | 4.51 | 5.22 | 6.07 | 4.17 |
| OPM % | 17.6% | 15.7% | 25.8% | 12.7% | 12.1% | 11.2% | 10.9% | 11.9% | 4.2% | 3.9% | 4.5% | 3.1% |
| Other Income | 1.19 | 1.50 | 0.69 | 1.53 | 0.88 | 0.81 | 7.10 | 2.90 | 3.24 | 4.34 | 0.89 | 1.00 |
| Interest | 1.93 | 1.99 | 1.86 | 1.87 | 1.82 | 1.78 | 1.78 | 1.69 | 1.74 | 1.42 | 0.73 | 0.85 |
| Depreciation | 5.28 | 5.04 | 4.49 | 4.46 | 4.45 | 4.43 | 4.50 | 5.13 | 4.55 | 3.95 | 2.32 | 2.10 |
| Profit before tax | 2.26 | 1.37 | 2.15 | 1.80 | 2.11 | 2.02 | 7.27 | 4.07 | 1.48 | 4.21 | 3.95 | 2.24 |
| Tax % | 25.3% | 25.4% | 25.3% | 53.1% | 24.8% | 24.6% | −10.8% | 41.9% | 10.2% | 26.0% | 27.4% | 25.6% |
| Net Profit | 1.69 | 1.04 | 1.61 | 0.84 | 1.60 | 1.54 | 8.07 | 2.38 | 1.33 | 3.12 | 2.87 | 1.68 |
| EPS (Rs) | 1.43 | 0.88 | 1.36 | 0.71 | 1.35 | 1.30 | 6.81 | 2.01 | 1.12 | 2.63 | 2.42 | 1.42 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 42.16 | 67.25 | 20.07 | 50.19 | 81.36 | 86.33 | 109 | 201 | 168 | 256 | 515 | 515 |
| Expenses | 36.12 | 65.25 | 19.08 | 47.16 | 77.31 | 82.28 | 94.36 | 163 | 137 | 227 | 495 | 495 |
| Operating Profit | 4.98 | 2.99 | 0.99 | 2.99 | 3.99 | 3.99 | 14.95 | 38.88 | 29.89 | 28.88 | 19.91 | 19.97 |
| OPM % | 13.0% | 4.3% | 7.0% | 6.0% | 4.4% | 4.5% | 14.0% | 19.0% | 18.1% | 12.0% | 3.9% | 3.9% |
| Other Income | 0.00 | 2.01 | 0.99 | 0.99 | −2.01 | 3.99 | 7.99 | 1.01 | 5.01 | 12.01 | 9.01 | 9.47 |
| Interest | 0.00 | 1.01 | 1.01 | 1.01 | 0.00 | 1.01 | 4.02 | 9.04 | 8.03 | 7.02 | 5.02 | 4.74 |
| Depreciation | 0.00 | 0.99 | 0.00 | 0.00 | 0.00 | 2.99 | 10.99 | 19.97 | 18.97 | 18.98 | 12.98 | 12.92 |
| Profit before tax | 4.99 | 4.01 | 1.01 | 3.01 | 1.01 | 5.01 | 8.01 | 11.01 | 8.01 | 15.01 | 12.01 | 11.88 |
| Tax % | 39.0% | 40.0% | 31.0% | 24.0% | 154.0% | 35.0% | 26.0% | 24.0% | 32.0% | 12.0% | 24.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.02 | −0.71 | −1.90 | 0.74 | −0.41 | −0.06 | 0.02 | 0.04 | 0.00 | — |
| Net Profit | 3.01 | 2.01 | 1.01 | 3.01 | −1.01 | 3.01 | 6.01 | 8.03 | 5.01 | 14.02 | 9.03 | 9.00 |
| EPS (Rs) | — | 3.08 | 0.83 | 2.27 | −0.49 | 2.73 | 5.15 | 7.12 | 4.34 | 11.45 | 7.57 | 7.59 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 9.0% | 0.0% | 0.0% | 9.9% | 0.0% | 10.9% | 0.0% | 6.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.02 | 0.02 | 2.01 | 3.01 | 11.04 | 11.03 | 11.04 | 11.04 | 12.05 | 12.03 | 12.04 | 12.03 |
| Reserves | 4.98 | 7.97 | 7.97 | 19.94 | 13.95 | 13.95 | 16.94 | 22.96 | 39.97 | 43.88 | 56.86 | 64.78 |
| Borrowings | 0.99 | 1.99 | 2.99 | 5.98 | 3.99 | 4.98 | 7.97 | 141 | 125 | 110 | 93.75 | 32.90 |
| Other Liabilities | 13.00 | 12.01 | 16.99 | 4.02 | 7.96 | 9.98 | 15.00 | 28.13 | 21.10 | 29.14 | 31.15 | 67.15 |
| Total Liabilities | 18.98 | 21.98 | 29.96 | 33.95 | 37.94 | 39.94 | 50.95 | 203 | 198 | 196 | 194 | 176 |
| Fixed Assets | 0.99 | 1.01 | 0.99 | 0.99 | 0.99 | 1.99 | 8.99 | 140 | 120 | 104 | 96.92 | 40.97 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 8.99 | 10.98 | 23.97 | 21.98 | 13.99 | 20.99 | 23.96 | 34.97 | 0.00 | 0.00 | 0.00 |
| Other Assets | 17.99 | 10.98 | 17.99 | 9.99 | 14.97 | 23.96 | 20.97 | 38.98 | 42.97 | 90.97 | 95.88 | 134 |
| Trade receivables | 10.03 | 10.04 | 16.07 | 5.02 | 3.01 | 4.02 | 3.01 | 18.07 | 14.04 | 37.13 | 42.18 | 45.14 |
| Cash & equivalents | 7.01 | 1.01 | 0.00 | 1.01 | 6.01 | 10.03 | 4.01 | 3.01 | 3.01 | 14.02 | 19.03 | 19.04 |
| Total Assets | 18.98 | 21.98 | 29.96 | 33.95 | 37.94 | 39.94 | 50.95 | 203 | 198 | 196 | 194 | 176 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 2.99 | 3.99 | 0.00 | −2.99 | 4.99 | −0.99 | 5.99 | 11.96 | −18.94 | 21.94 | 36.93 | 23.95 |
| Cash from investing activity | 0.00 | −6.01 | −1.01 | −12.03 | 2.01 | 5.02 | −10.02 | −4.01 | −11.03 | −8.02 | −9.02 | 46.14 |
| Cash from financing activity | 0.00 | 0.00 | 0.00 | 14.96 | −1.99 | 0.00 | −1.99 | −9.97 | 29.94 | −13.97 | −22.95 | −60.81 |
| Net cash flow | 2.01 | −2.01 | 0.00 | 0.00 | 5.02 | 4.01 | −6.02 | −1.01 | 0.00 | 0.00 | 5.01 | 8.02 |
| Capex | 0.45 | 1.08 | 0.20 | 0.19 | 0.46 | 1.22 | 0.00 | 0.00 | 0.00 | 2.69 | 9.73 | 0.00 |
| Free cash flow | 1.99 | 2.99 | 0.00 | −2.99 | 4.99 | −1.99 | 0.00 | 9.98 | −18.94 | 18.94 | 27.90 | 66.81 |
| CFO / OP % | 95.0% | 98.0% | 63.0% | −160.0% | 210.0% | 6.0% | 141.0% | 105.0% | −40.0% | 80.0% | 139.0% | 135.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 130 | 86 | 89 | 91 | 20 | 19 | 13 | 60 | 26 | 81 | 61 | 32 |
| Inventory days | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash conversion cycle | 129 | 85 | 88 | 90 | 19 | 18 | 12 | 59 | 25 | 80 | 60 | 31 |
| Working capital days | −30 | −21 | −1 | −43 | −30 | −17 | −37 | −48 | −16 | 51 | 28 | 34 |
| ROCE % | 76.1% | 69.0% | 42.1% | 10.1% | 16.1% | 16.0% | 13.1% | 11.1% | 11.1% | 9.1% | 14.1% | 12.0% |
For the Mar 2026 quarter, Riddhi Corporate Services reported sales of ₹138 Cr, up 103.9% year on year and net profit of ₹1.68 Cr, down 29.4% year on year. The operating margin was 3.1%.
Riddhi Corporate Services' sales for the year to Mar 2026 were ₹515 Cr; over the last twelve months they were ₹515 Cr.
Net profit for the year to Mar 2026 was ₹9.03 Cr, and ₹9 Cr over the last twelve months. Earnings per share over the same trailing period were ₹7.59.
Riddhi Corporate Services reported borrowings of ₹32.90 Cr at Mar 2026, against cash and equivalents of ₹19.04 Cr.
Cash from operations was ₹23.95 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹66.81 Cr.