Riddhi Corporate Services Limited

About

Riddhi Corporate Services Limited provides document management, inbound and outbound contact center, data entry, software development, logistics, transportation, verification, and recruitment services in India. It provides procurement services comprising supplier, purchase order, and compliance and risk management; human resources management services, including recruitment, onboarding, and payroll services, as well as employee self-services portal; back office service comprising data entry and document management; verification services, such as address and android based verification services; logistics services, which includes last mile delivery and third party logistics services; warehousing services; and call center services, such as inbound, outbound call center, and quality assurance services. The company also provides various services, such as document digitalization, airport ancillary, field, and web and data enabled services. In addition, it offers various products, which includes employee remote process, human resource management system, asset lifecycle management, data entry system, information technology, and software developments to corporate clients. Riddhi Corporate Services Limited was incorporated in 2010 and is based in Ahmedabad, India.

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	52.05	137.50	135.26	133.55	107.11	67.42	59.68	66.47	62.11	52.09	30.32	44.37	47.10
Expenses	49.29	134.06	129.17	128.31	102.58	59.43	53.21	59.03	54.61	45.49	22.51	37.45	38.82
Operating Profit	2.76	3.44	6.09	5.24	4.53	7.99	6.47	7.44	7.50	6.60	7.81	6.92	8.28
OPM %	5.30	2.50	4.50	3.92	4.23	11.85	10.84	11.19	12.08	12.67	25.76	15.60	17.58
Other Income	0.55	0.99	0.90	4.33	3.23	2.89	7.09	0.80	0.87	1.52	0.68	1.49	1.18
Depreciation	2.03	2.11	2.33	3.96	4.56	5.14	4.51	4.44	4.46	4.47	4.50	5.05	5.29
Interest	0.74	0.84	0.72	1.41	1.73	1.68	1.77	1.77	1.81	1.86	1.85	1.98	1.92
Profit before tax	0.54	1.48	3.94	4.20	1.47	4.06	7.28	2.03	2.10	1.79	2.14	1.38	2.25
Tax %	18.52	-29.73	27.41	25.95	10.20	41.87	-10.85	24.63	24.76	53.07	25.23	25.36	25.33
Net Profit	0.44	1.92	2.86	3.11	1.32	2.37	8.06	1.53	1.59	0.83	1.60	1.03	1.68
EPS in Rs	0.37	1.62	2.41	2.62	1.11	2.00	6.79	1.29	1.34	0.70	1.35	0.87	1.42

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	513.00	255.00	167.00	200.00	109.00	86.00	81.00	50.00	20.00	67.00	42.00	27.00
Expenses	494.00	226.00	137.00	162.00	94.00	82.00	77.00	47.00	19.00	65.00	36.00	23.00
Operating Profit	19.00	29.00	30.00	39.00	15.00	4.00	4.00	3.00	1.00	3.00	5.00	4.00
OPM %	3.80	12.00	18.00	19.00	14.00	4.50	4.40	6.00	7.00	4.30	13.00	14.00
Other Income	9.00	12.00	5.00	1.00	8.00	4.00	-2.00	1.00	1.00	2.00	0.00	0.00
Interest	5.00	7.00	8.00	9.00	4.00	1.00	0.00	1.00	1.00	1.00	0.00	0.00
Depreciation	13.00	19.00	19.00	20.00	11.00	3.00	0.00	0.00	0.00	1.00	0.00	0.00
Profit before tax	11.00	15.00	8.00	11.00	8.00	5.00	1.00	3.00	1.00	4.00	5.00	4.00
Tax %	17.00	12.00	32.00	24.00	26.00	35.00	154.00	24.00	31.00	40.00	39.00	24.00
Net Profit	9.00	14.00	5.00	8.00	6.00	3.00	-1.00	3.00	1.00	2.00	3.00	3.00
EPS in Rs	7.76	11.42	4.33	7.10	5.13	2.72	-0.48	2.26	0.82	3.07	—	—
Dividend Payout %	6.00	0.00	11.00	0.00	10.00	0.00	0.00	9.00	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	12.00	12.00	12.00	12.00	11.00	11.00	11.00	11.00	3.00	2.00	0.01	0.01
Reserves	65.00	57.00	44.00	40.00	23.00	17.00	14.00	14.00	20.00	8.00	8.00	5.00
Borrowings	33.00	94.00	110.00	125.00	141.00	8.00	5.00	4.00	6.00	3.00	2.00	1.00
Other Liabilities	67.00	31.00	29.00	21.00	28.00	15.00	10.00	8.00	4.00	17.00	12.00	13.00
Total Liabilities	176.00	194.00	196.00	198.00	203.00	51.00	40.00	38.00	34.00	30.00	22.00	19.00
Fixed Assets	41.00	97.00	104.00	120.00	140.00	9.00	2.00	1.00	1.00	1.00	1.00	1.00
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	0.00	0.00	35.00	24.00	21.00	14.00	22.00	24.00	11.00	9.00	0.00
Other Assets	134.00	96.00	91.00	43.00	39.00	21.00	24.00	15.00	10.00	18.00	11.00	18.00
Total Assets	176.00	194.00	196.00	198.00	203.00	51.00	40.00	38.00	34.00	30.00	22.00	19.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	24.00	37.00	22.00	-19.00	12.00	6.00	-1.00	5.00	-3.00	0.00	4.00	3.00
Cash from Investing Activity	46.00	-9.00	-8.00	-11.00	-4.00	-10.00	5.00	2.00	-12.00	-1.00	-6.00	0.00
Cash from Financing Activity	-61.00	-23.00	-14.00	30.00	-10.00	-2.00	0.00	-2.00	15.00	0.00	0.00	0.00
Net Cash Flow	8.00	5.00	0.00	0.00	-1.00	-6.00	4.00	5.00	0.00	0.00	-2.00	2.00
Free Cash Flow	67.00	28.00	19.00	-19.00	10.00	0.00	-2.00	5.00	-3.00	0.00	3.00	2.00
CFO/OP %	140.00	139.00	80.00	-40.00	105.00	141.00	6.00	210.00	-160.00	63.00	98.00	95.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	32.00	61.00	81.00	26.00	60.00	13.00	19.00	20.00	91.00	89.00	86.00	130.00
Inventory Days	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
Cash Conversion Cycle	32.00	61.00	81.00	26.00	60.00	13.00	19.00	20.00	91.00	89.00	86.00	130.00
Working Capital Days	34.00	28.00	51.00	-16.00	-48.00	-37.00	-17.00	-30.00	-43.00	-1.00	-21.00	-30.00
ROCE %	12.00	14.00	9.00	11.00	11.00	13.00	16.00	16.00	10.00	42.00	69.00	76.00

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	68.28	68.28	68.28	68.28	68.28	68.28	68.28	68.28	68.28	68.28	68.28	68.28
FIIs	1.60	1.60	1.60	1.60	1.18	1.18	1.18	1.18	0.00	0.00	0.00	1.26
Public	30.12	30.12	30.13	30.13	30.55	30.55	30.54	30.55	31.72	31.74	31.73	30.46
No. of Shareholders	2,659	2,735	2,861	2,913	2,997	2,919	2,754	2,562	2,132	1,659	1,523	1,086

Corporate Actions

6 records

Action	Ex Date	Record Date	Ratio	Amount (₹)
Dividend	19 Sep 2025	20 Sep 2025	—	0.49
Dividend	20 Sep 2024	—	—	0.49
Dividend	24 Nov 2023	24 Nov 2023	—	0.49
Dividend	21 Sep 2022	—	—	0.49
Bonus	21 Jan 2019	22 Jan 2019	25:10	—
Dividend	19 Sep 2018	—	—	0.20

Announcements

5 filings

Reg. 34 (1) Annual Report. 7 Sep
07 Sep 2026
Appointment Of Scrutinizer For 16Th Annual General Meeting Of The Company
05 Sep 2026 5 Sep - 16th AGM on 28 Sep 2026; final dividend ₹0.49/share; MD and WTD reappointment proposed.
Corporate Action - AGM/Evoting/Dividend Purposes - Book Closure
05 Sep 2026 5 Sep - 16th AGM on 28 Sep 2026; book closure 22-28 Sep; MD and WTD reappointed, final dividend Rs0.49.
Intimation For 16Th Annual General Meeting
05 Sep 2026 5 Sep - Board approved 16th AGM on 28 Sep 2026, final dividend Rs0.49, and reappointed MD, WTD.
Reappointment Of Managing Director And Wholetime Director Of The Company
05 Sep 2026 5 Sep - Pravinchandra Gor and Alpitkumar Gor reappointed as directors effective 01-02-2027.