Riddhi Corporate Services Limited (RIDDHICORP.BO) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+6366.7%

₹3,620.73

vs ₹55.99 price

Levered DCF

₹693.68

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

B+

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	7.34×	5.66×	23×	29.97×	26.26×	60.66×	-398.96×	72.94×
P/B	0.86×	1.11×	2.11×	4.91×	4.52×	6.67×	8.68×	2.99×
P/S	0.13×	0.3×	0.71×	1.26×	1.41×	2.19×	2.7×	1.18×
EV / EBITDA	2.67×	3.97×	6.53×	9.37×	12.97×	41.62×	54.71×	16.27×
Gross margin	17.1%	33.2%	83.4%	85.5%	13.8%	70.2%	75.7%	71.3%
Operating margin	1.4%	4.3%	7.3%	9.6%	6.7%	2.3%	4.5%	7.0%
Net margin	1.7%	5.3%	3.1%	4.2%	5.4%	3.6%	-0.7%	1.6%
Current ratio	2.06×	1.76×	1.07×	0.88×	0.77×	0.77×	1.49×	0.88×
Debt / equity	0.43×	1.37×	1.97×	2.44×	4.14×	0.28×	0.19×	0.44×
Interest coverage	1.51×	1.54×	1.56×	2.15×	2.03×	3.49×	15.48×	5.62×
Dividend yield	0.9%	0.8%	0.5%	0.2%	0.0%	0.0%	0.0%	0.1%
Payout ratio	6.5%	4.4%	11.3%	6.6%	0.0%	0.0%	0.0%	6.7%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	11.7%	19.7%	9.2%	16.4%	17.2%	11.0%	-2.2%	4.1%
Return on invested capital	4.7%	5.8%	4.8%	8.2%	3.1%	3.4%	-6.1%	9.0%
Return on assets	5.1%	7.0%	2.6%	4.3%	2.9%	6.0%	-1.4%	2.2%
Free cash flow yield	0.0%	29.8%	-3.4%	-7.4%	6.5%	0.3%	-1.0%	4.4%
Earnings yield	13.6%	17.7%	4.3%	3.3%	3.8%	1.6%	-0.3%	1.4%
Enterprise value	₹788.3M	₹1.6B	₹2.3B	₹3.7B	₹2.9B	₹1.9B	₹2.1B	₹734M
Net debt / EBITDA	0.45×	2.1×	3.11×	3.06×	6.14×	0.85×	-1.41×	0.64×
Cash conversion cycle (days)	7	25	-134	56	62	-50	46	-7