BSE: 0 | NSE: RICHA | Electronics - Components | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that Richa Info Systems Ltd is a average quality company.
The key valuation ratios of Richa Info Systems Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Richa Info Systems Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 28.4% | 28.7% | 27.2% | 11.8% | 10% | 8.4% | - |
| Value Creation Index ⓘ | 1.0 | 1.1 | 1.0 | -0.2 | -0.3 | -0.4 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||
| Sales ⓘ | 15 | 17.6 | 20.1 | 32.1 | 34.2 | 39.1 | 39 |
| Sales YoY Gr. | - | 17.5% | 14.5% | 59.8% | 6.5% | 14.4% | - |
| Adj EPS ⓘ | 1.6 | 2.8 | 6 | 4.4 | 3.3 | 2.9 | 2.9 |
| YoY Gr. | - | 70.4% | 118.5% | -26.9% | -25.2% | -11.8% | - |
| BVPS (₹) ⓘ | 0 | 0 | 11.7 | 51.4 | 54.8 | 47.8 | 47.8 |
| Adj Net Profit ⓘ | 0.2 | 0.3 | 0.7 | 1.1 | 0.8 | 0.7 | 1 |
| Cash Flow from Ops. ⓘ | -0.2 | -1.6 | 1.1 | -17.2 | 9.4 | 4.2 | - |
| Debt/CF from Ops. ⓘ | -4.8 | -1.7 | 4.1 | -0.9 | 1.7 | 2 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | 21.2% | 24.8% | 14.4% | ||||
| Adj EPS ⓘ | NA | 12.4% | -21.6% | -11.8% | ||||
| BVPSⓘ | NA | NA | 60.1% | -12.7% | ||||
| Share Price | - | - | - | -23.3% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 55.5 | 63.9 | 69 | 15.4 | 6.2 | 5.6 | 6.1 |
| Op. Profit Mgn % ⓘ | 3.2 | 4.6 | 6.9 | 5.9 | 10.5 | 6.6 | NAN |
| Net Profit Mgn % ⓘ | 1.3 | 1.9 | 3.6 | 3.3 | 2.4 | 1.8 | 1.8 |
| Debt to Equity ⓘ | 2.7 | 3.9 | 3.3 | 1.2 | 1.2 | 0.7 | - |
| Working Cap Days ⓘ | 0 | 58 | 83 | 172 | 237 | 279 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 36 | 65 | 94 | 140 | 137 | 0 |
Sales growth is growing at healthy rate in last 3 years 24.84%
Debt to equity has declined versus last 3 years average to 0.72
Return on Equity has declined versus last 3 years average to 6.10%
Net Profit has been subdued in last 3 years -21.56%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 2.9 | - |
| TTM Sales (₹ Cr.) | 39.1 | - |
| BVPS (₹.) ⓘ | 47.8 | - |
| Reserves (₹ Cr.) ⓘ | 9 | - |
| P/BV ⓘ | 1.73 | - |
| PE ⓘ | 28.48 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 20.1 |
| Equity (₹ Cr.) | 2.4 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 217.4 |
| Pledged * | 0.00 | 15.34 | 16.08 | 16.16 | 0.00 | 0.00 |
| PARTICULARS | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|
| Sales | 14.95 | 17.56 | 20.11 | 32.13 | 34.21 | 39.13 |
| Operating Expenses ⓘ | 14.47 | 16.74 | 18.72 | 30.23 | 30.62 | 36.54 |
| Manufacturing Costs | 0.01 | 0.01 | 0.14 | 0.47 | 0.45 | 0.27 |
| Material Costs | 12.19 | 14.91 | 16.06 | 27.51 | 27.48 | 34.48 |
| Employee Cost | 0.88 | 0.64 | 1.21 | 1 | 1.08 | 1.02 |
| Other Costs ⓘ | 1.39 | 1.18 | 1.31 | 1.25 | 1.62 | 0.76 |
| Operating Profit ⓘ | 0.48 | 0.81 | 1.39 | 1.90 | 3.59 | 2.60 |
| Operating Profit Margin (%) | 3.2% | 4.6% | 6.9% | 5.9% | 10.5% | 6.6% |
| Other Income ⓘ | 0.10 | 0.01 | 0 | 0.18 | 0.07 | 0.21 |
| Interest ⓘ | 0.08 | 0.20 | 0.30 | 0.65 | 1.66 | 1.13 |
| Depreciation ⓘ | 0.20 | 0.15 | 0.11 | 0.09 | 0.78 | 0.73 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 0.29 | 0.48 | 0.99 | 1.34 | 1.21 | 0.95 |
| Tax ⓘ | 0.09 | 0.14 | 0.26 | 0.27 | 0.39 | 0.24 |
| Profit After Tax | 0.20 | 0.33 | 0.73 | 1.07 | 0.82 | 0.71 |
| PAT Margin (%) | 1.3% | 1.9% | 3.6% | 3.3% | 2.4% | 1.8% |
| Adjusted EPS (₹) | 1.6 | 2.8 | 6.0 | 4.4 | 3.4 | 2.9 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 0.35 | 0.69 | 1.42 | 12.53 | 13.35 | 11.85 | ||||
| Share Capital ⓘ | 0.01 | 0.01 | 0.01 | 2.43 | 2.43 | 2.43 | ||||
| Reserves ⓘ | 0.34 | 0.68 | 1.41 | 10.10 | 10.92 | 9.42 | ||||
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Debt | 0.90 | 2.63 | 4.65 | 14.99 | 15.57 | 8.32 | ||||
| Long Term Debt | 0.90 | 0.72 | 1.66 | 8.71 | 8.49 | 4.18 | ||||
| Short Term Debt | 0 | 1.91 | 2.99 | 6.27 | 7.07 | 4.15 | ||||
| Trade Payables | 0.52 | 0.41 | 0.38 | 1.07 | 1.82 | 20.82 | ||||
| Others Liabilities ⓘ | 0.80 | 0.25 | 1.08 | 1.04 | 1.63 | 1.06 | ||||
| Total Liabilities ⓘ | 2.58 | 3.98 | 7.53 | 29.63 | 32.36 | 42.06 | ||||
Fixed Assets | ||||||||||
| Gross Block | 1.23 | 1.25 | 1.27 | 1.60 | 14.20 | 2.36 | ||||
| Accumulated Depreciation | 0.79 | 0.93 | 1.04 | 1.12 | 1.89 | 1.95 | ||||
| Net Fixed Assetsⓘ | 0.44 | 0.32 | 0.23 | 0.48 | 12.30 | 0.41 | ||||
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Investmentsⓘ | 0 | 0 | 0 | 0 | 0 | 0.04 | ||||
| Inventories | 0.22 | 1.14 | 2.18 | 3.47 | 7.05 | 8.95 | ||||
| Trade Receivables | 1.41 | 1.66 | 3 | 9.42 | 9.21 | 27.10 | ||||
| Cash Equivalents | 0.12 | 0.07 | 1.79 | 4.31 | 0.40 | 1.29 | ||||
| Others Assetsⓘ | 0.39 | 0.80 | 0.33 | 11.95 | 3.40 | 4.26 | ||||
| Total Assets ⓘ | 2.58 | 3.98 | 7.53 | 29.63 | 32.36 | 42.06 | ||||
| PARTICULARS | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -0.20 | -1.59 | 1.13 | -17.22 | 9.40 | 4.19 |
| PBT ⓘ | 0.29 | 0.48 | 0.99 | 1.34 | 1.21 | 0.95 |
| Adjustment ⓘ | 0.27 | 0.32 | 0.36 | 0.67 | 2.41 | 1.82 |
| Changes in Working Capital ⓘ | -0.72 | -2.29 | -0.09 | -18.98 | 5.93 | 1.76 |
| Tax Paid ⓘ | -0.04 | -0.10 | -0.13 | -0.26 | -0.15 | -0.34 |
| Cash Flow From Investing Activity ⓘ | -0.01 | -0.02 | -0.02 | -0.33 | -12.56 | 5.63 |
| Capex | -0.02 | -0.02 | -0.02 | -0.33 | -12.59 | 8.96 |
| Net Investments | 0 | 0 | 0 | 0 | 0 | -0.04 |
| Others ⓘ | 0 | 0 | 0 | 0 | 0.03 | -3.29 |
| Cash Flow From Financing Activityⓘ | 0.30 | 1.55 | 0.62 | 20.07 | -0.75 | -8.93 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 10.50 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | 0 | -0.22 | -4.32 |
| Interest Paid ⓘ | -0.07 | -0.18 | -0.26 | -0.61 | -1.66 | -1.11 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0.37 | 1.73 | 0.89 | 10.18 | 1.13 | -3.50 |
| Net Cash Flow ⓘ | 0.09 | -0.05 | 1.74 | 2.51 | -3.91 | 0.89 |
| PARTICULARS | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 55.51 | 63.91 | 69.45 | 15.42 | 6.32 | 5.67 | ||||
| ROCE (%) | 28.41 | 28.72 | 27.24 | 11.75 | 10.03 | 8.38 | ||||
| Asset Turnover Ratio | 5.79 | 5.35 | 3.49 | 1.73 | 1.1 | 1.05 | ||||
| PAT to CFO Conversion(x) | -1 | -4.82 | 1.55 | -16.09 | 11.46 | 5.9 | Working Capital Days | |||
| Receivable Days | 34 | 32 | 42 | 71 | 99 | 169 | ||||
| Inventory Days | 5 | 14 | 30 | 32 | 56 | 75 | ||||
| Payable Days | 16 | 11 | 9 | 10 | 19 | 120 | ||||
Richa Info Systems started its Business from the office Automation products and at present it is engaged in assembling of innovative products and systems Integrator of multifaceted solutions of leading quality products like Interactive Flat Panel, Interactive Board, Digital Podium, Digital Kiosk, CCTV Cameras to esteemed customers in sectors like Government, PSUs, Education, Defense. It provide wide choice of Innovative Solutions, providing service to Government organizations across India through Government e Marketplace (GeM).
The company imports its raw material from China and assemble the semi finished products and install the requisite software as per the customers requirement. Customer Satisfaction is the company’s top most priority, In-House Knowledge Center for Technical Supremacy, Education technology solutions Like, Interactive Board, Projector, Interactive Projector, HD Visualizer, Digital Podium (Electronic Lectern), Interactive Pad, Digital signage and display solutions with Products like Professional Large Format Display, LED Video Walls, Information Kiosk, Board Room Solutions, Security & surveillance solutions, IT technology solutions, Office Automation Solutions Like Multi-function Machines, EPABX, Healthcare vertical solutions etc. The company has added e-learning school content in its product portfolio from FY 2021-22. The company has developed content for classes from Standard 1 to Standard 12 (for science stream) for CBSE Board from outside agency. Entire work of school content development is outsourced to outside agency. The company has earned revenue of Rs 10.36 lakh upto November 30, 2021 towards school content e-learning.
Business area of the company
The company is engaged in assembling of innovative products and systems Integrator of multifaceted solutions of leading quality products like Interactive Flat Panel, Interactive Board, Digital Podium, Digital Kiosk and CCTV Cameras. It procures semi-finished goods locally and to some extent we import it from China. Such semi-finished good are then assembled at its godown located in Gujarat. However in order to fulfill the demand of its customers on time, it sometime outsource such assembling work to third party. Such outsourcing is only to cater high demand and on time supply. Total ratio of Outsourcing assembling and in-house assembling is 20:80.
Products:
Techno Interactive Flat Panel
Techno Interactive Board
Techno Digital Teaching Device (Dtd)
Techno Digital Podium
Techno Digital Kiosk
Video Conference Systems
CCTV Security & Surveillance
School Content
Major events:
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