BSERikhav Securities LtdHighNeutral
Announced Sat, 23 May · 13:38 IST

Standalone and Consolidated Audited Financial Results of the Company for the Financial Year and year ended March 31, 2026 and notes thereon.

Revenue Growth 20pctPat NegativeEbitda Margin CompressionResults View source PDF

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AI summary

Rikhav Securities Ltd, a stock broking company, reported standalone revenue of ₹197,596 Lakhs for FY2026, up from ₹31,806 Lakhs in FY2025 — a massive 521% increase. However, profit after tax declined to ₹1,904 Lakhs from ₹2,393 Lakhs year-over-year, a 20% drop. EPS fell from ₹7.59 to ₹4.97. The consolidated PAT was ₹1,896 Lakhs vs ₹2,367 Lakhs previously. The auditor AHSP & Co LLP issued an unqualified opinion with no going concern or emphasis of matter notes. The company has one wholly-owned subsidiary: RSL IFSC Private Limited. Operating cash flow turned positive at ₹6,547 Lakhs from negative ₹18,404 Lakhs last year, while cash position improved from negative ₹1,631 Lakhs to positive ₹4,489 Lakhs.

Likely market impact

Despite explosive revenue growth, the company's bottom line contracted significantly due to high operating costs relative to revenue. Shareholders face lower earnings per share compared to the prior year, though the balance sheet strengthened with improved cash position.