Riddhi Display Equipments Limi

Makes display and kitchenware equipment from a Gujarat base. Listed on BSE's SME platform (scrip 544640), the company raised Rs 2,468.40 lakh through an IPO in December 2025 and has commenced commercial operations at a new manufacturing facility at Deva Road, Lucknow, to expand production capacity, strengthen its North India presence and improve supply chain efficiency. In FY26, revenue was Rs 29.0962 crore against total assets of Rs 59.7123 crore. The cost structure is dominated by materials at 68.3% of revenue, followed by employee costs at 11.9% and other operating expenses at 5.8%, with capex at 27.5% of revenue reflecting the ongoing capacity build-out. Operating cash flow turned negative at Rs -993.75 lakh for the year, long-term borrowings fell to Rs 111.69 lakh from Rs 453.66 lakh, and total equity rose to Rs 1,03,617 lakh primarily on IPO proceeds.