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. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Display and kitchenware equipment. Small-cap, SME-listed houseware and display equipment manufacturer
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 29 |
| EBITDA (ex other income) | — |
| margin % | — |
| Owners' profit | — |
| EPS, as reported (₹) | 4.93 |
| ROE % · ROCE % | — · 17.3 |
| Debt / equity (x) | — |
| Cash from operations | (10) |
| Capex | (8) |
| ₹ crore | Q2 FY26 | Q4 FY26 |
|---|---|---|
| Revenue | 14 | 15 |
| Profit before tax | 4 | 2 |
| Net profit | — | — |
| EPS (₹) | 5.17 | 1.32 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| CELLO WORLD LIMITED | 7,375 | 23.9 | 2.73 | 14.0 | 12.3 | 16.1 | — | 22.2 |
| HAWKINS COOKERS LTD | 4,437 | 33.8 | 9.97 | — | 29.5 | 37.2 | — | 15.8 |
| BOROSIL LIMITED | 3,065 | 43.7 | 3.46 | 16.5 | 8.4 | 9.9 | 15.4 | 16.2 |
| ALL TIME PLASTICS LIMITED | 1,448 | 40.0 | 2.36 | 15.6 | 5.8 | 6.9 | — | 16.7 |
| Maruti Interior Products Limit | 255 | 4.3 | — | — | — | 21.6 | — | — |
| Inflame Appliances Limited | 172 | 74.2 | — | — | — | 10.0 | — | — |
| GOTHI PLASCON (INDIA) LTD. | 41 | 18.0 | 3.77 | — | 16.6 | 16.4 | — | 63.6 |
| Riddhi Display Equipments Limi ◆ | 23 | 4.2 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 9 Sept 2026 · Newspaper publication of 21st AGM notice | compliance | minimal | — | — |
| 8 Sept 2026 · Riddhi Display files 21st Annual Report for FY 2025-26; AGM on Sept 29, 2026 | compliance | low | — | — |
| 8 Sept 2026 · Notice of 21st AGM on September 29, 2026 | board shareholder meetings | low | — | — |
| 2 Sept 2026 · Riddhi Display re-appoints Secretarial Auditor for five years | management changes | medium | — | — |
| 2 Sept 2026 · Riddhi Display appoints H Togadiya as Secretarial Auditor for FY25-26 | management changes | medium | — | — |
| 1 Sept 2026 · Board approves AGM on Sep 29, 2026 and auditor appointments | board shareholder meetings | low | — | — |
| 1 Sept 2026 · Cut-off dates announced for e-voting at 21st AGM on Sep 29, 2026 | board shareholder meetings | low | — | — |
| 15 Jul 2026 · SME-listed firm exempt from corporate governance report for Q1 | compliance | minimal | — | — |
| 15 Jul 2026 · Compliance Certificate for Q1 FY27 under SEBI DP Regulations | compliance | minimal | — | — |
| 15 Jul 2026 · New Lucknow manufacturing facility starts commercial operations | capex operations | high | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| — |
| — |
| — |
| 14.3 |
| — |
| — |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 4.2 | 33.8 | 1 of 9 | 100% |
| ROCE | 14.3 | 14.3 | 5 of 9 | 50% |
| Market cap | 23 | 255 | 8 of 9 | 13% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
