Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹69.25, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 29x in the Electronic industry in India. Total loss to shareholders of 34% over the past three years. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹82.65, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 39x in the Electronic industry in India. Total loss to shareholders of 20% over the past three years. Duyuru • Aug 28
Richa Info Systems Limited, Annual General Meeting, Sep 19, 2025 Richa Info Systems Limited, Annual General Meeting, Sep 19, 2025, at 12:00 Indian Standard Time. New Risk • Jun 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹200.7m market cap, or US$2.35m). Minor Risks High level of debt (68% net debt to equity). Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Share price has been volatile over the past 3 months (8.3% average weekly change). Revenue is less than US$5m (₹403m revenue, or US$4.7m). Valuation Update With 7 Day Price Move • May 08
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹89.00, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 37x in the Electronic industry in India. Total returns to shareholders of 1.9% over the past three years. Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹80.75, the stock trades at a trailing P/E ratio of 22.4x. Average trailing P/E is 41x in the Electronic industry in India. Negligible returns to shareholders over past three years. Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹68.05, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 38x in the Electronic industry in India. Total loss to shareholders of 35% over the past three years. Board Change • Mar 06
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Non-Independent Director Rupesh Mittal was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 17
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Non-Independent Director Rupesh Mittal was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 23
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Rupeshkumar Mittal was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹90.55, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 55x in the Electronic industry in India. Total returns to shareholders of 24% over the past year. Duyuru • Oct 30
Richa Info Systems Limited Appoints Rupeshkumar Mittal as an Independent Director Richa Info Systems Limited in its EGM held on October 28, 2024 approved the Regularization of Additional Director Mr. Rupeshkumar Mittal as an Independent Director of the Company. Valuation Update With 7 Day Price Move • Oct 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹91.60, the stock trades at a trailing P/E ratio of 31.5x. Average trailing P/E is 46x in the Electronic industry in India. Total returns to shareholders of 58% over the past year. New Risk • Sep 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). Share price has been highly volatile over the past 3 months (9.4% average weekly change). Market cap is less than US$10m (₹205.0m market cap, or US$2.45m). Minor Risk Revenue is less than US$5m (₹391m revenue, or US$4.7m). Duyuru • Sep 16
Richa Info Systems Limited, Annual General Meeting, Sep 27, 2024 Richa Info Systems Limited, Annual General Meeting, Sep 27, 2024, at 17:00 Indian Standard Time. Location: 25-26, shivalay residency, opp., vishal super market, kudasan, gujarat, india, 382421, gandhinagar India Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹94.60, the stock trades at a trailing P/E ratio of 32.5x. Average trailing P/E is 46x in the Electronic industry in India. Total returns to shareholders of 33% over the past year. Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹67.05, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 51x in the Electronic industry in India. Total loss to shareholders of 32% over the past year. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹62.00, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 43x in the Electronic industry in India. Total loss to shareholders of 37% over the past year. New Risk • May 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Market cap is less than US$10m (₹185.9m market cap, or US$2.24m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Revenue is less than US$5m (₹341m revenue, or US$4.1m). Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹75.75, the stock trades at a trailing P/E ratio of 22.4x. Average trailing P/E is 52x in the Electronic industry in India. Total loss to shareholders of 31% over the past year. Valuation Update With 7 Day Price Move • Nov 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹80.50, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 55x in the Electronic industry in India. Total loss to shareholders of 22% over the past year. Valuation Update With 7 Day Price Move • Oct 26
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹62.70, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 52x in the Electronic industry in India. Total loss to shareholders of 37% over the past year. Valuation Update With 7 Day Price Move • Sep 18
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹67.40, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 49x in the Electronic industry in India. Total loss to shareholders of 37% over the past year. Duyuru • Sep 06
Richa Info Systems Limited, Annual General Meeting, Sep 29, 2023 Richa Info Systems Limited, Annual General Meeting, Sep 29, 2023, at 13:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31 March, 2023, together with the Directors' and Auditors' Reports thereon; to appoint Mr. Dineshchandra Fulchand Shah, who retires by rotation as a Director and, in this regard, to consider and if thought fit, to pass the following resolution as an Ordinary Resolution; and to discuss other matters. Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹72.05, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 50x in the Electronic industry in India. Total loss to shareholders of 23% over the past year. Reported Earnings • May 19
Full year 2023 earnings released: EPS: ₹3.36 (vs ₹6.78 in FY 2022) Full year 2023 results: EPS: ₹3.36 (down from ₹6.78 in FY 2022). Revenue: ₹342.8m (up 6.7% from FY 2022). Net income: ₹8.16m (down 24% from FY 2022). Profit margin: 2.4% (down from 3.3% in FY 2022). The decrease in margin was driven by higher expenses. Board Change • Apr 18
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non- Executive Director Sejal Pandya was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non- Executive Director Sejal Pandya was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Aug 31
Richa Info Systems Limited, Annual General Meeting, Sep 29, 2022 Richa Info Systems Limited, Annual General Meeting, Sep 29, 2022, at 13:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31 March, 2022, together with the Directors' and Auditors' Reports thereon; to consider directorate reelections; and to consider Shifting of the registered office of the Company outside the local limits of the city. Valuation Update With 7 Day Price Move • Aug 29
Investor sentiment improved over the past week After last week's 15% share price gain to ₹121, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 23x in the Electronic industry in India. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improved over the past week After last week's 30% share price gain to ₹75.70, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 27x in the Electronic industry in India. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹62.45, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 26x in the Electronic industry in India. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improved over the past week After last week's 18% share price gain to ₹70.00, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 28x in the Electronic industry in India. Reported Earnings • May 25
Full year 2022 earnings released: EPS: ₹6.78 (vs ₹5.97 in FY 2021) Full year 2022 results: EPS: ₹6.78 (up from ₹5.97 in FY 2021). Revenue: ₹323.2m (up 61% from FY 2021). Net income: ₹10.7m (up 48% from FY 2021). Profit margin: 3.3% (down from 3.6% in FY 2021). The decrease in margin was driven by higher expenses. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non- Executive Director Sejal Pandya was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹72.60, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 39x in the Electronic industry in India. Board Change • Feb 18
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non- Executive Director Sejal Pandya was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.