Richa Info Systems
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Richa Info Systems allotted 1,717,880 equity shares after the conversion of the same number of fully convertible warrants issued at ₹87 each through a preferential allotment. The shares went to Arth Technocrats Private Limited, Deepa Sandeep Dham and Agnaben Vasudevbhai Madhu, increasing paid-up share capital to ₹15.48 crore from ₹13.76 crore. The board accepted the resignation of Bhatt Shah Mekhia & Co. as statutory auditor and appointed C S M & Co LLP with effect from August 25, until the ensuing general meeting. Bhatt Shah said its resignation resulted from pre-occupation and that there were no other material reasons; it had issued an unmodified audit report on the year ended March 31, 2026. The company had received an adverse audit opinion for FY24 before clean opinions for FY25 and FY26. Its FY25 revenue was ₹127.69 crore and profit after tax was ₹5.24 crore, compared with ₹39.13 crore and ₹0.71 crore respectively in FY24.
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Richa Info Systems allotted 1,717,880 equity shares after the conversion of the same number of fully convertible warrants issued at ₹87 each through a preferential allotment. The shares went to Arth Technocrats Private Limited, Deepa Sandeep Dham and Agnaben Vasudevbhai Madhu, increasing paid-up share capital to ₹15.48 crore from ₹13.76 crore. The board accepted the resignation of Bhatt Shah Mekhia & Co. as statutory auditor and appointed C S M & Co LLP with effect from August 25, until the ensuing general meeting. Bhatt Shah said its resignation resulted from pre-occupation and that there were no other material reasons; it had issued an unmodified audit report on the year ended March 31, 2026. The company had received an adverse audit opinion for FY24 before clean opinions for FY25 and FY26. Its FY25 revenue was ₹127.69 crore and profit after tax was ₹5.24 crore, compared with ₹39.13 crore and ₹0.71 crore respectively in FY24.
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Richa Info Systems allotted 17,17,880 equity shares on conversion of an equal number of fully convertible warrants at an issue price of ₹87 each; 6,43,880 went to promoter-group company Arth Technocrats Private Limited and the remainder to Deepa Sandeep Dham and Agnaben Vasudevbhai Madhu. Paid-up equity capital rose from ₹13.76 crore to ₹15.48 crore, while the share count increased from 1,37,62,833 to 1,54,80,713; the tranche came from 90,99,000 warrants issued on March 15, 2025. The company had reported FY25 revenue of ₹127.69 crore and profit after tax of ₹5.24 crore, with operating cash flow of negative ₹83.97 crore. The board also accepted Bhatt Shah Mekhia & Co's resignation as statutory auditor and appointed C S M & Co LLP until the ensuing general meeting; the outgoing firm cited preoccupation and said no other material reason applied.
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Richa Info Systems allotted 17,17,880 equity shares on conversion of an equal number of fully convertible warrants at an issue price of ₹87 each; 6,43,880 went to promoter-group company Arth Technocrats Private Limited and the remainder to Deepa Sandeep Dham and Agnaben Vasudevbhai Madhu. Paid-up equity capital rose from ₹13.76 crore to ₹15.48 crore, while the share count increased from 1,37,62,833 to 1,54,80,713; the tranche came from 90,99,000 warrants issued on March 15, 2025. The company had reported FY25 revenue of ₹127.69 crore and profit after tax of ₹5.24 crore, with operating cash flow of negative ₹83.97 crore. The board also accepted Bhatt Shah Mekhia & Co's resignation as statutory auditor and appointed C S M & Co LLP until the ensuing general meeting; the outgoing firm cited preoccupation and said no other material reason applied.
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April 1 (Reuters) - RICHA INFO SYSTEMS LIMITED RICI.NS:
RICHA INFO SYSTEMS LIMITED- GETS ORDERS WORTH 52.4 MILLION RUPEES
Source text: ID:nnAZN4SOJX8
Further company coverage: RICI.NS
(([email protected];))
April 1 (Reuters) - RICHA INFO SYSTEMS LIMITED RICI.NS:
RICHA INFO SYSTEMS LIMITED- GETS ORDERS WORTH 52.4 MILLION RUPEES
Source text: ID:nnAZN4SOJX8
Further company coverage: RICI.NS
(([email protected];))
Jan 8 (Reuters) - RICHA INFO SYSTEMS LIMITED RICI.NS:
RICHA INFO SYSTEMS LIMITED - SIGNS SUPPLY AND SERVICES AGREEMENT WITH ROOPYAA TRADEBIZZ
RICHA INFO SYSTEMS LIMITED - AGREEMENT WORTH 1 BILLION RUPEES
Source text: ID:nNSE2wq4Cy
Further company coverage: RICI.NS
(([email protected];;))
Jan 8 (Reuters) - RICHA INFO SYSTEMS LIMITED RICI.NS:
RICHA INFO SYSTEMS LIMITED - SIGNS SUPPLY AND SERVICES AGREEMENT WITH ROOPYAA TRADEBIZZ
RICHA INFO SYSTEMS LIMITED - AGREEMENT WORTH 1 BILLION RUPEES
Source text: ID:nNSE2wq4Cy
Further company coverage: RICI.NS
(([email protected];;))
Oct 1 (Reuters) - RICHA INFO SYSTEMS LIMITED RICI.NS:
TO ACQUIRE 16.76% SHAREHOLDING OF ROOPYAA TRADEBIZZ FOR 234.9 MILLION RUPEES
Source text for Eikon: ID:nNSEblkhpx
Further company coverage: RICI.NS
(([email protected];;))
Oct 1 (Reuters) - RICHA INFO SYSTEMS LIMITED RICI.NS:
TO ACQUIRE 16.76% SHAREHOLDING OF ROOPYAA TRADEBIZZ FOR 234.9 MILLION RUPEES
Source text for Eikon: ID:nNSEblkhpx
Further company coverage: RICI.NS
(([email protected];;))
July 18 (Reuters) - RICHA INFO SYSTEMS LIMITED RICI.NS:
RICHA INFO SYSTEMS - ENTERED INTO OEM CONTRACT FOR INTERACTIVE FLAT PANEL DISPLAYS
RICHA INFO SYSTEMS - ENTERED INTO OEM CONTRACT WITH SHENZHEN HITEVISION TECHNOLOGY CO
Source text for Eikon: ID:nNSE3HZh6N
Further company coverage: RICI.NS
(([email protected];))
July 18 (Reuters) - RICHA INFO SYSTEMS LIMITED RICI.NS:
RICHA INFO SYSTEMS - ENTERED INTO OEM CONTRACT FOR INTERACTIVE FLAT PANEL DISPLAYS
RICHA INFO SYSTEMS - ENTERED INTO OEM CONTRACT WITH SHENZHEN HITEVISION TECHNOLOGY CO
Source text for Eikon: ID:nNSE3HZh6N
Further company coverage: RICI.NS
(([email protected];))
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Popular questions
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What does Richa Info Systems do?
Richa Info Systems Limited focuses on assembling and integrating products like Interactive Flat Panel, Digital Kiosk, and CCTV Cameras. They source materials locally and from China, with assembly conducted at a Gujarat facility. Occasionally, they outsource work to meet customer demand.
Who are the competitors of Richa Info Systems?
Richa Info Systems major competitors are Cerebra Intgr. Tech., Compuage Infocom, TVS Electronics, RIR Power Electronic, DCX Systems, Creative Newtech, Moschip Technologies. Market Cap of Richa Info Systems is ₹124 Crs. While the median market cap of its peers are ₹1,146 Crs.
Is Richa Info Systems financially stable compared to its competitors?
Richa Info Systems seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Richa Info Systems pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Richa Info Systems latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Richa Info Systems allocated its funds?
Companies resources are allocated to majorly unproductive assets like Inventory, Short Term Loans & Advances
How strong is Richa Info Systems balance sheet?
Balance sheet of Richa Info Systems is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Richa Info Systems improving?
Yes, profit is increasing. The profit of Richa Info Systems is ₹7.48 Crs for Mar 2026, ₹5.24 Crs for Mar 2025 and ₹0.71 Crs for Mar 2024
Is the debt of Richa Info Systems increasing or decreasing?
Yes, The net debt of Richa Info Systems is increasing. Latest net debt of Richa Info Systems is ₹8.71 Crs as of Mar-26. This is greater than Mar-25 when it was ₹6.59 Crs.
Is Richa Info Systems stock expensive?
Richa Info Systems is not expensive. Latest PE of Richa Info Systems is 16.51, while 3 year average PE is 24.49. Also latest EV/EBITDA of Richa Info Systems is 7.01 while 3yr average is 7.48.
Has the share price of Richa Info Systems grown faster than its competition?
Richa Info Systems has given better returns compared to its competitors. Richa Info Systems has grown at ~15.18% over the last 3yrs while peers have grown at a median rate of 3.75%
Is the promoter bullish about Richa Info Systems?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 24.91% and last quarter promoter holding is 23.33%.
Are mutual funds buying/selling Richa Info Systems?
There is Insufficient data to gauge this.