Riddhi Corporate Services Limited (540590) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of Riddhi Corporate Services Limited ₹106, price ₹54.49, upside +95.0%, quality 71 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 3, 2026.
How to read this chart
60‑month range ₹32.33 – ₹563.82 · fair‑value band ₹65.88 – ₹139.51 · the ₹54.49 price screens below the ₹106.28 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 3, 2026.
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Riddhi Corporate Services Limited provides business process outsourcing services in India.
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Riddhi Corporate Services Limited provides business process outsourcing services in India. It offers services that include collection of dues; bill delivery management services; tele calling; field visit; addressing customer issue; escalation management while collecting overdue amount; address verification; credit verification; data entry of documents collected; scanning of documents; warehousing of documents collected; and logistic solutions. The company also provides services, such as address and credit verification; field credit investigation; collection of documents; data entry of documents collected; income verification; collection of cheques from branches and automated teller machine; selling of financial products; and scanning of documents. In addition, it offers services that comprise logic solutions; e-wallet service provider-know your customer norms verification of e-wallet holders; software development; and security system installation and office atomization services. The company serves telecom, banking, and government institutions, insurance companies, telecommunication service providers, banking sector, non banking financing institutions, e-wallet service provider, etc. Riddhi Corporate Services Limited was incorporated in 2010 and is based in Ahmedabad, India.
Stock analysis
Riddhi Corporate Services Limited (540590) currently trades at ₹54.49, while our model-based Fair Value estimate is ₹106.28, implying the stock looks roughly 48.7% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of ₹157.83 per share, and 15 of the 25 models we run sit above the ₹54.49 price.
Bear case: the Asset-Based group reads lowest at ₹14.28, and 10 of the 25 models stay below the price. Evidence for this calculation is low.
Scenario range: ₹65.88 (bear) to ₹139.51 (bull), the price of ₹54.49 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 71/100 (solid quality), in the Information Technology sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Riddhi Corporate Services Limited reported revenue of ₹5.1B in FY2026 versus ₹1.1B in FY2022, a compound +47.4%/yr. Reported net income was ₹89.5M in FY2026, compounding +11.2%/yr from FY2022.
Key figures
Market cap ₹2.0B (≈ $20.3M) · P/E ratio 34.3 · P/S ratio 0.60 · EPS (TTM) ₹5.02 · Dividend yield 0.3% · Net margin 1.7% · Return on assets (EBIT) 5.3% · Free cash flow ₹239M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 30% below its 52-week high and 6% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Information Technology peers we cover trades at −34% fair-value upside, at 95%, 540590 screens cheaper than that median.
Fair Value models
Bear ₹65.88Fair Value ₹106.28Bull ₹139.51
Price ₹54.49 · Upside +95.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then (₹2.58 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.77/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+101.1%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+36.9%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+43.1%
Start year 2021 (pandemic). Over 10 years: +28.5% a year
Revenue growth 12 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+29.5%
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What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+22.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+22.6%
Dividend (yield on the price)0.3%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.22.6% vs 9.6%, picking up
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.1% → 1%
Start year 2021 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−29.9%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (India: IMF forecast 4.1% a year to 2030, 4.7% from 2016 to 2025) that is about −32.7% a year for the price.
Compare Riddhi Corporate Services Limited with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.IT Services · 18 stocks
Beats the industry median on 3/8 measures
Overall it trails its industry peers.
Valuation
Quality Score71 · Top 25%
Fair Value upside+95.0% · Top 25%
Profitability
Return on assets0.0% · Bottom 25%
Net margin (TTM)1.7% · Bottom 25%
Operating margin (TTM)0.0% · Below median
Growth and dividend
Revenue growth0.0% · Below median
Balance sheet
Debt / equity0.01× · Below median
Valuation Multiplesvs IT Services median · lower = cheaper
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Is Riddhi Corporate Services Limited (540590) overvalued or undervalued?
As of Oct 3, 2026, our model estimates a fair value of ₹106.28 versus a price of ₹54.49, about +95% upside (undervalued).
What is the fair value of 540590?
Our model-based fair value for Riddhi Corporate Services Limited is ₹106.28 (as of Oct 3, 2026), built from audited fundamentals. The current price: ₹54.49.
What is the quality score of 540590?
Riddhi Corporate Services Limited has a Quality Score of 71/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Riddhi Corporate Services Limited (540590)?
Our model-based price target is the fair value of ₹106.28 (as of Oct 3, 2026) from 25 valuation models. Cautious scenario ₹65.88, optimistic scenario ₹139.51. It is a calculation from audited fundamentals, not an analyst target.
What is the Riddhi Corporate Services Limited stock forecast for 2026?
Our models put fair value at ₹106.28, about +95% upside versus a price of ₹54.49 (undervalued). Cautious scenario ₹65.88, optimistic scenario ₹139.51. The calculation is refreshed regularly with new filings.
Does Riddhi Corporate Services Limited pay a dividend?
Riddhi Corporate Services Limited currently shows a dividend yield of about 0.30% relative to its recent price (as of Oct 3, 2026).
What growth is priced into Riddhi Corporate Services Limited (540590)?
For today's price to be fair in a discounted-cash-flow model, Riddhi Corporate Services Limited would have to grow free cash flow by -29.9 % per year for five years (discount rate 12.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +43.1 % per year. As of Oct 3, 2026.
What discount rate (WACC) does the fair value of 540590 use?
Our models discount Riddhi Corporate Services Limited at 12.4 %: a base by market capitalisation (nano), country premium for India. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Riddhi Corporate Services Limited that is -29.9 % per year a year over ten years, using the same discount rate (12.4 %) and the same formula as our fair value.
How much growth has Riddhi Corporate Services Limited (540590) delivered so far?
Over the past 5 years revenue at Riddhi Corporate Services Limited grew +43.1 % a year. The price currently implies -29.9 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Riddhi Corporate Services Limited (540590) growing?
The median revenue growth in the sector is +9.0 % a year. That is the yardstick for the growth priced into Riddhi Corporate Services Limited (-29.9 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Riddhi Corporate Services Limited (540590)?
The free-cash-flow yield on the price is 36.93 %: that much free cash flow Riddhi Corporate Services Limited produces per unit of market value. When it exceeds the discount rate of our models (12.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Riddhi Corporate Services Limited (540590)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Riddhi Corporate Services Limited it is ₹106.28 per share (as of Oct 3, 2026), against a price of ₹54.49. It is the blended result of 25 valuation models (cash flow, earnings, asset, dividend).
Is Riddhi Corporate Services Limited stock overvalued or undervalued in 2026?
As of Oct 3, 2026, 540590 trades below its calculated fair value: price ₹54.49, fair value ₹106.28, a gap of about +95% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 540590?
No. The price is what the market pays today (₹54.49); the fair value is what the company's own numbers justify (₹106.28). For Riddhi Corporate Services Limited the two are ₹51.79 per share apart. That gap is exactly why we show both numbers side by side.
How much is Riddhi Corporate Services Limited worth?
The market values Riddhi Corporate Services Limited at about ₹2.0B (market capitalisation, as of Oct 3, 2026). Per share that is ₹54.49; our models calculate a fair value of ₹106.28 per share.
What do the bullish and bearish scenarios say about 540590?
Our models span a range for Riddhi Corporate Services Limited: cautious scenario ₹65.88, base ₹106.28, optimistic ₹139.51 per share (as of Oct 3, 2026, price ₹54.49). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 540590?
Riddhi Corporate Services Limited trades at a price-to-earnings ratio of 34.3 (as of Oct 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹106.28 is built from several models across several years.
How solid is the balance sheet of Riddhi Corporate Services Limited (540590)?
Balance-sheet figures for Riddhi Corporate Services Limited (as of Oct 3, 2026): debt of 0.01 per unit of equity. They feed the Quality Score of 71/100, which measures business quality independently of the share price.
How far is 540590 from its 52-week high?
Riddhi Corporate Services Limited trades at ₹54.49, about 30% below its 52-week high of ₹78.29 and 6% above the low of ₹51.31 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹106.28 is for.
Which stocks are comparable to Riddhi Corporate Services Limited?
From the same area (Information Technology) we also value BLUECLOUDS, CEINSYSTECH, ACESOFT, SOFTSOL, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Riddhi Corporate Services Limited stock attractive at the current price?
The data as of Oct 3, 2026: price ₹54.49, calculated fair value ₹106.28 (+95%), Quality Score 71/100, from 25 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 540590 calculated?
We run Riddhi Corporate Services Limited through 25 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹106.28, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.0 % above its aggregate fair value. Riddhi Corporate Services Limited currently trades 49 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Riddhi Corporate Services Limited (540590)?
The closing price on Oct 1, 2026 was ₹54.49. Our model-based fair value is ₹106.28, about +95% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Riddhi Corporate Services Limited right now?
The rarer combination: high quality (71/100) AND below fair value. That earns a closer look rather than a quick verdict. The price is below even our cautious bear case (₹65.88). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range (₹65.88 to ₹139.51) leaves room in how you read the outcome.
Key figures of Riddhi Corporate Services Limited
How large is the market capitalisation of Riddhi Corporate Services Limited (540590)?
The market capitalisation of Riddhi Corporate Services Limited is ₹2.0B (≈ $20.3M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Riddhi Corporate Services Limited (540590)?
The price-to-sales ratio of Riddhi Corporate Services Limited is 0.60 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Riddhi Corporate Services Limited (540590)?
Earnings per share at Riddhi Corporate Services Limited are ₹5.02 (price ÷ EPS = P/E 34.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Riddhi Corporate Services Limited (540590)?
The dividend yield of Riddhi Corporate Services Limited is 0.3% (payout 3.2%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Riddhi Corporate Services Limited (540590)?
The net margin of Riddhi Corporate Services Limited is 1.7% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the EBIT return on assets of Riddhi Corporate Services Limited (540590)?
On an EBIT basis the return on assets of Riddhi Corporate Services Limited is 5.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
How much net debt does Riddhi Corporate Services Limited (540590) carry?
The net debt of Riddhi Corporate Services Limited is ₹1.9M (fiscal year 2025, ≈ 0.0 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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