Company Overview

Richa Info Systems Limited was incorporated on October 1, 2010, as "Richa Info Systems Private Limited" in Gandhinagar, Gujarat. It later became a public limited company, changing its name to "Richa Info Systems Limited" on September 14, 2021. Initially focused on office automation products, the company has evolved into an assembler and systems integrator of multifaceted technology solutions. Its product portfolio includes interactive flat panels, interactive boards, digital podiums, digital kiosks, and CCTV cameras. Richa Info Systems serves a diverse range of sectors, including Government, Public Sector Undertakings (PSUs), Education, and Defense, providing solutions through platforms like Government e Marketplace (GeM).

Business Operations and Product Portfolio

The company is involved in assembling innovative products and integrating complex systems. It procures semi-finished goods both locally and internationally (from China) and assembles them at its facility in Gujarat. High demand and urgent supply needs are met by outsourcing assembly work to third parties. Richa Info Systems offers a wide array of "Innovative Solutions" such as interactive flat panel boards, digital podiums, CCTV cameras, eLearning content, office automation, and security surveillance systems. These are supplied to government organizations and educational institutions, supported by an in-house Knowledge Center. The company prioritizes customer satisfaction, delivering quality products at competitive prices, with stringent quality checks at all production stages and annual maintenance services. Richa Info Systems holds ISO 9001:2015 certification and a Quality System certificate from BIC Limited UK. The company has established a network of distributors and dealers across various Indian states.

Market Position and Financial Performance

Richa Info Systems Limited has a market capitalization of ₹19.4 Cr as of July 2025. As of April 09, 2025, the company's PE ratio was 31.82 and its PB ratio was 0.53. The 52-week high for its share price was ₹105.95, while the 52-week low was ₹50.50.

The company has demonstrated significant financial growth. For H2 FY25, Richa Info Systems Ltd. reported a remarkable 969% year-over-year (YoY) increase in net profit, reaching ₹4.81 crores. Revenue surged by 295% YoY, and Earnings Per Share (EPS) rose by 970%. Despite trading at a 32% discount from its 52-week high, its strong financial performance indicates considerable growth potential.

For the half-year ended H1 FY25, the consolidated net profit grew by 65.4% to ₹0.43 crore compared to ₹0.26 crore in H1 FY24. Revenue from operations increased by 12.5% YoY to ₹10.65 crore in H1 FY25.

Key Financial Metrics

• Revenue FY25: ₹128 Cr

• Profit FY25: ₹5.24 Cr

• Market Cap (July 2025): ₹19.4 Cr

• ROE (3-year average): 8.23%

• Revenue Growth (5-year CAGR): 21.19%

Recent Corporate Developments

The company has secured significant business opportunities, highlighting its expanding market presence. On January 08, 2025, after market hours, it was announced that Richa Info Systems Ltd. had signed a supply and services agreement valued at ₹100 crore. This order involves providing services related to television and associated items, including TV technologies, and is to be implemented within six months.

Leadership and Governance

The Chairman and Managing Director of the company is Tushar Shah. There have been notable shifts in the ownership structure, with promoter holding decreasing by 41.0% over the last quarter, standing at 12.6% currently.

Operational Strengths and Challenges

A key operational strength is that the company is almost debt-free. However, it faces some challenges, including high debtors with an average collection period of 186 days. Additionally, working capital days have increased significantly from 208 days to 301 days.

Despite reporting consistent profitability, the company has not paid dividends, which suggests a strategic reinvestment of profits for business expansion and growth initiatives. The stock is classified as a Small Cap company within the Industrials sector, specifically in the Academic & Educational Services sub-sector. This positioning allows it to potentially benefit from India's digital education initiatives and government technology procurement programs, such as those facilitated by GeM.