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Rikhav Securities share price & results

Rikhav Securities Limited· Financial Services

Results to
Mar 2026
Latest analysed call
Q4 FY26
Ownership as of
Mar 2026

Maharashtra/Gujarat-rooted stock broker and BSE/NSE/MCX market maker offering equity & derivatives broking, depository, mutual-fund distribution and proprietary arbitrage trading.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue1,596 ₹ crore+609.3% YoYQuarterly, as filedQuarter to Mar 2026Revenue from operations as filed.
Operating margin-0.1 %+15.9 pts YoYOperating profit / revenueQuarter to Mar 2026For the quarter; a change is in percentage points.
Net profit1.0 ₹ crore—Quarterly, as filedQuarter to Mar 2026Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown.
Return on equityUnavailable−5.1 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM · period unavailableNot in the analysed materials. No older figure is substituted.
Free cash flow margin2.97 %+59.7 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)Unavailable+69.0 ptsFY Mar 2025 vs FY Mar 2024Trailing twelve monthsTTM · period unavailableNot in the analysed materials. No older figure is substituted.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Mar 2026

Guidance

What management said, and what became of it

0 of 7 judged targets kept · 6 open · verdicts reflect calls analysed to Q4 FY26.

Rikhav Securities Limited management guidance track record on Inve: 13 targets tracked across analysed earnings calls (0 achieved, 7 missed, 6 open).

TargetOriginal wordingSaidLatest callVerdict
Segment-wise revenue disclosureWe will definitely give it next segment-wise.
Call transcript, Q4 FY25 · 15 May 2025		Q4 FY25Q4 FY26:No segment breakdown provided in the full year FY26 financials. This is the third consecutive reporting period where this has been omitted since the promise was made.
Call transcript, Q4 FY26 · 29 May 2026		Ghosted
Long-term Net ProfitMore than 100 crores profit after tax in next 5 years
Call transcript, Q2 FY26 · 11 Nov 2025		Q2 FY26Q4 FY26:FY26 PAT declined to 18.96 cr from 23.67 cr in FY25, moving the company further away from its long-term goal. The current trajectory is negative.
Call transcript, Q4 FY26 · 29 May 2026		At Risk
SLBM Profit RealizationRealize INR 4.33 crores of unrealized profit from SLBM transactions
Call transcript, Q4 FY26 · 29 May 2026		Q4 FY26Q4 FY26:Promised to be realized in coming quarters.
Call transcript, Q4 FY26 · 29 May 2026		New

Source: Inve Guidance Tracker for Rikhav Securities Limited · to Q4 FY26

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

7 of Rikhav Securities Limited's 13 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 10 more targets are in the full ledger.

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Price

₹49 −6.49% · −₹3.4

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −28.8% 1Y

₹40.0₹50.0₹60.0₹70.0Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 11 Nov 2025Q4 FY26 — 29 May 2026

1Y: ₹68.81 on 24 Oct 2025 → ₹49. High ₹70.84 (10 Nov 2025), low ₹37.7 (19 Mar 2026).

Previous close
₹52.4
Market cap
₹188 Cr
52-week range
₹37.7 – ₹70.84
One year
−27.31%
Price to earnings (FY ending Mar 2026)
9.96×
Return on equity (FY ending Mar 2026)
8.02%

Overview

Symbol
NSE:RIKHAV
Exchange
NSE
Currency
INR

What Rikhav Securities Limited does

Based on the company's own presentations, annual report and earnings calls.

Rikhav Securities is a diversified Indian stock-market services firm providing equity and derivatives (F&O), currency and commodities broking, CDSL depository services, mutual-fund distribution and IPO application services to retail, HNI and institutional clients. It is a registered market maker on BSE, NSE and MCX, supplying liquidity to roughly 46 new IPOs a year, and runs a proprietary trading desk that deploys algorithm-driven arbitrage and delta-hedging strategies on its own capital. Clients are onboarded and served through the "Rikhav Plus" online/mobile trading app plus a franchise and sub-broker network concentrated in Maharashtra and Gujarat and now expanding nationally.

Segments

  • Equity & Derivatives Broking
  • Market Making
  • Depository Services
  • Distribution of Mutual Funds
  • Proprietary Trading
Total client base
23,000+
Team size
195+
Client retention rate
99%
New clients added (FY25)
450+
Exchange memberships
Registered market maker on BSE (since 2012) and NSE; self-clearing member across cash, F&O & currency segments on MCX
Depository participant status
Registered Depository Participant with CDSL
Founded 1995Employees 195

How the price took the results

close before → close after

Q4 FY26
−3.1%
29 May
Q2 FY26
−2.9%
11 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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