The price of an indian IT-Hardware company is in focus as the company’s financial results show a robust Net profit growth of 969 percent YOY and revenue growth of 295 percent.
Price action
Richa Info Systems Ltd, with a market capitalization of Rs 17.5 crores, a previous closing of Rs 72. The company’s previous 52-week high was around Rs 105.95. The company is currently trading at a 32 percent discount from its previous high.
What Happened
Richa Info Systems Ltd, an IT products assembling of products and digital solutions company, has announced its results for the Financial year ‘25. Its Revenue grew by 295 percent YoY from Rs. 29.7 Crores in H2FY24 to Rs. 117 Crores in H2FY25, and it grew by 1003 percent from Rs. 10.6 Crores in H1FY25 to Rs. 117 Crores in H2FY25.
Its Net Profit grew by 969 percent YoY from Rs. 0.45 Crores in H2FY24 to Rs. 4.81 Crores in H2FY25. The Net profits have grown by 1018 percent from Rs. 0.43 Crores in H1FY25 to Rs. 4.81 Crores in H2FY25.
The company’s Earnings Before Interest, Depreciation, and Taxes (EBIDT) has also grown by 366 percent YOY from Rs 1.54 crs in H2FY24 to Rs 7.18 crs in H2FY25. Its EPS has also grown by 970 percent YOY from Rs. 1.85 in H2FY24 to Rs. 19.79 in H2FY25,
About the company
Richa Info Systems Ltd provides assembling of products and digital solutions The company is engaged in assembling products and systems. Integrator of solutions of products like Interactive Flat Panel, Interactive Board, Digital Podium, Digital Kiosk, and CCTV Cameras for customers in sectors like Government, PSUs, Education, and Defense. Company provides service to Government organizations across India through Government e-Marketplace (GeM).
The Company uses the technology of assembling and installing software in the majority of its products. The majority of products are semi-finished goods, and the Company assembles the semi-finished goods and installs the requisite software in products like Interactive Panel, digital Podium, and Digital Kiosk.
Written By Likesh Babu S
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