About Rikhav Securities
Rikhav Securities is a publicly listed company based in Mumbai (India) founded in 2006. Brokerage and consulting services are provided in the securities sector. Its website rikhav.net draws about 14 thousand monthly visits. Its Indian entity Rikhav Securities Limited reported revenue of ₹1,992 Cr. Rikhav Securities offers products and services including Online Trading and Demat Services. Its focus areas include Brokers and Dealers.
Company details
Rikhav Securities was founded in 2006 and is located in Mumbai, India. Brokerage and consulting services within the financial securities domain are offered to clients. Operations are based in Mumbai, with an online platform accessible via rikhav.net. Ownership is attributed to Hitesh Lakhani, designated as the owner. Activities focus on brokerage transactions and advisory consulting in the Indian financial market, supporting investor needs in the region.
- Headquarters Mumbai, India
- Stage Public
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website rikhav.net
- Social LinkedIn X
- Legal Name Rikhav Securities Ltd.
- Market Cap₹203 Cr
RIKHAV · BSE
- Share Price₹52.40
-1.00% today
- Revenue₹1,992 Cr
FY 2025-26 · +507.6% YoY
- EBITDA₹32.46 Cr
Margin 1.6%
- Net Profit₹18.84 Cr
FY 2025-26 · -20.1% YoY
- P/E (TTM)10.4x
P/B 0.8x
- ROE8.0%
ROCE 13.1%
- Debt / Equity0.02
Interest cover 17.0x
Associated legal entities of Rikhav Securities
Rikhav Securities is associated with 2 registered companies on The Company Check; the primary company is Rikhav Securities Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Rikhav Securities Limited Listed CIN L99999MH1995PLC086635 | Active | 21 Mar 1995 | Mumbai, Maharashtra | ₹1,992 Cr | 13 | 8 | View details |
| Rikhav Securities Limited CIN U99999MH1995PLC086635 | 21 Mar 1995 | Mumbai, Maharashtra, India | View details |
Products & Services of Rikhav Securities
Rikhav Securities offers a comprehensive portfolio of products and services, including Online Trading and Demat Services.
Online trading services are provided for equities and derivatives through secure platforms.
Demat accounts are managed for the holding and transfer of securities in compliance with regulations.
Board of directors of Rikhav Securities Limited (Rikhav Securities)
Rikhav Securities Limited is the primary company behind Rikhav Securities. The board of Rikhav Securities Limited currently have 6 directors; the longest-serving is Manish Lalitkumar Jain, appointed in 2006. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manish Lalitkumar Jain DIN 01310249 | Director | 13 Jan 2006 | 20 yrs 9 mo | Rikhav Securities Limited |
| Hitesh Himatlal Lakhani DIN 01457990 | Managing Director | 14 Apr 2006 | 20 yrs 6 mo | Rikhav Securities Limited |
| Monil Rajendra Shah DIN 08064436 | Director | 09 Oct 2021 | 5 yrs | Rikhav Securities Limited |
| Tarang Madanjit Mehta DIN 01528135 | Director | 16 Feb 2023 | 3 yrs 8 mo | Rikhav Securities Limited |
| Rajendra Navalchand Shah DIN 01248226 | Whole-time director | 28 Mar 2024 | 2 yrs 6 mo | Rikhav Securities Limited |
| Bharti Hitesh Lakhani DIN 01077839 | Director | 06 Jul 2024 | 2 yrs 3 mo | Rikhav Securities Limited |
People of Rikhav Securities
1 people are tracked at Rikhav Securities (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Owner | Leadership |
Complete people profiles for Rikhav Securities
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Rikhav Securities
Rikhav Securities is a publicly listed company on the BSE with ticker symbol RIKHAV in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date22 Jan 2025
- Listed onBSE: 544340
- Listed entityRikhav Securities Ltd.
- Exchange sectorFinance
- ISININE0CFH01028
- Share price₹52.15 (+2.01% on the day) · 2026-10-14
- Market capitalisation₹196 Cr
- Price to earnings10.5
- EPS (diluted, trailing year)₹4.95
- Volume (last session)4,800
Financials of Rikhav Securities
Exchange-reported figures of Rikhav Securities Limited, the listed company behind Rikhav Securities (BSE: RIKHAV).
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 1,992 | 328 | 111 | 49.47 | 35.50 |
| Revenue growth | +507.6% | +196.5% | +123.4% | +39.4% | - |
| EBITDA | 32.46 | 35.32 | 54.85 | 23.38 | 18.33 |
| EBITDA margin | +1.6% | +10.8% | +49.6% | +47.3% | +51.6% |
| Profit before tax | 26.10 | 28.03 | 51.38 | 24.63 | 22.12 |
| Net profit | 18.84 | 23.57 | 42.23 | 19.11 | 17.62 |
| Net profit margin | +1.0% | +7.2% | +38.2% | +38.6% | +49.6% |
| EPS (₹) | 4.95 | 6.18 | 28.17 | 12.75 | 35.29 |
| Balance sheet | |||||
| Total assets | 254 | 227 | 179 | 105 | 91.17 |
| Net worth | 245 | 227 | 139 | 94.96 | 75.86 |
| Total debt | 8.69 | 0.11 | 40.18 | 9.94 | 15.06 |
| Cash & bank | 237 | 160 | 13.64 | 7.34 | 23.85 |
| Net working capital | 244 | 222 | (90.72) | (66.13) | (55.77) |
| Cash flow | |||||
| Cash from operations | 65.32 | (185) | 109 | (8.87) | (36.64) |
| Cash from investing | (6.75) | 137 | (96.84) | 0.80 | 76.27 |
| Cash from financing | 2.57 | 18.45 | (2.75) | (8.44) | (17.68) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 1,992 | 328 | 110 | 53.52 | 42.72 |
| Revenue growth | +507.4% | +197.0% | +106.2% | +25.3% | - |
| EBITDA | 32.63 | 35.70 | 55.01 | 28.35 | 25.09 |
| EBITDA margin | +1.6% | +10.9% | +49.8% | +53.0% | +58.7% |
| Profit before tax | 26.18 | 28.29 | 51.54 | 24.32 | 21.41 |
| Net profit | 19.00 | 23.93 | 42.39 | 20.20 | 17.38 |
| Net profit margin | +1.0% | +7.3% | +38.4% | +37.7% | +40.7% |
| EPS (₹) | 4.97 | 6.25 | 28.28 | 13.47 | 34.82 |
| Balance sheet | |||||
| Total assets | 255 | 227 | 178 | 104 | 80.84 |
| Net worth | 246 | 227 | 138 | 95.93 | 75.75 |
| Total debt | 8.69 | 0.11 | 40.10 | 7.80 | 5.09 |
| Cash & bank | 237 | 160 | 12.77 | 70.77 | 80.44 |
| Net working capital | 243 | 221 | (61.82) | (0.76) | 1.77 |
| Cash flow | |||||
| Cash from operations | 65.47 | (184) | 105 | (31.00) | 2.21 |
| Cash from investing | (6.74) | 137 | (93.83) | 15.13 | 38.13 |
| Cash from financing | 2.47 | 18.33 | (2.75) | 7.06 | (3.08) |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 1,992 | 328 | 111 | 49.47 | 35.50 |
| Revenue growth | +507.6% | +196.5% | +123.4% | +39.4% | - |
| Other income | 0.17 | 0.12 | 0.07 | 5.06 | 7.48 |
| Total expenses | 1,959 | 292 | 55.68 | 26.09 | 17.17 |
| Employee cost | 14.93 | 15.13 | 16.98 | 8.75 | 5.10 |
| EBITDA | 32.46 | 35.32 | 54.85 | 23.38 | 18.33 |
| EBITDA margin | +1.6% | +10.8% | +49.6% | +47.3% | +51.6% |
| Depreciation | 1.22 | 0.69 | 0.60 | 0.49 | 0.32 |
| Interest | 5.31 | 6.72 | 2.94 | 3.32 | 3.37 |
| Profit before tax | 26.10 | 28.03 | 51.38 | 24.63 | 22.12 |
| Tax | 7.14 | 4.36 | 9.15 | 5.05 | 4.50 |
| Net profit | 18.84 | 23.57 | 42.23 | 19.11 | 17.62 |
| Net profit margin | +1.0% | +7.2% | +38.2% | +38.6% | +49.6% |
| EPS (₹) | 4.95 | 6.18 | 28.17 | 12.75 | 35.29 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 19.15 | 19.15 | 14.98 | 14.98 | 4.99 |
| Reserves & surplus | 226 | 207 | 124 | 79.98 | 70.87 |
| Shareholders' funds (net worth) | 245 | 227 | 139 | 94.96 | 75.86 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 5.74 | 0.11 | 0.27 | 2.09 | 9.97 |
| Unsecured loans | 2.95 | 0.00 | 39.91 | 7.85 | 5.09 |
| Total debt | 8.69 | 0.11 | 40.18 | 9.94 | 15.06 |
| Total liabilities | 254 | 227 | 179 | 105 | 91.17 |
| Assets | |||||
| Gross block | 7.26 | 2.54 | 8.82 | 8.25 | 6.57 |
| Net block | 6.85 | 2.25 | 2.05 | 2.08 | 0.89 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.42 |
| Investments | 0.13 | 0.12 | 131 | 97.65 | 72.05 |
| Inventories | 104 | 111 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 16.03 | 10.84 | 4.19 | 5.59 | 6.79 |
| Cash & bank balances | 237 | 160 | 13.64 | 7.34 | 23.85 |
| Loans & advances | 30.51 | 3.23 | 6.32 | 3.37 | 3.12 |
| Total current assets | 388 | 285 | 24.15 | 16.30 | 33.76 |
| Total current liabilities | 144 | 62.88 | 115 | 82.43 | 89.53 |
| Net working capital | 244 | 222 | (90.72) | (66.13) | (55.77) |
| Total assets | 254 | 227 | 179 | 105 | 91.17 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | (16.14) | 13.03 | 4.18 | 23.85 | 1.90 |
| Net cash from operating activities | 65.32 | (185) | 109 | (8.87) | (36.64) |
| Net cash from investing activities | (6.75) | 137 | (96.84) | 0.80 | 76.27 |
| Net cash from financing activities | 2.57 | 18.45 | (2.75) | (8.44) | (17.68) |
| Net change in cash | 61.14 | (29.17) | 9.46 | (16.51) | 21.95 |
| Closing cash | 237 | 160 | 13.64 | 7.34 | 23.85 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | +507.6% | +196.5% | +123.4% | +39.4% | - |
| EBITDA growth | -8.1% | -35.6% | +134.6% | +27.6% | - |
| PBT growth | -6.9% | -45.5% | +108.6% | +11.4% | +9997.0% |
| Net income growth | -20.1% | -44.2% | +121.0% | +8.5% | - |
| Revenue CAGR (3Y) | +242.7% | +109.8% | - | - | - |
| EBITDA CAGR (3Y) | +11.6% | +24.4% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +1.0% | +7.2% | +38.2% | +39.6% | +49.6% |
| Return on capital employed | +13.1% | +17.2% | +38.2% | +28.4% | +28.0% |
| Return on net worth | +8.0% | +13.0% | +36.2% | +22.9% | +23.2% |
| Debt / equity | 0.02 | 0.11 | 0.21 | 0.15 | 0.20 |
| Long-term debt / equity | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 17.00 | 19.41 | 5.42 | 14.50 | 18.71 |
| Efficiency & per share | |||||
| Fixed asset turnover | 406.47 | 57.73 | 12.96 | 7.36 | 6.54 |
| Inventory turnover | 18.50 | 5.90 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 148.25 | 43.63 | 22.62 | 8.81 | 6.33 |
| EPS (₹) | 4.95 | 6.18 | 28.17 | 12.75 | 35.29 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 64.09 | 59.14 | 92.47 | 63.38 | 151.90 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 1,992 | 328 | 110 | 53.52 | 42.72 |
| Revenue growth | +507.4% | +197.0% | +106.2% | +25.3% | - |
| Other income | 0.07 | 0.00 | 0.07 | 0.05 | 0.00 |
| Total expenses | 1,959 | 292 | 55.37 | 25.17 | 17.63 |
| Employee cost | 14.91 | 15.07 | 16.98 | 8.60 | 5.13 |
| EBITDA | 32.63 | 35.70 | 55.01 | 28.35 | 25.09 |
| EBITDA margin | +1.6% | +10.9% | +49.8% | +53.0% | +58.7% |
| Depreciation | 1.21 | 0.69 | 0.60 | 0.48 | 0.31 |
| Interest | 5.31 | 6.72 | 2.94 | 3.60 | 3.37 |
| Profit before tax | 26.18 | 28.29 | 51.54 | 24.32 | 21.41 |
| Tax | 7.14 | 4.36 | 9.15 | 4.12 | 4.03 |
| Net profit | 19.00 | 23.93 | 42.39 | 20.20 | 17.38 |
| Net profit margin | +1.0% | +7.3% | +38.4% | +37.7% | +40.7% |
| EPS (₹) | 4.97 | 6.25 | 28.28 | 13.47 | 34.82 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 19.15 | 19.15 | 14.98 | 14.98 | 4.99 |
| Reserves & surplus | 226 | 207 | 123 | 80.95 | 70.76 |
| Shareholders' funds (net worth) | 246 | 227 | 138 | 95.93 | 75.75 |
| Secured loans | 5.74 | 0.11 | 0.19 | 0.00 | 0.02 |
| Unsecured loans | 2.95 | 0.00 | 39.91 | 7.80 | 5.07 |
| Total debt | 8.69 | 0.11 | 40.10 | 7.80 | 5.09 |
| Total liabilities | 255 | 227 | 178 | 104 | 80.84 |
| Assets | |||||
| Gross block | 11.23 | 5.75 | 8.78 | 8.22 | 6.53 |
| Net block | 6.84 | 2.24 | 2.03 | 2.08 | 1.29 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1.54 | 1.54 | 133 | 99.66 | 73.59 |
| Inventories | 104 | 111 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 15.12 | 9.86 | 3.65 | 4.84 | 6.48 |
| Cash & bank balances | 237 | 160 | 12.77 | 70.77 | 80.44 |
| Loans & advances | 30.22 | 2.93 | 36.63 | 5.37 | 4.66 |
| Total current assets | 387 | 283 | 53.05 | 80.98 | 91.58 |
| Total current liabilities | 144 | 62.83 | 115 | 81.74 | 89.81 |
| Net working capital | 243 | 221 | (61.82) | (0.76) | 1.77 |
| Total assets | 255 | 227 | 178 | 104 | 80.84 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | (16.31) | 12.77 | 4.36 | 13.18 | (24.08) |
| Net cash from operating activities | 65.47 | (184) | 105 | (31.00) | 2.21 |
| Net cash from investing activities | (6.74) | 137 | (93.83) | 15.13 | 38.13 |
| Net cash from financing activities | 2.47 | 18.33 | (2.75) | 7.06 | (3.08) |
| Net change in cash | 61.20 | (29.08) | 8.41 | (8.81) | 37.26 |
| Closing cash | 237 | 160 | 12.77 | 70.77 | 80.44 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | +507.4% | +197.0% | +106.2% | +25.3% | - |
| EBITDA growth | -8.6% | -35.1% | +94.0% | +13.0% | - |
| PBT growth | -7.5% | -45.1% | +111.9% | +13.6% | +9997.0% |
| Net income growth | -20.6% | -43.6% | +109.9% | +16.2% | - |
| Revenue CAGR (3Y) | +233.9% | +97.3% | - | - | - |
| EBITDA CAGR (3Y) | +4.8% | +12.5% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +1.0% | +7.3% | +38.4% | +37.7% | +40.7% |
| Return on capital employed | +13.1% | +17.3% | +38.6% | +30.2% | +30.7% |
| Return on net worth | +8.1% | +13.1% | +36.2% | +23.5% | +23.0% |
| Debt / equity | 0.02 | 0.11 | 0.20 | 0.08 | 0.07 |
| Long-term debt / equity | 0.01 | 0.00 | 0.00 | 0.00 | -0.38 |
| Interest cover | 16.90 | 19.19 | 5.40 | 12.92 | 13.60 |
| Efficiency & per share | |||||
| Fixed asset turnover | 234.58 | 45.13 | 12.99 | 7.26 | 6.54 |
| Inventory turnover | 18.50 | 5.90 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 159.46 | 48.54 | 26.02 | 9.46 | 6.59 |
| EPS (₹) | 4.97 | 6.25 | 28.28 | 13.47 | 34.82 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 64.12 | 59.15 | 92.32 | 64.03 | 151.68 |
Web traffic of Rikhav Securities
The website of Rikhav Securities (rikhav.net) receives about 14.2K visits a month.
- Monthly visits14.2K
▼ 44.8% vs previous month
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|---|---|---|---|---|---|---|
Trading in stocks, mutual funds, and commodities is facilitated. | 1995 | Mumbai, Maharashtra, India | USD 263.15 M | 1,580 | ||
Trading and investment services are provided through an online platform. | 2000 | Mumbai, Maharashtra, India | USD 310.83 M | 3,228 | ||
Financial services encompassing wealth management and stock brokerage are offered. | 1994 | Mumbai, Maharashtra, India | USD 127.79 M | 1,160 |
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Frequently Asked Questions about Rikhav Securities
Rikhav Securities was founded in 2006.
Rikhav Securities is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Rikhav Securities, Rikhav Securities Limited, reported revenue of ₹1,992 Cr for FY 2026, up 508% year on year.
Rikhav Securities was founded in 2006 and is located in Mumbai, India. Brokerage and consulting services within the financial securities domain are offered to clients. Operations are based in Mumbai, with an online platform accessible via rikhav.net. Ownership is attributed to Hitesh Lakhani, designated as the owner. Activities focus on brokerage transactions and advisory consulting in the Indian financial market, supporting investor needs in the region.
Rikhav Securities offers Online Trading and Demat Services.
Yes, Rikhav Securities is publicly traded on BSE under the ticker symbol RIKHAV.
Rikhav Securities operates through Rikhav Securities Limited.
The legal entities of Rikhav Securities currently have 7 directors, including Manish Lalitkumar Jain, Hitesh Himatlal Lakhani, Monil Rajendra Shah and others.