Rithwik Facility Management Services Ltd (540843)
🎯 Key Takeaways
- Rithwik Facility Management Services Ltd is in a mature, stable phase with no aggressive growth signals, characterized by consistent profitability, low leverage, and a focus on governance and incremental expansion. The company has maintained flat profitability despite a slight revenue decline, reflecting operational resilience and disciplined cost management.
- ⚠️ Revenue decline of 5.39% YoY in FY2025-26 raises concerns about demand sustainability or pricing pressure in core service segments, despite stable pro
- Market Cap
- ₹48
- P/B Ratio
- 1.90
- Debt/Equity
- 0.12
- Div Yield
- 0.64%
- Promoter
- 73.5%
📖 The Story
Rithwik Facility Management Services Ltd is in a mature, stable phase with no aggressive growth signals, characterized by consistent profitability, low leverage, and a focus on governance and incremental expansion. The company has maintained flat profitability despite a slight revenue decline, reflecting operational resilience and disciplined cost management.
📰 What's Happening
The company conducted its 16th AGM on September 30, 2026, where it adopted audited standalone financial statements for FY2025-26, declared a 10% final dividend (Re.1 per share), and appointed three directors including an Independent Director. The AGM concluded within 25 minutes with 22 shareholders present, and voting results were to be published within 48 hours. Earlier, on September 7, 2026, it announced the dividend record date of September 23, 2026, for eligibility ahead of dividend payout. The annual report filed on September 4, 2026, confirmed FY2025-26 revenue of ₹40.18 crores (down 5.39% YoY) and stable PAT of ₹3.51 crores, with management emphasizing expansion in Tier 2/3 markets, ESG compliance, and technology adoption as strategic levers.
Source: Stock Announcements
📊 Quarterly Results (₹ Cr)
| Metric | Jun 2017 |
|---|---|
| Revenue | 6 |
| Operating Profit | 0 |
| OPM % | 1.5% |
| Net Profit | 0 |
| EPS | ₹0.27 |
Despite a 5.39% YoY decline in revenue to ₹40.18 crores in FY2025-26, the company maintained flat profitability (PAT of ₹3.51 crores), indicating effective cost control and operational efficiency. This stability is attributed to management's focus on integrated and hard facility services, sustainability initiatives, and digital transformation, which appear to be cushioning margin pressures. The consistent PAT and controlled expense structure suggest that the revenue dip has not translated into earnings erosion, supporting the narrative of a resilient business model.
🔮 Management Outlook & What's Next
Management is positioning the company for long-term growth through expansion in Tier 2 and Tier 3 markets, enhanced sustainability and energy efficiency programs, and increased technology adoption in integrated facility management. The annual report underscores these as core strategic priorities, with no mention of new revenue streams or major acquisitions, indicating a phased, organic expansion approach focused on operational deepening rather than broad diversification.
Extracted from official company announcements. Not StockFin.ai's opinion.
🏦 Balance Sheet (₹ Cr)
| Item | Mar 2025 | Mar 2026 |
|---|---|---|
| Equity Capital | 3 | 3 |
| Reserves | 19 | 22 |
| Borrowings | 4 | 3 |
| Total Liabilities | 27 | 31 |
| Fixed Assets | 3 | 4 |
| Investments | 0 | 0 |
| Total Assets | 27 | 31 |
The balance sheet reflects a strong equity base of ₹3 crores and growing reserves of ₹22 crores as of March 2026, up from ₹19 crores in the prior year, signaling retained earnings accumulation. Borrowings remain minimal at ₹3 crores, down from ₹4 crores, indicating a conservative capital structure and a strategic preference for internal financing or debt reduction over leverage-driven growth.
💰 Cash Flow Statement (₹ Cr)
| Item | Mar 2025 |
|---|---|
| Operating | +6 |
| Investing | -2 |
| Financing | -1 |
| Net Cash Flow | +4 |
👥 Shareholding Pattern
| Category | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 |
|---|---|---|---|---|
| Promoters | 73.5% | 73.5% | 73.5% | 73.5% |
| FII | 0.0% | 0.0% | 0.0% | 0.0% |
| DII | 0.0% | 0.0% | 0.0% | 0.0% |
| Public | 7.4% | 7.3% | 7.3% | 7.3% |
| # Shareholders | 85 | 84 | 84 | 85 |
Promoter holding remains stable at 73.53% across all recent quarters, with no significant changes in FII or DII participation (consistently at 0%), suggesting limited institutional interest or passive investor presence. The shareholder base is highly concentrated, with 85 shareholders recorded in Q1FY27, indicating a stable but narrow ownership structure with no signs of activist activity or major stake sales.
⚖️ Peer Comparison — Miscellaneous
| Company | MCap (₹ Cr) | P/E | ROCE | ROE | D/E |
|---|---|---|---|---|---|
| GMRAIRPORT | 1.00 L Cr | 206.6 | 12.1% | — | -13.08 |
| NBCC | 21,222 | 28.7 | 41.3% | — | 0.00 |
| CMPDI | 14,898 | 27.0 | 32.4% | — | 0.00 |
| IGIL | 13,658 | 22.4 | 56.1% | — | 0.00 |
| HORIZONIND | 12,321 | — | — | — | 1.22 |
| RITES | 10,061 | 24.1 | 23.1% | — | 0.00 |
| RAIN | 7,194 | 13.4 | 12.0% | — | 1.21 |
| INOXGREEN | 6,456 | 51.7 | 9.4% | — | 0.10 |
| SIS | 5,921 | 40.4 | 8.0% | — | 0.56 |
| CMRGREEN | 4,929 | 22.1 | 18.4% | — | 0.65 |
🔗 Peer Stock Analyses
⚠️ Risk Factors
1. Revenue decline of 5.39% YoY in FY2025-26 raises concerns about demand sustainability or pricing pressure in core service segments, despite stable profitability. 2. Dependence on a concentrated geographic footprint, with management highlighting Tier 2/3 expansion only now, suggests limited scalability in higher-growth urban markets. 3. Pending tax and GST disputes, though not material, could introduce financial or operational uncertainty if unresolved unfavorably.
📋 Recent Filings
- 🔴 Announcement2026-10-01Rithwik Facility Management Services Ltd received a GST show cause notice from the Assistant Commissioner of ST, Guindy Assessment Circle on October 1…
- 🟡 Board Meeting2026-09-30Rithwik Facility Management Services held its 16th AGM on September 30, 2026 at 04:00 PM in Chennai, adopting audited standalone financial statements …
- Announcement2026-09-29Rithwik Facility Management Services Ltd announced that its insider trading compliance window will close on October 1, 2026, and remain shut for 48 ho…
- 🔴 Corporate Action2026-09-07Rithwik Facility Management Services announced a dividend of 10% on face value (Re.1 per share) with a record date of September 23, 2026, determining …
- 🔴 annual report2026-09-04Rithwik Facility Management Services Limited reported FY 2025-26 revenue of **[amount context mismatch] crores**, down 5.39% from ₹42.47 crores in FY …
- 🟡 Board Meeting2026-09-04Rithwik Facility Management Services announced its Annual General Meeting on September 30, 2026, with book closure from September 24 to 30 for dividen…
- 🟡 Board Meeting2026-09-04Rithwik Facility Management Services Ltd announced its 16th Annual General Meeting on September 30, 2026 at 4:00 PM at its registered office in Chenna…
- 🔴 annual report2026-09-04Rithwik Facility Management Services Limited reported FY 2025-26 revenue of **[amount context mismatch] crores**, down 5.39% from ₹42.47 crores in FY …
🧠 Analyst's Read
Rithwik Facility Management Services demonstrates financial resilience and governance discipline, with stable earnings and a conservative capital structure, but faces modest top-line headwinds. Investors should monitor execution of Tier 2/3 expansion plans and resolution of regulatory matters as key near-term catalysts.
Based on filing content and financial data. Not a recommendation.
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Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-10-01.
Editorial & Data Transparency Notice
This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.
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