Richa Info Systems FY26 net profit rises 42.8% to ₹748.09 lakh

1 min read     Updated on 26 May 2026, 10:23 AM
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AI Summary

Richa Info Systems reported a 42.8% increase in FY26 net profit to ₹748.09 lakh, driven by an 11.8% rise in revenue from operations to ₹14,281.15 lakh. The Board approved the audited results on May 25, 2026, with the statutory auditor issuing an unmodified opinion. The company confirmed no material deviations in preferential issue proceeds and no outstanding defaults on debt.

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Richa Info Systems reported a net profit of ₹748.09 lakh for the financial year ended March 31, 2026, marking a 42.8% increase from ₹523.80 lakh in the prior year. Revenue from operations grew 11.8% to ₹14,281.15 lakh, supported by contributions from its Information Technology and Electronic divisions. The company’s total revenue for FY26 stood at ₹14,283.72 lakh.

The Board of Directors approved the audited financial results during a meeting held on May 25, 2026. Statutory auditor Bhatt Shah Mekhia & Co. issued an audit report with an unmodified opinion on the financial results for the period ended March 31, 2026. The company confirmed that there were no material deviations in the utilization of proceeds from preferential issues raised during the year.

Financial Performance

The Information Technology division recorded segment revenue of ₹6,027.44 lakh for the year, while the Electronic division contributed ₹8,253.71 lakh. Total expenses for FY26 increased to ₹13,281.87 lakh from ₹12,056.51 lakh in FY25. The profit before tax for the year was ₹1,001.85 lakh, compared to ₹716.38 lakh in the previous year.

Key Financial Metrics (FY26 vs FY25)

Particulars FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Revenue from operations 14,281.15 12,769.27
Total Revenue 14,283.72 12,772.89
Total Expenses 13,281.87 12,056.51
Profit Before Tax 1,001.85 716.38
Net Profit 748.09 523.80
Basic EPS (₹) 5.44 16.96

Segment Results

For the half-year ended March 31, 2026, the company reported a net profit of ₹190.57 lakh, a decrease from ₹480.89 lakh in the corresponding period of the previous year. Revenue for the half-year stood at ₹5,688.09 lakh. The Electronic division led the half-year performance with a segment revenue of ₹3,396.77 lakh, followed by the Information Technology division at ₹2,291.32 lakh.

Disclosures and Compliance

The company disclosed related party transactions with Key Managerial Personnel (KMP) and associate companies. Transactions included remuneration paid to KMP and sales of goods and services to associate companies. Richa Info Systems confirmed there were no outstanding defaults on loans or debt securities as of March 31, 2026. Additionally, the company stated it remains outside the purview of Large Corporate criteria as defined by relevant SEBI circulars.

Historical Stock Returns for Richa Info Systems

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+4.71%+30.15%+22.45%+8.96%-24.21%

What strategic initiatives will Richa Info Systems prioritize to sustain the 42.8% profit growth into the next financial year?

How does the company plan to balance the growth between its Information Technology and Electronic divisions given the current revenue split?

Will the company consider increasing dividend payouts or reinvesting the surplus capital following the significant rise in net profit?

Richa Info Systems secures Rs 1.22 crore order from Gujarat hospital

1 min read     Updated on 26 May 2026, 03:25 AM
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AI Summary

Richa Info Systems secured purchase orders worth Rs 1.22 crore from Dental College and Hospital Gujarat for IT equipment including interactive panels and video recorders. The domestic contract, disclosed on May 23, 2026, requires execution within 15 days and involves no related party transactions.

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Richa Info Systems has secured purchase orders worth Rs 1,22,66,600 from Dental College and Hospital Gujarat for the supply of IT infrastructure and display equipment. The orders, received via email on May 21, 2026, cover a range of hardware including interactive panels, video recorders, and network components. This contract is domestic in nature and does not involve any related party transactions or promoter group interests.

The company disclosed the development in a filing submitted to the National Stock Exchange of India Limited on May 23, 2026. The notification was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with relevant SEBI circulars. Tushar Dineshchandra Shah, Chairman Cum Managing Director, signed the disclosure on behalf of the company.

Order Details

The purchase orders encompass 12 distinct line items catering to the technological requirements of the Gujarat-based institution. The equipment includes high-end interactive panels, surveillance systems, and printing solutions. The total value of the order is inclusive of Goods and Services Tax (GST).

Sr. No. Product Name Order Value (Rs.)
1 Interactive Panels with CPU (86 NR-T) 18,96,000.00
2 Interactive Panels with CPU (86 NR-T) 18,96,000.00
3 Video Recorder for CCTV System 15,80,000.00
4 Professional Large Format Display 7,44,000.00
5 Server or Network Rack (V2) (Q2) 4,60,000.00
6 Electronic Lectern (Q2) 9,98,000.00
7 Multimedia Projector (MMP) (Q2) 9,29,800.00
8 Multimedia Projector (MMP) (Q2) 9,29,800.00
9 Ethernet Cables (Q2) 8,47,000.00
10 Electronic Lectern (Q2) 9,96,000.00
11 A3 Size Multifunction Printer 4,95,000.00
12 A3 Size Multifunction Printer 4,95,000.00
Total 1,22,66,600.00

Execution Timeline

The contract stipulates a strict execution schedule for the supply of these goods. According to the disclosure, the order must be executed within 15 days from the date of the purchase order. This timeline requires the immediate mobilization of inventory and logistics by the company to meet the delivery deadline set by the customer.

Historical Stock Returns for Richa Info Systems

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+4.71%+30.15%+22.45%+8.96%-24.21%

How will the strict 15-day execution timeline impact Richa Info Systems' operational margins and logistics costs?

Does this order signal a broader trend of increased IT infrastructure spending by public healthcare institutions in Gujarat?

Will this contract improve the company's order book visibility for the remainder of the fiscal year?

More News on Richa Info Systems

1 Year Returns:+8.96%