Richfield Financial Services
29.05
-0.95(-3.17%)
Market Cap₹21.79 Cr
PE Ratio36.14
Company Performance:
1D-3.17%
1M-7.66%
6M-15.06%
1Y-17.82%
5Y+706.94%
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More news about Richfield Financial Services
09Feb 26
Richfield Financial Services Appoints Mr. Peeyus A Kottam as Independent Director
Richfield Financial Services Limited has appointed Mr. Peeyus A Kottam as Additional Director (Non-Executive & Independent) effective February 9, 2026, following Board approval via circular resolution. Mr. Kottam brings over three decades of legal expertise, currently serving as President of Kerala High Court Advocates' Association and operating his practice in Ernakulam, Kerala. The appointment complies with SEBI regulations and strengthens the company's governance structure with an experienced independent director.
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03Dec 25
Richfield Financial Services Approves Preferential Issue of 40 Lakh Equity Shares
Richfield Financial Services Limited, an NBFC, received shareholder approval for a preferential issue of 40,00,000 equity shares to promoters and non-promoters. The funds will be utilized with a minimum of 75% for business activities including lending, loan disbursements, and operational expansion, while up to 25% will be used for general corporate purposes. This capital raise aims to support the company's rapid growth, as evidenced by its recent financial metrics showing significant increases in total assets and non-current liabilities.
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12Nov 25
Richfield Financial Services Reports Strong Q2 Results, Announces Branch Expansion
Richfield Financial Services Limited announced strong Q2 FY2025-26 results with revenue from operations increasing 54.03% year-over-year to ₹270.90 lakhs. The company's EPS turned positive at ₹0.45, up from a loss of ₹0.08 in the same quarter last year. The board approved expansion plans for branches in Kerala and Bangalore regions. The company maintains 100% promoter shareholding and reported no pending investor complaints.
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11Nov 25
Richfield Financial Services Plans Rs 10 Crore Preferential Share Issue
Richfield Financial Services Limited (RFSL) plans to raise Rs 10 crore through a preferential issue of 40 lakh equity shares at Rs 25 per share. The issue includes shares for both promoter and non-promoter investors, with 40,000 shares allocated to the promoter category and 39,60,000 to non-promoters. This move will change the shareholding pattern, reducing promoter stake from 47.52% to 31.34%. Funds will be used for business activities, growth opportunities, and general corporate purposes. An Extraordinary General Meeting is scheduled for December 3, 2025, to seek shareholder approval.
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14Oct 25
Richfield Financial Services Raises Rs 10 Crores Through Preferential Share Issue
Richfield Financial Services Limited plans to issue 40,00,000 equity shares at Rs 25.00 per share, raising Rs 10.00 crores. The issue involves 142 investors, including 141 non-promoters and 1 promoter. The company will open a separate bank account for the issue and has appointed CA S Dehaleesan as the Registered Valuer. The board also approved applying for a Corporate Agent License under IRDAI.
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28Aug 25
Richfield Financial Services to Acquire Rs. 10 Crore Loan Portfolio from KLM AXIVA FINVEST
Richfield Financial Services Limited's board has approved the acquisition of a loan portfolio worth up to Rs. 10.00 crore from KLM AXIVA FINVEST LIMITED. The transaction will be executed in one or more tranches and includes assigned receivables, security interests, rights, benefits, and facility agreements. This arm's length transaction complies with SEBI regulations and is expected to strengthen Richfield's market position in the financial services sector.
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16Aug 25
Richfield Financial Services Reports 195.8% Revenue Surge in Q1 FY2026
Richfield Financial Services Limited announced impressive Q1 FY2026 results. Revenue from operations soared 195.8% to ₹218.70 lakhs, up from ₹73.92 lakhs in Q1 FY2025. Net profit after tax grew 82.2% to ₹9.40 lakhs. Despite overall growth, earnings per share slightly decreased to ₹0.13 from ₹0.14. The company disclosed these unaudited results on August 15, 2025, following board approval on August 14, 2025.
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1 Year Returns:-17.82%
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