Rikhav Securities Ltd. · BSE:RIKHAV
Rikhav Securities — Investor Presentation (September 2025)
39 slides from Rikhav Securities's investor presentation, September 2025
Slide 1: Investor Presentation
BL c000 SECURITIES LTD Growth, Returns and Security Investor Presentation
Slide 2: Disclaimer
Disclaimer This presentation and the accompanying slides (the Presentation), which have been prepared by Rikhav Securities Limited (Rikhav, The Company) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shal
Slide 3: Built On Stability, Evolved Through Innovation
Built On Stability, Evolved Through Innovation Rikhav Securities has established a strong foundation with decades of operational experience, now evolving into a digitally enabled and diversified financial services provider.
Slide 4: Rikhav Securities Limited @ Glance
Rikhav Securities Limited @ Glance Rikhav Securities Limited is a diversified Indian stock-market services firm, incorporated in 1995 and formally launched in 2005. Through its broking arm, it delivers equity and derivatives trading with highly competitive, tailor-made brokerage rates and dedicated
Slide 5: Key Facts & Figures
Key Facts & Figures 30+ 23,000+ 450+ 99% ₹ 28,900+ Years Of Total Client Base Client Addition In FY25 Client Retention ARPU Experience Rikhav Plus 4.2 NSE & BSE Multi Asset Trading 195+ Online trading Rating On Google Registered Market Across NSE, BSE Team Size application Play store maker & MCX FY2
Slide 6: 20+ Years Of Growth: Rikhav’s Journey
20+ Years Of Growth: Rikhav’s Journey 2016 2019 2024 2025 • Pioneered weekly options Demat-account base crossed Launched “Rikhav Plus” an online Successfully Got Listed on BSE trading on the NIFTY Bank Index. 20,000, underscoring sustained trading app offering clients SME platform on January 22, 202
Slide 7: Multi-asset, Tech-enabled, Client-centric Model
Multi-asset, Tech-enabled, Client-centric Model The company operates a fully integrated financial services business spanning equity, F&O, commodities, currency, MTF, depository services, and market-making through a technology-driven platform
Slide 8: Comprehensive Financial Services By Rikhav Securities
Comprehensive Financial Services By Rikhav Securities Rikhav Securities Limited provides a comprehensive range of financial and capital market services, empowering investors with the insights and tools to make strategic and profitable decisions. Their offerings cater to retail, HNIs, and institution
Slide 9: Stock Broking Services
Stock Broking Services Rikhav Securities Limited is engaged in the trading of shares, stocks, forex, and arbitrage, including brokerage services across equity (cash and derivatives), currency, and clearing segments. Volume In ADTO FY25 Equity Broking • Member of NSE & BSE (Cash & Derivatives segment
Slide 10: Proprietary Trading
Proprietary Trading Rikhav Securities Limited operates a dynamic proprietary trading (prop) desk, leveraging advanced algorithmic models, delta hedging, and arbitrage strategies to generate returns independent of client flows. 01 02 03 Focused on F&O Backed by automated Includes auto-stop positions
Slide 11: Depository Services & Market Making
Depository Services & Market Making Depository Services Market Making Rikhav Is Registered Depository Participant With CDSL • Rikhav is registered Market Maker with BSE (since 2012) and NSE (since 2016) • Services offered to both broking & non-broking clients • Actively supports companies listing on
Slide 12: Mutual Fund Distribution & IPO Application Services
Mutual Fund Distribution & IPO Application Services Mutual Fund Distribution IPO Application Services • Rikhav offers a wide range of mutual fund schemes – • SEBI-registered Stock Broker under 1992 Regulations Equity Debt Hybrid ELSS • Enables clients to apply for active IPOs via a user-friendly onl
Slide 13: Margin Trading Facility
Margin Trading Facility Rikhav Securities Limited has commenced offering Margin Trading Facility (MTF) to its clients, enabling them to trade by availing credit against their existing holdings with BSE’s official approval. • Rikhav is officially approved by BSE & NSE to offer Margin Trading Facility
Slide 14: Rikhav Plus – Next-Gen Mobile Trading Platform
Rikhav Plus – Next-Gen Mobile Trading Platform Empowering Investors with Seamless Market Access Key Highlights Operational Excellence Integrated Customizable Live Market Multi-Asset Watchlists Rapid Order Bank-Grade In-App Portfolio Intelligence Capability Execution Security Oversight Trade equities
Slide 15: Meon Aadhaar eKYC Platform – Streamlined Digital Onboarding
Meon Aadhaar eKYC Platform – Streamlined Digital Onboarding Technical & Compliance Core Benefits Operational Impact Excellence Instant Digital Verification Robust Security Protocols Automated Workflows Seamless API Integration Regulatory Alignment Scalable Architecture Cost Efficiency Instant Digita
Slide 16: Strong Risk Management Framework At Rikhav Securities
Strong Risk Management Framework At Rikhav Securities Rikhav Securities demonstrates a proactive, multi-layered Risk Management System designed to safeguard both proprietary and client trades across all major segments. Disaster Management & Compliance • N-Prime fallback ensures continued control in
Slide 17: Client Base & Avg Revenue Trends
Client Base & Avg Revenue Trends 500 35,000 455 450 28,900 30,000 400 386 23,571 25,000 329 350 22,787 22,116 300 20,000 17,245 17,643 250 15,000 200 150 10,000 100 5,000 50 0 0 FY23 FY24 FY25 Note: For the purpose of calculating ARPU we have Total No Of Clients Avg Revenue Per User In ₹ No of Clien
Slide 18: Volume Trend Across BSE, NSE & MCX
Volume Trend Across BSE, NSE & MCX In ₹ Cr 89,021.6 90,000.0 90,000.0 80,000.0 79,078.7 80,000.0 70,000.0 70,000.0 61,481.6 55,137.0 60,000.0 60,000.0 50,000.0 50,000.0 40,000.0 38,347.0 40,000.0 29,541.9 30,000.0 30,000.0 20,000.0 18,400.0 20,000.0 14,809.0 10,000.0 7,071.8 8,101.9 8,319.6 10,000.0
Slide 19: Core Competencies & Strategic Advantages
Core Competencies & Strategic Advantages Robust Technology Infrastructure Accredited Market-Making Rikhav offers a low-latency, high- Capability efficiency trading system with a strong Rikhav is an approved market maker on both back-end framework, enabling seamless BSE and NSE, actively supporting 4
Slide 20: Roadmap For Future Growth
Roadmap For Future Growth Diversified Revenue Model Emphasis on broadening revenue streams beyond traditional market investments through enhanced brokerage services and proprietary trading. Strategic Capital Reallocation Risk-Optimized Prop Trading Focus Planned reduction in market investments to Fu
Slide 21: Led By Experience, Focused On Execution
Led By Experience, Focused On Execution The leadership team brings a blend of financial market expertise and operational discipline, guiding the firm’s growth across client services, prop trading, and technology initiatives.
Slide 22: Board Of Directors
Board Of Directors Mr. Hitesh Himatlal Lakhani Chairman & Managing Director | Experience – 40+ Years A Chartered Accountant by training, Mr. Lakhani moved from accountancy and taxation into capital markets and stock-broking. In his 18 years at Rikhav, he has steered strategy, finance, and execution—
Slide 23: Board Of Directors
Board Of Directors Ms. Bharti Hitesh Lakhani Non-Executive Director | Experience – 34+ Years Ms. Lakhani, B.Com., began her career analyzing institutional market trends. For 18 years on Rikhav’s board, she’s provided independent strategic oversight—shaping investment policy and driving sustainable g
Slide 24: Key Managerial Personnel
Key Managerial Personnel Ms. Sona Jain Ms. Krupa Rakesh Shah Company Secretary & Compliance Officer Senior Accountant | Experience – 6+ Years | Experience – 8+ Years Mr. Vishal Girish Patel Mr. Yogesh Himmatlal Sanghvi Compliance Officer | Experience – 15+ Years Client Accountant Head | Experience –
Slide 25: Positioned Within A Growing And Digitizing Market
Positioned Within A Growing And Digitizing Market Operating in a fast-evolving capital market environment, Rikhav is strategically aligned with industry trends of digital transformation, financial inclusion, and retail investor participation.
Slide 26: Indian Financial Services Industry
Indian Financial Services Industry India’s financial services industry is experiencing accelerated expansion, driven by rising savings, wealth creation, and strong capital market activity. Number of Companies Listed on NSE and BSE • Robust National Savings Rate India’s gross savings have remained re
Slide 27: Indian Financial Services Industry Key Trends
Indian Financial Services Industry Key Trends India’s financial sector is undergoing a digital and inclusive transformation, driven by innovation, evolving investor behavior, and increased tech adoption. Rapid Growth of Digital Finance Driven by the ‘Digital India’ mission, digital finance has seen
Slide 28: The Indian equity market
The Indian equity market India’s equity market is expanding rapidly with record listings, robust private equity flows, and growing retail participation, reinforcing its position as a global investment hub. Record IPO Activity on NSE Total Turnover for derivatives segment (US$ trillion) In CY2024, th
Slide 29: Financial Overview
= Se inancial Overvi F
Slide 30: Consolidated Financials Highlights
Consolidated Financials Highlights Total Revenue EBITDA EBITDA Margin PAT PAT Margin 52.15% 38.16% 60.00% 49.64% 35.03% 60.00 50.00 30.00% 40.00% 50.00 10.53% 20.00% 7.22% 40.00 10.00% 0.00% 40.00 30.00 -10.00% -20.00% 30.00 -40.00% 20.00 -30.00% 20.00 -60.00% 10.00 -50.00% 10.00 -80.00% 54.52 110.6
Slide 31: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement In ₹ Cr Particulars FY23 FY24 FY25 Revenues 49.47 103.42 317.91 Other Income 5.06 7.18 9.85 Total Income 54.52 110.60 327.77 Purchase of Stock In Trade 0.00 0.00 364.44 Changes In Inventory 0.00 0.00 -111.19 Employee costs 8.77 17.18 15.24 Other expenses 17.33 38
Slide 32: Consolidated Balance Sheet
Consolidated Balance Sheet In ₹ Cr Equities & Liabilities FY23 FY24 FY25 Assets FY23 FY24 FY25 Equity 14.98 14.98 19.15 Non Current Assets Reserves 79.98 123.56 207.37 Fixed assets 2.09 2.04 2.25 Non Controlling Interests 0.00 0.00 0.00 Non Current Investments 5.50 131.19 0.00 Net Worth 94.96 138.55
Slide 33: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement In ₹ Cr Particulars FY23 FY24 FY25 Cash from Operations -8.87 109.05 -188.00 Cash from Investments 0.80 -96.84 140.25 Cash from Financing -8.44 -2.75 18.58 Net Cash Flow -16.51 9.46 -29.18 Investor Presentation 33
Slide 34: Consolidated Key Ratios
Consolidated Key Ratios In % In Times In ₹ ROE Debt To Equity Book Value 30.46 0.29 59.15 46.24 20.61 31.69 10.40 0.10 0.00 FY23 FY24 FY25 FY23 FY24 FY25 FY23 FY24 FY25 In % In Times In ₹ ROCE Interest Coverage EPS 18.45 28.17 30.38 26.64 14.91 8.41 5.73 7.51 6.38 FY23 FY24 FY25 FY23 FY24 FY25 FY23
Slide 35: Business & Investment Activities
Business & Investment Activities FY23 FY24 FY25 7.72% 3.59% 11.11% 4.41% 7.72% 12.96% 75.92% 85.45% 92.00% Business & Brokerage & commission Demat Operations & Other Income Investment Activities In ₹ Cr Sr No Particulars FY23 FY24 FY25 1 Business & Investment activities 40.80 94.39 301.55 2 Brokerag
Slide 36: Brokerage & Commission Income Bifurcation
Brokerage & Commission Income Bifurcation FY23 FY24 FY25 3.21% 0.44% 11.23% 10.72% 28.18% 34.80% 53.97% 68.60% 88.82% Cash Market Futures & Options Currency In ₹ Cr Sr No Particulars FY23 FY24 FY25 1 Cash Market 3.81 5.36 12.83 2 F&O 2.46 2.20 1.55 3 Currency 0.79 0.25 0.06 Total 7.07 7.81 14.45 Inv
Slide 37: Stock Data
Stock Data As On 29-09-2025 As On 31-03-2025 BSE (RIKHAV | 544340 | INE0CFH01028) Share Holding Pattern Share Price (₹) 70.15 39.73% Market Capitalization (₹ Cr) 268.62 Promoter & Promoter No. of Shares Outstanding 3,82,92,000 Group Public Face Value (₹) 5.00 60.27% 52-week High-Low (₹) 171.57 – 56.
Slide 38: Investment Rationale
Investment Rationale Established Institutional and Digital Expansion Proprietary Book Integrated Financial Strong Client Accredited Market- Scalable Technology Market Presence Quantitative and Onboarding and MTF Growth Services Model Retention Metrics Making Experience Platform Growth Levers Focus S
Slide 39: Thank You
Thank You Rikhav Securities Limited B Wing, Office No. 501 & 502, O2 Commercial Building, Asha Nagar Park Road, Asha Nagar, Mulund West, Mumbai – 400080 Phone: 022-69078300 Email: info@rikhav.net Website: https://www.rikhav.net/ Kirin Advisors Private Limited 713-B, Lodha Supremus II, Wagle Estate,
Rikhav Securities — Investor Presentation (September 2025) on 6ix