Balance sheet of Rikhav Securities is strong.
But short term working capital might become an issue for this company.

Yes, The net debt of Rikhav Securities is increasing.
Latest net debt of Rikhav Securities is ₹33.21 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹13.1 Crs.

The profit is oscillating.
The profit of Rikhav Securities is ₹23.67 Crs for Mar 2025, ₹42.21 Crs for Mar 2024 and ₹19.1 Crs for Mar 2023

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Rikhav Securities latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Capital Work in Progress, Inventory, Accounts Receivable, Short Term Loans & Advances