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Riddhiorate Services (BOM:540590) Market Cap : ₹1,221 Mil (As of May. 07, 2024)


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What is Riddhiorate Services Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Riddhiorate Services's share price for the quarter that ended in Dec. 2023 was ₹134.65. Riddhiorate Services's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 12 Mil. Therefore, Riddhiorate Services's market cap for the quarter that ended in Dec. 2023 was ₹1,598 Mil.

Riddhiorate Services's quarterly market cap declined from Jun. 2023 (₹2,789 Mil) to Sep. 2023 (₹2,076 Mil) and declined from Sep. 2023 (₹2,076 Mil) to Dec. 2023 (₹1,598 Mil).

Riddhiorate Services's annual market cap declined from Mar. 2021 (₹1,877 Mil) to Mar. 2022 (₹1,536 Mil) but then increased from Mar. 2022 (₹1,536 Mil) to Mar. 2023 (₹2,611 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Riddhiorate Services's Enterprise Value for Today is ₹2,304 Mil.


Riddhiorate Services Market Cap Historical Data

The historical data trend for Riddhiorate Services's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Riddhiorate Services Market Cap Chart

Riddhiorate Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Market Cap
Get a 7-Day Free Trial 705.25 2,178.31 1,876.88 1,535.63 2,610.74

Riddhiorate Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,507.91 2,610.74 2,788.75 2,076.13 1,597.89

Competitive Comparison of Riddhiorate Services's Market Cap

For the Specialty Business Services subindustry, Riddhiorate Services's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Riddhiorate Services's Market Cap Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Riddhiorate Services's Market Cap distribution charts can be found below:

* The bar in red indicates where Riddhiorate Services's Market Cap falls into.



Riddhiorate Services Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Riddhiorate Services's Market Cap for the fiscal year that ended in Mar. 2023 is calculated as

Market Cap (A: Mar. 2023 )=Share Price (A: Mar. 2023 )*Shares Outstanding (EOP) (A: Mar. 2023 )
=₹220*11.867
=₹2,611

Riddhiorate Services's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=₹134.65*11.867
=₹1,598

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Riddhiorate Services  (BOM:540590) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Riddhiorate Services Market Cap Related Terms

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Riddhiorate Services (BOM:540590) Business Description

Traded in Other Exchanges
N/A
Address
Ashram Road, 10, Mill Officers Colony, Behind Old RBI, Opposite Times Of India, Ahmedabad, GJ, IND, 380009
Riddhi Corporate Services Ltd is engaged in data processing, hosting, and related activities. Its other activities include document management and digitization, contact centre, warehousing, address verification, data entry services, and software development. The company serves Telecom, Banking, NBFC, and IT sectors.

Riddhiorate Services (BOM:540590) Headlines

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