Rishi Laser Ltd

Rishi Laser Ltd

₹ 125 5.91%
08 Jun 4:01 p.m.
About

Incorporated in 1992, Rishi Laser Ltd is engaged in manufacturing and fabrication of sheet metal components and machines.

Key Points

Business Verticals:[1]
Company offers parts for excavating machines and manufactures steel fabrications and provides assemblies for a range of engineering industries. It is engaged in four verticals viz., construction equipment, automotive, rail transportation, and power (transmission and distribution).

  • Market Cap 125 Cr.
  • Current Price 125
  • High / Low 159 / 90.0
  • Stock P/E 30.7
  • Book Value 81.2
  • Dividend Yield 0.00 %
  • ROCE 9.59 %
  • ROE 5.59 %
  • Face Value 10.0

Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 16.1%
  • Company has a low return on equity of 11.7% over last 3 years.
  • Debtor days have increased from 46.3 to 55.9 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
33.74 38.75 35.36 31.42 34.58 37.01 38.99 36.96 37.77 41.03 42.84 36.39 40.76
31.13 35.40 32.29 28.94 31.65 34.12 35.53 33.72 34.28 37.44 38.68 33.65 38.47
Operating Profit 2.61 3.35 3.07 2.48 2.93 2.89 3.46 3.24 3.49 3.59 4.16 2.74 2.29
OPM % 7.74% 8.65% 8.68% 7.89% 8.47% 7.81% 8.87% 8.77% 9.24% 8.75% 9.71% 7.53% 5.62%
0.24 0.30 0.23 0.13 0.25 0.08 0.11 0.11 0.39 0.40 0.10 -0.03 0.31
Interest 0.67 0.66 0.68 0.48 0.47 0.63 0.61 0.66 0.65 0.69 0.76 1.16 1.53
Depreciation 0.68 0.65 0.65 0.65 0.54 0.63 0.66 0.68 0.96 0.65 0.77 1.61 1.45
Profit before tax 1.50 2.34 1.97 1.48 2.17 1.71 2.30 2.01 2.27 2.65 2.73 -0.06 -0.38
Tax % -22.67% 8.97% 1.52% 22.30% -60.83% 5.26% 10.00% 31.84% -40.97% 33.21% 22.71% -183.33% -31.58%
1.84 2.13 1.94 1.15 3.50 1.63 2.07 1.36 3.20 1.77 2.11 0.05 -0.26
EPS in Rs 2.00 2.32 2.11 1.25 3.81 1.77 2.25 1.48 3.48 1.93 2.30 0.05 -0.28
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
89 90 96 120 141 91 74 117 134 140 151 161
87 87 91 115 134 94 73 112 125 128 137 148
Operating Profit 2 3 5 5 7 -3 2 5 9 12 14 13
OPM % 2% 3% 5% 4% 5% -3% 2% 4% 7% 8% 9% 8%
1 0 5 3 3 7 2 2 2 1 0 1
Interest 9 6 5 4 4 3 2 3 3 2 3 4
Depreciation 8 5 4 4 4 4 4 3 3 2 3 4
Profit before tax -14 -8 1 -1 2 -3 -2 0 5 8 8 5
Tax % -7% -1% 8% -76% -96% -10% 7% 29% -7% -10% 0% 25%
-13 -8 1 -0 3 -3 -2 0 5 9 8 4
EPS in Rs -14.04 -8.65 1.14 -0.21 3.73 -2.85 -2.40 0.22 5.34 9.50 8.97 3.99
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 6%
5 Years: 17%
3 Years: 6%
TTM: 7%
Compounded Profit Growth
10 Years: 10%
5 Years: 26%
3 Years: -5%
TTM: -54%
Stock Price CAGR
10 Years: 17%
5 Years: 52%
3 Years: 44%
1 Year: -7%
Return on Equity
10 Years: 4%
5 Years: 10%
3 Years: 12%
Last Year: 6%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 9 9 9 9 9 9 9 9 9 9 9 9
Reserves 18 10 26 26 28 25 23 31 35 45 62 65
53 39 32 27 19 17 16 16 9 12 19 36
27 27 36 42 48 38 38 37 30 31 29 39
Total Liabilities 107 85 104 104 105 89 86 93 84 97 120 149
45 39 57 55 53 52 47 56 54 56 68 90
CWIP 2 2 1 0 0 0 0 0 0 0 5 4
Investments 8 2 3 2 2 1 2 5 1 3 6 3
50 41 43 46 50 36 37 33 29 37 41 51
Total Assets 107 85 104 104 105 89 86 93 84 97 120 149

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
7 2 8 12 5 4 1 8 5 11 9 8
1 1 -3 -1 -0 1 3 -7 6 -8 -17 -7
-8 -2 -7 -9 -7 -4 -2 -4 -10 0 5 0
Net Cash Flow 0 1 -1 2 -2 1 2 -3 1 3 -4 2
Free Cash Flow 7 3 8 9 4 6 4 4 7 7 -5 -4
CFO/OP 384% 72% 161% 237% 76% -153% 46% 156% 53% 92% 66% 70%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 112 105 90 75 76 71 90 46 42 39 43 56
Inventory Days 130 76 83 66 64 78 82 57 42 52 53 67
Days Payable 145 140 192 169 165 229 259 142 110 115 100 123
Cash Conversion Cycle 96 41 -20 -27 -26 -80 -86 -40 -26 -23 -3 -0
Working Capital Days -88 11 -0 -19 -21 -49 -57 -32 -26 -9 3 5
ROCE % -8% -3% 7% 6% 10% -9% -2% 7% 14% 17% 15% 10%

Insights

In beta
Mar 2023 Mar 2024 Mar 2025
Export Share of Revenue
%

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Customer Concentration (Top 10 Customers)
%
Number of Manufacturing Units
Number
Segment Share: Construction Equipment
%
New Bangalore Plant Area
Sq. Ft.
Segment Share: Power
%
Segment Share: Rail Transport
%

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Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026May 2026
15.84% 15.84% 15.84% 15.84% 15.84% 15.84% 15.84% 16.17% 16.17% 16.17% 16.17% 16.12%
84.15% 84.15% 84.16% 84.15% 84.15% 84.16% 84.15% 83.84% 83.82% 83.82% 83.84% 83.88%
No. of Shareholders 4,0614,6995,0315,0675,3435,3185,2755,1244,9074,7684,6574,642

Documents

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