Rishabh Instruments Ltd

Rishabh Instruments Ltd

₹ 308 2.67%
11 Jun - close price
About

Rishabh Instruments limited, with an experience of nearly three decades is an organization that has built its core competence in manufacturing, design and development of Test and Measuring Instruments and Industrial Control Products on strong fundamentals; in terms of people, infrastructure and financials. The company provides a hands-on, value driven, professional environment considering people its most important asset.[1]

Key Points

Business Segments
1) Aluminium High-Pressure Die-Castings (: [1] The company offers precision High-Pressure Die-Casting (HPDC) for applications in industries like automotive, industrial automation, telecommunication, consumer durables, etc. [2]

  • Market Cap 1,180 Cr.
  • Current Price 308
  • High / Low 474 / 201
  • Stock P/E 50.5
  • Book Value 106
  • Dividend Yield 0.00 %
  • ROCE 8.05 %
  • ROE 6.00 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Stock is trading at 2.90 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 8.03% over last 3 years.

* 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

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
41.39 46.96 45.71 61.93 56.80 62.89 45.81 59.08 52.69 58.87 59.24 68.39
32.70 42.07 38.04 51.87 43.33 48.31 40.49 46.87 46.62 49.86 53.33 54.37
Operating Profit 8.69 4.89 7.67 10.06 13.47 14.58 5.32 12.21 6.07 9.01 5.91 14.02
OPM % 21.00% 10.41% 16.78% 16.24% 23.71% 23.18% 11.61% 20.67% 11.52% 15.30% 9.98% 20.50%
1.15 1.75 0.66 1.51 0.59 1.40 1.30 2.74 2.08 2.85 3.17 1.82
Interest 0.21 0.32 1.25 0.75 0.16 0.23 0.28 0.01 0.05 0.14 0.08 0.01
Depreciation 2.20 2.33 2.77 2.30 1.77 2.29 2.28 3.65 2.51 3.03 3.61 4.10
Profit before tax 7.43 3.99 4.31 8.52 12.13 13.46 4.06 11.29 5.59 8.69 5.39 11.73
Tax % 24.23% 18.30% 25.29% 23.00% 25.39% 24.59% -120.69% 62.62% 33.45% 21.52% 25.97% 24.47%
5.63 3.26 3.23 6.56 9.05 10.16 8.95 4.23 3.71 6.82 3.99 8.86
EPS in Rs 3.85 1.11 1.10 2.24 3.09 2.68 2.35 1.11 0.97 1.78 1.04 2.31
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
137 127 152 196 225 239
116 104 132 164 178 204
Operating Profit 21 23 20 32 46 35
OPM % 16% 18% 13% 16% 21% 15%
5 4 4 5 6 10
Interest 2 1 2 3 1 0
Depreciation 7 7 8 10 10 13
Profit before tax 17 19 14 24 41 31
Tax % 27% 29% 28% 23% 21% 26%
12 14 10 19 32 23
EPS in Rs 8.53 9.23 7.03 6.39 8.48 6.09
Dividend Payout % 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 12%
3 Years: 16%
TTM: 7%
Compounded Profit Growth
10 Years: %
5 Years: 13%
3 Years: 31%
TTM: -28%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -29%
Return on Equity
10 Years: %
5 Years: 7%
3 Years: 8%
Last Year: 6%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 15 15 15 29 38 38
Reserves 185 192 202 214 333 371
42 21 28 22 6 1
25 31 36 40 34 40
Total Liabilities 267 258 281 305 411 450
32 39 42 41 41 62
CWIP 1 0 0 0 2 8
Investments 80 80 81 88 108 92
154 140 158 175 261 287
Total Assets 267 258 281 305 411 450

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
21 20 -1 -3 34 37
-25 4 -3 13 -76 -33
12 -31 5 -9 57 -2
Net Cash Flow 8 -7 1 2 16 2

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 60 70 49 69 49 49
Inventory Days 209 241 279 262 297 242
Days Payable 73 110 107 93 67 67
Cash Conversion Cycle 195 202 221 238 279 224
Working Capital Days 117 126 143 172 166 171
ROCE % 9% 7% 11% 13% 8%

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
70.68% 70.68% 70.25% 70.16% 70.16% 70.16% 70.15%
1.66% 2.10% 0.31% 0.11% 0.12% 0.11% 0.17%
16.55% 14.71% 14.52% 13.34% 13.20% 13.45% 13.09%
0.00% 0.00% 0.05% 0.00% 0.00% 0.00% 0.00%
11.10% 12.51% 14.87% 16.41% 16.53% 16.29% 16.59%
No. of Shareholders 52,41435,85535,47839,60642,22342,03441,056

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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