Rishabh Instruments Ltd
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]
- Market Cap ₹ 1,950 Cr.
- Current Price ₹ 505
- High / Low ₹ 566 / 272
- Stock P/E 46.8
- Book Value ₹ 119
- Dividend Yield 0.00 %
- ROCE 12.9 %
- ROE 9.60 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 25.3% CAGR over last 5 years
Cons
- Stock is trading at 4.44 times its book value
- Company has a low return on equity of 8.62% 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.
Peer comparison
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Part of BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 137 | 127 | 152 | 196 | 225 | 239 | 268 | |
| 116 | 104 | 132 | 164 | 178 | 204 | 207 | |
| Operating Profit | 21 | 23 | 20 | 32 | 46 | 36 | 60 |
| OPM % | 16% | 18% | 13% | 16% | 21% | 15% | 23% |
| 5 | 4 | 4 | 5 | 6 | 10 | 13 | |
| Interest | 2 | 1 | 2 | 3 | 1 | 1 | 0 |
| Depreciation | 7 | 7 | 8 | 10 | 10 | 13 | 18 |
| Profit before tax | 17 | 19 | 14 | 24 | 41 | 31 | 56 |
| Tax % | 27% | 29% | 28% | 23% | 21% | 26% | 25% |
| 12 | 14 | 10 | 19 | 32 | 23 | 42 | |
| EPS in Rs | 8.53 | 9.23 | 7.03 | 6.39 | 8.48 | 6.09 | 10.81 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 18% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 11% |
| TTM: | 12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 31% |
| TTM: | 78% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 79% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | 9% |
| Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 15 | 29 | 38 | 38 | 39 |
| Reserves | 185 | 192 | 202 | 214 | 333 | 371 | 421 |
| 42 | 21 | 28 | 22 | 6 | 1 | 3 | |
| 25 | 31 | 36 | 40 | 35 | 40 | 43 | |
| Total Liabilities | 267 | 258 | 281 | 305 | 411 | 450 | 506 |
| 32 | 39 | 42 | 41 | 41 | 59 | 67 | |
| CWIP | 1 | 0 | 0 | 0 | 2 | 12 | 39 |
| Investments | 80 | 80 | 81 | 88 | 108 | 92 | 95 |
| 154 | 140 | 158 | 175 | 261 | 287 | 306 | |
| Total Assets | 267 | 258 | 281 | 305 | 411 | 450 | 506 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 21 | 20 | -1 | -3 | 34 | 37 | 58 | |
| -25 | 4 | -3 | 13 | -76 | -33 | -68 | |
| 12 | -31 | 5 | -9 | 57 | -2 | 1 | |
| Net Cash Flow | 8 | -7 | 1 | 2 | 16 | 2 | -9 |
| Free Cash Flow | 14 | 10 | -10 | -14 | 26 | -3 | 8 |
| CFO/OP | 120% | 99% | 28% | 15% | 87% | 130% | 120% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 60 | 70 | 49 | 69 | 49 | 49 | 53 |
| Inventory Days | 209 | 241 | 279 | 262 | 297 | 239 | 238 |
| Days Payable | 73 | 110 | 107 | 93 | 67 | 66 | 74 |
| Cash Conversion Cycle | 195 | 202 | 221 | 238 | 279 | 222 | 217 |
| Working Capital Days | 85 | 99 | 93 | 140 | 157 | 169 | 136 |
| ROCE % | 9% | 7% | 11% | 13% | 8% | 13% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Actual Production Volume million units p.a. |
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| Annual Installed Capacity million units p.a. |
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| Capacity Utilisation % |
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| Global R&D centers number |
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| GCA (Gross Current Assets) Days days |
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| Countries Served number |
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| High Pressure Die Casting Production castings per day |
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| Product Lines number |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
28 May - Filed Secretarial Compliance Report for year ended March 31, 2026; notes prior NSE warning on audit committee quorum.
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 24 May
- Announcement under Regulation 30 (LODR)-Newspaper Publication 20 May
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Update Of Audio Recording For Earnings Conference Call For Q4 - FY 2025-26
18 May - Rishabh Instruments uploaded Q4 FY2025-26 earnings conference call audio recording on May 18, 2026.
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 18 May
Concalls
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May 2026Transcript PPT REC
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Feb 2026Transcript PPT REC
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Nov 2025Transcript PPT
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Aug 2025Transcript PPT
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Jun 2025Transcript PPT
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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Jun 2024Transcript PPT
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Apr 2024TranscriptAI SummaryPPT
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Mar 2024Transcript PPT
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Feb 2024TranscriptPPT REC
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Oct 2023TranscriptPPT
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]