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 ₹ 2,661 Cr.
- Current Price ₹ 688
- High / Low ₹ 730 / 315
- Stock P/E 61.0
- Book Value ₹ 119
- Dividend Yield 0.29 %
- ROCE 13.0 %
- 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 5.77 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 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 137 | 127 | 152 | 196 | 225 | 239 | 268 | 283 | |
| 116 | 104 | 132 | 164 | 178 | 204 | 207 | 220 | |
| Operating Profit | 21 | 23 | 20 | 32 | 46 | 36 | 61 | 64 |
| OPM % | 16% | 18% | 13% | 16% | 21% | 15% | 23% | 23% |
| 5 | 4 | 4 | 5 | 6 | 10 | 13 | 13 | |
| Interest | 2 | 1 | 2 | 3 | 1 | 1 | 1 | 0 |
| Depreciation | 7 | 7 | 8 | 10 | 10 | 13 | 18 | 18 |
| Profit before tax | 17 | 19 | 14 | 24 | 41 | 31 | 56 | 59 |
| Tax % | 27% | 29% | 28% | 23% | 21% | 26% | 25% | |
| 12 | 14 | 10 | 19 | 32 | 23 | 42 | 44 | |
| EPS in Rs | 8.53 | 9.23 | 7.03 | 6.39 | 8.48 | 6.09 | 10.81 | 11.34 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 11% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 31% |
| TTM: | 48% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 67% |
| 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 | 62 | |
| CWIP | 1 | 0 | 0 | 0 | 2 | 12 | 44 |
| 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% | 119% |
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 | 236 |
| Days Payable | 73 | 110 | 107 | 93 | 67 | 66 | 73 |
| Cash Conversion Cycle | 195 | 202 | 221 | 238 | 279 | 222 | 215 |
| 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 | Mar 2026 | |
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| Total Capacity Utilization % p.a. |
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| HPDC Segment Revenue Share % of consolidated revenue |
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| R&D Centers count |
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Extracted by Screener AI
Documents
Announcements
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Rumour verification - Regulation 30(11)
- Rishabh Instruments clarifies CNBC-TV18 stake-sale report on August 21, 2026; says no material event exists.
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript
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Update Of Audio Recording For Earnings Conference Call For Q1 - FY 2026-27
- Audio recording of Q1 FY2026-27 earnings conference call uploaded on August 17, 2026.
- Announcement under Regulation 30 (LODR)-Newspaper Publication
- Announcement under Regulation 30 (LODR)-Investor Presentation
Annual reports
Concalls
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Aug 2026Transcript PPT REC
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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
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