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 ₹ 1,095 Cr.
- Current Price ₹ 285
- High / Low ₹ 490 / 201
- Stock P/E 63.1
- Book Value ₹ 153
- Dividend Yield 0.00 %
- ROCE 9.81 %
- ROE 8.25 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 11.4% over last 3 years.
- Company might be capitalizing the interest cost
* 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
Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment
Part of BSE SmallCap BSE Allcap BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|
401 | 390 | 470 | 570 | 690 | 711 | |
341 | 332 | 397 | 493 | 618 | 661 | |
Operating Profit | 60 | 58 | 73 | 77 | 72 | 50 |
OPM % | 15% | 15% | 16% | 13% | 10% | 7% |
9 | 13 | 10 | 10 | 12 | 14 | |
Interest | 4 | 4 | 4 | 6 | 5 | 4 |
Depreciation | 24 | 21 | 20 | 20 | 28 | 28 |
Profit before tax | 40 | 46 | 59 | 61 | 51 | 32 |
Tax % | 22% | 22% | 16% | 18% | 22% | |
32 | 36 | 50 | 50 | 40 | 17 | |
EPS in Rs | 20.78 | 23.75 | 32.18 | 16.01 | 10.38 | 4.88 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 21% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 4% |
TTM: | -67% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -42% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 11% |
Last Year: | 8% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 15 | 15 | 15 | 29 | 38 | 38 |
Reserves | 269 | 285 | 326 | 372 | 521 | 547 |
104 | 106 | 103 | 106 | 58 | 125 | |
101 | 105 | 118 | 140 | 161 | 157 | |
Total Liabilities | 488 | 510 | 562 | 647 | 778 | 868 |
181 | 224 | 220 | 219 | 265 | 295 | |
CWIP | 32 | 2 | 5 | 8 | 17 | 26 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 |
276 | 284 | 337 | 420 | 495 | 547 | |
Total Assets | 488 | 510 | 562 | 647 | 778 | 868 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
72 | 53 | 13 | 28 | 76 | |
-63 | -18 | -14 | -3 | -115 | |
21 | -23 | -7 | -4 | 23 | |
Net Cash Flow | 29 | 11 | -8 | 20 | -16 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 56 | 64 | 62 | 77 | 68 |
Inventory Days | 163 | 185 | 237 | 218 | 219 |
Days Payable | 115 | 145 | 125 | 117 | 99 |
Cash Conversion Cycle | 104 | 104 | 174 | 178 | 189 |
Working Capital Days | 62 | 66 | 98 | 117 | 102 |
ROCE % | 12% | 15% | 14% | 10% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Management
17h - Appointment of Nishant Dudhoria as Additional GM – Strategy, Finance and PR effective May 20, 2025.
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Announcement under Regulation 30 (LODR)-Credit Rating
9 May - CRISIL rates Rishabh Instruments' Rs.16.3 Cr bank facilities BBB/Stable and A3+, valid till March 2026.
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Announcement under Regulation 30 (LODR)-Change in Management
24 Apr - Appointment of Sunil Danavle as General Manager – R&D Mechanical effective April 24, 2025.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 29 Mar
Concalls
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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 2024TranscriptNotesPPT
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Mar 2024Transcript PPT
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Feb 2024TranscriptNotesPPT 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]