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 ₹ 2,516 Cr.
- Current Price ₹ 649
- High / Low ₹ 693 / 315
- Stock P/E 31.1
- Book Value ₹ 193
- Dividend Yield 0.31 %
- ROCE 14.5 %
- ROE 12.0 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 18.6% CAGR over last 5 years
Cons
- Stock is trading at 3.36 times its book value
- Company has a low return on equity of 8.24% 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
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 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 401 | 390 | 470 | 570 | 690 | 720 | 775 | 783 | |
| 341 | 332 | 397 | 493 | 618 | 671 | 648 | 652 | |
| Operating Profit | 60 | 58 | 73 | 77 | 72 | 49 | 127 | 131 |
| OPM % | 15% | 15% | 16% | 13% | 10% | 7% | 16% | 17% |
| 9 | 13 | 10 | 10 | 12 | 14 | 21 | 20 | |
| Interest | 4 | 4 | 4 | 6 | 5 | 6 | 6 | 5 |
| Depreciation | 24 | 21 | 20 | 20 | 28 | 28 | 36 | 38 |
| Profit before tax | 40 | 46 | 59 | 61 | 51 | 30 | 106 | 109 |
| Tax % | 22% | 22% | 16% | 18% | 22% | 30% | 22% | |
| 32 | 36 | 50 | 50 | 40 | 21 | 82 | 82 | |
| EPS in Rs | 20.78 | 23.75 | 32.18 | 16.01 | 10.38 | 5.83 | 21.15 | 20.99 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 11% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 20% |
| TTM: | 110% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 81% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | 8% |
| Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 15 | 29 | 38 | 38 | 39 |
| Reserves | 269 | 285 | 326 | 372 | 521 | 573 | 706 |
| 104 | 106 | 103 | 106 | 58 | 100 | 81 | |
| 101 | 105 | 118 | 140 | 162 | 177 | 176 | |
| Total Liabilities | 488 | 510 | 562 | 647 | 779 | 887 | 1,002 |
| 181 | 224 | 220 | 219 | 265 | 311 | 371 | |
| CWIP | 32 | 2 | 5 | 8 | 17 | 32 | 52 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 276 | 284 | 337 | 420 | 496 | 544 | 579 | |
| Total Assets | 488 | 510 | 562 | 647 | 779 | 887 | 1,002 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 72 | 53 | 13 | 28 | 76 | 65 | 108 | |
| -63 | -18 | -14 | -3 | -115 | -63 | -74 | |
| 21 | -23 | -7 | -4 | 23 | 37 | -28 | |
| Net Cash Flow | 29 | 11 | -8 | 20 | -16 | 39 | 6 |
| Free Cash Flow | 25 | 18 | -2 | -1 | 7 | -11 | -2 |
| CFO/OP | 135% | 104% | 33% | 53% | 122% | 159% | 105% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 56 | 64 | 62 | 77 | 68 | 68 | 62 |
| Inventory Days | 163 | 185 | 237 | 218 | 219 | 195 | 213 |
| Days Payable | 115 | 145 | 125 | 117 | 99 | 98 | 91 |
| Cash Conversion Cycle | 104 | 104 | 174 | 178 | 189 | 165 | 184 |
| Working Capital Days | 8 | 16 | 44 | 66 | 79 | 75 | 73 |
| ROCE % | 12% | 15% | 14% | 10% | 5% | 14% |
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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Statement On Deviation Or Variation Of Funds Under Regulation 32 Of SEBI (LODR) Regulations, 2015
- Reported June 30, 2026 deviation in Rs 750 million public issue proceeds; Rs 31.53 million variation.
- Outcome Of The Board Meeting Held On August 14, 2026 - Regulation 30 And 33, Read With Schedule III Of SEBI (LODR), 2015
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Board Meeting Outcome for Outcome Of The Board Meeting Held On August 14, 2026 - Regulation 30 And 33, Read With Schedule III Of SEBI (LODR), 2015
- Board approved unaudited standalone and consolidated results for quarter ended June 30, 2026; appointed IEPF nodal officer.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
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Board Meeting Intimation for Intimation Of Board Meeting Of Rishabh Instruments Limited ('Company') Under Regulation 29 & 33 Of SEBI (LODR), Regulations, 2015
- Board meeting on August 14, 2026 to approve Q1 FY27 unaudited standalone and consolidated results.
Annual reports
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
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