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 ₹ 1,431 Cr.
- Current Price ₹ 372
- High / Low ₹ 490 / 201
- Stock P/E 25.2
- Book Value ₹ 179
- Dividend Yield 0.00 %
- ROCE 5.43 %
- ROE 3.87 %
- 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 7.58% 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 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 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 401 | 390 | 470 | 570 | 690 | 720 | 755 | |
| 341 | 332 | 397 | 493 | 618 | 671 | 663 | |
| Operating Profit | 60 | 58 | 73 | 77 | 72 | 49 | 92 |
| OPM % | 15% | 15% | 16% | 13% | 10% | 7% | 12% |
| 9 | 13 | 10 | 10 | 12 | 14 | 17 | |
| Interest | 4 | 4 | 4 | 6 | 5 | 6 | 5 |
| Depreciation | 24 | 21 | 20 | 20 | 28 | 27 | 31 |
| Profit before tax | 40 | 46 | 59 | 61 | 51 | 30 | 72 |
| Tax % | 22% | 22% | 16% | 18% | 22% | 30% | |
| 32 | 36 | 50 | 50 | 40 | 21 | 56 | |
| EPS in Rs | 20.78 | 23.75 | 32.18 | 16.01 | 10.38 | 5.89 | 14.76 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 15% |
| TTM: | 10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -6% |
| 3 Years: | -22% |
| TTM: | 219% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 15% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 8% |
| Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 15 | 29 | 38 | 38 | 38 |
| Reserves | 269 | 285 | 326 | 372 | 521 | 573 | 650 |
| 104 | 106 | 103 | 106 | 58 | 98 | 104 | |
| 101 | 105 | 118 | 140 | 162 | 177 | 166 | |
| Total Liabilities | 488 | 510 | 562 | 647 | 779 | 886 | 958 |
| 181 | 224 | 220 | 219 | 265 | 311 | 371 | |
| CWIP | 32 | 2 | 5 | 8 | 17 | 32 | 29 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 276 | 284 | 337 | 420 | 496 | 544 | 558 | |
| Total Assets | 488 | 510 | 562 | 647 | 779 | 886 | 958 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 72 | 53 | 13 | 28 | 76 | 65 | |
| -63 | -18 | -14 | -3 | -115 | -63 | |
| 21 | -23 | -7 | -4 | 23 | 37 | |
| Net Cash Flow | 29 | 11 | -8 | 20 | -16 | 39 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 56 | 64 | 62 | 77 | 68 | 68 |
| Inventory Days | 163 | 185 | 237 | 218 | 219 | 195 |
| Days Payable | 115 | 145 | 125 | 117 | 99 | 98 |
| Cash Conversion Cycle | 104 | 104 | 174 | 178 | 189 | 165 |
| Working Capital Days | 8 | 16 | 44 | 66 | 79 | 76 |
| ROCE % | 12% | 15% | 14% | 10% | 5% |
Documents
Announcements
-
Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
1d - NSE/BSE issued warning (Jan 6, 2026) for Audit Committee quorum breach on Feb 7, 2025; company ratified actions.
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 2d
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
2d - KFin certifies dematerialisation/rematerialisation details furnished to exchanges for quarter ended Dec 31, 2025.
- Closure of Trading Window 25 Dec
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 22 Dec
Concalls
-
Nov 2025Transcript PPT
-
Aug 2025Transcript PPT
-
Jun 2025Transcript PPT
-
Feb 2025Transcript PPT
-
Nov 2024Transcript PPT
-
Aug 2024Transcript PPT
-
Jun 2024Transcript PPT
-
Apr 2024TranscriptAI SummaryPPT
-
Mar 2024Transcript PPT
-
Feb 2024TranscriptAI SummaryPPT REC
-
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]