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 ₹ 1,631 Cr.
- Current Price ₹ 427
- High / Low ₹ 635 / 380
- Stock P/E 41.1
- Book Value ₹ 146
- Dividend Yield 0.00 %
- ROCE 9.71 %
- ROE 8.26 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Stock is trading at 2.92 times its book value
- 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.
* 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
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 | |
---|---|---|---|---|---|
401 | 390 | 470 | 570 | 690 | |
341 | 332 | 397 | 493 | 619 | |
Operating Profit | 60 | 58 | 73 | 77 | 71 |
OPM % | 15% | 15% | 16% | 13% | 10% |
9 | 13 | 10 | 10 | 12 | |
Interest | 4 | 4 | 4 | 6 | 4 |
Depreciation | 24 | 21 | 20 | 20 | 28 |
Profit before tax | 40 | 46 | 59 | 61 | 51 |
Tax % | 22% | 22% | 16% | 18% | 22% |
32 | 36 | 50 | 50 | 40 | |
EPS in Rs | 20.78 | 23.75 | 32.18 | 16.01 | 10.38 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 21% |
TTM: | 21% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 5% |
TTM: | -15% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
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 | |
---|---|---|---|---|---|
Equity Capital | 15 | 15 | 15 | 29 | 38 |
Reserves | 269 | 285 | 326 | 372 | 521 |
104 | 106 | 103 | 106 | 58 | |
101 | 105 | 118 | 140 | 164 | |
Total Liabilities | 488 | 510 | 562 | 647 | 780 |
181 | 224 | 220 | 219 | 270 | |
CWIP | 32 | 2 | 5 | 8 | 12 |
Investments | 0 | 0 | 0 | 0 | 0 |
276 | 284 | 337 | 420 | 498 | |
Total Assets | 488 | 510 | 562 | 647 | 780 |
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 | -132 | |
21 | -23 | -7 | -4 | 23 | |
Net Cash Flow | 29 | 11 | -8 | 20 | -33 |
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 | 220 |
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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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Jul - Compliance Certificate received under Regulation 74 (5) of SEBI (DP) Regulations, 2018 received from KFin Technologies Limited
- Declaration In Respect Of Audit Report With Unmodified Opinion 13 Jun
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 7 Jun
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
3 Jun - Earnings Call Transcript for Q4 - FY 2023-24
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Announcement under Regulation 30 (LODR)-Newspaper Publication
31 May - Newspaper publication of financial results for the quarter and year ended March 31, 2024
Concalls
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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
Overview[1]
Incorporated in 1982, Rishabh Instruments Limited is engaged in the business of manufacturing, design, and development of Test and Measuring Instruments and Industrial Control Products.