NSE: RISHABH · BSE: 543977 · ISIN INE0N2P01017
Rishabh Instruments Limited stock analysis
Rishabh Instruments Limited ranks #1724 in the TickerSutra evidence-ranked universe with a score of 51/100 and 89% data confidence. The latest captured fundamentals show ROCE of 14.5%, quarterly sales growth of 4.2% and quarterly profit growth of -3.4%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Low debt/equity of 0.11×
- Strong CFO/EBITDA of 0.85×
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- No calculated threshold risk in the current snapshot.
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹470cr | ₹73cr | ₹50cr | 16.0% |
| 2023 | ₹570cr | ₹77cr | ₹50cr | 13.0% |
| 2024 | ₹690cr | ₹72cr | ₹40cr | 10.0% |
| 2025 | ₹720cr | ₹49cr | ₹21cr | 7.0% |
| 2026 | ₹775cr | ₹127cr | ₹82cr | 16.0% |
| TTM | ₹783cr | ₹131cr | ₹82cr | 17.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
As per Attachment
RoutineESOP/ESOS/ESPSNSE · 29 Sept 2026Rishabh Instruments Limited has informed the Exchange regarding Grant of 100000 Options.
RoutineTrading WindowBSE · 28 Sept 2026Rishabh Instruments Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
MANAGEMENT COMMENTARY
Signals from filed documents
The PAT margins improved to 16.4% in Q1 FY27 from 13.8% in Q1 FY26. The performance reflects the benefits of operating leverage, improved product mix, procurement efficiencies and disciplined cost management, reinforcing EEI's position as group's primary growth and profitability engine. The strength of EEI business is underpinned by a diversified product portfolio and a sustained focus on innovation.
Another important milestone has been the partial commissioning of our new manufacturing facility at Nashik. This investment significantly enhances our manufacturing capacity and strengthens our ability to address growing demands across both dome stic and international markets. The expanded facility also provides the platform to support new product introductions, larger export opportunities and evolving customer requi
Adjusted EBITDA for Q1 FY27 stood at INR153 million, which is up by 175.3% year-on-year. The adjusted EBITDA margins expanded to 24% in Q1 FY27, an improvement of 1,190 basis points. The PAT for Q1 FY27 remained at INR115 million, up by 321.1% year-on-year.
The country's renewable energy ambitions alongside the accelerating global adoption of solar and distributed energy solutions further strengthen our long-term opportunities for our business. While near -term geographical and macroeconomic uncertainties may persist, we remain confident in the underlying structural growth drivers of our industry and opportunities we create for Rishabh over the medium to long term. As w
Rishabh Instruments Limited Annual Report 2025-26 Financial StatementsStatutory ReportCorporate Overview 28 Annual Report 2025-26 29 Revamping HPDC for Resilience Lumel Alucast operated through a difficult year for the European high-pressure die casting industry. Automotive demand remained volatile, with project delays, cancellations, pricing pressure, and higher labour and energy costs affecting performance. The bus
Diversifying market presence across geographies; monitoring global developments closely; maintaining focus on cost control and customer diversification Sectoral Exposure Prolonged challenges in certain end-use industries, particularly automotive, may affect order volumes and profitability. Improving customer and contract mix; increasing focus on stable and higher- margin sectors; reviewing legacy contracts to improve
Acknowledgments Your Board places on record sincere gratitude and appreciation for all the employees. The Board conveys its appreciation for its customers, vendors, investors, bankers, end users, dealers, distributors, business partners, regulatory bodies and other business constituents during the year under review. We also thank the support received from various government and regulatory authorities.
The Group considers recoverable amount that is determined based on a value-in-use calculation using cash flow projections from financial budgets approved by management. The recoverable amount of the CGU has been determined based on a value in use calculation using cash flow projections from financial budgets approved by management covering a five year period. For the year ended March 31, 2026, an impairment loss of H
In parallel, the Company will continue to invest ahead of the market in R&D, focusing on next-generation technologies. Capacity expansion will remain disciplined and demand-driven, to support future growth and long-term value creation. Overall, every engineering decision at Rishabh is not an afterthought, but a deliberate choice, designed to strengthen sustainability, enable scale and deliver performance with consist
And once it starts, it will be a much bigger growth for us. So EMS and solar are 2 products where we get a little lower margins. But even if we are doing the white labeling, it is our own product, we design, we do everything.
iv) Whether it also displays official news releases The Company displays the Press Releases as and when released. v) The Presentations made to institutional investors or to the analysts The Company holds Investor Presentations and meetings from time to time and Presentations made thereat are also sent to the Stock Exchanges as well as displayed on the website of the Company. vi) NSE Electronic Application Processing
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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