Rishabh Instruments Ltd
RISHABH NSE
Rishabh Instruments Ltd
IndustrialsNSE: RISHABH BSE: 543977 Other Electrical Equipment
Key Fundamentals
Volatility
Moderate
EBITDA
₹63.00 Cr
Debt to Equity
0.13
52W High
₹490
52W Low
₹207.11
Technical Indicators
Key Insights
Weaknesses
2- 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.
Growth Rate
Revenue Growth
4.79% ↗
Net Income Growth
-46.87% ↘
Cash Flow Change
-14.58% ↘
ROE
-51.27% ↘
ROCE
-45.51% ↘
EBITDA Margin (Avg.)
-27.37% ↘
Quarterly Results
| Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Depreciation | 2 | 7 | 7 | 7 | 5 | 9 | 6 | 6 | 7 | 8 | 8 | 9 | 10 |
| EPS in Rs | 5.62 | 5.09 | 2.72 | 5.72 | 2 | 0.63 | 0.95 | 1.08 | 2.19 | 1.64 | 5.13 | 5.77 | 5.19 |
| Expenses | 115 | 150 | 156 | 148 | 155 | 160 | 162 | 172 | 167 | 171 | 162 | 163 | 152 |
| Interest | 2 | 1 | 2 | 1 | 1 | 0 | 1 | 2 | 1 | 2 | 1 | 1 | 1 |
| Net Profit | 18 | 15 | 8 | 22 | 7 | 2 | 3 | 4 | 8 | 6 | 20 | 22 | 21 |
| OPM % | 14% | 14% | 10% | 18% | 3% | 10% | 4% | 6% | 8% | 9% | 15% | 17% | 17% |
| Operating Profit | 19 | 25 | 17 | 32 | 5 | 18 | 8 | 10 | 14 | 16 | 28 | 33 | 31 |
| Other Income | 4 | 3 | 4 | 2 | 4 | 2 | 4 | 3 | 5 | 3 | 4 | 5 | 6 |
| PBT | 19 | 19 | 11 | 25 | 3 | 11 | 5 | 6 | 11 | 9 | 24 | 29 | 26 |
| Sales | 134 | 174 | 172 | 180 | 159 | 178 | 169 | 182 | 181 | 187 | 190 | 196 | 184 |
| Tax % | 6% | 22% | 29% | 12% | -128% | 79% | 30% | 29% | 28% | 32% | 18% | 23% | 21% |
Profit & Loss
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| Depreciation | 24 | 21 | 20 | 20 | 28 | 27 | 34 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | — |
| EPS in Rs | 20.78 | 23.75 | 32.18 | 16.01 | 10.38 | 5.89 | 17.73 |
| Expenses | 341 | 332 | 397 | 493 | 618 | 671 | 648 |
| Interest | 4 | 4 | 4 | 6 | 5 | 6 | 5 |
| Net Profit | 32 | 36 | 50 | 50 | 40 | 21 | 68 |
| OPM % | 15% | 15% | 16% | 13% | 10% | 7% | 14% |
| Operating Profit | 60 | 58 | 73 | 77 | 72 | 49 | 109 |
| Other Income | 9 | 13 | 10 | 10 | 12 | 14 | 17 |
| PBT | 40 | 46 | 59 | 61 | 51 | 30 | 87 |
| Sales | 401 | 390 | 470 | 570 | 690 | 720 | 758 |
| Tax % | 22% | 22% | 16% | 18% | 22% | 30% | — |
Balance Sheet
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Borrowings | 104 | 106 | 103 | 106 | 58 | 98 | 104 |
| CWIP | 32 | 2 | 5 | 8 | 17 | 32 | 29 |
| Equity Capital | 15 | 15 | 15 | 29 | 38 | 38 | 38 |
| Fixed Assets | 181 | 224 | 220 | 219 | 265 | 311 | 371 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 276 | 284 | 337 | 420 | 496 | 544 | 558 |
| Other Liabilities | 101 | 105 | 118 | 140 | 162 | 177 | 166 |
| Reserves | 269 | 285 | 326 | 372 | 521 | 573 | 650 |
| Total Assets | 488 | 510 | 562 | 647 | 779 | 886 | 958 |
| Total Liabilities | 488 | 510 | 562 | 647 | 779 | 886 | 958 |
Cash Flow
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| CFO/OP | 135 | 104 | 33 | 53 | 122 | 159 |
| Financing | 21 | -23 | -7 | -4 | 23 | 37 |
| Investing | -63 | -18 | -14 | -3 | -115 | -63 |
| Operating | 72 | 53 | 13 | 28 | 76 | 65 |
| Free Cash Flow | 25 | 18 | -2 | -1 | 7 | -11 |
| Net Cash Flow | 29 | 11 | -8 | 20 | -16 | 39 |
Ratios
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Cash Conversion Cycle | 104 | 104 | 174 | 178 | 189 | 165 |
| Days Payable | 115 | 145 | 125 | 117 | 99 | 98 |
| Debtor Days | 56 | 64 | 62 | 77 | 68 | 68 |
| Inventory Days | 163 | 185 | 237 | 218 | 219 | 195 |
| ROCE % | — | 12% | 15% | 14% | 10% | 5% |
| Working Capital Days | 8 | 16 | 44 | 66 | 79 | 76 |
Documents
Financial Year 2024
from bse
from bse
Financial Year 2025
from bse
from bse
Concall - Oct 2023
Oct 2023
Concall - Nov 2025
Nov 2025
Concall - Nov 2024
Nov 2024
Concall - Mar 2024
Mar 2024
Concall - Jun 2025
Jun 2025
Concall - Jun 2024
Jun 2024
Concall - Feb 2026
Feb 2026
Concall - Feb 2025
Feb 2025
Concall - Feb 2024
Feb 2024
Concall - Aug 2025
Aug 2025
Concall - Aug 2024
Aug 2024
Concall - Apr 2024
Apr 2024
Update Of Audio Recording For Earnings Conference Call For Q3 - FY 2025-26
6 Feb - Audio recording of Q3 FY2025-26 earnings call uploaded on company website; transcript forthcoming.
6 Feb - Audio recording of Q3 FY2025-26 earnings call uploaded on company website; transcript forthcoming.
Announcement under Regulation 30 (LODR)-Credit Rating
5 Mar - CRISIL upgraded Rishabh Instruments' ratings to Crisil BBB+/Stable and A2; total facilities Rs16.3 Crore; dated March 4, 2026.
5 Mar - CRISIL upgraded Rishabh Instruments' ratings to Crisil BBB+/Stable and A2; total facilities Rs16.3 Crore; dated March 4, 2026.
Announcement under Regulation 30 (LODR)-Credit Rating
5 Mar - CRISIL upgraded Rishabh Instruments' ratings to Crisil BBB+/Stable and A2; total facilities Rs16.3 Crore; dated March 4, 2026.
5 Mar - CRISIL upgraded Rishabh Instruments' ratings to Crisil BBB+/Stable and A2; total facilities Rs16.3 Crore; dated March 4, 2026.
Closure of Trading Window
27 Mar - Trading window closed from April 1, 2026 until 48 hours after audited FY2026 results announcement.
27 Mar - Trading window closed from April 1, 2026 until 48 hours after audited FY2026 results announcement.
Closure of Trading Window
15h - Trading window closed from April 1, 2026 until 48 hours after audited FY2026 results announcement.
15h - Trading window closed from April 1, 2026 until 48 hours after audited FY2026 results announcement.
Rating update
4 Sep 2023 from crisil
4 Sep 2023 from crisil
Rating update
2 Mar from crisil
2 Mar from crisil
Rating update
2 Dec 2024 from crisil
2 Dec 2024 from crisil
Frequently Asked Questions about Rishabh Instruments Ltd
What does Rishabh Instruments Ltd do?
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 f...
Where is Rishabh Instruments Ltd (RISHABH) listed?
Rishabh Instruments Ltd is listed on the Indian stock exchanges. It is listed on NSE: RISHABH and BSE: 543977. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Rishabh Instruments Ltd belong to?
Rishabh Instruments Ltd operates in the Industrials sector within the Other Electrical Equipment industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the 52-week high and low of Rishabh Instruments Ltd?
Over the past 52 weeks, Rishabh Instruments Ltd has traded between a low of ₹207.11 and a high of ₹490. This range helps investors understand the stock's price volatility and recent trading levels.
How can I research Rishabh Instruments Ltd on Tapetide?
On Tapetide, you can view Rishabh Instruments Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
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]