Rishabh Instruments Limited share price
Rishabh Instruments Limited engages in the design, development, and manufacturing of global energy efficiency solutions in electrical automation, measurement, and industrial technology in Asia, Europe, and internationally. The company offers electrical automation devices, including transducers, isolators, and temperature controllers; metering, control, and protection devices, such as analogue panel meters, rotary cam switches, current transformers, shunts, digital panel meters, multi-function meters, power quality meters, power factor controllers, protection relays, and power supplies; portable test and measuring instruments, including digital multimeters, digital clamp meters, insulation t…Read more
- Market Cap₹ 2,656 Cr.
- Current Price₹ 686.35
- High / Low₹ 852 / 315
- Stock P/E32.8
- Book Value₹ 193
- Dividend Yield0.30 %
- ROCE13.5 %
- ROE12.00 %
- Face Value₹ 10.0
More figures (10)
- EPS (TTM)₹ 20.90
- Price / Book3.55
- OPM12.1 %
- Debt / Equity0.11
- Sales growth (4Y)10.4 %
- Profit growth (4Y)20.3 %
- Promoter holding72.9 %
- EV / EBITDA19.3
- Beta1.05
- All-time high₹ 852
Price chart
| Returns | 1M | 3M | 6M | YTD | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| RISHABH | -9.52% | +4.07% | +47.63% | +71.91% | +77.97% | +9.04% | — |
| Nifty 50 | -0.31% | -3.85% | -4.34% | -11.42% | -9.53% | +5.46% | +4.76% |
Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.
Quick take
- Rishabh Instruments Limited is in the Scientific & Technical Instruments industry (Technology), with a market value of ₹2,656 crore.
- It trades at 32.8 times its last 12 months' earnings and 3.6 times book value.
- Revenue grew 10.4% a year over the last 4 years, profit 20.3% a year.
- Return on equity was 12.0% and return on capital employed 13.5% in the latest year.
- Debt was 0.11 times shareholders' equity.
- The share price is 19.4% below its 52-week high and up 78.0% over one year.
- Promoters and insiders hold about 72.9%; institutions about 9.5%.
Pros
AI- Trades at 32.8 times earnings, below its 3-year median of 39.8.
- Borrowings are moderate at 0.11 times shareholders' equity.
- Promoters hold a large stake of 69.28%.
Cons
AI- Return on equity has been low: 8.0% on average over the last 3 years.
- Institutional (FII + DII) holding has fallen by 7.1 points over 3 years.
Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.
About Rishabh Instruments Limited
Rishabh Instruments Limited engages in the design, development, and manufacturing of global energy efficiency solutions in electrical automation, measurement, and industrial technology in Asia, Europe, and internationally. The company offers electrical automation devices, including transducers, isolators, and temperature controllers; metering, control, and protection devices, such as analogue panel meters, rotary cam switches, current transformers, shunts, digital panel meters, multi-function meters, power quality meters, power factor controllers, protection relays, and power supplies; portable test and measuring instruments, including digital multimeters, digital clamp meters, insulation testers, earth testers, and other testing and measurement solutions. It also offers solar string inverters, SCADA software, industrial automation, test and measurement solutions, and aluminum die casti…
- Employees
- 563
- Head office
- Nashik
Quarterly Results
Consolidated figures in ₹ croreStandalone figures in ₹ crore /
Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.
Profit & Loss
Consolidated figures in ₹ croreStandalone figures in ₹ crore /
Projection — your assumptions
Starts from the last four reported quarters (TTM) and applies the figures you enter; growth is pre-filled with the company's own past sales growth. This is a what-if calculator for illustration, not a forecast, estimate or recommendation.
Related party transactions
Related-party transactions are dealings with promoters, directors, subsidiaries and associates. Companies disclose them to the exchanges every half-year and in detail in the notes to their annual report.
No separate related-party filing among the recent announcements of the company.
Full details: notes to the Financial Year 2026 annual report (related party disclosures).
| ₹ Cr | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|
| 690 | 720 | 775 | 973 | |
| YOY Sales Growth % | 4.44% | 7.61% | ||
| 619 | 672 | 649 | 814 | |
| Material Cost % | 42% | 42% | 38% | 38% |
| Employee Cost % | 29% | 30% | 29% | 29% |
| Other Expenses % | 19% | 21% | 17% | 17% |
| Operating Profit | 71 | 48 | 126 | 160 |
| OPM % | 10% | 7% | 16% | 16% |
| 12 | 15 | 21 | 24 | |
| Exceptional items | -0 | 0 | 0 | |
| Interest | 4 | 6 | 6 | 6 |
| Depreciation | 28 | 27 | 36 | 45 |
| Profit before tax | 51 | 30 | 106 | 133 |
| 22% | 30% | 22% | 23% | |
| Current tax | 12 | 13 | 25 | |
| Deferred tax | -1 | -4 | -1 | |
| 40 | 21 | 82 | 102 | |
| Profit from associates | -0 | 0 | ||
| Minority share | 0 | -1 | 1 | 1 |
| Profit to shareholders | 40 | 23 | 82 | 101 |
| YOY Profit Growth % | -46.84% | 287.85% | ||
| EPS in Rs | 10.71 | 5.92 | 21.21 | 26.14 |
| Dividend Payout % | 2% |
Compounded Sales Growth
- TTM:
- 31%
Compounded Profit Growth
- TTM:
- 170%
Stock Price CAGR
- 3 Years:
- 9%
- 1 Year:
- 78%
Return on Equity
- 4 Years:
- 9%
- Last Year:
- 12%
| ₹ Cr | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|
| 225 | 239 | 268 | 345 | |
| YOY Sales Growth % | 6.51% | 11.89% | ||
| 179 | 204 | 207 | 267 | |
| Material Cost % | 47% | 51% | 46% | 46% |
| Employee Cost % | 19% | 18% | 18% | 17% |
| Other Expenses % | 14% | 15% | 14% | 14% |
| Operating Profit | 46 | 35 | 60 | 78 |
| OPM % | 20% | 15% | 23% | 23% |
| Other Income | 6 | 10 | 13 | 16 |
| Interest | 1 | 0 | 0 | 0 |
| Depreciation | 10 | 13 | 18 | 22 |
| Profit before tax | 41 | 31 | 56 | 72 |
| 21% | 26% | 26% | 26% | |
| Current tax | 9 | 9 | 16 | |
| Deferred tax | 0 | -1 | -2 | |
| 32 | 23 | 42 | 54 | |
| YOY Profit Growth % | -27.82% | 78.24% | ||
| EPS in Rs | 8.69 | 6.12 | 10.84 | 13.92 |
| Dividend Payout % | 3% |
Compounded Sales Growth
- TTM:
- 39%
Compounded Profit Growth
- TTM:
- 81%
Stock Price CAGR
- 3 Years:
- 9%
- 1 Year:
- 78%
Return on Equity
- 4 Years:
- 9%
- Last Year:
- 12%
Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.
Balance Sheet
Consolidated figures in ₹ crore, as at 31 March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 29 | 38 | 38 | 39 |
| Reserves | 372 | 521 | 573 | 706 |
| 106 | 58 | 100 | 81 | |
| Long term borrowings | 26 | 15 | 72 | 37 |
| Short term borrowings | 77 | 40 | 25 | 37 |
| 142 | 164 | 177 | 177 | |
| Trade payables | 83 | 79 | 81 | 74 |
| Minority interest | 8 | 5 | 3 | 4 |
| Current liabilities | 201 | 185 | 181 | 176 |
| Total Liabilities | 649 | 781 | 888 | 1,003 |
| 208 | 254 | 306 | 369 | |
| Gross block | 246 | 353 | 431 | 539 |
| Accumulated depreciation | 38 | 98 | 125 | 169 |
| Goodwill & intangibles | 27 | 30 | 42 | 56 |
| CWIP | 16 | 15 | 29 | 44 |
| 425 | 512 | 553 | 589 | |
| Inventories | 154 | 175 | 162 | 172 |
| Trade receivables | 121 | 129 | 135 | 132 |
| Cash & equivalents | 67 | 51 | 90 | 96 |
| Current assets | 410 | 489 | 527 | 533 |
| Total Assets | 649 | 781 | 888 | 1,003 |
Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.
Cash Flows
Consolidated figures in ₹ crore, financial years ending March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 28 | 76 | 65 | 108 | |
| Profit for the year | 47 | 40 | 22 | 82 |
| Working capital changes | -48 | -10 | 11 | -12 |
| Direct taxes paid | -13 | -11 | -13 | -24 |
| -3 | -132 | -82 | -117 | |
| Fixed assets purchased | -30 | -69 | -76 | -110 |
| Fixed assets sold | 1 | 0 | 0 | 0 |
| Investments purchased | -65 | -4 | -24 | |
| -5 | 23 | 37 | -28 | |
| Proceeds from borrowings | 6 | |||
| Interest paid | -5 | -4 | -5 | -5 |
| Dividends paid | -1 | -1 | ||
| Net Cash Flow | 20 | -33 | 21 | -37 |
| Free Cash Flow | -3 | 7 | -11 | -2 |
Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.
Ratios
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| ROE | — | 11.7% | 8.3% | 3.8% | 12.0% |
| ROCE | — | 14.4% | 9.2% | 5.0% | 13.5% |
| Operating margin | — | 10.0% | 6.5% | 3.1% | 12.1% |
| Net margin | — | 8.3% | 5.8% | 3.2% | 10.8% |
| Debt / equity | — | 0.26 | 0.10 | 0.16 | 0.11 |
| Current ratio | — | 2.04 | 2.65 | 2.92 | 3.02 |
| Debtor days | — | 78 | 70 | 70 | 64 |
| Inventory days | — | 209 | 210 | 185 | 202 |
| Days payable | — | 113 | 95 | 93 | 87 |
| Cash conversion cycle | — | 174 | 185 | 162 | 179 |
| Working capital days | — | 136 | 164 | 179 | 172 |
Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.
Shareholding Pattern
Numbers in percentages · as filed with NSE each quarter
- Promoters 69.28%
- FIIs 2.32%
- DIIs 7.39%
- Public 21.01%
| % | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 70.68% | 70.25% | 70.16% | 70.16% | 70.16% | 70.15% | 69.81% | 69.81% | 69.67% | 69.55% | 69.40% | 69.28% |
| 2.10% | 0.30% | 0.11% | 0.12% | 0.11% | 0.17% | 0.05% | 0.35% | 0.24% | 0.10% | 1.18% | 2.32% | |
| Foreign portfolio investors (Cat. I) | 2.10% | 0.27% | 0.07% | 0.08% | 0.07% | 0.17% | 0.05% | 0.32% | 0.24% | 0.09% | 0.50% | 1.33% |
| Foreign portfolio investors (Cat. II) | 0.04% | 0.04% | 0.04% | 0.04% | 0.03% | 0.01% | 0.67% | 0.99% | ||||
| 14.71% | 14.52% | 13.34% | 13.20% | 13.45% | 13.09% | 12.42% | 12.01% | 12.57% | 11.73% | 11.21% | 7.39% | |
| Mutual funds | 13.63% | 13.18% | 13.20% | 13.20% | 13.11% | 13.09% | 12.42% | 11.60% | 11.58% | 10.67% | 8.40% | 4.49% |
| Insurance companies | 1.02% | 1.01% | 0.01% | |||||||||
| Alternative investment funds | 0.06% | 0.33% | 0.13% | 0.34% | 0.41% | 0.99% | 1.05% | 2.81% | 2.90% | |||
| Government | 0.05% | |||||||||||
| 12.50% | 14.88% | 16.39% | 16.52% | 16.29% | 16.59% | 17.71% | 17.83% | 17.51% | 18.63% | 18.22% | 21.01% | |
| Retail (up to ₹2 lakh) | 8.05% | 9.53% | 11.59% | 12.64% | 12.68% | 12.85% | 12.87% | 10.97% | 10.46% | 10.24% | 9.86% | 10.64% |
| HNIs (above ₹2 lakh) | 0.61% | 1.77% | 1.06% | 1.00% | 0.94% | 0.94% | 1.25% | 3.42% | 3.96% | 5.12% | 4.84% | 6.13% |
| NRIs | 0.26% | 0.36% | 0.47% | 0.55% | 0.56% | 0.56% | 1.07% | 0.74% | 0.95% | 0.93% | 0.52% | 0.52% |
| Bodies corporate | 2.66% | 2.30% | 2.16% | 1.33% | 1.06% | 0.98% | 1.21% | 1.39% | 0.88% | 1.08% | 1.39% | 2.21% |
| No. of Shareholders | 35,855 | 35,478 | 39,606 | 42,223 | 42,034 | 41,056 | 40,235 | 35,765 | 33,805 | 32,231 | 30,707 | 31,550 |
Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.
Mutual funds & institutions holding Rishabh Instruments
| Holder (above 1%) | Stake |
|---|---|
| Nippon Life India Trustee Ltd-A/C Nippon India SmaMutual fund | 3.48% |
| Persistence Capital Fund IAIF | 1.23% |
| Quant Small Cap FundMutual fund | 1.01% |
As named in the shareholding pattern for Sep 2026 filed with NSE; mutual funds together hold 4.49% of the company. Shareholders below 1% are not named in the filing.
Documents
Announcements
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Rishabh Instruments Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 201802-Oct-2026
- ESOP/ESOS/ESPSRishabh Instruments Limited has informed the Exchange regarding Grant of 100000 Options.29-Sep-2026
- Trading WindowRishabh Instruments Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201528-Sep-2026
- ESOP/ESOS/ESPSRishabh Instruments Limited has informed the Exchange regarding Allotment of 4400 Shares.01-Sep-2026
- Rumour Verification - Regulation 30(11)Rishabh Instruments Limited has informed the Exchange about Rumour Verification - Regulation 30(11)21-Aug-2026
- Copy of Newspaper PublicationNewspaper Publication Unaudited Financial Results of Rishabh Instruments Limited ( the Company ) for the Quarter ended June 30, 202616-Aug-2026
- Statement of deviation(s) or variation(s) under Reg. 32Rishabh Instruments Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 3214-Aug-2026
- Outcome of Board MeetingRishabh Instruments Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.14-Aug-2026
- ESOP/ESOS/ESPSRishabh Instruments Limited has informed the Exchange regarding Allotment of 30152 Shares.06-Aug-2026
- ESOP/ESOS/ESPSRishabh Instruments Limited has informed the Exchange regarding Allotment of 500 Shares.06-Aug-2026
- Shareholders meetingRishabh Instruments Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on July 31, 2026. Further, the company has informed the Exchange re…04-Aug-2026
- Shareholders meetingRishabh Instruments Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on July 31, 202631-Jul-2026
Annual reports
Credit ratings
- Credit Rating- OthersRishabh Instruments Limited has informed the Exchange about Credit Rating- Others08-Apr-2026
- Credit Rating- RevisionRishabh Instruments Limited has informed the Exchange about Credit Rating- Revision05-Mar-2026
- Credit RatingRishabh Instruments Limited has informed the Exchange about Credit Rating09-May-2025
Concalls & investor meets
- Analysts/Institutional Investor Meet/Con. Call UpdatesRishabh Instruments Limited has informed the Exchange about Transcript20-Aug-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesRishabh Instruments Limited has informed the Exchange about Link of Recording17-Aug-2026
- Investor PresentationRishabh Instruments Limited has informed the Exchange about Investor Presentation16-Aug-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesRishabh Instruments Limited has informed the Exchange about Schedule of meet11-Aug-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesRishabh Instruments Limited has informed the Exchange about Schedule of meet29-Jun-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesRishabh Instruments Limited has informed the Exchange about Schedule of meet08-Jun-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesRishabh Instruments Limited has informed the Exchange about Schedule of meet08-Jun-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesRishabh Instruments Limited has informed the Exchange about Schedule of meet08-Jun-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesRishabh Instruments Limited has informed the Exchange about Transcript24-May-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesRishabh Instruments Limited has informed the Exchange about Link of Recording18-May-2026
Filings made by the company with NSE; documents open on NSE's website.
Key dates
- Ex-dividend date
- 24 Jul 2026
- Latest quarter
- 30 Jun 2026
- Financial year end
- 31 Mar 2026
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Latest news
In the news
- Rishabh Instruments (RISHABH.NS) Slips 3.50% to ₹671.6 as Stock Drifts Toward Key Support - RSI Overbought Alertshttps://www.siam.in/ · 1 d ago
- Rishabh Instruments Limited Actuals & Estimates (NSE:RISHABH)TradingView · 2 d ago
- Rishabh Instruments RISHABH Q2 FY27 Reg 74(5) ComplianceKalkine India · 2 Oct 2026
- Rishabh Instruments (RISHABH.NS) Slips 2.88% to ₹703 as Stock Drifts Toward Key Support - Merger Arbitragehttps://www.siam.in/ · 30 Sep 2026
- Rishabh Instruments NSE:RISHABH Trading Window Closure Q2 FY27Kalkine India · 28 Sep 2026
From the company (NSE)
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Rishabh Instruments Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018NSE filing · 02-Oct-2026
- ESOP/ESOS/ESPSRishabh Instruments Limited has informed the Exchange regarding Grant of 100000 Options.NSE filing · 29-Sep-2026
- Trading WindowRishabh Instruments Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015NSE filing · 28-Sep-2026
- ESOP/ESOS/ESPSRishabh Instruments Limited has informed the Exchange regarding Allotment of 4400 Shares.NSE filing · 01-Sep-2026
- Rumour Verification - Regulation 30(11)Rishabh Instruments Limited has informed the Exchange about Rumour Verification - Regulation 30(11)NSE filing · 21-Aug-2026
- Copy of Newspaper PublicationNewspaper Publication Unaudited Financial Results of Rishabh Instruments Limited ( the Company ) for the Quarter ended June 30, 2026NSE filing · 16-Aug-2026
- Statement of deviation(s) or variation(s) under Reg. 32Rishabh Instruments Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32NSE filing · 14-Aug-2026
- Outcome of Board MeetingRishabh Instruments Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.NSE filing · 14-Aug-2026
Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.
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