Rishabh Instruments
- Market cap
- ₹ 2,479 Cr.
- P/E
- 30.8x
- P/B
- 3.49x
- 52-week range
- 315 – 852
- ROE
- 12%
- ROCE
- 14%
- Dividend yield
- 0.3%
- Debt / equity
- 0.11
- Sector
- Electrical Equipment
- Industry
- Other Electrical Equipment
- Listed on
- NSE, BSE
About
Rishabh Instruments Limited is an India-based company, which is engaged in the business of manufacturing, designing and development of global energy efficiency solutions. The Company is engaged in designing, development and manufacturing of test and measuring instruments, and industrial control products. The Company is focused on electrical automation, metering and measurement, and precision engineered products. It specializes in manufacturing and suppling analog panel meters and low voltage current transformers. The Company also provides complete aluminum high-pressure die-casting solutions for customers requiring close tolerance fabrication (such as automotive compressor manufacturers and automation high precision flow meters manufacturers), machining, and finishing of precision components. It has over 350 global authorized dealers/stockists catering to 70 countries, including Germany, the United States, the United Kingdom, Australia, the Middle East and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Other Electrical Equipment: 83 companies →Rishabh Instruments against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)30.8 against a typical 25.2: pricier than most peers (1st = cheapest).48th of 80
- Sales growth+4.2% against a typical +32% from a year earlier.48th of 69
- Profit growth−5% against a typical +15.9% from a year earlier.39th of 64
- Share price, 3 months+5.9% against a typical −10.4%.18th of 74
- Size₹ 2,478.7 Cr. market value against a typical ₹ 553.8 Cr. (1st = largest).18th of 77
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB+ by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil BBB+ | Stable | 2 Mar 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 2 Mar 2026 | ▲ Upgrade | Crisil BBB+ | — | CRISIL | ₹ 16.3 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 14 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 18 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend, if any |
| 5 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 13 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 14 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 27 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend if any |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 180 | 159 | 178 | 169 | 182 | 181 | 187 | 190 | 196 | 184 | 205 | 198 |
| Expenses | 148 | 155 | 160 | 162 | 172 | 167 | 171 | 162 | 163 | 152 | 172 | 165 |
| Operating Profit | 32 | 5 | 18 | 8 | 10 | 14 | 16 | 28 | 33 | 31 | 33 | 33 |
| OPM % | 18% | 3% | 10% | 4.5% | 6% | 8% | 9% | 15% | 17% | 17% | 16% | 17% |
| Other Income | 2 | 4 | 2 | 4 | 3 | 5 | 3 | 4 | 5 | 6 | 6 | 4 |
| Interest | 1 | 1 | 0 | 1 | 2 | 1 | 2 | 1 | 1 | 1 | 2 | 1 |
| Depreciation | 7 | 5 | 9 | 6 | 6 | 7 | 8 | 8 | 9 | 10 | 10 | 9 |
| Profit before tax | 25 | 3 | 11 | 5 | 6 | 11 | 9 | 24 | 29 | 26 | 28 | 27 |
| Tax % | 12% | −128% | 79% | 30% | 29% | 28% | 32% | 18% | 23% | 21% | 27% | 27% |
| Net Profit | 22 | 7 | 2 | 3 | 4 | 8 | 6 | 20 | 22 | 21 | 20 | 19 |
| EPS in Rs | 5.72 | 2 | 0.63 | 0.95 | 1.08 | 2.19 | 1.64 | 5.13 | 5.77 | 5.19 | 5.11 | 4.92 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 15%
- 3 Years
- 11%
- TTM
- 6%
- 10 Years
- —
- 5 Years
- 19%
- 3 Years
- 20%
- TTM
- 110%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 10%
- 3 Years
- 8%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Rishabh Instruments | ₹ 660.00 | ₹ 2,479 Cr. | 30.8x | 3.5x | 12% | — |
| Shivalik Bimetal Controls | ₹ 902.00 | ₹ 5,196 Cr. | 44x | 8.8x | 21.6% | 16.8% |
| Tarsons Products | ₹ 300.60 | ₹ 1,596 Cr. | 101.6x | 2.4x | 2.3% | 3.4% |
| Rolcon Engineering Company | ₹ 462.10 | ₹ 35 Cr. | 12.5x | 1.4x | 11.9% | 6.4% |
| EPIC Energy | ₹ 38.85 | ₹ 31 Cr. | 36.5x | 1.9x | 6.6% | 14.4% |
Management
- Narendra Johrimal Goliya
- Executive Chairman of the Board
- Vishal Prabhakar Kulkarni
- Chief Financial Officer
- Ajinkya Joglekar
- Company Secretary, Compliance Officer
- Dineshkumar Mahadev Musalekar
- Managing Director, Executive Director
- Nitinkumar Sudhir Deshpande
- Global Head - Marketing & Strategic Business
Prices are delayed and for information only. Nothing on this page is investment advice.