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19 announcements match the current filters (relevance ≥ 5).
Rishabh Clarifies on Media Reports of Promoter Stake Sale at >Rs 3,000 Cr Valuation
Rishabh Instruments responded to a CNBC-TV18 report alleging that promoters are in talks to sell a controlling stake (part of their 69.55% holding) to suitors including a German entity at a valuation exceeding Rs 3,000 crore. The company clarified that at this stage, it has no material event or information requiring disclosure under SEBI Regulation 30. The reported valuation of over Rs 3,000 crore represents a premium to its current market capitalization of approximately Rs 2,602 crore.
Confidence: HIGH
What changedRishabh Instruments issued a formal regulatory clarification addressing media speculation regarding a promoter stake sale.
Why it mattersA change in controlling ownership would alter the strategic leadership and governance of the company, while the rumored Rs 3,000+ crore valuation benchmarks market expectations against its current Rs 2,602 crore market cap.
Reported Valuation in Media: >Rs 3,000 crorePromoter Stake Mentioned: nearly 70 percentCurrent Market Capitalization: Rs 2,602 CrLatest Promoter Holding: 69.55%
📅 Short termStock may witness volatility driven by speculative positioning around promoter exit talks versus the company's formal clarification.
📈 Long termAny potential future change in promoter control or strategic ownership would significantly influence long-term capital allocation and international expansion plans.
⚠ Risk flags
- Uncertainty around ownership structure and management continuity
- Potential stock price volatility following speculative media reports
Key Highlights
Responded to CNBC-TV18 report from August 20, 2026, regarding potential promoter stake sale
Media report alleged talks to sell controlling interest out of nearly 70% promoter stake
Report cited an expected transaction valuation of over Rs 3,000 crore
Company stated that at this stage, no material event or information requires disclosure under Regulation 30
👀 What to Watch
Track subsequent exchange disclosures or clarifications regarding promoter shareholding and potential corporate actions, alongside regular quarterly performance updates.
Rishabh Instruments Q1 FY27 Concall: Revenue at ₹198.3 Cr (+4.2% YoY), EBITDA Margin at 16.8%
Rishabh Instruments reported Q1 FY27 consolidated revenue of ₹198.3 Cr (INR 1,983 mn), up 4.2% YoY, with consolidated EBITDA rising 17.3% YoY to ₹33.3 Cr (16.8% margin) and PAT of ₹19.4 Cr. Growth was led by the Electrical and Electronics Instrumentation (EEI) segment, which surged 34% YoY with ~24% EBITDA margin. International subsidiary Lumel S.A. grew revenue by 39% YoY, contributing 50% to consolidated PAT, while Lumel Alucast maintained operating breakeven (adjusted EBITDA at -6.4%). Management confirmed ongoing capacity doubling in Current Transformers (CT) and partial commissioning of the new Nashik manufacturing plant.
Confidence: HIGH
What changedSubmission of the official earnings conference call transcript for Q1 FY27 held on August 17, 2026.
Why it mattersProvides granular operational insights into segment performance, product rollouts, capacity expansions, and Lumel Alucast's turnaround trajectory.
Consolidated Revenue (Q1 FY27): INR 1,983 mnConsolidated EBITDA (Q1 FY27): INR 333 mnConsolidated PAT (Q1 FY27): INR 194 mnEEI Segment YoY Growth: 34%Lumel S.A. YoY Growth: 39%
📅 Short termEarnings details and commentary are already priced in; market attention will stay on quarterly margin execution across international subsidiaries.
📈 Long termExpansion in high-margin EEI segments, doubling of CT capacity, and expanding footprints in the US and Europe support the medium-to-long term growth runway.
⚠ Risk flags
- Lumel Alucast profitability drag (adjusted EBITDA of -6.4% in Q1 FY27).
- European macroeconomic softness and geopolitical/supply chain headwinds.
- Raw material price volatility, particularly aluminum in die-casting.
Key Highlights
Q1 FY27 consolidated revenue stood at INR 1,983 mn (+4.2% YoY) and EBITDA at INR 333 mn (+17.3% YoY).
EEI segment delivered 34% YoY revenue growth with an EBITDA margin of ~24%.
Lumel S.A. grew 39% YoY with a 24% EBITDA margin, contributing 50% to Q1 FY27 consolidated PAT.
India standalone business posted 25.6% YoY growth with a 22.9% EBITDA margin.
Management highlighted plans to close to double Current Transformer (CT) capacity and launch >15 new products in FY27.
👀 What to Watch
Track the EBITDA breakeven timeline for Lumel Alucast by FY27-end, commercial ramp-up of the Nashik plant, and traction in the solar inverter segment.
Q1FY27 Deck: Cons. Revenue ₹198.3 Cr (+4.2% YoY), EBITDA Up 17.3% to ₹33.3 Cr
Rishabh Instruments published its Q1FY27 investor presentation, reporting consolidated revenue growth of 4.2% YoY to ₹198.3 Cr and reported EBITDA growth of 17.3% YoY to ₹33.3 Cr, expanding EBITDA margins by 190 bps to 16.8%. Net profit remained roughly flat at ₹19.4 Cr (-1.4% YoY) owing to higher tax and depreciation expenses. Performance was led by the Electrical & Electronic Instruments (EEI) segment, where revenue climbed 34.0% YoY to ₹154.0 Cr and adjusted EBITDA surged 69.1% YoY to ₹38.2 Cr. High Pressure Die Casting (HPDC) revenue contracted 41.2% YoY to ₹44.3 Cr as the company actively exited lower-margin contracts, targeting full-year adjusted EBITDA breakeven.
Confidence: HIGH
What changedRishabh Instruments released its Q1FY27 earnings presentation, showcasing margin expansion driven by strong growth in core electrical instruments despite a planned revenue scale-down in HPDC.
Why it mattersDemonstrates management's shift away from low-margin casting volumes toward high-margin electronic instruments (24.8% margin), supporting consolidated profitability.
Consolidated Revenue (Q1FY27): ₹198.3 CrConsolidated EBITDA (Q1FY27): ₹33.3 CrConsolidated PAT (Q1FY27): ₹19.4 CrEEI Segment Revenue: ₹154.0 CrHPDC Segment Revenue: ₹44.3 Cr
📅 Short termSolid margin expansion in EEI provides earnings resilience, though consolidated top-line growth remains subdued due to the restructuring in HPDC.
📈 Long termStructural focus on electrification, renewables, data centers, and turning around the Lumel Alucast unit should support sustainable return ratios over time.
⚠ Risk flags
- Revenue shrinkage and ongoing operating loss in HPDC during restructuring
- High geographic concentration in Europe (70.8% of consolidated revenue)
- Raw material (aluminum) price sensitivity in die-casting
Key Highlights
Consolidated revenue grew 4.2% YoY to ₹198.3 Cr, while reported EBITDA rose 17.3% YoY to ₹33.3 Cr (16.8% margin).
EEI segment revenue jumped 34.0% YoY to ₹154.0 Cr with adjusted EBITDA up 69.1% YoY to ₹38.2 Cr (24.8% margin).
HPDC segment declined 41.2% YoY to ₹44.3 Cr following intentional exit from low-margin contracts; posted an adjusted EBITDA loss of ₹2.8 Cr.
Standalone business posted robust performance with revenue up 25.6% YoY to ₹77.6 Cr and PAT up 20.2% YoY to ₹11.9 Cr.
Europe generated 70.8% of consolidated revenue during Q1FY27, followed by Asia at 24.1%.
👀 What to Watch
Track execution in filling HPDC capacity with higher-margin contracts to achieve targeted FY27 EBITDA breakeven, alongside order momentum in the high-margin EEI portfolio.
Rishabh Instruments Q1 FY27: Consolidated Revenue up 4.2% YoY to ₹198.3 Cr
Rishabh Instruments reported a consolidated revenue of ₹198.28 Cr for Q1 FY27, a modest 4.2% increase from ₹190.33 Cr in the same quarter last year. Standalone performance was significantly stronger, with revenue growing 25.6% YoY to ₹77.60 Cr and net profit rising 20.1% to ₹11.87 Cr. The European market remains the company's primary revenue driver, contributing ₹123.99 Cr or 62.5% of total consolidated sales. While standalone margins remain healthy, consolidated revenue saw a slight sequential decline from ₹204.86 Cr in Q4 FY26.
Confidence: HIGH
What changedThe company released its unaudited financial results for the first quarter of FY27 and appointed Mr. Ajinkya Joglekar as the Nodal Officer for IEPF compliance.
Why it mattersThe results highlight a divergence between strong domestic (standalone) growth and stagnant European (consolidated) performance, which is critical given the company's high geographical concentration in Europe.
Consolidated Revenue (Q1 FY27): ₹198.28 CrStandalone Revenue Growth (YoY): 25.6%Europe Revenue Contribution: 62.5%Standalone PAT (Q1 FY27): ₹11.87 CrConsolidated Revenue vs TTM Revenue: 37.8%
📅 Short termThe stock may see neutral movement as the strong standalone growth is offset by relatively flat consolidated performance and a slight sequential revenue dip.
📈 Long termLong-term value depends on the company's ability to diversify its revenue base away from Europe and successfully scale its high-margin Industrial Control Products (ICP) and Testing instruments.
⚠ Risk flags
- High geographical concentration in Europe (62.5% of revenue)
- Significant increase in standalone material costs (up 46.8% YoY)
- Geopolitical risks affecting European subsidiaries
Key Highlights
Consolidated revenue for Q1 FY27 stood at ₹198.28 Cr, representing approximately 37.8% of the TTM revenue of ₹524 Cr.
Standalone net profit increased by 20.1% YoY to ₹11.87 Cr compared to ₹9.88 Cr in Q1 FY26.
Europe segment revenue contributed ₹123.99 Cr, although it remained nearly flat compared to ₹134.70 Cr in the previous year's quarter.
Standalone revenue from operations grew to ₹77.60 Cr from ₹61.78 Cr in the year-ago period.
Total standalone expenses rose by 24.5% YoY to ₹64.25 Cr, primarily driven by a 46.8% increase in material consumption costs.
👀 What to Watch
Monitor the growth trajectory of the standalone India business which is outperforming the consolidated entity. Investors should also track the recovery of European demand and the company's progress toward its ₹100 Cr EBITDA target.
Rishabh Instruments FY26 EBITDA Surges 161% to ₹126 Cr; Nashik Capacity to Double
Rishabh Instruments reported a strong FY26 performance with consolidated EBITDA growing 161% YoY to ₹126 crores, exceeding its initial guidance of ₹110 crores. The company achieved a significant turnaround in its Lumel Alucast business, which posted an adjusted EBITDA of ₹3.3 crores compared to a ₹15 crore loss in the previous year. Gross margins expanded to 54% from 48.6%, driven by a better product mix and sourcing efficiencies. With the completion of the Nashik expansion, the company is poised to double its production capacity to meet rising global demand.
Key Highlights
Consolidated EBITDA grew by 161% YoY to ₹126 crores in FY26, with adjusted EBITDA at ₹136 crores.
Gross margins improved by 540 basis points to 54% due to optimized product mix and procurement efficiencies.
The Electrical and Electronics Instrumentation (EEI) segment registered a robust growth of 17.5% in FY26.
Lumel Alucast turned profitable at the EBITDA level (₹3.3 crores) despite a planned 21% revenue decline in Polish currency.
Nashik manufacturing expansion is complete and under commissioning, which will effectively double production capacity.
👀 What to Watch
Investors should view the significant margin expansion and the turnaround of the die-casting business as strong indicators of management execution. The upcoming doubling of capacity at Nashik provides a clear catalyst for volume growth in FY27.
Rishabh Instruments Reports Reallocation of ₹750 Million IPO Proceeds for Nashik Expansion
Rishabh Instruments has filed a statement of deviation regarding the utilization of ₹750 million raised through its September 2023 public issue. The company modified its original plan to allocate ₹621.80 million solely to Nashik Manufacturing Facility I, instead splitting it between Facility I (₹321.80 million) and Facility II (₹300 million). As of March 31, 2026, the company has utilized ₹245.89 million for Facility I and ₹235.88 million for Facility II. This reallocation was previously approved by shareholders in September 2024 and represents a strategic shift in manufacturing expansion rather than a misuse of funds.
Key Highlights
Total funds raised via Public Issue: ₹750 million on September 11, 2023
Original allocation of ₹621.80 million for Facility I modified to include a second facility (Facility II)
₹245.89 million utilized for Facility I and ₹235.88 million for Facility II as of March 31, 2026
General Corporate Purpose utilization stands at ₹77.20 million out of an allocated ₹79.20 million
Modification of fund objects was formally approved by shareholders on September 13, 2024
👀 What to Watch
Investors should track the operational commencement of both Nashik facilities to ensure the reallocated capital translates into capacity growth. The deviation is a formal reporting requirement for a previously approved strategic change and does not indicate financial distress.
Rishabh Instruments Appoints Dineshkumar Musalekar as MD for 5-Year Term
Rishabh Instruments has redesignated Mr. Dineshkumar Musalekar from Whole-Time Director to Managing Director for a five-year term starting May 18, 2026. Mr. Musalekar brings over 30 years of experience, having previously served as President and CEO of the company's international subsidiaries, Lumel S.A. and Lumel Alucast. His remuneration package for FY 2026-27 includes a base salary of INR 14 million along with Euro 78,000 from overseas entities. This appointment is intended to streamline leadership and drive long-term strategic growth.
Key Highlights
Dineshkumar Musalekar appointed as Managing Director for a 5-year term starting May 18, 2026.
Total remuneration includes INR 14 million annually plus Euro 42,000 and Euro 36,000 from international subsidiaries.
The appointee has 30 years of experience across operations, manufacturing, and M&A, including a decade at OTIS.
The transition from Whole-Time Director to MD aims to enhance focus on strategic initiatives and day-to-day operations.
👀 What to Watch
This is a positive move for leadership stability and continuity; investors should monitor the company's strategic execution under the new MD's tenure following shareholder approval.
Rishabh Instruments FY26 PAT Surges 292% to ₹822 Mn; Proposes ₹2 Dividend
Rishabh Instruments reported a stellar performance for FY26, with consolidated PAT jumping 292% YoY to ₹822 million. While revenue growth was moderate at 7.6% YoY reaching ₹7,751 million, the company achieved significant operational leverage, with EBITDA margins expanding from 6.7% to 16.3%. This growth was driven by a turnaround in the High Pressure Die Casting (HPDC) segment and strong performance in the Electrical and Electronic Instruments (EEI) division. The board has proposed a final dividend of ₹2 per share, reflecting a 20% payout on face value.
Key Highlights
Consolidated PAT increased by 292% YoY to ₹822 million in FY26
Consolidated EBITDA margins expanded by 960 bps to 16.3% for the full year
EEI segment revenue grew 17.5% YoY to ₹5,369 million, acting as the primary growth engine
Proposed a final dividend of ₹2 per share (20% of Face Value)
Consolidated revenue for Q4FY26 grew 9.3% YoY to ₹2,049 million
👀 What to Watch
Investors should view the massive margin expansion and the turnaround in the HPDC business as strong indicators of operational efficiency. The company's focus on high-margin product mixes and global expansion makes it a compelling watch in the energy efficiency sector.
Rishabh Instruments FY26 Net Profit Jumps 78% to ₹416.6M; Recommends ₹2 Dividend
Rishabh Instruments reported a robust financial performance for the fiscal year ended March 31, 2026, with standalone net profit surging 78.2% YoY to ₹416.66 million. Annual revenue from operations grew by 11.9% to reach ₹2,676.17 million. In light of these results, the Board has recommended a final dividend of ₹2 per equity share (20% of face value). The company's earnings per share (EPS) also saw a significant jump from ₹6.12 to ₹10.84, reflecting improved profitability margins.
Key Highlights
Standalone Net Profit for FY26 increased by 78.2% YoY to ₹416.66 million compared to ₹233.75 million in FY25.
Annual Revenue from operations rose 11.9% to ₹2,676.17 million from ₹2,391.87 million in the previous year.
Recommended a final dividend of ₹2 per equity share (20%) for the financial year ended March 31, 2026.
Q4 FY26 standalone revenue stood at ₹787.78 million, representing a 15.2% growth over Q4 FY25.
Basic Earnings Per Share (EPS) for the full year improved to ₹10.84 from ₹6.12 in FY25.
👀 What to Watch
Investors should take note of the significant expansion in profit margins and the healthy dividend payout. The stock remains a positive watch given the strong bottom-line growth and consistent revenue trajectory.
Rishabh Instruments FY26 Net Profit Surges 78% to ₹416.7M; Declares ₹2 Dividend
Rishabh Instruments reported a strong financial performance for FY26, with standalone revenue growing 11.9% YoY to ₹2,676.17 million. The standalone net profit for the full year saw a significant jump of 78.2%, reaching ₹416.66 million compared to ₹233.75 million in FY25. The board has recommended a final dividend of ₹2 per share (20% of face value). Furthermore, the company's capital work-in-progress has increased substantially to ₹386.45 million, signaling ongoing expansion and future capacity building.
Key Highlights
Standalone Net Profit for FY26 surged 78.2% YoY to ₹416.66 million.
Annual Revenue from operations grew 11.9% to ₹2,676.17 million in FY26.
Recommended a final dividend of ₹2 per equity share (20% on face value of ₹10).
Capital work-in-progress (CWIP) increased from ₹80.90 million to ₹386.45 million YoY.
Basic Earnings Per Share (EPS) improved significantly to ₹10.84 from ₹6.12 in the previous year.
👀 What to Watch
The strong bottom-line growth and healthy dividend payout make this a positive result; investors should monitor the commissioning of the ongoing capital projects which could drive the next leg of growth.
Rishabh Instruments Subsidiary Lumel SA Secures ₹30 Crore Order from German Energy Firm
Rishabh Instruments' Polish subsidiary, Lumel SA, has secured a €3 million (approx. ₹30 Crores) order from a leading German energy sector company. This is a repeat order from the same client, reinforcing the company's strategic partnership and technical reliability in the European market. The contract involves the supply of advanced electronic devices for industrial automation through the end of 2027. This win follows recent manufacturing upgrades, including a new electronics assembly line commissioned in May 2025.
Key Highlights
Order value of €3 million (approx. ₹30 Crores) for industrial automation devices.
Repeat business from a major German energy company, following a June 2025 contract.
Contract execution timeline extends through the end of 2027.
Order leverages Lumel SA's modernized manufacturing facility and new assembly lines in Europe.
👀 What to Watch
The repeat order confirms Rishabh's competitive edge in the European energy sector; investors should maintain a positive outlook on its international growth. Monitor for similar high-margin international contract wins.
Rishabh Instruments Credit Rating Upgraded to BBB+/Stable by CRISIL
CRISIL Ratings has upgraded the credit ratings for Rishabh Instruments Limited's bank facilities totaling Rs. 16.3 crore. The long-term rating has been raised to 'CRISIL BBB+/Stable' from 'CRISIL BBB/Stable', and the short-term rating has improved to 'CRISIL A2' from 'CRISIL A3+'. This upgrade signifies an improved credit profile and a stronger outlook on the company's ability to meet its financial obligations. The rated facilities primarily involve working capital limits with the State Bank of India.
Key Highlights
Long-term rating upgraded to CRISIL BBB+/Stable from CRISIL BBB/Stable
Short-term rating upgraded to CRISIL A2 from CRISIL A3+
Total bank loan facilities rated amount to Rs. 16.3 crore
Major facility includes a Rs. 12 crore Cash Credit limit with State Bank of India
Ratings reflect CRISIL's opinion on the likelihood of timely payment of obligations
👀 What to Watch
The credit rating upgrade is a positive signal of the company's improving financial health and creditworthiness. Investors should monitor if this leads to reduced interest costs in future financial statements.
Rishabh Instruments Q3 FY26: 9M EBITDA Hits Full-Year Target; Guidance Raised to ₹115-120 Cr
Rishabh Instruments reported a strong 9M FY26 performance, with adjusted EBITDA reaching ₹100.9 crores, effectively meeting its initial full-year guidance in just nine months. Consequently, management has raised the FY26 EBITDA target to ₹115-120 crores, driven by a massive 1,375 bps expansion in standalone EBITDA margins to 26.3%. While consolidated revenue growth was modest at 1.3% for Q3, the core Electrical and Electronics Instrumentation segment grew 17.7% YoY. The company is also benefiting from structural tailwinds including the India-EU FTA and a reduction in US reciprocal tariffs to 18%.
Key Highlights
9M FY26 Adjusted EBITDA reached ₹100.9 crores, achieving the initial full-year target in just nine months.
Management raised FY26 Adjusted EBITDA guidance to a range of ₹115-₹120 crores.
Standalone EBITDA margins expanded by 1,375 bps YoY to 26.3%, resulting in a 110% YoY growth in PAT.
Electrical and Electronics Instrumentation (EEI) segment grew 17.7% YoY with healthy margins of 26.6%.
Nashik facility expansion is nearing completion and is expected to double the company's production capacity.
👀 What to Watch
Investors should take note of the significant margin expansion and the early achievement of EBITDA targets as signs of high operational efficiency. The stock warrants a positive outlook given the raised guidance and the upcoming doubling of capacity at the Nashik plant.
Rishabh Instruments Q3FY26 PAT Surges 161.5% YoY; EBITDA Margins Expand 920 Bps
Rishabh Instruments reported a strong Q3FY26 with consolidated PAT growing 161.5% YoY to ₹205.1 million, despite a modest revenue growth of 1.3%. The company witnessed significant margin expansion, with EBITDA margins jumping 920 bps to 17.1%, driven by operational efficiencies and a turnaround in the High Pressure Die Casting (HPDC) business. While the HPDC segment saw a planned revenue decline of 29.1% due to exiting loss-making contracts, its 9M EBITDA improved significantly to ₹64 million from a loss previously. The Electrical and Electronic Instruments (EEI) segment remains the primary growth driver, recording 17.7% revenue growth in Q3.
Key Highlights
Consolidated PAT for Q3FY26 grew by 161.5% YoY to ₹205.1 million
EBITDA margins expanded by 920 bps YoY to 17.1% in Q3FY26, driven by sourcing efficiencies
Electrical and Electronic Instruments (EEI) segment revenue grew 17.7% YoY to ₹1,388 million
HPDC business turned around with 9MFY26 EBITDA of ₹64 million vs a loss of ₹151 million in 9MFY25
Standalone PAT grew 110.8% YoY to ₹84.1 million with a PAT margin of 13.8%
👀 What to Watch
Investors should note the significant operational turnaround in the HPDC segment and the substantial margin expansion across the group. The company's ability to triple its 9-month PAT despite single-digit revenue growth indicates strong operational leverage and successful cost optimization.
Rishabh Instruments Reports Deviation in IPO Fund Utilization for Nashik Facility Expansion
Rishabh Instruments has disclosed a deviation in the utilization of its ₹750 million IPO proceeds for the quarter ended December 31, 2025. Following shareholder approval in September 2024, the company reallocated ₹300 million from the expansion of Nashik Manufacturing Facility I to a new Facility II. As of the reporting date, ₹224.31 million has been utilized for Facility I and ₹204.19 million for Facility II. The company has also utilized ₹77.20 million of the ₹79.20 million allocated for General Corporate Purposes.
Key Highlights
Total funds raised via Public Issue on September 11, 2023, amounted to ₹750 million.
Shareholders approved a reallocation of ₹300 million from Nashik Facility I to Nashik Facility II on September 13, 2024.
Utilization for Nashik Facility I stands at ₹224.31 million against a modified allocation of ₹321.80 million.
Utilization for Nashik Facility II stands at ₹204.19 million against an allocation of ₹300 million.
General Corporate Purpose funds are nearly exhausted with ₹77.20 million utilized out of ₹79.20 million.
👀 What to Watch
Investors should track the completion timelines of both Nashik facilities to ensure the reallocated capital translates into expected production capacity. The deviation is not a cause for alarm as it was previously approved by shareholders and reflects strategic adjustments.
Rishabh Instruments Q3 Standalone PAT Jumps 111% YoY to ₹84.1 Million
Rishabh Instruments reported a strong year-on-year performance for Q3 FY26, with standalone net profit more than doubling to ₹84.08 million from ₹39.85 million in the previous year. Revenue from operations saw a modest growth of 3% YoY, reaching ₹610.53 million. However, on a sequential basis, the company faced a decline in both revenue (down 7.5%) and PAT (down 33.5%) compared to Q2 FY26. The nine-month performance remains robust, with standalone PAT growing by 113% to ₹309.24 million.
Key Highlights
Standalone PAT for Q3 FY26 surged 111% YoY to ₹84.08 million compared to ₹39.85 million.
Revenue from operations grew 3.05% YoY to ₹610.53 million from ₹592.42 million.
9M FY26 Standalone PAT reached ₹309.24 million, a significant jump from ₹145.14 million in 9M FY25.
Total standalone expenses for the quarter decreased to ₹529.70 million from ₹570.21 million YoY.
Basic EPS for the quarter increased to ₹2.19 from ₹1.04 in the corresponding quarter of the previous year.
👀 What to Watch
Investors should note the significant margin expansion and year-on-year profit growth, which indicates improved operational efficiency. While the sequential dip in revenue and profit requires monitoring, the strong nine-month performance supports a positive outlook.
Rishabh Instruments Q3 Standalone PAT Jumps 111% YoY to ₹8.41 Crore
Rishabh Instruments reported a strong bottom-line performance for Q3 FY26, with standalone Profit After Tax (PAT) more than doubling to ₹8.41 crore from ₹3.99 crore in the previous year. While revenue growth was modest at 3% YoY reaching ₹61.05 crore, the company achieved significant margin expansion through effective cost management. Total standalone expenses decreased by approximately 7% YoY, primarily driven by lower material consumption costs. For the nine-month period ended December 31, 2025, standalone PAT surged 113% to ₹30.92 crore.
Key Highlights
Standalone PAT grew 111% YoY to ₹84.08 million from ₹39.85 million.
Standalone Revenue from operations increased 3.06% YoY to ₹610.53 million.
Total standalone expenses reduced to ₹529.70 million from ₹570.21 million in the year-ago quarter.
Standalone Basic EPS for the quarter rose to ₹2.19 compared to ₹1.04 in Q3 FY25.
9M FY26 standalone profit reached ₹309.24 million, a 113% increase over 9M FY25.
👀 What to Watch
The significant jump in profitability despite flat revenue suggests high operational leverage and improved efficiency. Investors should monitor if this margin expansion is sustainable in upcoming quarters.
Rishabh Instruments bags Euro €1 million (₹10 Crores) contract
Rishabh Instruments has secured a new contract with a leading Electrical Equipment Supplier in Europe. The contract is valued at Euro €1 million, which is approximately ₹10 Crores. This contract involves the supply of Low Voltage Current Transformers (CTs). Deliveries are scheduled to be equally distributed across FY26 and FY27, indicating a steady revenue stream for the company over the next two fiscal years.
Key Highlights
Contract valued at Euro €1 million
Contract value approximately ₹10 Crores
Supply of Low Voltage Current Transformers (CTs)
Deliveries scheduled equally across FY26 and FY27
👀 What to Watch
This new contract is a positive sign for Rishabh Instruments. Investors should monitor the company's progress in fulfilling this contract and its impact on future earnings.
Rishabh Instruments signs €1mn (~₹10 Cr) contract with leading European Company
Rishabh Instruments Limited has secured a contract worth Euro €1 million (approximately ₹10 Crores) from a prominent European electrical equipment supplier. The agreement involves the supply of customized Low Voltage Current Transformers (CTs), a segment where the company holds a leading global position. Revenue from this order will be realized through deliveries scheduled equally across the financial years 2025-26 (FY26) and 2026-27 (FY27). This win underscores the company's ability to provide engineered solutions for international markets and strengthens its footprint in Europe's energy landscape.
Key Highlights
Secured a contract valued at Euro €1 million (~₹10 Crores) for Low Voltage Current Transformers (CTs).
The contract is with a leading European electrical equipment supplier, following months of technical collaboration.
Deliveries are scheduled to be executed equally across FY26 and FY27, providing revenue visibility for the next two fiscal years.
The order involves customized solutions engineered to meet specific technical and operational requirements of the client.
Reinforces Rishabh's position as a global leader in the Low Voltage CT segment and its international growth strategy.
👀 What to Watch
Investors should monitor the company's execution capabilities and the potential for larger follow-on orders from this European partner. The steady expansion into international markets with customized, high-margin products is a positive indicator for long-term growth.
