Rishabh Instruments Ltd share price logo

Rishabh Instruments Ltd (RISHABH)

₹446.253.14%

bell
Get free price alerts. Set up your Free investment account to get Live Prices.
Overview
News
Financials
Q3 '23 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹434
    ₹453
  • 52 Week's Low

    52 Week's High

    ₹380
    ₹635.4
1 Month Return-0.79 %
3 Month Return-4.96 %
1 Year Return-2.37 %
Previous Close₹432.65
Open₹434.00
Volume83.81K
Upper Circuit-
Lower Circuit-
Market Cap₹1,653.54Cr

Key Statistics

P/E Ratio40.74
PEG Ratio-18.43
Market Cap₹1,653.54 Cr
P/B Ratio0
EPS0

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Quant Small Cap Fund Growth Option Direct PlanQuant Small Cap Fund Growth Option Direct Plan0.37%
Nippon India Small Cap Fund - Direct Plan - Growth PlanNippon India Small Cap Fund - Direct Plan - Growth Plan0.11%
HDFC Defence Fund Direct GrowthHDFC Defence Fund Direct Growth1.26%
Nippon India Flexi Cap Fund Direct GrowthNippon India Flexi Cap Fund Direct Growth0.15%
Bandhan Small Cap Fund Direct GrowthBandhan Small Cap Fund Direct Growth0.14%

Company Information

Rishabh Instruments Ltd. was incorporated as a Private Limited Company with the name Rishabh Instruments Private Limited under the Companies Act 1956 dated October 6 1982 granted by the ROC. Pursuant to conversion of the Company into Public Limited on September 8 2022 name of the Company was changed to Rishabh Instruments Limited and the RoC issued a fresh certificate of incorporation on September 22 2022. The Company is a global energy efficiency solution company focused on electrical automation metering and measurement precision engineered products with diverse applications across industries including power automotive and industrial sectors. The Company supply a wide range of electrical measurement and process optimization equipment and are vertically integrated player involved in designing developing manufacturing and supplying electrical automation devices metering control and protection devices portable test and measuring instruments and solar string inverters. In addition it manufacture and supply aluminium high pressure die casting through Subsidiary Lumel Alucast. It also provide certain manufacturing services which include mould design and manufacturing EMI/EMC testing services Electronic Manufacturing Services and software solutions e.g. MARC.Electrical automation products include energy management software transducers and isolators paperless recorders chartless and dataloggers temperature and humidity recorders I/O converters and temperature controllers among others. Their metering control and protection devices consist of analog panel meters rotary cam switches current transformers shunts digital panel meters multifunction meters multiload monitoring meters power quality meters power quality analyzers power factor controllers LV and MV relays genset controllers synchronizing units power supply and battery chargers among others. Under portable test and measuring instruments portfolio the Company manufacture various categories of digital multimeters digital clamp meters digital insulation testers digital earth testers and environmental products such as ultrasonic level/thickness meter digital luxmeter noncontact tachometers DB meter submarine cable fault locator among others. Apart from these it also manufacture solar string inverters in India designed for use in photovoltaic installations connected to the grid. In terms of aluminium high pressure die castings we serve global automation automotive and other industries with our inhouse designed tools which include die casting moulds and CNC fixtures and various post casting processes such as high precision machining surface treatment and heat treatment. The Company provide complete aluminium 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. The Company is diversified in terms of end users of products serving industrial FMCG pharmaceutical cement steel railways power generation transmission and distribution renewable energy oil and gas OEM industries transformer motor cable and special machine manufacturers and new applications data centre laboratories semiconductors consumer electronics and building automation.The Company was founded in 1982 by Narendra Joharimal Goliya who is the Promoter.In 1983 the Company entered into an agreement for technical assistance with a Germany based company.In 1993 it entered into a distributorship agreement with Larsen Toubro Limited.In 1997 it entered into an agreement for technical assistance with M/s Gossen Metrawatt GmbH.In 1998 the Company increased Manufacturing Facility I at Nashik.In 2002 it entered into a technology transfer agreement with a Germany based company.In 2008 it entered into an agreement with a company based out of United Kingdom for production of audio / video recording equipments.The Company acquired Lubuskie Zaklady Aparatw Elektrycznych Lumel Splka akcyjna in Fiscal 2012. Lumel supplied aluminium die casting to the automotive industry. In 2016 it entered into an intellectual property agreement with an Italy based company wherein it assigned intellectual property rights in respect of APV centralised inverters APV cabinets APVS string inverters and string boxes.In 2020 Lumel SA built a manufacturing facility for electronics manufacturing and further acquired a division of product from Relpol S.A.In 2021 the Company received MSIPs approval from the Government of India.The Company has filed Draft Prospectus and is planning to raise capital from Public by raising Rs.75 crores through Fresh Issue and 9417500 Equity Shares through Offer For Sale..

Share Price: ₹446.25 per share as on 11 Jul, 2024 04:01 PM
Market Capitalisation: ₹1,653.54Cr as of today
Revenue: ₹177.91Cr as on March 2024 (Q1 24)
Net Profit: ₹2.32Cr as on March 2024 (Q1 24)
Listing date: 11 Sep, 2023
Chairperson Name: Narendra Joharimal Goliya
OrganisationRishabh Instruments Ltd
HeadquartersNashik
IndustryCapital Goods - Electrical Equipment
E-voting on sharesClick here to vote

Key events for Rishabh Instruments Ltd

  • Rishabh Instruments Q4 FY24 Net Profit Slumps 83.88% - 30 May, 2024

    Rishabh Instruments' consolidated net profit slumped 83.88% to Rs 2.40 crore in Q4 FY24, while revenue from operations rose marginally to Rs 177.91 crore. On a full-year basis, the company reported a 15.29% decline in consolidated net profit to Rs 39.66 crore on a 21.11% increase in revenue to Rs 689.75 crore in FY24 over FY23.

Insights on Rishabh Instruments Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 11.10% to 12.50% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 1.66% to 2.10% in Dec 2023 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 70.68% of holdings in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, RISHABH stock has moved down by -19.0%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 21.7 Cr → 7.61 Cr (in ₹), with an average decrease of 64.9% per quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 14.95% to 13.63% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 181.69 Cr → 163.09 Cr (in ₹), with an average decrease of 10.2% per quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹177.91Cr
↑11.68%
Net Income
₹2.32Cr
↓68.18%
Net Profit Margin
1.30%
↓71.62%
2023Y/Y Change
Revenue
₹569.54Cr
↑21.11%
Net Income
₹49.69Cr
↑0.08%
Net Profit Margin
8.72%
↓17.42%
Value in ₹ crore
2022Y/Y Change
Total Assets
₹280.79Cr
↑8.78%
Total Liabilities
₹64.13Cr
↑23.85%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
-
↓100.00%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
70.25%
0.00
Foreign Institutions
0.3%
0.00
Mutual Funds
13.18%
0.00
Retail Investors
14.88%
0.00
Others
1.39%
0.00

Key Indicators

Rishabh Instruments Ltd Valuation

Rishabh Instruments Ltd in the last 5 years

  • Overview

  • Trends

Lowest (27.51x)

October 25, 2023

Today (40.74x)

July 10, 2024

Industry (174.03x)

July 10, 2024

Highest (46.29x)

May 18, 2024

LowHigh

Earnings and Dividends

  • Rishabh Instruments Ltd Earnings Results

    Rishabh Instruments Ltd’s net profit fell -83.88% since last year same period to ₹2.40Cr in the Q4 2023-2024. On a quarterly growth basis, Rishabh Instruments Ltd has generated -68.46% fall in its net profits since last 3-months.

    Read More about Earnings Results

Technicals Summary

Bearish

Neutral

Bullish

Neutral

Rishabh Instruments Ltd is currently in a Neutral trading position according to technical analysis indicators.

Frequently Asked Questions

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Rishabh Instruments Ltd shares.

Rishabh Instruments Ltd (RISHABH) share price today is ₹446.25

Rishabh Instruments Ltd is listed on NSE

Rishabh Instruments Ltd is listed on BSE

  • Today’s highest price of Rishabh Instruments Ltd is ₹453.
  • Today’s lowest price of Rishabh Instruments Ltd is ₹434.

PE Ratio of Rishabh Instruments Ltd is 40.74

PE ratio = Rishabh Instruments Ltd Market price per share / Rishabh Instruments Ltd Earnings per share

Today’s traded volume of Rishabh Instruments Ltd(RISHABH) is 83.81K.

Today’s market capitalisation of Rishabh Instruments Ltd(RISHABH) is ₹1653.54Cr.

Rishabh Instruments Ltd(RISHABHPrice
52 Week High
₹635.4
52 Week Low
₹380

Rishabh Instruments Ltd(RISHABH) share price is ₹446.25. It is down -29.77% from its 52 Week High price of ₹635.4

Rishabh Instruments Ltd(RISHABH) share price is ₹446.25. It is up 17.43% from its 52 Week Low price of ₹380

Rishabh Instruments Ltd(RISHABHReturns
1 Day Returns
13.6%
1 Month Returns
-0.79%
3 Month Returns
-4.96%
1 Year Returns
-2.37%