Market Cap ₹1849 Cr.
Stock P/E 30.1
P/B 3.5
Current Price ₹483.9
Book Value ₹ 137.6
Face Value 10
52W High ₹635
Dividend Yield 0%
52W Low ₹ 403.1
Rishabh Instruments Ltd is a reputable and innovative company specializing in the manufacturing and distribution of precision measurement and control instruments. With a history dating back several decades, the company has established itself as a global leader in the field of electrical and electronic instrumentation. Rishabh Instruments offers a diverse range of high-quality products, including multimeters, panel meters, energy meters, and temperature controllers, catering to various industries such as energy, manufacturing, and automation. Known for its commitment to cutting-edge technology, Rishabh Instruments consistently introduces advanced solutions that meet the evolving demands of its clientele. Their products are recognized for their accuracy, reliability, and durability. The company's dedication to customer satisfaction, adherence to international quality standards, and a widespread distribution network have contributed to their worldwide success and reputation as an industry frontrunner.
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Jun 2022 | Sep 2022 | Dec 2022 | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|---|---|---|
| Net Sales | 125 | 137 | 134 | 172 | 180 | 159 |
| Other Income | 3 | 1 | 4 | 4 | 2 | 4 |
| Total Income | 127 | 138 | 138 | 177 | 182 | 163 |
| Total Expenditure | 107 | 122 | 115 | 156 | 148 | 155 |
| Operating Profit | 20 | 15 | 23 | 21 | 33 | 9 |
| Interest | 1 | 1 | 2 | 2 | 1 | 1 |
| Depreciation | 6 | 6 | 2 | 7 | 7 | 5 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 14 | 9 | 19 | 11 | 25 | 3 |
| Provision for Tax | 3 | 3 | 1 | 3 | 3 | -4 |
| Profit After Tax | 11 | 6 | 18 | 8 | 22 | 7 |
| Adjustments | -0 | -1 | -1 | -0 | -1 | 0 |
| Profit After Adjustments | 11 | 5 | 16 | 8 | 22 | 8 |
| Adjusted Earnings Per Share | 1.8 | 1.7 | 5.6 | 2.7 | 5.7 | 2 |
| #(Fig in Cr.) | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
|---|---|---|---|---|---|
| Net Sales | 401 | 390 | 470 | 570 | 645 |
| Other Income | 9 | 13 | 10 | 10 | 14 |
| Total Income | 409 | 402 | 480 | 580 | 660 |
| Total Expenditure | 341 | 332 | 397 | 493 | 574 |
| Operating Profit | 69 | 70 | 83 | 87 | 86 |
| Interest | 4 | 4 | 4 | 6 | 6 |
| Depreciation | 24 | 21 | 20 | 20 | 21 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 40 | 46 | 59 | 61 | 58 |
| Provision for Tax | 9 | 10 | 10 | 11 | 3 |
| Profit After Tax | 32 | 36 | 50 | 50 | 55 |
| Adjustments | -1 | -1 | -3 | -3 | -2 |
| Profit After Adjustments | 30 | 35 | 47 | 47 | 54 |
| Adjusted Earnings Per Share | 10.4 | 11.9 | 16.1 | 16 | 16 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 21% | 12% | 0% | 0% |
| Operating Profit CAGR | 5% | 8% | 0% | 0% |
| PAT CAGR | 0% | 16% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | NA% | NA% | NA% | NA% |
| ROE Average | 14% | 14% | 14% | 14% |
| ROCE Average | 14% | 14% | 14% | 14% |
| #(Fig in Cr.) | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|
| Shareholder's Funds | 284 | 299 | 340 | 401 |
| Minority's Interest | 1 | 3 | 6 | 8 |
| Borrowings | 32 | 45 | 34 | 26 |
| Other Non-Current Liabilities | 24 | 18 | 12 | 12 |
| Total Current Liabilities | 147 | 145 | 171 | 201 |
| Total Liabilities | 488 | 510 | 562 | 647 |
| Fixed Assets | 181 | 224 | 220 | 219 |
| Other Non-Current Assets | 34 | 6 | 10 | 18 |
| Total Current Assets | 274 | 280 | 333 | 410 |
| Total Assets | 488 | 510 | 562 | 647 |
| #(Fig in Cr.) | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 13 | 43 | 54 | 46 |
| Cash Flow from Operating Activities | 72 | 53 | 13 | 28 |
| Cash Flow from Investing Activities | -63 | -21 | -11 | -3 |
| Cash Flow from Financing Activities | 21 | -23 | -7 | -5 |
| Net Cash Inflow / Outflow | 29 | 9 | -5 | 20 |
| Closing Cash & Cash Equivalent | 43 | 54 | 46 | 67 |
| # | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|
| Earnings Per Share (Rs) | 10.39 | 11.87 | 16.09 | 16.01 |
| CEPS(Rs) | 19 | 19.5 | 23.81 | 23.98 |
| DPS(Rs) | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 92.25 | 98.21 | 112.3 | 130.27 |
| Core EBITDA Margin(%) | 15 | 14.85 | 15.62 | 13.44 |
| EBIT Margin(%) | 11.17 | 12.67 | 13.43 | 11.65 |
| Pre Tax Margin(%) | 10.06 | 11.74 | 12.6 | 10.66 |
| PAT Margin (%) | 7.87 | 9.22 | 10.56 | 8.72 |
| Cash Profit Margin (%) | 13.87 | 14.62 | 14.81 | 12.32 |
| ROA(%) | 6.46 | 7.2 | 9.26 | 8.22 |
| ROE(%) | 11.69 | 12.9 | 16.13 | 14.01 |
| ROCE(%) | 12.24 | 13.05 | 15.25 | 14.1 |
| Receivable days | 55.72 | 60.6 | 57.55 | 64.37 |
| Inventory Days | 66.83 | 71.5 | 80.66 | 90.34 |
| Payable days | 115.75 | 133.09 | 120.29 | 107.28 |
| PER(x) | 0 | 0 | 0 | 0 |
| Price/Book(x) | 0 | 0 | 0 | 0 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | -0.02 | -0 | 0.04 | 0.06 |
| EV/Core EBITDA(x) | -0.12 | -0.01 | 0.2 | 0.42 |
| Net Sales Growth(%) | 0 | -2.68 | 20.59 | 21.11 |
| EBIT Growth(%) | 0 | 10.31 | 27.82 | 5.09 |
| PAT Growth(%) | 0 | 13.93 | 38.15 | 0.07 |
| EPS Growth(%) | 0 | 14.27 | 35.52 | -0.52 |
| Debt/Equity(x) | 0.29 | 0.31 | 0.28 | 0.26 |
| Current Ratio(x) | 1.86 | 1.93 | 1.95 | 2.04 |
| Quick Ratio(x) | 1.36 | 1.38 | 1.19 | 1.28 |
| Interest Cover(x) | 10.05 | 13.73 | 16.21 | 11.78 |
| Total Debt/Mcap(x) | 0 | 0 | 0 | 0 |
| # | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|
| Promoter | 70.68 | 70.68 | 70.25 |
| FII | 1.66 | 2.1 | 0.3 |
| DII | 16.56 | 14.71 | 14.57 |
| Public | 11.1 | 12.5 | 14.88 |
| Others | 0 | 0 | 0 |
| Total | 100 | 100 | 100 |
| # | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|
| Promoter | 2.68 | 2.68 | 2.68 |
| FII | 0.06 | 0.08 | 0.01 |
| DII | 0.63 | 0.56 | 0.56 |
| Public | 0.42 | 0.47 | 0.57 |
| Others | 0 | 0 | 0 |
| Total | 3.8 | 3.8 | 3.82 |
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