R

Rishabh Instruments Limited

RISHABH
Market snapshot · 2026-08-10 19:52 UTC

671.90

+₹32.70 (+5.12%)

MARKET CAP

₹2.60K Cr

STOCK P/E

31.9x

52W HIGH

₹692.80

52W LOW

₹281.85

BOOK VALUE

₹193.28

EPS

₹21.09

ROE

12.07%

SECTOR

Industrials

DEBT/EQUITY

10.75

VOLUME

4.82L

P/B RATIO

3.48x

PEG RATIO

0.14

Sector

Industrials

Themes

Electrical Components & Equipments
D
Dividend
₹660.01₹578.17₹496.33₹414.48₹332.64VolumeDAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Valuation Metrics

Trading 53.9% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +2.18). Confidence: 75%.

Live forward EPS implies next-12-month EPS of ₹31.50. Applying the stock's normalized valuation corridor produces a fair range of ₹507.78 to ₹710.01, with base value near ₹620.55 (-7.6% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Inside normalized range

Forward EPS

₹31.50

Forward P/E

21.3x

Base Fair Value

₹620.55

Fair Range

₹507.78 - ₹710.01

Upside To Base

-7.6%

Estimate Source

Live forward EPS

Growth Estimate

+217.0%

P/E
Strongly Overvalued

5Y Average

19.75

Current

30.31

Overvalued

22.54

Undervalued

16.12

P/S
Strongly Overvalued

5Y Average

2.08

Current

3.35

Overvalued

2.39

Undervalued

1.76

EV/EBITDA
Strongly Overvalued

5Y Average

12.12

Current

19.55

Overvalued

13.80

Undervalued

10.20

Peers & Comparison

Sector: Industrials · Theme: Electrical Components & Equipments

Electrical Components & Equipments Peers4 peers
Avg P/E: 54.5x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
KSH INTERNATIONAL LIMITED
KSHINTLElectrical Components & Equipments
+100.5%3.5%
49.1x
Fair
-10% vs avg
+153.5%
ATLANTA ELECTRICALS LTD
ATLANTAELEElectrical Components & Equipments
+48.0%10.9%
55.0x
Fair
+1% vs avg
+95.2%
OLECTRA GREENTECH LIMITED
OLECTRAElectrical Components & Equipments
+43.3%2.0%
63.3x
Premium
+16% vs avg
-2.4%
PRECISION WIRES INDIA LTD
PRECWIREElectrical Components & Equipments
+67.1%2.9%
50.6x
Fair
-7% vs avg
+138.7%
WHY THESE PEERS

RISHABH INSTRUMENTS LTD trades at a discount (31.9x vs peer avg 54.5x), suggesting potential undervaluation relative to the Electrical Components & Equipments cohort. Peers include KSH INTERNATIONAL LIMITED, ATLANTA ELECTRICALS LTD, OLECTRA GREENTECH LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹61 CrDec 2025

Latest net profit

₹8.41 CrDec 2025

Latest EPS

₹2.19Dec 2025

Net margin

13.4%Dec 2025

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.0%5.0%10.0%15.0%20.0%0.00 Cr20 Cr40 Cr60 Cr80 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.00 Cr20 Cr40 Cr60 Cr80 Cr₹0₹1₹2₹3₹3
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOperatingprofitOther incomeInterestProfitbefore taxTax & otherNet Profit0.00 Cr20 Cr40 Cr60 Cr80 Cr

Latest reported period: Dec 2025

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
20212022202320242025-45 Cr0.00 Cr45 Cr90 Cr135 Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales61.9356.862.8945.8159.0852.6958.8759.2468.3961.7866.0161.05
Expenses51.8743.3348.340.546.8646.6349.8653.3454.3747.5148.848.19
Operating Profit7.7611.712.33.038.573.555.982.39.9210.2613.058.18
OPM %12.53%20.6%19.56%6.61%14.51%6.74%10.16%3.88%14.51%16.61%19.77%13.4%
Other Income1.510.591.41.32.742.082.853.171.823.213.892.99
Interest0.750.160.230.280.010.050.140.080.010.10.090.09
Depreciation2.31.772.292.283.652.513.033.64.14.014.164.68
Profit before tax8.5212.1313.474.0511.35.588.695.3911.7313.3716.8511.08
Tax %23%25.39%24.57%-89.88%62.57%33.51%21.52%25.97%24.47%26.1%28.01%24.1%
Net Profit6.569.0510.167.694.233.716.823.998.869.8812.138.41
EPS in Rs1.802.482.732.361.110.971.781.042.322.573.292.19

All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters70.15%69.81%69.81%69.67%69.55%
FII0.17%0.05%0.35%0.24%0.10%
DII13.09%12.42%12.01%12.57%11.72%
Public13.79%14.12%14.39%14.42%15.36%
Others2.80%3.60%3.44%3.10%3.27%
Mar 2026
Promoters
FII
DII
Public
Others