Rishabh Instruments Ltd (RISHABH) — shareholding pattern, promoter holding, financials and share price
About Rishabh Instruments Ltd (RISHABH)
Rishabh Instruments Ltd operates in the Other Electrical Equipment industry, within the Capital Goods sector. It trades on the NSE as RISHABH and on the BSE under scrip code 543977. Its ISIN is INE0N2P01017.
Rishabh Instruments limited, with an experience of nearly three decades is an organization that has built its core competence in manufacturing, design and development of Test and Measuring Instruments and Industrial Control Products on strong fundamentals; in terms of people, infrastructure and financials. The company provides a hands-on, value driven, professional environment considering people its most important asset. [1]
Rishabh Instruments Limited designs, develops and manufactures global energy-efficiency solutions across electrical automation, metering, measuring instruments, solar string inverters and aluminium high-pressure die castings, operating through five manufacturing sites in India, Poland and China, with software and modification centres in Czech Republic, UK and US to serve 100+ countries and over 3,000 global customers.
Margin recovery has been dramatic and sustained: consolidated gross margins expanded to 63.5% (9MFY26) and consolidated EBITDA margin improved to 16.3% from 6.1% last year, driven by sourcing efficiencies, product mix shift toward higher margin EEI, automation and a successful turnaround at Lumel Alucast, delivering PAT growth of +318% for 9MFY26.
Listed peers in Other Electrical Equipment: Bharat Bijlee Ltd, Yash Highvoltage Ltd, Modern Insulators Ltd, Advait Energy Transitions Limited, Marsons Ltd.
Valuation & Returns
10 Jul 2026At ₹663.3 a share on 10 Jul 2026, Rishabh Instruments Ltd (RISHABH) was valued at a price-to-earnings ratio of 31.15x against an industry P/E of 52.37x and a price-to-book of 4.19x on a book value of ₹158.26 per share as of Mar 2025. Solomo computes return on equity of 13.45% and return on capital employed of 15.72% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 31.15x
- Industry P/E
- 52.37x
- P/B
- 4.19x
- EPS (TTM)
- ₹21.29
- Book value / share
- ₹158.26
- ROE
- 13.45%
- ROCE
- 15.72%
- ROA
- 9.28%
- Debt / equity
- 0.16x
- Dividend yield
- 0.3%
- EBITDA margin
- 18.98%
- 52-week range
- ₹272.95 – ₹693.35
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Rishabh Instruments Ltd (RISHABH) reported revenue of ₹775 crore, net profit of ₹82 crore and earnings per share of ₹21.15. That compares with revenue of ₹720 crore and net profit of ₹21 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹205 crore and net profit ₹20 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 470 | 570 | 690 | 720 | 775 |
| Net profit (₹ cr) | 50 | 50 | 40 | 21 | 82 |
| EPS (₹) | 32.18 | 16.01 | 10.38 | 5.83 | 21.15 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 11.70% | 16.34% | 4.43% |
| Profit growth | 13.36% | 31.51% | -46.83% |
| Stock price CAGR | - | - | 120% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 69.4% of Rishabh Instruments Ltd (RISHABH) (down 0.15 pp QoQ), foreign institutional investors (FII) hold 1.18% and domestic institutional investors (DII) hold 11.21%. Market capitalisation was ₹2,562 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2023.
Largest disclosed public shareholders in Jun 2026: QUANT MUTUAL FUND - QUANT SMALL CAP FUND 4.91%, NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMA 3.49%, ZAKI ABBAS NASSER 1.64%, SHARMIN NASSER 1.49%, PERSISTENCE CAPITAL FUND I 1.09%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 69.4% | - | 1.18% | 11.21% | 30.6% |
| Mar 2026 | 69.55% | - | 0.1% | 11.73% | 30.45% |
| Dec 2025 | 69.67% | - | 0.24% | 12.57% | 30.33% |
| Sep 2025 | 69.81% | - | 0.35% | 12.01% | 30.19% |
| Jun 2025 | 69.81% | - | 0.05% | 12.42% | 30.19% |
| Mar 2025 | 70.15% | - | 0.17% | 13.09% | 29.85% |
| Dec 2024 | 70.16% | - | 0.11% | 13.45% | 29.84% |
| Sep 2024 | 70.16% | - | 0.12% | 13.2% | 29.84% |