Rishabh Instrum.

Market Cap: Micro Cap
Industry: Capital Goods
ISIN: INE0N2P01017
NSEID: RISHABH
BSEID: 543977

INR

222.95

6.3 (2.91%)

BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 19.3 k

Click here to access the older version

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

19.3 k (-24.69%) Volume

Shareholding (Sep 2024)

FII

0.12%

Held by 6 FIIs

DII

13.20%

Held by 14 DIIs

Promoter

70.16%

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Poor Management Efficiency with a low ROE of 3.04%

The company has been able to generate a Return on Equity (avg) of 3.04% signifying low profitability per unit of shareholders funds

Poor long term growth as Operating profit has grown by an annual rate -21.67% of over the last 5 years

Flat results in Dec 24

Stock is technically in a Mildly Bearish range

With ROE of 3, it has a Very Expensive valuation with a 1.4 Price to Book Value

Underperformed the market in the last 1 year

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Capital Goods

Market cap

INR 852 Cr (Micro Cap)

P/E

44.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

-0.14

Return on Equity

3.04%

Price to Book

1.42

Revenue and Profits (1 Year):

Net Sales:

181 Cr

(Quarterly Results - Dec 2024)

Net Profit:

8 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

6 Months

-39.86%

1 Year

-51.02%

2 Years

0.0%

3 Years

0.0%

4 Years

0.0%

5 Years

0.0%

Rishabh Instrum. for the last several years.

Risk Adjusted Returns v/s Sensex

Returns Beta

Beta has not been calculated since enough price history is not available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

21.10%

EBIT Growth (5y)

-21.67%

EBIT to Interest (avg)

7.78

Debt to EBITDA (avg)

1.16

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

1.02

Tax Ratio

46.22%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

13.56%

ROCE (avg)

21.81%

ROE (avg)

3.04%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.42

EV to EBIT

33.63

EV to EBITDA

14.82

EV to Capital Employed

1.48

EV to Sales

1.05

PEG Ratio

Dividend Yield

ROCE (Latest)

2.97%

ROE (Latest)

3.04%

Tecnicals key factors

Indicator

Weekly

Monthly

MACD

Bearish

RSI

No Signal

Bollinger Bands

Bearish

Sideways

Moving Averages

Bearish (Daily)

KST

Bearish

Dow Theory

Mildly Bullish

No Trend

OBV

Mildly Bullish

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Sep 2024

Shareholding Compare (%holding)

Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 5 Schemes (13.2%)

FIIs

Held by 6 FIIs (0.12%)

Promoter with highest holding

Narendra Joharimal Goliya Jointly With Asha Narendra Goliya (42.55%)

Highest Public shareholder

Quant Mutual Fund - Quant Small Cap Fund (4.96%)

Individual Investors Holdings

13.64%

Financial

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    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
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        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -0.64% vs 7.68% in Sep 2024",
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        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 105.08% vs 13.46% in Sep 2024",
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        "Dec'24",
        "Sep'24",
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          "val2": "182.36",
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          "val2": "10.41",
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          "field": "Interest",
          "val1": "1.35",
          "val2": "1.70",
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          "field": "Exceptional Items",
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          "val2": "0.00",
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          "chgp_class": "neutral"
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        {
          "field": "Consolidate Net Profit",
          "val1": "8.47",
          "val2": "4.13",
          "chgp": "105.08%",
          "chgp_class": "positive"
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        {
          "field": "Operating Profit Margin (Excl OI)",
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          "val2": "5.71%",
          "chgp": "2.18%",
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  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -0.24% vs 35.00% in Sep 2023",
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        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -73.79% vs 91.54% in Sep 2023",
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      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
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          "field": "Net Sales",
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          "val2": "352.53",
          "chgp": "-0.24%",
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          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "17.96",
          "val2": "48.34",
          "chgp": "-62.85%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "2.51",
          "val2": "3.33",
          "chgp": "-24.62%",
          "chgp_class": "positive"
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        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
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          "field": "Consolidate Net Profit",
          "val1": "7.77",
          "val2": "29.65",
          "chgp": "-73.79%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "5.11%",
          "val2": "13.71%",
          "chgp": "-8.60%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 4.11% vs 29.56% in Dec 2023",
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        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -56.41% vs 16.73% in Dec 2023",
        "dir": -1
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    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
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      "body": [
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          "val2": "511.84",
          "chgp": "4.11%",
          "chgp_class": "positive"
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        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "32.26",
          "val2": "53.12",
          "chgp": "-39.27%",
          "chgp_class": "negative"
        },
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          "field": "Interest",
          "val1": "3.86",
          "val2": "3.94",
          "chgp": "-2.03%",
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          "val2": "0.00",
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          "chgp_class": "neutral"
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          "val1": "16.24",
          "val2": "37.26",
          "chgp": "-56.41%",
          "chgp_class": "negative"
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        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.05%",
          "val2": "10.38%",
          "chgp": "-4.33%",
          "chgp_class": "negative"
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    "link": "annual",
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        "suffix": "YoY Growth in year ended Mar 2024 is 14.59% vs 29.01% in Mar 2023",
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        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 73.34% vs 81.71% in Mar 2023",
        "dir": -1
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        "Mar'24",
        "Mar'23",
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          "val2": "31.31",
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          "field": "Interest",
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Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ

Dec'24

Sep'24

Change(%)

Net Sales

181.19

182.36

-0.64%

Operating Profit (PBDIT) excl Other Income

14.30

10.41

37.37%

Interest

1.35

1.70

-20.59%

Exceptional Items

0.00

Consolidate Net Profit

8.47

4.13

105.08%

Operating Profit Margin (Excl OI)

7.89%

5.71%

2.18%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Dec 2024 is -0.64% vs 7.68% in Sep 2024

Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is 105.08% vs 13.46% in Sep 2024

All Quarterly Results

Half Yearly Results Snapshot (Consolidated) - Sep'24

Sep'24

Sep'23

Change(%)

Net Sales

351.70

352.53

-0.24%

Operating Profit (PBDIT) excl Other Income

17.96

48.34

-62.85%

Interest

2.51

3.33

-24.62%

Exceptional Items

0.00

Consolidate Net Profit

7.77

29.65

-73.79%

Operating Profit Margin (Excl OI)

5.11%

13.71%

-8.60%

Values in Rs Cr.

Compare with Peers

Net Sales

Growth in half year ended Sep 2024 is -0.24% vs 35.00% in Sep 2023

Consolidated Net Profit

Growth in half year ended Sep 2024 is -73.79% vs 91.54% in Sep 2023

All Half Yearly Results

Nine Monthly Results Snapshot (Consolidated) - Dec'24

Dec'24

Dec'23

Change(%)

Net Sales

532.89

511.84

4.11%

Operating Profit (PBDIT) excl Other Income

32.26

53.12

-39.27%

Interest

3.86

3.94

-2.03%

Exceptional Items

0.00

Consolidate Net Profit

16.24

37.26

-56.41%

Operating Profit Margin (Excl OI)

6.05%

10.38%

-4.33%

Values in Rs Cr.

Compare with Peers

Net Sales

YoY Growth in nine months ended Dec 2024 is 4.11% vs 29.56% in Dec 2023

Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is -56.41% vs 16.73% in Dec 2023

All Nine Monthly Results

Annual Results Snapshot (Standalone) - Mar'24

Mar'24

Mar'23

Change(%)

Net Sales

224.57

195.98

14.59%

Operating Profit (PBDIT) excl Other Income

45.56

31.31

45.51%

Interest

0.67

2.53

-73.52%

Exceptional Items

0.00

Standalone Net Profit

32.38

18.68

73.34%

Operating Profit Margin (Excl OI)

20.29%

15.98%

4.31%

Values in Rs Cr.

Compare with Peers

Net Sales

YoY Growth in year ended Mar 2024 is 14.59% vs 29.01% in Mar 2023

Standalone Net Profit

YoY Growth in year ended Mar 2024 is 73.34% vs 81.71% in Mar 2023

All Annual Results

Company CV

About Rishabh Instruments Ltd

Rishabh Instruments Ltd

Micro Cap

Capital Goods

Rishabh Instruments Limited 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. On conversion of the Company into Public Limited on September 8, 2022, name was changed to "Rishabh Instruments Limited" and the RoC issued a fresh Certificate of Incorporation on September 22, 2022.

Company Coordinates

No Company Details Available