RISHABHBSERishabh Instruments LtdMediumNeutral
Announced Sun, 24 May · 09:36 IST

As per Attachment

Mgmt Guided Margin ImprovementAnalyst Day Multiyear TargetsInvestor Communications View source PDF

RISHABH · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+2.8%1-day move
₹515.20
prior close
₹524.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-0.3+2.8+1.9+2.8+6.4+2.5-5.2+0.9-0.0+6.8+11.0+22.2
Up moveDown movePending
AI summary

Rishabh Instruments reported strong FY26 results with consolidated EBITDA of INR 126.4 crores, up 161% YoY, with margins expanding 960 bps to 16.3%. The standalone business delivered EBITDA of INR 604 million with 72.6% growth and margin improvement of 800 bps to 22.6%. Gross margins improved to 54% from 48.6% due to better product mix and procurement. The Poland electronics business (Lumel SA) contributed 51% of group PAT with 23% EBITDA margins, while the die casting business (Alucast) turned EBITDA positive at INR 33 million from a loss of INR 150 million last year. Management announced a 20% dividend and guided for 20-25% revenue growth in EEI segment with 20-22% EBITDA margins for FY27, targeting INR 100 crores from U.S. operations in 3-4 years and INR 24-25 crores from solar inverters in FY27.

Likely market impact

The substantial margin expansion and clear multi-year guidance of 20-25% growth with 20-22% EBITDA margins signals strong execution capability and operational leverage, which should be positive for the stock. The Alucast turnaround and new Nashik facility commissioning further strengthen the growth roadmap.