Rishabh Instruments Limited has informed the Exchange about Transcript
RISHABH · price
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Rishabh Instruments reported a strong Q1 FY26 with consolidated revenue growing 12.4% YoY to INR 1,903 million and adjusted EBITDA margin expanding sharply by 950 bps to 15.9%. Consolidated PAT surged 510% YoY to INR 196 million. Standalone India business posted 17.3% revenue growth to INR 618 million with adjusted EBITDA margin of 24.5%, up from 14.4%, and PAT up 166% to INR 99 million. The Lumel Alucast die-casting business returned to profitability with 10.2% EBITDA margin after several loss-making quarters, aided by contract renegotiations and exit from low-margin EV orders. The company secured a EUR 5 million multiyear contract with a German energy-sector customer and commissioned a new SMT line in India. Management reorganized reporting into two segments: Electrical & Electronic Instrumentation (EEI) and High-Pressure Die Casting (HPDC).
Strong quarter with broad-based margin expansion, debt-free balance sheet (INR 864 million net cash), and visible turnaround in the loss-making die-casting unit are positive signals for shareholders. Management's confidence in sustaining standalone 20%+ EBITDA margins and the new European contract win support a constructive near-term outlook, though near-term volatility in the die-casting top line is possible.