Rishabh Instruments Limited (RISHABH) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): 14.67K
• Price to Earnings (P/E): 38.7
• Beta (1Y): 1.47
• Revenue Growth: 7.97%
• EPS Growth: 7.32%
• Country: IN
• Employees: 1,418
• Sector: Industrials
• Sector Strength: 72
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 5.13
• Shares Outstanding: 38,409,424
• 10 Day Avg. Volume: 4,945
• 30 Day Avg. Volume: 14,671
• PEG Ratio: -0.97
• Price to Book (P/B): 1.60
• Price to Sales (P/S): 1.36
• P/FCF Ratio: -92.32
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹459.00
• Price Target Upside: 22.42% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 63 Neutral
• Price Target: ₹459.00 ▲(22.42% Upside)

Rishabh Instruments Limited demonstrates strong financial stability and market momentum, but faces challenges with profitability and valuation. The overbought technical indicators and high P/E ratio suggest caution in the short term, while the lack of dividend yield may deter income investors.

Rishabh Instruments Limited Business Overview & Revenue Model

Company Description

Rishabh Instruments Limited engages in the design, development, manufacture, and sale of electrical measurement and process optimization equipment in Asia, the United States, Poland, other European countries, and internationally. It offers analog panel meters, shunts, multifunction meters, isolators, paperless recorders, digital multimeters, energy management systems, and synchronizing units. The company also provides protector relays, CAM switches, battery chargers, power quality devices, temperature controllers, clamp meters, genset controllers, and accessories. In addition, it offers current transformers, digital panel meters, transducers, power supply products, I/O's and converters, insulation testers, and earth testers. The company was formerly known as Rishabh Instruments Private Limited and changed its name to Rishabh Instruments Limited in September 2022. Rishabh Instruments Limited was incorporated in 1982 and is headquartered in Nashik, India.

How the Company Makes Money

Rishabh Instruments Limited generates revenue through the sale of its measurement and testing instruments, which are essential for various industrial applications. The company's key revenue streams include direct sales of products to industrial clients, partnerships with distributors and resellers, and exports to international markets. Additionally, RISHABH may engage in service contracts and maintenance agreements, providing ongoing support to its customers. Strategic partnerships with technology providers and adherence to industry standards further enhance the company's market position and revenue potential.

Rishabh Instruments Limited Financial Statement Overview

Summary

Rishabh Instruments Limited shows solid revenue growth and a healthy equity position. However, declining net income and negative free cash flow in 2025 highlight areas needing attention, such as cost management and capital expenditure efficiency.

Income Statement

Rishabh Instruments Limited has shown consistent revenue growth over the years with a notable increase from 2024 to 2025. The gross profit margin is solid, although there was a significant drop in net profit margin in 2025 due to decreased net income. The EBIT margin is relatively stable, but EBITDA margin saw a decline, indicating pressure on operating efficiencies.

Balance Sheet

The balance sheet reflects a healthy equity position with a decreasing debt-to-equity ratio, indicating effective leverage management. Return on Equity (ROE) decreased in 2025, which can be concerning. The equity ratio remains strong, showcasing financial stability with a solid asset base supported by equity.

Cash Flow

The cash flow statement presents challenges, particularly in free cash flow, which turned negative in 2025. The operating cash flow to net income ratio is strong, indicating good cash generation relative to net income. However, the negative free cash flow suggests high capital expenditures impacting cash reserves.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	7.41B	7.20B	6.90B	5.70B	4.68B	3.87B
Gross Profit	3.84B	1.75B	4.00B	3.02B	2.59B	2.26B
EBITDA	841.38M	629.59M	826.35M	849.54M	825.74M	700.50M
Net Income	386.92M	226.35M	396.61M	468.17M	470.64M	347.29M
Balance Sheet
Total Assets	0.00	8.86B	7.80B	6.49B	5.64B	5.12B
Cash, Cash Equivalents and Short-Term Investments	1.98B	1.98B	1.55B	1.06B	1.05B	1.18B
Total Debt	0.00	980.33M	576.45M	1.06B	1.03B	1.06B
Total Liabilities	-6.14B	2.72B	2.17B	2.40B	2.18B	2.10B
Stockholders Equity	6.14B	6.11B	5.59B	4.01B	3.40B	2.99B
Cash Flow
Free Cash Flow	0.00	-106.04M	70.39M	-27.48M	-25.64M	175.31M
Operating Cash Flow	0.00	655.88M	760.35M	275.08M	132.82M	529.34M
Investing Cash Flow	0.00	-875.91M	-1.32B	-27.16M	-107.60M	-208.39M
Financing Cash Flow	0.00	428.52M	226.44M	-45.00M	-70.68M	-230.20M

Rishabh Instruments Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 374.95
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RISHABH, the sentiment is Neutral. The current price of 374.95 is below the 20-day moving average (MA) of 409.56, below the 50-day MA of 393.50, and above the 200-day MA of 303.92, indicating a neutral trend. The MACD of -2.26 indicates Positive momentum. The RSI at 39.43 is Neutral, neither overbought nor oversold. The STOCH value of 22.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:RISHABH.

Rishabh Instruments Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
RISHABH	63 Neutral	―	38.73	―	―	7.97%	7.32%
SUNDRMBRAK	56 Neutral	₹3.06B	97.05	―	0.19%	5.14%	-61.05%
LOKESHMACH	54 Neutral	₹3.82B	4,843.99	―	―	-30.06%	-99.50%