RISHABH

Rishabh Instruments Share PriceRishabh Instruments

₹502.65
-4.55 (-0.9%)
As on 08 December, 2023 | 00:59 BSE: 543977 NSE: RISHABHISIN: INE0N2P01017

Rishabh Instruments Performance

Day Range

  • Low 495.45
  • High 509.55
₹ 502.65

52 Week Range

  • Low 432.35
  • High 555.00
₹ 502.65
  • Open Price507.00
  • Previous Close507.20
  • Volume218511

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Rishabh Instruments Share Price

  • Over 1 Month 3.79%
  • Over 3 Month 13.98%
  • Over 6 Month 13.98%
  • Over 1 Year 13.98%

Rishabh Instruments Key Statistics

P/E Ratio
PEG Ratio
Market Cap Cr 1,908
Price to Book Ratio 4.8
EPS 4.9
Dividend 0
Relative Strength Index 47.75
Money Flow Index 59.49
MACD Signal 8.14
Average True Range 19.56

Rishabh Instruments Investment Rating

  • Master Rating:
  • Rishabh Instruments Ltd has an operating revenue of Rs. 651.64 Cr. on a trailing 12-month basis. An annual revenue growth of 21% is outstanding, Pre-tax margin of 11% is healthy, ROE of 11% is good. The company has a reasonable debt to equity of 7%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its key moving averages, around 1% and 2% from 50DMA and 200DMA. It needs to stay above these levels to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 8% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 55 which is a POOR score indicating inconsistency in earnings, a RS Rating of 47 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 92 indicates it belongs to a poor industry group of Elec-Scientific/Msrng and a Master Score of C is fair but needs to improve. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Rishabh Instruments Financials
IndicatorSep 2023Jun 2023Mar 2023Jun 2022
Oper Rev Qtr Cr 63576241
Operating Expenses Qtr Cr 48435233
Operating Profit Qtr Cr 1513109
Depreciation Qtr Cr 2222
Interest Qtr Cr 0010
Tax Qtr Cr 3322
Net Profit Qtr Cr 10976
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 201156
Operating Expenses Annual Cr 165132
Operating Profit Annual in Cr 3120
Depreciation Cr 108
Interest Annual Cr 31
Tax Annual Cr 64
Net Profit Annual Cr 1910
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -3-1
Cash from Investing Activity Annual Cr 13-3
Cash from Financing Annual Activity Cr -95
Net Cash Flow Annual Cr 21
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 232206
Fixed Assets Annual Cr 4142
Total Non Current Assets Annual Cr 132127
Total Current Assets Annual Cr 173153
Total Assets Annual Cr 305281
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 79141
ROE Annual % 85
ROCE Annual % 117
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1916
IndicatorSep 2023Jun 2023Mar 2023Jun 2022
Oper Rev Qtr Cr 180172174125
Operating Expenses Qtr Cr 148156150107
Operating Profit Qtr Cr 32172518
Depreciation Qtr Cr 7776
Interest Qtr Cr 1211
Tax Qtr Cr 3343
Net Profit Qtr Cr 2281511
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 580480
Operating Expenses Annual Cr 493397
Operating Profit Annual in Cr 7673
Depreciation Cr 2020
Interest Annual Cr 53
Tax Annual Cr 1110
Net Profit Annual Cr 4747
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 2813
Cash from Investing Activity Annual Cr -3-11
Cash from Financing Annual Activity Cr -5-7
Net Cash Flow Annual Cr 20-5
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 390330
Fixed Assets Annual Cr 205204
Total Non Current Assets Annual Cr 239231
Total Current Assets Annual Cr 410333
Total Assets Annual Cr 649564
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 136229
ROE Annual % 1214
ROCE Annual % 1516
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1518

Rishabh Instruments Technicals

EMA & SMA

Current Price
₹502.65
-4.55 (-0.9%)
pointer
  • Bullish Moving Average
  • ___
  • 3
  • Bearish Moving Average
  • ___
  • 8
  • 20 Day
  • ₹509.98
  • 50 Day
  • ₹497.39
  • 100 Day
  • 200 Day
  • 20 Day
  • ₹512.91
  • 50 Day
  • ₹501.88
  • 100 Day
  • 200 Day

Rishabh Instruments Resistance and Support

PIVOT
₹502.55
Resistance
First Resistance 509.65
Second Resistance 516.65
Third Resistance 523.75
RSI 47.75
MFI 59.49
MACD Single Line 8.14
MACD 5.97
Support
First Resistance 495.55
Second Resistance 488.45
Third Resistance 481.45

Rishabh Instruments Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 224,158 13,875,380 61.9
Week 214,846 11,822,953 55.03
1 Month 193,103 10,483,588 54.29
6 Month 235,046 11,648,872 49.56

Rishabh Instruments Result Highlights

Rishabh Instruments Synopsis

NSE-Elec-Scientific/Msrng

Rishabh Instruments is involved in the business activities of Computer, electronic, Communication and scientific measuring & control equipment. Company’s Total Operating Revenue is Rs. 195.98 Cr. and Equity Capital is Rs. 29.25 Cr. for the Year ended 31/03/2023. Rishabh Instruments Ltd. is a Private Limited Listed company incorporated on 06/10/1982 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is U31100MH1982PLC028406 and registration number is 028406.
Market Cap 1,908
Sales 182
Shares in Float 1.10
No of funds 18
Yield
Book Value 6.31
U/D Vol ratio 1.9
LTDebt / Equity 2
Alpha 0.19
Beta 1.2

Rishabh Instruments

Owner NameSep-23
Promoters 70.68%
Mutual Funds 14.95%
Insurance Companies 1.12%
Foreign Portfolio Investors 1.66%
Financial Institutions/ Banks 0.27%
Individual Investors 8.58%
Others 2.74%

Rishabh Instruments Management

Name Designation
Mr. Narendra Joharimal Goliya Chairman & Managing Director
Mr. Parappath Kottekode Ramakrishnan Non Executive Director
Mr. Krishnan Ganesan Non Exe. & Nominee Director
Mr. Alipt Sharma Non Exe. & Nominee Director
Mr. Lukasz Jan Meissner Independent Director
Mr. Rathin Kumar Banerjee Independent Director
Mr. Siddharth Nandkishore Bafna Independent Director
Ms. Astha Ashish Kataria Independent Director

Rishabh Instruments Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Rishabh Instruments Corporate Action

Date Purpose Remarks
2023-11-10 Quarterly Results
2023-09-30 Quarterly Results

Rishabh Instruments MF Shareholding

Name Amount(cr)
Nippon India Small Cap Fund - Growth 37,319
Quant Small Cap Fund Growth 9,521
HDFC Multi Cap Fund Regular Growth 8,962
Bandhan Sterling Value Fund Regular Plan Growth 6,672
Nippon India Flexi Cap Fund Regular Growth 4,845

Rishabh Instruments FAQs

What is Share Price of Rishabh Instruments ?

Rishabh Instruments share price is ₹502 As on 08 December, 2023 | 00:45

What is the Market Cap of Rishabh Instruments ?

The Market Cap of Rishabh Instruments is ₹1908.1 Cr As on 08 December, 2023 | 00:45

What is the P/E ratio of Rishabh Instruments ?

The P/E ratio of Rishabh Instruments is As on 08 December, 2023 | 00:45

What is the PB ratio of Rishabh Instruments ?

The PB ratio of Rishabh Instruments is 4.8 As on 08 December, 2023 | 00:45

Q2FY23