Rishabh Instruments Limited — Investor Meet, 03-06-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Rishabh Instruments reported 4.5% consolidated revenue growth for FY25 with an 8.9% adjusted EBITDA margin. Electronics businesses grew ~9%, with EBITDA margins at 15.5%. Lumel SA posted 14% revenue growth and a 20.4% EBITDA margin. Aluminum die-casting revenue declined 2.7%, turning EBITDA positive in Q4 but still posting a full-year loss. Management is shifting focus to higher-margin non-automotive segments, expanding capacity and EMS capabilities, and investing in green energy. The Czech acquisition broadens SCADA software offerings. FY26 growth of 15–20% is expected in electronics, supported by domestic infrastructure, EMS, and renewable energy sectors. The company remains net debt-free and confident in long-term growth through innovation and efficiency.