Rishabh Instruments Limited — PPTs, 06-02-2026: Investor Presentation

Rishabh Instruments posted strong Q3FY26 & 9MFY26 results. Consolidated revenue grew 1.3% YoY to ₹183.6 Cr in Q3, with 9M up 7.0% to ₹570.3 Cr. Consolidated EBITDA soared 119.5% to ₹31.4 Cr in Q3 and 188.8% to ₹93.2 Cr in 9M, largely due to efficiency gains. Standalone revenue rose 3.1% (Q3) & 10.6% (9M), boosted by strong exports. Lumel SA delivered robust 22.4% Q3 growth, and the HPDC segment saw its 9M EBITDA turn profitable at ₹6.4 Cr from a prior loss, despite planned revenue reduction from older contracts.

The company is strategically expanding its global footprint, targeting new customers in the Middle East, Africa, and South America, and boosting product innovation. Its solar business aims for ₹100 Cr revenue in 3-4 years. Recent moves include expanding the Nashik facility with advanced SMT lines, acquiring a SCADA Software company in the Czech Republic, and partnering with IIT-Bombay for innovation. Management expresses confidence in the diversified business model and ongoing global expansion.