Rishabh Instruments started FY27 positively.

Consolidated revenue grew 4.2% YoY to ₹198.3 Cr, led by its Electrical & Electronic Instruments (EEI) segment, which soared 34.0% YoY to ₹154.0 Cr.

The High-Pressure Die Casting (HPDC) unit saw revenue drop 41.2% YoY to ₹44.3 Cr but achieved operating breakeven.

The company targets profitable growth through expanding its product portfolio, customer reach, and global diversification (US, Africa, Southeast Asia, India, Europe). It's also investing in new product pipelines for energy meters, automation, and solar inverters.

Consolidated EBITDA jumped 17.3% YoY to ₹33.3 Cr, with margins improving 190 bps to 16.8%. Consolidated PAT was ₹19.4 Cr (down 1.4% YoY). Standalone performance also showed robust revenue and profit growth.

Management expects a strong industry outlook from electrification, grid modernization, and industrial automation.

HPDC aims for Adjusted EBITDA breakeven by FY27-end.

AI/data center growth offers further opportunities for energy solutions.