Analysts/Institutional Investor Meet/Con. Call Updates

Rishabh Instruments saw Q1 FY27 consolidated revenue hit INR 198.3 Cr (+4.2% YoY), with EBITDA at INR 33.3 Cr (+17.3% YoY), and PAT at INR 19.4 Cr (-1.4% YoY). The Electrical & Electronics Instrumentation (EEI) segment powered growth up 34% YoY with solid 24% EBITDA margins, beating earlier projections.

Strategic moves in solar inverters include new models and hybrid solutions, pushing for operational profitability.

Lumel Alucast is on track for FY27 breakeven.

A new Nashik plant is partially live, significantly boosting capacity.

US market expansion targets 30-40% organic growth, aiming for INR 100 Cr in 2-3 years, alongside inorganic exploration.

Management is confident in long-term structural growth drivers.