Rishi Laser Limited reported a total revenue of ₹162.35 crore for the financial year ended March 31, 2026, marking a defining year of capacity creation. The company commissioned and commercialized its new Malur facility in Bangalore, the largest and most advanced plant in its network, purpose-built for medium and heavy fabrication and the construction equipment segment. EBITDA improved to ₹14.12 crore, while EBITDA margins moderated to 8.70%, primarily impacted by higher personnel costs following the implementation of a new labour code.

Financial Performance FY26

The company recorded a Profit After Tax (PAT) of ₹3.67 crore for FY26. Exports now contribute approximately 14.18% of revenue, amounting to ₹22.83 crore. The Malur plant, engineered to international export standards, is expected to strengthen the company's ability to scale this segment further. Looking ahead, the management targets a 20% revenue CAGR over the next three years, supported by the ramp-up at the Malur plant, deeper automation, and Industry 4.0 adoption.

Q4 FY26 Highlights

For the fourth quarter ended March 31, 2026, the company reported a revenue of ₹40.76 crore. However, the quarter saw a decline in profitability with a PAT of negative ₹0.26 crore, compared to ₹3.20 crore in the corresponding period of the previous year. EBITDA for the quarter stood at ₹2.78 crore, with margins contracting to 6.74%.

Strategic Expansion and Outlook

The new Malur facility features a built-up area of 70,000 sq. ft. and represents a strategic investment of ₹18 crore in CAPEX. Phase 1 of the in-house paint shop is scheduled to become operational from June 2026. The company expects this facility to generate ₹100 crore in revenue by FY29, enhancing its national and export capabilities. The plant is designed to manufacture high-value components meeting international standards, capturing rising domestic demand and export potential in the construction equipment sector.

Rishi Laser Limited reported a 55.5% decline in profit for the fiscal year ended March 31, 2026, to ₹367.25 lakh, compared to ₹825.28 lakh in the previous year, following a board meeting on May 28, 2026. The precision metal fabrication company recorded a 6.8% increase in revenue from operations to ₹16,102.64 lakh for FY26, up from ₹15,071.68 lakh in FY25. Total income for the year rose to ₹16,235.44 lakh from ₹15,140.91 lakh in the corresponding period last year, while total expenses increased to ₹15,686.79 lakh from ₹14,313.04 lakh.

Financial Performance for FY26

The company recognized an exceptional item of ₹55.51 lakh during the year, primarily due to an incremental provision of ₹18.12 lakh towards the impact of the new Labour Codes, 2020. Earnings per share (EPS) for the year were reported at ₹4.60, down from ₹8.98 in the previous year. For the quarter ended March 31, 2026, revenue from operations was ₹4,076.24 lakh, while the company reported a loss of ₹26.07 lakh for the period. The total assets as of March 31, 2026, stood at ₹14,872.70 lakh, an increase from ₹11,997.38 lakh as of March 31, 2025.

Auditor Appointments and Compliance

The board re-appointed M/s P. K. Chatterjee & Associates, Cost Accountants, as the Cost Auditor for FY27, subject to shareholder approval. Additionally, M/s. P C Chhajed & Co., Chartered Accountants, were appointed as the Internal Auditor for FY27. The statutory auditor, M/s Shah, Mehta and Bakshi, Chartered Accountants, issued an unmodified opinion on the financial results. The trading window, which was closed from April 1, 2026, will reopen 48 hours after the dissemination of these results.