Rishi Laser Limited announced its unaudited financial results for the quarter ended December 31, 2025, presenting a mixed performance picture. The Board of Directors approved these results at their meeting held on February 13, 2026, with the company operating in the precision metal fabrication segment.

Regulatory Compliance and Board Meeting Details

The company submitted its quarterly results to BSE Limited under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting commenced at 11:00 a.m. and concluded at 12:25 p.m. on February 13, 2026, where directors considered, approved and took on record the unaudited financial results along with the Limited Review Report.

Quarterly Financial Performance

The company's Q3 FY26 performance showed sequential decline in key metrics. Revenue from operations decreased to ₹3,639.18 lakhs from ₹4,284.01 lakhs in the previous quarter, though it remained relatively stable compared to ₹3,695.75 lakhs in Q3 FY25.

Impact of Exceptional Items

The quarter's profitability was significantly affected by exceptional items worth ₹37.39 lakhs. The company recognized an incremental provision towards the impact of new Labour Codes, 2020, classified as exceptional due to its regulatory-driven, non-recurring nature. This provision reduced the profit after exceptional items to a loss of ₹6.37 lakhs before tax adjustments.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Rishi Laser demonstrated resilient performance despite quarterly challenges. Revenue from operations increased to ₹12,026.40 lakhs compared to ₹11,295.08 lakhs in the corresponding period of the previous year.

Operational Metrics and Key Highlights

The company maintained stable operational parameters during the quarter. Employee benefits expense increased to ₹814.35 lakhs in Q3 FY26 from ₹666.12 lakhs in Q3 FY25, reflecting business expansion activities. Finance costs rose to ₹116.40 lakhs compared to ₹66.45 lakhs in the corresponding quarter of the previous year.

Key operational developments included:

• Application of lease accounting under Ind AS 116 for new lease premises
• Reclassification of rental expenses into finance charges and amortization
• Continued monitoring of Labour Code implementations and state rule finalizations

Auditor Review and Compliance

Shah Mehta & Bakshi Chartered Accountants (Firm Registration No: 103824W) conducted the Limited Review of the unaudited financial results. Partner Himesh D. Gajjar (Membership No.: 177342) signed the review report on February 13, 2026, confirming compliance with Indian Accounting Standards and SEBI regulations.

Financial Position and Equity Structure

Rishi Laser maintained a stable capital structure with paid-up equity share capital of ₹919.26 lakhs, consisting of shares with a face value of ₹10 each. The basic and diluted earnings per share for Q3 FY26 stood at ₹0.46, significantly lower than ₹2.30 in the previous quarter due to the impact of exceptional items and reduced profitability.

The company's other equity excluding revaluation reserve was ₹2,606.39 lakhs as of March 31, 2025. Total comprehensive income for the quarter was ₹2.38 lakhs after accounting for other comprehensive income adjustments.

Rishi Laser Limited , a precision metal fabrication company, has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025. The company demonstrated strong performance with significant year-over-year growth in revenue and profitability.

Financial Highlights

Key Performance Insights

1. Revenue Growth: Rishi Laser reported a robust 9.83% year-over-year increase in total income for Q2 FY2026, reaching Rs. 4,293.85 lakhs.

2. Profitability: The company's Profit Before Tax increased by 18.85% year-over-year, indicating improved operational efficiency.

3. New Plant Commissioning: Rishi Laser successfully commissioned its new Malur plant, which has begun supplying over 1,000 parts for Caterpillar. This development is expected to contribute to the company's growth and capabilities.

4. Future Outlook: The company expects a 20% topline growth in FY27 with margin improvements of 1.5-2% at the EBIT level. This growth is anticipated to be driven by automation capabilities and a new paint shop facility expected to go live in Q4FY26.

Balance Sheet Strength

As of September 30, 2025, Rishi Laser's balance sheet showed notable improvements:

• Total assets increased to Rs. 13,456.59 lakhs, up from Rs. 11,997.38 lakhs as of March 31, 2025.
• The company's equity position strengthened, with total equity rising to Rs. 7,516.39 lakhs from Rs. 7,130.87 lakhs at the end of the previous fiscal year.
• Cash and cash equivalents saw a significant boost, reaching Rs. 853.25 lakhs compared to Rs. 159.92 lakhs at the end of FY2025.

Management Commentary

The Board of Directors reviewed and approved the unaudited financial results at their meeting held on November 13, 2025. The company's management expressed satisfaction with the quarterly performance, highlighting the consistent revenue growth and improved profitability as indicators of Rishi Laser's strong market position in the precision metal fabrication segment.

Conclusion

Rishi Laser Limited's Q2 FY2026 results reflect a company on a growth trajectory, with improvements across key financial metrics. The substantial increase in revenue, coupled with enhanced profitability, a strengthened balance sheet, and the successful commissioning of the new Malur plant, positions the company well for sustained growth in the coming quarters. The expected topline growth and margin improvements for FY27, driven by automation and new facilities, further underscore the company's positive outlook. Investors and stakeholders may view these results as a positive sign of the company's operational efficiency and market performance in the precision metal fabrication sector.