Rishabh Instruments Limited , a prominent player in the Indian stock market, has announced significant changes to its board structure and committee compositions. The company made these announcements following its 42nd Annual General Meeting (AGM) held on July 30, 2025.

Board Restructuring

P.K. Ramakrishnan, who served as a Non-Executive-Non Independent Director, has retired from the Board of Rishabh Instruments Limited. His retirement took effect at the conclusion of the company's Annual General Meeting on July 30, 2025. This move marks a significant shift in the company's leadership structure.

Committee Reconstitution

In light of Ramakrishnan's retirement, Rishabh Instruments has undertaken a comprehensive reconstitution of its board committees. The new structure, effective immediately, aims to ensure continued strong governance and oversight. The reconstituted committees are as follows:

Audit Committee

Stakeholder Relationship Committee

Nomination and Remuneration Committee

Risk Management Committee

CSR Committee

AGM Highlights

The 42nd AGM, conducted via video conference, saw the participation of 45 members representing 264,35,336 shares. Key points from the meeting include:

• Adoption of annual accounts for the year ended March 31, 2025
• Re-appointment of Dineshkumar Musalekar as a director
• Approval of amendments to the ESOP Plan 2022 Scheme A
• Appointment of KANJ & Co. LLP as Secretarial Auditors for a 5-year term
• Ratification of Cost Auditor's remuneration for FY 2025-26
• Appointment of Rajendra Bagwe and V. Subramaniam as Independent Directors

These changes reflect Rishabh Instruments' commitment to maintaining robust corporate governance practices and adapting its leadership structure to meet evolving business needs. The company continues to focus on transparency and shareholder value as it moves forward with its newly restructured board and committees.

Rishabh Instruments , a leading player in the electrical equipment sector, has released its fourth-quarter financial results, showcasing a mixed performance with improvements in net profit but a decline in EBITDA.

Revenue Growth

The company reported a modest increase in its Q4 revenue, which rose to ₹1.87 billion from ₹1.80 billion in the same quarter last year, representing a year-over-year growth of approximately 3.89%.

Profitability Surge

Rishabh Instruments witnessed a significant boost in its bottom line for the fourth quarter. The consolidated net profit surged to ₹64.00 crore, marking a substantial increase from ₹24.00 crore in the corresponding quarter of the previous year. This represents a remarkable year-over-year growth of 166.67%. However, it's worth noting that the profit showed a sequential decline from ₹85.00 crore in the previous quarter.

EBITDA Performance

Despite the growth in revenue and net profit, the company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for Q4 decreased to ₹162.00 crore, down from ₹180.30 crore in the same quarter last year. This represents a year-over-year decline of approximately 10.15% in EBITDA.

Margin Pressure

The EBITDA margin for the fourth quarter stood at 8.64%, showing a decrease from 10.13% in the same period last year. This contraction in margin indicates potential cost pressures or changes in the company's operational efficiency.

Financial Highlights Table

Rishabh Instruments' Q4 results present a complex picture of the company's financial health. While the significant increase in net profit is a positive sign, the decline in EBITDA and EBITDA margin suggests that the company may be facing challenges in maintaining operational efficiency. The modest revenue growth indicates that the company is still expanding its business, albeit at a slower pace. Investors and analysts will likely be watching closely to see how Rishabh Instruments addresses the margin pressure and capitalizes on its profit growth in the coming quarters.