Key Financial Figures

Annual Performance (FY26 vs FY25)

  • Total Income: ₹162.35 crore (FY25: ₹151.41 crore), representing 7.23% year-on-year growth
  • EBITDA: ₹14.12 crore (FY25: ₹13.76 crore), showing 2.60% growth
  • EBITDA Margins: 8.70% (FY25: 9.09%), declining by 39.25 basis points
  • PAT: ₹3.67 crore (FY25: ₹8.25 crore), declining 55.48%
  • PAT Margins: 2.26% (FY25: 5.45%), declining by 318.68 basis points

Quarterly Performance (Q4 FY26)

  • Total Income: ₹41.25 crore
  • EBITDA: ₹3.20 crore
  • EBITDA Margins: 7.76%
  • PAT: ₹0.63 crore
  • PAT Margins: 1.53%

Operational Highlights

  • Export Contribution: Approximately 14% of total revenue in FY26
  • New Facility: Malur, Bangalore facility commissioned and commercialized during the year
  • Demand Drivers: Sustained demand from construction equipment, infrastructure, railways, and engineering sectors
  • Margin Pressure: Primarily impacted by higher personnel costs following implementation of new labour code

Management Commentary

Mr. Harshad Patel, Managing Director, stated that FY26 was a defining year with 7.2% revenue growth to ₹162 crore. The Malur facility is described as the company's most advanced facility to date, engineered for domestic capacity augmentation and meaningful export participation in construction equipment segment.

Growth Strategy and Outlook

  • Revenue Target: Approximately 20% CAGR over next three years
  • Growth Drivers: Malur facility ramp-up, deeper automation and Industry 4.0 integration
  • New Project: Phase 1 of in-house paint shop commencement from June 2026
  • Focus Areas: Operational discipline, margin recovery through improved capacity utilization
  • Market Opportunity: Government infrastructure programmes, expanding railway and metro network, rising construction equipment volumes, and energy transition

Company Background

Rishi Laser Limited, incorporated in 1992, provides end-to-end metal fabrication services from design and cutting to welding, coating and assembly. The company operates six manufacturing facilities across India serving leading OEMs across construction, energy, transportation, and heavy engineering sectors.

Disclaimer

The document contains forward-looking statements subject to risks and uncertainties including government actions, local developments, and technological risks. The company does not commit to publicly updating these statements.