Rishabh Instruments Limited (RIL) has announced that its wholly owned subsidiary, Lumel SA, has secured a significant order from a leading Germany-based energy sector company. This contract follows a previous engagement between the two entities, marking a continued strategic partnership aimed at advancing energy efficiency solutions. The intimation was made under Regulation 30 of the SEBI Listing Regulations on April 16, 2026.
The newly acquired order is valued at €3 million (approximately Rs. 30 Crores) and involves the supply of advanced electronic devices for industrial automation applications. The agreement is structured as a “one-time” nature contract, with a delivery timeline extending through the end of 2027. This engagement is the result of months of collaborative engineering between Lumel SA and its German partner to develop tailored technical solutions. To support such high-demand projects, Lumel SA recently commissioned one of Europe’s most advanced electronics assembly lines in May 2025 as part of its manufacturing modernization program.
Incorporated in 1982, Rishabh Instruments Limited is a global leader in energy efficiency solutions, specializing in electrical automation, metering, measurement, and precision-engineered products. The company operates five manufacturing facilities across India, Poland, and China, serving over 70 countries through a network of 350+ authorized dealers. Throughout 2025, the company focused on innovation, launching a new range of High Voltage Testers and expanding its SCADA software capabilities through the acquisition of MICROSYS. Recent updates include the receipt of export orders worth Rs. 10 Crores in late 2025 and an upgrade in credit ratings for bank facilities in early 2026.
For the financial year ending March 31, 2025, Rishabh Instruments generated a total revenue of Rs. 735 Crores. In the third quarter of FY 2025-26, the company reported a consolidated revenue of Rs. 189.23 Crores, representing a 1.62% increase compared to the same period in the previous year. During this same quarter, net profits saw a substantial surge of 139% year-on-year, reaching Rs. 19.98 Crores. The company’s shareholding pattern as of 2025-26 indicates strong promoter holding at approximately 69.55%, with prominent mutual fund participation at 10.67%. Notable investors in the company’s history include those who participated in its Rs. 491 Crore public issue in September 2023, which facilitated its global expansion strategy.
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