Rishabh Instruments Limited

NSEI:RISHABH Stock Report

Market Cap: ₹31.3b

Rishabh Instruments Management

Management criteria checks 4/4

Rishabh Instruments' CEO is Dineshkumar Musalekar, appointed in Aug 2024, has a tenure of 2.08 years. total yearly compensation is ₹14.00M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.48% of the company’s shares, worth ₹150.58M. The average tenure of the management team and the board of directors is 2.1 years and 4 years respectively.

Key information

Dineshkumar Musalekar

Chief executive officer

₹14.0m

Total compensation

CEO salary percentage100.00%
CEO tenure2.1yrs
CEO ownership0.5%
Management average tenure2.1yrs
Board average tenure4yrs

Recent management updates

Recent updates

Analysis Article • Sep 08

At ₹810, Is It Time To Put Rishabh Instruments Limited (NSE:RISHABH) On Your Watch List?

Rishabh Instruments Limited ( NSE:RISHABH ), might not be a large cap stock, but it received a lot of attention from a...
Analysis Article • Jan 03

Is Now The Time To Put Rishabh Instruments (NSE:RISHABH) On Your Watchlist?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article • Oct 29

The Returns On Capital At Rishabh Instruments (NSE:RISHABH) Don't Inspire Confidence

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
Analysis Article • Aug 15

These 4 Measures Indicate That Rishabh Instruments (NSE:RISHABH) Is Using Debt Reasonably Well

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • May 19

Rishabh Instruments (NSE:RISHABH) Might Be Having Difficulty Using Its Capital Effectively

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Apr 23

What Rishabh Instruments Limited's (NSE:RISHABH) 25% Share Price Gain Is Not Telling You

Rishabh Instruments Limited ( NSE:RISHABH ) shareholders are no doubt pleased to see that the share price has bounced...
Analysis Article • Feb 19

Rishabh Instruments Limited's (NSE:RISHABH) 28% Share Price Plunge Could Signal Some Risk

The Rishabh Instruments Limited ( NSE:RISHABH ) share price has fared very poorly over the last month, falling by a...
Analysis Article • Nov 14

Here's Why Rishabh Instruments (NSE:RISHABH) Has A Meaningful Debt Burden

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Mar 13

Rishabh Instruments Limited (NSE:RISHABH) Shares May Have Slumped 27% But Getting In Cheap Is Still Unlikely

Rishabh Instruments Limited ( NSE:RISHABH ) shareholders won't be pleased to see that the share price has had a very...

CEO Compensation Analysis

How has Dineshkumar Musalekar's remuneration changed compared to Rishabh Instruments's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

₹809m

Mar 31 2026₹14m₹14m

₹815m

Dec 31 2025n/an/a

₹684m

Sep 30 2025n/an/a

₹568m

Jun 30 2025n/an/a

₹387m

Mar 31 2025₹13m₹13m

₹224m

Dec 31 2024n/an/a

₹186m

Sep 30 2024n/an/a

₹178m

Jun 30 2024n/an/a

₹354m

Mar 31 2024₹5mn/a

₹397m

Dec 31 2023n/an/a

₹522m

Sep 30 2023n/an/a

₹610m

Jun 30 2023n/an/a

₹470m

Mar 31 2023₹19mn/a

₹468m

Mar 31 2022₹14mn/a

₹471m

Mar 31 2021₹11mn/a

₹347m

Compensation vs Market: Dineshkumar's total compensation ($USD146.68K) is below average for companies of similar size in the Indian market ($USD280.55K).

Compensation vs Earnings: Dineshkumar's compensation has been consistent with company performance over the past year.

CEO

Dineshkumar Musalekar (55 yo)

2.1yrs
Tenure
₹14,000,000
Compensation

Mr. Dineshkumar Mahadev Musalekar had been the Whole-Time Director of Rishabh Instruments Limited since September 13, 2024 until June 2026 and serves as its Director, Managing Director & Group CEO from Jun...

Leadership Team

NamePositionTenureCompensationOwnership
Narendra Goliya
Promoter & Executive Chairman43.9yrs₹15.93m69.28%
₹ 21.7b
Dineshkumar Musalekar
Director2.1yrs₹14.00m0.48%
₹ 150.6m
Vishal Kulkarni
Chief Financial Officer4.1yrs₹2.60mno data
Ajinkya Joglekar
Company Secretary & Compliance Officer4.1yrs₹1.18mno data
Mahesh Naval
Chief Operations Officer1.6yrsno datano data
Nishant Dudhoria
Additional GM of Strategy1.3yrsno datano data
Nitinkumar Deshpande
Global Head of Marketing & Strategic Businessno datano datano data
Hemlata Bhavsar
Head of Human Resourcesno datano datano data
Arunava Bagchi
GM & Head of Profit Centreno datano datano data
Amol Deshmukh
Head of Research & Developmentno datano datano data
Nupur Gupta
International Sales Head1.6yrsno datano data
Pawel Zakrzewski
Chief Operating Officer of Lumel SAno datano datano data
2.1yrs
Average Tenure
55yo
Average Age

Experienced Management: RISHABH's management team is considered experienced (2.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Narendra Goliya
Promoter & Executive Chairman43.9yrs₹15.93m69.28%
₹ 21.7b
Dineshkumar Musalekar
Director2.1yrs₹14.00m0.48%
₹ 150.6m
Rajendra Bagwe
Independent Director1.3yrs₹300.00kno data
V. Subramaniam
Independent Director1.3yrs₹330.00kno data
Astha Kataria
Independent Director4.1yrs₹200.00kno data
Lukasz Meissner
Independent Director4yrsno datano data
Siddharth Bafna
Independent Director4.1yrs₹250.00kno data
4.0yrs
Average Tenure
55yo
Average Age

Experienced Board: RISHABH's board of directors are considered experienced (4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/10 00:02
End of Day Share Price 2026/09/10 00:00
Earnings2026/06/30
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Rishabh Instruments Limited is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chirag ShahICICIdirect.com