Rishabh Instruments Limited

NSEI:RISHABH Stock Report

Market Cap: ₹15.7b

Rishabh Instruments Management

Management criteria checks 2/4

Rishabh Instruments' CEO is Dineshkumar Musalekar, appointed in Aug 2024, has a tenure of 1.33 years. total yearly compensation is ₹12.50M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.48% of the company’s shares, worth ₹76.15M. The average tenure of the management team and the board of directors is 1.1 years and 3.3 years respectively.

Key information

Dineshkumar Musalekar

Chief executive officer

₹12.5m

Total compensation

CEO salary percentage100.00%
CEO tenure1.3yrs
CEO ownership0.5%
Management average tenure1.1yrs
Board average tenure3.3yrs

Recent management updates

Recent updates

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

Oct 29
The Returns On Capital At Rishabh Instruments (NSE:RISHABH) Don't Inspire Confidence

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

Aug 15
These 4 Measures Indicate That Rishabh Instruments (NSE:RISHABH) Is Using Debt Reasonably Well

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

May 19
Rishabh Instruments (NSE:RISHABH) Might Be Having Difficulty Using Its Capital Effectively

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

Apr 23
What Rishabh Instruments Limited's (NSE:RISHABH) 25% Share Price Gain Is Not Telling You

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

Feb 19
Rishabh Instruments Limited's (NSE:RISHABH) 28% Share Price Plunge Could Signal Some Risk

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

Nov 14
Here's Why Rishabh Instruments (NSE:RISHABH) Has A Meaningful Debt Burden

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

Mar 13
Rishabh Instruments Limited (NSE:RISHABH) Shares May Have Slumped 27% But Getting In Cheap Is Still Unlikely

CEO Compensation Analysis

How has Dineshkumar Musalekar's remuneration changed compared to Rishabh Instruments's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

₹568m

Jun 30 2025n/an/a

₹387m

Mar 31 2025₹13m₹13m

₹226m

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 ($USD138.98K) is about average for companies of similar size in the Indian market ($USD195.01K).

Compensation vs Earnings: Dineshkumar's compensation has increased by more than 20% in the past year.


CEO

Dineshkumar Musalekar (54 yo)

1.3yrs
Tenure
₹12,500,000
Compensation

Mr. Dineshkumar Mahadev Musalekar has been the Whole-Time Director of Rishabh Instruments Limited since September 13, 2024. He serves as the President of Management Board at LUMEL S.A. He was the Group Chi...


Leadership Team

NamePositionTenureCompensationOwnership
Narendra Goliya
Promoter & Executive Chairman43.2yrs₹14.12m69.7%
₹ 11.0b
Dineshkumar Musalekar
Whole-Time Director1.3yrs₹12.50m0.48%
₹ 76.1m
Vishal Kulkarni
Chief Financial Officer3.3yrs₹2.34mno data
Mahesh Naval
Chief Operations Officerless than a yearno datano data
Nishant Dudhoria
Additional GM of Strategyless than a yearno 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 data0.018%
₹ 2.9m
Amol Deshmukh
Head of Research & Developmentno datano datano data
Nupur Gupta
International Sales Headless than a yearno datano data
1.1yrs
Average Tenure
54yo
Average Age

Experienced Management: RISHABH's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Narendra Goliya
Promoter & Executive Chairman43.2yrs₹14.12m69.7%
₹ 11.0b
Dineshkumar Musalekar
Whole-Time Director1.3yrs₹12.50m0.48%
₹ 76.1m
Rajendra Bagwe
Independent Directorless than a yearno datano data
V. Subramaniam
Independent Directorless than a yearno datano data
Astha Kataria
Independent Director3.3yrs₹120.00kno data
Lukasz Meissner
Independent Director3.3yrsno datano data
Siddharth Bafna
Independent Director3.3yrs₹200.00kno data
3.3yrs
Average Tenure
54yo
Average Age

Experienced Board: RISHABH's board of directors are considered experienced (3.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/06 13:29
End of Day Share Price 2025/12/05 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

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

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Industry and Sector Metrics

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Analyst Sources

Rishabh Instruments Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.