Rishi Laser Limited (526861) Earnings Call Transcripts

Rishi Laser Limited's Latest Earnings Call - Q4 FY2026

In the fourth quarter and fiscal year 2026, Rishi Laser Limited reported a revenue of INR 160 crores, reflecting a 7% year-over-year growth, but fell short of management's aggressive sales targets. The company experienced a significant decline in profit after tax (PAT), down 55% to INR 3.67 crores, and a reduction in EBITDA margins from 9.1% to 8.7%. Management acknowledged execution failures linked to the commissioning of new machinery and workforce readiness, which impacted productivity. Looking ahead, the company aims for a revenue contribution of INR 60 crores from the newly operational Malur plant in FY '27, with a target of INR 100 crores by FY '29, signaling a potential recovery in financial performance.

Reported metrics

Guidance from management

Management expects to generate INR 60 crores from the Malur plant in FY '27, with a long-term target of INR 100 crores by FY '29. They aim to improve financial performance as operational challenges are resolved.

What management said

Okay. Is this okay? Hello. Good evening, everyone, and thank you for joining our annual meeting. I think this voice is not so -- hello. Ganesh, can you speak and just see what -- how is your voice coming.

See, FY '27 in terms of revenue from that plant, we are looking at INR 60 crores for this year itself. And we want to ramp it up to INR 100 crores by FY '29. Of course, that looks a little longer, but maybe we'll achieve that number before FY '29 itself. All the product approvals are in place. And the billing has been -- the invoicing from that plant has also started. We have started producing from that plant and the...

What analysts pressed on

Analysts expressed concerns regarding the company's execution failures and rising employee costs. There were questions about the overlap in revenue from the new Malur plant and existing operations, as well as the potential for margin recovery amidst increasing labor costs.

Main topics on the call

• Revenue Shortfall — Management admitted, "We failed to meet the sales target we established 12 months ago," indicating a significant execution gap. The reported revenue of INR 160 crores was below expectations, contributing to a disappointi...
• Operational Challenges — The company faced execution failures primarily due to "underestimating the complexity of commissioning the large format fabrication machinery" and inadequate workforce readiness. These issues compressed productive output...
• Malur Plant Operational Readiness — Management confirmed that the Malur plant is now fully operational, stating, "The tooling required for our target product mix... is in place and validated." This facility is expected to enhance the company's value propos...
• Future Revenue Guidance — For FY '27, the company anticipates generating INR 60 crores from the Malur plant, with a longer-term goal of INR 100 crores by FY '29. This guidance reflects a strategic focus on ramping up production capabilities.

Read the full Rishi Laser Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 3 Rishi Laser Limited earnings call transcripts on record, spanning May 22, 2025 to June 5, 2026. Based on this history, Rishi Laser Limited reports semi-annually. The most recent call on file is dated June 5, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

526861

Exchange

BSE

Country

IN

Sector

Industrials

Industry

Machinery

Calls on record

3

First call

May 22, 2025

Most recent

June 5, 2026

Reporting cadence

semi-annually