Rishi Laser Ltd. (RISHILASE) — Tipsheet https://tipsheet.markets/company/rishilase/ Every Tipsheet Editorial note covering Rishi Laser Ltd. (RISHILASE), newest first. Grounded in BSE/NSE primary-source filings. en-in Tue, 28 Jul 2026 14:38:35 GMT Rishi Laser missed its FY26 target. Now it's guiding for a ₹30 crore revenue jump. https://tipsheet.markets/rishilase-rishi-laser-missed-its-fy26-target-now-it-s-guiding-for-a-30-crore-revenue-jump-106837/ https://tipsheet.markets/rishilase-rishi-laser-missed-its-fy26-target-now-it-s-guiding-for-a-30-crore-revenue-jump-106837/ Tue, 09 Jun 2026 14:33:37 GMT Management blamed execution failures at its new Malur plant for the shortfall. It's now guiding for ₹190 crore in FY27 as the plant finally comes online. Management blamed execution failures at its new Malur plant for the shortfall. It's now guiding for ₹190 crore in FY27 as the plant finally comes online.

What’s new

  • Rishi Laser's FY26 revenue grew just 7% to ₹160 crore, missing its target; net profit fell 55% to ₹3.67 crore.
  • Management blamed poor execution at the new Malur plant and a lack of ready staff.
  • The company is guiding for ₹190 crore in FY27 and has shelved a planned tube-processing segment for at least a year.

Why it matters

This is a company admitting its expansion stumbled on execution, not demand. The Malur plant is now operational with a new paint shop running, and the ₹190 crore guide implies a 19% revenue jump. The question is whether last year's stumbles were a one-time setup issue or a pattern.

What we’re watching

  • Whether the Malur plant can actually deliver the guided ₹60 crore in FY27.
  • If the 20% three-year CAGR target holds up after a year of missed targets.
  • The stability of margins after a 55% profit drop in FY26.

The full read

Rishi Laser's FY26 was a miss. Revenue grew 7% to ₹160 crore but net profit cratered 55% to ₹3.67 crore. Management didn't hedge: it blamed itself, citing botched execution at the new Malur plant and staff who weren't ready. The plant is now fully operational, a paint shop started in June, and the company is pointing to ₹190 crore for FY27. That implies a 19% revenue jump, with Malur alone expected to contribute ₹60 crore. The three-year CAGR target is 20%. To hit those numbers after a year of stumbles, the company is shelving a planned tube-processing segment for at least a year. It's a clear bet on fixing what broke before adding anything new.

Primary source: BSE · NSE

]]> Earnings Tipsheet Editorial Rishi Laser's Malur plant took too long. Profit fell 55%. Now it wants ₹190 cr. https://tipsheet.markets/rishilase-rishi-laser-s-malur-plant-took-too-long-profit-fell-55-now-it-wants-190-cr-105904/ https://tipsheet.markets/rishilase-rishi-laser-s-malur-plant-took-too-long-profit-fell-55-now-it-wants-190-cr-105904/ Fri, 05 Jun 2026 17:24:27 GMT Management admitted a botched plant commissioning hurt FY26 earnings. It's betting a fully operational Malur plant and a Pune recovery will deliver ₹190 crore in revenue this year. Management admitted a botched plant commissioning hurt FY26 earnings. It's betting a fully operational Malur plant and a Pune recovery will deliver ₹190 crore in revenue this year.

What’s new

  • FY26 net profit dropped 55% to ₹3.67 cr as the Malur plant's commissioning took far longer than planned.
  • Revenue grew 7% to ₹160 cr, but the delayed plant opening ate into margins.
  • Tube processing plans are shelved for at least 12 months; Baroda plant is expected to stay flat.

Why it matters

Rishi Laser is a nano-cap that just admitted its own execution failed. The profit hit is real, but the new guidance is specific and aggressive. The bet now is whether the operational fixes at Malur and Pune can turn a 55% profit decline into 20% annual growth. The 9-11% margin target leaves little room for another stumble.

What we’re watching

  • Q1 FY27 results to see if the Malur plant is running at capacity.
  • The pace of export growth toward the 20-25% mix target.
  • Any shift in the Baroda plant outlook, now seen as flat.

The full read

Rishi Laser admitted its Malur plant took too long to get running. The delay cost the company: net profit fell 55% to ₹3.67 crore in FY26, even as revenue managed a 7% climb to ₹160 crore. Now, with Malur fully operational and Pune expected to recover, management is guiding for ₹190 crore in revenue for FY27, a 19% jump. The longer-term target is a 20% three-year CAGR, with exports rising from 14% to 20-25% of the revenue mix. The margin guardrail is 9-11% EBITDA. The plan looks credible on paper. The proof will be in the next couple of quarters. One piece has been put on hold: the tube processing segment is shelved for at least twelve months, and the Baroda plant is expected to stay flat. For a nano-cap that just disclosed an execution failure, the next test is whether the new guidance holds.

Primary source: BSE · NSE

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