Case study

RISHABH

Rishabh Instruments Limited

Tread carefully1y model -1.4%

Each stock's 10,000-path forecast, rendered as light.

42Score

Rishabh Instruments Limited (RISHABH) Stock Analysis & Case Study

Is RISHABH a good buy? The data-driven verdict.

Rishabh Instruments Limited (RISHABH) trades at ₹639,on the numbers it tread carefully, a Downstox Snapshot Score of 42/100.

On the numbers, Rishabh Instruments Limited (RISHABH) tread carefully, a Downstox Snapshot Score of 42/100, weighing premium at 30.3× earnings, ROE of 12.0%, a 49% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

RISHABH fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹2,473 Cr
Current price
₹639
P/E ratio
30.3×
P/B ratio
3.31×
Book value
₹193
Dividend yield
0.31%
ROCE
14.5%
ROE
12.0%
Piotroski F-Score
6/8

How RISHABH ranks against the 2,373 companies in our screener

Is RISHABH overvalued? RISHABH P/E vs peers

RISHABH trades at 30.3× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

RISHABH share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 2.8y of RISHABH history (13%/yr drift, 50%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
RISHABH 2027₹336₹630₹1,183-1%
RISHABH 2028₹247₹622₹1,564-3%
RISHABH 2029₹197₹613₹1,907-4%
RISHABH 2030₹166₹605₹2,207-5%
RISHABH 2031₹140₹597₹2,536-7%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability RISHABH goes up, or doubles?

49%
Higher in 1 year
Modelled chance the price is above today in 12 months
47%
Higher in 5 years
Modelled chance the price is above today in 5 years
25%
Doubles in 5 years
Modelled chance of reaching ₹1,278 within 5 years

The bull case for RISHABH

  • RISHABH's return on equity of 12.0% ranks in the 59th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,907.

The bear case & risks

  • RISHABH's P/E of 30.3x is lower than 45% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • High historical volatility (50%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹197.

RISHABH volatility & expected range, how bumpy is the ride?

Over the last 2.8 years RISHABH compounded at 13%/year with annualized volatility of 50%. That volatility implies a 1-year 80% range of ₹336-₹1,183, the honest backbone behind any single price target.

RISHABH price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 2.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
1.4%
80% range₹336-₹1,183
P(price ↑)49%
P(price 2×)8%
3-Year Forecast
2029
₹0
Median (P50)
4.1%
80% range₹197-₹1,907
P(price ↑)48%
P(price 2×)20%
5-Year Forecast
2031
₹0
Median (P50)
6.7%
80% range₹140-₹2,536
P(price ↑)47%
P(price 2×)25%

RISHABH price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
RISHABH simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds RISHABH hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the RISHABH price target & forecast page.

RISHABH Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. RISHABH scores 6/8, mixed financial health.

RISHABH MTF margin & leverage across 9 brokers

Margin Trading Facility lets you buy RISHABH with part of the capital. Lower margin % = higher leverage. Rates compared across 9 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox38.40%2.6×
ZerodhaCHEAPEST38.35%2.6×
Groww38.56%2.6×
Dhan40.00%2.5×
Kotak Neo100.00%1.0×
Paytm Money38.60%2.6×
Pocketful38.93%2.6×
Anand RathiCHEAPEST38.35%2.6×
Share India38.56%2.6×

Compare every broker on the RISHABH MTF page.

About Rishabh Instruments Limited: sector, index & market-cap context

Rishabh Instruments Limited (RISHABH) is a small-cap NSE-listed company, with a market capitalisation of ₹2,473 Cr. See more stocks on our screener.

How the RISHABH Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Rishabh Instruments Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

RISHABH analysis, FAQs

Is Rishabh Instruments Limited (RISHABH) a good buy?

On the numbers, Rishabh Instruments Limited (RISHABH) tread carefully, a Downstox Snapshot Score of 42/100, weighing premium at 30.3× earnings, ROE of 12.0%, a 49% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is RISHABH overvalued or undervalued?

RISHABH trades at 30.3× earnings, premium versus the ~22× long-run Nifty average.

What is the RISHABH share price target for 2031?

RISHABH's probability-weighted 2031 median target is ₹597, with an 80% range of ₹140-₹2,536 (10,000-path Monte-Carlo).

What is the probability RISHABH doubles in 5 years?

The modelled probability of RISHABH reaching ₹1,278 (2×) within 5 years is 25%.

What is the bull case for RISHABH?

RISHABH's return on equity of 12.0% ranks in the 59th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in RISHABH?

RISHABH's P/E of 30.3x is lower than 45% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. High historical volatility (50%/yr) means a wide, bumpy range of outcomes, size positions accordingly.

More on RISHABH