Rishi Techtex

Why is Rishi Techtex Ltd falling/rising?

As of 08-Jul, Rishi Techtex Ltd's stock price is 38.93, down 0.18% year-to-date with a significant decline of 16.10% compared to the Sensex. Despite a rise in investor participation, the stock remains below its moving averages, indicating a bearish trend.

As of 08-Jul, Rishi Techtex Ltd's stock price is currently at 38.93, reflecting a decrease of 0.07, or 0.18%. The stock has underperformed significantly over various time frames, with a year-to-date decline of 16.10% compared to a 10.23% drop in the benchmark Sensex. Over the past year, the stock has fallen by 31.34%, while the Sensex has only decreased by 8.61%. <BR><BR>Today, the stock has outperformed its sector by 2.02%, despite the overall packaging sector experiencing a decline of 2.02%. However, Rishi Techtex is trading below its moving averages across all time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. <BR><BR>On a more positive note, there has been a rise in investor participation, with delivery volume increasing by 16.12% compared to the 5-day average. Despite this increase in trading activity, the overall performance metrics suggest that the stock is currently in a downward trend, contributing to its falling price.

Which are the latest news on Rishi Techtex?

What does Rishi Techtex do?

Rishi Techtex Ltd manufactures and exports HDPE/PP woven sacks and shade nets, operating as a micro-cap company. As of March 2026, it reported net sales of 43 Cr and a market cap of INR 30 Cr.

Overview: <BR>Rishi Techtex Ltd is engaged in the manufacturing and export of HDPE/PP woven sacks and shade nets, operating within the packaging industry and classified as a micro-cap company.<BR><BR>History: <BR>Incorporated in 1984, Rishi Techtex Limited was formerly known as Rishi Packers Limited until it changed its name on March 3, 2011. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 43 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 30 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 12.00 <BR>Industry P/E: 18 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.83 <BR>Return on Equity: 6.80% <BR>Price to Book: 0.81 <BR><BR>Contact Details: <BR>Address: 612 Veena Killedar Indl Estate, 10/14 Pais Street Byculla (W) Mumbai Maharashtra : 400011 <BR>Tel: 91-022-23075677/23074585 <BR>Email: info@rishitechtex.com <BR>Website: http://www.rishitechtex.com

How big is Rishi Techtex?

As of 10th June, Rishi Techtex Ltd has a market capitalization of 30.00 Cr and reported net sales of 146.96 Cr and a net profit of 2.49 Cr over the latest four quarters.

As of 10th June, <BR><BR>Market Cap: Rishi Techtex Ltd has a market capitalization of 30.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 146.96 Cr, while the sum of Net Profit for the same period is 2.49 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is for March 2025, with Shareholder's Funds amounting to 34.14 Cr and Total Assets valued at 75.04 Cr.

Who are in the management team of Rishi Techtex?

The management team of Rishi Techtex includes Abhishek Patel (Executive Director and Managing Director), Aakanksha Patel (Non-Executive Director), Sheela Ayyar (Independent Executive Director), and Kunal Rastogi (Independent Executive Director).

The management team of Rishi Techtex includes the following individuals:<BR><BR>1. **Abhishek Patel** - Executive Director, Managing Director, and Promoter<BR>2. **Aakanksha Patel** - Non-Executive and Non-Independent Director<BR>3. **Sheela Ayyar** - Independent Executive Director<BR>4. **Kunal Rastogi** - Independent Executive Director<BR><BR>If you need more information about their roles or the company's activities, feel free to ask!

Who are the peers of the Rishi Techtex?

Rishi Techtex's peers include Pankaj Polymers, Polyspin Exports, Innovative Tech, Salguti Industri, Rajeshwari Cans, Radha Madh. Corp., Bulkcorp Inter., Guj. Raffia Inds, and Sati Poly. Management risks vary from below average to good, with Pankaj Polymers showing the highest 1-year return at 295.23%, while Rajeshwari Cans has the lowest at -91.92%.

Peers: The peers of Rishi Techtex are Pankaj Polymers, Polyspin Exports, Innovative Tech, Salguti Industri, Rajeshwari Cans, Radha Madh.Corp., Bulkcorp Inter., Guj. Raffia Inds, and Sati Poly.<BR><BR>Quality Snapshot: Below Average management risk is observed at Pankaj Polymers, Polyspin Exports, Innovative Tech, Salguti Industri, Radha Madh.Corp., Guj. Raffia Inds, and Uma Converter, while Average management risk is found at Rajeshwari Cans. Good management risk is noted at Bulkcorp Inter. In terms of Growth, Good growth is seen at Rajeshwari Cans, Bulkcorp Inter., and Sati Poly, while Below Average growth is present at Pankaj Polymers, Polyspin Exports, Innovative Tech, Salguti Industri, Radha Madh.Corp., Guj. Raffia Inds, and Uma Converter. Average Capital Structure is found at Rajeshwari Cans and Sati Poly, while Excellent Capital Structure is noted at Radha Madh.Corp., and Below Average Capital Structure is observed at Pankaj Polymers, Polyspin Exports, Innovative Tech, Salguti Industri, Guj. Raffia Inds, and Uma Converter.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Pankaj Polymers at 295.23%, while the peer with the lowest is Rajeshwari Cans at -91.92%. Rishi Techtex's own 1-year return is -34.43%, which is significantly better than Rajeshwari Cans but worse than Pankaj Polymers. Additionally, the six-month return is negative for Innovative Tech, Rajeshwari Cans, Guj. Raffia Inds, and Uma Converter.

Should I buy, sell or hold Rishi Techtex Ltd?

Are Rishi Techtex Ltd latest results good or bad?

Rishi Techtex Ltd's latest results show mixed performance, with a 22.82% revenue growth to ₹42.68 crores, but a concerning 56.48% year-on-year decline in net profit to ₹0.47 crores and a decrease in operating margin. Overall, the high tax rate and profitability challenges suggest significant hurdles for the company.

Rishi Techtex Ltd's latest results present a mixed picture, leaning towards the negative side. While the company achieved a notable quarter-on-quarter revenue growth of 22.82%, bringing net sales to ₹42.68 crores, its net profit remains a significant concern. The net profit of ₹0.47 crores represents a steep decline of 56.48% year-on-year, despite a slight increase of 2.17% from the previous quarter.<BR><BR>Additionally, the operating margin has decreased to 6.72% from 7.56% in the same quarter last year, indicating rising costs or pricing pressures. The effective tax rate of 56.48% is alarmingly high, raising serious questions about earnings quality and future profitability.<BR><BR>Overall, while revenue growth is a positive sign, the substantial drop in profitability, high tax burden, and ongoing operational challenges suggest that Rishi Techtex is facing significant hurdles. Investors may find these results concerning, as they reflect underlying issues that could impact the company's financial health moving forward.

When is the next results date for Rishi Techtex Ltd?

The next results date for Rishi Techtex Ltd is 29 May 2026.

The next results date for Rishi Techtex Ltd is scheduled for 29 May 2026.

How has been the historical performance of Rishi Techtex?

Rishi Techtex has shown steady growth in net sales and profits from Mar'20 to Mar'25, with net sales increasing from 76.22 Cr to 125.62 Cr and profit after tax rising from 1.00 Cr to 2.30 Cr, despite rising raw material costs and increased liabilities. The company's earnings per share improved significantly from 1.35 to 3.11 during the same period.

Answer:<BR>The historical performance of Rishi Techtex shows a steady growth in net sales and profit over the years, with significant fluctuations in various expenses and margins.<BR><BR>Breakdown:<BR>Rishi Techtex's net sales have increased from 76.22 Cr in Mar'20 to 125.62 Cr in Mar'25, reflecting a consistent upward trend. Total operating income has followed a similar trajectory, rising from 83.97 Cr in Mar'19 to 125.62 Cr in Mar'25. However, raw material costs have also escalated, reaching 87.39 Cr in Mar'25 from 54.57 Cr in Mar'20. The operating profit (PBDIT) has improved from 6.48 Cr in Mar'20 to 8.89 Cr in Mar'25, indicating better operational efficiency despite rising costs. Profit before tax has shown a notable increase, climbing from 2.22 Cr in Mar'20 to 3.38 Cr in Mar'25, while profit after tax has also risen from 1.00 Cr to 2.30 Cr in the same period. The company's earnings per share have significantly improved from 1.35 in Mar'20 to 3.11 in Mar'25, showcasing enhanced profitability for shareholders. On the balance sheet, total assets have grown from 59.87 Cr in Mar'20 to 75.04 Cr in Mar'25, while total liabilities have increased from 19.57 Cr to 24.02 Cr, indicating a rise in debt levels. Cash flow from operating activities has remained stable, with a slight decrease in cash flow from investing activities, reflecting ongoing investments in the business. Overall, Rishi Techtex has demonstrated a positive growth trajectory in sales and profits, despite challenges related to rising costs and liabilities.

Is Rishi Techtex overvalued or undervalued?

As of November 12, 2025, Rishi Techtex is considered undervalued with a PE ratio of 11.95 and strong returns, positioning it favorably against peers like Garware Hi Tech and AGI Greenpac, despite recent underperformance relative to the Sensex.

As of 12 November 2025, Rishi Techtex's valuation grade has moved from very attractive to attractive, indicating a shift in market perception. The company is currently assessed as undervalued, with a PE ratio of 11.95, an EV to EBITDA of 6.27, and a PEG ratio of 0.14, all suggesting that the stock is trading below its intrinsic value relative to earnings growth potential. <BR><BR>In comparison to its peers, Rishi Techtex's valuation metrics are notably lower; for instance, Garware Hi Tech has a PE ratio of 25.06 and an EV to EBITDA of 17.44, while AGI Greenpac shows a PE of 14.57 and an EV to EBITDA of 9.07. This positions Rishi Techtex favorably within the packaging industry, especially considering its strong return on capital employed (ROCE) of 10.02% and return on equity (ROE) of 8.64%. Despite recent underperformance relative to the Sensex over the past year, the long-term returns of 206.69% over five years highlight the potential for recovery and growth.

What is the technical trend for Rishi Techtex?

As of June 4, 2025, Rishi Techtex shows a mildly bearish trend overall, influenced by daily moving averages and a monthly MACD, despite some mixed signals from weekly indicators like the MACD and Bollinger Bands.

As of 4 June 2025, the technical trend for Rishi Techtex has changed from sideways to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD is mildly bearish, suggesting mixed signals. The moving averages on the daily timeframe are mildly bearish, reinforcing the current trend. Bollinger Bands are mildly bullish on both weekly and monthly timeframes, which adds some support. The KST shows a mildly bullish signal weekly but is mildly bearish monthly. Overall, the technical stance is mildly bearish, driven primarily by the daily moving averages and the monthly MACD.

Who are the top shareholders of the Rishi Techtex?

The top shareholders of Rishi Techtex include Abhishek Harshad Patel with 13.76%, Centennial Finance Ltd at 6.9%, and individual investors holding 54.5%. There are no mutual funds or foreign institutional investors involved, and no pledged promoter holdings.

The top shareholders of Rishi Techtex include Abhishek Harshad Patel, who holds the highest promoter stake at 13.76%. The highest public shareholder is Centennial Finance Ltd, with a holding of 6.9%. Additionally, individual investors collectively hold 54.5% of the company's shares. There are no mutual funds or foreign institutional investors currently holding shares in the company, and there are no pledged promoter holdings.

Has Rishi Techtex declared dividend?

No Dividend History Available