Rishi Techtex

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.

how big is Rishi Techtex?

As of October 2023, Rishi Techtex Ltd has a market capitalization of 44.00 Cr, with recent net sales of 125.62 Cr and a net profit of 2.31 Cr over the last four quarters. Shareholder's funds are 31.85 Cr, and total assets amount to 72.24 Cr.

Market Cap: Rishi Techtex Ltd has a market capitalization of 44.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes data from Mar'25, Dec'24, Sep'24, and Jun'24, is 125.62 Cr. The sum of Net Profit for the same period is 2.31 Cr. This data is based on Standalone financials.<BR><BR>Balance Sheet Snapshot: This is based on Standalone data for the latest annual period ending in Mar'24. The Shareholder's Funds are reported at 31.85 Cr, and the Total Assets amount to 72.24 Cr.

Who are in the management team of Rishi Techtex?

As of March 2023, the management team of Rishi Techtex includes Abhishek Patel (Executive Director/Managing Director), Aakanksha Patel (Non-Executive Director), Sheela Ayyar (Independent Executive Director), and Kunal Rastogi (Independent Executive Director). Only Abhishek Patel receives remuneration, amounting to Rs. 1.19 crore, while the other directors do not receive any pay.

As of March 2023, the management team of Rishi Techtex includes:<BR><BR>1. Abhishek Patel - Executive Director / Managing Director / Promoter<BR>2. Aakanksha Patel - Non-Executive & Non-Independent Director<BR>3. Sheela Ayyar - Independent Executive Director<BR>4. Kunal Rastogi - Independent Executive Director<BR><BR>Abhishek Patel is the only member with a remuneration of Rs. 1.19 crore, while the other directors do not receive any remuneration.

Has Rishi Techtex declared dividend?

No Dividend History Available

Who are the peers of the Rishi Techtex?

Rishi Techtex's peers include EPL Ltd, AGI Greenpac, Uflex, Polyplex Corpn, TCPL Packaging, Polyspin Exports, Guj. Raffia Inds, Sati Poly, and Boss Packaging. Rishi Techtex has below-average management risk, growth, and capital structure, with a 1-year return of 8.84%.

Peers: The peers of Rishi Techtex are EPL Ltd, AGI Greenpac, Uflex, Polyplex Corpn, TCPL Packaging, Polyspin Exports, Guj. Raffia Inds, Sati Poly, and Boss Packaging.<BR><BR>Quality Snapshot: Excellent management risk is observed at Boss Packaging, while Good management risk is found at EPL Ltd and TCPL Packaging. Average management risk is present at AGI Greenpac, Uflex, and Polyplex Corpn, and the rest have Below Average management risk, including Rishi Techtex, Polyspin Exports, Guj. Raffia Inds, and Sati Poly. Growth is Excellent at Sati Poly, Good at TCPL Packaging, Average at AGI Greenpac, and the rest have Below Average growth, including Rishi Techtex, Uflex, Polyspin Exports, and Guj. Raffia Inds. Capital Structure is Excellent at Polyplex Corpn, Good at EPL Ltd and Guj. Raffia Inds, Average at TCPL Packaging, and the rest have Below Average capital structure, including Rishi Techtex, Uflex, Polyspin Exports, and Sati Poly.<BR><BR>Return Snapshot: Polyplex Corpn has the highest 1-year return at 66.89%, while Polyspin Exports has the lowest at -19.36%, with Rishi Techtex's return at 8.84% being significantly lower than Polyplex Corpn's but higher than Polyspin Exports'. Additionally, Uflex, Guj. Raffia Inds, and Polyspin Exports have negative six-month returns.

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.

What does Rishi Techtex do?

Rishi Techtex Ltd is a micro-cap company specializing in the manufacturing and export of HDPE/PP woven sacks and shade nets within the packaging industry. Incorporated in 1984, it reported net sales of 356 Cr and a net profit of 11 Cr for the quarter ending March 2025.

Overview: <BR>Rishi Techtex Ltd is a leading science-driven technical textile company 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 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 356 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 11 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 41 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>P/E: 18.00 <BR>Industry P/E: 20 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.67 <BR>Return on Equity: 6.77% <BR>Price to Book: 1.19 <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

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.

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.

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.

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.

Should I buy, sell or hold Rishi Techtex Ltd?

Why is Rishi Techtex Ltd falling/rising?

As of 03-Jun, Rishi Techtex Ltd's stock price is at Rs 35.94, down 7.11% and has underperformed its sector. The stock has shown a significant decline over various time frames, indicating a bearish trend despite increased investor participation.

As of 03-Jun, Rishi Techtex Ltd's stock price is falling, currently at Rs 35.94, which reflects a decrease of Rs 2.75 or 7.11%. The stock has underperformed its sector by 5.51% today and has been on a consecutive decline for the last two days, resulting in a total drop of 9.34% during this period. Additionally, the stock has shown significant negative performance over various time frames, including a 1-month decline of 13.92% and a year-to-date drop of 22.54%. <BR><BR>The stock is trading below its moving averages across multiple time frames, indicating a bearish trend. It also reached an intraday low of Rs 35.6, which is a decrease of 7.99%. While there has been an increase in investor participation, with delivery volume rising by 263.67% compared to the 5-day average, this has not been sufficient to counteract the overall downward pressure on the stock price. Overall, the combination of recent performance, moving averages, and the stock's underperformance relative to the sector contributes to the observed decline in Rishi Techtex Ltd's stock price.

Which are the latest news on Rishi Techtex?