Rishi Laser MD, chairman, board of directors and AGM
BSE: 526861Industrial ManufacturingSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹140.95.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹135 Cr2,848th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 13 Aug 2026
- 56.1
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹0.56 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 45.5
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
- Shares changed
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 13 Aug 2026
- 3.3%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹0.56 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 4.0%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 13 Aug 2026
- 6.4%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 28 May 2026
- 0.44
- Volume, BSEVolume. Shares traded on the last trading day.
- 23,586
Rishi Laser board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorHARSHAD BHAVANBHAI PATEL
4 directors2 independent1 executive1 non-executive
- HARSHAD BHAVANBHAI PATEL · Chairperson and managing directorExecutive · joined Apr 2011 · reappointed Sep 2022 · 1 listed board · 1 committee seat
- MAHESHKUMAR ARJANBHAI SOLANKINon-executive · joined Jun 2021 · 1 listed board · 1 committee seat
- KIRTI DILIP RATHODIndependent · joined Aug 2024 · 22 months as independent · 1 listed board · 1 as independent · 2 committee seats
- SHEELA MOHAN AYYARIndependent · joined Sep 2019 · reappointed Aug 2024 · 81 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 28 May 20263 of 4 present1 independent · 103 days in between
- 13 Feb 20264 of 4 present2 independent
Audit Committee
Chair SHEELA MOHAN AYYAR
HARSHAD BHAVANBHAI PATEL, KIRTI DILIP RATHOD
- 28 May 20262 of 3 present1 independent · 103 days in between
- 13 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair SHEELA MOHAN AYYAR
MAHESHKUMAR ARJANBHAI SOLANKI, KIRTI DILIP RATHOD
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair SHEELA MOHAN AYYAR
MAHESHKUMAR ARJANBHAI SOLANKI, KIRTI DILIP RATHOD
No meeting listed in the filing.
FINANCE COMMITTEE
Chair HARSHAD BHAVANBHAI PATEL
SHEELA MOHAN AYYAR, KIRTI DILIP RATHOD
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- M/s. Shah Mehta and BakshiPeer-review certificate valid to Jul 2028
1 earlier auditor
- M/s Shah Mehta & BakshiNamed in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Rishi Laser AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Rishi Laser dividend history
Annual general meeting, 25 Sep 2026
4,441 shareholders on the register on 18 Sep 2026; present: 3 promoters and 57 others; votes counted by Sudhanwa S Kalamkar / Sudhanwa S Kalamkar and Associates.The company's voting result (opens in a new tab)
- To consider and adopt the Audited Financial Statements of the Company for the Financial Year ended 31st March 2026 and the report of the Board of Directors and Auditors thereon.Ordinary94.67% for5.33% against
Against: promoters 0.00% · institutions 0.00% · other public 23.49%
Turnout: all 20.02% · promoters 96.03% · institutions 0.00% · other public 5.41%
- To appoint a director in place of Mr. Mahesh Solanki (DIN 09213491), who retires by rotation, and being eligible, offers himself for re-appointment.Ordinary94.67% for5.33% against
Against: promoters 0.00% · institutions 0.00% · other public 23.51%
Turnout: all 20.02% · promoters 96.03% · institutions 0.00% · other public 5.41%
- Ratification by Members for payment of remuneration to the Cost Auditors.Ordinary94.67% for5.33% against
Against: promoters 0.00% · institutions 0.00% · other public 23.49%
Turnout: all 20.02% · promoters 96.03% · institutions 0.00% · other public 5.41%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesSep 2024 | 12.00 | funding capital expenditure for expansion, working capital requirements, general corporate purpose | 12.00 | 3.00 | No |