This Industrial Control Products Company Secures Euro €1 Million Contract with European Electrical Equipment Supplier

Rishabh Instruments Limited, a global provider of energy efficiency and measurement solutions headquartered in Nashik, India, has secured a significant Euro €1 million (approximately Rs 10 crore) contract from a leading electrical equipment supplier in Europe. The agreement covers the supply of Low Voltage Current Transformers (CTs), with deliveries scheduled evenly across Financial Year 2026 (FY26) and Financial Year 2027 (FY27).

The contract marks a strategic win for RIL, reflecting several months of close technical collaboration and the development of a customised solution tailored to the client’s operational and engineering requirements. As a recognised global leader in the low-voltage CT segment, this achievement strengthens RIL’s broader international expansion strategy and reinforces its position as a preferred partner for high-performance, reliable, and energy-efficient measurement technologies.

According to Mr. Dineshkumar Musalekar, Whole-Time Director of Rishabh Instruments Limited, the Euro €1 million order underscores the company’s precision engineering expertise and its ability to co-create advanced solutions with global customers. He emphasised that the contract aligns with RIL’s long-term goal of expanding its global footprint through value-driven, performance-focused offerings.

The collaboration is expected to bolster RIL’s presence in Europe’s evolving energy ecosystem and contribute to the company’s long-term international growth. The contract also supports RIL’s ambition to enhance its reach across global markets that prioritise efficiency, reliability, and advanced instrumentation.

About Rishabh Instruments Limited
Founded in 1982, Rishabh Instruments Limited specialises in the design, development, and manufacturing of global energy efficiency and measurement solutions. Its product portfolio spans electrical instrumentation, industrial automation, metering and measurement systems, and precision-engineered components. The company is a global leader in analog panel meters and ranks among the top global manufacturers of low voltage current transformers.

RIL operates through vertically integrated manufacturing facilities across India, Poland, and China, supported by extensive domestic and international sales networks. With 5 international and 8 domestic offices, along with over 350 authorised global dealers and stockists, the company serves customers in more than 70 countries, including the USA, UK, Europe, and the Middle East.

The stock price of the company has given multibagger returns of 105 per cent from its 52-week low.

Disclaimer: The article is for informational purposes only and not investment advice.