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Rishi Laser Ltd vs Welcast Steels Ltd Stock Comparison

Rishi Laser Ltd vs Welcast Steels Ltd Stock Comparison

Last Updated on: May 06, 2026

Key Highlights

  • The Latest Trading Price of Rishi Laser Ltd is ₹ 116.25 as of 06 May 15:30 . The P/E Ratio of Rishi Laser Ltd is 0 as of March 2021 .The P/E Ratio of Welcast Steels Ltd is 0 as of March 2021 . The Market Cap of Rishi Laser Ltd is ₹ 9.76 crore as of March 2021 .The Market Cap of Welcast Steels Ltd is ₹ 0 crore as of March 2021 . The revenue of Rishi Laser Ltd for the Dec '25 is ₹ 36.73 crore as compare to the Sep '25 revenue of ₹ 42.94 crore. This represent the decline of -14.46% The revenue of Welcast Steels Ltd for the Dec '25 is ₹ 3.01 crore as compare to the Sep '25 revenue of ₹ 21.01 crore. This represent the decline of -85.67% The ebitda of Rishi Laser Ltd for the Dec '25 is ₹ 2.71 crore as compare to the Sep '25 ebitda of ₹ 4.27 crore. This represent the decline of -36.53% The ebitda of Welcast Steels Ltd for the Dec '25 is ₹ -2.96 crore as compare to the Sep '25 ebitda of ₹ -3.21 crore. This represent the decline of -7.79% The net profit of Rishi Laser Ltd changed from ₹ 1.63 crore to ₹ 0.05 crore over 7 quarters. This represents a CAGR of -86.34% The net profit of Welcast Steels Ltd changed from ₹ -0.58 crore to ₹ -3.16 crore over 7 quarters. This represents a CAGR of 163.46% The Dividend Payout of Rishi Laser Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe Dividend Payout of Welcast Steels Ltd changed from 6.06 % on March 2023 to 0 % on March 2025 . This represents a CAGR of -100.00% over 3 years .

About Rishi Laser Ltd

  • Rishi Laser Limited was incorporated on 20th April 1992 under the name Alandi Metapress Pvt.
  • Ltd. The Company was converted to a Public Limited Company on 30th June 1993.
  • The name of the Company was then changed to Rishi Laser Cutting Limited to have a group synergy and the Certificate of Change of Name was obtained on 6th July 1993.
  • In 2007, Company name was changed to Rishi Laser Ltd. The Company is engaged in manufacturing of Fabrication of sheet Metal components and machines.
  • The Company offers parts for excavating machines, and manufactures steel fabrications and assemblies fora range of engineering industries.

About Welcast Steels Ltd

  • Incorporated in February, 1972, Welcast Steels Ltd (WSL) manufactures and markets a wide range of High Chrome Grinding Media Balls which are used in the process of Crushing/Grinding in the Cement, Mining and Thermal Power Plants.
  • At present, the Company's manufacturing capacity is 42,000 p.a. of High Chrome Grinding Media Balls. The Company employs alloy-casting process for manufacture of the products, which require designing of alloys in relation to end application.
  • The casting process is followed by precision heat treatment to develop required end properties.
  • Therefore, Company can generally be classified as a foundry.
  • Since the Company's products are used in the cement, mining and thermal power plants, the market prospects are linked with the requirement of these industries. The Indian Cement Industry has been facing excess capacity in the recent past due to sluggish demand.

FAQs for the comparison of Rishi Laser Ltd and Welcast Steels Ltd

Which company has a larger market capitalization, Rishi Laser Ltd or Welcast Steels Ltd?

Market cap of Rishi Laser Ltd is 92 Cr while Market cap of Welcast Steels Ltd is 46 Cr

What are the key factors driving the stock performance of Rishi Laser Ltd and Welcast Steels Ltd?

The stock performance of Rishi Laser Ltd and Welcast Steels Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Rishi Laser Ltd and Welcast Steels Ltd?

As of May 6, 2026, the Rishi Laser Ltd stock price is INR ₹101.1. On the other hand, Welcast Steels Ltd stock price is INR ₹730.0.

How do dividend payouts of Rishi Laser Ltd and Welcast Steels Ltd compare?

To compare the dividend payouts of Rishi Laser Ltd and Welcast Steels Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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