Outcome of the Board meeting of the Company held on 30th May 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ameenji Rubber Ltd's Board approved audited financial results for FY26 ending March 31, 2026. Consolidated revenue grew 31% to ₹12,325 lakhs from ₹9,405 lakhs, driven by domestic sales of ₹12,106 lakhs. However, profit after tax declined 17.5% to ₹634 lakhs from ₹768 lakhs, primarily due to a sharp drop in high-margin export sales from ₹1,027 lakhs to ₹219 lakhs. EBITDA margin compressed from ~19.6% to ~15.6%. The company listed on BSE SME platform in October 2025 via IPO raising ₹3,000 lakhs, with ₹2,500 lakhs utilized by March 2026 with no deviation. Statutory auditors M/s M M Reddy & Co issued unmodified opinions. The board also appointed M/s Surya Bhargav & Associates as secretarial auditor for FY25-26.
The revenue growth demonstrates strong business expansion, but the decline in profitability and margin compression due to lower export sales is a concern. The clean audit opinion and proper IPO fund utilization are positives. Existing shareholders should note that EPS declined from ₹9.28 to ₹5.62 due to both lower profits and increased share count post-IPO.