Outcome of Board Meeting held today i.e Saturday 30th May, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rajnish Wellness Ltd reported audited FY26 results with revenue surging 192% to Rs 14,175.23 lakhs from Rs 4,856.11 lakhs in FY25. However, the company swung to a net loss of Rs 628.72 lakhs compared to a profit of Rs 17.30 lakhs in the prior year. The cost of materials consumed nearly matched total revenue at Rs 14,116.93 lakhs, indicating extremely thin gross margins. Operating cash flow turned sharply negative at Rs 865.14 lakhs due to a large working capital buildup including Rs 318.49 lakhs increase in other current assets. The auditors issued an unmodified opinion but drew attention (Emphasis of Matter) to a Rs 9.70 crore write-off of sundry debtors considered irrecoverable. The board did not recommend any dividend for FY26.
The stock may come under pressure as revenue growth was overshadowed by a steep loss and negative operating cash flow, suggesting the rapid revenue expansion is not translating into profitable operations. The large bad debt write-off also raises concerns about receivables quality.