This is to inform that the Board of Directors of the Company at its meeting held today, i.e., Wednesday, November 12, 2025, have inter-alia considered and approved the following: 1. Un-audited ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ramsons Projects' board, meeting on November 12, 2025, approved the unaudited standalone results for Q2 and H1 FY26 (ended September 30, 2025). H1 FY26 revenue from operations was ₹639.91 lakhs and total income ₹673.96 lakhs, with profit after tax of ₹527.38 lakhs (vs ₹27.38 lakhs in H1 FY25) and EPS of ₹18.01 (vs ₹0.91 in H1 FY25). The board also approved a remuneration of ₹18 lakh per annum for Managing Director Mr. Yogesh Kumar Sachdeva effective November 1, 2025, capped at 5% of net profits. A key structural change: the company voluntarily surrendered its NBFC license, which was approved by the RBI on September 17, 2025, and is now classified as a non-NBFC entity. Income is now primarily from real estate operations, and the previous NBFC standard-asset provision of ₹0.84 lakhs was written back. Investments rose sharply to ₹548.12 lakhs (from ₹49.29 lakhs), including a ₹500 lakh capital contribution in an LLP, while cash and equivalents stood at ₹1,279.21 lakhs.
Headline H1 FY26 PAT surged nearly 19x year-on-year, largely driven by a one-time gain on sale of TDR (Transferable Development Rights) of ₹639.91 lakhs, so the spike may not be recurring. Shareholders should note that operating cash flow turned negative at ₹(73.14) lakhs in H1 FY26, even as balance sheet cash remained healthy, and the NBFC-to-non-NBFC shift marks a meaningful change in the company's business profile going forward.