BSERasandik Engineering Industries India Ltd-$· Auto ComponentsHighNeutral
Announced Wed, 20 May, 2026 · 16:15 IST

Submission of Audited Financial Result for the Quarter and Year ended March 31, 2026

Going ConcernPat NegativeExceptional ItemEmphasis Of MatterContingent Liabilities IncreasedResults View source PDFExplain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
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₹67.41
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Nifty Microcap 250market · in no size index; the smallest one is used+1.1%-0.9% vs market
Auto Components & Equipments peers, median of 114sector+1.0%-0.7% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 0.7 pts less than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Rasandik Engineering Industries reported revenue from operations of ₹6,767.78 lakhs for FY2026, up 8.8% from ₹6,217.64 lakhs in FY2025. However, the company continues to incur losses with a net loss of ₹669.14 lakhs (vs ₹558.48 lakhs loss in previous year), though loss before tax improved significantly from ₹1,341.50 lakhs to ₹654.58 lakhs. The company has significant net current liabilities of ₹1,567.95 lakhs and auditors issued an unmodified opinion while noting going concern basis. Exceptional items in FY2025 included a ₹925.80 lakh loss. The company is monetizing non-current assets held for sale (plant equipment) for ₹400 lakhs and has contingent liabilities of ₹746.63 lakhs related to unfulfilled export obligations under EPCG license scheme.

Likely market impact

The company remains loss-making with negative EPS of ₹11.20, though operational performance improved. The significant working capital deficit and contingent liabilities from EPCG obligations remain key risks for shareholders despite the auditor's clean opinion.