Intimation enclosed
RCF · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
RCF reported strong FY2026 results with revenue from operations rising 9.1% to Rs 18,480 crore (FY25: Rs 16,934 crore) and PAT surging 77.9% to Rs 429.81 crore (FY25: Rs 241.63 crore). Q4 standalone PAT grew even more sharply at 159.7% YoY to Rs 188.63 crore. The auditors issued an unmodified (clean) opinion with emphasis of matter notes on: (i) title deed documentation gaps for self-constructed buildings at Trombay and Thai units, and (ii) an ongoing gas pooling dispute with GAIL/DoF over EPMC/Spot gas pricing for urea operations with total disputed/pending exposure of approximately Rs 204 crore. The Board declared a final dividend of Rs 1.34 per share (in addition to an interim dividend of Rs 1.00 already paid). Exceptional items of Rs 45.10 crore relate to recognition of Development Rights Certificate from MCGM for surrendered land.
Strong profitability growth and clean audit opinion are positives for investors. However, the gas pooling dispute and property title deed issues carry contingent risk and are being closely monitored by auditors as emphasis of matter items.