Financial Results
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ravelcare Ltd reported audited standalone financial results for FY2026 with an unmodified (clean) audit opinion from Ratan Chandak & Co. LLP. The company re-appointed M/s Mahesh Dhabalia & Co. as internal auditors for FY2026-27. Total assets and equity nearly tripled from ₹1162.44 Lakh to ₹3762.62 Lakh. Share capital increased from ₹500.50 Lakh to ₹685.90 Lakh, and reserves surged significantly from ₹535.85 Lakh to ₹3054.94 Lakh. Notably, trade receivables jumped dramatically from ₹247.61 Lakh to ₹7105.61 Lakh. The company maintains zero debt (no long-term or short-term borrowings). Half-year figures are derived from audited full-year and H1 FY2026 data.
The tripling of balance sheet size indicates either significant business expansion, fresh capital infusion, or revaluation of assets. Zero debt and growing reserves are positives. However, the massive jump in trade receivables relative to revenue may warrant closer monitoring of cash collection efficiency and revenue quality.