RKDLNSERavi Kumar Distilleries Limited· Brew/DistilleriesHighNeutral
Announced Mon, 25 May · 17:40 IST

Ravi Kumar Distilleries Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Qualified OpinionRevenue DeclineGoing ConcernPat NegativeContingent Liabilities IncreasedExceptional ItemResults View source PDF

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

Price reaction · full curve 14 horizons · vs prior close
+2.4%1-day move
₹21.00
prior close
₹21.90
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AI summary

Ravi Kumar Distilleries reported annual revenue of Rs. 5,421.88 Lakhs, down ~28% from Rs. 7,483.73 Lakhs in the prior year. Profit after tax stood at Rs. 13.68 Lakhs (vs Rs. 13.22 Lakhs), but this includes an exceptional item gain of Rs. 109.67 Lakhs from writing back old creditor balances, offset by Rs. 109.67 Lakhs inventory write-off for expired IMFL stock. The auditors issued a qualified opinion citing five material issues: disputed recoverable amounts of Rs. 2,900.25 Lakhs (no ECL provision made), contested investment in Liquor India Limited, unconfirmed trade receivables/creditors, and pending statutory dues of Rs. 266.33 Lakhs without interest provisions. Had the recommended provisions been made, the company would report a net loss of Rs. 3,338.11 Lakhs with net worth reduced to just Rs. 852.03 Lakhs.

Likely market impact

The stock faces significant risk as the qualified opinion raises material uncertainty over asset recoverability and the company's true financial health. The adjusted loss position and severely eroded adjusted net worth of Rs. 852 Lakhs signal substantial going concern risk for shareholders.