Pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (''Listing Regulations''), we would like to intimate that the Board of ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Relicab Cable Manufacturing Ltd reported audited financial results for FY2025-26. Revenue from operations grew significantly by 61% to ₹642.06 crore from ₹398.33 crore in the previous year. However, profit after tax declined to ₹187.76 lakhs from ₹191 lakhs in FY25. The company operates in a single segment (cables). The auditors from Jain Jagawat Kamdar & Co issued an unmodified opinion but included an Emphasis of Matter paragraph highlighting concerns about the company's internal control systems - specifically the lack of adequate systems for reconciling deposits, advances, and receivables/payables. The auditors also noted incomplete evaluation of new Labour Code impacts and insufficient documentation for MSME creditor classification. Long-term borrowings more than doubled to ₹1,462.56 lakhs from ₹689.02 lakhs.
Strong top-line growth but declining profitability and margin compression signal operational efficiency concerns. The Emphasis of Matter regarding weak internal controls and audit evidence deficiencies raises red flags for investors regarding financial reporting reliability and transparency.