Unaudited financial results for the quarter ended 30-09-2025 along with limited review report
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and in line with its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Remi Edelstahl Tubulars reported Q2 FY26 revenue from operations of ₹3,344 lakhs, up about 6.7% YoY from ₹3,135 lakhs. Net profit after tax fell roughly 18% to ₹103.14 lakhs (₹125.83 lakhs last year), with EPS at ₹0.94 vs ₹1.15. For H1 FY26, revenue rose ~17.5% to ₹6,007 lakhs while PAT slipped ~15% to ₹124 lakhs, indicating margin compression. Operating cash flow swung sharply negative to -₹499 lakhs (vs +₹956 lakhs in H1 FY25), with the shortfall funded by fresh borrowings — short-term loans surged from ₹596 lakhs to ₹2,147 lakhs. The board also disclosed a related-party loan exposure of about ₹2,982 lakhs to associate companies, and a preferential allotment of ~9.6 lakh shares plus 6.7 lakh convertible warrants at ₹129.33 per share on October 20, 2025. The auditor (Sundarlal Desai & Kanodia) issued an unmodified limited review report.
Revenue growth is positive, but shrinking PAT margins and a steep swing to negative operating cash flow — plugged with heavy short-term borrowings — signal working-capital strain. Shareholders should watch the large related-party loans and the equity dilution from the preferential issue.