In continuation of our letter dated 15th May 2026, we wish to inform you that the Board of Directors of the Company, at its meeting held today, i.e., 22nd May 2026 has inter alia approved ....
RVTH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Revathi Equipment India reported audited standalone PAT of Rs 13.37 crore for FY2026, down 33.7% from Rs 20.18 crore in FY2025. Revenue from operations declined 21.9% to Rs 139.44 crore from Rs 178.53 crore. The company posted negative operating cash flows of Rs 30.34 crore, a significant deterioration from Rs 27.87 crore positive in the prior year, primarily due to a Rs 35.26 crore increase in trade receivables and Rs 22.83 crore decrease in other current liabilities. Short-term borrowings nearly doubled to Rs 67.65 crore. The Board did not recommend any dividend for FY2026. Statutory auditors issued an unmodified (clean) opinion. An exceptional charge of Rs 0.25 crore was recorded for one-time provision under new labour codes.
The sharp revenue decline and negative operating cash flows indicate working capital stress. Doubling of borrowings to fund operations raises liquidity concerns. Despite clean audit, investors should monitor debt levels and cash conversion cycle.