Outcome of Board Meeting_Audited Financial Results_31.03.2026
RHETAN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rhetan TMT Limited reported audited FY2026 results with clean (unmodified) audit opinion from GMCA & Co. Revenue from operations fell to Rs 2444.07L from Rs 3716.48L in FY2025 — a ~34% revenue decline likely due to weak steel/TMT demand. However, profit after tax surged to Rs 1029.78L from Rs 494.90L (108% growth), boosted by a large other income of Rs 851.65L (mostly interest income on loans given, up from Rs 342.83L). EPS improved from Rs 0.06 to Rs 0.18. Total comprehensive income was Rs 1463.01L vs Rs 494.90L, partly due to Rs 433.23L of other comprehensive income. Borrowings nearly tripled to Rs 4172.84L (from Rs 2200.63L), and operating cash flow dropped sharply to Rs 134.43L from Rs 497.41L, indicating tighter liquidity despite higher profitability.
The sharp revenue decline is a concern, but strong PAT growth and clean audit signal underlying operational turnaround. The tripling of debt and falling operating cash flow are red flags for financial risk, which shareholders should monitor closely.