RHETANBSERhetan TMT LtdHighNeutral
Announced Sat, 2 May · 17:20 IST

Results-Financial Results for March 31, 2026

Pat Growth 25pctRevenue DeclineResults View source PDF

RHETAN · price

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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
-14.7%1-day move
₹29.35
prior close
₹30.75
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.0-1.5-1.4-1.8-14.7-10.7-8.5-8.7-9.3-9.2+0.6+5.2-7.3
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AI summary

Rhetan TMT Limited reported audited results for FY2026. Revenue from operations declined significantly to Rs. 2,444.07 lakh from Rs. 3,716.48 lakh in the prior year (~34% decline). However, profit after tax more than doubled to Rs. 1,029.78 lakh from Rs. 494.90 lakh in FY2025. Other comprehensive income included Rs. 433.23 lakh from FVOCI investments reclassification. The company first adopted Ind AS from April 1, 2024. Total comprehensive income for the year stood at Rs. 1,463.01 lakh. Borrowings increased substantially to Rs. 4,172.84 lakh (non-current + current) from Rs. 2,200.63 lakh in prior year. Statutory auditors GMCA & Co. issued an unmodified opinion with no qualifications or emphasis of matter.

Likely market impact

Despite a sharp revenue decline, the company's profitability improved significantly due to better cost efficiency and other income. The sharp increase in borrowings warrants monitoring. Clean audit opinion provides assurance on financial reporting quality.