Outcome of Board meeting held today.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Riba Textiles Limited reported audited standalone financial results for the quarter and year ended March 31, 2026. Revenue from operations declined to ₹25,537.89 Lacs from ₹29,585.89 Lacs in the previous year, representing a revenue decline of approximately 13.7%. However, profit after tax (PAT) decreased only marginally to ₹812.63 Lacs from ₹849.97 Lacs, a decline of about 4.4%. The company achieved positive operating cash flow of ₹2,808.13 Lacs, significantly up from ₹1,760.50 Lacs in the prior year. Total assets increased to ₹21,802.61 Lacs, while borrowings rose to ₹7,587.67 Lacs (current + non-current). Inventories increased substantially to ₹3,984.54 Lacs from ₹2,516.15 Lacs. Basic and diluted EPS stood at ₹8.42 compared to ₹8.81 in FY2025. Statutory auditors Ashwani K Sindwani & Co. issued an unmodified audit opinion.
The stock may face pressure due to revenue decline, but the strong operating cash flow generation and maintained profitability provide some support. Higher borrowings and inventory buildup warrant monitoring.