Annual Report for the Financial Year 2024-2025 along with Notice of 41st Annual General Meeting of the Company.
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Rishi Techtex, an India-based technical textiles manufacturer, has filed its 41st Annual Report for FY 2024-25 along with the AGM notice. Revenue grew 12.43% to ₹12,562.23 Lakhs from ₹11,173.57 Lakhs in FY24. Profit After Tax surged 70.54% to ₹229.94 Lakhs from ₹134.83 Lakhs, while EBITDA rose 16.74% to ₹888.72 Lakhs. EBITDA margin expanded from 6.81% to 7.07%, PAT margin improved from 1.21% to 1.83%, and ROCE rose from 13.05% to 16.32%. Debt-equity ratio improved to 0.91 from 0.96, with loan funds reducing to ₹366.53 Lakhs. EPS jumped to ₹3.11 from ₹1.82. The 41st AGM is scheduled for 11th August 2025 via video conferencing, with key agenda items including approval of a material related party transaction with Centennial Fabrics Limited (up to ₹75 crore), appointment of Sudhanwa S. Kalamkar & Associates as Secretarial Auditors for 5 years, and re-appointment of Mr. Abhishek Patel as Managing Director for 3 years from April 2026.
Strong FY25 performance with sharp PAT growth and margin expansion signals operational improvement and could be viewed positively by shareholders. Shareholders will vote on a sizable ₹75 crore related-party transaction with Centennial Fabrics, which is a key point to watch at the AGM.