Outcome of Board Meeting held on May 16, 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rishiroop Ltd's Board approved audited financial results for Q4 and FY ended March 31, 2026. Total revenue from operations declined to Rs 7,198.97 lakhs from Rs 7,436.11 lakhs in the previous year, marking approximately 3.2% revenue decline. Net profit for FY26 stood at Rs 916.36 lakhs compared to Rs 1,012.72 lakhs in FY25, representing about 9.5% decline. EPS for the year is Rs 11.64. The statutory auditor Jayesh Dadia & Associates LLP issued an unmodified opinion on the financials. The Board recommended a dividend of Rs 1.50 per equity share (15% payout) subject to shareholder approval. The company also re-appointed Laxmikant Kabra & Co. LLP as internal auditors for FY 2026-27. Note: Labour code implementation resulted in an increase in gratuity and leave liability by Rs 12.01 lakhs due to past service cost.
Revenue and profit both declined year-on-year, indicating pressure on profitability. However, the company maintains positive cash flows from operations (Rs 331.04 lakhs) and continues to reward shareholders with dividend payout. The clean audit opinion provides confidence in financial reporting quality.