Submission of unaudited financial results for quarter and half year ended September 30, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rodium Realty reported a strong turnaround in H1 FY26 on a consolidated basis, with revenue from operations rising to Rs 2,890.49 lakhs (up ~29% from Rs 2,246.05 lakhs in H1 FY25) and profit after tax swinging to Rs 447.80 lakhs from a loss of Rs 183.10 lakhs. On a standalone basis, H1 revenue nearly doubled to Rs 548.92 lakhs and PAT was Rs 305.40 lakhs versus a loss of Rs 122.72 lakhs. Q2 consolidated PAT jumped to Rs 220.41 lakhs (from Rs 64.63 lakhs), with EPS of Rs 6.79 vs Rs 1.99. However, operating cash flow turned sharply negative at Rs (977.08) lakhs consolidated and Rs (671.94) lakhs standalone, as working capital absorbed cash. Total borrowings of Rs 7,587.58 lakhs standalone against equity of Rs 1,974.11 lakhs indicate a high leverage of roughly 3.8x. The limited review was issued with an unmodified opinion by the newly appointed auditor M M Nissim & Co LLP, who noted that the prior periods were reviewed by a different auditor.
Sharp swing to profitability and strong revenue growth are positive for shareholders, but heavy debt, very high leverage, and large negative operating cash flow raise concerns about cash quality of earnings. The mid-year auditor change is a watch item and may draw investor queries.