Re-appointment of Cost Auditor for FY 2026-27
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Roopa Industries reported FY2026 results showing flat revenue growth at Rs. 12,750.46 Lacs vs Rs. 12,068.70 Lacs in FY2025 (+5.6%). However, PAT collapsed to just Rs. 8.31 Lacs from Rs. 203.49 Lacs in the prior year, a decline of ~96%, because of a fire accident at the Patancheru storage shed in November 2025. The fire caused Rs. 409.15 Lacs in losses to Property, Plant & Equipment and inventories, classified as an extraordinary item, which drove the company into a net loss before tax of Rs. 186.34 Lacs for Q4. Positively, operating cash flow turned around sharply to Rs. 467.62 Lacs from a negative Rs. 659.36 Lacs in FY2025. Cash balances fell dramatically to Rs. 6.77 Lacs from Rs. 338.20 Lacs. Trade receivables nearly doubled to Rs. 2,191.91 Lacs. Statutory auditors issued an unmodified (clean) opinion. M/s M P R & Associates was appointed as Cost Auditor for FY2026-27.
The fire accident is the key driver of the near-96% PAT decline. Without the one-time extraordinary loss of Rs. 409.15 Lacs, operating profit would have been ~Rs. 426 Lacs. The sharp drop in cash reserves and doubling of receivables are concerning and warrant monitoring. The clean audit opinion is a positive signal.