RSWM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
RSWM Limited, an LNJ Bhilwara Group textile company, published its audited financial results for Q4 and full year ended March 31, 2026. Standalone total income from operations was ₹1,158.82 crore for Q4 and ₹4,605.21 crore for FY26, compared to ₹4,854.64 crore in FY25 (5% decline). Net profit after tax improved significantly to ₹51.98 crore in FY26 from a loss of ₹41.28 crore in FY25. Basic EPS for FY26 stood at ₹11.04 versus loss of ₹8.76 per share in FY25. Key exceptional items included ₹70.57 crore provision for New Labour Codes implementation and a ₹22.66 crore reduction in deferred tax liability due to opting for new concessional tax regime from FY27. The board also approved issuance of convertible warrants to promoter group (up to 24.7 lakh warrants at ₹746/share) and a new ESOP plan for up to 9.7 lakh shares. The company faces ₹11.07 crore electricity duty demand (planning Supreme Court appeal). Statutory auditors gave unmodified opinion.
The company showed strong turnaround with return to profitability after FY25 losses, driven by improved operational performance and exceptional items. The warrants issuance to promoters and ESOP plan signal management confidence and employee retention focus. Revenue decline warrants monitoring. The electricity duty case remains a contingent liability.