In compliance with the applicable provisions of the LODR, the Board of Directors of the Company have recommended a Dividend of INR 2.00/- (Rupees Two only) per Equity Share of INR 5/- each ....
RUBFILA · price
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Rubfila International Ltd reported standalone revenue of ₹5,117 lakh for FY2026, up 9.2% from ₹4,684 lakh in FY2025. However, consolidated profit after tax declined 9.6% to ₹2,661 lakh from ₹2,944 lakh in the prior year. The auditors issued a qualified opinion due to a ₹1,349 lakh 'Provision for Contingencies' that has been accumulated over 11 years without identifiable underlying obligations, raising concerns about compliance with Ind AS 37 accounting standards. Operating cash flow turned negative at ₹-1,062 lakh for standalone operations, a significant deterioration from ₹2,286 lakh positive in FY2025. The Board recommended a final dividend of ₹2 per share (40% on ₹5 face value) for FY2026, subject to shareholder approval at the AGM.
The qualified auditor opinion on the questionable provision and negative operating cash flow are red flags for investors. While revenue grew modestly, consolidated profitability declined and cash generation deteriorated sharply. The dividend provides some return to shareholders, but the accounting concerns may weigh on investor sentiment.