Outcome of Board Meeting for quarter ended March 31, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ruparel Food Products Ltd (formerly Mehta Housing Finance Ltd) reported audited Q4 and FY2026 results. Standalone revenue declined to Rs 342.67 lakh from Rs 498.50 lakh (31% drop), with a net loss of Rs 16.11 lakh versus loss of Rs 13.66 lakh in FY2025. However, consolidated results show a profit of Rs 69.20 lakh due to Rs 85.31 lakh share of profit from associate SAMT Foods Private Ltd. The company has negligible fixed assets (PPE at zero) and operates as a trading entity with no depreciation. Operating cash flow turned negative at Rs 57.38 lakh (from positive Rs 43.82 lakh). The auditor issued an unmodified clean opinion confirming true and fair view.
The standalone core business remains loss-making with declining revenues and negative operating cash flow, indicating operational stress. The consolidated profit is entirely dependent on associate earnings rather than organic growth, which is a concern for shareholders.