RUBYMILLSNSEThe Ruby Mills Limited· Textile ProductsMediumNeutral
Announced Thu, 28 May · 22:51 IST

The Ruby Mills Limited has informed the Exchange regarding Appointment of Shri.Dakshesh H. Zaveri as Other of the company w.e.f. May 28, 2026.

Management Changes View source PDF

RUBYMILLS · price

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Price reaction · full curve 14 horizons · vs prior close
-0.1%1-day move
₹248.00
prior close
₹251.95
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AI summary

The Ruby Mills Limited held its Board Meeting on May 28, 2026, approving several matters. The company reported strong full-year standalone revenue of Rs. 35,859.56 lakhs for FY 2025-26, a significant increase from Rs. 24,533.65 lakhs in the previous year (46% growth). Standalone profit after tax stood at Rs. 4,357.95 lakhs versus Rs. 4,231.24 lakhs last year. The Board recommended a final dividend of Rs. 2.5 per equity share (face value Rs. 5 each) for FY 2025-26, subject to shareholder approval at the AGM. Additionally, Shri. Dakshesh H. Zaveri was appointed as Cost Auditor for FY 2026-27. The company also incorporated two new wholly-owned subsidiaries - Ruby Greentech T Private Limited and Ruby Greentech K Private Limited - during Q4 FY26. An additional provision of Rs. 185 lakhs was made due to the new labor code impact.

Likely market impact

The strong revenue growth and recommendation of dividend are positive signals for shareholders. The stock may see bullish sentiment given the 46% revenue growth and consistent profitability. The new subsidiaries indicate potential business diversification.