BSE: 544503
Rachit Prints Limited
Manufactures cloth as a textile company based in Meerut, listed on the BSE SME Emerge platform under scrip code 544503. FY26 revenue stood at Rs 53.24 crore, up 28% year-on-year, driven by growth in cloth manufacturing operations, while profit after tax was Rs 458.20 lakhs versus Rs 456.18 lakhs in the prior year. Raw materials are the dominant cost, making up 64.3% of revenue at Rs 34.25 crore, with employee costs at 5.4% and other operating expenses at 15.8%. Capital expenditure ran at Rs 9.10 crore, or 17.1% of revenue, consistent with the company deploying IPO proceeds toward plant and machinery expansion. The company raised Rs 1,800.51 lakhs through an IPO in September 2025, issuing 13.09 lakh shares at Rs 149 per share; of this, Rs 440 lakhs earmarked for plant and machinery capex remained unutilized at year-end and was parked in fixed deposits. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Cloth manufacturing. Small-cap, single-product cloth manufacturer with a recently listed equity base and a capex-heavy profile
Exhibit 1: Financial summary, FY26–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY26 |
|---|---|
| Revenue | 53 |
| EBITDA (ex other income) | — |
| margin % | — |
| Owners' profit | — |
| EPS, as reported (₹) | 10.48 |
| ROE % · ROCE % | — · 16.1 |
| Debt / equity (x) | — |
| Cash from operations | (4) |
| Capex | (9) |
Exhibit 2: Quarterly performance, last 2 quarters
| ₹ crore | Q2 FY26 | Q4 FY26 |
|---|---|---|
| Revenue | 26 | 27 |
| Profit before tax | 3 | 3 |
| Net profit | — | — |
| EPS (₹) | 6.53 | 4.26 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| KPR MILL LTD. | 35,410 | 38.8 | 6.21 | 25.6 | 15.2 | 19.3 | 13.5 | 21.2 |
| WELSPUN LIVING LIMITED | 20,311 | 73.9 | 4.08 | 26.1 | 4.3 | 4.0 | 5.1 | 12.7 |
| VARDHMAN TEXTILES LIMITED | 14,333 | 16.6 | 1.35 | 11.0 | 7.1 | 7.4 | 10.0 | 20.4 |
| TRIDENT LIMITED | 11,018 | 27.7 | 2.31 | 13.5 | 7.9 | 8.6 | 8.1 | 17.7 |
| INDO COUNT INDUSTRIES LTD | 8,338 | 55.3 | 3.54 | 20.1 | 5.4 | 5.4 | 10.5 | 13.3 |
| GARWARE TECH FIBRES LTD | 7,621 | 36.8 | 5.63 | 23.8 | 14.7 | 18.7 | 8.1 | 20.5 |
| FILATEX INDIA LTD | 4,197 | 22.0 | 2.79 | 11.5 | 12.2 | 13.8 | — | 7.6 |
| SANATHAN TEXTILES LIMITED | 4,161 | 68.6 | 2.22 | 18.6 | 4.1 | 3.5 | — | 8.4 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 14.8 | 16.5 | 84 of 179 | 53% |
| ROCE | 14.3 | 4.3 | 30 of 215 | 86% |
| Market cap | 79 | 59 | 105 of 223 | 53% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 13 Oct 2026 · RTA compliance certificate under SEBI Reg 74(5) for Q2 FY27 | compliance | minimal | — | — |
| 4 Oct 2026 · All 6 resolutions passed at Rachit Prints 23rd AGM with 100% approval | board shareholder meetings | low | — | — |
| 30 Sept 2026 · Independent Director confirmed, Secretarial Auditor re-appointed for five years | management changes | medium | — | — |
| 30 Sept 2026 · Independent Director confirmed; Secretarial Auditor reappointed | management changes | medium | — | — |
| 30 Sept 2026 · 23rd AGM held Sep 30, 2026; FY26 revenue Rs 53.24 cr, PAT Rs 4.58 cr; six resolutions passed | board shareholder meetings | low | — | — |
| 25 Sept 2026 · Trading window closed for Q2 and H1 FY26 results | compliance | minimal | — | — |
| 7 Sept 2026 · Rachit Prints 23rd AGM on 30 Sep 2026; MD and WTD pay hike proposed | board shareholder meetings | low | — | — |
| 7 Sept 2026 · AGM Notice and Annual Report FY2025-26 with Director Pay Hike on Agenda | results | high | — | — |
| 7 Sept 2026 · Board approves Board Report, Secretarial Auditor re-appointment, AGM on 30 Sep | board shareholder meetings | low | — | — |
| 18 Aug 2026 · Rachit Prints appoints Mr. Prashant as Company Secretary and Compliance Officer | management changes | medium | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.