NSE: REGAAL · BSE: 544485
REGAAL RESOURCES LIMITED
Operates a maize wet milling facility in Bihar, producing starch-based derivatives including liquid glucose and maltodextrin powder. On May 26, 2026, it doubled crushing capacity to 1,650 MT per day, commissioned new liquid glucose (180 MT/day) and maltodextrin powder (50 MT/day) plants, and expanded captive power to 15.8 MW. FY26 capacity utilisation reached 96.5%. For the full year, operating income was Rs. 11,342 million and PAT was Rs. 556 million. Materials make up 44.6% of revenue, with capex running at 27.8% of revenue. Net debt stood at Rs. 5,457 million against a planned capex outlay of about Rs. 5,400 million, of which Rs. 4,014 million had already been deployed. FY27 additions planned include Dextrose Anhydrous, Dextrose Monohydrate, and Hydrol products. The company completed an IPO in August 2025, raising Rs. 209.99 crore. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Maize wet milling products, Liquid Glucose, Maltodextrin Powder, Planned FY27 products. Asset-heavy, capacity-driven maize wet milling
Exhibit 1: Financial summary, FY26–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY26 |
|---|---|
| Revenue | 1,134 |
| EBITDA (ex other income) | 120 |
| margin % | 10.6 |
| Owners' profit | 56 |
| EPS, as reported (₹) | 5.86 |
| ROE % · ROCE % | 11.4 · 11.5 |
| Debt / equity (x) | 1.25 |
| Cash from operations | 70 |
| Capex | (316) |
Exhibit 2: Quarterly performance, last 5 quarters
| ₹ crore | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|
| Revenue | 247 | 320 | 323 | 245 | 202 |
| Profit before tax | 12 | 22 | 17 | 23 | 18 |
| Net profit | 9 | 17 | 13 | 17 | 13 |
| EPS (₹) | 1.10 | 1.86 | 1.27 | 1.63 | 1.30 |
Exhibit 3: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 15 Oct 2026 · ROC imposes Rs 10 lakh penalty on Regaal Resources for missing valuation report | regulatory legal | high | — | — |
| 14 Oct 2026 · Bihar notice seeks Rs 16.56 cr SGST reimbursement recovery | regulatory legal | high | — | — |
| 8 Oct 2026 · Compliance certificate under SEBI Regulation 74(5) for Q2 FY26 | compliance | minimal | — | — |
| 6 Oct 2026 · Operations restored at Bihar plant after turbine repair | capex operations | high | — | — |
| 6 Oct 2026 · ROC Kolkata imposes Rs 20.67 lakh penalty on Regaal Resources for compliance lapses | regulatory legal | high | — | — |
| 1 Oct 2026 · Turbine repair timeline extended by 5 days at Regaal Resources plant | capex operations | high | — | — |
| 29 Sept 2026 · Trading window closed from Oct 1 till Q2 results declaration | compliance | minimal | — | — |
| 25 Sept 2026 · 14th AGM: All 4 resolutions passed; Rs 0.25/share dividend declared | board shareholder meetings | low | — | — |
| 23 Sept 2026 · Regaal Resources re-appoints Mr. Munish Jhajharia as Non-Executive Director | management changes | medium | — | — |
| 23 Sept 2026 · 14th AGM held via video conferencing; dividend and director reappointment proposed | board shareholder meetings | 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.