BSE: 521178
SRI RAMAKRISHNA MILLS (COIMBAT
Operates in two segments: Textiles and Real Estate. The textile business generated ₹62.71 crore in FY26 and produced steady quarterly revenue of roughly ₹14–17 crore through the year, but the segment ended FY26 with a small EBIT loss. The real estate business contributed ₹35.02 crore in FY26, with the entire amount recognised in Q4 FY26 from a project completed at the company's property on Sathyamangalam Road, Ganapathy, Coimbatore; this segment generated nearly all the segment-level EBIT for the year. The Board has approved a follow-on real estate project at the same location under a development agreement with M/s Infinium Developers LLP, Coimbatore. Materials are the largest cost at 41.0% of revenue, followed by other operating expenses at 14.2% and employee costs at 7.7%. Total FY26 revenue stood at ₹97.74 crore against total assets of ₹103.04 crore, with an EBITDA margin of 33.74%. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Textiles, Real Estate. Mixed textiles and project-based real estate, with the real estate leg lumpy and the dominant profit driver in FY26
Exhibit 1: Financial summary, FY19–FY21 (all audited; no estimate years)
| ₹ crore · consolidated | FY19 | FY20 | FY21 |
|---|---|---|---|
| Revenue | 27 | 31 | 21 |
| EBITDA (ex other income) | 10 | 13 | 5 |
| margin % | 38.1 | 42.7 | 26.1 |
| Owners' profit | 4 | 0 | 1 |
| EPS, as reported (₹) | 5.12 | 7.61 | 0.92 |
| ROE % · ROCE % | 107.2 · 42.7 | 61.0 · 52.7 | 7.0 · 23.1 |
| Debt / equity (x) | 9.56 | 3.92 | 3.45 |
| Cash from operations | — | — | 6 |
| Capex | — | — | 0 |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q4 FY20 | Q1 FY21 | Q2 FY21 | Q3 FY21 | Q4 FY21 | Q1 FY22 | Q2 FY22 | Q3 FY22 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14 | 0 | 4 | 6 | 10 | 8 | 12 | 12 |
| Profit before tax | 5 | (2) | 0 | 2 | 2 | (0) | 3 | (1) |
| Net profit | 1 | (2) | 0 | 2 | 0 | (0) | 3 | (1) |
| EPS (₹) | 0.84 | (2.45) | 0.31 | 2.35 | 0.70 | (0.47) | 3.71 | (1.19) |
Exhibit 3: Segment revenue, FY21
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| TEXTILE | 10 | 48.8 |
| REAL ESTATE | 11 | 51.2 |
| Total, before eliminations | 21 | 100.0 |
Exhibit 4: 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. | 37,325 | 40.9 | 6.55 | 27.0 | 15.2 | 19.3 | 13.5 | 21.2 |
| WELSPUN LIVING LIMITED | 20,367 | 74.1 | 4.09 | 26.1 | 4.3 | 4.0 | 5.1 | 12.7 |
| VARDHMAN TEXTILES LIMITED | 14,669 | 17.0 | 1.39 | 11.3 | 7.1 | 7.4 | 10.0 | 20.4 |
| TRIDENT LIMITED | 10,870 | 27.4 | 2.28 | 13.4 | 7.9 | 8.6 | 8.1 | 17.7 |
| INDO COUNT INDUSTRIES LTD | 8,471 | 56.1 | 3.60 | 20.4 | 5.4 | 5.4 | 10.5 | 13.3 |
| GARWARE TECH FIBRES LTD | 7,310 | 35.3 | 5.40 | 22.9 | 14.7 | 18.7 | 8.1 | 20.5 |
| FILATEX INDIA LTD | 4,207 | 22.0 | 2.80 | 11.5 | 12.2 | 13.8 | — | 7.6 |
| SANATHAN TEXTILES LIMITED | 4,178 | 68.8 | 2.23 | 18.6 | 4.1 | 3.5 | — | 8.4 |
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 20.6 | 16.8 | 95 of 179 | 47% |
| P/B | 3.4 | 1.1 | 157 of 185 | 15% |
| ROCE | 11.8 | 4.3 | 41 of 215 | 81% |
| ROE | 19.5 | 4.7 | 16 of 188 | 92% |
| Debt / Equity | 2.7 | 0.4 | 180 of 188 | 4% |
| EBITDA margin | (2.8) | 9.8 | 177 of 198 | 11% |
| Revenue growth | 89.9 | 6.9 | 22 of 192 | 89% |
| Profit growth | (150.6) | 20.0 | 185 of 203 | 9% |
| Market cap | 40 | 61 | 131 of 223 | 41% |
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 7 Oct 2026 · Compliance Certificate under SEBI Reg 74(5) for Q2 FY26-27 | compliance | minimal | — | — |
| 7 Oct 2026 · Compliance Certificate under Reg 74(5) for quarter ended September 2026 | compliance | minimal | — | — |
| 1 Oct 2026 · Revised summary of 79th AGM proceedings filed with BSE | board shareholder meetings | low | — | — |
| 30 Sept 2026 · Trading window closed from Oct 1 ahead of Q2 results | compliance | minimal | — | — |
| 29 Sept 2026 · Sri Ramakrishna Mills 79th AGM: all 5 resolutions passed, 96.62 percent support | compliance | minimal | — | — |
| 29 Sept 2026 · 79th AGM held on 28 Sep 2026; all resolutions passed | board shareholder meetings | low | — | — |
| 2 Sept 2026 · AGM notice published in newspapers for 79th AGM on 28 Sep 2026 | compliance | minimal | — | — |
| 1 Sept 2026 · Sri Ramakrishna Mills files Annual Report FY26; 79th AGM set for Sept 28 | compliance | minimal | — | — |
| 1 Sept 2026 · AGM on September 28, 2026; Book Closure from September 22 to 28 | board shareholder meetings | low | — | — |
| 17 Aug 2026 · Registered office shifted within Coimbatore city limits | general | low | — | — |
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.