Baroda rayon Corporation Ltd. has completed its regulatory filing requirements by submitting a confirmation certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission was made to BSE Limited on April 06, 2026, ensuring compliance with mandatory disclosure requirements.

Regulatory Compliance Filing

The certificate was issued by MUFG Intime India Pvt. Ltd., which serves as the Registrar and Share Transfer Agent for The Baroda Rayon Corporation Ltd. Company Secretary Kunjal Desai signed and submitted the documentation to the Department of Corporate Services at BSE Limited, referencing the company's BSE Code 500270.

Certificate Confirmation Details

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, issued the confirmation certificate dated April 01, 2026. The certificate confirms that securities received from depository participants for dematerialisation during the quarter ended March 31, 2026 were properly processed and confirmed to the depositories.

Compliance Verification

The registrar confirmed several key compliance aspects in their certificate:

• Securities received for dematerialisation were confirmed or rejected to depositories within prescribed timelines
• Security certificates received were mutilated and cancelled after due verification by depository participants
• Names of depositories were substituted in the register of members as registered owners
• All securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are listed

Corporate Information

The Baroda Rayon Corporation Ltd. operates from its registered address at P O Fatehnagar, Udhna, Surat 394220, with CIN L45100GJ1958PLC000892. The company maintains its corporate communications through established channels and continues to fulfill its regulatory obligations as a listed entity on BSE Limited.

Baroda rayon Corporation Limited has released its unaudited financial results for the quarter and nine months ended December 31, 2025, showing mixed performance with sequential decline in quarterly profitability despite year-over-year growth in nine-month metrics. The Board of Directors approved these results in their meeting held on February 13, 2026.

Quarterly Financial Performance

The company's Q3FY26 performance showed sequential moderation across key metrics. Net profit declined to ₹423.10 lakhs from ₹603.78 lakhs in Q2FY26, though remaining relatively stable compared to ₹426.23 lakhs in Q3FY25.

Nine-Month Performance Highlights

The nine-month period demonstrated stronger performance with improved year-over-year metrics. Total revenue increased to ₹4,936.27 lakhs from ₹4,502.20 lakhs in the corresponding period last year, representing growth of 9.64%.

Segment-wise Analysis

The company operates through two primary segments: Real Estate and Textiles. Real Estate remains the dominant revenue contributor, generating ₹1,284.17 lakhs in Q3FY26 compared to ₹38.91 lakhs from Textiles. The Real Estate segment showed strong profitability with segment results of ₹402.20 lakhs, while Textiles contributed ₹38.91 lakhs to segment results.

Exceptional Items and Cost Structure

The company reported exceptional income of ₹39.50 lakhs in Q3FY26, primarily due to write-off of sundry creditors amounting to the same amount that were no longer payable. Finance costs increased significantly to ₹57.51 lakhs from ₹42.62 lakhs in the previous quarter, impacting overall profitability.

Key Financial Metrics

The company maintains a strong balance sheet with total assets of ₹76,552.32 lakhs as of December 31, 2025, compared to ₹76,012.03 lakhs in the previous quarter. The paid-up equity share capital remains stable at ₹2,291.14 lakhs with a face value of ₹10 per share. Notably, the company has no current tax liability due to unabsorbed depreciation and brought forward business losses.

Operational Notes

The Textiles segment has remained operationally inactive since August 2008, with the company actively exploring new avenues to restart operations in this segment. The Real Estate segment focuses on sale of plots and industrial units, continuing to drive the company's primary business operations and revenue generation.