M.M. Rubber Company Limited narrowed its net loss to ₹120.23 lakh for the financial year ended March 31, 2026, compared to a net loss of ₹368.35 lakh in the previous year. For the fourth quarter ended March 31, 2026, the company reported a net profit of ₹37.30 lakh. Revenue from operations for the full year declined to ₹4006.13 lakh from ₹4099.92 lakh in FY25, while quarterly revenue rose to ₹997.65 lakh from ₹943.36 lakh in the corresponding period of the previous year.

The Board of Directors approved the standalone audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 27, 2026. The statutory auditors, M/s. Narayan Bhat & Co, issued an audit report with an unmodified opinion on the financial results. The Board also appointed M/s S.R. Mandre and Co., Chartered Accountants, as internal auditors for the financial year 2026-27.

Financial Performance

Total income for FY26 stood at ₹4010.81 lakh, down from ₹4127.74 lakh in the previous year. Total expenses for the year decreased to ₹4182.94 lakh from ₹4492.31 lakh. The company reported a profit before tax of ₹(172.13) lakh for the year, compared to ₹(364.57) lakh in FY25. For the quarter ended March 31, 2026, total income was ₹999.97 lakh and total expenses were ₹1014.57 lakh.

Assets and Liabilities

The company's total assets as of March 31, 2026, stood at ₹3293.77 lakh, a decrease from ₹3377.78 lakh in the previous year. Total equity declined to ₹1261.02 lakh from ₹1421.88 lakh. Total liabilities increased to ₹2032.75 lakh from ₹1955.90 lakh. Cash and cash equivalents at the end of the year were ₹28.22 lakh, up from ₹22.89 lakh at the end of the previous year.

Auditor's Observations

The statutory auditors included an emphasis of matter paragraph regarding the non-implementation of the New Labour Code during the current financial year. The management stated that the code will be implemented from the next financial year, and consequently, the impact on provisions for gratuity, leave encashment, provident fund contribution, and ESI contribution has not been considered in the financial statements.

M M Rubber Company Limited has notified the Bombay Stock Exchange of an upcoming Board of Directors meeting scheduled for Wednesday, May 27, 2026, at 11:00 AM. The intimation, dated May 18, 2026, has been filed in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Agenda

The board meeting has been convened to deliberate on several key matters. The following items are on the agenda for consideration:

Trading Window Closure

In accordance with applicable regulations, M M Rubber Company Limited has closed its trading window effective April 1, 2026. The closure will remain in effect until 48 hours after the declaration of financial results, with both days inclusive. The company has communicated this restriction to all its designated persons and insiders as required.

Company Background

M M Rubber Company Limited, operating under the brand M.M. FOAM, is headquartered at Empire Infantry, III Floor, 29, Infantry Road, Bangalore - 560 001. The company is engaged in the manufacture of natural latex foam rubber products, including mattresses, pillows, and cushions. Its marketing office is located at 'Janapriya Crest', 3rd Floor, Pantheon Road, Egmore, Chennai - 600 008. The board meeting intimation was signed by Meenakshi R, Company Secretary, on May 18, 2026.