Rachit Prints Limited has secured the consent of Arjunn Kumar Tyagi, Practicing Company Secretary, to act as its Secretarial Auditor for a five-year term. The appointment covers the financial years FY 2025-26 to 2029-30 and is subject to regulatory approvals.

The engagement will be conducted in accordance with Section 204(1) of the Companies Act, 2013 and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014. The firm has confirmed its eligibility, stating that the appointment will remain within the limits prescribed by the Institute of Company Secretaries of India (ICSI).

In the declaration, Arjunn Kumar Tyagi confirmed there are no pending proceedings regarding professional misconduct against the auditor or the firm. The firm also verified that it is not debarred by any authority from conducting secretarial audits.

The appointment aims to ensure compliance with the Companies Act, 2013 and the ICSI Auditing Standards. The auditor expressed a commitment to maintaining a professional relationship with the company.

Rachit Prints reported a 27.7% increase in revenue from operations to ₹532.40 crore for the financial year ended March 31, 2026, compared to ₹417.03 crore in the previous year. Net profit for the period rose marginally to ₹45.82 crore from ₹45.62 crore in FY25. The board approved the audited financial results on May 28, 2026, following a recommendation by the audit committee.

The company's total revenue, including other income, stood at ₹535.18 crore for FY26, up from ₹417.84 crore in the prior year. Total expenditure increased to ₹473.08 crore from ₹356.95 crore, driven by higher costs of materials consumed and employee benefit expenses. Profit before tax for the year was ₹62.10 crore, compared to ₹60.90 crore in FY25.

Financial Performance

The earnings per share (EPS) for the year decreased to ₹10.48 from ₹13.03 in the previous year. For the half year ended March 31, 2026, the company reported a net profit of ₹21.02 crore, down from ₹23.33 crore in the corresponding period of the previous year.

IPO Proceeds Utilization

The company completed its Initial Public Offer (IPO) on September 3, 2025, issuing 1.31 million equity shares at an issue price of ₹149 per share, aggregating to ₹19.50 crore. As of March 31, 2026, the company had utilized ₹136.05 crore of the net IPO proceeds. The unutilized amount of ₹44.00 crore has been temporarily deployed in fixed deposits.

Auditor's Report

M/s Singhal Gupta & Co. LLP, Statutory Auditors, issued an unmodified opinion on the audited financial results for the year ended March 31, 2026. The auditor's report confirmed that the standalone financial statements give a true and fair view of the company's state of affairs, profit, and cash flows in conformity with the Accounting Standards prescribed under the Companies Act, 2013.