Radha Madhav Corporation Limited (NSE: RMCL) reported a net loss of ₹4.04 million for the financial year ended March 31, 2026, reversing a net profit of ₹0.75 million in the previous fiscal year.

The company recorded nil revenue from operations, down from ₹1.40 million in FY25. Total income contracted to ₹15.23 million from ₹33.60 million, driven by a sharp decline in other income to ₹15.23 million from ₹32.20 million. Total expenses stood at ₹19.27 million.

Financial Performance

The company's earnings per share (EPS) turned negative, registering a basic EPS of (₹0.30) compared to ₹0.06 in the prior year. The decline in profitability is attributed to the absence of operational revenue and higher maintenance-related costs amid the ongoing revival process following its Corporate Insolvency Resolution Process (CIRP).

What the Numbers Show

The financials highlight a complete reliance on non-operational income sources during the period. With revenue from operations at zero, the company’s total income of ₹15.23 million consisted entirely of other income. However, this was insufficient to cover total expenses of ₹19.27 million, resulting in the net loss. The significant drop in other income year-on-year further eroded the bottom line.

Balance Sheet and Capital Structure

Total assets decreased to ₹148.92 million from ₹175.27 million in FY25. Cash and cash equivalents declined to ₹4.47 million from ₹6.39 million. The company reported no borrowings, with a debt-equity ratio of 0.00:1. Equity share capital remained stable at ₹78.10 million.

Corporate Developments

The company continues to face procedural delays in relisting its shares on BSE and NSE, with the matter pending before the NCLT Ahmedabad Bench. It has paid a Stock Exchange Operating Procedure (SOP) fine of ₹1.28 crore levied by BSE, clearing outstanding dues. Trading remains suspended due to these delays.

Management stated that the focus remains on reviving and modernizing operations, including investing in new machinery for its packaging segment and expanding its retail business. No dividend was recommended for FY26.

Radha Madhav Corporation Limited has scheduled a board meeting for August 31, 2026, to approve its annual reports for the fiscal year ended March 31, 2026.

The board will also consider the appointment of two whole-time directors and the re-appointment of a retiring director. These appointments require subsequent approval at the company’s Annual General Meeting (AGM).

Board Agenda Details

The meeting agenda includes several key corporate governance and administrative items:

• Approval of the Directors’ Report, Corporate Governance Report, and Management Discussion and Analysis for FY26.
• Approval of the notice for calling the AGM.
• Fixing the book closure dates for the AGM.
• Deciding the time, venue, and date for the AGM.
• Appointment of a scrutinizer for the AGM process.

Director Appointments

The board will consider the following personnel changes, subject to member approval:

• Nitin Jain (DIN: 09833381) as Whole-time Director and CFO.
• Kamakhyaprasad Dala Behera (DIN: 09016020) as Whole-time Director.
• Re-appointment of Nilamadhavas Das (DIN: 03531645), who is liable to retire by rotation but is eligible and has offered himself for re-appointment.

Trading Window Closure

In compliance with the company’s Code of Conduct for Regulating, Monitoring and Reporting of Trading by Insiders, the trading window for designated persons and their immediate relatives remains closed from August 24, 2026, until 48 hours after the announcement of the board meeting outcomes.