Radix Industries Posts FY26 Net Profit of ₹319.70 Lakhs, Recommends 5% Dividend
Radix Industries (India) Ltd approved audited FY26 results at its May 12, 2026 board meeting, reporting net profit after tax of ₹319.70 lakhs against ₹262.73 lakhs in FY25, with revenue from operations growing to ₹5,051.70 lakhs. The company remained debt-free, with total assets at ₹2,358.83 lakhs and cash and cash equivalents surging to ₹1,245.63 lakhs. The board recommended a final dividend of ₹0.50 per share (5% on face value of ₹10), subject to shareholder approval.

*this image is generated using AI for illustrative purposes only.
Radix Industries (India) Ltd has approved its audited financial results for the quarter and full year ended March 31, 2026, at a board meeting held on May 12, 2026. The board meeting, convened at the company's registered office in Chivatam, Tanuku, West Godavari District, Andhra Pradesh, commenced at 1:00 PM and concluded at 1:30 PM. The results were submitted to BSE Limited in compliance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors, Brahmayya & Co., Chartered Accountants (Firm Reg. No. 000513S), issued an unmodified audit opinion on the annual financial results.
Financial Performance Overview
Radix Industries delivered a steady improvement in profitability for the full year, with net profit after tax rising to ₹319.70 lakhs from ₹262.73 lakhs in the previous year. Revenue from operations grew to ₹5,051.70 lakhs compared to ₹4,825.26 lakhs in the prior year. The following table presents the key financial highlights for the full year and the fourth quarter:
| Metric: | Q4 FY26 | Q3 FY26 | Q4 FY25 | FY26 | FY25 |
|---|---|---|---|---|---|
| Revenue from Operations (₹ Lakhs): | 1,291.70 | 1,746.40 | 1,228.30 | 5,051.70 | 4,825.26 |
| Other Income (₹ Lakhs): | 19.79 | 51.58 | 3.96 | 89.26 | 9.00 |
| Total Income (₹ Lakhs): | 1,311.49 | 1,797.98 | 1,232.26 | 5,140.96 | 4,834.26 |
| Total Expenses (₹ Lakhs): | 1,247.80 | 1,611.41 | 1,141.15 | 4,712.52 | 4,482.16 |
| Profit Before Tax (₹ Lakhs): | 63.69 | 186.57 | 91.11 | 428.44 | 352.10 |
| Net Profit After Tax (₹ Lakhs): | 44.77 | 141.60 | 67.43 | 319.70 | 262.73 |
| Basic EPS (₹): | 0.30 | 0.94 | 0.45 | 2.13 | 1.75 |
| Diluted EPS (₹): | 0.30 | 0.94 | 0.45 | 2.13 | 1.75 |
Expense Breakdown
Total expenses for FY26 stood at ₹4,712.52 lakhs, compared to ₹4,482.16 lakhs in FY25. The cost of materials consumed was the largest expense component at ₹4,015.97 lakhs for the full year, reflecting the company's primary business of human hair processing. Purchase of stock-in-trade amounted to ₹493.04 lakhs for FY26, while other expenses stood at ₹116.05 lakhs. Finance costs declined significantly to ₹8.13 lakhs from ₹26.04 lakhs in the prior year, while depreciation and amortisation increased to ₹35.11 lakhs from ₹12.98 lakhs. Employee benefits expense remained broadly stable at ₹44.22 lakhs versus ₹44.80 lakhs in FY25.
Balance Sheet Highlights
The company's total assets grew to ₹2,358.83 lakhs as at March 31, 2026, from ₹2,119.41 lakhs a year earlier. Cash and cash equivalents rose sharply to ₹1,245.63 lakhs from ₹594.74 lakhs, reflecting strong cash generation during the year. Total equity improved to ₹2,329.49 lakhs from ₹2,084.83 lakhs, supported by higher retained earnings. The company remained debt-free with nil borrowings under both current and non-current liabilities.
| Balance Sheet Parameter: | 31.03.2026 (₹ Lakhs) | 31.03.2025 (₹ Lakhs) |
|---|---|---|
| Total Assets: | 2,358.83 | 2,119.41 |
| Cash & Cash Equivalents: | 1,245.63 | 594.74 |
| Trade Receivables: | 78.98 | 337.98 |
| Inventories: | 736.34 | 849.50 |
| Total Equity: | 2,329.49 | 2,084.83 |
| Equity Share Capital: | 1,500.72 | 1,500.72 |
| Other Equity: | 828.77 | 584.11 |
| Total Non-Current Liabilities: | 19.29 | 22.94 |
| Total Current Liabilities: | 10.05 | 11.64 |
Cash Flow Summary
For the year ended March 31, 2026, net cash from operating activities stood at ₹657.36 lakhs, compared to ₹752.99 lakhs in the prior year. Net cash from investing activities was ₹79.52 lakhs, a reversal from the outflow of ₹18.76 lakhs in FY25, primarily driven by interest received of ₹80.55 lakhs. Cash used in financing activities was ₹86.34 lakhs, which included dividend payments of ₹75.04 lakhs and repayment of lease liabilities of ₹4.62 lakhs. The net increase in cash and cash equivalents for the year was ₹650.54 lakhs, with closing cash and cash equivalents at ₹1,245.63 lakhs comprising cash on hand of ₹1.06 lakhs and bank balances of ₹1,244.57 lakhs.
Dividend and Other Disclosures
The board has recommended a final dividend of ₹0.50 per equity share, representing 5% on the face value of ₹10 per share, for FY 2025-26. The dividend is subject to approval by shareholders at the ensuing Annual General Meeting. The company is primarily engaged in the processing of human hair, which constitutes the only reportable segment as per Ind AS 108. The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013. The paid-up equity share capital remained unchanged at ₹1,500.72 lakhs (face value of ₹10 each). Managing Director G. Raghu Rama Raju (DIN: 00453895) signed the results on behalf of the company.
Historical Stock Returns for Radix Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.85% | -1.47% | -1.10% | -3.99% | +1.38% | +364.61% |
How does Radix Industries plan to deploy its significantly enlarged cash reserves of ₹1,245.63 lakhs, and could this signal potential capacity expansion or acquisitions in the human hair processing sector?
Given the sharp decline in trade receivables from ₹337.98 lakhs to ₹78.98 lakhs, has the company shifted toward advance payment terms with buyers, and how might this affect its competitive positioning in export markets?
With depreciation nearly tripling to ₹35.11 lakhs in FY26, what capital investments were made, and how will these assets contribute to revenue growth in FY27?





























