Raghav Productivity Enhancers Limited has announced that its 2nd board meeting for the financial year 2026-27 will be held on June 1, 2026. The meeting is scheduled to take place at 2:00 P.M. (IST) through video conferencing and other audio-visual means. The primary agenda includes the consideration and approval of the Board's Report for the financial year ended March 31, 2026.

Agenda for Director Re-appointments

The board will deliberate on the re-appointment of several key personnel. Mr. Hemant Nerurkar Madhusudan and Mr. Amar Lal Daultani are proposed to be re-appointed as Independent Directors for a second term of five years, subject to shareholder approval. Furthermore, the board will consider the re-appointment of Mr. Rajesh Kabra as Managing Director and Mr. Sanjay Kabra as Chairman & Whole-Time Director, each for a further term of three years, subject to shareholder approval.

Other Business

In addition to director appointments, the meeting will consider the revision of terms for Mrs. Krishna Kabra, Director of the company, subject to shareholder approval. The board will also finalize the matters to be included in the notice for the 17th Annual General Meeting (AGM), including the date, place, and time of the meeting for the financial year ended March 31, 2026.

Raghav Productivity Enhancers has announced its audited financial results for the year ended March 31, 2026, reporting strong growth across revenue, profit, and operational metrics. The board has recommended a final dividend of Rs. 1.00 per equity share and approved significant capacity expansion plans. The company also released an investor presentation marking 10 years of excellence since its public listing and completed regulatory compliance by publishing results in newspapers.

Annual Financial Performance

The company delivered robust performance in FY26 with consolidated revenue reaching ₹25,921.22 lakh compared to ₹20,096.48 lakh in the previous year, representing a 29% year-on-year growth. Consolidated net profit increased to ₹5,480.30 lakh from ₹3,697.36 lakh, marking a 48% improvement. Earnings per share (basic and diluted) rose to ₹11.94 from ₹8.05 in the prior year.

10 Years of Listing History

The investor presentation highlights the company's journey from FY 2016 to FY 2026, showcasing consistent growth across key metrics. Over the 10-year period, the company achieved a 28% CAGR in capacity and volume, 32% CAGR in ramming mass sales and EBITDA, and 45% CAGR in profit after tax. The company's domestic market share grew from 3.5% in FY 2016 to 14% in FY 2026. The 10-year average ROCE stood at 24% and ROE at 19%, with cumulative PAT of ₹197 crores and cumulative CFO of ₹167 crores.

Q4 Performance Highlights

For the quarter ended March 31, 2026, the company reported consolidated revenue of ₹7,066.10 lakh compared to ₹5,108.39 lakh in the corresponding quarter of the previous year, representing a 38.3% year-on-year growth. Consolidated net profit for Q4 stood at ₹1,516.18 lakh, up from ₹1,012.62 lakh in Q4 FY25. The company delivered ROCE of 28% and CFO of ₹37 crores in FY26. Capacity utilization during Q4 was 87%.

Board Decisions and Strategic Initiatives

The board approved several key decisions at its meeting held on April 24, 2026. A final dividend of Rs. 1.00 per equity share of Rs. 10/- each was recommended for FY26. The board also approved the appointment of M/s Ravi Sharma & Co. as Statutory Auditor for a five-year term commencing April 1, 2026, subject to shareholder approval. Additionally, M/s RP Khandelwal & Associates were appointed as Internal Auditor for Financial Year 2026-27.

Capacity Expansion Plans

The company announced plans to undertake plant modification and renovation at both RPEL and RPSPL facilities. The proposed capacity addition of 1,20,000 MTPA will increase total capacity to 5,34,000 MTPA from the existing 4,14,000 MTPA. The expansion, requiring an investment of up to Rs. 20 crores, will be financed through internal accruals and is expected to be fully operational from October 1, 2026.

Regulatory Compliance and Publication

In compliance with Regulation 30 and 47 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, the company published its audited financial results in The Financial Express (English) and Business Remedies (Hindi) newspapers on April 24, 2026. Company Secretary Neha Rathi confirmed the newspaper publication to both BSE and NSE exchanges on April 26, 2026, completing the mandatory disclosure requirements.

Global Reach and Market Position

The company has established itself as the world's largest manufacturer of silica ramming mass with a pan-India presence across 27 states and exports to 39 countries worldwide. The company is targeting to increase its market share from the current 14% to 30% through strategic initiatives including capacity expansion, multi-location manufacturing, cross-selling opportunities, customer base expansion, and product development. Export growth was muted due to Iran war related disruptions, though exports resumed normalcy from April with customers absorbing higher freight costs.

ESOP Allotment

The board approved the allotment of 9,990 equity shares arising from the exercise of the second tranche of vested options under the Employee Stock Option Scheme 2018. The shares were allotted at an exercise price of Rs. 307.36 per share on April 24, 2026.