Raideep Industries reported a consolidated net profit of ₹38.99 crore for the financial year ended March 31, 2026, a significant increase from ₹11.31 crore in the previous year. Revenue from operations for the year stood at ₹377.52 crore, compared to ₹229.01 crore in FY25. The company's board approved the audited standalone and consolidated financial results at a meeting held on May 28, 2026.

Financial Performance

The company's total income for FY26 reached ₹408.27 crore, up from ₹234.38 crore in the prior year. For the quarter ended March 31, 2026, the net profit was ₹27.31 crore, while revenue from operations was ₹168.34 crore. Earnings per share (EPS) for the year increased to ₹7.07 from ₹2.02 in the previous year.

Key Financial Metrics (Consolidated)

Auditor's Report and Disclosures

M/s. Montek S & Associates, Chartered Accountants, the statutory auditor, provided an unmodified opinion on the annual standalone and consolidated audited financial results. However, the auditor's report included an emphasis of matter paragraph highlighting several observations. The closing inventory as of March 31, 2026, was based on a management-certified stock statement without physical verification. Additionally, the company did not obtain balance confirmations from certain trade receivables and trade payables.

The auditor also noted that the company did not recognize Right of Use (ROU) assets corresponding to lease liabilities as required by Ind AS 116 for certain lease arrangements. Furthermore, the company stated it did not enter into significant transactions with its sister concerns during the year, which historically constituted a substantial portion of operations.

Borrowings and Compliance

Raideep Industries confirmed it is not a Large Corporate as per the criteria in SEBI Circular dated October 19, 2023. The company reported outstanding qualified borrowings of ₹0.16 crore at the start of the financial year, which reduced to zero by the end of the year. There were no incremental qualified borrowings or debt securities issued during the year.

Raideep Industries Limited has notified stock exchanges of an upcoming board meeting scheduled for Thursday, May 28, 2026, at 3:00 PM, to be held at its registered office located at C-193 A, Phase VI, Focal Point, Ludhiana, Punjab-141010. The intimation has been filed pursuant to Regulation 29 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Agenda for the Board Meeting

The board meeting has been convened to consider and approve several key financial and regulatory matters pertaining to the quarter and year ended March 31, 2026, as well as the half year ended March 31, 2026. The following table outlines the key agenda items:

Trading Window Closure

In accordance with the company's Code of Conduct for Prevention of Insider Trading and Fair Disclosure of Unpublished Price Sensitive Information and the SEBI (Prohibition of Insider Trading) Regulations, 2015, Raideep Industries had previously intimated stock exchanges vide letter dated March 27, 2026, that the trading window for dealing in the company's securities would remain closed for designated persons and their immediate relatives. The closure is effective from April 1, 2026, and will continue until 48 hours after the declaration of the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.

Regulatory Compliance

The board meeting intimation has been submitted to both BSE Limited and The Calcutta Stock Exchange Ltd. in compliance with applicable SEBI listing regulations. The communication was signed by Ekta Seksaria, Company Secretary & Compliance Officer (Membership No.: A45726), on May 13, 2026.