Raj Rayon Industries will hold a group meeting with analysts and institutional investors on July 28, 2026, in Mumbai. The interaction is scheduled to begin at 3:00 pm IST and aims to provide market participants with an opportunity to engage with company officials regarding its business operations and outlook.

The company clarified that discussions during the meeting will be based solely on publicly available information. No unpublished price sensitive information (UPSI) is intended to be shared during the interactions, ensuring compliance with regulatory standards for fair disclosure.

The meeting details were submitted to the exchanges pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015. The company noted that changes to the schedule may occur due to exigencies on the part of the participants or the company.

Managing Director Rajkumar Satyanarayan Agarwal authorized the intimation to the Bombay Stock Exchange and the National Stock Exchange of India. The firm’s registered office is located in Silvassa, Dadra & Nagar Haveli & Daman & Diu.

Raj Rayon Industries reported a 146.4% increase in net profit to ₹3,399.28 lakh for the financial year ended March 31, 2026, compared to ₹1,380.61 lakh in the previous year. Revenue from operations rose 38.9% to ₹117,971.70 lakh from ₹84,937.94 lakh in FY25. The company’s board approved the audited financial results at a meeting held on May 14, 2026.

For the quarter ended March 31, 2026, the company recorded a profit after tax of ₹1,403.21 lakh, compared to ₹1,344.35 lakh in the corresponding period of the previous year. Total income for the quarter stood at ₹29,588.09 lakh. Earnings per share (EPS) for the full year increased to ₹0.61 from ₹0.25 in the previous year.

Qualified Audit Opinion

Bagaria & Co. LLP, the statutory auditors, issued a qualified opinion on the financial results. The qualification arises because the management is in the process of obtaining details for three inoperative bank accounts that have continued since the prior Corporate Insolvency Resolution Process. Consequently, the auditors were unable to comment on the potential impact of pending bank statements on the audited financial results. This qualification has been repetitive for the last three years.

Key Financial Metrics

The following table summarizes the financial performance for the year ended March 31, 2026:

Management Changes and Disclosures

The board accepted the resignation of Mr. Chintan Dharod as Company Secretary and Compliance Officer, effective from the close of business hours on May 14, 2026, due to personal reasons. Concurrently, the board appointed Ms. Ritu Shukla as the new Company Secretary and Compliance Officer effective May 15, 2026.

The company disclosed that it reversed a provision of ₹55 lakhs previously created for non-compliance with the minimum public shareholding requirement, citing an application made to authorities for a waiver. Additionally, the company reported outstanding qualified borrowings of ₹173.52 lakh as on March 31, 2026, with a credit rating of BBB/Stable/IND A3+.