Raja Bahadur International Limited returned to profitability in the financial year ended March 31, 2026, reporting a consolidated net profit of ₹124.48 lakh compared to a net loss of ₹96.44 lakh in the previous year. The company's revenue from operations for FY26 stood at ₹2,865.13 lakh, a marginal increase from ₹2,774.66 lakh in FY25. The turnaround was driven by a significant reduction in finance costs, which fell to ₹1,513.32 lakh from ₹1,667.34 lakh in the prior year, alongside a rise in other income to ₹831.99 lakh.

The Board of Directors at its meeting held on May 26, 2026, adopted the audited financial statements for the fourth quarter and financial year ended March 31, 2026. The auditors, Jain P.C. and Associates, issued an unmodified opinion on the standalone and consolidated financial results. The company noted that due to the nature of its real estate business, profits do not necessarily accrue evenly over the period, and quarterly results may not be representative of the annual performance.

Standalone Financial Performance

On a standalone basis, the company reported a net profit of ₹130.91 lakh for FY26, recovering from a net loss of ₹94.78 lakh in the previous year. Total income for the year increased to ₹3,697.09 lakh from ₹3,056.37 lakh in FY25. For the quarter ended March 31, 2026, the standalone net profit was ₹77.98 lakh, while total income stood at ₹814.71 lakh.

Consolidated Financial Results

The consolidated financial results include the performance of subsidiaries Raja Bahadurs Realty Limited and Samvurdhana Realty Private Limited. The Group's share of total net loss after tax for these subsidiaries was ₹5.24 lakh and ₹1.19 lakh respectively for the period from April 1, 2025, to March 31, 2026. Earnings per share (EPS) on a consolidated basis for FY26 was ₹51.03, compared to a negative EPS of ₹37.84 in the previous year.

Borrowings and Liquidity

The company's outstanding qualified borrowings increased to ₹293.38 crore at the end of FY26 from ₹198.60 crore at the start of the financial year. Incremental qualified borrowing during the year amounted to ₹94.82 crore. The company did not undertake any borrowings by way of issuance of debt securities during the year. Cash and cash equivalents as of March 31, 2026, stood at ₹2,617.73 lakh on a consolidated basis.

raja bahadur international has approved the re-appointment of Mr. Shridhar Pittie as Chairman & Managing Director for a period of three years effective June 30, 2026, subject to shareholder approval. The decision was taken by the Board of Directors during its meeting held on May 26, 2026. The re-appointment is contingent upon the approval of members at the company's ensuing Annual General Meeting.

Mr. Shridhar Pittie, aged 73, currently serves as the Chairman and Managing Director and oversees the day-to-day operations of the company. He holds a B.A. (Hons) in Economics, a Diploma in Electronics & Radio Engineering, and an MBA (Finance). With approximately 55 years of total experience, including 44 years in a managerial capacity, he has been instrumental in turning the company around and expanding into real estate development activities.

The disclosure was made to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that Mr. Pittie has not been debarred from holding the office of Director by any SEBI order or other authority.

Details of Re-appointment

Mr. Shridhar N. Pittie is identified as a promoter of the company and the father of Mr. Umang Pittie and Mr. Vaibhav Pittie, who serve as Executive Directors.