Rajapalayam Mills Limited submitted its annual report for the financial year ended March 31, 2026, to the Bombay Stock Exchange (BSE) on August 4, 2026. The filing, mandated under Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, includes the company’s audited separate and consolidated financial statements alongside the notice for its 90th Annual General Meeting (AGM). This submission formalizes the disclosure of the company’s financial performance and governance updates for shareholders and regulators.

The AGM is scheduled to be held via video conferencing on August 28, 2026. Shareholders will vote on several key resolutions, including the adoption of the audited financial statements and the declaration of a dividend of ₹0.50 per share. The meeting also seeks approval for the re-appointment of directors A.V. Dharmakrishnan and S.S. Ramachandra Raja. Notably, S.S. Ramachandra Raja, aged 90, requires a special resolution to continue as a Non-Executive Director under Regulation 17(1A) of the SEBI LODR Regulations, having served on the board since 1992.

Key Financial and Operational Highlights

The annual report details the company’s operational performance for FY26. Revenue from operations stood at ₹96,688.76 lakhs, up from ₹92,405.99 lakhs in the previous year. However, the company reported a net loss after tax of ₹1,512.38 lakhs for the standalone entity, compared to a loss of ₹5,020.47 lakhs in FY25. The consolidated profit before share of associates was ₹11,436.13 lakhs, driven largely by the share of profits from associate companies such as The Ramco Cements Limited, Ramco Industries Limited, and Ramco Systems Limited.

Related-Party Transaction Approvals

Shareholders are also asked to approve omnibus related-party transactions totaling up to ₹600 crore with four group entities for FY27. These transactions, valued at up to ₹150 crore each, involve Ramco Industries Limited, Sandhya Spinning Mill Limited, Sri Vishnu Shankar Mill Limited, and The Ramaraju Surgical Cotton Mills Limited. The deals cover the purchase and sale of cotton, yarn, textile products, and job work services, structured on an arm’s-length basis at prevailing market prices. Directors P.R. Venketrama Raja, Smt. P.V. Nirmala Raju, and Shri P.V. Abinav Ramasubramainam Raja have disclosed interests in these transactions due to their shareholdings in the related entities.

Voting and Compliance Details

Remote e-voting will be conducted via the Central Depository Services (India) Limited (CDSL) platform from 9:00 AM on August 25, 2026, to 5:00 PM on August 27, 2026. The cut-off date for determining voting eligibility is August 21, 2026. Shareholders holding shares on this date may vote electronically; those who vote remotely cannot vote again during the live video conference session. Physical copies of the notice and annual report are not being dispatched; documents are available via email and on the company website.

Dividend income is taxable under the Income Tax Act, 2025. Resident individuals not liable to pay income tax must submit Form No. 121 to investorgrievance@ramcotex.com by August 13, 2026, to avoid tax deduction at source. Failure to register PAN results in a higher TDS rate of 20%. Non-resident shareholders seeking treaty benefits must submit Tax Residency Certificates by the same deadline. Unclaimed dividends from previous years face transfer to the Investor Education and Protection Fund (IEPF), with the FY2019 dividend transfer due on September 12, 2026.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE296E01026/3f64f4d5-86cb-482d-8485-90500d7be2a7.pdf

Rajapalayam Mills Limited delivered a strong quarterly performance, with Q4 EBITDA rising to ₹298M rupees compared to ₹193M in the same period last year, reflecting a year-on-year improvement. The EBITDA margin expanded to 11.10% from 8.70% in the corresponding quarter, signalling improved operational efficiency. On a consolidated basis, the company reported a net profit of ₹296M rupees for Q4, reversing a loss of ₹46M in the year-ago period. Quarterly consolidated revenue also grew meaningfully, reaching ₹2.7B rupees versus ₹2.2B rupees in the prior-year quarter.

For the full financial year ended March 31, 2026, the company reported a consolidated net profit of ₹11,436.13 lakh, a significant turnaround from ₹1,704.52 lakh in the previous year. The improvement was largely driven by the share of net profit from associates, which amounted to ₹13,709.83 lakh for the year. The board of directors recommended a dividend of ₹0.50 per equity share of ₹10 each for FY26, subject to shareholder approval at the upcoming Annual General Meeting.

Standalone Financial Performance

The standalone financial results showed a net loss of ₹1,512.38 lakh for FY26, compared to a net loss of ₹5,020.47 lakh in the previous year, indicating a narrowing of losses. Total standalone income for the year rose to ₹96,688.76 lakh from ₹92,405.99 lakh in FY25. The standalone net loss for the quarter ended March 31, 2026, was ₹344.22 lakh, an improvement from a loss of ₹1,366.96 lakh in the corresponding quarter of the previous year.

Consolidated Performance

The consolidated results include the financial performance of associates such as The Ramco Cements Limited, Ramco Industries Limited, and Ramco Systems Limited. Total consolidated income for FY26 stood at ₹95,927.45 lakh, up from ₹91,538.75 lakh in the previous year. The profit before tax for the consolidated entity was ₹2,788.49 lakh for the year, a substantial improvement from the loss before tax of ₹7,535.62 lakh in FY25.

The following table summarises the key financial metrics for FY26:

Q4 Highlights

The quarterly performance metrics underscore the company's improving trajectory. Key Q4 figures are presented below:

Segment Results

The Textiles segment reported a profit before finance cost and tax of ₹2,970.25 lakh for FY26, recovering from a loss of ₹916.91 lakh in the previous year. The Wind Mills segment contributed a profit of ₹2,960.98 lakh. The total capital employed by the company stood at ₹41,675.91 lakh on a standalone basis and ₹2,42,778.54 lakh on a consolidated basis as of March 31, 2026.

Financial Position and Cash Flows

The company's standalone net worth decreased to ₹41,675.91 lakh as of March 31, 2026, from ₹43,057.19 lakh a year earlier. Borrowings, including current maturities of long-term borrowings, stood at ₹65,756.08 lakh in current liabilities and ₹48,391.06 lakh in non-current liabilities. Net cash generated from operating activities for the standalone entity was ₹6,551.73 lakh for FY26. The board has scheduled the 90th Annual General Meeting for August 28, 2026, via video conferencing. The statutory auditors issued an unmodified opinion on the standalone and consolidated annual financial results for the year ended March 31, 2026.