Rama Phosphates Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The company reported a net profit of ₹536.67 lakhs for the quarter ended March 31, 2026, compared to ₹524.93 lakhs in the corresponding quarter of the previous year. For the full year, net profit surged to ₹5,270.89 lakhs, a substantial rise from ₹1,367.50 lakhs in the previous fiscal year.

Financial Performance

Total income for the year ended March 31, 2026, stood at ₹89,442.48 lakhs, up from ₹74,535.18 lakhs in the prior year. Revenue from operations for the year increased to ₹89,304.34 lakhs from ₹74,369.08 lakhs. The company's basic earnings per share (EPS) for the year improved to ₹14.90 from ₹3.86 in the previous year.

Dividend Declaration and Record Date

The Board of Directors has recommended a final dividend of ₹0.25 per equity share (5% on the face value of ₹5 each) for the financial year ended March 31, 2026, subject to the approval of shareholders at the forthcoming Annual General Meeting. Pursuant to Regulation 42 of the SEBI Listing Regulations, the company has fixed Friday, July 31, 2026 as the record date for determining the entitlement of members to receive the final dividend. If declared by shareholders at the ensuing AGM, the final dividend shall be paid on or after September 3, 2026, subject to deduction of tax at source as applicable.

During the financial year, the Board had declared an interim dividend of ₹0.50 per equity share (10% of face value of ₹5 each), which was paid to public shareholders on November 25, 2025. Including the proposed final dividend, the total dividend for the financial year amounts to ₹0.75 per equity share, representing 15% of the face value.

Board Meeting Outcome

The Board meeting, convened on May 18, 2026, approved the audited financial results for the quarter and year ended March 31, 2026. Additionally, the Board appointed M/s. Dayal & Lohia, Chartered Accountants, as the statutory auditors for a period of five years, subject to shareholder approval. The company also scheduled its 41st Annual General Meeting for Thursday, August 13, 2026, via Video Conference.

On May 18, 2026, Rama Phosphates Limited convened a board meeting that commenced at 2:30 p.m. and concluded at 4:25 p.m., during which the board considered, noted, and approved key audit-related appointments pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosures were communicated to both BSE Limited and the National Stock Exchange of India Limited.

Appointment of New Statutory Auditors

The board approved the appointment of M/s. Dayal & Lohia, Chartered Accountants, Mumbai, as the statutory auditors of the company, replacing the retiring M/s. Khandelwal & Mehta LLP, Chartered Accountants, whose term concludes at the ensuing 41st Annual General Meeting. The appointment is subject to shareholder approval at the forthcoming Annual General Meeting.

M/s. Dayal & Lohia is a partnership firm established in 1983, registered with the Institute of Chartered Accountants of India with Firm Registration No. 102200W and Peer Review Certificate No. 020117. The firm offers a broad range of professional services, including:

• Audit Services: Statutory Audit, Tax Audit, Internal Audit, Bank Audits (Branches), Systems Audits, EDP Audits, Investigation, Inspection and Fraud Audits, Corporate Governance Audits, and Management Audits
• Taxation: Tax planning, assessment proceedings, advice on amalgamations, mergers, acquisitions and de-mergers, preparation and filing of Income Tax returns, and consultancy on Direct Tax Laws
• Management Consultancy: Advisory on collaboration and joint ventures, restructuring and reorganisation of business, and design and development of accounting, costing, and management information systems
• Corporate Law: Statutory compliance under corporate laws, FEMA (FERA), and allied laws; advisory for public issues, shares and securities valuation, and shareholders' agreements
• Accounting & Financial Services: Payroll processing, transaction statements, payables and receivables data, translation of accounts as per US GAAP and UK Accounting Standards, long-term finance and working capital planning, project finance, and investment planning

The firm maintains its office in Mumbai.

Re-appointment of Cost Auditor for FY 2026-27

The board re-appointed Mr. Arun Agrawal as Cost Auditor for the company's Pune, Indore, Udaipur, and Nimbahera units for Financial Year 2026-27, based on the recommendation of the Audit Committee.

Mr. Arun Agrawal has been practicing as a Cost Accountant since April 2017, with expertise in Cost Audit, Income Tax, GST, Banking Sectors, and Insolvency Professional work, and is associated with firms and companies located at Pune and Mumbai.

Re-appointment of Internal Auditors for FY 2026-27

The board re-appointed internal auditors for each of the company's four manufacturing units for Financial Year 2026-27, each for a period of one year. The following table summarises the appointments:

Each of the appointed internal audit firms brings relevant industry experience:

• M/s. MKRK & Co. (Pune): Incorporated in 2006, the firm provides services in corporate audit, assurance, advisory, Direct Tax audit and advisory, GST advisory and compliances, tax litigation, and various statutory compliances.
• M/s. Pahadia & Associates (Indore): The firm has experience in statutory audits of manufacturing, trading, and service industries, with special expertise in GST search proceedings, post-assessment and appellate proceedings, and Income Tax assessment proceedings.
• M/s. K.L. Vyas & Co. (Udaipur): Operating as an audit and taxation firm since 1985, with experience in corporate audit, taxation, and GST.
• M/s. Nyati Mundra & Co. (Nimbahera): With 44 years of experience, the firm is engaged in company audit, government, NGO and society audits, bank audit, concurrent audit, stock audit, taxation (Income Tax, Service Tax, Sales Tax, and GST), project financing, tax audits, and DGFT-related work.

All the above appointments were made pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The disclosures were signed by Haresh D. Ramsinghani, Chairman & Managing Director (DIN 00035416).