The Ravalgaon Sugar Farm Limited has reported its audited financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results at a meeting held on Friday, May 22, 2026. The company reported a total loss of Rs 491.22 lakh for the financial year 2025-26, compared to a loss of Rs 201.78 lakh in the previous year. The results were published in newspapers on May 23, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company reported zero revenue from operations for the year ended March 31, 2026, as it remained inactive during the period. Total income for the year stood at Rs 61.13 lakh, derived entirely from other income, down from Rs 241.31 lakh in the prior year. Total expenses for the year increased to Rs 308.74 lakh from Rs 400.88 lakh in the previous year.

For the quarter ended March 31, 2026, the company reported a total loss of Rs 356.14 lakh. Total income for the quarter was Rs 19.01 lakh, while total expenses amounted to Rs 131.54 lakh. The basic earnings per share (EPS) for the year was reported as a loss of Rs 143.10, compared to a loss of Rs 59.62 in the previous year.

Operational Status and Notes

The company stated that it has been inactive during the quarter and year ended March 31, 2026, as it has no operating segments. The sugar factory ceased operations in FY 2013-14 and was sold in September 2018. Additionally, the confectionery business trademarks and intellectual property were sold to Reliance Consumer Products Limited during FY 2023-24.

Auditor's Report

Statutory Auditors M/s. Patkar & Pendse issued an unmodified opinion on the audited financial results. The report drew attention to several contingent liabilities, including legal claims regarding gratuity payments, water usage charges, and property tax demands. The company has filed appeals or representations regarding these matters and has not recognized provisions where the outflow cannot be reliably estimated.

Notice to Shareholders

Pursuant to a SEBI circular dated January 30, 2026, the company informed shareholders that a special window for the transfer and dematerialisation of physical securities sold or purchased before April 1, 2019, will remain open till February 4, 2027. This facility is available only for cases where earlier transfer requests were submitted before April 1, 2019, and were rejected, returned, or not processed due to documentation or procedural deficiencies. Eligible shareholders may contact the company's Registrar and Share Transfer Agent, Purva Sharegistry (India) Private Limited, at their office in Lower Parel, Mumbai.

The Ravalgaon Sugar Farm Limited has communicated to BSE Limited that it is exempt from complying with Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the half year ended March 31, 2026. The disclosure was made pursuant to Regulation 15(2) of the Listing Regulations.

Regulatory Thresholds

Under Regulation 15(2), certain corporate governance provisions do not apply to listed entities with a paid-up share capital not exceeding ₹10 crore and a net worth not exceeding ₹25 crore as on the last day of the previous financial year. Consequently, the company is not required to file details of Related Party Transactions for the specified period.

Financial Position

As of March 31, 2025, the company's financial metrics were below the regulatory limits. The key figures are detailed below:

The company confirmed that it will adhere to the relevant provisions of the Listing Regulations as and when they become applicable in the future.