Readymix FY26 revenue rises 23.7% to ₹90.60 lakh

1 min read     Updated on 30 May 2026, 10:58 PM
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Readymix Construction Machinery reported a 23.7% increase in revenue from operations to ₹90,60,249.62 for the year ended March 31, 2026, while net profit declined 19.9% to ₹7,48,124.30. Total expenses rose to ₹81,16,319.85, and basic EPS fell to ₹6.83. The Board approved the audited results on May 29, 2026, and the company confirmed full utilization of IPO proceeds.

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Readymix Construction Machinery reported a 23.7% increase in revenue from operations to ₹90,60,249.62 for the year ended March 31, 2026, compared to ₹73,27,582.26 in the previous year. Net profit for the period declined 19.9% to ₹7,48,124.30 from ₹9,33,912.56 in FY25. The Board of Directors approved the audited financial results and took on record the audit report issued by the Statutory Auditors, B S M A R T AND ASSOCIATES LLP, at its meeting held on May 29, 2026.

Financial Performance

Total income for FY26 rose to ₹91,27,756.13 from ₹73,50,244.21 in the prior year. The company reported a basic and diluted earnings per share of ₹6.83 for FY26, down from ₹11.24 in the previous year. Total expenses increased to ₹81,16,319.85, driven by higher costs of material consumed, employee benefit expenses, and finance costs.

Balance Sheet and Cash Flows

The company's total assets stood at ₹1,08,91,385.24 as of March 31, 2026, up from ₹84,71,099.38 a year earlier. Shareholders' equity increased to ₹68,59,965.78, comprising share capital of ₹10,95,850.00 and reserves and surplus of ₹57,64,115.78. Cash and cash equivalents decreased significantly to ₹36,528.76 from ₹3,97,087.25 at the end of FY25.

Metric FY26 (₹) FY25 (₹)
Revenue from Operations 90,60,249.62 73,27,582.26
Net Profit 7,48,124.30 9,33,912.56
Total Income 91,27,756.13 73,50,244.21
Total Expenses 81,16,319.85 60,96,024.13
Basic EPS 6.83 11.24

IPO Proceeds Utilization

The company, which listed on February 13, 2025, fully utilized the net proceeds from its initial public offering amounting to ₹37,66,260.00. The funds were utilized for repayment of borrowings, meeting working capital requirements, and general corporate purposes. The statutory auditor issued an unmodified opinion on the financial results.

Historical Stock Returns for Readymix Construction Machinery

1 Day5 Days1 Month6 Months1 Year5 Years
-2.37%-11.40%-16.68%-40.02%-16.50%-34.83%

What specific strategies will management implement to curb rising material and finance costs to restore profit margins?

How will the significant depletion in cash and cash equivalents impact the company's ability to fund future working capital needs?

With IPO proceeds fully utilized, does the company plan to raise additional capital or take on new debt to support its growth?

Readymix Construction Machinery
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