Regency Ceramics appointed Mr. Subbiah Srinivasan Battina as an Additional Director in the category of Non-Executive Independent Director on September 2, 2026.

The Board of Directors approved the appointment during its meeting held on September 2, 2026, based on the recommendation of the Nomination and Remuneration Committee. The appointment is effective from September 2, 2026.

Appointment Details

Mr. Battina will serve for a period of 3 years. His appointment is subject to shareholder approval at the next General Meeting or within three months from the date of appointment, whichever is earlier. He is not liable to retire by rotation.

The company confirmed that Mr. Battina is not debarred from holding the office of Director pursuant to any SEBI order or other authority. He is not related to any existing Director on the Board.

Profile and Experience

Mr. Subbiah Srinivasan Battina is a B.Com graduate and a qualified Chartered Accountant with 53 years of experience. He is a Member of The Institute of Chartered Accountants of India.

His expertise spans finance, accounts, auditing, internal control, audit systems, and income tax consultation. He has served as a statutory and internal auditor for small, medium, and large-scale companies, partnership firms, proprietary firms, NGOs, and educational institutions. Additionally, he has associated with various charitable institutions as an adviser and trustee.

Regulatory Compliance

The intimation was issued pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III thereto. The Board meeting commenced at 4:45 pm and concluded at 5:05 pm.

Regency Ceramics reported a sharp recovery in operating scale for the quarter ended June 30, 2026, driven by a substantial increase in revenue. The Hyderabad-based ceramics manufacturer posted total income from operations of ₹1,832.59 lakh, marking a 173% surge compared to ₹672.04 lakh in the corresponding quarter of FY25.

The company’s financial results, approved by the Board of Directors on August 13, 2026, show a narrowing of losses despite continued profitability challenges. Net loss for the quarter stood at ₹256.80 lakh, a significant improvement from the ₹1,249.40 lakh loss recorded in the immediately preceding quarter (Q4FY26). However, the loss was wider than the ₹196.01 lakh reported in Q1FY25, indicating that while volume or pricing has improved significantly, cost structures have not yet adjusted to deliver bottom-line growth.

Financial Performance Overview

The unaudited standalone results highlight divergent trends between top-line growth and bottom-line pressure. While revenue nearly tripled year-on-year, the company continues to operate at a net loss. There were no exceptional items reported for the period.

Earnings per share (EPS) stood at a loss of ₹0.97 per equity share, compared to a loss of ₹4.73 in the previous quarter and ₹0.74 in the same quarter last year. The equity share capital remains unchanged at ₹2,644.16 lakh.

What the Numbers Show

A key observation from the filing is the disconnect between revenue acceleration and margin expansion. Although total income grew by over 170% year-on-year, the net loss widened by approximately 31% compared to Q1FY26. This suggests that while Regency Ceramics has successfully scaled its sales operations, fixed costs or input expenses have risen disproportionately during this period, preventing the revenue gains from translating into immediate profitability. The sequential reduction in loss (from ₹1,249.40 lakh in Q4 to ₹256.80 lakh in Q1) indicates improving operational efficiency relative to the prior quarter's severe drag.