Regency Ceramics Limited reported a widened net loss of ₹2,384.48 lakh for the financial year ended March 31, 2026, compared to a net loss of ₹225.01 lakh in the previous year, as the company continues to grapple with the aftermath of industrial violence and operational restarts. Revenue from operations for the year rose to ₹3,826.78 lakh from ₹1,314.70 lakh in FY25. The statutory auditors issued a qualified opinion on the financial results, citing non-provision of liabilities and uncertainties regarding asset impairment and inventory valuation.

The Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026. The company reported a total income of ₹4,086.08 lakh for FY26, up from ₹2,576.80 lakh in the previous year. Total expenditure increased significantly to ₹6,619.15 lakh from ₹3,064.61 lakh in FY25. The basic and diluted earnings per share for the year stood at (₹9.02), a decline from ₹0.85 in the prior year.

The financial statements have been prepared on a going concern basis despite the company reporting an accumulated loss of ₹12,908.87 lakh as on March 31, 2026, resulting in the erosion of net worth. The company noted that business activities have been initiated, generating revenue and cash flows. It has refurbished one manufacturing line in its Yanam plant and entered into an exclusive manufacturing arrangement for glazed vitrified tiles at a facility in Andhra Pradesh, where operations have been ongoing for the last 18 months.

K.S. Rao & Co., the statutory auditors, issued a qualified opinion highlighting several material uncertainties. The financial statements were prepared without considering the effect of impairment on the value of property, plant, and equipment. Additionally, the company has not provided for liabilities towards salary, wages, gratuity, and leave encashment for factory employees following a lock-out declared in January 2012. The auditors also noted the absence of confirmations for debtors and creditors, and the non-provision of interest on unsecured loans from directors and overdue amounts payable to Micro, Small and Medium Enterprises suppliers.

The auditors further pointed out that the company holds long-pending trade receivables and advances aggregating ₹2,419.65 lakhs, for which the limitation period has expired, raising doubts about recoverability. Similarly, long-pending trade payables aggregating ₹2,320.49 lakhs lack sufficient evidence to demonstrate the liability. The valuation of inventories was also noted as uncertain, though management stated that a stock audit was conducted to reconcile values.

Financial Performance Summary

The Board also approved the re-appointment of M/s. Brahmayya & Co. as the internal auditor for the financial year 2026-27, based on the recommendation of the Audit Committee. The trading window for dealing in the company's securities, which was closed on April 1, 2026, will remain closed until 48 hours after the announcement of the financial results.

Regency Ceramics Limited has informed the stock exchanges that its board meeting is scheduled to be held on Saturday, May 30, 2026. The meeting will take place at the Registered Office of the company. The primary agenda for the meeting is to consider and approve the audited financial results of the company for the quarter and year ended March 31, 2026.

Board Meeting Agenda

The board will discuss the financial performance for the specified period. Apart from the financial results, the directors may also consider any other agenda item with the permission of the Chair. The intimation was sent pursuant to Regulation 29 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Trading Window Closure

In continuation of a previous intimation regarding the closure of the trading window, the company has specified that the window will remain closed for all designated persons and their immediate relatives. The closure will extend until Monday, June 01, 2026, which is 48 hours after the conclusion of the board meeting.