Resourceful Automobile Limited reported a 19.2% increase in net profit to ₹151.01 lakh for the financial year ended March 31, 2026, compared to ₹126.69 lakh in the previous year. Revenue from operations rose 25% to ₹2,625.91 lakh from ₹2,099.86 lakh in FY25, while total income grew to ₹2,688.35 lakh. The company’s earnings per share (EPS) improved to ₹5.69 from ₹4.77 in the prior year.

The Board of Directors has scheduled the 9th Annual General Meeting (AGM) for Tuesday, August 11, 2026, at 12:30 P.M. IST via Video Conference. The meeting will consider the adoption of audited standalone financial statements for FY26 and the re-appointment of Mrs. Bindu Sawhney as Non-Executive Director. Shareholders will also vote on appointing M/s Nahar V and Company, Chartered Accountants, as statutory auditors to fill a casual vacancy.

Financial Performance

The company’s profit before tax for FY26 stood at ₹202.79 lakh, up from ₹169.80 lakh in the previous year. Total expenses for the year were reported at ₹2,485.56 lakh. The finance cost for the period was ₹100.38 lakh. The auditors, M/s Nahar V and Company, noted in their report that the company has not complied with the provisions of Rule 36(4) of the CGST Act and identified a material weakness in internal financial controls regarding risk assessment for potential fraud.

AGM Details and Voting

The Register of Members and Share Transfer Books will remain closed from Wednesday, August 5, 2026, to Tuesday, August 11, 2026. The record date for determining shareholder eligibility is fixed as Tuesday, August 4, 2026. Remote e-voting will commence on Saturday, August 8, 2026, at 9.00 A.M. and conclude on Monday, August 10, 2026, at 5.00 P.M.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE0SK201011/05ec6ef6-02dd-4644-9798-f7d103794601.pdf

Resourceful Automobile Limited reported a net profit of ₹151.01 lakh for the financial year ended March 31, 2026, representing an increase from ₹127.07 lakh in the previous year. Revenue from operations for the period rose to ₹2,625.91 lakh, compared to ₹2,062.86 lakh in FY25. The company’s total income for the year stood at ₹2,688.35 lakh. The Board of Directors approved the standalone audited financial results for the half year and year ended March 31, 2026, at a meeting held on June 17, 2026. The results were recommended by the Audit Committee and are accompanied by an unmodified opinion from the statutory auditors, M/s Nahar V & Company, Chartered Accountants.

Financial Performance

The company reported a profit before tax of ₹202.79 lakh for FY26, up from ₹169.80 lakh in the prior year. Total expenses for the year increased to ₹2,485.56 lakh from ₹1,994.15 lakh in FY25. The finance costs for the year amounted to ₹100.38 lakh, while depreciation and amortisation expenses were recorded at ₹2.79 lakh. For the half year ended March 31, 2026, the net profit was recorded at ₹129.73 lakh, with revenue from operations at ₹1,814.12 lakh. Earnings per share (EPS) basic for the full year improved to ₹5.69 from ₹4.78 in the previous year.

Key Financial Metrics

IPO Fund Utilisation

During the SME IPO, Resourceful Automobile Limited raised ₹11.99 crore by issuing 10,24,800 equity shares at a price of ₹117 per share. The funds were allocated towards working capital requirements, repayment of debt, and general corporate purposes. As of March 31, 2026, unutilised IPO proceeds amounting to ₹1.66 lakh were lying in an escrow account maintained with Axis Bank.

Balance Sheet and Cash Flows

The company’s reserves and surplus increased to ₹1,569.32 lakh as of March 31, 2026, from ₹1,418.32 lakh in the previous year. Long-term borrowings saw a significant rise to ₹1,236.18 lakh from ₹500.00 lakh. Cash and cash equivalents decreased to ₹103.40 lakh from ₹345.45 lakh at the end of the previous year. The net cash generated from operating activities was negative at ₹(811.65) lakh, primarily due to changes in working capital.