Retina Paints FY26 net profit falls 51% despite revenue rise

1 min read     Updated on 28 May 2026, 03:37 PM
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Retina Paints reported a 51% decline in net profit to ₹6.39 million for FY26, despite revenue from operations rising to ₹237.41 million. Total expenses increased to ₹228.97 million, leading to a drop in profit before tax to ₹9.62 million. The board approved the re-appointment of internal, secretarial, and tax auditors for FY27 and confirmed compliance with SEBI regulations.

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Retina Paints reported a net profit of ₹6.39 million for the financial year ended March 31, 2026, a decline of 51% from ₹13.04 million in the previous year. Revenue from operations for the year rose to ₹237.41 million, compared to ₹206.24 million in FY25. The board approved the audited standalone financial results and the re-appointment of statutory auditors for FY27 at its meeting held on May 28, 2026.

Financial Performance

The company's total income for FY26 stood at ₹238.59 million, up from ₹210.09 million in the previous year. Total expenses increased to ₹228.97 million from ₹191.58 million in FY25. The profit before tax for the year was ₹9.62 million, down from ₹18.51 million in the corresponding period last year. Earnings per share (EPS) for the year decreased to ₹0.42 from ₹0.85 in FY25.

Auditor Appointments

The board approved the re-appointment of M/s. M M R S & Co as Internal Auditors, M/s. MVK & Associates as Secretarial Auditors, and M/s. KP Associates as Tax Auditors for the financial year 2026-27. The statutory auditors, CMT & Associates, issued an unmodified audit report on the financial results.

Key Financial Metrics

Metric FY26 (₹ in Thousands) FY25 (₹ in Thousands)
Revenue from Operations 2,37,409.83 2,06,242.23
Total Income 2,38,591.18 2,10,093.83
Total Expenses 2,28,969.50 1,91,583.63
Profit Before Tax 9,621.68 18,510.20
Net Profit 6,391.49 13,039.42
Earnings Per Share (Basic) 0.42 0.85

Borrowings and Compliance

The company disclosed that its outstanding qualified borrowings at the end of FY26 were ₹19.28 crore, compared to ₹9.84 crore at the start of the financial year. Incremental borrowing during the year amounted to ₹9.44 crore. The financial results were reviewed and recommended by the audit committee and are in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Historical Stock Returns for Retina Paints

1 Day5 Days1 Month6 Months1 Year5 Years
-6.09%-4.44%-10.40%-40.93%-17.34%+40.98%

What strategic measures will Retina Paints implement to curb the rising expenses that outpaced revenue growth?

How does the company plan to utilize the significant increase in borrowings to improve profitability in FY27?

Will the rising debt burden impact the company's ability to maintain dividend payouts or fund future expansion?

Retina Paints Limited Submits Q4FY26 SEBI Compliance Certificate for Dematerialized Securities

1 min read     Updated on 15 Apr 2026, 12:23 PM
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AI Summary

Retina Paints Limited submitted its Q4FY26 compliance certificate under SEBI Regulation 74(5) to the Bombay Stock Exchange on 15th April, 2026. The company's RTA, BTS Consultancy Services Private Limited, confirmed that the regulation is not applicable as the entire equity holding is in dematerialized form. Company Secretary Madhu Solanki executed the submission, demonstrating the company's commitment to regulatory compliance and corporate governance standards.

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Retina Paints Limited has fulfilled its quarterly regulatory obligations by submitting the mandatory compliance certificate under SEBI (Depositories and Participants) Regulations, 2018 to the Bombay Stock Exchange. The submission pertains to the quarter ended 31st March, 2026, demonstrating the company's adherence to securities market regulations.

Regulatory Compliance Details

The compliance certificate was submitted under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, which governs the dematerialization of securities. Company Secretary and Compliance Officer Madhu Solanki made the formal submission on 15th April, 2026, ensuring timely regulatory compliance.

Parameter: Details
Regulation: SEBI Regulation 74(5)
Quarter Period: Ended 31st March, 2026
Submission Date: 15th April, 2026
Exchange: Bombay Stock Exchange Limited
Scrip Code: 543902

RTA Confirmation and Certificate Status

BTS Consultancy Services Private Limited, serving as the company's Registrar and Transfer Agent, issued the confirmation certificate on 8th April, 2026. The RTA provided a significant clarification regarding the applicability of the regulation to Retina Paints Limited.

According to the certificate issued by BTS Consultancy Services, Regulation 74(5) is not applicable to the company due to a specific circumstance related to its shareholding structure. The RTA confirmed that the entire holding of the company's equity shares are in dematerialized form, which exempts the company from certain provisions of the regulation.

Corporate Governance Framework

The submission reflects Retina Paints Limited's commitment to maintaining robust corporate governance standards and regulatory compliance. The company operates from its registered office located at Block No. 2, Floors 2&3, Survey No. 184 & 185, opposite Ganesh Kaman, Phase-5, IDA Cherlapally, Medchel Malkajgiri, Hyderabad-500051, Telangana.

Key Compliance Personnel

  • Company Secretary: Madhu Solanki (Membership Number: A75333)
  • Registrar and Transfer Agent: BTS Consultancy Services Private Limited
  • SEBI Registration: INR200004031

The digital signature authentication confirms that Madhu Solanki, in her capacity as Company Secretary and Compliance Officer, executed the submission on 15th April, 2026, at 10:37:46 hours. This systematic approach to regulatory filings underscores the company's professional handling of compliance requirements and transparent communication with stock exchange authorities.

Historical Stock Returns for Retina Paints

1 Day5 Days1 Month6 Months1 Year5 Years
-6.09%-4.44%-10.40%-40.93%-17.34%+40.98%

How might Retina Paints' complete dematerialization of equity shares impact its future capital raising activities or share trading liquidity?

What strategic initiatives is Retina Paints planning for FY 2026-27 following its consistent regulatory compliance track record?

Will SEBI's evolving depositories regulations create new compliance requirements for companies like Retina Paints in upcoming quarters?

More News on Retina Paints

1 Year Returns:-17.34%