Revathi Equipment India Limited has announced its 7th Annual General Meeting (AGM) on Friday, September 25, 2026 at 5:00 pm IST, to be held through Video Conference (VC) or Other Audio Visual Means (OAVM) without physical presence of members.

AGM details

The meeting will be conducted in compliance with applicable provisions of the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Ministry of Corporate Affairs (MCA) and SEBI circulars issued from time to time. The AGM notice and Annual Report for the year ended March 31, 2026 will be distributed electronically to members whose email addresses are registered with the Company, Registrar and Share Transfer Agent (RTA), or their respective Depository Participants (DP).

E-voting and member participation

Revathi Equipment India has arranged remote e-voting facilities for all shareholders to cast votes on resolutions set out in the AGM notice. Members holding shares in physical form or those who have not registered their email address with the Company, DP, or RTA may cast their vote remotely or through the e-voting system during the AGM. Members participating through VC or OAVM will be counted for quorum purposes under Section 103 of the Companies Act, 2013.

The AGM notice and Annual Report will be available on the following platforms:

• Company website at www.revathi.in
• Website of National Stock Exchange of India Limited
• Website of BSE Limited
• Website of the e-voting service provider, Instavote by MUFG Intime India Private Limited

Shareholder action required

The company has urged shareholders to update their email ID, bank account details, and Permanent Account Number (PAN) with the Company or RTA for shares held in physical form, and with their DP for shares held in dematerialised form. This is to ensure timely receipt of the Annual Report and other communications. Members who have not registered their email address will receive a letter containing the weblink to access the Annual Report hosted on the company's website.

The newspaper advertisement regarding the AGM was published on August 29, 2026 in Business Standard (English) and Malai Murasu (Tamil). The AGM notice was signed by Abhishek Dalmia, Chairman and Managing Director, dated August 28, 2026 from Coimbatore.

Revathi Equipment India Limited reported a sharp acceleration in profitability for the quarter ended June 30, 2026, with consolidated net profit jumping 258% year-on-year to ₹2.04 crore. The strong performance was underpinned by a 34.9% rise in revenue from operations to ₹30.02 crore and significant cost efficiencies derived from positive inventory valuation changes. Standalone net profit also grew 11% to ₹0.70 crore, reflecting steady operational gains across its equipment manufacturing segment.

The Board of Directors approved the unaudited financial results on August 10, 2026. The results were subjected to a limited review by statutory auditors S S Kothari Mehta and Co. LLP in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company operates in a single segment focused on manufacturing equipment.

Financial Performance

Consolidated revenue from operations increased to ₹30.02 crore from ₹22.26 crore in Q1FY26. Standalone revenue rose 32.5% to ₹29.48 crore. The profit expansion was significantly aided by lower total expenses relative to revenue, particularly through credits from inventory changes.

Earnings per share (basic and diluted) stood at ₹2.29 on a standalone basis and ₹6.64 on a consolidated basis, compared to ₹2.05 and ₹1.87 respectively in the corresponding quarter last year.

What the Numbers Show

The divergence between standalone and consolidated performance highlights the impact of subsidiary operations. While standalone profit growth was modest at 11%, consolidated profit nearly quadrupled. This acceleration is largely attributable to lower total expenses in the consolidated group (₹29.44 crore) against higher revenue (₹30.02 crore), creating a wider operating buffer than seen in the standalone entity where expenses (₹30.66 crore) slightly exceeded revenue (₹29.48 crore) before other income contributions.

Inventory management played a key role in cost control. The consolidated statement showed a credit of ₹5.04 crore from changes in inventories, compared to a debit of ₹4.63 crore in Q1FY26. Similarly, standalone inventory changes contributed a ₹2.95 crore credit versus a ₹4.66 crore debit previously. These adjustments significantly reduced the effective cost of goods sold, boosting bottom-line margins.

Tax expenses remained manageable. Standalone deferred tax expense was ₹0.12 crore, while consolidated current tax was ₹0.44 crore. No exceptional items were reported in either set of results for the quarter.

Subsidiary Contributions

The consolidated results include two limited liability partnerships: Revathi Drilling Solutions LLP and Global Essential Mining Supplies LLP. Global Essential Mining Supplies LLP reported revenue of ₹0.16 crore and a net profit of ₹0.19 crore for the quarter. Its financials were management-certified rather than audited, as deemed immaterial to the overall consolidated results by the auditors.