Rishiroop Ltd's Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 16, 2026. The statutory auditor issued an unmodified opinion on the results. A public notice regarding these results was published in the Business Standard on May 18, 2026, and in a Marathi publication on May 17, 2026, pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board also recommended a dividend and appointed a new internal auditor.

Financial Performance: FY26 vs FY25

Rishiroop reported a decline in both revenue and profitability for the full year ended March 31, 2026, compared to the previous year. Total revenue from operations fell to ₹7,198.97 lakhs from ₹7,436.11 lakhs in FY25. Net profit for FY26 stood at ₹670.00 lakhs, down from ₹1,066.37 lakhs in FY25. The decline in profitability was partly influenced by a loss on fair valuation of investments of ₹(21.27) lakhs in FY26, compared to a gain of ₹743.60 lakhs in FY25.

The following table summarises the key financial metrics for FY26 and FY25:

Quarterly Performance: Q4 FY26

For the quarter ended March 31, 2026, Rishiroop reported a net loss of ₹(561.54) lakhs, compared to a net loss of ₹(238.73) lakhs in the corresponding quarter of the previous year. Total revenue from operations for Q4 FY26 was ₹2,135.73 lakhs, higher than ₹1,874.84 lakhs in Q4 FY25. The quarter was significantly impacted by a loss on fair valuation of investments of ₹(908.26) lakhs.

Balance Sheet Highlights

As at March 31, 2026, Rishiroop's total assets stood at ₹16,264.27 lakhs, up from ₹15,269.81 lakhs as at March 31, 2025. Total equity increased to ₹13,708.09 lakhs from ₹13,185.60 lakhs. Non-current investments were ₹10,859.29 lakhs, while current investments stood at ₹1,734.52 lakhs. Paid-up equity share capital remained unchanged at ₹916.36 lakhs, with reserves (excluding revaluation reserve) at ₹12,791.73 lakhs as at March 31, 2026.

Cash Flow Summary

For the year ended March 31, 2026, net cash from operating activities was ₹377.05 lakhs, compared to ₹136.94 lakhs in FY25. Net cash used in investing activities was ₹(307.92) lakhs, against a net inflow of ₹176.14 lakhs in FY25, primarily on account of higher investment purchases of ₹4,202.85 lakhs. Net cash used in financing activities was ₹(163.51) lakhs, including dividends paid of ₹(137.45) lakhs. Overall, cash and cash equivalents decreased by ₹(94.38) lakhs during FY26, closing at ₹238.94 lakhs compared to ₹333.32 lakhs at the beginning of the period.

Dividend Recommendation and Other Board Decisions

The Board of Directors recommended a dividend of 15%, i.e., ₹1.50 per equity share of ₹10 each (subject to deduction of tax at source) for the financial year ended March 31, 2026, pending shareholder approval at the ensuing 41st Annual General Meeting. The company also disclosed that the implementation of the Labour Codes notified by the Government of India on November 21, 2025 has resulted in an increase in gratuity and leave liability arising out of past service cost by ₹12.01 lakhs. Additionally, Laxmikant Kabra & Co. LLP (FRN 117183W/W100736) was appointed as Internal Auditors for Financial Year 2026-27, effective May 16, 2026. The company operates in a single business segment — Polymers & Compound.

Rishiroop Ltd. has informed stock exchanges that its Board of Directors, in a meeting held on May 16, 2026, approved the renewal of a leave and license agreement with Rishiroop Polymers Private Limited, a promoter group entity and related party. The renewal extends the agreement for a further period of 11 months, up to July 7, 2027, and was accorded approval following the prior consent of the Audit Committee. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agreement Details and Key Terms

The renewed agreement pertains to office premises located at 1005, The Summit Business Bay, Behind WEH Metro Station, Andheri East, Mumbai – 400 093, covering a carpet area of 1,000 sq. ft. The terms and conditions of the renewed agreement remain unchanged from those approved in the Board meeting held on August 12, 2024. The key terms of the agreement are outlined below:

Counterparty and Related Party Disclosure

The counterparty to the agreement, Rishiroop Polymers Private Limited, is part of the promoter and promoter group of Rishiroop Ltd. and holds 30.96% of the paid-up capital of the listed entity as on the date of disclosure. Some directors of the listed entity also serve as directors and shareholders of Rishiroop Polymers Private Limited. The listed entity holds no shareholding in Rishiroop Polymers Private Limited.

The transaction falls within the scope of related party transactions under applicable regulations. The company has confirmed that the transaction has been executed on an arm's length basis, and the agreement does not have any impact on the management or control of the listed entity.

Regulatory Compliance

The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. The company has stated that no security deposit is payable under the agreement, and the monthly rental obligation of Rs. 2,50,000/- (exclusive of GST) to Rishiroop Polymers Private Limited constitutes the primary financial liability arising from the arrangement. The filing was signed by Agnelo A. Fernandes, Company Secretary of Rishiroop Ltd.