Rite Zone Chemcon FY26 Net Profit Falls to ₹34.13 Lakh
Rite Zone Chemcon India Limited reported a net profit of ₹34.13 lakh for the year ended March 31, 2026, a decline from ₹89.32 lakh in the previous year. Total revenue decreased to ₹2581.84 lakh from ₹2642.19 lakh in FY25. The company's total assets increased to ₹2263.97 lakh, and it successfully utilized all IPO proceeds of ₹896.40 lakh.
*this image is generated using AI for illustrative purposes only.
Rite Zone Chemcon India Limited has released its audited standalone financial results for the fiscal year ended March 31, 2026. The Board of Directors approved the financial statements during a meeting held on May 20, 2026. The statutory auditors have issued an unmodified opinion on the results.
For the full year, the company reported a total revenue of ₹2581.84 lakh, a decrease from ₹2642.19 lakh in the previous year. Revenue from operations for FY26 stood at ₹2554.43 lakh, compared to ₹2619.97 lakh in FY25. Total expenses for the period amounted to ₹2525.14 lakh, slightly lower than the ₹2528.93 lakh recorded in the prior year.
The net profit for the year declined to ₹34.13 lakh from ₹89.32 lakh in the corresponding period last year. Consequently, the basic and diluted earnings per share (EPS) dropped to ₹0.81 from ₹2.11 in the previous fiscal year. The profit before tax for the year was ₹56.69 lakh, down from ₹113.25 lakh in FY25.
Financial Performance Overview
The following table summarizes the key financial metrics for the year ended March 31, 2026, compared to the previous year:
| Particulars | Year Ended March 31, 2026 (Audited) | Year Ended March 31, 2025 (Audited) |
|---|---|---|
| Revenue from Operations | 2554.43 | 2619.97 |
| Total Revenue | 2581.84 | 2642.19 |
| Total Expenses | 2525.14 | 2528.93 |
| Profit Before Tax | 56.69 | 113.25 |
| Net Profit | 34.13 | 89.32 |
| Basic EPS (₹) | 0.81 | 2.11 |
Assets and Liabilities
As of March 31, 2026, the company's total assets were valued at ₹2263.97 lakh, an increase from ₹2152.20 lakh in the previous year. Shareholders' funds grew to ₹1542.47 lakh from ₹1508.34 lakh. Current assets increased significantly to ₹1829.35 lakh, driven largely by trade receivables and cash and cash equivalents.
Cash Flow and Fund Utilization
The net cash generated from operating activities improved to ₹65.95 lakh in FY26 compared to a negative figure of -₹5.57 lakh in the previous year. Cash and cash equivalents at the end of the year stood at ₹44.89 lakh. Additionally, the company confirmed that it has fully utilized the proceeds from its Initial Public Offer (IPO), amounting to ₹896.40 lakh, for the intended objects of working capital requirements, general corporate purpose, and issue expenses.
Historical Stock Returns for Rite Zone Chemcon
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.07% | -7.04% | +2.59% | -9.17% | -12.80% | -74.93% |
With net profit declining nearly 62% despite relatively stable revenues, what specific cost optimization or revenue diversification strategies is Rite Zone Chemcon likely to pursue in FY27 to restore profitability?
Given that the company has fully utilized its IPO proceeds, will Rite Zone Chemcon consider raising additional capital through debt or equity instruments to fund future growth initiatives?
How might the significant increase in trade receivables contributing to higher current assets impact the company's working capital cycle and liquidity position in the near term?
18
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
