Ritesh International FY26 net profit rises 11% to ₹367.67 lakh

2 min read     Updated on 26 May 2026, 11:19 PM
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Ritesh International Limited reported an 11% rise in FY26 net profit to ₹367.67 lakh, supported by a 29.5% increase in revenue from operations to ₹16,700.07 lakh. The board approved the audited results on May 21, 2026, and the statutory auditor confirmed full utilization of preferential issue proceeds for debt repayment. The financial results were published in newspapers on May 23, 2026, pursuant to SEBI regulations.

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Ritesh International Limited reported an 11% increase in net profit to ₹367.67 lakh for the fiscal year ended March 31, 2026, compared to ₹329.96 lakh in the previous year. Revenue from operations for FY26 stood at ₹16,700.07 lakh, up from ₹12,898.07 lakh in FY25. The board approved the standalone audited financial results for the quarter and year ended March 31, 2026, during its meeting held on May 21, 2026.

Financial Performance

The company's total revenue for the year reached ₹16,710.72 lakh, while total expenses were reported at ₹16,156.63 lakh. Profit before tax for the year was ₹505.67 lakh, with a net tax expense of ₹138.00 lakh. Earnings per equity share (basic and diluted) for the year were ₹4.23, compared to ₹3.86 in the previous year.

For the quarter ended March 31, 2026, the company reported a net profit of ₹105.12 lakh. Revenue from operations for the quarter was ₹4,874.95 lakh, and total expenses stood at ₹4,707.35 lakh.

Metric FY26 (₹ Lakh) FY25 (₹ Lakh)
Revenue from Operations 16,700.07 12,898.07
Total Revenue 16,710.72 12,912.48
Total Expenses 16,156.63 12,475.78
Profit Before Tax 505.67 422.96
Net Profit 367.67 329.96
Earnings Per Share (Basic) 4.23 3.86

Capital and Fund Utilization

The paid-up equity share capital of the company increased to ₹937.28 lakh as of March 31, 2026, from ₹855.28 lakh in the previous year. Reserves excluding revaluation reserve stood at ₹1,959.33 lakh.

The board provided an update on the preferential issue conducted on January 30, 2026. The company raised ₹379.086 lakh through the issue. The statutory auditor, M/s Ashok Shashi & Co, certified that the issuance proceeds have been fully utilized for the objects of the issue, specifically for the reduction or repayment of credit facilities availed by the company. There was no deviation or variation in the utilization of the funds.

Regulatory Disclosures

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company submitted a copy of the newspaper publication for the financial results to BSE Limited. The results were published in "Desh Sewak" and "Financial Express" on May 23, 2026. The filing was signed by Rijul Arora, Whole-time Director, on May 26, 2026.

Auditor's Report

M/s Ashok Shashi & Co, Statutory Auditors, issued an unmodified opinion on the standalone financial results for the quarter and year ended March 31, 2026. The audit confirmed that the results are presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and give a true and fair view of the company's financial performance.

Historical Stock Returns for Ritesh International

1 Day5 Days1 Month6 Months1 Year5 Years
+0.48%-8.23%-13.86%-24.60%+23.33%-8.75%

How will the reduction in credit facilities impact the company's interest costs and financial flexibility in FY27?

What are the company's strategic growth plans following the significant 29% year-over-year revenue increase?

Does the company anticipate maintaining current profit margins given the rise in total expenses?

Ritesh International Board Meeting Scheduled on May 21, 2026 to Approve Q4 and Full-Year Audited Results

1 min read     Updated on 13 May 2026, 11:31 PM
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Ritesh International has scheduled a board meeting on May 21, 2026, at 1:00 p.m. at its registered office in Punjab, to consider audited financial results for the quarter and year ended March 31, 2026. The meeting agenda also includes the auditor's report from M/s Ashok Shashi & Co. The trading window for company securities, closed since April 1, 2026, will remain shut until 48 hours post the results declaration. The intimation was issued under Regulation 29 of SEBI (LODR) Regulations, 2015, and signed by Wholetime Director Rijul Arora.

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Ritesh International has notified BSE Limited of a board meeting scheduled for Thursday, May 21, 2026, at 1:00 p.m., to be held at the company's registered office located at Momnabad Road, Village Akbarpura, Ahmedgarh, District Sangrur, Punjab – 148021. The intimation has been issued pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Agenda Items

The board meeting has been convened to address the following matters:

Agenda Item: Details
Financial Results: Audited Financial Results for the Quarter and Year Ended 31.03.2026
Auditor's Report: Report issued by M/s Ashok Shashi & Co., Statutory Auditor of the Company
Other Business: Any other agenda with the permission of the Board

Trading Window Closure

In connection with the upcoming results announcement, the company has also informed that the trading window for dealing in the securities of Ritesh International, which was closed for all insiders from April 1, 2026, shall continue to remain closed until the end of 48 hours after the declaration of the financial results for the quarter and year ended March 31, 2026. This measure is in accordance with applicable insider trading regulations.

The intimation was signed by Rijul Arora, Wholetime Director (DIN: 07477956), on behalf of Ritesh International, and was digitally authenticated on May 13, 2026.

Historical Stock Returns for Ritesh International

1 Day5 Days1 Month6 Months1 Year5 Years
+0.48%-8.23%-13.86%-24.60%+23.33%-8.75%

How might Ritesh International's audited financial results for FY2026 compare to its previous year's performance, and what growth trends could emerge in its core business segments?

Following the declaration of Q4 and full-year FY2026 results, will Ritesh International announce any dividend distribution or capital allocation plans for shareholders?

Could the board meeting on May 21, 2026 include any strategic announcements such as expansion plans, new partnerships, or capital expenditure proposals beyond the stated agenda?

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1 Year Returns:+23.33%