RR Metalmakers India Ltd reports loss in FY26

2 min read     Updated on 15 Jul 2026, 01:35 PM
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RR Metalmakers India Limited reported a net loss of ₹67.21 lakh for FY26 against a profit of ₹167.65 lakh in FY25, despite revenue rising to ₹8739.41 lakh. The loss was driven by higher input costs and expenses, though exceptional income from asset sales provided some relief. The auditors qualified the accounts regarding revenue recognition for export sales where goods were not yet transferred. The 31st AGM is set for August 7, 2026, to approve financial results and re-appoint Independent Director Mr. Samir Mukund Patil.

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RR Metalmakers India Limited reported a net loss of ₹67.21 lakh for the financial year ended March 31, 2026, compared to a net profit of ₹167.65 lakh in the previous year. Revenue from operations increased to ₹8739.41 lakh from ₹5250.82 lakh in FY25. The company attributed the loss to higher input costs and expenses during the year, alongside an exceptional income of ₹202.71 lakh from the sale of a warehouse and a factory.

The board has proposed the re-appointment of Mr. Samir Mukund Patil as an Independent Director for a second term of five years commencing July 12, 2027. The company will hold its 31st Annual General Meeting (AGM) on Friday, August 07, 2026, at 11:30 a.m. IST via video conferencing to approve the audited financial statements and consider the re-appointment of directors.

Financial Performance

The company’s total income for FY26 stood at ₹8739.41 lakh, up from ₹5250.82 lakh in the previous year. However, total expenses excluding depreciation rose to ₹8933.72 lakh from ₹5054.78 lakh. The profit before depreciation, exceptional item, and tax was a loss of ₹194.31 lakh, compared to a profit of ₹196.04 lakh in FY25.

Particulars March 31, 2026 (₹ in Lakhs) March 31, 2025 (₹ in Lakhs)
Total Income 8739.41 5250.82
Total Expenses (Excl. Depreciation) 8933.72 5054.78
Profit/(Loss) before Depreciation, Exceptional Item and Tax (194.31) 196.04
Depreciation 21.70 28.39
Profit/(Loss) before Tax and Exceptional Item (216.01) 167.65
Exceptional Item 202.71 --
Tax Expenses 53.91 --
Profit/(Loss) after tax (67.21) 167.65

Auditor’s Observations

M/s. M.A Chavan & Co., Chartered Accountants, the statutory auditors, issued a qualified opinion on the financial statements. The auditors noted that the company recognized revenue for export sales to Samaira International Limited amounting to ₹1,354.70 lakhs and Grandmark Global PTE Ltd. amounting to ₹275.52 lakhs. As per IND AS 115, revenue should be recognized when goods are transferred to the customer. The auditors observed that the goods had not been transferred as of the audit report date, leading to an overstatement of revenue from operations and trade receivables. The company stated that the goods have been sold and the GST invoice was generated, but shipment was delayed due to the DMG portal not monitoring movement and scarcity of ships due to the Iran-Israel war.

AGM and E-Voting Details

Shareholders can participate in the AGM through video conferencing. Remote e-voting will commence on August 04, 2026, at 9:00 a.m. IST and conclude on August 06, 2026, at 5:00 p.m. IST. The cut-off date for determining shareholder eligibility is July 31, 2026. Ms. Preeti Bhangle, Partner of M/s. VPP & Associates, has been appointed as the Scrutinizer for the e-voting process.

Historical Stock Returns for RR Metalmakers

1 Day5 Days1 Month6 Months1 Year5 Years
-1.69%+0.99%+5.00%+124.07%+86.38%+104.52%

How will the company address the auditor's qualified opinion regarding the ₹1,630 lakh revenue recognition for delayed shipments?

What specific cost-control measures will be implemented to offset the rising input expenses that caused the net loss?

With the warehouse and factory now sold, how will this impact the company's operational capacity and future asset base?

Shantaben Patel sells 12,455 shares in RR MetalMakers India

1 min read     Updated on 07 Jul 2026, 10:49 AM
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Shantaben Sureshbhai Patel sold 12,455 shares, representing 0.13% of RR MetalMakers India Ltd, via the open market on July 6, 2026. The disclosure filed under SEBI regulations confirms that her holding has reduced to nil following the transaction.

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Shantaben Sureshbhai Patel has divested her entire shareholding in RR MetalMakers India Ltd by selling 12,455 shares through the open market on July 6, 2026. The transaction, which represents 0.13% of the company's total paid-up equity share capital, was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to the sale, the acquirer held a 0.13% stake in the target company, which has now been reduced to nil following the disposal of shares.

The shares were sold on the BSE Limited, where RR MetalMakers India Ltd is listed. The equity share capital of the company remained unchanged at 90,08,824 shares of Re. 10/- each before and after the transaction. The disclosure confirmed that the acquirer did not belong to the promoter or promoter group of the target company.

Shareholding Details

The disclosure outlines the shift in holding structure for Shantaben Sureshbhai Patel, detailing the status before and after the market transaction.

Description Number of Shares % of Total Share Capital % of Total Diluted Share Capital
Holding Before Sale
Shares carrying voting rights 12,455 0.13 0.13
Total (a+b+c) 12,455 0.13 0.13
Shares Sold 12,455 0.13 0.13
Holding After Sale
Shares carrying voting rights Nil Nil Nil
Total (a+b+c) Nil Nil Nil

Transaction Particulars

The sale was executed via the open market mechanism. The specific date of the share sale was recorded as July 6, 2026. The total diluted share/voting capital of the target company, assuming full conversion of outstanding convertible securities or warrants, stands at 90,08,824 shares. The salient features of the securities were noted as not applicable in the filing, which was signed and submitted by the acquirer from Ahmedabad.

Historical Stock Returns for RR Metalmakers

1 Day5 Days1 Month6 Months1 Year5 Years
-1.69%+0.99%+5.00%+124.07%+86.38%+104.52%

What motivated the shareholder to exit the position completely, and does this signal a lack of confidence in the company's future performance?

How might the open market sale of this stake impact RR MetalMakers' share price and liquidity in the short term?

Are there other significant shareholders currently considering divesting their holdings following this transaction?

More News on RR Metalmakers

1 Year Returns:+86.38%