RR Metalmakers India Ltd reports loss in FY26
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.

*this image is generated using AI for illustrative purposes only.
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


































