Rungta Irrigation sets Sept 29 AGM; FY26 revenue at ₹1,811.8 lakh
- Rungta Irrigation schedules 42nd AGM for September 29, 2026, via Video Conferencing
- Remote e-voting window opens September 26 and closes September 28, 2026
- FY26 net revenue fell 17.4% to ₹18,117.63 lakh from ₹21,934.92 lakh in FY25
- Profit after tax declined 11.7% to ₹549.28 lakh; no dividend recommended
*this image is generated using AI for illustrative purposes only.
Rungta Irrigation Limited has scheduled its 42nd Annual General Meeting (AGM) for Tuesday, September 29, 2026, at 12:00 pm via Video Conferencing. The company designated September 22, 2026, as the record date for shareholder eligibility.
The register of members and share transfer books will remain closed from September 23, 2026, through September 29, 2026, both days inclusive. This closure ensures an accurate list of shareholders entitled to vote during the virtual assembly.
Financial Performance in FY26
The board approved the annual report and financial results for FY26 on August 24, 2026. During the fiscal year ended March 31, 2026, the company recorded a total income of ₹18,385.76 lakh, reflecting a decline of approximately 16.94% from ₹22,135.49 lakh in the previous year. Net revenue from operations stood at ₹18,117.63 lakh, compared to ₹21,934.92 lakh in FY25.
Despite the moderation in revenues, the company maintained stable operations through prudent cost management. Earnings before depreciation, interest, exceptional items, and tax (EBIDT) were ₹1,013.74 lakh, against ₹1,113.65 lakh in the prior year. After providing for depreciation of ₹285.09 lakh, the company reported a Profit Before Tax (PBT) of ₹728.65 lakh, down from ₹881.97 lakh in FY25.
| Metric | FY26 (₹ Lakh) | FY25 (₹ Lakh) | Change |
|---|---|---|---|
| Net Revenue | 18,117.63 | 21,934.92 | -17.4% |
| Profit Before Tax | 728.65 | 881.97 | -17.4% |
| Profit After Tax | 549.28 | 622.38 | -11.7% |
After tax expenses of ₹179.37 lakh, the Profit After Tax (PAT) for the year was ₹549.28 lakh, compared to ₹622.38 lakh in the previous year. The company also recorded Other Comprehensive Income of ₹58.10 lakh, resulting in a Total Comprehensive Income of ₹607.38 lakh.
AGM Logistics and Voting
Remote e-voting will commence on Saturday, September 26, 2026, at 9:00 am and end on Monday, September 28, 2026, at 5:00 pm. Shareholders holding equity shares with a face value of ₹10 each on the record date are eligible to participate and vote. The meeting will be conducted in compliance with the Companies Act, 2013, and relevant SEBI and MCA circulars.
The electronic dispatch of the Notice and Annual Report was completed on Tuesday, September 1, 2026. Soft copies are available on the company’s website and the BSE Limited portal. Members holding shares in physical mode who have not registered email addresses can temporarily register by sending scanned documents to the Company Secretary.
Corporate Governance Updates
Rekha Rathore, Company Secretary & Compliance Officer, issued the disclosure regarding the book closure dates and AGM logistics. The board meeting that approved the FY26 results concluded on August 24, 2026. No dividend is recommended for the financial year 2025-26, as the board decided to retain profits to plough back into the business.
Historical Stock Returns for Rungta Irrigation
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.04% | -0.72% | -0.20% | +5.37% | -23.57% | +275.70% |
What specific capital allocation strategies or expansion projects will the retained earnings be directed toward to reverse the 16.94% revenue decline in FY27?
How does management plan to address the broader industry headwinds that contributed to the simultaneous drop in net revenue and profit before tax?
Will the company reconsider its dividend policy in future quarters if operational efficiency improvements lead to stabilized cash flows?
15
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
