Rushabh Precision Bearings Ltd narrowed its net loss to ₹22.64 lakh for the financial year ended March 31, 2026, compared to a loss of ₹30.03 lakh in the previous year. The company reported zero revenue from operations for FY26, while total expenses declined to ₹22.64 lakh from ₹30.03 lakh in FY25. The statutory auditors, M/s. Rajesh Laxmi & Associates, issued an unmodified and unqualified opinion on the standalone audited financial results.

The Board of Directors approved the audited financial results at its meeting held on May 19, 2026. The company confirmed that the financial statements do not contain any false or misleading statements and that all material facts have been disclosed in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company’s financial performance for FY26 reflects a reduction in losses despite the absence of operational revenue. Employee benefit expenses stood at ₹2.40 lakh, while other expenses accounted for ₹20.24 lakh. The basic and diluted earnings per share (EPS) for the year improved to (₹0.25) from (₹0.33) in the previous year.

Key Financial Metrics (₹ In Lakhs)

Asset Revaluation

The auditors drew attention to the revaluation of leasehold industrial land and factory building situated at GIDC estate. The company revalued these assets during the year based on a report by an independent Registered Valuer, accounting for the revaluation in accordance with Ind AS 116 and Ind AS 16. The auditors stated that their opinion is not modified in respect of this matter.

Regulatory Compliance

In a separate communication to the exchanges, the company clarified that a declaration by the Managing Director and CFO required under Regulation 33(3)(d) was inadvertently missed during the initial filing of the financial results on May 19, 2026. The omission was described as procedural, and the necessary declaration was subsequently submitted. The company stated it has strengthened its internal review mechanisms to prevent such oversights in the future.

Real Industries Limited, the promoter of Rushabh Precision Bearings Limited, has disclosed that it held 85,50,000 shares in the company as on March 31, 2026. The promoter confirmed that no shares were encumbered, directly or indirectly, during the financial year ended March 31, 2026. This declaration was submitted to the stock exchanges in compliance with Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 2011.

The disclosure was filed by Biswajeet Mukherjee, Director of Real Industries Limited. The filing confirms that the promoter group has maintained its shareholding without creating any charges or liens on the shares throughout FY26. The document was addressed to the Corporate Relations Department of BSE Limited and The National Stock Exchange of India Limited.

Rushabh Precision Bearings Limited, through its Company Secretary and Compliance Officer Sanjana Manak Bohara, forwarded the disclosure to the exchanges. The company's scrip code on BSE is 531371, and the trading symbol on NSE is RUSHABEAR.

Key Details of the Disclosure

The filing provides transparency regarding the promoter's shareholding status and ensures that stakeholders are informed about any potential encumbrances that could affect the shareholding structure. The absence of any encumbrance indicates that the promoter's shares are free from charges, which is a positive signal for the company's governance standards.