Sri Ramakrishna Mills FY26 profit surges on real estate revenue
Sri Ramakrishna Mills (Coimbatore) Ltd reported a net profit of ₹2,745.37 lakh for FY26, a significant increase from ₹364.82 lakh in the previous year, with total income rising to ₹9,811.94 lakh. The growth was primarily driven by the real estate segment, which generated ₹3,502.34 lakh in revenue following a joint development agreement, while the textile segment saw a decline in revenue. For Q4FY26, the company recorded a net profit of ₹3,019.81 lakh, reversing a loss from the prior year, with total assets increasing to ₹10,303.63 lakh.
*this image is generated using AI for illustrative purposes only.
Sri Ramakrishna Mills (Coimbatore) Ltd reported a net profit of ₹2,745.37 lakh for the financial year ended March 31, 2026, a significant increase from ₹364.82 lakh in the prior year. The company’s total income for the year rose to ₹9,811.94 lakh from ₹8,725.93 lakh in FY25, driven largely by a surge in revenue from its real estate segment following a joint development agreement. This strong performance underscores the strategic impact of the company's diversification into real estate development alongside its traditional textile operations.
For the quarter ended March 31, 2026, the company recorded a net profit of ₹3,019.81 lakh, reversing the net loss of ₹28.29 lakh reported in the corresponding quarter of the previous year. Revenue from operations for Q4FY26 stood at ₹5,140.16 lakh, a sharp increase compared to ₹1,216.02 lakh in Q4FY25. The Board of Directors approved the standalone audited financial results at a meeting held on May 29, 2026.
Segment Performance
The financial performance for the year was bolstered by the real estate segment, which reported revenue of ₹3,502.34 lakh. This revenue stems from a Joint Development Agreement with a real estate developer for land located at Ganapathy, Coimbatore. The company recognised revenue on the portion of land transferred to the developer upon losing control over it. In contrast, the textile segment reported revenue of ₹6,271.37 lakh for the year, a decrease from ₹7,574.45 lakh in the previous year.
| Segment | Revenue FY26 (in lakhs) | Revenue FY25 (in lakhs) | Profit/(Loss) Before Tax and Finance Cost FY26 (in lakhs) |
|---|---|---|---|
| Textile | 6,271.37 | 7,574.45 | (162.85) |
| Real Estate | 3,502.34 | 1,099.20 | 3,194.82 |
| Total | 9,773.71 | 8,673.66 | 3,031.97 |
Financial Position and Audit
The company’s total assets as of March 31, 2026, stood at ₹10,303.63 lakh, up from ₹6,922.13 lakh a year earlier. This increase was largely due to a rise in contract assets, which amounted to ₹4,246.91 lakh. Total equity improved to ₹4,985.01 lakh from ₹2,217.80 lakh in FY25. The statutory auditors, M/s. CSK Prabhu and Co LLP, issued an unmodified opinion on the audited financial results. The company stated that the new Labour Codes notified by the Government of India do not have a material impact on its financial results.
Historical Stock Returns for Sri Ramakrishna Mills
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.67% | +22.45% | +32.63% | +50.41% | +8.99% | +226.35% |
Does the company plan to pursue additional joint development agreements to further diversify its revenue streams?
What strategies will be implemented to reverse the declining revenue trend in the core textile segment?
How will the company utilize the increased equity and assets to drive future growth?
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