Radix Industries Reports Q1 Growth, Announces Leadership Changes and US Expansion
Radix Industries, a human hair processing company, reported strong Q1 FY2026 results with a 17.42% increase in net profit to ₹62.75 lakhs. Revenue from operations grew by 15.28% to ₹804.33 lakhs. The company announced leadership changes, with K.S. Gaurav Tummala replacing P. Lenin Babu as Company Secretary. Radix plans to establish a wholly-owned US subsidiary for marketing and distribution. The Board recommended appointing M/s. P S Rao & Associates as secretarial auditor for five years.
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Radix Industries (India) Limited , a key player in the human hair processing industry, has reported a robust performance for the first quarter ended June 30, 2025, alongside significant corporate developments.
Financial Highlights
The company's unaudited financial results for Q1 FY2026 show a notable year-on-year growth:
| Particulars (₹ in Lakhs) | Q1 FY2026 | Q1 FY2025 | YoY Change |
|---|---|---|---|
| Revenue from Operations | 804.33 | 697.72 | 15.28% |
| Total Income | 817.92 | 698.05 | 17.17% |
| Net Profit After Tax | 62.75 | 53.44 | 17.42% |
Radix Industries witnessed a 15.28% increase in revenue from operations, rising to ₹804.33 lakhs from ₹697.72 lakhs in the same quarter of the previous year. The company's total income saw a 17.17% growth, reaching ₹817.92 lakhs. Notably, the net profit after tax climbed to ₹62.75 lakhs, marking a 17.42% increase from the ₹53.44 lakhs reported in Q1 FY2025.
Corporate Updates
The Board of Directors, in their meeting held on August 4, 2025, approved several key decisions:
Leadership Change
The company accepted the resignation of P. Lenin Babu as Company Secretary and Compliance Officer, effective August 4, 2025. K.S. Gaurav Tummala has been appointed to this role starting August 5, 2025. Tummala, an Associate Member of the Institute of Company Secretaries of India, brings experience in handling matters related to the Companies Act, Listing Regulations, and allied laws.
US Subsidiary
In a strategic move to expand its global footprint, Radix Industries has approved the incorporation of a wholly-owned subsidiary in the United States. The new entity, tentatively named Radix Inc., will focus on marketing, distribution, and sale of human hair-related products in the US market.
Secretarial Auditor Appointment
The Board has recommended the appointment of M/s. P S Rao & Associates as the company's secretarial auditor for a five-year term, subject to shareholder approval at the upcoming Annual General Meeting. P S Rao & Associates is a Hyderabad-based firm with over 30 years of experience in corporate secretarial services.
Operational Insights
Radix Industries continues to focus primarily on human hair processing, which remains its sole reportable segment. The company's cost of materials consumed for the quarter stood at ₹443.44 lakhs, while purchases of stock-in-trade were ₹227.06 lakhs.
The earnings per share (EPS) for the quarter improved to ₹0.42, compared to ₹0.36 in the same period last year, reflecting the company's enhanced profitability.
These results and corporate actions underscore Radix Industries' commitment to growth and operational efficiency in the human hair processing sector, while also setting the stage for potential international expansion through its planned US subsidiary.
Historical Stock Returns for Radix Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.19% | -3.16% | -1.38% | -2.16% | +13.05% | +279.87% |
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