Regency Ceramics Limited announced its unaudited financial results for the third quarter of FY26 ended December 31, 2025, revealing a widened net loss despite substantial revenue growth. The Hyderabad-based ceramic tile manufacturer reported a net loss of ₹516.26 lakhs for Q3FY26, significantly higher than the ₹383.41 lakhs loss recorded in the corresponding quarter of the previous year.

Financial Performance Overview

The company's quarterly performance showed mixed results with strong revenue growth offset by increased losses:

The substantial increase in operational revenue from ₹396.08 lakhs to ₹1,152.23 lakhs demonstrates the company's progress in resuming business activities following years of operational challenges.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Regency Ceramics recorded comprehensive financial metrics:

The nine-month results reflect the company's ongoing recovery trajectory with significantly improved revenue generation, though losses remain substantial due to operational restructuring costs.

Operational Developments and Recovery Efforts

Regency Ceramics continues its systematic recovery following the 2012 industrial incident that led to a factory lockout. The company has made notable progress in multiple areas:

• Plant Refurbishment: The company is actively refurbishing its plant facilities in Yanam to recommence full-scale operations
• Manufacturing Partnership: An exclusive manufacturing arrangement for glazed vitrified tiles has been established at a facility in Andhra Pradesh, with operations already commenced
• Asset Management: Part of the fixed assets have been refurbished while some assets have been scrapped and sold, as reflected in the financial statements

Financial Structure and Going Concern

The company maintains a paid-up equity share capital of ₹2,644.16 lakhs with accumulated losses of ₹9,788.65 lakhs as of December 31, 2025, resulting in net worth erosion. Despite these challenges, management has prepared the financial statements on a going concern basis, citing initiated business activities and consequent cash flows.

Regulatory Compliance and Audit Observations

The Board of Directors approved these unaudited standalone financial results at their meeting held on February 12, 2026. The results were subject to limited review by K.S. Rao & Co., Chartered Accountants, who issued a qualified conclusion citing several matters including non-provision of employee benefits, unconfirmed balance confirmations, and inventory valuation concerns.

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Source:

Regency Ceramics Limited has announced the invocation of pledged equity shares by the Andhra Pradesh Industrial Development Corporation (APIDC), marking a significant corporate development for the ceramic products company. The disclosure was made on December 30, 2025, in compliance with SEBI regulations governing substantial acquisition of shares and takeovers.

Pledge Invocation Details

The invocation affects equity shares that were previously pledged by company promoters as security to APIDC. The pledged shares have been transferred from the promoters' accounts to the lender's account following the invocation process.

Regulatory Compliance

The disclosure was made pursuant to Regulation 31 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation mandates timely disclosure of any changes in shareholding patterns, including pledge invocations that result in transfer of shares.

The company has informed both the National Stock Exchange of India Limited and BSE Limited about this development, ensuring full compliance with listing requirements and transparency obligations.

Promoter Information

The affected promoters include Naraiah Naidu Gudaru and Somaswamy Naidu G, both based in Hyderabad, Telangana. The shares were originally pledged in favor of APIDC as security for financial obligations or facilities extended by the state industrial development corporation.

Market Implications

The invocation of pledged shares represents a transfer of ownership from the promoters to APIDC, which may impact the company's promoter shareholding pattern. Such developments typically require careful monitoring by investors as they can influence corporate governance and control structures within the organization.