Restile Ceramics Limited Schedules Board Meeting on February 05, 2026 for Q3FY26 Financial Results

1 min read     Updated on 29 Jan 2026, 04:20 PM
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Radhika SScanX News Team
Overview

Restile Ceramics Limited has scheduled a board meeting for February 05, 2026, at 04:00 P.M. (IST) to consider and approve standalone unaudited financial results for the quarter ended December 31, 2025. The meeting follows SEBI regulatory requirements and will be held at the company's Chennai office. A trading window closure remains in effect from January 01, 2026, until 48 hours after the financial results declaration.

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*this image is generated using AI for illustrative purposes only.

Restile ceramics Limited has formally notified BSE Limited about an upcoming board meeting scheduled to consider the company's third-quarter financial results for FY26. The announcement comes as part of the company's regulatory compliance under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Board Meeting Details

The board meeting has been scheduled with specific parameters for reviewing the company's quarterly performance:

Parameter: Details
Meeting Date: February 05, 2026
Meeting Time: 04:00 P.M. (IST)
Venue: 2B, Devadaya Apartments, #67, Gandhi Nagar, 1st Main Road, Adyar, Chennai TN 600020
Quarter Under Review: December 31, 2025

Agenda Items

The board meeting will address two primary agenda items. The primary focus will be on considering and approving the standalone unaudited financial results along with a limited review report for the quarter ended December 31, 2025, pursuant to Regulation 33 of SEBI Listing Regulations. Additionally, the board may discuss any other matters with the chairman's permission and majority consent of directors present.

Trading Window Restrictions

The company has implemented trading window restrictions in accordance with regulatory requirements. The trading window for dealing in securities of Restile Ceramics Limited has been closed from January 01, 2026, as previously communicated on December 29, 2025. This closure will continue until 48 hours after the declaration of the standalone unaudited financial results for the quarter ended December 31, 2025.

Company Information

Restile Ceramics Limited operates with its registered office located at 204, Sakar Complex, Opp. ABS Tower, Vaccine Crossing, Old Padra Road, Vadodara, Gujarat. The company maintains a branch office in Hyderabad and offers multiple product lines including Granamite, Mirrorstone, PearlRock, MarboGranit, Impacta, and Gripmax. The company secretary and compliance officer, Palak Kumari, has signed the regulatory communication to BSE Limited.

Historical Stock Returns for Restile Ceramics

1 Day5 Days1 Month6 Months1 Year5 Years
-3.86%-8.44%-15.68%-47.81%-5.98%+109.47%

Restile Ceramics Reports Q2 Loss, Auditors Flag Going Concern Issues

2 min read     Updated on 06 Nov 2025, 01:21 AM
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Reviewed by
Ashish TScanX News Team
Overview

Restile Ceramics Limited posted a loss before tax of Rs 38.26 lakhs for Q2 FY2026, despite revenue from operations increasing to Rs 196.66 lakhs. Auditors raised concerns about the company's ability to continue as a going concern, citing negative operating cash flows, substantial operating losses, and significant asset value deterioration. The company's total equity remains negative at Rs 3,128.84 lakhs. Management acknowledged these issues and mentioned plans for operational restructuring.

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*this image is generated using AI for illustrative purposes only.

Restile Ceramics Limited , a manufacturer of vitrified tiles, has reported its financial results for the quarter and six months ended September 30, 2025, revealing ongoing challenges for the company.

Financial Performance

For the quarter ended September 30, 2025, Restile Ceramics posted a loss before tax of Rs 38.26 lakhs. This comes despite a significant increase in revenue from operations, which stood at Rs 196.66 lakhs for the quarter, including scrap sales of Rs 68.43 lakhs.

The company's financial performance for the quarter and half-year can be summarized as follows:

Particulars (in Rs lakhs) Q2 FY2026 H1 FY2026 Q2 FY2025
Revenue from Operations 196.66 271.96 31.10
Total Expenses 147.48 233.70 56.96
Profit/(Loss) before tax 9.18 (38.26) (25.86)

Auditor's Concerns

The independent auditors, M.S. Krishnaswami & Rajan, have issued a qualified review report, highlighting material uncertainty about the company's ability to continue as a going concern. The auditors cited several factors contributing to this assessment:

  1. Negative operating cash flows
  2. Substantial operating losses
  3. Significant deterioration in the value of assets used to generate cash flows

These factors indicate the existence of material uncertainty in the company's ability to continue as a going concern for a reasonable period.

Balance Sheet Position

As of September 30, 2025, Restile Ceramics' financial position remains challenging:

Particulars (in Rs lakhs) Sept 30, 2025 March 31, 2025
Total Assets 662.92 675.48
Total Equity (3,128.84) (3,167.12)
Current Liabilities 3,788.11 3,839.24

The company's total equity remains negative at Rs 3,128.84 lakhs, indicating a significant erosion of shareholder value.

Management Response

The management of Restile Ceramics acknowledged the issues highlighted by the auditors. They stated that the negative operating cash flows and incurrence of operating losses over the years are being addressed through proposed restructuring of operations. However, specific details of this restructuring plan were not provided in the financial release.

Board Meeting and Trading Window

The Board of Directors met on November 5, 2025, to approve these financial results. In compliance with insider trading regulations, the company announced that the trading window for its securities will reopen on November 7, 2025.

While Restile Ceramics has shown an improvement in revenue for the quarter, the ongoing financial challenges and the auditor's concerns about its ability to continue as a going concern highlight the significant hurdles the company faces. Investors and stakeholders will likely be looking for more concrete plans from management on how they intend to address these issues and return the company to a stable financial footing.

Historical Stock Returns for Restile Ceramics

1 Day5 Days1 Month6 Months1 Year5 Years
-3.86%-8.44%-15.68%-47.81%-5.98%+109.47%

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