RDB Infrastructure & Power Limited has filed its quarterly monitoring agency report for Q3FY26, demonstrating compliance with regulatory requirements for fund utilization from its preferential share warrants issue. The report, prepared by Acuité Ratings and Research Limited and reviewed by the company's Audit Committee and Board of Directors, confirms no deviations from the stated objects of the issue.

Fund Utilization Overview

The company raised funds through a preferential issue of share warrants with a total issue size of INR 277.93 crores during November 13-27, 2024. As of December 31, 2025, the company has received INR 198.10 crores and utilized INR 159.86 crores across various business objectives.

Object-wise Fund Deployment

The monitoring agency report provides detailed breakdowns of fund utilization across five primary objectives:

The company has fully utilized funds allocated for debt repayment (INR 75.00 crores) and general corporate purposes (INR 2.93 crores). Significant progress has been made in land acquisition for capital expenditure requirements, with INR 47.17 crores utilized out of the allocated INR 50.00 crores.

Deployment of Unutilized Proceeds

The unutilized amount of INR 38.24 crores has been strategically deployed to generate returns while maintaining liquidity. The company has provided unsecured loans to various entities and invested in fixed deposits:

These investments have generated total earnings of INR 2.99 crores, bringing the market value of unutilized proceeds to INR 41.23 crores.

Regulatory Compliance and Monitoring

Acuité Ratings and Research Limited, serving as the monitoring agency, has confirmed that all fund utilization aligns with the objects disclosed in the offer document. The report indicates no material deviations, changes in financing means, or unfavorable events affecting project viability. The monitoring process involved reviewing bank statements, invoices, fixed deposit certificates, and statutory auditor certificates to ensure accuracy and compliance.

The company operates in the residential and commercial projects/realty sector under the leadership of promoter Mr. Vinod Dugar. This quarterly monitoring report fulfills requirements under Regulation 32(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and demonstrates the company's commitment to transparent fund utilization practices.

RDB Infrastructure & Power Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing strong performance across key financial metrics. The company's board of directors approved these results during their meeting held on February 13, 2026.

Quarterly Financial Performance

The company demonstrated robust growth in its third quarter performance for FY26. Net profit for the quarter reached ₹242.81 lakhs, representing a significant improvement from ₹172.56 lakhs reported in the corresponding quarter of the previous year.

Nine-Month Performance Analysis

The nine-month period ending December 31, 2025, showed exceptional growth momentum. Net profit surged to ₹819.61 lakhs compared to ₹437.72 lakhs in the corresponding period of the previous year, marking an impressive 87.23% year-on-year increase.

Earnings Per Share and Capital Structure

The company's earnings per share for Q3 FY26 stood at ₹0.13, compared to ₹0.10 in the corresponding quarter of the previous year. For the nine-month period, earnings per share reached ₹0.42 versus ₹0.25 in the previous year. The paid-up equity share capital increased to ₹2,038.84 lakhs as of December 31, 2025, from ₹1,728.34 lakhs in the previous year.

Consolidated Results and Subsidiaries

The company also presented consolidated financial results, which include its subsidiary RDB Bhopal Infrastructure Private Limited and associate Naar Projects Private Limited. The consolidated net profit for Q3 FY26 was ₹236.26 lakhs, with nine-month consolidated profit reaching ₹813.15 lakhs. During the quarter ended September 2025, the company completed a 51% acquisition of RDB Bhopal Infrastructure Private Limited for ₹5.10 lakhs and a 26% acquisition of Naar Projects Private Limited for ₹0.26 lakhs.

Regulatory Compliance and Auditor Review

The financial results were reviewed by the statutory auditors L.B. Jha & Co. LLP and approved by the audit committee before board approval. The auditors noted that revenue from operations includes income from the Anjana project sale of ₹60 crores under slump sale, generating a profit of ₹2.49 crores recognized in the quarter ended June 2025. The board also approved updates to the Code of Fair Disclosure and Conduct for regulating insider trading pursuant to amended SEBI regulations.