Sri Ramakrishna Mills Coimbatore Ltd (521178)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Sri Ramakrishna's revenue was ₹16.5 Cr (+2.9% year on year, -67.7% on the previous quarter), and net profit ₹2.1 Cr (against a loss a year earlier); the operating margin was 20.0%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹16.5 | +2.9% | -67.7% |
| Operating profit | ₹3.3 | — | -86.8% |
| Net profit | ₹2.1 | from loss | -93.1% |
| EPS (₹) | 2.90 | from loss | -93.2% |
| Operating margin | 20.0% | — | — |
📢 Recent Corporate Announcements
Sri Ramakrishna Mills (Coimbatore) Ltd has informed the exchange that its Board of Directors approved shifting its registered office on August 13, 2026. The relocation is within local limits from Sathyamangalam Road, Ganapathy (PIN: 641 006) to Nethaji Road, Pappanaickenpalayam (PIN: 541 037 / 641 037) in Coimbatore. The company cited an inadvertent administrative delay in making the filing and requested condonation. The development is purely procedural and carries no financial or operational impact on the company.
- Board approved shifting of registered office on August 13, 2026
- Office shifted within local limits from Sathyamangalam Road (PIN: 641 006) to Nethaji Road, Pappanaickenpalayam
- Company reported strengthening internal compliance tracking following an inadvertent filing delay
Sri Ramakrishna Mills has approved a massive capacity expansion involving an investment of Rs 60 crore, which represents 150% of its current market capitalization (Rs 40 Cr). The project will increase daily production capacity by 234%, from 5,750 kg to 19,234 kg, by adding 17,472 spindles and 768 rotors. The expansion is driven by demand from new Free Trade Agreements and is expected to be completed within 15 months. Funding will be sourced through a combination of debt and internal accruals, which is significant given the company's existing high debt-to-equity ratio of 2.74.
- Investment of Rs 60 crore is approximately 1.67x the company's TTM revenue of Rs 36 crore.
- Daily production capacity to increase from 5,750 kg to 19,234 kg (up 234%).
- Adding 17,472 spindles and 768 rotors to the existing fully utilized 32,208 spindles.
- Project implementation timeline is set at 15 months from August 2026.
- Funding to be managed via debt and internal accruals on a current net worth of only Rs 12 crore.
Sri Ramakrishna Mills Coimbatore Ltd reported a significant turnaround in Q1 FY27, posting a net profit of Rs 2.12 Cr compared to a net loss of Rs 0.73 Cr in the same quarter last year. Total income remained nearly flat at Rs 16.68 Cr, which represents approximately 46% of the company's TTM revenue of Rs 36 Cr. The textile segment drove the entire revenue base, while the real estate segment reported a loss of Rs 0.89 Cr at the PBIT level. Despite the profit turnaround, the company remains highly leveraged with a debt-to-equity ratio of 2.74.
- Net Profit turned positive at Rs 2.12 Cr for Q1 FY27 vs a loss of Rs 0.73 Cr in Q1 FY26
- Total Income stood at Rs 16.68 Cr, showing marginal growth from Rs 16.55 Cr YoY
- Textile segment PBIT improved significantly to Rs 2.89 Cr from a loss of Rs 0.19 Cr YoY
- Finance costs rose to Rs 0.89 Cr for the quarter, up from Rs 0.78 Cr in the previous year's quarter
- Earnings Per Share (EPS) improved to Rs 2.90 from a negative Rs 1.01 YoY
Sri Ramakrishna Mills reported a significant turnaround in Q1 FY27, posting a net profit of Rs 2.12 Cr compared to a net loss of Rs 0.72 Cr in the same quarter last year. Revenue from operations remained virtually flat at Rs 16.46 Cr, which represents approximately 46% of the company's TTM revenue. The profit improvement was driven by the textile segment, which swung from a loss of Rs 0.18 Cr to a profit of Rs 2.89 Cr at the PBIT level. Finance costs increased by 14% YoY to Rs 0.89 Cr, reflecting the company's high debt position.
- Net Profit turned positive at Rs 2.12 Cr vs a loss of Rs 0.72 Cr in Q1 FY26
- Revenue from operations stood at Rs 16.46 Cr, nearly identical to Rs 16.47 Cr in the previous year's quarter
- Textile segment PBIT improved to Rs 2.89 Cr from a loss of Rs 0.18 Cr YoY
- Earnings Per Share (EPS) improved to Rs 2.90 from Rs -1.01 YoY
- Finance costs rose to Rs 0.89 Cr from Rs 0.78 Cr in the year-ago period
Sri Ramakrishna Mills Coimbatore Ltd has scheduled a board meeting on August 13, 2026, to approve the standalone unaudited financial results for the quarter ended June 30, 2026. This is a routine regulatory filing for a micro-cap company with a market capitalization of Rs 40 Cr. Investors should note the company's high leverage, with a debt-to-equity ratio of 2.74, making quarterly performance critical for debt servicing visibility. The TTM revenue stands at Rs 36 Cr with an operating margin of 27.1%.
- Board meeting scheduled for August 13, 2026, at 09:30 A.M.
- To consider standalone unaudited financial results for the quarter ended June 30, 2026
- Company reports a TTM revenue of Rs 36 Cr against a market cap of Rs 40 Cr
- Debt-to-equity ratio remains high at 2.74 as per latest financial context
- Promoter holding has remained stable at 64.01% as of June 2026
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