Rasandik Engineering Industries India Ltd (522207)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Rasandik Engineering's revenue was ₹17.6 Cr (+26.9% year on year, -7.5% on the previous quarter), and net profit ₹-0.7 Cr (a smaller loss than a year earlier); the operating margin was 4.3%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹17.6 | +26.9% | -7.5% |
| Operating profit | ₹0.8 | +17.2% | from loss |
| Net profit | ₹-0.7 | loss narrowed | loss narrowed |
| EPS (₹) | -1.19 | loss narrowed | loss narrowed |
| Operating margin | 4.3% | — | — |
📢 Recent Corporate Announcements
Rasandik Engineering reported a net loss of ₹0.71 Cr for Q1 FY27, showing improvement from a ₹1.12 Cr loss in the year-ago period. Revenue from operations grew 26.9% YoY to ₹17.60 Cr, though it remains a micro-cap entity with significant liquidity challenges. The company's current liabilities exceed current assets by ₹13.84 Cr, and it faces a potential contingent liability of ₹7.59 Cr related to unfulfilled export obligations. Management is relying on promoter support and asset monetization to maintain going concern status.
- Revenue from operations increased to ₹17.60 Cr from ₹13.87 Cr in the same quarter last year.
- Net loss narrowed to ₹0.71 Cr compared to a loss of ₹1.12 Cr in June 2025.
- Negative working capital position with current liabilities exceeding current assets by ₹13.84 Cr.
- Disclosed a contingent liability of ₹7.59 Cr for potential interest and penalties on EPCG license defaults.
- Received ₹4.00 Cr for the sale of plant and equipment (carrying value ₹1.11 Cr), pending final formalities.
Rasandik Engineering reported a narrowed net loss of Rs 0.71 Cr for Q1 FY27, compared to a loss of Rs 1.12 Cr in Q1 FY26. Revenue from operations grew 26.9% YoY to Rs 17.60 Cr, though it declined 7.4% sequentially from Q4 FY26. The company remains under significant financial stress, with current liabilities exceeding current assets by Rs 13.84 Cr. Auditors have highlighted a material contingent liability of Rs 7.59 Cr related to interest and penalties on unfulfilled export obligations.
- Revenue from operations increased to Rs 17.60 Cr from Rs 13.87 Cr in the year-ago quarter.
- Net loss narrowed to Rs 0.71 Cr from Rs 1.12 Cr YoY, aided by lower finance costs of Rs 0.58 Cr.
- Negative working capital gap of Rs 13.84 Cr as of June 30, 2026, raising going concern considerations.
- Contingent liability of Rs 7.59 Cr estimated for interest and penalties on EPCG license defaults.
- Stalled assets worth Rs 3.20 Cr related to the defunct Singur project remain in Capital Work in Progress.
Rasandik Engineering Industries India Ltd has scheduled a board meeting for August 14, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The company is currently in a challenging financial position, reporting a TTM net loss of ₹7 Cr and a thin operating margin of 1.7%. Investors will be monitoring the upcoming results for any signs of operational turnaround, following a net loss of ₹2.6 Cr in the March 2026 quarter. The trading window for designated persons has been closed since July 1, 2026.
- Board meeting scheduled for August 14, 2026, to approve Q1 results.
- Financial results pertain to the first quarter ended June 30, 2026.
- Trading window remains closed from July 1, 2026, until 48 hours after the results declaration.
- Company reported a TTM revenue of ₹68 Cr against a market cap of ₹39 Cr.
- Operating profit margin stands at a low 1.7% as per latest TTM data.
Rasandik Engineering Industries India Ltd has scheduled its 42nd Annual General Meeting (AGM) for July 31, 2026, to be conducted via video conferencing. The company has fixed July 24, 2026, as the record date to determine which shareholders are eligible to participate in the remote e-voting process. The e-voting period will run from July 28 to July 30, 2026. This is a standard regulatory procedure for annual corporate governance and shareholder participation.
- 42nd Annual General Meeting scheduled for July 31, 2026, at 11:00 AM IST
- Record date for determining voting eligibility is July 24, 2026
- Book closure period set from July 24, 2026, to July 31, 2026 (both days inclusive)
- Remote e-voting window open from July 28, 2026 (9:00 AM) to July 30, 2026 (5:00 PM)
- Cut-off date for sending the Annual Report was July 03, 2026
Rasandik Engineering Industries India Ltd has announced its 42nd Annual General Meeting (AGM) for July 31, 2026, to be held via video conferencing. The company has released its Annual Report for the 2025-2026 financial year and provided a direct web link for shareholders to access it. The filing also serves as a regulatory reminder for shareholders holding physical securities to update KYC details and dematerialize their holdings. This is a standard administrative procedure required under SEBI Listing Regulations.
- 42nd Annual General Meeting scheduled for July 31, 2026, at 11:00 AM IST
- Cut-off date for identifying members for this communication was July 3, 2026
- Mandatory KYC updates required for physical holders as per SEBI circular dated May 7, 2024
- Electronic-only payment for dividends/interest in effect since April 1, 2024, for physical folios
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