Ravileela Granites Ltd (526095)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Ravileela Granites' revenue was ₹19.6 Cr (+50.5% year on year, -13.5% on the previous quarter), and net profit ₹2.4 Cr (-27.6% year on year); the operating margin was 22.9%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹19.6 | +50.5% | -13.5% |
| Operating profit | ₹4.5 | -5.8% | +24.5% |
| Net profit | ₹2.4 | -27.6% | -38.6% |
| EPS (₹) | 2.26 | -27.6% | -38.4% |
| Operating margin | 22.9% | — | — |
📢 Recent Corporate Announcements
Ravileela Granites has formally constituted a Corporate Social Responsibility (CSR) Committee as of July 28, 2026. This action is a statutory requirement under Section 135 of the Companies Act, 2013, which becomes applicable when a company crosses specific financial thresholds, such as a net profit of ₹5 Cr. The company has recently seen a significant financial turnaround, reporting a TTM PAT of ₹10 Cr compared to a net loss of ₹3.21 Cr in FY25. The committee will be chaired by an Independent Director, ensuring compliance with governance norms.
- Board approved the constitution of the CSR Committee on July 28, 2026.
- The committee consists of 3 members, including 2 Independent Directors.
- Company reported a TTM PAT of ₹10 Cr, surpassing the ₹5 Cr threshold for mandatory CSR.
- TTM Revenue stands at ₹57 Cr against a small-cap valuation of ₹63 Cr.
- Debt remains elevated at ₹58 Cr, resulting in a high Debt-to-Equity ratio of 2.66.
Ravileela Granites has appointed Ms. Parvatha Harshini Reddy as an Additional Director (Non-Executive, Non-Independent) effective July 28, 2026. She brings over 12 years of experience and currently manages Sales & Marketing for the company and QuartzKraft LLP, overseeing ₹130 crore in annual export revenue. This revenue oversight is significantly larger than the company's standalone TTM revenue of ₹57 crore. As the daughter of the current CFO and a Director, her appointment signals formal succession planning within the promoter family.
- Appointment of Ms. Parvatha Harshini Reddy as Additional Director effective July 28, 2026
- Oversees ₹130 crore in annual export revenue across North America and Europe
- Brings 12+ years of leadership experience in manufacturing and business transformation
- Daughter of current CFO Parvatha Samantha Reddy and Director Parvat Srinivas Reddy
- Group connection to MTAR Technologies, which has a market cap of ₹24,536 crore
Ravileela Granites reported a strong 50.5% YoY revenue growth to ₹19.63 cr for the quarter ended June 30, 2026. However, Net Profit fell 27.6% YoY to ₹2.39 cr, primarily due to a sharp contraction in operating margins from 32.9% to 20.5%. Sequentially, both revenue and profit declined compared to the March 2026 quarter. The company also appointed Ms. Parvatha Harshini Reddy to the board, who currently manages ₹130 cr in export revenue for related entities.
- Revenue from operations grew 50.5% YoY to ₹19.63 cr from ₹13.04 cr in the year-ago period.
- Net Profit declined 27.6% YoY to ₹2.39 cr, down from ₹3.30 cr in Q1 FY26.
- Operating Profit Margin (OPM) contracted significantly to 20.5% from 32.9% YoY.
- Finance costs decreased by 24.7% YoY to ₹0.60 cr, reflecting some debt servicing progress.
- Ms. Parvatha Harshini Reddy appointed as Additional Director, bringing experience from the promoter group's other interests including MTAR Technologies.
Ravileela Granites reported a strong 50.5% YoY revenue growth for Q1 FY27, reaching ₹19.63 Cr compared to ₹13.04 Cr in the previous year. However, net profit declined by 27.6% YoY to ₹2.39 Cr, primarily due to a sharp spike in 'Other Expenses' which rose to ₹4.41 Cr from ₹1.44 Cr. Sequentially, revenue and profit both saw a decline from the March 2026 quarter. The company also appointed Ms. Parvatha Harshini Reddy as an Additional Director and constituted a CSR committee.
- Revenue from operations increased 50.5% YoY to ₹19.63 Cr for the quarter ended June 30, 2026.
- Net profit fell 27.6% YoY to ₹2.39 Cr, down from ₹3.30 Cr in June 2025.
- Other expenses surged by 205% YoY to ₹4.41 Cr, significantly impacting operating margins.
- Ms. Parvatha Harshini Reddy appointed as Additional Director, bringing experience in managing ₹130 Cr annual export revenue for group entities.
- The 36th Annual General Meeting (AGM) is scheduled for September 30, 2026.
Ravileela Granites has scheduled a board meeting on July 28, 2026, to review and approve its unaudited financial results for the quarter ended June 30, 2026. The company is coming off a strong March 2026 quarter where it reported revenue of ₹22.68 Cr, which represents nearly 40% of its total TTM revenue of ₹57 Cr. Investors will be monitoring if the company can maintain its TTM operating profit margin of 22.9% and manage its high debt-to-equity ratio of 2.66. The promoter holding remains stable at 74.89%.
- Board meeting to be held on July 28, 2026, for Q1 FY27 results.
- Company reported a TTM PAT of ₹10 Cr against a market cap of ₹57 Cr.
- Debt stands at ₹58 Cr, significantly higher than the net worth of ₹22 Cr.
- March 2026 quarter revenue was ₹22.68 Cr, a sharp increase from ₹9.1 Cr in December 2025.
Financial Performance
Financial analysis data not yet available for this company.
Operational Drivers
Operational analysis data not yet available for this company.
Strategic Growth
Strategic growth analysis not yet available for this company.
External Factors
External factors analysis not yet available for this company.
Regulatory & Governance
Regulatory analysis not yet available for this company.
Risk Analysis
Risk analysis not yet available for this company.
