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Rajapalayam Mills Ltd (532503)

📊 BSE: 532503 🏢 Other Textile Products 📢 Latest filing: 15 Oct 2026 📝 Analysis written: 13 Nov 2025

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Rajapalayam Mills' revenue was ₹261 Cr (+38.2% year on year, -2.9% on the previous quarter), and net profit ₹17.6 Cr (+119.4% year on year); the operating margin was 14.4%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹261	+38.2%	-2.9%
Operating profit	₹37.7	+63.8%	+25.6%
Net profit	₹17.6	+119.4%	-41.5%
EPS (₹)	19.07	+116.5%	-40.6%
Operating margin	14.4%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Rajapalayam Mills Schedules Board Meeting on Nov 3, 2026 for Q2 FY27 Financial Results

🟡 NEUTRAL ⭐ 2/10

BOARD_MEETING 📅 15 Oct 2026, 04:13 PM

Rajapalayam Mills has informed the exchanges that its Board Meeting No: 04/2026-27 is scheduled for November 3, 2026. The board will consider and approve the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. In accordance with insider trading regulations, the trading window remains closed until November 5, 2026.

Board meeting scheduled for November 3, 2026
To review unaudited results for the quarter and half-year ended September 30, 2026
Insider trading window to remain closed until November 5, 2026
Meeting designated as Board Meeting No: 04/2026-27

💡 Track the outcome of the board meeting on November 3, 2026, focusing on Q2 margins and debt levels given current D/E of 2.75.

Rajapalayam Mills Q1 Consolidated PAT Rises 116% YoY to ₹17.55 Cr

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 13 Aug 2026, 12:52 PM

Rajapalayam Mills reported a strong recovery in Q1 FY27, with consolidated revenue growing 38.6% YoY to ₹266.35 Cr. The company achieved a consolidated net profit of ₹17.55 Cr, up from ₹8.12 Cr in the same quarter last year, primarily driven by a ₹16.44 Cr contribution from associate companies. Standalone operations also turned profitable, posting a net profit of ₹1.12 Cr compared to a loss of ₹12.24 Cr in Q1 FY26. However, standalone margins remain under pressure with finance costs of ₹21.05 Cr consuming a significant portion of operating gains.

Consolidated Revenue increased 38.6% YoY to ₹266.35 Cr from ₹192.14 Cr
Consolidated Net Profit grew 116% YoY to ₹17.55 Cr from ₹8.12 Cr
Standalone operations turned around to a profit of ₹1.12 Cr from a loss of ₹12.24 Cr YoY
Share of profit from associates contributed ₹16.44 Cr, representing 93.6% of consolidated PAT
Standalone finance costs remained high at ₹21.05 Cr for the quarter

💡 Investors should monitor the performance of associate companies as they are the primary drivers of consolidated profitability. Additionally, track the company's ability to reduce standalone debt, given that quarterly interest outgo (₹21.05 Cr) is significantly higher than standalone net profit (₹1.12 Cr).

Q1 Consolidated PAT at ₹17.55 Cr; Standalone Operations Turn Profitable

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 13 Aug 2026, 12:47 PM

Rajapalayam Mills reported a consolidated net profit of ₹17.55 Cr for Q1 FY27, a 116% increase from ₹8.12 Cr in Q1 FY26. Standalone revenue grew 38.5% YoY to ₹261.28 Cr, resulting in a standalone turnaround profit of ₹1.12 Cr compared to a loss of ₹12.24 Cr in the previous year's quarter. A significant portion of the consolidated profit (₹16.44 Cr) was derived from the share of net profit of associates. The company also recorded an exceptional loss of ₹1.01 Cr from the sale of property, plant, and equipment.

Standalone revenue increased 38.5% YoY to ₹261.28 Cr from ₹188.57 Cr.
Consolidated Net Profit rose to ₹17.55 Cr, up from ₹8.12 Cr in the same quarter last year.
Standalone operations achieved a turnaround with a profit of ₹1.12 Cr vs a loss of ₹12.24 Cr YoY.
Share of profit from associates contributed ₹16.44 Cr to the consolidated bottom line.
Finance costs for the standalone entity remained high at ₹21.05 Cr for the quarter.

💡 Monitor the sustainability of standalone profitability and the performance of associate companies, as they currently drive the majority of consolidated earnings. Watch for any debt reduction initiatives given the high finance costs.

₹0.50 Dividend and 90th AGM Scheduled for August 28, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 04 Aug 2026, 05:09 PM

Rajapalayam Mills has scheduled its 90th Annual General Meeting (AGM) for August 28, 2026, via video conferencing. The company has dispatched the Annual Report for FY 2025-26 and confirmed a recommended dividend of ₹0.50 per share on a face value of ₹10. This dividend, representing a yield of approximately 0.06% at current prices, will be paid starting August 28, 2026, subject to shareholder approval. The filing also includes instructions for shareholders regarding Tax Deduction at Source (TDS) on dividend income.

90th Annual General Meeting scheduled for August 28, 2026, at 11:00 AM.
Recommended dividend of ₹0.50 per equity share for the financial year 2025-26.
Annual Report for FY 2025-26 dispatched to shareholders on August 4, 2026.
Dividend payment to commence from August 28, 2026, onwards if declared at the AGM.

💡 Investors should review the Annual Report for FY 2025-26 to understand the drivers behind the significant PAT increase to ₹114 Cr from ₹17 Cr in the previous year.

Rajapalayam Mills to Hold 90th AGM on Aug 28; ₹0.50 Dividend Recommended for FY26

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 04 Aug 2026, 05:04 PM

Rajapalayam Mills has scheduled its 90th Annual General Meeting (AGM) for August 28, 2026. The Board has recommended a dividend of ₹0.50 per equity share (5% of face value) for FY 2025-26, with payments starting from the AGM date. This follows a significant recovery in FY26, where net profit reached ₹114 Cr compared to ₹17 Cr in FY25. The company is also providing instructions for Tax Deduction at Source (TDS) on the upcoming dividend payout.

90th Annual General Meeting scheduled for August 28, 2026, at 11:00 AM via Video Conferencing.
Recommended dividend of ₹0.50 per share on a face value of ₹10 for the financial year 2025-26.
Dividend payment to commence from August 28, 2026, onwards, subject to shareholder approval.
FY26 annual revenue reported at ₹942 Cr with a net profit of ₹114 Cr.
Shareholders must submit tax exemption forms/PAN updates to manage TDS on dividend income.

💡 Investors should review the full Annual Report for FY 2025-26 for management's outlook on the textile sector and updates on the company's ₹1,146 Cr debt position.

₹0.50 Dividend and ₹150 Cr Related Party Transaction Proposed in FY26 Annual Report

🟡 NEUTRAL ⭐ 4/10

ROUTINE 📅 04 Aug 2026, 04:04 PM

Rajapalayam Mills has released its FY25-26 Annual Report, scheduling the 90th AGM for August 28, 2026. The board has proposed a dividend of $ 0.50 per share, with the record date set for August 21, 2026. A key resolution includes seeking approval for related party transactions with Ramco Industries Ltd up to $ 150 Crores for FY27, representing ~16% of TTM revenue. The auditors highlighted that non-current investments worth $ 2,20,038 lakhs constitute 59.13% of the company's total assets, marking it as a key audit matter.

Proposed dividend of $ 0.50 per share for the financial year ended March 31, 2026.
90th Annual General Meeting scheduled for August 28, 2026, via Video Conferencing.
Proposed related party transaction limit of $ 150 Crores with Ramco Industries Limited for FY 2026-27.
Non-current investments in associates and other companies valued at $ 2,20,038.00 lakhs as of March 31, 2026.
Investments represent 59.13% of the total value of assets of the company.

💡 Investors should monitor the AGM voting results on August 28, 2026, particularly regarding the large related party transaction limit and the re-appointment of a 90-year-old director.

₹0.50 Dividend and Approval for ₹450 Cr in Related Party Transactions at 90th AGM

🟡 NEUTRAL ⭐ 6/10

BOARD_MEETING 📅 04 Aug 2026, 03:51 PM

Rajapalayam Mills has convened its 90th Annual General Meeting (AGM) for August 28, 2026. The company has proposed a dividend of ₹0.50 per share for FY26. A significant portion of the agenda involves seeking shareholder approval for material Related Party Transactions (RPTs) with three group entities, totaling up to ₹450 Cr for FY 2026-27. This aggregate RPT limit is substantial, representing approximately 47.8% of the company's TTM revenue of ₹942 Cr.

Proposed dividend of ₹0.50 per share for the financial year ended March 31, 2026.
Approval sought for Related Party Transactions with Ramco Industries, Sandhya Spinning Mill, and Sri Vishnu Shankar Mill for up to ₹150 Cr each.
Total proposed RPT limit of ₹450 Cr accounts for ~47.8% of the TTM revenue of ₹942 Cr.
Special resolution required for the re-appointment of Non-Executive Director Shri S.S. Ramachandra Raja, aged 90 years.
Cut-off date for e-voting eligibility is set for August 21, 2026.

💡 Investors should review the voting results post-AGM to ensure shareholder support for the large-scale related party transactions and the continuation of the 90-year-old director.

Aug 13 Board Meeting to Approve Q1 FY27 Financial Results

🟡 NEUTRAL ⭐ 2/10

BOARD_MEETING 📅 15 Jul 2026, 05:00 PM

Rajapalayam Mills Ltd has scheduled a board meeting for August 13, 2026, to review and approve its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. This is a routine regulatory requirement under SEBI LODR regulations. The company also confirmed that the trading window for insiders, which closed on July 1, 2026, will remain closed until August 15, 2026. Investors should monitor these results for insights into the company's performance in the textile sector for the start of the fiscal year.

Board meeting scheduled for August 13, 2026, to approve Q1 results
Financial results pertain to the quarter ended June 30, 2026
Trading window for designated persons remains closed until August 15, 2026
Meeting will consider both standalone and consolidated financial statements

💡 Monitor the financial results on August 13, 2026, to assess the company's margin performance and revenue growth in the current textile market environment.

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