Resourceful Automobile Ltd (544236)
Latest quarterly results (H2 FY26)
In its latest reported quarter, H2 FY26, Resourceful Automobile's revenue was ₹18.1 Cr (+45.0% year on year, +123.4% on the previous half-year), and net profit ₹1.3 Cr (-33.3% year on year); the operating margin was 11.1%.
| H2 FY26 (₹ Cr) | Value | YoY vs H2 FY25 | vs prev. half |
|---|---|---|---|
| Revenue | ₹18.1 | +45.0% | +123.4% |
| Operating profit | ₹2.0 | +16.2% | +378.6% |
| Net profit | ₹1.3 | -33.3% | +519.0% |
| EPS (₹) | 4.89 | -33.4% | +519.0% |
| Operating margin | 11.1% | — | — |
📢 Recent Corporate Announcements
Resourceful Automobile Limited issued a corrigendum to its EGM notice regarding the proposed issuance of up to 3,00,000 convertible equity warrants at Rs 51 per warrant, aggregating to Rs 1.53 crore to the promoter category. The corrigendum adds disclosures on obtaining an independent valuation report dated September 8, 2026, under SEBI ICDR Regulation 166A, as the allotment exceeds 5% of post-issue fully diluted share capital. It also confirms the availability of a compliance certificate from a Practicing Company Secretary. The total fundraise of Rs 1.53 crore represents approximately 8.5% of the company's net worth of Rs 18 crore.
- Proposed issue of up to 3,00,000 convertible equity warrants at Rs 51 each
- Total capital to be raised amounts to Rs 1,53,00,000 to the promoter category
- Independent valuation report obtained as allotment exceeds 5% of post-issue fully diluted capital
- EGM scheduled for October 8, 2026, via Video Conferencing
Resourceful Automobile Limited issued a corrigendum to its EGM notice regarding the proposed issuance of up to 3,00,000 convertible equity warrants at Rs 51 per warrant, aggregating to Rs 1.53 crore to the promoter category. The corrigendum adds disclosures on obtaining an independent valuation report dated September 8, 2026, under SEBI ICDR Regulation 166A, as the allotment exceeds 5% of post-issue fully diluted share capital. It also confirms the availability of a compliance certificate from a Practicing Company Secretary. The total fundraise of Rs 1.53 crore represents approximately 8.5% of the company's net worth of Rs 18 crore.
- Proposed issue of up to 3,00,000 convertible equity warrants at Rs 51 each
- Total capital to be raised amounts to Rs 1,53,00,000 to the promoter category
- Independent valuation report obtained as allotment exceeds 5% of post-issue fully diluted capital
- EGM scheduled for October 8, 2026, via Video Conferencing
Resourceful Automobile Limited has informed BSE that its Board of Directors is scheduled to meet on September 2, 2026, to consider and approve a fund-raising proposal. The capital raise is proposed via the issuance of equity shares and/or convertible securities, including warrants, on a preferential basis or other permissible modes. Issue quantum, pricing, and specific dilution terms have not been disclosed yet and remain subject to board and shareholder approvals. The company reported TTM revenue of ₹47 crore and a net worth of ₹18 crore.
- Board meeting scheduled for September 2, 2026, to consider and approve raising of funds.
- Modes under consideration include equity shares and/or convertible securities, including warrants, on a preferential basis.
- Trading window for designated persons closed effective August 26, 2026, until 48 hours post-meeting conclusion.
- Issue details such as pricing and quantum remain to be finalized and approved by shareholders and regulators.
Resourceful Automobile Ltd has released its FY 2025-26 Annual Report and scheduled its 9th Annual General Meeting (AGM) for August 11, 2026. A key agenda item is the formal appointment of M/s Nahar V & Co as Statutory Auditors for a 5-year term, following a casual vacancy created by the resignation of the previous auditors. The company is also seeking shareholder approval via special resolution for Managing Director Rahul Sawhney's remuneration to exceed statutory limits under Section 197. Financial disclosures show a small asset base with a Net Block of Property, Plant & Equipment at Rs 16.34 lakhs as of March 31, 2026.
- 9th Annual General Meeting scheduled for Tuesday, August 11, 2026, at 12:30 PM IST.
- Proposed appointment of M/s Nahar V & Co as Statutory Auditors for a 5-year term until the 14th AGM in 2031.
- Net block of Property, Plant & Equipment stood at Rs 16.34 lakhs as of March 31, 2026, compared to Rs 19.13 lakhs in the previous year.
- Special resolution proposed to approve remuneration for MD Rahul Sawhney exceeding Section 197 limits.
- Company reported zero contingent liabilities and zero benami property proceedings for the financial year.
Resourceful Automobile Ltd has announced its 9th Annual General Meeting (AGM) will be held on August 11, 2026. The company has fixed August 4, 2026, as the record date to determine shareholder eligibility for e-voting. The register of members and share transfer books will remain closed from August 5 to August 11, 2026. This is a standard procedural filing for the company, which reported TTM revenue of ₹47 Cr and a PAT of ₹3 Cr.
- 9th Annual General Meeting scheduled for August 11, 2026, via video conferencing.
- Record date for determining voting eligibility is August 4, 2026.
- Book closure period defined from August 5, 2026, to August 11, 2026 (both days inclusive).
- Remote e-voting facility available from August 8, 2026 (9:00 AM) to August 10, 2026 (5:00 PM).
Resourceful Automobile has issued a notice for its 9th Annual General Meeting (AGM) to be held on August 11, 2026. Key agenda items include the appointment of M/s Nahar V and Company as new statutory auditors following the resignation of the previous firm. Crucially, the company is seeking approval for management remuneration caps of ₹8.33 lakh/month for the MD and ₹4.16 lakh/month for the ED. Combined, this potential annual payout of ~₹1.5 crore represents approximately 50% of the company's TTM PAT of ₹3 crore.
- 9th AGM scheduled for August 11, 2026, via Video Conferencing/OAVM
- Proposed MD remuneration cap of ₹8,33,300 per month, totaling ~₹1 crore annually
- Proposed ED remuneration cap of ₹4,16,000 per month, totaling ~₹0.5 crore annually
- Appointment of M/s Nahar V and Company as Statutory Auditors for a 5-year term until 2031
- Remote e-voting period set from August 8 (9:00 AM) to August 10, 2026 (5:00 PM)
Resourceful Automobile Limited held a board meeting on July 17, 2026, to approve the Board Report and its annexures for the fiscal year ended March 31, 2026. The board finalized the notice and calendar of events for the company's 9th Annual General Meeting (AGM). Additionally, M/s Sumit Bajaj & Associates was appointed as the scrutinizer to oversee the remote e-voting process. This is a routine administrative filing necessary for annual compliance and shareholder engagement.
- Approved the Board Report and annexures for the financial year ended 31st March, 2026
- Finalized the notice and calendar of events for the 09th Annual General Meeting
- Appointed M/s Sumit Bajaj & Associates as Scrutinizer for the e-voting process
- Board meeting conducted over a duration of 45 minutes (05:30 p.m. to 06:15 p.m.)
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