Ramdevbaba Solvent Limited Announces Audited Standalone and Consolidated Financial Results for FY 2026

Ramdevbaba Solvent Limited Announces Audited Standalone and Consolidated Financial Results for FY 2026

Ramdevbaba Solvent Limited Announces Audited Standalone and Consolidated Financial Results for FY 2026​

Ramdevbaba Solvent Limited announced the consideration and adoption of its audited standalone and consolidated financial results for the half year and the financial year ended March 31, 2026. The company finalized these matters during its Board of Directors meeting held on May 27, 2026.

The company released financial statements, the statement of assets and liabilities, and the cash flow statement for the period. Statutory Auditors issued an unmodified opinion on the audited standalone and consolidated financial results.

Key Financial Highlights (Rs. in Lakhs)​

The financial results for the year ended March 31, 2026, showed significant revenue figures compared to the previous year.

The key performance metrics are summarized below:

MetricYear Ended 31.03.2026 (Audited)Year Ended 31.03.2025 (Audited)
Total Income/Revenue (Standalone)44,009.3493,559.24
Profit After Tax (PAT) (Standalone)612.701,503.14
Total Assets (Standalone)32,490.1928,884.69
Total Equity and Liabilities (Standalone)32,490.1928,384.69
Total Income/Revenue (Consolidated)44,027.9693,584.88
Profit After Tax (PAT) (Consolidated)1,143.251,500.27
Total Assets (Consolidated)59,813.3048,199.34
Total Equity and Liabilities (Consolidated)59,813.3048,199.34

The company also reported the following profit after tax figures based on consolidated statements:

MetricYear Ended 31.03.2026 (Audited)Year Ended 31.03.2025 (Audited)
Profit After Tax (Consolidated)1,142.991,497.49

Corporate Governance and Appointments​

During the board meeting, the company approved two key appointments for the financial year 2026-2027:

1. Cost Auditor Appointment: M/s Deepa Agrawal & Co., Cost Accountants, Nagpur (MRN- 32019, FRN - 002065) was appointed as the Cost Auditor for the financial year 2026-2027. The firm has noted rich experience of more than 14 years.
2. Internal Auditor Appointment: M/s Girish N. Mundada & Co., Chartered Accountants, Nagpur (Firm Registration No. 117612W, Membership No. 103428) was appointed as the Internal Auditor for the financial year 2026-2027. The firm has rich experience of more than 28 years across various audit specializations.

Fund Utilization and Auditor Opinion​

The company provided two certificates confirming the utilization of proceeds from its fund-raising activities:

  • IPO Proceeds: The company confirmed that the Initial Public Offering (IPO) proceeds of Rs. 4,461.58 Lakhs were fully utilized for the stated objects.
  • Preferential Issue Proceeds: Proceeds from the Preferential Issue, totaling Rs. 26,04.30 Lakhs, were also fully utilized for their respective stated objects.

Furthermore, the company confirmed that the Statutory Auditor, M/s Borkar and Muzumdar, Chartered Accountants, issued an unmodified opinion on both the audited standalone and consolidated financial results for the half year and the full financial year ended March 31, 2026.

Financial Statements Comparison​

The audited financial statements for the year ended March 31, 2026, were considered and adopted by the Board of Directors.

Statement of Assets and Liabilities (Rs. in Lakhs)

Particulars31.03.2026 (Audited)31.03.2025 (Audited)
Total Shareholders Fund16,598.8815,151.82
Total Non - Current Liabilities2,623.893,323.72
Total Current Liabilities13,267.4210,409.15
Total Equity and Liabilities32,490.1928,384.69
Total Assets32,490.1928,884.69

The company has two subsidiaries: M/s RBS RENEWABLES PRIVATE LIMITED and M/s TOO GUD FMCG PRODUCTS PRIVATE LIMITED, resulting in the presentation of both standalone and consolidated financial results.

RBS Stock Price Movement​

Today, Ramdevbaba Solvent Limited shares closed flat at ₹96.00, registering no change on the index. The stock settled at ₹96.00, maintaining parity with its previous closing value.
 

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Editorial Note

This news article was written and created by Shreyas, and published on IST.
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