RattanIndia Enterprises Releases Audited Financial Results for FY 2025-2026, Highlights Growth in Technology Investments

RattanIndia Enterprises Releases Audited Financial Results for FY 2025-2026, Highlights Growth in Technology Investments​

RattanIndia Enterprises Limited released its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Group's financials underscore its focus on investing in technology-focused new age businesses, including retail e-commerce, electric vehicles (EV), and drones.

Financial Performance Overview​

The consolidated results for the year ended March 31, 2026, showed a Total income of 75,305.14 million. The Group reported Total expenses of 67,242.01 million. The overall result before tax for the period was (1,641.77) million. The total loss for the period, after considering tax expenses, was (1,663.47) million.

For the Standalone entity, the Total income reached 181.57 million, with Total expenses recorded at 609.96 million, resulting in a loss before tax of (2,065.42) million.

Key Financial Statements (Rs. Million)​

The consolidated statements summarize the key financial metrics across the reporting periods:


The Standalone entity's Total revenue from operations was 42.34 million for the quarter ended March 31, 2026, compared to 13.69 million for the quarter ended December 31, 2025. The standalone Total income stood at 42.90 million for the same quarter.

Strategic and Operational Developments​

In terms of corporate activity, the Holding Company executed several strategic moves during the financial year:

• Investment and Subsidiaries: The Company subscribed additional equity capital in Neobrands Limited, a wholly-owned subsidiary, aggregating to Rs. 3,500 million. Furthermore, it finalized the transfer of its entire shareholding in Cocoblu Retail Limited to Neobrands, ensuring no change in ultimate ownership or control of Cocoblu.
• Global Expansion: A new step-down wholly-owned subsidiary, Neorise Global Trading L.L.C-S.O.C, was incorporated in mainland Dubai under Neorise Technologies FZCO. This entity is aimed at e-commerce and related activities in the Middle East region and has entered an agreement with 'Noon', a leading e-commerce platform in the Gulf region.
• Investment Accounting Change: Regarding the investment in RattanIndia Power Limited (RPL), the Group recognized an unrealized loss of Rs. 1,723.62 million for the year ended March 31, 2026. This loss primarily relates to the period up to March 24, 2026, when the investment was measured at fair value through profit or loss. Effective March 25, 2026, the investment was reclassified as an associate and is now accounted for using the equity method.

Legal and Regulatory Updates​

The Group addressed ongoing legal and regulatory matters during the reporting period:

• NCLT Proceedings: Previously, Canara Bank sought initiation of the Corporate Insolvency Resolution Process (CIRP) against the Holding Company in its capacity as a Corporate Guarantor. The NCLT disposed of the application in favor of the Holding Company via an order dated December 09, 2025, holding that no financial debt was established against the Company. Although Canara Bank has filed an appeal before the National Company Law Appellate Tribunal (NCLAT), the Group management expressed confidence that the appeal is not maintainable and is not expected to materially impact operations or financial results.
• Labour Codes Impact: The Group recognized the impact of increased obligations arising from the New Labour Codes—which consolidated 29 existing labour laws—in its standalone financial results for the year ended March 31, 2026.
• EPR and Battery Rules: The Group noted that while the Ministry of Environment, Forest and Climate Change issued the Environment Protection (End-of-Life Vehicles) Rules, 2025, and the Battery Waste Management Rules, 2022, reliable estimation of financial implications remains difficult due to the pending establishment of comprehensive implementation frameworks for pricing and cost determination.

Investments and Reserves​

The Company’s management noted that the process of employee option grants continued, with grants approved under REL ESOP 2022. On March 10, 2026, the exercise price of unexercised options was revised to Rs. 24.82 per option.

The Group also reported that the stand-alone financial results included a recognition of the impact of the New Labour Codes, alongside the statutory recognition of capital contributions from subsidiaries for employee benefits.

RTNINDIA Stock Price Movement​

RattanIndia Enterprises Limited shares today slipped by 2.49% to settle at ₹34.95. The stock traded in a range of ₹34.5 to ₹35.88, closing on a volume of 1.91 million shares.