Refractory Shapes Limited Announces Board Approval of FY26 Financial Results and Associate Company Status Change
Refractory Shapes Limited announced that its Board of Directors held a meeting on May 25, 2026, during which key corporate actions and financial results were approved. The Board passed resolutions regarding the audited Standalone and Consolidated Financial Results for the half year and the full year ended March 31, 2026.The Board also approved the extinguishment of the equity investment held by the company in Excel Micron (Poona) Pvt. Ltd. This transaction results in Excel Micron (Poona) Pvt. Ltd. ceasing its status as an Associate Company of Refractory Shapes Limited for the financial year ended March 31, 2026.
Financial Highlights for the Year Ended March 31, 2026
The company released financial results encompassing both standalone and consolidated statements for the period. The audited reports detail the company's financial standing across major accounts.Profit and Loss Statement Summary (Amounts in Lakhs)
| Metric | Half Year Ended 31.03.2026 | Year Ended 31.03.2026 |
|---|---|---|
| Total Revenue | 3,559.68 | 5,982.12 |
| Total Expenses | 3,178.33 | 5,175.17 |
| Profit (Loss) for the Period (Before Minority Interest) | 452.48 | 604.94 |
| Net Profit for the Period | 463.59 | 625.62 |
Balance Sheet Overview (Amounts in Lakhs)
The balance sheet summary for the year ended March 31, 2026, shows a total equity and liabilities of 7711.17.| Component | Amount (31.03.2026) | Amount (31.03.2025) |
|---|---|---|
| TOTAL EQUITY & LIABILITIES | 7,711.17 | 6,989.97 |
| Property Plant & Equipment (Non-Current Assets) | 2,598.45 | 2,672.82 |
| Inventories (Current Assets) | 2,195.07 | 1,675.52 |
| Cash and Cash Equivalents (Current Assets) | 686.89 | 396.87 |
| TOTAL ASSETS | 7,711.17 | 6,989.97 |
Key Financial Metrics
| Metric | Half Year Ended 31.03.2026 | Year Ended 31.03.2026 |
|---|---|---|
| Networth | 5049.10 | 4570.12 |
| Basic & Diluted Earning per share (EPS) | 213 | 287 |
| Debt Equity Ratio | 0.39 | 0.54 |
For detailed financials, the company released standalone and consolidated audited cash flow statements and balance sheet details, summarizing the operational and financing movements for the period.
REFRACTORY Stock Price Movement
As of 2:20 PM, shares of Refractory Shapes Limited are holding steady at ₹39.15 in live trading, maintaining their level with a 0.00% change. The stock has seen 2000 shares traded so far in the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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