Rainbow Denim Limited submitted revised audited financial results for the quarter and year ended March 31, 2026 to BSE Limited. The revision was necessitated due to a clerical error where figures in the Statement of Assets and Liabilities were incorrectly rounded off in ten lakhs instead of lakhs. The company confirmed that except for this rounding correction, there was no change in the audited financial figures as approved by the Board of Directors.
Financial Performance Highlights
Quarter Ended March 31, 2026 (Audited):
- Revenue from operations: ₹6847.04 lakhs
- Other Income: ₹146.18 lakhs
- Total Revenue: ₹6993.22 lakhs
- Net Profit: ₹486.54 lakhs
- EPS (Basic & Diluted): ₹3.66
Year Ended March 31, 2026 (Audited):
- Revenue from operations: ₹27054.15 lakhs
- Other Income: ₹156.97 lakhs
- Total Revenue: ₹27211.12 lakhs
- Net Profit: ₹2342.32 lakhs
- EPS (Basic & Diluted): ₹17.63
- Paid-up equity share capital: ₹132.84 lakhs (Face Value ₹10 each)
Expense Breakdown (FY26)
- Cost of material consumed: ₹21663.78 lakhs
- Purchase of stock-in-trade: ₹2487.76 lakhs
- Employee Benefit expenses: ₹974.30 lakhs
- Finance Cost: ₹1008.56 lakhs
- Depreciation and amortization: ₹257.97 lakhs
- Other expenses: ₹1178.39 lakhs
Balance Sheet Position (as of March 31, 2026)
- Total Assets: ₹28363.33 lakhs
- Equity Share Capital: ₹1328.37 lakhs
- Other Equity: ₹4775.50 lakhs
- Long Term Borrowings: ₹7912.06 lakhs
- Short term Borrowings: ₹12590.94 lakhs
- Inventories: ₹14431.55 lakhs
- Trade Receivables: ₹14282.80 lakhs
- Cash and cash equivalents: ₹7.92 lakhs
Cash Flow Statement (FY26)
- Net cash from Operating activities: (₹2161.20) lakhs
- Net cash from Investing activities: (₹6070.54) lakhs
- Net cash from Financing activities: ₹7930.69 lakhs
- Net decrease in Cash and Cash Equivalents: (₹301.04) lakhs
Emphasis of Matter
The auditors included an emphasis of matter noting that the company has not received the books of accounts and other relevant papers from Mr. Dharmendra Kumar Bhasin (Liquidator/Resolution Professional) up to September 21, 2023, when the company was taken over by the New Management.
Additional Information
The company is in the business of textile products trading and has one reporting segment. There were no exceptional items, tax expenses, or other comprehensive income reported for the period. The previous period's figures have been regrouped/rearranged/reclassified where necessary.