Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended September 30, 2026 (Q2 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results

Audit Opinion:

Clean (Unmodified). The limited review report from M/s Gupta & Dua, Chartered Accountants, states: "nothing has come to our attention that causes us to believe that the accompanying Statement... contains any material misstatement."

Auditor’s Comment:

Not Specified

Key Financial Highlights [INR in Crore]:

Standalone Results:

Quarter Ended September 30, 2026 (Q2 FY27):

  • Revenue from Operations: ₹701.62 crore
  • Other Income: ₹12.48 crore
  • Total Income: ₹714.10 crore
  • Total Expenses: ₹663.95 crore
  • Profit Before Tax: ₹50.15 crore
  • Tax Expense: ₹13.20 crore (Current Tax: ₹15.51 crore, Deferred Tax: ₹(2.31) crore)
  • Net Profit: ₹36.95 crore
  • EPS: ₹1.48 (Basic and Diluted)
  • Other Comprehensive Income: ₹1.65 crore
  • Total Comprehensive Income: ₹38.60 crore

Quarter Ended June 30, 2026 (Q1 FY27) [Comparison]:

  • Revenue from Operations: ₹705.05 crore
  • Net Profit: ₹54.94 crore
  • EPS: ₹2.21

Quarter Ended September 30, 2025 (Q2 FY26) [YoY Comparison]:

  • Revenue from Operations: ₹628.54 crore
  • Net Profit: ₹36.16 crore
  • EPS: ₹1.46

Half Year Ended September 30, 2026 (H1 FY27):

  • Revenue from Operations: ₹1,406.67 crore
  • Other Income: ₹25.44 crore
  • Total Income: ₹1,432.11 crore
  • Total Expenses: ₹1,306.88 crore
  • Profit Before Tax: ₹125.23 crore
  • Tax Expense: ₹33.34 crore
  • Net Profit: ₹91.89 crore
  • EPS: ₹3.69 (Basic and Diluted)
  • Total Comprehensive Income: ₹93.99 crore

Half Year Ended September 30, 2025 (H1 FY26) [YoY Comparison]:

  • Revenue from Operations: ₹1,283.03 crore
  • Net Profit: ₹85.06 crore

Year Ended March 31, 2026 (FY26) [Audited]:

  • Revenue from Operations: ₹2,702.16 crore
  • Net Profit: ₹179.27 crore

Balance Sheet Highlights (Standalone) as at September 30, 2026:

  • Total Assets: ₹3,116.01 crore (vs ₹2,948.94 crore on Mar 31, 2026)
  • Equity Share Capital: ₹24.89 crore
  • Other Equity: ₹2,275.86 crore (vs ₹2,181.47 crore on Mar 31, 2026)
  • Total Equity: ₹2,300.75 crore
  • Cash and Cash Equivalents: ₹88.39 crore (vs ₹17.69 crore on Mar 31, 2026)
  • Inventories: ₹710.21 crore (vs ₹556.72 crore on Mar 31, 2026)
  • Trade Receivables: ₹278.83 crore
  • Total Debt: Not separately specified; Lease liabilities (non-current + current) total ₹254.69 crore

Cash Flow Highlights (Standalone) for H1 FY27:

  • Net Cash from Operating Activities: ₹1.96 crore
  • Net Cash from Investing Activities: ₹67.21 crore
  • Net Cash from Financing Activities: ₹1.53 crore
  • Net Increase in Cash: ₹70.70 crore

Segment-wise Performance:

Based on Ind AS 108, the Company operates in a single segment: "Footwear and Related Products". No segment-wise breakdown is provided.

Corporate Actions:

Dividend: Not declared for the period.

Other Corporate Actions: Not specified.

Other Significant Information:

  • ESOP Grant: The Nomination and Remuneration Committee granted 503,500 equity-settled stock options to eligible employees under the RFL Employee Stock Option Plan 2014 Scheme during the quarter. Accounted for under Ind AS 102.