Key Financial Figures (₹ in thousands)

Revenue from Operations: ₹237,409.83 (Previous year: ₹206,242.23) - 15.11% growth

Total Income: ₹238,591.18 (Previous year: ₹210,093.83)

Cost of Materials Consumed: ₹136,512.99 (Previous year: ₹97,733.26) - 39.65% increase

Employee Benefit Expenses: ₹43,243.18 (Previous year: ₹30,920.18)

Finance Costs: ₹13,936.40 (Previous year: ₹9,348.35)

Depreciation: ₹5,753.85 (Previous year: ₹4,057.22)

Other Expenses: ₹69,546.13 (Previous year: ₹56,845.60)

Profit Before Tax: ₹9,621.68 (Previous year: ₹18,510.20) - 48.03% decrease

Current Tax: ₹1,751.81 (Previous year: ₹3,963.67)

Deferred Tax: ₹1,478.38 (Previous year: ₹1,507.11)

Profit After Tax: ₹6,391.49 (Previous year: ₹13,039.42) - 51.00% decrease

EPS: ₹0.42 (Previous year: ₹0.85)

Capital Structure

Authorized Share Capital: ₹200,000,000 (20,000,000 equity shares of ₹10 each)

Paid-up Share Capital: ₹153,400,000 (15,340,000 equity shares of ₹10 each) - unchanged from previous year

Reserves and Surplus: ₹194,481.91 (Previous year: ₹188,090.43)

Business Overview

Retina Paints Limited is engaged in the paints and coatings business with presence across Telangana and Andhra Pradesh. The company operates through two verticals:

Retina Vertical: Retail-focused business with 120+ stores across Telangana and Andhra Pradesh through three models:

  • COCO (Company Owned, Company Operated)
  • COFO (Company Owned, Franchise Operated)
  • FOFO (Franchise Owned, Franchise Operated)

Erlis Vertical: Dealer network business currently placed across approximately 900 outlets supported by 24 distributors, initially focused on primer portfolio with plans to introduce enamels and accessories. Target to expand to 1,200 outlets.

Key Management Changes

CFO Change: Shri Vishnu Vardhan Yadav Suda resigned as Chief Financial Officer effective October 15, 2025. Shri Manthri Bharat Kumar appointed as Chief Financial Officer effective October 16, 2025.

Board of Directors

1. Shri Rakesh Dommati - Managing Director (DIN: 03214046)

2. Smt. Rajitha Koyyada - Whole Time Director (DIN: 07108068)

3. Shri Arunachalam Manikandan - Independent Director (DIN: 08955221)

4. Shri Srikanth Somepalli - Independent Director (DIN: 08358760)

5. Shri Koyyala Raju - Independent Director (DIN: 10734973)

Key Managerial Personnel

1. Ms. Madhu Solanki - Company Secretary & Compliance Officer

2. Shri Manthri Bharat Kumar - Chief Financial Officer

3. Shri Rakesh Dommati - Managing Director

4. Smt. Rajitha Koyyada - Whole Time Director

AGM Details

16th Annual General Meeting: September 30, 2026 at 12:30 PM through Video Conferencing/Audio Visual Means

Business:

1. Adoption of audited financial statements for year ended March 31, 2026

2. Re-appointment of Smt. Rajitha Koyyada (DIN: 07108068) who retires by rotation

Record Date: September 23, 2026

Register of Members Closure: September 24, 2026 to September 30, 2026 (both days inclusive)

Remote e-Voting Period: September 27, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)

Dividend

No dividend proposed for financial year 2025-26.

Auditors

Statutory Auditors: C M T & Associates, Chartered Accountants (FRN: 011515S) - appointed for term from FY 2023-24 to FY 2027-28

Internal Auditors: M M R S & Co, Chartered Accountants (FRN: 013830S)

Secretarial Auditors: MVK & Associates, Company Secretaries

Financial Ratios

Current Ratio: 2.34 (Previous year: 2.38)

Debt-Equity Ratio: 0.53 (Previous year: 0.26)

Debt Service Coverage Ratio: 1.87 (Previous year: 2.83)

Return on Equity: 1.90% (Previous year: 3.80%)

Inventory Turnover Ratio: 2.74 (Previous year: 3.61)

Trade Receivables Turnover Ratio: 1.02 (Previous year: 0.87)

Net Profit Ratio: 2.69% (Previous year: 6.32%)

Borrowings

Long-term Borrowings: ₹77,414.13 (Previous year: ₹22,644.56)

Short-term Borrowings: ₹106,454.19 (Previous year: ₹66,448.72)

Current Maturities of Long-term Debt: ₹8,973.62 (Previous year: ₹9,405.74)

Related Party Transactions

Transactions with related parties were in ordinary course of business and at arm's length. No materially significant related party transactions in conflict with company's interest.

Conservation of Energy

Company implemented various energy conservation measures including LED lighting upgrades, HVAC optimization, process improvements, and equipment upgrades resulting in energy savings.

Foreign Exchange

No foreign exchange earnings or outgo during the financial year.

Corporate Social Responsibility

Provisions of Section 135 of Companies Act, 2013 not applicable to the company for FY 2025-26.

Internal Financial Controls

Company has adequate internal financial controls framework which were operating effectively during the year.

Risk Management

Company has framed Risk Management Policy. No serious element of risk threatening company's existence identified.

Human Resources

Total employees: 162 as of March 31, 2026

No complaints received under Sexual Harassment of Women at Workplace Act, 2013