Financial Performance Highlights (Standalone)

  • Revenue from Operations: ₹40.18 crore (decreased 5.39% from ₹42.47 crore in FY25)
  • Profit Before Tax: ₹4.72 crore (compared to ₹4.76 crore in FY25)
  • Profit After Tax: ₹3.51 crore (compared to ₹3.50 crore in FY25)
  • Finance Cost: ₹0.30 crore (decreased from ₹0.42 crore in FY25)
  • Depreciation: ₹0.35 crore (increased from ₹0.32 crore in FY25)
  • Operating Margin: 11.74% (improved from 11.21% in FY25)
  • Earnings Per Share: ₹11.48 (compared to ₹11.44 in FY25)

Operational Metrics

  • Total Area Under Maintenance: 9,48,622 sq. ft. (increased from 8,74,822 sq. ft.)
  • Number of Clients: 73 (increased from 71)
  • Service Segments: Maintenance (₹15.21 crore), Power Supply (₹24.00 crore), Turnkey Projects (₹0.97 crore)

Dividend Declaration

  • Final dividend recommended at 10% (Re 1.00 per equity share of face value ₹10)
  • Total dividend payout: ₹0.31 crore
  • Record date for dividend: September 23, 2026
  • Dividend will be paid to shareholders registered as of record date

Capital Structure

  • Authorized Share Capital: ₹4.00 crore (40,00,000 equity shares of ₹10 each)
  • Paid-up Share Capital: ₹3.06 crore (30,60,000 equity shares of ₹10 each)
  • Promoter Holding: 73.53% (22,50,000 shares)
  • Public Holding: 26.47% (8,10,000 shares)

Board and Governance Changes

Director Appointments for Regularization:

  • Mr. Rishabh Dev Rajshekhar Raman (DIN: 03641626) as Director - appointed August 12, 2026
  • Mr. Ranjit Patro (DIN: 11802505) as Director - appointed August 12, 2026
  • Mrs. Anitha Radhakrishnan (DIN: 02820945) as Independent Director for 5-year term from August 12, 2026 to August 11, 2031

Current Board Composition:

  • Mr. Rithwik Rajshekar Raman - Managing Director (since June 1, 2017)
  • Mr. Vyakarna Niranjan Rao - Whole-time Director (since September 15, 2010)
  • Mrs. Shama Prasanna Tipparaju - Independent Director (since August 30, 2017)
  • Mr. Jayaraman G - Independent Director (since May 7, 2018)
  • Mrs. Anitha Radhakrishnan - Non-Independent Director (since June 28, 2023)

Auditor Appointments

  • Retiring Auditors: M/s. Kalyanasundaram & Associates (FRN: 05455S) completing 5-year term
  • New Auditor Proposal: M/s. SVRJNS & Co, Chartered Accountants (FRN: 019519S) for 5-year term from conclusion of 16th AGM till 21st AGM
  • Internal Auditor: M/s. Suresh V & Associates, Chartered Accountants
  • Secretarial Auditor: M/s. Khandelwal Arun & Associates, Company Secretaries

Corporate Actions

  • AGM Date: September 30, 2026 at 4:00 PM
  • AGM Venue: R R Tower III, Thiru-Vi-Ka Industrial Estate, Guindy, Chennai - 600032
  • Share Transfer Book Closure: September 24 to September 30, 2026 (both days inclusive)
  • E-voting Period: September 27, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)

Subsidiary Update

  • Rithwik Indus Power Private Limited was a wholly-owned subsidiary until November 2025
  • Company disinvested and sold entire stake in subsidiary in November 2025
  • No subsidiaries exist as of March 31, 2026

Loans and Advances

  • Inter-corporate loans granted to M/s. R.R. Industries Limited (₹4.10 crore at 9% p.a.)
  • Inter-corporate loans granted to M/s. Rithwik Indus Power Private Limited (₹3.05 crore at 9% p.a.)

Litigation and Contingencies

Pending Tax and GST Matters:

  • Income Tax Act 1961: ₹11.09 lakh for AY 2017-18 (pending with CIT Appeals)
  • Goods and Services Tax: Multiple disputes totaling ₹5.18 crore for various financial years (pending with Commissioner Appeals and Tribunal)

Key Financial Ratios

  • Current Ratio: 2.18 (improved from 1.45)
  • Debt-Equity Ratio: 0.02 (improved from 0.03)
  • Return on Equity: 0.00% (decreased 12.05%)
  • Net Profit Ratio: 8.74% (improved from 8.24%)
  • Return on Capital Employed: 17.38% (decreased from 20.23%)

Employee Strength and Remuneration

  • Total Employees: 100
  • Median Remuneration: ₹37,500 per month
  • KMP Remuneration Increase: CFO (28.20%), Company Secretary (16.71%)
  • Managing Director Remuneration: ₹24.00 lakh (33.33% increase)

Banking Relationships

  • Canara Bank
  • ICICI Bank Limited
  • Suryoday Small Finance Bank
  • HDFC Bank

Registrars and Transfer Agents

M/s. Bigshare Services Private Limited, Mumbai

Forward-looking Statements

The company aims to strengthen its position in the facility management sector by expanding presence across key markets, developing long-term client relationships, and focusing on technology-enabled solutions including digital workforce management, automated monitoring, and preventive maintenance systems.