Financial Results Overview

Standalone Performance (₹ lakhs)

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹14,176.07
  • Other Income: ₹206.92
  • Total Income: ₹14,382.99
  • Total Expenses: ₹13,650.88
  • Profit Before Tax: ₹668.17
  • Tax Expense: ₹164.22
  • Profit for Period: ₹503.95
  • Basic EPS: ₹0.93

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹25,192.64
  • Profit for Period: ₹1,103.65
  • Basic EPS: ₹2.03

Comparative Figures (Quarter YoY):

  • Revenue decreased from ₹12,820.90 (Sep 2025) to ₹14,176.07 (Sep 2026)
  • Net profit decreased from ₹715.99 (Sep 2025) to ₹503.95 (Sep 2026)
  • EPS decreased from ₹1.32 (Sep 2025) to ₹0.93 (Sep 2026)

Consolidated Performance (₹ lakhs)

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹17,008.39
  • Profit for Period: ₹556.74
  • Basic EPS: ₹1.03

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹30,357.37
  • Profit for Period: ₹1,137.02
  • Basic EPS: ₹2.10

Segment-wise Performance

Revenue Breakdown (₹ lakhs)

Standalone:

  • Latex Rubber Thread: ₹13,965.98 (Q2 FY27)
  • Corrugated Carton Box: ₹332.42 (Q2 FY27)

Consolidated (including subsidiary Premier Tissues India Limited):

  • Latex Rubber Thread: ₹13,965.98 (Q2 FY27)
  • Corrugated Carton Box: ₹332.42 (Q2 FY27)
  • Paper Tissue: ₹2,960.11 (Q2 FY27)

Key Financial Position Indicators (Standalone)

  • Net Worth: ₹29,088.68 lakhs (Sep 2026)
  • Total Assets: ₹35,825.62 lakhs (Sep 2026)
  • Current Ratio: 4.40 (Sep 2026)
  • Operating Margin: 5.38% (Q2 FY27)
  • Net Profit Margin: 3.55% (Q2 FY27)

Dividend Information

Shareholders at the Annual General Meeting held on 29 September 2026 approved a final dividend of ₹2.00 per equity share of ₹5.00 each for financial year 2025-26, amounting to ₹1,085.35 lakhs (including taxes), which has been accounted for during the quarter ended 30th September 2026.

Audit Qualification and Impact

The statutory auditors, Mohan & Mohan Associates, issued a qualified opinion on both standalone and consolidated financial results due to the following:

Nature of Qualification:

  • Company carries a balance of ₹1,409.00 lakhs described as "Provision for Contingencies" as at 30 September 2026
  • This includes ₹30.00 lakhs charged during the quarter and ₹60.00 lakhs during the half year
  • No utilization, reversal or reclassification in any year
  • No past event giving rise to present obligation identified
  • Management explanation: provision for possible unascertained liabilities from regulatory and legal environment

Financial Impact of Qualification:

Standalone Results if Adjusted:

  • Net Profit would be ₹526.40 lakhs (vs reported ₹503.95 lakhs)
  • EPS would be ₹0.97 (vs reported ₹0.93)
  • Net Worth would be ₹30,143.06 lakhs (vs reported ₹29,088.68 lakhs)

Consolidated Results if Adjusted:

  • Net Profit would be ₹579.19 lakhs (vs reported ₹556.74 lakhs)
  • EPS would be ₹1.07 (vs reported ₹1.03)
  • Net Worth would be ₹32,153.55 lakhs (vs reported ₹31,099.17 lakhs)

Management's View on Qualification

Management states that the practice of creating provision for contingencies started in 2014-15, initially ₹15 lakhs per quarter (₹60 lakhs annually), later enhanced to ₹30 lakhs per quarter (₹120 lakhs annually). The Board considers this provision commensurate with company size and perceived uncertainties in business environment.

Entity Information

  • Consolidated results include Rubfila International Limited (holding company) and Premier Tissues India Limited (wholly owned subsidiary)