Retina Paints Ltd

Retina Paints Ltd: Trading Window Closed from 01 October 2026 until 48 hours after the declaration of unaudited financial results for the half year ended 30 September 2026

AGM Details

• AGM scheduled for 30 September 2026 at 12:30 PM via VC/OAVM.
• e-voting cut-off date: 23 September 2026.
• Remote e-voting from 27 Sep 2026 09:00 to 29 Sep 2026 17:00.
• Register of Members closes 24–30 September 2026 (inclusive).
• Notice and annual report sent by email; available on company website.
• Scrutinizer appointed: MVK & Associates, Hyderabad.
• Place: Hyderabad; Date: 05 September 2026.

Ordinary Business

• Item 1: Adoption of Audited Financial Statements for year ended 31 March 2026.
• Item 2: Re-appointment of Rajitha Koyyada as Director liable to retirement by rotation.

Director appointment and remuneration

• Rajitha Koyyada to be re-appointed; Non-Executive, Whole Time Director, Dec 2022–Nov 2027.
• Remuneration last drawn ₹24,00,000; remuneration sought ₹24,00,000.
• Shares held: 15,69,508.

Financial performance

• Revenue from operations: ₹237,409.83k; total income: ₹238,591.18k.
• PAT: ₹6,391.49k; PBT: ₹9,621.68k; current tax: ₹1,751.81k; deferred tax: ₹1,478.38k.
• EPS (basic) ₹0.42; net profit margin 2.69%.
• No dividend proposed for FY2025-26; profits retained in balance sheet.
• Current ratio 2.34x; debt-equity 0.53x; total borrowings ₹183,868.32k.

Operations & market reach

• Single manufacturing segment; Retina and Erlis verticals.
• Retail network ~120 stores across Telangana and AP.
• Erlis expansion planned from ~900 to 1,200 outlets.
• Focus on consumer/influencer-led model; stronger BTL activity planned.
• Revenue growth 15.11% YoY; materials cost rose materially.

Capital structure & liquidity

• Authorised capital ₹20,00,00,000; paid-up equity ₹15,34,00,000 as at 31-03-2026.
• Short-term borrowings ₹106,454.19k; long-term borrowings ₹77,414.13k.
• Total borrowings ₹183,868.32k; cash and equivalents ₹8,874.66k.
• Inventories ₹116,027.00k; current ratio 2.34x.

Governance

• CFO change: Vishnu Vardhan Suda resigned 15 Oct 2025; Manthri Bharat Kumar appointed 16 Oct 2025.
• Board met 7 times; Audit, Nomination & Remuneration, and Stakeholders committees functional.
• Secretarial audit (MR-3) completed; no adverse qualifications reported.

Dividends & reserves

• No dividend declared for FY2025-26.
• Reserves retained in surplus; annual return available on company site; CSR not applicable.

Related party & compliance

• Related party policy approved; disclosures made for related party transactions.
• Investment in Retina Retail Limited ₹1,800k; other related party dealings disclosed.

Risk & outlook

• Outlook: expand retail and distribution; diversify product portfolio.
• Risks: raw material price volatility, competitive pricing, margin pressure, regulatory changes.

Dematerialisation status

• Certificate confirms dematerialised during the quarter.
• Regulation 74(5) not applicable as all shares are in demat form.