Revathi Equipment India Ltd

Agm details

• AGM held on 25 September 2026 at 5:00 PM IST via VC/OAVM.
• Notice dated 10 August 2026; remote e-voting facility provided.
• Remote e-voting from 22–24 September 2026; e-voting at AGM conducted.

Key resolutions

• Adoption of Audited Standalone and Consolidated Financial Statements.
• Reappointment of Deepali Dalmia as Director.
• Remuneration payable to Cost Auditors ratified.
• Material Related Party Transaction with Semac Construction Limited.

Voting outcomes

• Item 1 passed; 98.23% assent, 1.77% dissent.
• Item 2 passed; 98.23% assent, 1.77% dissent.
• Item 3 passed; 98.23% assent, 1.77% dissent.
• Item 4 not passed; 26.74% in favour, 73.26% against; related parties abstained.

Director changes

• Deepali Dalmia reappointed; retires by rotation.

Auditors

• Remuneration payable to Cost Auditors ratified.

Material related party transactions

• RPT with Semac Construction Limited: not approved; related parties abstained.

AGM Details

• AGM held on 25 September 2026 at 5:00 PM IST via VC/OAVM.
• 47 members attended, representing 20,05,389 equity shares.
• Remote e-voting ran from 22 September 2026 9:00 AM to 24 September 2026 5:00 PM IST.
• AGM concluded at 6:22 PM.

Resolutions Put to Vote

• Adopt audited standalone and consolidated financial statements for year ended 31 March 2026.
• Re-appoint Deepali Dalmia, who retires by rotation.
• Ratify remuneration payable to Cost Auditors.
• Approve material related party transaction with Semac Construction Limited.

Revathi Equipment India Limited - Trading window closed from 1 October 2026 until 48 hours after the declaration of unaudited financial results for the quarter and half year ended 30 September 2026.

Financials

• Standalone revenue FY26: 152.80 cr; FY25: 188.84 cr.
• Consolidated revenue FY26: 156.29 cr; FY25: 188.84 cr.
• Standalone PAT: 13.37 cr; Consolidated PAT: 13.84 cr.
• Standalone EBITDA: 30.78 cr.
• Standalone total expenditure: 144.83 cr; Consolidated 147.21 cr.
• Cash flow: Operating (standalone) -29.61 cr; closing cash 1.72 cr.
• Investing cash flow: 9.23 cr; Financing: 20.81 cr.

Geography & Product Mix

• India revenue: 92.11 cr; Exports: 47.33 cr; exports share 33.9%.
• Drills revenue: 52.93 cr; Spares: 80.56 cr; Services: 5.09 cr.
• Total revenue from operations FY26: 139.44 cr.
• Five customers contributed 71.33 cr (>10% of revenue).

Capital & Liquidity

• Net debt (standalone) 63.85 cr; debt/equity 0.48x.
• Net debt (consolidated) 63.65 cr; gearing 0.45x.
• Cash and cash equivalents: standalone 1.72 cr; consolidated 1.92 cr.
• Share capital: 30.66 lakh shares; authorised 3.50 cr; paid-up 3.07 cr.
• CARE downgraded bank facilities: Long-term BBB; Short-term A3+; downgrade from BBB+ / A2.
• Dividend: no dividend declared for FY25-26.

Governance & Audit

• Board size 6; 3 Independent Directors; key changes: Natarajan S Iyer appointed Nov 7, 2025.
• Statutory auditors: S S Kothari Mehta & Co LLP; Secretarial: MDS & Associates LLP.
• Independent Directors’ resignations: S Sundarasamy resigned Nov 7, 2025.
• Audit Committee reconstituted; four meetings held in FY26.
• Listed on BSE/NSE since Sep 2024.

Risks & Outlook

• Outlook FY27: order inflow expected to improve in the next year.
• Risks: customer concentration; working capital intensity; raw material costs.
• FX exposure and energy transition implications monitored; diversification under review.

CSR & ESG

• CSR expenditure FY26: 0.53 cr; four CSR committee meetings.
• CSR policy aligned with Schedule VII; 2% of average net profit targeted.
• CSR projects include education, healthcare, water, sanitation; impact assessment not applicable.

Subsidiaries & Group

• Subsidiaries: Revathi Drilling Solutions LLP; Global Essential Mining Supplies LLP; 100% owned.
• No material subsidiary as defined; policy disclosed on website.

AGM & Annual Report update

• Seventh AGM scheduled for 25 September 2026 at 5:00 PM IST via VC/OAVM.
• Annual Report for FY 2025-26 accessible via web link for members without registered emails.
• Cut-off date for email registration: 18 August 2026.
• Reminder to update KYC details and dematerialise physical securities per SEBI circular.
• KYC formats ISR-1, ISR-2, ISR-3, SH-13, SH-14 available on the website.

AGM schedule and voting details

• AGM to be held on 25 September 2026 at 05:00 PM via VC/OAVM.
• Register of members and share transfer books closed from 19 September 2026 to 25 September 2026 (inclusive).
• Cut-off date for entitlement to remote e-voting is 18 September 2026.
• Members on the register as of cut-off are eligible to vote remotely or at AGM.
• Notice of 7th AGM dated 10 August 2026.

AGM Details

• Date & time: 25 September 2026 at 5:00 PM IST.
• Mode: Video Conferencing / Other Audio-Visual Means (VC/OAVM).
• Eligibility cut-off: members listed as on 18 September 2026.
• Remote e-voting window: 22 Sep 2026, 9:00 AM to 24 Sep 2026, 5:00 PM IST.
• Share/Member register closed: 19–25 Sep 2026 (inclusive).

Resolutions Put to Vote

• Item 1 (Ordinary): Adopt standalone and consolidated financial statements for the year ended 31 March 2026.
• Item 2 (Ordinary): Re-appoint Mrs. Deepali Dalmia, retiring by rotation.
• Item 3 (Ordinary): Ratify cost auditor remuneration of Rs 1,30,000 for FY 2025-26.
• Item 4 (Ordinary): Approve material related party transactions with Semac Construction Limited up to Rs 175 crores.
• Omnibus approval for Item 4 remains valid till next AGM.

Director Changes

• Re-appointment of Mrs. Deepali Dalmia as Director.

Related Party Transactions

• Approval of Semac Construction Limited RPT up to Rs 175 crores on arm's-length terms.

Auditors / Governance

• Statutory auditors to continue; no appointment at this AGM.

Voting Status

• Voting outcomes are not disclosed in this filing.