RR Metalmakers FY26: Income up, net loss ₹0.67 cr

Key numbers that stood out this year

RR Metalmakers (formerly Shree Surgovind Tradelink Limited) reported a sharp rise in income for the year, but the bottom line moved into a loss. Total income was reported at ₹87.3941 crore versus ₹52.5082 crore in the previous year. Revenue from operations rose to ₹86.8906 crore from ₹51.9709 crore, which the company described as 67.19% growth.

Even with higher operating revenue, the company reported a net loss of ₹0.6721 crore, compared with a profit of ₹1.6765 crore a year ago. Earnings per share (EPS) turned negative at -₹0.75 versus ₹1.86 in the previous year. The update also highlighted exceptional gains tied to asset sales, which played a major role in the year’s reported profit and loss profile.

Business profile and what the company does

The material describes RR MetalMakers as primarily an import-export company founded in 1995. It states the company caters to a wide spectrum of clientele across diverse industries. The business portfolio mentioned includes mild steel, and trading of spices, cereals, and similar specialty commodities sourced globally.

Separately, the provided content also describes RR Metal Makers Ltd as trading in steel and iron ore and manufacturing steel pipes. The broader takeaway is that the company’s disclosures position it across trading and commodity-linked activities, with steel-related exposure and ancillary trading lines referenced.

Revenue growth: operations drove most of the rise

Revenue from operations was reported at ₹86.8906 crore, up from ₹51.9709 crore. Total income was ₹87.3941 crore, compared with ₹52.5082 crore in the previous year.

The gap between total income and revenue from operations in the latest year appears small in the figures provided, suggesting most of the income came from core operations. The company has not provided a detailed segment split in the supplied text, so the revenue expansion is best read as an overall top-line improvement rather than a shift in mix.

Profitability turned negative before exceptional items

Despite the increase in income, the company reported a loss before tax and exceptional items of ₹2.1601 crore. In the previous year, it reported a profit of ₹1.6765 crore on the same line item.

This swing is a key part of the narrative: operating performance, as reflected in results before exceptional items, moved from profit to loss. The information provided does not detail expense drivers, margins, or cost line movements, so the disclosure is limited to the stated headline numbers.

Exceptional gain from sale of properties

The company disclosed exceptional items showing a gain of ₹2.0271 crore from the sale of a warehouse at Ustane, Thane and a factory in Gujarat. This exceptional gain partially offset the loss before tax and exceptional items.

In practical terms, the presence of a large exceptional gain means the year’s reported net result cannot be read purely as a reflection of recurring operating performance. Investors typically track both results before exceptional items and the final net figure to distinguish operating trends from one-off transactions.

Discontinued operations: Gujarat factory disposal

The disclosures state that a factory in Gujarat was disposed of in March 2026. The sale of this undertaking was approved by shareholders on March 28, 2025.

This is relevant because discontinuation and disposal can affect comparability of financials across years, especially if the factory contributed to earlier revenue or costs. The provided text does not quantify how much revenue or profit was linked to the discontinued operation, but it explicitly flags the disposal as a notable corporate action.

Share capital, promoters, and IEPF transfers

Paid-up share capital was reported at ₹9.0088 crore, representing 90,08,824 equity shares of face value ₹10 each. On promoter ownership, the material names Virat S Shah holding 40.41% (36,40,412 shares) and Alok V Shah holding 30.25% (27,25,512 shares). Together, this adds up to promoter holding of 70.66%.

The shareholding snapshot included also shows: FIIs at 0.000%, DIIs at 0.000%, retail at 23.722% in one table, and retail at 29.34% in another portion of the supplied text. The same material states IEPF holding at 2.99%, with 2,69,600 shares transferred during the year.

Stock snapshot and valuation metrics cited

The supplied market snapshot includes multiple price and market-cap references. One section states the share price was ₹31.17 (BSE) as of 19-May-2025, with market capitalisation of ₹28 crore (also shown as ₹28.1 crore in a table alongside price ₹31.2). It also states a 3-year return of -7.16%.

The same material cites valuation multiples as of 19-May-2025: P/E of 24.55 times and P/B of 3.53 times, along with a note that there is no promoter pledging. Another portion lists a different snapshot: current price ₹38.4 and market cap ₹34.6 crore, without a date attached in the provided text.

Upcoming corporate dates and disclosures

The company’s 31st Annual General Meeting (AGM) is scheduled for August 7, 2026 at 11:30 AM IST, to be held through video conferencing. Separately, the material notes the next board meeting is on 12 Aug 2025 for the purpose of quarterly results.

The disclosures also reference a newspaper advertisement to shareholders regarding transfer of shares to IEPF and an announcement under Regulation 30 relating to sale of undertaking, merger, and appointment of an Independent Director, though the supplied text does not include additional detail on these items.

Summary table of reported figures

Why these numbers matter for investors

Two signals emerge from the disclosed figures. First, the top line rose meaningfully, with revenue from operations increasing from ₹51.9709 crore to ₹86.8906 crore. Second, profitability weakened on a before-exceptional basis, with the company reporting a loss before tax and exceptional items.

The exceptional gain from sale of the warehouse and the Gujarat factory is also central to interpreting the year. Such gains can support the reported result in the year of sale, but they do not necessarily represent repeatable earnings. Investors tracking operating performance may focus on how the company performs without one-off items, particularly after a discontinued operation and asset disposal.

Conclusion

RR Metalmakers reported higher income and revenue from operations for the year, but ended with a net loss of ₹0.6721 crore and negative EPS of -₹0.75. The year also included a ₹2.0271 crore exceptional gain from asset sales and the disposal of its Gujarat factory in March 2026. The next key date on the calendar is the 31st AGM on August 7, 2026 via video conferencing.