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Ravita Engineering Services reported Rs 277.63 crore FY26 revenue but used Rs 46.85 crore in operating activities as receivables, inventory and advances expanded.
Ravita Engineering Services completed a 2025 control overhaul, name change and board recast, ending with three independent directors on a five-member board.
Company promoters and promoter group hold 73.74% after February 2025 purchases at ₹691 a share, a 2-for-1 split and 100:1 bonus issue.
Company projects a Rs 331.61 crore FY28 net working-capital gap, led by Rs 226.11 crore of receivables as EPIC projects extend cash cycles.
Ravita Engineering Services Limited is contesting a Rs 2.15 crore GST demand and Rs 1.11 crore contractor suit; indirect-tax claims total Rs 4.47 crore.
Company’s ₹25.53 crore fleet purchase follows ₹29.60 crore of Fiscal 2026 rental payments, while orders remain unconfirmed and group equipment dependence continues.
Agrawal promoters took control in February 2025 after the Goswami promoter period and held 73.00% of pre-issue equity, including 5.17% through Starwings.
The Company’s operating cash outflow widened to ₹46.851 crore in Fiscal 2026 as receivables, inventories and short-term advances consumed more cash than operations generated.
Ravita Engineering reported operating cash outflows in all three disclosed periods, including Rs 46.851 crore in Fiscal 2025, while financing inflows produced net cash increases.
Ravita Engineering’s five largest customers delivered 82.85% of June 2026 revenue, while five accounts represented 67.05% of its Rs 491.1212 crore order book.
Vibhoar Agrawal’s Rs 11.88 crore Ganesh Infraworld stake attachment followed ED’s alleged equivalent ITC use, with no final authority communication disclosed.
Ravita Engineering Services SME IPO opens Oct 13–15, 2026 at ₹105–₹112. Issue size ₹116.05 crore, 100% fresh issue, listing scheduled Oct 21, 2026.
Indian IT stocks were in focus as Nifty IT hovered near 28,178 and posts cited a TCS-led rally, even as headline indices showed mixed moves.
TCS surged in pre-open and stayed higher through early trade as social media linked the move to Q2 results and a broader IT rally despite US visa curbs chatter.
Social media is debating India’s most valuable brands as Brand Finance India 100 2026 and Kantar BrandZ 2025 show differing leaders, totals, and sector concentration.
Vaibhav Vyapaar appointed all three independent directors between December 2025 and June 2026, giving its six-member board three independent members, including a 37-year RBI veteran.