Rajasthan Tube Manufacturing Company Ltd
Revised Financial Results for the quarter ended 31 st March, 2026
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 01 Jun 2026, 05:31 PM IST · BSE ID: 2bf16b2a-b7f8-4b35-a254-11ab8eb479a7
View Original BSE Filing (PDF)
💡
In Simple Terms
The company's total assets decreased significantly to Rs. 1,134.51 Lacs, with inventories becoming nil, while borrowings increased.
🤖 AI Summary
- Rajasthan Tube Manufacturing Company Ltd filed revised audited financial results for the quarter ended March 31, 2026.
- Total Assets decreased to Rs. 1,134.51 Lacs as of March 31, 2026, from Rs. 1,937.27 Lacs a year prior.
- Current Assets decreased to Rs. 774.66 Lacs, primarily due to Inventories reducing to - from Rs. 874.97 Lacs.
- Total Equity increased to Rs. 1,000.50 Lacs as of March 31, 2026, from Rs. 876.75 Lacs.
- Current Financial Liabilities, specifically Borrowings, increased to Rs. 648.52 Lacs in FY26.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total Assets (as at 31st March, 2026)
Rs. 1,134.51 Lacs
-41.43%
Total Assets (as at 31st March, 2025)
Rs. 1,937.27 Lacs
Inventories (as at 31st March, 2026)
Rs. - Lacs
-100.00%
Inventories (as at 31st March, 2025)
Rs. 874.97 Lacs
Total Equity (as at 31st March, 2026)
Rs. 1,000.50 Lacs
14.12%
Current Financial Liabilities (Borrowings) (as at 31st March, 2026)
Rs. 648.52 Lacs
Not comparable — limited prior period data.
🏢 How This Affects the Company
The reduction of inventories to zero may indicate a significant change in production or sales strategy, or a liquidation of stock.
Total Assets reduced to Rs. 1,134.51 Lacs. The increase in 'Other equity' to Rs. 549.72 Lacs contributed to the overall increase in Total Equity. Current borrowings increased to Rs. 648.52 Lacs.
The elimination of Inventories suggests a potential halt in manufacturing, a shift to an 'asset-light' model, or a significant supply chain disruption leading to inventory depletion.
The absence of inventories and substantial increase in current borrowings to Rs. 648.52 Lacs introduce liquidity and operational continuity risks. The significant decrease in Trade Payables to Rs. 0.05 Lacs might imply changes in supplier relationships.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this filing.
👤
Who Is Affected
Shareholders are affected by the company's financial health, reflected in the decrease of Total Assets and significant changes in current assets and liabilities.
🔍
Management Signal
The revised financial results indicate management's acknowledgment and disclosure of substantial changes in the company's asset and liability structure.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q1 FY27 results — monitor for any re-establishment of inventory or change in business operations.
Future disclosures on the specific reasons for inventory reduction to nil.
Updates on the company's current borrowings to understand debt management strategies.
HIGH RISK
Significant asset reduction, zero inventories, and increased current borrowings indicate substantial operational and financial risks.
💡 Investor Takeaway
Rajasthan Tube's revised financial results for FY26 show Total Assets decreased to Rs. 1,134.51 Lacs from Rs. 1,937.27 Lacs in FY25. Inventories became nil from Rs. 874.97 Lacs, and current borrowings increased to Rs. 648.52 Lacs, signaling significant balance sheet changes.
⚖️ Strengths & Concerns
✅ Positives
- Total Equity increased by Rs. 123.75 Lacs to Rs. 1,000.50 Lacs as of March 31, 2026, from Rs. 876.75 Lacs the prior year.
- Other Current Assets saw a substantial increase to Rs. 144.33 Lacs as of March 31, 2026, from Rs. 14.68 Lacs a year prior.
⚠️ Concerns
- Total Assets decreased by Rs. 802.76 Lacs to Rs. 1,134.51 Lacs as of March 31, 2026, from Rs. 1,937.27 Lacs.
- Inventories reduced to nil (Rs. - Lacs) as of March 31, 2026, from Rs. 874.97 Lacs, significantly impacting Current Assets.
- Current Financial Liabilities (Borrowings) increased significantly to Rs. 648.52 Lacs as of March 31, 2026, from Rs. - Lacs previously.
📅 Company Track Record
Previous filings indicated FY26 revenue fell to Rs. 1,700.64 Lacs and auditors flagged GST non-compliance. Total Assets had reduced to Rs. 1,134.51 Lacs in Q4 FY26, consistent with this revised filing.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What were Rajasthan Tube's Total Assets as of March 31, 2026?
Rajasthan Tube Manufacturing Company Ltd reported Total Assets of Rs. 1,134.51 Lacs as of March 31, 2026, a decrease from Rs. 1,937.27 Lacs in the prior year.
What was the change in Inventories for Rajasthan Tube in FY26?
Inventories for Rajasthan Tube Manufacturing Company Ltd were reported as Rs. - Lacs (nil) as of March 31, 2026, down from Rs. 874.97 Lacs as of March 31, 2025.
How did Total Equity change for Rajasthan Tube in FY26?
Total Equity for Rajasthan Tube Manufacturing Company Ltd increased to Rs. 1,000.50 Lacs as of March 31, 2026, compared to Rs. 876.75 Lacs as of March 31, 2025.
What was the level of Current Financial Liabilities (Borrowings) for Rajasthan Tube as of March 31, 2026?
Current Financial Liabilities (Borrowings) for Rajasthan Tube Manufacturing Company Ltd were Rs. 648.52 Lacs as of March 31, 2026.
Questions based on this BSE filing only. For information purposes.