Raaj Medisafe India Ltd reported a 28% increase in revenue to Rs 80.01 crore for FY26, but profit after tax dropped significantly to Rs 1.81 crore, down from Rs 6.13 crore. The company cited deferred tax impacts for the bottom-line dip. Shareholders are set to vote on key board appointments and material related party transactions at the upcoming 41st AGM scheduled for September 21, 2026.
Raaj Medisafe FY26 Revenue Up 28%, Profit Dips 70%
Revenue grew to Rs 80.01 crore; Profit after tax stood at Rs 1.81 crore.
Reader Takeaway: Strong top-line growth offset by heavy deferred tax impacts; focus shifts to AGM related party mandates.
What just happened
Raaj Medisafe India Ltd released its annual results for the financial year ended March 31, 2026. While the company achieved a robust 28.19% increase in revenue, reaching Rs 80.01 crore, its profit after tax (PAT) saw a sharp decline of 70.47% to Rs 1.81 crore. The Board has not recommended a dividend for the year.
Why this matters
The divergence between revenue and profit highlights the impact of tax accounting on bottom-line results. Management explicitly pointed to deferred tax adjustments as the primary driver for the lower earnings per share, which dropped to Rs 1.10 compared to Rs 4.60 in the previous year. Investors will be evaluating these margins during the 41st Annual General Meeting on September 21, 2026.
Operational Highlights
The company successfully commenced commercial production at its new Hygiene Unit, marking a key expansion milestone. Furthermore, the net worth increased to Rs 46.74 crore, significantly higher than the previous year's Rs 26.92 crore, bolstered by equity issuance.
Key AGM Resolutions
- Related Party Transactions: Shareholders will vote on transactions with Shriji Polymers (India) Ltd (up to Rs 18 crore) and Shriniwas Polyfabrics and Packwell Private Limited (up to Rs 27 crore).
- Leadership: Managing Director Arpit Bangur is seeking re-appointment, and the company is moving to approve the continuation of Smt. Krishna Jajoo as a Director post-age 75.
- Finance Head: The company has formalized the appointment of Shri Vipul Parakh as CFO as of August 2026.
Risks to watch
Investors should monitor the impact of related party transactions on overall margins and assess whether the new Hygiene Unit will drive sustained profitability improvements in the coming fiscal cycle.