Rithwik Facility Management Services Ltd. Announces Audited Results and Dividend

For the year ended March 31, 2026, Rithwik Facility Management Services Ltd. reported net profit of ₹3.51 crore, a marginal increase from ₹3.50 crore in the previous fiscal year. Revenue from operations stood at ₹40.18 crore, a 5.38% decrease from ₹42.47 crore in FY 2024-25.

Reader Takeaway: Stable profit and dividend recommendation despite revenue dip; monitor tax litigation.

What just happened

Rithwik Facility Management Services Ltd. announced its audited financial results for the fiscal year ending March 31, 2026. The company reported a net profit of ₹3.51 crore and recommended a final dividend of 10%, or Re 1 per share.

Why this matters

The company has maintained its net profit level despite a revenue decline, indicating operational efficiency. The dividend recommendation signals a commitment to returning value to shareholders. However, pending tax litigations present a potential risk.

The backstory

Rithwik Facility Management Services Ltd. operates in the facility management sector. The company's financial performance in the past year shows resilience in profitability. The specific event involves the strategic divestment of its stake in Rithwik Indus Power Private Limited, acquired in April 2025 and sold in March 2026.

What changes now

Shareholders will vote on the proposed 10% dividend at the upcoming Annual General Meeting. The company will continue to manage its operations and address the pending tax litigations.

Risks to watch

The company has contingent liabilities related to pending litigations concerning tax demands under the Income Tax Act and Goods & Services Act for assessment years 2017-18 and 2018-19, and financial year 2017-18 respectively. The company has appeals pending with appellate authorities.

Context metrics (time-bound)

• Revenue from Operations: FY 2025-26: ₹40.18 crore (down 5.38% from ₹42.47 crore in FY 2024-25).
• Net Profit: FY 2025-26: ₹3.51 crore (up 0.35% from ₹3.50 crore in FY 2024-25).
• Basic EPS: FY 2025-26: ₹11.48 (from ₹11.44 in FY 2024-25).
• Cash and Cash Equivalents: ₹8.05 crore as of March 31, 2026.

What to track next

Investors should track the outcome of the pending tax litigations and the company's revenue growth in the next fiscal year. The approval of the dividend at the AGM is also a key event for shareholders.