The company secured significant new orders worth ₹33.50 crore from Mahan Energen Limited and Adani Cement Limited during the current financial year. As reported by the company's exchange filing, the company successfully executed approximately 97% of the work associated with a previous job for Mahan Energen Limited and 70% of a project for Adani Power Limited. The alloy steel trading business emerged as a growth engine, recording a revenue of ₹1,839.33 lakh during the year. Additionally, the company secured two orders in the current financial year from Adani Cement Limited aggregating over ₹18 crore for raw water piping systems and erection works, with both contracts scheduled for execution within 10 months.
Raunaq International shares hit the upper circuit limit following the announcement of securing two significant orders from Ambuja Cements. According to the company's exchange filing, the company has secured orders worth approximately ₹18.10 crore in total. The first order, valued at ₹10.85 crore, involves the supply, erection, testing, and commissioning of a raw water pipeline and associated equipment for Ambuja Cements' Maratha project at Uparwahi, Taluka Korpana, Chandrapur, Maharashtra. The second order, worth ₹7.25 crore, covers the erection, testing and commissioning of the raw water pipeline and associated equipment at the same project site. Both contracts are scheduled to be executed within 10 months from the effective date and have been awarded by a domestic entity. The company clarified that the contract is not a related-party transaction and that neither its promoters nor promoter group entities have any interest in the award.
Raunaq International has successfully returned to profitability in FY26, reporting a net profit of ₹9.15 lakh compared to a net loss of ₹121.94 lakh in the previous year. The company's total revenue surged 67% to ₹3,689.37 lakh from ₹2,206.43 lakh in FY25, driven by strategic execution in engineering contracting and alloy steel trading activities. According to the latest financial results, the company's operating profit margin stood at 3.01% while the net profit margin was 0.25% for the year. The board of directors has not recommended any dividend for the year ended March 31, 2026, choosing instead to conserve resources for future contingencies.
Raunaq International has scheduled its 61st Annual General Meeting (AGM) for July 31, 2026, at 4:00 PM IST through video conferencing. The company has established remote e-voting facilities, allowing shareholders to vote from July 28, 2026, at 9:00 AM until July 30, 2026, at 5:00 PM. The cut-off date for determining eligibility for remote e-voting is July 24, 2026. The AGM notice and Annual Report for the financial year 2025-26 are available on the company website. Shareholders who have not registered their email addresses or updated bank account mandates must log in to the RTA website or contact their Depository Participant to ensure they receive login credentials and dividend payments. The Registrar and Share Transfer Agent, MUGF Intime India Private Limited, is managing the e-voting process.
For the quarter ended March 2026, the company reported a standalone net loss of ₹1.13 crore, compared with a net profit of ₹0.55 crore in the corresponding quarter of the previous year. Sales declined 25.16% year-on-year to ₹8.24 crore during the quarter. The latest order wins strengthen Raunaq International's engineering contracting business and reinforces its capabilities in executing industrial utility infrastructure projects. Raw water pipeline systems play a critical role in cement manufacturing by ensuring a reliable supply of water for production processes, cooling systems, dust suppression, and other plant operations. The order reflects continued capital expenditure by India's cement industry, driven by rising demand from housing, commercial construction, roads, railways, and infrastructure development. With cement manufacturers expanding production capacities and investing in modern plants, demand for engineering, procurement, and construction (EPC) services for utility infrastructure, including water pipelines, is expected to remain healthy.
