Integrated Filing — IndAS



General information about company

Scrip Code 500339
NSE Symbol RAIN
MSEI Symbol NOTLISTED
ISIN INE855B01025
Name of company RAIN INDUSTRIES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-01-2025
Date of end of financial year 31-12-2025
Date of board meeting when results were approved 27-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 30-12-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 27-02-2026   17:00:00
End date and time of board meeting 27-02-2026   21:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-01-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 4,30,071.30 16,94,582.50
Other income 5,053.80 13,839.80
Total income 4,35,125.10 17,08,422.30
2 Expenses
(a) Cost of materials consumed 2,34,688.50 9,54,083.00
(b) Purchases of stock-in-trade 2,304.70 5,458.40
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 10,098.20 5,679.60
(d) Employee benefit expense 34,925.50 1,31,859.20
(e) Finance costs 23,176.10 92,164.70
(f) Depreciation, depletion and amortisation expense 25,396.10 92,183.20
(f) Other Expenses
1 (Gain) / loss on foreign currency transactions and translations, net 312.40 5,126.30
2 Other expenses 97,664.20 3,78,651.20
Total other expenses 97,976.60 3,83,777.50
Total expenses 4,28,565.70 16,65,205.60
3 Total profit before exceptional items and tax 6,559.40 43,216.70
4 Exceptional items 0.00 0.00
5 Total profit before tax 6,559.40 43,216.70
6 Tax expense
7 Current tax 3,358.00 29,393.50
8 Deferred tax (566.50) 473.70
9 Total tax expenses 2,791.50 29,867.20
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 3,767.90 13,349.50
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 239.90
16 Total profit (loss) for period 3,767.90 13,589.40
17 Other comprehensive income net of taxes 24,451.50 88,476.90
18 Total Comprehensive Income for the period 28,219.40 1,02,066.30
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 1,350.90 4,252.40
Total profit or loss, attributable to non-controlling interests 2,417.00 9,337.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 24,311.30 84,509.10
Total comprehensive income for the period attributable to owners of parent non-controlling interests 3,908.10 17,557.20
21 Details of equity share capital
Paid-up equity share capital 6,726.90 6,726.90
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 7,38,184.90
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.4 1.26
Diluted earnings (loss) per share from continuing operations 0.4 1.26
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.4 1.26
Diluted earnings (loss) per share from continuing and discontinued operations 0.4 1.26
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2025
Date of end of reporting period 31-12-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 5,57,596.70
Capital work-in-progress 33,586.70
Investment property
Goodwill 6,96,323.40
Other intangible assets 394.90
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method 1,799.30
Non-current financial assets
Non-current investments 720.30
Trade receivables, non-current
Loans, non-current 72.90
Other non-current financial assets 3,490.70
Total non-current financial assets 4,283.90
Deferred tax assets (net) 50.80
Other non-current assets 10,790.80
Total non-current assets 13,04,826.50
2 Current assets
Inventories 3,62,290.60
Current financial asset
Current investments 354.30
Trade receivables, current 2,05,268.60
Cash and cash equivalents 92,570.20
Bank balance other than cash and cash equivalents 60,053.50
Loans, current 48.80
Other current financial assets 4,546.10
Total current financial assets 3,62,841.50
Current tax assets (net) 5,575.30
Other current assets 40,442.80
Total current assets 7,71,150.20
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 20,75,976.70
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 6,726.90
Other equity 7,38,184.90
Total equity attributable to owners of parent 7,44,911.80
Non controlling interest 24,163.20
Total equity 7,69,075.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 7,82,046.30
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities 236.10
Total non-current financial liabilities 7,82,282.40
Provisions, non-current 93,740.10
Deferred tax liabilities (net) 19,413.30
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 8,95,435.80
Current liabilities
Current financial liabilities
Borrowings, current 2,00,357.80
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 784.60
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 1,23,517.40
Total Trade payable 1,24,302.00
Other current financial liabilities 52,737.60
Total current financial liabilities 3,77,397.40
Other current liabilities 12,377.60
Provisions, current 15,856.60
Current tax liabilities (Net) 5,834.30
Deferred government grants, Current
Total current liabilities 4,11,465.90
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 13,06,901.70
Total equity and liabilites 20,75,976.70
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block

Textual Information(1) Property, Plant and equipment includes: Property, Plant and equipment - 48,113.75 Right of use asset - 7,645.92 Other non-current assets includes: Non-current tax assets, net - 606.20 Other non-current assets - 472.88 Borrowings, non-current include: Non-current borrowings - 72,557.51 Non-current lease liabilities - 5,647.12 Borrowings, current include: Current Borrowings - 17,909.52 Current lease laibilities - 2,126.26



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-01-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Carbon 3,48,565.20 13,24,542.40
2 Advanced Materials 83,926.50 3,59,274.10
3 Cement 24,057.20 1,13,051.20
Total Segment Revenue 4,56,548.90 17,96,867.70
Less: Inter segment revenue 26,477.60 1,02,285.20
Revenue from operations 4,30,071.30 16,94,582.50
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Carbon 48,113.50 1,98,608.40
2 Advanced Materials 2,276.70 15,417.80
3 Cement 0.00 4,824.90
Total Profit before tax 50,390.20 2,18,851.10
i. Finance cost 23,176.10 92,164.70
ii. Other Unallocable Expenditure net off Unallocable income 20,654.70 83,229.80
Profit before tax 6,559.40 43,456.60
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Carbon 0.00 0.00
2 Advanced Materials 0.00 0.00
3 Cement 0.00 0.00
Total Segment Asset 0.00 0.00
Un-allocable Assets 0.00 0.00
Net Segment Asset 0.00 0.00
4 Segment Liabilities
Segment Liabilities
1 Carbon 0.00 0.00
2 Advanced Materials 0.00 0.00
3 Cement 0.00 0.00
Total Segment Liabilities 0.00 0.00
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 0.00 0.00
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) Segment results: The Group evaluates performance and determines resource allocations based on a number of factors, the primary measure being operating profit. Segment results represents operating profit which does not include depreciation and amortisation expense, impairment loss, finance costs, interest income, share of profit of associate, unallocable (income) / expense and income taxes. Other Unallocable Expenditure net off Unallocable Income for Quarter ended December 31, 2025 includes Depreciation and amortisation expense - INR 2,539.61 Interest income - INR (170.50) Unallocable (income) expense - INR (303.64) Other Unallocable Expenditure net off Unallocable Income for year ended December 31, 2025 includes Depreciation and amortisation expense - INR 9,218.32 Interest income - INR (926.49) Unallocable (income) expense - INR 55.14 Share of profit of associate (net of income tax) - INR (23.99) Segmental assets and liabilities: Total assets and liabilities balances for each reportable segment is not reviewed by or provided to the Chief Operating Decision Maker (CODM). Hence, the details for segment assets and liabilities have not been disclosed in the above table.



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-01-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurements of defined benefit plans 12,253.00 17,866.50
Total Amount of items that will not be reclassified to profit and loss 12,253.00 17,866.50
2 Income tax relating to items that will not be reclassified to profit or loss 349.40 516.00
3 Amount of items that will be reclassified to profit and loss
1 Exchange difference arising on translating the financial statements of foreign operations 12,669.50 96,301.40
2 Exchange difference arising on net investment in foreign operation (121.60) (25,175.00)
Total Amount of items that will be reclassified to profit and loss 12,547.90 71,126.40
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 24,451.50 88,476.90



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2025
B Date of end of reporting period 31-12-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 43,216.70
Adjustments for reconcile profit (loss)
Adjustments for finance costs 92,164.70
Adjustments for decrease (increase) in inventories (29,813.90)
Adjustments for decrease (increase) in trade receivables, current (12,306.30)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (4,661.00)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (43,127.50)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 92,183.20
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current (19,271.80)
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 3,802.30
Adjustments for dividend income 0.00
Adjustments for interest income 9,264.90
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (14.10)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 77.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 1,442.40
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 71,210.10
Net cash flows from (used in) operations 1,14,426.80
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 24,702.50
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 89,724.30
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 399.80
Purchase of property, plant and equipment 46,070.50
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 10,928.90
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (4,714.60)
Net cash flows from (used in) investing activities (39,456.40)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 87,927.60
Repayments of borrowings 59,376.00
Payments of lease liabilities 24,703.90
Dividends paid 15,491.90
Interest paid 90,903.60
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (1,02,547.80)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (52,279.90)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 12,731.50
Net increase (decrease) in cash and cash equivalents (39,548.40)
Cash and cash equivalents cash flow statement at beginning of period 1,32,118.60
Cash and cash equivalents cash flow statement at end of period 92,570.20





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 S.R. Batliboi & Associates LLP Yes 31-07-2027