Integrated Filing — IndAS



General information about company

Scrip Code 533262
NSE Symbol RAMKY
MSEI Symbol NOTLISTED
ISIN INE874I01013
Name of company RAMKY INFRASTRUCTURE LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 27-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 22-05-2026
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 27-05-2026   16:40:00
End date and time of board meeting 27-05-2026   21:30:00
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 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 50,667.50 1,84,647.80
Other income 1,498.80 19,506.20
Total income 52,166.30 2,04,154.00
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 229.60 258.10
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 3,083.80 11,142.00
(e) Finance costs 1,596.00 7,334.30
(f) Depreciation, depletion and amortisation expense 1,393.70 5,735.00
(f) Other Expenses
1 Other expenses 10,963.90 19,174.90
2 Operating expenses 36,810.50 1,31,047.90
Total other expenses 47,774.40 1,50,222.80
Total expenses 54,077.50 1,74,692.20
3 Total profit before exceptional items and tax (1,911.20) 29,461.80
4 Exceptional items 5,946.00 5,946.00
5 Total profit before tax 4,034.80 35,407.80
6 Tax expense
7 Current tax (575.90) 7,670.60
8 Deferred tax (601.00) (540.50)
9 Total tax expenses (1,176.90) 7,130.10
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 5,211.70 28,277.70
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 (0.30) (0.30)
16 Total profit (loss) for period 5,211.40 28,277.40
17 Other comprehensive income net of taxes 2.90 77.40
18 Total Comprehensive Income for the period 5,214.30 28,354.80
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 4,294.60 27,106.10
Total profit or loss, attributable to non-controlling interests 916.90 1,171.30
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 1.90 76.40
Total comprehensive income for the period attributable to owners of parent non-controlling interests 1.00 1.00
21 Details of equity share capital
Paid-up equity share capital 6,919.80 6,919.80
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 2,09,321.40
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 6.21 39.17
Diluted earnings (loss) per share from continuing operations 6.21 39.17
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 6.21 39.17
Diluted earnings (loss) per share from continuing and discontinued operations 6.21 39.17
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The audited consolidated financial results for the quarter and year ended March 31, 2026 of the Ramky Infrastructure Limited (the Parent) its subsidiaries (together referred to as the Group) and its associates have been prepared in accordance with the Indian Accounting Standards (Ind AS) prescribed under section 133 of the Companies Act, 2013, read with relevant Rules issued thereunder. 2. The above audited consolidated financial results were reviewed by the Audit Committee and approved by the Board of Directors of the Company in their respective meetings held on May 27, 2026. The statutory auditors have expressed an unmodified opinion on these consolidated financial results. 3. The figures for the quarter ended March 31, 2026 and March 31, 2025 are the balancing figures between the audited figures of the full financial year ended March 31, 2026 and March 31, 2025 respectively and the published year to date figures up to the nine months ended December 31, 2025 and December 31, 2024 respectively. 4. Exceptional item of INR 594.60 million for the quarter and year ended March 31, 2026 pertains to the gain arising on sale of 51% equity stake in the subsidiary, Visakha Pharmacity Limited. 5. During the quarter ended March 31, 2026, National Company Law Tribunal (NCLT) approved the scheme of amalgamation for the merger of two wholly owned subsidiaries, namely Sehore Kosmi Tollways Limited and Ramky Elsamex Hyderabad Ring Road Limited, with the appointed date as April 01, 2024. 6. During the quarter ended March 31, 2026, the parent has written off certain receivables aggregating to INR 723.48 million, based on the assessment of recoverability of certain long-outstanding dues. The management continues to engage and negotiate with the respective contractees/clients for recovery of such amounts. Further, during the quarter ended March 31, 2026, the parent has reviewed and written back certain liabilities and provisions amounting to INR 68.40 million which are no longer considered payable. 7. In respect of Srinagar Banihal Expressway Limited, a subsidiary company, deductions were made by NHAI during the previous years for INR 2,509.46 million from the annuities towards substandard steel, deviation of high embankment and other deductions against which the independent engineer had recommended for the release of INR 1,872.75 million. The subsidiary company has initiated arbitration proceedings for all the recoveries from NHAI and is confident that the entire amount is fully recoverable. 8. Hospet Chitradurga Tollways Limited, a subsidiary company, ceased to be a going concern as the project was terminated on mutual consent during the financial year 2014-15 by the subsidiary and National Highways Authority of India (NHAI), the Concessioning Authority. The consequential financial impact was provided in the financial statements during the earlier financial year. 9. Previous period figures have been regrouped wherever necessary to conform to the current period's presentation.



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 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 18,550.30
Capital work-in-progress 121.50
Investment property
Goodwill 0.00
Other intangible assets 44.40
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 24.30
Trade receivables, non-current
Loans, non-current 14,995.00
Other non-current financial assets
1 Others 1,49,551.30
Total of other non-current financial assets 1,49,551.30
Total non-current financial assets 1,64,570.60
Deferred tax assets (net) 5,059.50
Other non-current assets
1 Non Current Tax assets 3,731.10
2 Other non-current assets 4,821.70
Total of other non-current assets 8,552.80
Total non-current assets 1,96,899.10
2 Current assets
Inventories 9,679.30
Current financial asset
Current investments 0.00
Trade receivables, current 76,694.50
Cash and cash equivalents 14,889.30
Bank balance other than cash and cash equivalents 11,846.40
Loans, current 0.00
Other current financial assets
Total of other current financial assets 12,993.00
Total current financial assets 1,16,423.20
Current tax assets (net) 142.60
Other current assets
1 Other current assets 89,249.20
Total of other current assets 89,249.20
Total current assets 2,15,494.30
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 4,12,393.40
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 6,919.80
Other equity 2,09,321.40
Total equity attributable to owners of parent 2,16,241.20
Non controlling interest (416.20)
Total equity 2,15,825.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 34,825.00
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
1 Other financial liabilities 30.30
Total of other non-current financial liabilities 30.30
Total non-current financial liabilities 34,855.30
Provisions, non-current 1,690.00
Deferred tax liabilities (net) 719.90
Deferred government grants, Non-current
Other non-current liabilities
1 Other non-current liabilities 21,865.50
Total of other non-current liabilities 21,865.50
Total non-current liabilities 59,130.70
Current liabilities
Current financial liabilities
Borrowings, current 24,293.30
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 1,819.40
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 71,228.00
Total Trade payable 73,047.40
Other current financial liabilities
1 Other financial liabilities 1,872.70
Total of other current financial liabilities 1,872.70
Total current financial liabilities 99,213.40
Other current liabilities 28,803.10
1 Other current liabilities 28,803.10
Total of other current liabilities 28,803.10
Provisions, current 8,374.10
Current tax liabilities (Net) 1,047.10
Deferred government grants, Current
Total current liabilities 1,37,437.70
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 1,96,568.40
Total equity and liabilites 4,12,393.40
Disclosure of notes on assets and liabilities



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 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
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 Construction Business 42,739.40 1,67,892.70
2 Developer business 17,502.30 63,390.30
Total Segment Revenue 60,241.70 2,31,283.00
Less: Inter segment revenue 9,574.20 46,635.20
Revenue from operations 50,667.50 1,84,647.80
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Construction Business 5,444.10 21,611.40
2 Developer business (7,256.30) (4,316.80)
Total Profit before tax (1,812.20) 17,294.60
i. Finance cost 1,596.00 7,334.30
ii. Other Unallocable Expenditure net off Unallocable income (7,443.10) (25,447.50)
Profit before tax 4,034.90 35,407.80
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Construction Business 3,45,143.20 3,45,143.20
2 Developer business 66,922.40 66,922.40
Total Segment Asset 4,12,065.60 4,12,065.60
Un-allocable Assets 327.80 327.80
Net Segment Asset 4,12,393.40 4,12,393.40
4 Segment Liabilities
Segment Liabilities
1 Construction Business 1,65,127.70 1,65,127.70
2 Developer business 30,518.80 30,518.80
Total Segment Liabilities 1,95,646.50 1,95,646.50
Un-allocable Liabilities 921.90 921.90
Net Segment Liabilities 1,96,568.40 1,96,568.40
Disclosure of notes on segments



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 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
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 Gain or loss on remeasurements of defined benefit plan 2.90 77.40
Total Amount of items that will not be reclassified to profit and loss 2.90 77.40
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 2.90 77.40



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
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 35,407.80
Adjustments for reconcile profit (loss)
Adjustments for finance costs 7,334.30
Adjustments for decrease (increase) in inventories 15,622.50
Adjustments for decrease (increase) in trade receivables, current (34,818.40)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (15,389.40)
Adjustments for decrease (increase) in other non-current assets (2,765.10)
Adjustments for other financial assets, non-current 24,691.20
Adjustments for other financial assets, current (8,189.60)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 4,123.10
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (18,661.60)
Adjustments for increase (decrease) in other non-current liabilities 5,361.20
Adjustments for depreciation and amortisation expense 5,735.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 2,482.40
Adjustments for provisions, non-current (31.40)
Adjustments for other financial liabilities, current (6,272.10)
Adjustments for other financial liabilities, non-current (26,264.20)
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 4,049.80
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) (6,397.30)
Other adjustments for non-cash items 3,901.90
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (53,587.30)
Net cash flows from (used in) operations (18,179.50)
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 8,040.50
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities (26,220.00)
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 14,545.30
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 0.00
Purchase of property, plant and equipment 3,640.20
Proceeds from sales of investment property 30,206.90
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 3,699.20
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 3,857.90
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities 41,270.70
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 5,558.10
Repayments of borrowings 3,469.60
Payments of lease liabilities 0.00
Dividends paid 0.00
Interest paid 8,953.50
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (6,865.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 8,185.70
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 8,185.70
Cash and cash equivalents cash flow statement at beginning of period 6,703.60
Cash and cash equivalents cash flow statement at end of period 14,889.30





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 SURYANARAYANA REDDY & CO Yes 30-06-2028