30 Sept 2026, 4:16 pmAGM/EGM
Scrutinizer''s Report Of The 42Nd Annual General Meeting
AGM PDF
Royal Cushion Vinyl Products Ltd operates in Granites & Marbles within the Consumer Discretionary sector.
1,645 historical price candles were omitted because the exchange source has not been verified.
Structured signal from quality, growth, valuation and momentum.
₹ crore, by fiscal year
% of revenue, by fiscal year
Comparable companies from the narrowest available industry classification.
Reported profit and loss, balance sheet, cash flow and growth history.
Annual operating, return, leverage and working-capital ratios.
Current futures and options contracts with compact option-chain pages.
Mutual-fund schemes that disclosed a holding in the company.
Annual reports, exchange filings, offer documents, ratings and earnings-call material.
Upcoming dates and the company’s corporate-action history.
Latest exchange announcements, filings and downloadable documents.
Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | 16.8% | 8.3% | 9.8% | 32% | 31.9% | 26.7% |
| EBITDA margin % | -15.8% | -18% | -9.4% | -17% | -25.8% | -4.9% | -6% | -15.5% |
| EBIT margin % | -17.6% | -21.1% | -12.2% | -18.6% | -28.3% | -6.9% | -7.6% | -17.5% |
| PAT margin % | 5.8% | -11% | 3.3% | 68.3% | 0.4% | 537.8% | 3.6% | -14.2% |
| Working capital | ||||||||
| Receivable days | — | — | 16 | 18 | 11 | 43 | 69 | 27 |
| Inventory days | — | — | 84 | 54 | 45 | 87 | 71 | 61 |
| Payable days | — | — | 607 | 353 | 298 | 352 | 209 | 218 |
| NWC days | — | — | -507 | -280 | -242 | -222 | -69 | -131 |
| Leverage | ||||||||
| Current ratio | — | — | 0.22 | 0.27 | 0.3 | 0.28 | 0.48 | 0.36 |
| Debt to EBITDA | — | — | — | — | — | — | — | — |
| Debt to equity | — | — | -0.74 | -0.75 | -0.8 | -2.07 | -2.92 | -2.31 |
| Interest coverage | 1.9 | -0.8 | 1.6 | -4 | 1.1 | 3 | 1.7 | -0 |
| Asset turnover | — | — | 1.72 | 1.99 | 1.82 | 0.75 | 0.75 | 0.72 |
| Return ratios | ||||||||
| Return on assets % | — | — | 5.6% | 135.7% | 0.7% | 401.6% | 2.7% | -10.2% |
| Return on capital employed % | — | — | -9.2% | 29% | -18.5% | -61.3% | 57.9% | -3.5% |
| Return on equity % | — | — | -0.4% | -11.7% | -0% | -990.9% | -8% | 21.7% |
Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.
Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.
| Holder (%) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 66.16% | 39.92% | 39.92% | 39.92% | 39.92% | 39.92% | 39.92% | 39.92% | 39.92% | 39.92% | 39.92% | 39.92% | |
| 0% | 0% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | |
| 2.57% | 5.63% | 5.63% | 5.63% | 5.63% | 5.63% | 5.63% | 5.41% | 5.38% | 5.17% | 5.17% | 5.17% | |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 31.27% | 54.45% | 54.44% | 54.44% | 54.44% | 54.44% | 54.44% | 54.66% | 54.69% | 54.9% | 54.9% | 54.9% | |
| No. of shareholders | — | — | — | — | — | — | — | — | 4,790 | 4,752 | 4,740 | 4,710 |
Promoter holding down 26.24 percentage points since Sep 2023.
| Date | Client | Type | Venue | Side | Quantity | Price | Value |
|---|---|---|---|---|---|---|---|
| 16 Sept 2026 | FLYINGBEE INVESTMENT FUND | Bulk | BSE | Buy | 2,25,000 | ₹11.51 | ₹0.26 Cr |
| 16 Sept 2026 | MONEYBEE SECURITIES PRIVATE LIMITED | Bulk | BSE | Sell | 2,25,000 | ₹11.51 | ₹0.26 Cr |
| 6 Mar 2026 | RENAISSANCE ADVISORY SERVICES PRIVATE LIMITED | Bulk | BSE | Buy | 2,60,000 | ₹18.91 | ₹0.49 Cr |
| 6 Mar 2026 | HEMANT PANPALIA | Bulk | BSE | Sell | 2,60,000 | ₹18.91 | ₹0.49 Cr |
| 5 Mar 2026 | HEMANT PANPALIA | Bulk | BSE | Sell | 2,05,154 | ₹18.94 | ₹0.39 Cr |
| 5 Mar 2026 | RENAISSANCE ADVISORY SERVICES PRIVATE LIMITED | Bulk | BSE | Buy | 2,05,000 | ₹18.94 | ₹0.39 Cr |
| 4 Mar 2026 | RENAISSANCE ADVISORY SERVICES PRIVATE LIMITED | Bulk | BSE | Buy | 3,52,500 | ₹18.29 | ₹0.64 Cr |
| 4 Mar 2026 | HEMANT PANPALIA | Bulk | BSE | Sell | 3,52,346 | ₹18.29 | ₹0.64 Cr |
| 9 Aug 2024 | TRUPTI KETAN KARANI | Bulk | BSE | Sell | 2,00,000 | ₹28.31 | ₹0.57 Cr |
| 8 Aug 2024 | TRUPTI KETAN KARANI | Bulk | BSE | Sell | 2,65,154 | ₹25.52 | ₹0.68 Cr |
Current officeholders as filed with BSE. A person holding two offices is listed once per office.
Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.
| Company | Mkt Cap | EV | Revenue | EBITDA | OPM | PAT | NPM | ROCE | ROE | WC Days |
|---|---|---|---|---|---|---|---|---|---|---|
| Midwest LimitedMIDWESTLTDMIDWESTLTD | ₹3,273 Cr | ₹3,445 Cr | ₹695 Cr | ₹184 Cr | 27% | ₹111 Cr | 16.5% | 16.2% | 13.3% | -962 |
| Pokarna LimitedPOKARNAPOKARNA | ₹2,167 Cr | ₹2,594 Cr | ₹590 Cr | ₹178 Cr | 29.3% | ₹95 Cr | 14.1% | 11.5% | 9.9% | 299 |
| Global Surfaces LimitedGSLSUGSLSU | ₹127 Cr | ₹290 Cr | ₹224 Cr | ₹-11 Cr | -4.9% | ₹-31 Cr | -13.7% | -2.1% | -11.1% | 295 |
| Pacific Industries LtdPACIFICIPACIFICI | ₹94 Cr | ₹167 Cr | ₹187 Cr | ₹7 Cr | 3.8% | ₹7 Cr | 3.5% | 2.9% | 1.7% | 190 |
| Elegant Marbles & Grani Industries LtdELEMARBELEMARB | ₹52 Cr | ₹52 Cr | ₹9 Cr | ₹-3 Cr | 13.5% | ₹-1 Cr | 9.8% | 3.7% | 2.5% | 780 |
| Royal Cushion Vinyl Products LtdROYALCUROYALCU | ₹47 Cr | ₹131 Cr | ₹64 Cr | ₹-4 Cr | -15.5% | ₹2 Cr | -14.2% | -3.5% | — | -131 |
| Oriental Trimex LimitedORIENTALTLORIENTALTL | ₹35 Cr | ₹38 Cr | ₹27 Cr | ₹4 Cr | 7.5% | ₹2 Cr | 8.5% | 3.9% | 1.8% | 887 |
| Aro Granite Industries LimitedAROGRANITEAROGRANITE | ₹34 Cr | ₹194 Cr | ₹123 Cr | ₹6 Cr | 5.1% | ₹-6 Cr | -5.2% | 2.5% | -3.4% | — |
| Madhav Marbles And Granites LimitedMADHAVMADHAV | ₹31 Cr | ₹39 Cr | ₹31 Cr | ₹-2 Cr | -7.1% | ₹-0 Cr | 1.3% | 1.8% | 0.3% | 855 |
No scheme among the 32 fund houses on record reported a position in Royal Cushion Vinyl Products Ltd. Portfolios are published monthly by each AMC; coverage is still partial.
Documents link to external sources (exchange filings, company investor pages).
Scrutinizer''s Report Of The 42Nd Annual General Meeting
Shareholder Meeting / Postal Ballot-Outcome of AGM
Notice Of 42Nd Annual General Meeting ( AGM) And Annual Report For Financial Year 2025-26
Submission Of Notice Of 42Nd Annual General Meeting ( AGM) And Annual Report For Financial Year 2025-26
Intimation Of Book Closure Pursuant To Regulation 42 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Intimation Of Book Closure And Record Date Pursuant To Reg 42 Of SEBI (LODR) Regulations 2015
Reg. 34 (1) Annual Report.
Announcement under Regulation 30 (LODR)-Scheme of Arrangement
| 5 Sept 2026, 3:49 pm | Company Update General | Notice Of 42Nd Annual General Meeting ( AGM) And Annual Report For Financial Year 2025-26 |
| 5 Sept 2026, 3:31 pm | AGM/EGM AGM | Submission Of Notice Of 42Nd Annual General Meeting ( AGM) And Annual Report For Financial Year 2025-26 |
| 5 Sept 2026, 3:02 pm | Corp. Action Book Closure | Intimation Of Book Closure Pursuant To Regulation 42 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 |
| 5 Sept 2026, 2:51 pm | Corp. Action Record Date | Intimation Of Book Closure And Record Date Pursuant To Reg 42 Of SEBI (LODR) Regulations 2015 |
| 5 Sept 2026, 1:44 pm | Others Reg. 34 (1) Annual Report | Reg. 34 (1) Annual Report. |
| 1 Sept 2026, 2:11 pm | Company Update Scheme of Arrangement | Announcement under Regulation 30 (LODR)-Scheme of Arrangement |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 75 | 66 | 73 | 74 | 62 | 61 | 69 | 52 | 55 | 64 | 56 | |
| COGS | -50 | -52 | -55 | -59 | -51 | 51 | 63 | 47 | 37 | 44 | 41 |
| Gross profit | — | — | — | — | — | 10 | 6 | 5 | 18 | 20 | 15 |
| 126 | 128 | 138 | 144 | 125 | 16 | 17 | 19 | 20 | 24 | 24 | |
| -1 | -10 | -10 | -12 | -11 | -6 | -12 | -13 | -3 | -4 | -9 | |
| OPM % | -1.1% | -15.4% | -13.3% | -15.8% | -18% | -9.4% | -17% | -25.8% | -4.9% | -6% | -15.5% |
| Depreciation | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 |
| Interest | — | — | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 3 | 8 |
| — | — | 1 | 22 | 10 | 13 | 63 | 19 | 301 | 10 | 10 | |
| Profit before tax | -6 | -3 | -7 | 4 | -7 | 2 | 47 | 0 | 294 | 2 | -8 |
| Tax | — | — | — | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax % | — | — | — | — | — | 0% | 0% | 0% | 0% | 4.6% | 0% |
| -6 | -3 | -7 | 4 | -7 | 2 | 47 | 0 | 294 | 2 | -8 | |
| PAT margin % | -8.5% | -4.5% | -9.5% | 5.8% | -11% | 3.3% | 68.3% | 0.4% | 537.8% | 3.6% | -14.2% |
| EPS (₹) | -5.3 | -2.5 | -5.8 | 3.5 | -5.7 | 1.7 | 39.1 | 0.2 | 138.5 | 0.6 | -2.2 |
| EPS adjusted (₹) | — | — | — | — | -5.7 | 1.7 | 39.1 | 0.2 | 80.4 | 0.6 | -2.2 |
| Annual report | Annual report for Mar 2016 | Annual report for Mar 2017 | Annual report for Mar 2018 | Annual report for Mar 2019 | Annual report for Mar 2020 | Annual report for Mar 2021 | Annual report for Mar 2022 | Annual report for Mar 2023 | Annual report for Mar 2024 | Annual report for Mar 2025 | — |
| ₹ Cr | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Equity capital | 12 | 12 | 12 | 12 | 37 | 37 | 37 |
| Reserves | — | -463 | -416 | -416 | -66 | -65 | -73 |
| — | 334 | 305 | 325 | 62 | 84 | 84 | |
| — | 153 | 134 | 108 | 41 | 30 | 30 | |
| Total equity & liabilities | — | 36 | 35 | 29 | 73 | 86 | 78 |
| 17 | 13 | 13 | 12 | 46 | 48 | 47 | |
| CWIP | — | 1 | 0 | 0 | 2 | 0 | 0 |
| Investments | — | 0 | 0 | 0 | 0 | 0 | 0 |
| — | 22 | 22 | 16 | 26 | 37 | 31 | |
| Total assets | — | 36 | 35 | 29 | 73 | 86 | 78 |
| ₹ Cr | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| -8 | -1 | -35 | -74 | -18 | 7 | |
| 12 | 0 | 18 | 8 | -1 | 0 | |
| -3 | 1 | 17 | 67 | 18 | -8 | |
| Net cash flow | 0 | 0 | -0 | 1 | -1 | -0 |
| Free cash flow | -8 | -3 | -35 | -77 | -21 | 7 |
| CFO / Operating profit % | — | — | — | — | — | — |