Synopsis:
Ritesh International Limited, Chemical Stock, reports 49.52% YoY revenue growth and a 341.67% YoY net profit surge in Q2 FY26 results.
This Penny Chemical Stock, engaged in manufacturing and selling stearic acid, fatty acids, and glycerine used in rubber, PVC, cosmetic, and pharmaceutical industries, hit a 5 percent upper circuit after the company reported September quarterly results with a 341.67 percent YoY increase in net profit.
With a market capitalization of Rs. 57.30 crores, the shares of Ritesh International Limited hit a 5 percent upper circuit of Rs. 68.07 per share on Monday, up from its previous closing price of Rs. 64.83 per share. Since then, the stock has retreated and is currently trading at Rs. 67 per equity share.
Q2 FY26 Result Walkthrough
Coming into the quarterly results of Ritesh International Limited, the company’s consolidated revenue from operations increased by 49.52 percent YOY, from Rs. 25.91 crore in Q2 FY25 to Rs. 38.74 crore in Q2 FY26, and grew by 10.53 percent QoQ from Rs. 35.05 crore in Q1 FY26.
In Q2 FY26, Ritesh International Limited’s consolidated net profit increased by 341.67 percent YOY, reaching Rs. 1.06 crore compared to Rs. 0.24 crore during the same period last year. As compared to Q1 FY26, the net profit has increased by 186.49 percent, from Rs. 0.37 crore.
The basic earnings per share increased by 342.86 percent and stood at Rs. 1.24 as against Rs. 0.28 recorded in the same quarter in the previous year, FY2025. Ritesh International Limited’s revenue and net profit have grown at a CAGR of 14.52 percent and 10.67 percent, respectively, over the last four years.
In terms of return ratios, the company’s ROCE and ROE stand at 17.8 percent and 16.3 percent, respectively. Ritesh International Limited has an earnings per share (EPS) of Rs. 4.15, and its debt-to-equity ratio is 0.44x.
Company Overview
Ritesh International Limited was established in 1981 and is based in Ludhiana, Punjab. The company is engaged in manufacturing and supplying stearic acid and glycerine of various grades for industrial applications.
Ritesh International serves the chemical and textile industries by providing high-quality raw materials like rubber-grade stearic acid, cosmetic-grade stearic acid, and refined glycerine. The company has a manufacturing facility equipped with modern technology to maintain product quality and meet client requirements efficiently. The company markets its products across India and exports to several countries, ensuring timely delivery and maintaining long-term client relationships.
Written By – Nikhil Naik
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