Is Regaal Resources Ltd a profitable company as per its FY25 financial results?

IPO Overview & Key Details

Price Band: ₹96 to ₹102 per share

Issue Size: ₹306 crore total, comprising a fresh issue of ₹210 crore and an offer for sale (OFS) of ₹96 crore

Lot Size: 144 shares — minimum investment is around ₹13,824–₹14,688

Timeline: Subscription window: August 12–14, 2025

Allotment date: August 18, 2025

Refunds and share credit: August 19, 2025

Listing on BSE & NSE: August 20, 2025

Use of Funds: ₹159 crore for debt repayment; balance for general corporate purposes

Financial Health & Operational Snapshot

FY25 Performance:

Revenue: ₹915.16 crore — up ~52–53% from ~₹600 crore in FY24

Net Profit (PAT): ₹47.67 crore — more than doubled from ₹22.14 crore in FY24

Strengths: Strategically located manufacturing unit in Kishanganj, Bihar (zero liquid discharge, 750 tpd capacity)

Diversified product portfolio: maize-based starches, derivatives, food-grade items, etc.

Established distribution network; exports to Nepal and Bangladesh

Risks: High dependence on top 10 customers and suppliers; raw material supply not contractually tracked

Significant debt levels e.g., total borrowings ~₹507 crore vs net worth ~₹235 crore; raising leverage concerns

Is the Company Profitable?

Yes, Regaal Resources is profitable. As of FY25, the company reported a net profit (PAT) of ₹47.67 crore, significantly up from ₹22.14 crore in FY24 — indicating robust growth .

Verified Current Debt Status

As of June 2025, the company’s total sanctioned debt stands at approximately ₹873.46 crore, out of which ₹561.15 crore are outstanding dues (i.e., the debt amounts currently payable) .

Comparison with Total Assets

The latest audited total assets figure is from March 2024, when it was reported at ₹511.46 crore .

Since there’s no newer audited figure available in the public domain (e.g., the RHP does not disclose updated asset data)