Rithwik Facility Management Services Share Price Today

Rithwik Facility Mgmt Q2FY27 Results: Net profit falls 4% YoY to ₹165 lakh

Net profit declined 4.1% YoY to ₹165.15 lakh in H1FY27. Revenue from operations fell 2.4% to ₹1,991.21 lakh. Other income surged 224.6% to ₹28.47 lakh, boosting PBT. Employee benefit expenses rose 10.2% to ₹379.62 lakh. EPS stood at ₹5.40, down from ₹5.63 in H1FY26.

Rithwik Facility Mgmt wins IT appeal on ₹11.09 lakh tax demand

Rithwik Facility Management Services won an appeal against a ₹11,09,052 tax demand. The order was passed by the Commissioner of Income Tax (Appeal) for AY 2017-18. The dispute stemmed from disallowed expenses noted in a June 2019 DCIT order. The outcome is expected to positively impact the company's financial position.

Rithwik Facility Mgmt receives GST show cause notice for FY24

Rithwik Facility Management Services Ltd received a GST show cause notice for FY24 on October 1, 2026. The notice proposes a potential tax liability of ₹8.41 crore regarding ITC and non-GST supplies. The company claims no financial impact is expected as it holds all necessary supporting documents. No penalty or restriction has been imposed by the Assistant Commissioner (ST), Guindy Assessment Circle.

Rithwik Facility Mgmt declares ₹1 per share dividend for FY26

Final dividend of ₹1 per share approved for FY26. All six AGM resolutions passed with 100% votes in favour. SVRJNS & Co appointed as new statutory auditors. Three new directors appointed including one independent director. 22 out of 87 registered shareholders participated in voting.

Rithwik Facility Management sets Sept 23 record date for ₹1 dividend

Record date set for September 23, 2026 for FY26 final dividend. Dividend amount is ₹1 per equity share (10% on face value). Payout subject to approval at AGM on September 30, 2026. FY26 revenue declined 5.39% to ₹40.18 crore. Net profit remained stable at ₹3.51 crore.

Rithwik Facility Management appoints Rishabh Dev, Ranjith Patro as directors

Rithwik Facility Management Services Ltd appointed Rishabh Dev Rajshekar Raman and Ranjith Patro as non-executive directors on August 12, 2026. Mrs. Anitha Radhakrishnan resigned from her non-independent role and was immediately appointed as an independent director. The Board also reconstituted the Audit Committee and appointed SVRJNS & Co. as statutory auditors for FY27-FY31.