Why did Rossell India's full-year profit fall?

Net profit dropped 19.5% to ₹15.86 cr due to a deeper seasonal loss in Q4, which saw a ₹23.79 cr deficit. The filing attributes this to typical patterns in the tea business.

What did the company decide about dividends?

The board kept the final dividend unchanged at Re.0.40 per share, a 20% payout ratio. This is the same rate as the previous year.

Is the director change significant?

Whole-time Director Nirmal Kumar Khurana retired due to superannuation. Digant Mahesh Parikh was appointed as his successor. The filing describes this as a routine succession.

How does the Q4 loss fit with the full-year result?

The company's tea business has a seasonal pattern where the March quarter typically posts a loss. Q4 FY26 loss was ₹23.79 cr, contributing to the overall yearly profit decline.

Earnings · Defence · Micro cap

Rossell India profit falls 20% as Q4 tea losses bite

FY26 net profit dropped to ₹15.86 cr. The board kept the dividend unchanged.

— 1 earlier story on Rossell India Ltd. →

ROSSELLIND By Tipsheet Editorial 21 May 2026 · 7:38 PM IST Verify on BSE · NSE

Mkt cap₹217 cr

P/E13.67×

ROE10.37%

Debt / eq.0.45

Div yld0.69%

₹15.86 cr FY26 net profit, down 19.5% year-on-year.

What's new

Full-year net profit fell 19.5% to ₹15.86 cr from ₹19.69 cr.
Q4 FY26 loss was ₹23.79 cr, a seasonal pattern for the tea business.
Dividend held at Re.0.40/share; Whole-time Director Nirmal Kumar Khurana retired.

Why this matters

The results confirm a weaker year for Rossell. The full-year profit decline is driven by typical tea-season volatility, and the maintained dividend suggests the board sees this as cyclical. The director change is a standard succession, not a strategy shift.

What we're watching

Early-season tea price trends for FY27 to gauge recovery.
Performance of the new director in upcoming operational decisions.
Whether the dividend is maintained if profits don't rebound.

The full read

Full-year net profit fell 19.5% to ₹15.86 cr from ₹19.69 cr. The damage was concentrated in Q4, which booked a ₹23.79 cr loss. That's the tea cycle. The board held the dividend at Re.0.40 per share, a 20% payout. It's a signal that the earnings dip is seen as temporary. Separately, Whole-time Director Nirmal Kumar Khurana retired and was replaced by Digant Mahesh Parikh. For a ₹215 cr market cap company, these are procedural updates. The stock's direction hinges on whether the next growing season restores margins.

Questions answered

Why did Rossell India's full-year profit fall?: Net profit dropped 19.5% to ₹15.86 cr due to a deeper seasonal loss in Q4, which saw a ₹23.79 cr deficit. The filing attributes this to typical patterns in the tea business.
What did the company decide about dividends?: The board kept the final dividend unchanged at Re.0.40 per share, a 20% payout ratio. This is the same rate as the previous year.
Is the director change significant?: Whole-time Director Nirmal Kumar Khurana retired due to superannuation. Digant Mahesh Parikh was appointed as his successor. The filing describes this as a routine succession.
How does the Q4 loss fit with the full-year result?: The company's tea business has a seasonal pattern where the March quarter typically posts a loss. Q4 FY26 loss was ₹23.79 cr, contributing to the overall yearly profit decline.

Mentioned: Rossell India Ltd · ₹15.86 cr FY26 net profit · Digant Mahesh Parikh

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Rossell India Ltd.

Defence

₹203 cr

P/E 12.81×

Latest quarter · Jun 2024

Sales₹75 cr

Net profit₹2 cr

Op. margin+10.7%

EPS₹0.64

Strength & growth

Debt / equity0.65×

Current ratio1.10×

Sales CAGR+3.5%

EPS CAGR+5.9%

Story so far

All notes on ROSSELLIND →

21 May 2026 · 7:38 PM IST Rossell India profit falls 20% as Q4 tea losses bite
46d ago Rossell India profits fall 19.5% to ₹15.86 crore