Revathi Equipment loses CFO; no successor named
Sudhir Raju resigns effective June 30 citing personal reasons, leaving a key finance role open at the ₹220-cr nano-cap.
— 2 earlier stories on Revathi Equipment India Ltd. →What's new
- CFO Sudhir Raju resigns effective June 30, 2026, citing personal reasons.
- Board accepts resignation; company yet to appoint a successor.
- Raju confirms no other material reasons for departure.
Why this matters
For a nano-cap with a market cap of just ₹220 crore, the sudden exit of the top finance executive (without a named replacement) raises questions about financial controls and ongoing initiatives. While the recent Q4 profit surged 53%, a leadership vacuum at the CFO level can stall momentum.
What we're watching
- Timeline for new CFO appointment: any extended gap adds risk.
- Whether Q1 FY27 filings face delays or qualification concerns.
- Any subsequent board changes or governance disclosures.
The full read
Revathi Equipment's CFO, Sudhir Raju, resigned effective June 30, 2026, for personal reasons. The board accepted but has no successor ready. For a ₹220-cr nano-cap, that gap matters. Raju was the top finance hand; his departure, even if amicable, opens uncertainty around reporting and controls at a time when the company just reported a 53% surge in Q4 profit. A vacuum in a key managerial role, however temporary, makes the stock harder to hold.
Questions answered
- Why did Sudhir Raju resign as CFO of Revathi Equipment?
- He resigned citing personal reasons, effective June 30, 2026. He confirmed there were no other material reasons for the departure.
- Has Revathi Equipment appointed a new CFO yet?
- No. The board has accepted the resignation and stated the company is in the process of appointing a successor, but no name has been announced.
- How does this affect the company's financial reporting?
- The CFO is responsible for financial controls and filings. Without a successor in place, there is a risk of delays or lapses in reporting, especially for a nano-cap with limited management depth.
- What was Revathi Equipment's recent financial performance?
- In Q4 FY26, the company posted a standalone net profit of ₹14.1 crore, up 53% from ₹9.3 crore a year earlier. Annual revenue for FY26 was flat.
Revathi Equipment India Ltd.
Latest quarter · Mar 2026
Strength & growth
Story so far
All notes on RVTH →- 30 Jun 2026 · 6:03 PM IST Revathi Equipment loses CFO; no successor named
- 44d ago Revathi Equipment marks a Q4 profit surge as annual revenue retreats
- 44d ago Revathi Equipment earnings show a weak year salvaged by a strong Q4