Rex Sealing & Packing Industries Limited has released its Annual Report for the financial year ended March 31, 2026. The report highlights a turnover of ₹3,828 lakhs and a net profit of ₹180.41 lakhs. The company is also actively pursuing expansion by setting up a new plant for specialized chemicals, with a project cost estimated at ₹1600 lakhs. Key operational achievements and financial strategies are detailed throughout the report.
Rex Sealing & Packing Industries: Annual Report 2025-26 Highlights
Rex Sealing & Packing Industries Limited has presented its Annual Report for the fiscal year ending March 31, 2026, showcasing a robust financial performance and strategic growth initiatives. The company reported a total income of ₹3,828.45 lakhs, an increase from the previous year’s ₹3,507.46 lakhs. Net profit after tax for the year stood at ₹729.01 lakhs, indicating a positive financial trajectory.
Operational Expansion and Financial Growth
The company is strategically expanding its business operations by establishing a new plant dedicated to the manufacture of gaskets, industrial bellows, and chemicals. This ambitious project is located in Vadgoan Taluk, Khalapur District, Raigad, Maharashtra, with the company having acquired approximately 1.52.30 hectares of land for this purpose at a cost of ₹595 lakhs. The estimated project cost is around ₹1600 lakhs, awaiting government approvals.
Financially, the company’s share capital has increased to 25,85,000 equity shares following the conversion of warrants, aggregating to ₹2,58,50,000. Proceeds from this preferential issue are earmarked for capital expenditures, infrastructure development, and technological advancements. Furthermore, the company reported selling 4000 sq. meters of land in MIDC Ambernath on May 21, 2025, for ₹241 lakhs.
Corporate Governance and Compliance
The report also details the company’s adherence to corporate governance norms, including the composition of its Board of Directors and various committees. It confirms the appointment of Directors and Company Secretaries, along with their respective qualifications and meeting attendances. The company emphasizes its compliance with statutory requirements and its commitment to ethical business practices throughout the fiscal year.
Source: BSE