Synopsis: Textile stock in focus after announcing April 3, 2026 record date for a 1:2 stock split. Shares saw volatility despite strong long-term returns, while the move aims to improve liquidity and broaden investor participation.
The shares of this company, which is a Surat-based, vertically integrated denim manufacturer producing over 30 million meters annually, specializing in varied fabric finishes and high-width denims, came into focus after the board announced the stock split record date.
With a market capitalization of Rs 792 crore, R&B Denims Ltd’s shares on Thursday made a day low of Rs 88.05 per share, down 5 percent from its previous day’s close price of Rs.92.65 per share. The share has given a return of 1,030 percent over the last five years.
Corporate action
The company has fixed April 3, 2026, as the record date to determine eligible shareholders for the subdivision of equity shares. Under this corporate action, the face value of shares will be split from Rs 2 per share to Rs 1 per share, aiming to improve liquidity and make the stock more accessible to investors.
In a recent development, shareholders approved a stock split along with an increase in authorised share capital at the EOGM held on 13th March 2026. The authorised capital was raised from Rs 25.5 crore to Rs 30 crore, alongside amendments to the Capital Clause of the Memorandum of Association.
As of December 2025, promoter holding remained unchanged at 57.38 percent compared to December 2024. FIIs initiated participation, raising their stake to 0.63 percent from zero, indicating fresh institutional interest. Meanwhile, public shareholding declined marginally from 42.60 percent to 41.98 percent, reflecting a slight shift in ownership structure.
R&B Denims Ltd. (incorporated 2010) is a Surat-based, vertically integrated denim manufacturer producing over 30 million meters annually, specializing in varied fabric finishes and high-width denims. The company produces denim widths up to 85 inches, specializing in both large-scale uniform shades and small-batch custom colors.
Financial Highlights: The revenue from operations grew by 19 percent to Rs 113 crore in Q3 FY26 from Rs 95.3 crore in Q3 FY25, and EBIDT declined by 2 percent to Rs 11.0 crore in Q3 FY26 from Rs 11.2 crore in Q3 FY25. Accompanied by a net profit decline of 18 percent to Rs 8.29 crore in Q3 FY26 from Rs 10.1 crore in Q3 FY25, resulting in an EPS decline of 18 percent to Rs 0.92 per share in Q3 FY26.
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