Results Snapshot
Figures in Million
Consolidate Annual Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
Mar'20
Net Sales
4,70,392.00
4,60,319.00
4,30,186.00
4,25,229.00
3,66,185.00
3,44,364.00
3,40,460.00
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
4,70,392.00
4,60,319.00
4,30,186.00
4,25,229.00
3,66,185.00
3,44,364.00
3,40,460.00
Raw Material Cost
3,11,347.00
3,08,711.00
2,96,391.00
2,90,213.00
2,52,492.00
2,31,695.00
2,30,479.00
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
137.00
97.00
79.00
73.00
64.00
50.00
48.00
Selling and Distribution Expenses
87,603.00
83,121.00
75,725.00
75,439.00
61,295.00
56,682.00
62,738.00
Other Expenses
1,580.20
1,484.20
1,422.30
1,338.50
1,269.80
1,175.20
926.00
Total Expenditure (Excl Depreciation)
4,14,889.00
4,06,771.00
3,86,418.00
3,79,110.00
3,26,549.00
3,00,179.00
3,02,525.00
Operating Profit (PBDIT) excl Other Income
55503
53548
43768
46119
39636
44185
37935
Other Income
8,637.00
5,595.00
7,122.00
3,220.00
3,258.00
3,206.00
1,307.00
Operating Profit (PBDIT)
74,562.00
66,727.00
61,029.00
58,004.00
50,962.00
55,471.00
48,204.00
Interest
137.00
97.00
79.00
73.00
64.00
50.00
48.00
Exceptional Items
711.00
-1,280.00
-150.00
0.00
0.00
0.00
-844.00
Gross Profit (PBDT)
1,59,045.00
1,51,608.00
1,33,795.00
1,35,016.00
1,13,693.00
1,12,669.00
1,09,981.00
Depreciation
15,643.00
15,461.00
14,877.00
13,364.00
11,839.00
11,574.00
12,475.00
Profit Before Tax
59,492.00
49,886.00
45,921.00
44,565.00
39,060.00
43,846.00
34,834.00
Tax
16,182.00
12,698.00
11,391.00
11,569.00
10,053.00
11,602.00
9,144.00
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
36,161.00
29,691.00
26,667.00
26,097.00
23,748.00
27,581.00
21,562.00
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
36,161.00
29,691.00
26,667.00
26,097.00
23,748.00
27,581.00
21,562.00
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
7,149.00
7,497.00
7,862.00
6,898.00
5,258.00
4,662.00
4,128.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
43,310.00
37,188.00
34,529.00
32,995.00
29,006.00
32,243.00
25,690.00
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Reserves
4,37,254.00
4,05,846.00
3,87,775.00
3,64,151.00
3,43,120.00
3,42,329.00
3,15,616.00
Earnings per share (EPS)
259.96
209.66
184.75
176.91
156.79
178.87
139.83
Diluted Earnings per share
259.96
209.66
184.75
176.91
156.79
178.87
139.83
Operating Profit Margin (Excl OI)
10.69%
9.92%
9.07%
9.74%
9.79%
11.82%
10.11%
Gross Profit Margin
15.97%
14.2%
14.13%
13.62%
13.9%
16.09%
13.9%
PAT Margin
7.69%
6.45%
6.2%
6.14%
6.49%
8.01%
6.33%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Mar 2026 is 2.19% vs 7.00% in Mar 2025
Consolidate Net Profit
YoY Growth in year ended Mar 2026 is 16.46% vs 7.70% in Mar 2025
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2026 is 7.84% vs 13.40% in Mar 2025
Interest
YoY Growth in year ended Mar 2026 is 41.24% vs 22.78% in Mar 2025
Operating Profit Margin (Excl OI)
YoY Growth in year ended Mar 2026 has improved from Mar 2025
Compare Annual Results Of Rinnai Corp. With
Figures in Million
Consolidate Annual Results
Change(JPY)
Change(%)
Net Sales
4,70,392.00
6,60,712.00
-1,90,320.00
-28.81%
Other Operating Income
0.00
0.00
0.00
Total Operating income
4,70,392.00
6,60,712.00
-1,90,320.00
-28.81%
Raw Material Cost
3,11,347.00
4,40,902.00
-1,29,555.00
-29.38%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
0.00
0.00
0.00
Power Cost
0
0
0.00
Manufacturing Expenses
137.00
1,409.00
-1,272.00
-90.28%
Selling and Distribution Expenses
87,603.00
1,32,906.00
-45,303.00
-34.09%
Other Expenses
1,580.20
639.80
940.40
146.98%
Total Expenditure (Excl Depreciation)
4,14,889.00
5,81,615.00
-1,66,726.00
-28.67%
Operating Profit (PBDIT) excl Other Income
55,503.00
79,097.00
-23,594.00
-29.83%
Other Income
8,637.00
4,588.00
4,049.00
88.25%
Operating Profit (PBDIT)
74,562.00
99,237.00
-24,675.00
-24.86%
Interest
137.00
1,409.00
-1,272.00
-90.28%
Exceptional Items
711.00
-1,767.00
2,478.00
140.24%
Gross Profit (PBDT)
1,59,045.00
2,19,810.00
-60,765.00
-27.64%
Depreciation
15,643.00
15,552.00
91.00
0.59%
Profit Before Tax
59,492.00
80,508.00
-21,016.00
-26.10%
Tax
16,182.00
20,339.00
-4,157.00
-20.44%
Provisions and contingencies
0
0
0.00
Profit After Tax
36,161.00
59,777.00
-23,616.00
-39.51%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
36,161.00
59,777.00
-23,616.00
-39.51%
Share in Profit of Associates
0
0
0.00
Minority Interest
7,149.00
391.00
6,758.00
1,728.39%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
43,310.00
60,168.00
-16,858.00
-28.02%
Equity Capital
0
0
0.00
Face Value
0.00
0.00
0.00
Reserves
4,37,254.00
3,48,558.00
88,696.00
25.45%
Earnings per share (EPS)
259.96
281.48
-21.52
-7.65%
Diluted Earnings per share
259.96
281.48
-21.52
-7.65%
Operating Profit Margin (Excl OI)
10.69%
11.97%
0.00
-1.28%
Gross Profit Margin
15.97%
14.54%
0.00
1.43%
PAT Margin
7.69%
9.05%
0.00
-1.36%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 47,039.20 Million
in Mar 2026Figures in Million
YoY Growth in year ended Mar 2026 is 2.19% vs 7.00% in Mar 2025
Annual - Consolidate Net Profit
Consolidate Net Profit 4,331.00 Million
in Mar 2026Figures in Million
YoY Growth in year ended Mar 2026 is 16.46% vs 7.70% in Mar 2025
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 6,592.50 Million
in Mar 2026Figures in Million
YoY Growth in year ended Mar 2026 is 7.84% vs 13.40% in Mar 2025
Annual - Interest
Interest 13.70 Million
in Mar 2026Figures in Million
YoY Growth in year ended Mar 2026 is 41.24% vs 22.78% in Mar 2025
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 10.69%
in Mar 2026Figures in %
YoY Growth in year ended Mar 2026 has improved from Mar 2025






