Regaal Resources Ltd, a Bihar-based maize wet milling company, commissioned a significantly expanded manufacturing facility on May 26, 2026, doubling its crushing capacity from 825 tonnes per day to 1,650 MT per day and establishing itself as the largest maize wet milling facility in Eastern India.
Alongside the capacity expansion, the company commissioned a new Liquid Glucose manufacturing facility with a capacity of 180 MT per day and a Maltodextrin Powder facility with a capacity of 50 MT per day. The company’s captive co-generation power plant was also expanded from 7.1 MW to 15.8 MW. The total project outlay for the expansion was approximately ₹540 crore, of which ₹401.4 crore had been spent as of March 31, 2026.
The expansion announcement accompanied the company’s audited financial results for FY26. Full-year operating income rose 23.9 per cent year-on-year to ₹1,134.17 crore. Operating EBITDA grew 12.2 per cent to ₹126.57 crore with a margin of 11.2 per cent, while profit after tax increased 16.6 per cent to ₹55.56 crore. The board has recommended a dividend of ₹0.25 per share, subject to shareholder approval.
For the fourth quarter ending March 31, 2026, operating income stood at ₹244.61 crore, down 5.4 per cent year-on-year, but with a stronger EBITDA margin of 13.3 per cent, up 283 basis points from the same period last year. The company attributed the margin improvement to reduced trading activity and better realisations across its core product portfolio. PAT for the quarter jumped 47.9 per cent year-on-year to ₹16.54 crore.
The company, reported a revenue CAGR of 32.5 per cent from FY23 to FY26 and achieved peak capacity utilisation of 96.5 per cent in FY26. It onboarded 134 new customers during the year, taking its total customer base to 345.
Looking ahead, the company plans to commission Dextrose Anhydrous, Dextrose Monohydrate, and Hydrol manufacturing facilities during FY27, targeting further expansion into higher-value derivative products.