Rectitude Holdings Ltd (RECT) Income Statement
RECT FY2026 at a glance
Fiscal year ended March 31, 2026 · Singapore dollarsRECT revenue and net income
Where RECT's revenue goes
FY2026Each bar shows an amount and its share of revenue. RECT kept 7.0% of revenue as net income.
RECT profit margins
RECT growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −9.4% | +24.4% | — | — |
| Gross profit | −24.6% | +22.0% | — | — |
| Operating income | +47.6% | +8.0% | — | — |
| Net income | +24.2% | +9.0% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
RECT income statement in Singapore dollars
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | S$39.7M | S$43.8M | S$41.4M | S$20.6M | S$29.8M |
| Cost of revenue | S$28.6M | S$29.1M | S$26.6M | S$14.5M | S$21.1M |
| Gross profit | S$11.1M | S$14.7M | S$14.7M | S$6.1M | S$8.7M |
| Research & development | S$0 | S$156,947 | S$76,386 | S$45,809 | S$89,067 |
| Sales, general & admin | S$11.0M | S$10.9M | S$9.4M | S$5.0M | S$5.0M |
| Total operating expenses | S$7.8M | S$12.5M | S$10.5M | S$3.5M | S$6.1M |
| Operating income | S$3.3M | S$2.2M | S$4.2M | S$2.6M | S$2.5M |
| Interest income | S$162,332 | S$300,129 | S$0 | S$0 | — |
| Interest expense | S$135,659 | S$200,638 | S$214,462 | S$142,496 | S$119,180 |
| Income before taxes | S$3.7M | S$2.5M | S$4.1M | S$2.6M | S$2.5M |
| Income taxes | S$898,237 | S$219,952 | S$792,207 | S$476,420 | S$439,015 |
| Net income | S$2.8M | S$2.2M | S$3.4M | S$2.1M | S$2.1M |
| EBITDA | S$4.9M | S$4.6M | S$5.9M | S$5.3M | S$3.6M |
| Gross margin | 28.0% | 33.7% | 35.6% | 29.7% | 29.3% |
| Operating margin | 8.3% | 5.1% | 10.1% | 12.7% | 8.4% |
| Net margin | 7.0% | 5.1% | 8.1% | 10.4% | 7.0% |
| Jun '26 | Dec '25 | Jun '25 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | Sep '22 | Mar '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | S$20.8M | S$19.0M | S$21.7M | S$22.1M | S$15.8M | S$11.7M | S$10.4M | S$15.3M | S$10.2M | S$19.1M | S$1.5M | S$14.9M |
| Cost of revenue | S$15.1M | S$13.5M | S$14.6M | S$14.4M | S$11.0M | S$8.1M | S$7.0M | S$10.1M | S$6.5M | S$13.4M | S$1.1M | S$10.5M |
| Gross profit | S$5.7M | S$5.5M | S$7.1M | S$7.7M | S$4.8M | S$3.5M | S$3.4M | S$5.1M | S$3.8M | S$5.7M | S$380,273 | S$4.4M |
| Research & development | — | — | S$105,571 | S$51,376 | S$21,432 | S$15,849 | S$14,047 | S$36,014 | S$24,146 | S$44,992 | S$817 | S$44,534 |
| Sales, general & admin | — | — | S$5.3M | S$6.3M | S$3.6M | — | S$2.6M | S$3.1M | S$2.4M | S$4.0M | S$1.8M | S$2.5M |
| Total operating expenses | S$4.5M | S$3.3M | S$5.8M | S$6.3M | S$3.6M | S$2.7M | S$2.7M | S$3.1M | S$2.4M | S$4.1M | −S$564,999 | S$3.1M |
| Operating income | S$1.2M | S$2.1M | S$894,949 | S$1.3M | S$1.1M | S$830,820 | S$735,298 | S$2.0M | S$1.3M | S$1.7M | S$945,272 | S$1.3M |
| Interest expense | S$65,546 | S$70,339 | S$59,683 | S$51,820 | S$101,693 | S$75,199 | — | S$59,045 | — | S$73,962 | S$142,496 | S$59,590 |
| Income before taxes | S$1.3M | S$2.4M | S$1.0M | S$1.5M | S$947,747 | S$844,836 | S$748,280 | S$2.0M | S$1.3M | S$1.6M | S$977,171 | S$1.3M |
| Income taxes | S$520,438 | S$379,419 | −S$117,225 | S$337,177 | S$238,518 | S$135,606 | S$119,259 | S$412,931 | S$276,845 | S$265,360 | S$211,060 | S$219,508 |
| Net income | S$742,465 | S$2.0M | S$1.1M | S$1.1M | S$629,021 | S$709,229 | S$629,021 | S$1.6M | S$1.0M | S$1.4M | S$766,109 | S$1.0M |
| EBITDA | S$2.0M | S$2.9M | S$1.9M | S$2.2M | S$1.6M | S$1.3M | S$868,757 | S$2.5M | S$1.5M | S$1.9M | S$3.4M | S$1.8M |
| Gross margin | 27.4% | 28.7% | 32.5% | 34.7% | 30.2% | 30.2% | 32.5% | 33.6% | 37.0% | 30.0% | 26.1% | 29.3% |
| Operating margin | 5.7% | 11.2% | 4.1% | 6.1% | 7.1% | 7.1% | 7.0% | 13.1% | 13.1% | 8.7% | 64.9% | 8.4% |
| Net margin | 3.6% | 10.8% | 5.2% | 5.1% | 4.0% | 6.1% | 6.0% | 10.2% | 10.2% | 7.2% | 52.6% | 7.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in Singapore dollars as reported in RECT's financial statements (latest annual report filed July 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
RECT financial results
In fiscal year 2026 (ended March 31, 2026), Rectitude reported revenue of S$39.7 million, down 9.4% from the year before. It had net income of S$2.8 million (up 24.2%), a net profit margin of 7.0%. Figures are in Singapore dollars, the currency of its financial statements.
See the RECT stock overview for the latest quote and news, or the RECT chart for price history and technical indicators.
RECT income statement FAQ
What is Rectitude's annual revenue?
Rectitude reported total revenue of S$39.7 million for fiscal year 2026, which ended on March 31, 2026. That was down 9.4% from S$43.8 million the previous year.
Is Rectitude profitable?
Yes. Rectitude reported net income of S$2.8 million in fiscal 2026, a net profit margin of 7.0%; its operating margin was 8.3%.
What is Rectitude's gross margin?
Rectitude's gross margin was 28.0% in fiscal 2026: for every $100 of revenue, Rectitude kept $28 after the direct cost of its products and services.
When will Rectitude report its next earnings?
Rectitude is expected to report results for the quarter ending September 30, 2026 on October 29, 2026.
When does Rectitude's fiscal year end?
Rectitude's fiscal year ends in March. The latest annual report covers the year ended March 31, 2026 and was filed on July 30, 2026.