Board Meeting Details

The meeting was held on November 13, 2026, commencing at 6:00 PM and concluding at 8:30 PM. The Audit Committee had reviewed the results prior to board approval.

Financial Results - Standalone (₹ in lakhs)

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹29.17 (vs ₹42.86 in Q2 FY26)
  • Total Expenses: ₹25.28 (vs ₹32.75 in Q2 FY26)
  • Profit Before Tax: ₹3.89 (vs ₹10.11 in Q2 FY26)
  • Tax Expense: ₹1.57 (Current Tax: ₹1.32, Deferred Tax: ₹0.25)
  • Net Profit: ₹2.32 (vs ₹5.88 in Q2 FY26)
  • Basic EPS: ₹0.02 (vs ₹0.06 in Q2 FY26)

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹55.29 (vs ₹75.12 in H1 FY26)
  • Profit Before Tax: ₹5.76 (vs ₹17.69 in H1 FY26)
  • Tax Expense: ₹3.36 (Current Tax: ₹1.81, Deferred Tax: ₹1.55)
  • Net Profit: ₹2.40 (vs ₹13.67 in H1 FY26)
  • Basic EPS: ₹0.02 (vs ₹0.13 in H1 FY26)

Financial Results - Consolidated (₹ in lakhs)

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹29.17 (vs ₹54.78 in Q2 FY26)
  • Profit Before Tax: ₹3.75 (vs ₹11.27 in Q2 FY26)
  • Net Profit: ₹2.25 (vs ₹6.75 in Q2 FY26)
  • Basic EPS: ₹0.02 (vs ₹0.06 in Q2 FY26)

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹55.29 (vs ₹87.04 in H1 FY26)
  • Profit Before Tax: ₹5.57 (vs ₹18.85 in H1 FY26)
  • Net Profit: ₹2.30 (vs ₹14.54 in H1 FY26)
  • Basic EPS: ₹0.02 (vs ₹0.14 in H1 FY26)

Subsidiary Information

The consolidated results include subsidiary NAS Global Industries Private Limited, which contributed:

  • Total Assets: ₹5.44 lakh
  • Total Net Assets: ₹5.16 lakh
  • Total Revenues: Nil
  • Net Loss after tax: ₹0.19 lakh for half year ended September 30, 2026

Auditor's Emphasis of Matter

The statutory auditors, M/s. KARM & CO, raised two key concerns in their limited review report:

1. Cash Balance Verification: The company reported cash-in-hand of ₹178.46 lakh (standalone) and ₹183.90 lakh (consolidated) as at September 30, 2026, but no supporting documentary evidence was provided for verification.

2. Related Party Advances: The company has granted advances to related parties outstanding for a considerable period against which no goods have been received. Management represents these as recoverable, but ultimate recoverability depends on future events.

The auditor's conclusion is not modified regarding these matters.

Capital Structure

Paid-up equity share capital remains unchanged at ₹1,052.05 lakh with face value of ₹10 per share.

Dissemination of Results

The financial results are being disseminated on the company's website at https://nakshmetals.com/investor-relations/