Board Meeting Details

The Board of Directors meeting was held on Monday, May 25, 2026, commencing at 08:00 PM and concluding at 09:00 PM.

Financial Results Approval

The Board considered and approved the Audited Financial Results (Standalone) for the Half Year and Year ended March 31, 2026, including Statement of Assets & Liabilities and Cash Flow Statement, along with Auditors Report.

Financial Performance Summary (₹ in Lakhs)

Half Year Ended March 31, 2026 (H2 FY26):

  • Revenue from Operations: ₹6,195.29
  • Other Income: ₹105.21
  • Total Revenue: ₹6,300.51
  • Total Expenses: ₹6,397.05
  • Loss Before Tax: ₹(96.54)
  • Tax Expense: ₹(24.82) current tax + ₹4.70 deferred tax
  • Net Loss: ₹(76.42)
  • Basic EPS: ₹(2.46)
  • Paid-up Equity Share Capital: ₹310.80 lakhs (Face value ₹10.00 per share)

Full Year Ended March 31, 2026 (FY26):

  • Revenue from Operations: ₹9,522.48
  • Other Income: ₹200.12
  • Total Revenue: ₹9,722.60
  • Total Expenses: ₹9,322.58
  • Profit Before Tax: ₹400.02
  • Tax Expense: ₹52.95 current tax + ₹(8.06) deferred tax
  • Net Profit: ₹355.13
  • Paid-up Equity Share Capital: ₹310.80 lakhs (Face value ₹10.00 per share)

Comparative Figures (FY25):

  • Revenue from Operations: ₹8,779.47
  • Other Income: ₹25.55
  • Total Revenue: ₹8,805.01
  • Total Expenses: ₹8,098.52
  • Profit Before Tax: ₹706.50
  • Tax Expense: ₹139.41 current tax + ₹50.38 deferred tax
  • Net Profit: ₹506.71
  • Paid-up Equity Share Capital: ₹200.00 lakhs (Face value ₹10.00 per share)

Expense Breakdown (FY26):

  • Cost of materials consumed: ₹9,198.26
  • Employee benefit expense: ₹247.31
  • Finance Costs: ₹156.35
  • Depreciation: ₹102.08
  • Other Expenses: ₹324.74

Cash Flow Statement (FY26):

  • Net cash from operating activities: ₹1,421.97 lakhs
  • Net cash used in investing activities: ₹(564.70) lakhs
  • Net cash from financing activities: ₹1,992.72 lakhs
  • Net increase in cash: ₹6.05 lakhs
  • Cash and cash equivalents at year-end: ₹8.98 lakhs

IPO Proceeds Utilization:

The company completed an IPO of 8.26 lakh shares at ₹505 premium per share (face value ₹10) and was listed on BSE-SME on January 21, 2026. Funds utilization as of March 31, 2026:

  • Repayment of borrowings: ₹1,450.00 lakhs (fully utilized)
  • Purchase of machinery and equipment: ₹329.00 lakhs (fully utilized)
  • Working Capital Requirement: ₹1,020.00 lakhs (fully utilized)
  • General Corporate Purpose: ₹455.46 lakhs (out of ₹460.00 allocated)

Audit Details:

Independent Auditors (FORDGMS & CO., Firm Regn. No. 01) issued an unmodified opinion on the standalone financial results pursuant to Regulation 33(3)(d) of SEBI Listing Regulations. The audit report was signed by Jyoti J Kataria, Partner (Membership No. 116861).

Additional Information:

  • The company has a single reportable business segment
  • Figures for corresponding previous periods have been regrouped/reclassified where necessary
  • The Audit Committee reviewed and Board of Directors approved the results on May 25, 2026
  • Results are available on company website: https://www.narmadeshbrass.com/financial_results.html