National Fittings Limited

Financial Performance Highlights

Quarter Ended 30.09.2026 (Q2 FY2027):

  • Net sales: ₹3208.68 lakh (vs ₹2364.29 lakh in Q2 FY2026, +35.7% YoY)
  • Other income: ₹74.34 lakh
  • Total income: ₹3283.02 lakh
  • Profit before tax: ₹321.85 lakh (vs ₹217.31 lakh in Q2 FY2026, +48.1% YoY)
  • Tax expense: ₹31.71 lakh (Current tax: ₹86.19 lakh, Deferred tax credit: ₹(54.48) lakh)
  • Net profit: ₹290.14 lakh (vs ₹184.07 lakh in Q2 FY2026, +57.6% YoY)
  • EPS (basic and diluted): ₹3.19

Half Year Ended 30.09.2026 (H1 FY2027):

  • Net sales: ₹5922.05 lakh (vs ₹4422.48 lakh in H1 FY2026, +33.9% YoY)
  • Other income: ₹167.68 lakh
  • Total income: ₹6089.73 lakh
  • Profit before tax: ₹843.48 lakh (vs ₹637.12 lakh in H1 FY2026, +32.4% YoY)
  • Tax expense: ₹159.39 lakh (Current tax: ₹224.04 lakh, Deferred tax credit: ₹(64.65) lakh)
  • Net profit: ₹684.09 lakh (vs ₹446.31 lakh in H1 FY2026, +53.3% YoY)
  • EPS (basic and diluted): ₹7.53

Comparative Annual Figures (Audited):

  • Year ended 31.03.2026: Net sales ₹9140.20 lakh, Net profit ₹910.68 lakh, EPS ₹10.03

Balance Sheet Position (as of 30.09.2026)

  • Total assets: ₹13,106 lakh (vs ₹11,984 lakh as of 31.03.2026)
  • Equity share capital: ₹908.32 lakh (face value ₹10/-)
  • Reserves: ₹8500.25 lakh (vs ₹7997.00 lakh as of 31.03.2026)
  • Non-current assets: ₹4342 lakh (Property, Plant and Equipment: ₹2649 lakh, Capital Work in Progress: ₹1318 lakh)
  • Current assets: ₹8764 lakh (Inventories: ₹2275 lakh, Trade receivables: ₹1524 lakh, Cash and cash equivalents: ₹3077 lakh)
  • Current liabilities: ₹3031 lakh (Short-term borrowings: ₹1576 lakh, Trade payables: ₹972 lakh)

Cash Flow Statement (H1 FY2027)

  • Net cash used in operating activities: ₹(440.21) lakh
  • Net cash used in investing activities: ₹(1122.48) lakh (Capital expenditure: ₹1230.76 lakh)
  • Net cash from financing activities: ₹216.81 lakh (Increase in short-term borrowings: ₹278.07 lakh)
  • Net decrease in cash and cash equivalents: ₹(1345.86) lakh
  • Opening cash balance: ₹4422.60 lakh (as of 31.03.2026)

Significant Notes and Disclosures

1. Previous year figures have been re-grouped/re-classified wherever necessary

2. Employee benefit obligations are pending ascertainment on actuarial basis

3. GST is not included in gross sales in accordance with IND-AS-18 (Revenue)

4. The results were approved by the Board of Directors at their meeting on 30.10.2026

5. The company has appointed statutory auditors for the financial year 2026-27

6. The company does not have any subsidiaries

7. The company has entered into a merger process with AVL SAP Prime Industries (Transferor Company-1) and M/s. AVL SAP Prime Industries (Transferor Company-2) with National Fittings Limited (Transferee Company) approved on 22.05.2026. The matter is pending with Hon'ble NCLT, Mumbai Bench

8. The company does not have any reportable segments as per IND AS 108 - "Operating Segments"

Capital Structure

  • Paid-up equity share capital remains unchanged at ₹908.32 lakh with face value of ₹10 per share
  • No change in share capital during the period