Neil Industries Limited held its Board of Directors meeting on October 12, 2026, which commenced at 02:00 PM IST and concluded at 04:00 PM IST at the Corporate Office in Kanpur. The meeting was conducted pursuant to Regulation 30 read with Regulation 33 and Para A(4) of Part A of Schedule II of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Results Approval

The Board approved the Unaudited Financial Results for the quarter and half year ended September 30, 2026, as reviewed and recommended by the Audit Committee. The results were prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013.

Key Financial Performance (Amounts in ₹ Lakhs)

Quarter Ended September 30, 2026:

  • Total Income: ₹110.32 lakhs
  • Dividend Income: ₹101.73 lakhs
  • Net Gain on Fair Value Changes: ₹2.99 lakhs
  • Sale of Shares: ₹5.60 lakhs
  • Expenses: ₹33.26 lakhs
  • Employee Benefit Expense: ₹5.91 lakhs
  • Finance Cost: ₹13.01 lakhs
  • Depreciation: ₹9.64 lakhs
  • Fees and Commission Expense: ₹1.00 lakh
  • Other Expenses: ₹3.70 lakhs
  • Profit Before Tax: ₹77.06 lakhs
  • Tax Expense: ₹17.25 lakhs (Current Tax only)
  • Net Profit for the Quarter: ₹59.81 lakhs
  • Earnings Per Share (Basic and Diluted): ₹0.31

Half Year Ended September 30, 2026:

  • Total Income: ₹210.64 lakhs
  • Profit Before Tax: ₹132.38 lakhs
  • Tax Expense: ₹31.18 lakhs
  • Net Profit for Half Year: ₹101.20 lakhs
  • Earnings Per Share (Basic and Diluted): ₹0.52

Comparative Performance

YoY Quarter Comparison (Q2 FY27 vs Q2 FY26):

  • Total Income increased from ₹99.82 lakhs to ₹110.32 lakhs
  • Net Profit increased from ₹48.87 lakhs to ₹59.81 lakhs
  • EPS increased from ₹0.25 to ₹0.31

Sequential Quarter Comparison (Q2 FY27 vs Q1 FY27):

  • Total Income increased from ₹100.32 lakhs to ₹110.32 lakhs
  • Net Profit increased from ₹41.40 lakhs to ₹59.81 lakhs
  • EPS increased from ₹0.21 to ₹0.31

Balance Sheet Position (as of September 30, 2026)

  • Total Assets: ₹6,633.16 lakhs
  • Financial Assets:
  • Cash & Cash Equivalents: ₹0.90 lakhs
  • Bank Balance: ₹2.12 lakhs
  • Loans: ₹3,476.79 lakhs
  • Investments: ₹1,791.37 lakhs
  • Non-Financial Assets:
  • Current Assets: ₹104.57 lakhs
  • Investment Property: ₹984.70 lakhs
  • Property, Plant and Equipment: ₹27.53 lakhs
  • Total Equity: ₹6,108.09 lakhs
  • Equity Share Capital: ₹1,955.32 lakhs (Face Value ₹10 per share)
  • Other Equity: ₹4,152.77 lakhs
  • Total Liabilities: ₹525.07 lakhs
  • Borrowings: ₹436.69 lakhs
  • Other Financial Liabilities: ₹11.00 lakhs
  • Provisions: ₹75.66 lakhs

Cash Flow Statement (Half Year Ended September 30, 2026)

  • Net Cash from Operations: ₹134.23 lakhs
  • Net Cash from Investing Activities: ₹20.06 lakhs
  • Net Cash from Financing Activities: ₹-176.79 lakhs
  • Net Decrease in Cash: ₹-22.50 lakhs

Business Segment Information

The Company is a Non-Banking Financial Company (NBFC) with no separate reportable segments as per Ind AS 108.

Investor Complaints

  • Complaints Pending: Nil
  • Complaints Received during half year: Nil
  • Complaints Resolved during half year: Nil
  • Complaints Pending as at September 30, 2026: Nil

Auditor Review

The Statutory Auditors, M/s. R P Khandelwal & Associates, carried out a limited review of the financial results and issued an unqualified report dated October 12, 2026, stating that nothing has come to their attention that causes them to believe that the financial results contain any material misstatement.

Publication

The financial results will be published in newspapers in accordance with Regulation 47 of the Listing Regulations and are available on the company's website at www.neil.co.in.