Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and Year ended March 31, 2026 (Q4 FY26)
Nature of Filing / Announcement: Outcome of Board Meeting pursuant to Regulation 30 and 33 of SEBI LODR Regulations
Date of Board Meeting / Approval: May 29, 2026 (commenced at 5:20 p.m., concluded at 5:58 p.m.)
Audit Opinion: Unmodified opinion (clean) on both standalone and consolidated financial results
Auditor’s Comment: No qualifications or modifications affecting earnings quality, internal controls, or going concern
Key Financial Highlights [Amounts in ₹ Lakhs]
Standalone Results:
Revenue from Operations (FY26): ₹41,671.34 lakhs
Total Income (FY26): ₹42,182.44 lakhs
Net Profit (FY26): ₹1,712.94 lakhs (vs. ₹688.00 lakhs in FY25)
EPS (FY26): Basic ₹11.82, Diluted ₹10.37 (vs. Basic ₹4.81, Diluted ₹4.74 in FY25)
Other Equity (FY26): ₹33,797.21 lakhs (vs. ₹21,064.97 lakhs in FY25)
Cash and Cash Equivalents (FY26): ₹2,172.51 lakhs
Debt: Not separately specified in standalone results
Consolidated Results:
Revenue from Operations (FY26): ₹47,444.76 lakhs
Total Income (FY26): ₹47,836.68 lakhs
Net Profit (FY26): ₹2,757.63 lakhs (vs. ₹872.90 lakhs in FY25)
Net Profit Attribution:
- Owners: ₹2,923.47 lakhs
- Non-Controlling Interest (NCI): (₹165.84) lakhs
EPS (FY26): Basic ₹3.88, Diluted ₹3.41 (vs. Basic ₹6.11, Diluted ₹6.02 in FY25)
Other Equity (FY26): ₹33,345.66 lakhs (vs. ₹21,768.82 lakhs in FY25)
Cash and Cash Equivalents (FY26): ₹2,462.35 lakhs
Debt (Borrowings):
- Non-current: ₹5,396.03 lakhs
- Current: ₹5,324.77 lakhs
- Total: ₹10,720.80 lakhs
Segment-wise Performance:
The Group operates in two segments:
1. Defence Sector: Fabrication, machining of components, manufacturing, selling, and maintaining various defense and electronic systems
2. Aeronautics Sector: Operations related to aircraft and aerospace equipment
Segment Revenue (Q4 FY26):
- Defence: ₹25,950.40 lakhs
- Aeronautics: ₹4,240.15 lakhs
- Less: Inter-segment revenue: ₹1,296.00 lakhs
- Total: ₹28,894.55 lakhs
Segment Results (Q4 FY26):
- Defence: ₹3,710.64 lakhs profit
- Aeronautics: (₹529.51) lakhs loss
- Total: ₹3,181.13 lakhs profit
Segment Assets (FY26):
- Defence: ₹62,094.42 lakhs
- Aeronautics: ₹3,201.50 lakhs
- Total: ₹65,295.92 lakhs
Segment Liabilities (FY26):
- Defence: ₹25,454.97 lakhs
- Aeronautics: ₹4,240.85 lakhs
- Total: ₹29,695.82 lakhs
Corporate Actions:
Dividend: Recommended a dividend of ₹1.30 per equity share (face value ₹10 each) for FY26, subject to approval at the ensuing Annual General Meeting (AGM). If approved, will be paid within 30 days from the AGM date.
Capital Raising:
- During Q4 FY26, raised ₹10,447.69 lakhs through preferential issue of 4,40,000 equity shares at ₹1,258 per share (₹5,535.20 lakhs) and 15,62,000 share warrants at ₹314.50 per warrant (25% of ₹1,258, totaling ₹4,912.49 lakhs)
- ₹9,810.66 lakhs utilized during the year, ₹637.03 lakhs remaining in separate bank account
Utilization of Preferential Issue Proceeds:
- Repayment of existing borrowing: ₹7,500.00 lakhs
- Augment working capital needs: ₹2,310.66 lakhs
- Total utilized: ₹9,810.66 lakhs
Other Significant Information:
Subsidiaries: The consolidation includes six subsidiaries and one step-down subsidiary:
- Nibe Automobile Limited (94.02% ownership)
- Nibe Defence and Aerospace Limited (60.30% ownership)
- Karmayogi Manufacturing Private Limited (51.00% ownership)
- Nibe Meson Naval Limited (Subsidiary)
- Nibe Technologies Private Limited (99.50% ownership)
- Nibe Space Private Limited (100.00% ownership)
- Nibe Aeronautics Limited (76.00% ownership through Nibe Defence & Aerospace Limited) [Disinvested on April 9, 2026]
Share Capital Changes: During FY26, allotted 2,04,705 equity shares of face value ₹10 each at ₹510 per share (including ₹500 premium) on receipt of balance warrant amount of ₹783.00 lakhs
Labour Codes: No material impact from enactment of New Labour Codes, 2025 on financial results
Segment Reporting: Segment reporting applicable from quarter ended June 30, 2025 due to addition of Aeronautics segment