Board Meeting Details

The Board of Directors meeting was held on 28th May 2026, commencing at 05:30 PM and concluding at 07:30 PM. The results were approved by the Board and recommended by the Audit Committee.

Financial Performance Summary

Year Ended 31st March 2026 (Audited)

  • Revenue from Operations: ₹722.26 lakhs (compared to ₹892.49 lakhs in FY25)
  • Other Income: ₹14.22 lakhs (compared to ₹5.04 lakhs in FY25)
  • Total Income: ₹736.48 lakhs (compared to ₹897.53 lakhs in FY25)
  • Total Expenses: ₹632.38 lakhs (compared to ₹801.10 lakhs in FY25)
  • Profit Before Tax: ₹104.10 lakhs (compared to ₹96.42 lakhs in FY25)
  • Tax Expense: ₹24.00 lakhs current tax (compared to ₹20.00 lakhs in FY25) and deferred tax of -₹0.74 lakhs (compared to -₹0.77 lakhs in FY25)
  • Net Profit: ₹80.84 lakhs (compared to ₹77.19 lakhs in FY25)
  • Earnings Per Share: Basic and diluted EPS of ₹2.24 (compared to ₹2.14 in FY25)

Half Year Ended 31st March 2026 (Audited)

  • Revenue from Operations: ₹308.47 lakhs
  • Other Income: ₹13.04 lakhs
  • Total Income: ₹321.51 lakhs
  • Total Expenses: ₹309.48 lakhs
  • Profit Before Tax: ₹12.04 lakhs
  • Tax Expense: ₹0.00 lakhs current tax and deferred tax of -₹0.37 lakhs
  • Net Profit: ₹12.41 lakhs
  • Earnings Per Share: Basic and diluted EPS of ₹0.34

Balance Sheet Position as at 31st March 2026

  • Total Liabilities: ₹840.62 lakhs
  • Non-current Liabilities: ₹28.58 lakhs (long-term borrowings)
  • Current Liabilities: ₹114.71 lakhs short-term borrowings, ₹25.58 lakhs trade payables, ₹71.53 lakhs other current liabilities
  • Total Assets: ₹840.62 lakhs
  • Non-current Assets: ₹47.74 lakhs property, plant and equipment, ₹0.63 lakhs intangible assets, ₹2.95 lakhs deferred tax assets, ₹194.34 lakhs other non-current assets
  • Current Assets: ₹50.21 lakhs inventories, ₹157.36 lakhs trade receivables, ₹235.88 lakhs cash and cash equivalents, ₹32.13 lakhs short-term loans and advances, ₹119.38 lakhs other current assets

Cash Flow Statement for Year Ended 31st March 2026

  • Cash from Operating Activities: ₹142.03 lakhs net cash flow
  • Cash from Investing Activities: -₹22.61 lakhs net cash used (mainly security deposits)
  • Cash from Financing Activities: -₹32.34 lakhs net cash used (repayment of borrowings and finance costs)
  • Net Increase in Cash: ₹87.08 lakhs
  • Cash at Beginning: ₹148.80 lakhs
  • Cash at End: ₹235.88 lakhs

Key Expenses Breakdown for FY26

  • Purchase of Stock-in-Trade: ₹140.57 lakhs
  • Changes in Inventories: -₹33.93 lakhs
  • Employee Benefits Expenses: ₹174.68 lakhs
  • Finance Costs: ₹8.04 lakhs
  • Depreciation and Amortization: ₹14.39 lakhs
  • Other Operating Expenses: ₹328.65 lakhs

Auditor's Report Details

The auditor, B P S D & Associates (FRN: 118251W), issued an unmodified opinion on the standalone financial results. The audit was conducted by CA Shantanu Deshmukh (Membership No. 103837).

Emphasis of Matter

The auditor drew attention to Note 7 & 18 regarding the formation of an approved Gratuity Fund for employees during the year in compliance with the Payment of Gratuity Act, 1972. The company recorded a provision of ₹23,77,762 towards gratuity for meeting future obligations toward eligible employees.

Business Context

The company is engaged in HVAC air duct cleaning for offices, hotels, convention centers, hospitals, trains, bus coaches, aircrafts, ships, buildings, and operation theatres, as well as trading of AOP machines. The company states that no segment reporting is required under AS 17 as it operates in a single business segment.

Additional Compliance Declaration

The company separately declared that the Auditor's Report on Standalone Financial Statements and results for the Half-Year and Year ended 31st March, 2026 is unmodified and without any qualification, pursuant to Regulation 33(3)(d) of SEBI LODR.

Dissemination of Results

The results are being disseminated on the company's website at https://www.nirmiteerobotics.com/financials/.