Financial Results Overview
The Board of Directors meeting held on May 27, 2026 (11:30 AM to 12:30 PM) approved the audited financial results for Q4 FY26 and full year FY26 ended March 31, 2026.
Quarterly Performance (₹ in Lakhs)
- Net Sales/Revenue: Q4 FY26: ₹3,463.04 (vs Q4 FY25: ₹3,858.04); Q3 FY26: ₹4,025.89 (unaudited)
- Total Income: Q4 FY26: ₹3,426.05 (vs Q4 FY25: ₹3,914.83)
- Profit Before Tax: Q4 FY26: ₹255.88 (vs Q4 FY25: ₹333.65)
- Net Profit After Tax: Q4 FY26: ₹(26.09) loss (vs Q4 FY25: ₹(17.71) loss)
Annual Performance (₹ in Lakhs)
- Net Sales/Revenue: FY26: ₹14,708.69 (vs FY25: ₹15,057.38)
- Total Income: FY26: ₹15,123.50 (vs FY25: ₹15,447.84)
- Profit Before Exceptional Items & Tax: FY26: ₹1,440.77 (vs FY25: ₹1,676.57)
- Exceptional Items: FY26: ₹59.32 (statutory impact of new Labour Codes)
- Net Profit After Tax: FY26: ₹10.32 (vs FY25: ₹16.92)
Earnings Per Share
- Basic & Diluted EPS (before exceptional items): FY26: ₹21.83 (vs FY25: ₹24.14)
- Basic & Diluted EPS (after exceptional items): FY26: ₹20.67 (vs FY25: ₹24.14)
- Paid-up equity share capital: ₹257.07 lakhs (face value ₹5 per share)
Exceptional Items Detail
The company recognized an exceptional item of ₹59.32 lakh for the statutory impact of new Labour Codes notified by Government of India on November 21, 2025. This non-recurring impact primarily arises from changes in wage definition affecting gratuity provisions, based on legal opinion and ICAI guidance.
Balance Sheet Position (as of March 31, 2026, ₹ in Lakhs)
- Total Assets: ₹14,046.58 (vs FY25: ₹12,924.15)
- Non-Current Assets: ₹4,032.86 (Property, Plant & Equipment: ₹3,271.41; Capital Work-in-Progress: ₹529.74)
- Current Assets: ₹10,013.72 (Inventories: ₹2,655.73; Investments: ₹4,998.36; Trade Receivables: ₹1,988.40)
- Equity: ₹9,173.03 (Equity Share Capital: ₹257.07; Other Equity: ₹8,915.96)
- Non-Current Liabilities: ₹667.12 (Financial Borrowings: ₹391.03; Deferred Tax Liabilities: ₹223.45)
- Current Liabilities: ₹4,206.43 (Borrowings: ₹999.82; Trade Payables: ₹2,167.07)
Cash Flow Statement (FY26, ₹ in Lakhs)
- Net Cash from Operating Activities: ₹934.77
- Net Cash from Investing Activities: ₹(1,339.64) (Purchase of Fixed Assets: ₹1,072.83)
- Net Cash from Financing Activities: ₹407.89 (Increase in Borrowings: ₹641.07; Interest Paid: ₹78.95; Dividend Paid: ₹154.24)
- Net Change in Cash: ₹3.01
- Closing Cash & Equivalents: ₹12.15
Delisting Process Update
The promoter/promoter group entities have made initial public announcement for voluntary delisting under SEBI Delisting Regulations. Board has approved the proposal, including floor price and postal ballot notice. Shareholders have approved the delisting. Applications for in-principle approval are pending with stock exchanges. Company continues to comply with SEBI LODR regulations during the process.
Compliance Declaration
Company submitted declaration that statutory auditors have provided unmodified opinion on FY26 financial results as required under Regulation 33(3)(d) of SEBI LODR Regulations.
Additional Information
- Company engaged in manufacture of Alloy Steel Castings with no separate reportable segments
- Financial results prepared in accordance with Companies Act, 2013
- Previous period figures regrouped/recasted where necessary
- Results available on company website www.nitincastings.com