De Neers Tools Limited has announced its financial results for the fiscal year ended March 31, 2026, reporting a significant improvement in profitability and operational efficiency. The company delivered a strong recovery in the second half of the year, overcoming weather-led disruptions experienced in the initial months.

Financial Performance

Consolidated revenue for FY26 grew 23.0% year-on-year to ₹1,780.3 Mn. This growth was supported by improved dispatches and deeper market penetration, particularly in H2FY26, where revenue surged 40.5% to ₹1,056.8 Mn. Profitability metrics saw substantial expansion, with EBITDA increasing 50.0% to ₹387.3 Mn and Profit After Tax (PAT) rising 60.5%.

The EBITDA margin improved to 21.8% from 17.8% in the previous fiscal year, reflecting better realizations and operating leverage benefits. For the half-year ended March 31, 2026 (H2), EBITDA jumped 106.6% to ₹241.0 Mn, with the margin expanding by 730 basis points to 22.8%.

Consolidated Financial Highlights (FY26)

Operational Expansion

The company expanded its operational footprint during the year, growing its dealer network to 352 and increasing OEM relationships to 66 customers. The Stock Keeping Unit (SKU) portfolio was expanded to over 9,500 products, reinforcing its position as a comprehensive solutions provider across industrial and automotive segments.

Strategic Initiatives

De Neers Tools announced a Joint Venture for manufacturing, marketing, and dealing in tools, bits, sockets, and allied products. This strategic move aims to achieve selective backward integration and strengthen long-term manufacturing capabilities. The proposed entity, DNSJV Private Limited, will see De Neers holding a 51% majority stake.

Additionally, the company is evaluating entry into the power tools category to expand its addressable market. Management remains focused on scaling specialized tool categories and strengthening its position as a quality-focused branded tools platform.

De Neers Tools Limited has announced the receipt of a significant order for the supply of 35,000 electrician tool kits from Polycab India Limited, a well-established brand in India's wires and home electrical appliances industry. The company made this disclosure through an intimation filing dated 07th May 2026, signed by Managing Director Neeraj Kumar Aggarwal.

Order Details

The key parameters of the order are summarised below:

Order Background and Significance

According to the company's filing, the order was awarded to De Neers Tools Limited on account of its high standards of product quality, reliability, and competitive pricing, reflecting strong customer confidence in the company's capabilities. Polycab India Limited is described in the filing as a leading and well-established brand in India's wires and home electrical appliances industry.

The company stated that this order marks an important milestone, further strengthening its association with a reputed industry leader and reinforcing its growing presence in the professional tools segment.

Business Impact

De Neers Tools Limited noted that the order is expected to have a positive impact on the company's revenues and overall business outlook. The filing was addressed to the Listing Department of the National Stock Exchange of India Limited and was submitted in compliance with Regulation 30 disclosure requirements.

De Neers Tools Limited is headquartered and operates its factory at 468, F.I.E, Patparganj Industrial Area, Delhi - 110 092.