N.B.I. Industrial Finance Company Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The board of directors, at its meeting held on May 13, 2026, approved the results and recommended a dividend of ₹0.75 per equity share for the financial year 2025-26, up from ₹0.50 per share in the previous year. The board has also decided to convene the Annual General Meeting (AGM) on Friday, August 21, 2026, at 11:00 A.M. at 21, Strand Road, Top Floor, Kolkata.

Financial Performance

The company delivered a strong full-year performance, with total income rising to ₹1,985.81 lakh from ₹1,399.03 lakh in the previous year. Profit after tax for the year grew to ₹1,242.93 lakh compared to ₹848.50 lakh in the prior year. Total expenses remained broadly stable at ₹316.14 lakh versus ₹313.42 lakh previously, while profit before tax rose to ₹1,669.67 lakh from ₹1,085.61 lakh. The basic and diluted earnings per share (EPS) for the year increased to ₹42.06 from ₹28.72 in the previous year.

The following table summarises the full-year and quarterly financial results:

Revenue from operations for the full year comprised dividend income of ₹1,746.96 lakh (previous year: ₹1,304.19 lakh), net gain on fair value changes of ₹231.10 lakh (previous year: ₹79.72 lakh), and interest income of ₹7.69 lakh (previous year: ₹9.40 lakh).

Balance Sheet Highlights

The company's total assets stood at ₹2,72,584.09 lakh as at March 31, 2026, compared to ₹3,51,345.68 lakh in the previous year. The decline was primarily driven by a reduction in investments, which stood at ₹2,72,291.63 lakh versus ₹3,51,218.49 lakh previously, reflecting changes in the fair valuation of equity instruments. Total equity as at March 31, 2026 was ₹2,63,835.27 lakh, comprising equity share capital of ₹147.74 lakh and other equity of ₹2,63,687.53 lakh.

Cash Flow and Other Comprehensive Income

The company generated net cash of ₹600.62 lakh from operating activities during the year, compared to ₹496.76 lakh in the previous year. Net cash used in investing activities was ₹522.38 lakh, primarily on account of investment purchases of ₹40,115.88 lakh, partially offset by investment sales of ₹39,680.47 lakh. Net cash used in financing activities was ₹14.77 lakh, representing dividends paid. Cash and cash equivalents at the end of the year stood at ₹88.24 lakh, up from ₹24.77 lakh at the beginning of the year.

Other comprehensive income (OCI) for the full year was negative at ₹68,199.45 lakh, driven largely by changes in the fair valuation of equity instruments of ₹79,597.25 lakh (loss), partially offset by a deferred tax credit of ₹11,397.32 lakh. Total comprehensive income for the year was negative at ₹66,956.52 lakh, compared to a positive ₹42,735.12 lakh in the previous year.

Dividend Declaration and AGM

The board has recommended a dividend of 15%, or ₹0.75 per equity share of ₹5 each, for the financial year 2025-26, up from ₹0.50 (10%) per share in the previous year. The dividend is subject to shareholder approval at the AGM scheduled for August 21, 2026. Upon approval, the payout will be made to eligible shareholders within 30 days from the date of the AGM.

Corporate Governance

The statutory auditors, R Kothari & Co LLP, provided an unmodified opinion on the audited financial results for the year ended March 31, 2026. The company confirmed that it has no subsidiaries, joint ventures, or associate companies as of March 31, 2026, following the sale of its investment in Shree Cement Marketing Limited during the quarter ended March 31, 2026, with effect from March 6, 2026. As the company operates solely in the non-banking financial activity segment, no separate segment reporting is required under Ind AS 108. The financial results were reviewed by the Audit Committee and approved by the board at their respective meetings held on May 13, 2026.