N D Metal Industries Limited reported a net profit of ₹14.56 lakh for the financial year ended March 31, 2026, a decline from ₹25.51 lakh in the previous year. Revenue from operations fell to ₹2.32 lakh from ₹5.06 lakh in FY25, primarily driven by lower sales. The company's total income for the year stood at ₹97.50 lakh, compared to ₹140.96 lakh in the prior year. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026. The statutory auditors, Suvarna & Katdare, issued an unmodified opinion on the results. Additionally, the Board appointed Sweeti Shaifali and Associates as the secretarial auditor for the year 2026-2027.

Financial Performance

The following table presents the key financial metrics for the quarter and year ended March 31, 2026, compared with the corresponding prior periods. All figures are in ₹ Lakhs.

For the quarter ended March 31, 2026, the company reported a profit of ₹3.66 lakh, a decrease from ₹10.88 lakh in the same quarter of the previous year. Revenue from operations for the quarter was ₹2.32 lakh, up from ₹0.77 lakh in the corresponding period last year. Other income, however, declined significantly to ₹24.76 lakh from ₹62.37 lakh in Q4 FY25.

Expenses and Cost Structure

The company's total expenses for the year were ₹82.41 lakh, a reduction from ₹115.12 lakh in FY25. Employee benefits expenses decreased to ₹28.40 lakh from ₹45.37 lakh, while other expenses fell to ₹37.36 lakh from ₹52.19 lakh. Depreciation and amortization expenses increased marginally to ₹14.41 lakh from ₹14.29 lakh.

Balance Sheet and Cash Flows

The company's total assets as of March 31, 2026, stood at ₹660.50 lakh, a decrease from ₹1,088.58 lakh in the previous year. Equity share capital remained unchanged at ₹248.00 lakh, while other equity increased to ₹65.92 lakh from ₹51.35 lakh. Total non-current liabilities decreased to ₹323.75 lakh from ₹758.26 lakh. Cash and cash equivalents at the end of the year were ₹5.34 lakh, a sharp decline from ₹104.56 lakh in the previous year. The net cash generated from operating activities was negative at ₹95.53 lakh, compared to a positive inflow of ₹103.19 lakh in FY25. The company utilized ₹3.71 lakh in investing activities during the year.

Compliance and Governance

The audited quarterly and yearly financial results were prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013, and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on May 30, 2026. The full format of the audited financial results is available on the websites of the stock exchanges and on the company's website at www.ndmil.com . The face value per share stands at Rs. 10, and equity share capital remained unchanged at ₹248.00 lakh across all reported periods.

ND Metal Industries Limited, a manufacturer of non-ferrous metals, has officially informed the Bombay Stock Exchange (BSE) that it does not qualify as a Large Corporate under the Securities and Exchange Board of India (SEBI) regulations. The company made this clarification through a formal communication dated April 09, 2026, addressing its compliance status with specific SEBI guidelines.

Regulatory Compliance Clarification

The company's notification specifically references SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which outlines the criteria for Large Corporate classification. ND Metal Industries Limited has confirmed that it does not fulfill the criteria mentioned in Para 2.2 of this circular.

Disclosure Requirements Impact

As a result of not meeting the Large Corporate criteria, ND Metal Industries Limited has stated that the requirement for submission of Initial and Annual disclosures under the referenced SEBI circular is not applicable to the company. This clarification helps establish the company's regulatory obligations and compliance framework going forward.

Management Communication

The formal communication to BSE was signed by Ajay Kumar Garg, Managing Director of ND Metal Industries Limited, bearing DIN: 00088977. The company has requested BSE to take this information on record, ensuring proper documentation of its compliance status with regard to Large Corporate classification requirements.

This disclosure demonstrates the company's commitment to maintaining transparency with regulatory authorities and ensuring proper compliance with applicable SEBI guidelines and circulars.