N G Industries returns to profit, recommends Rs 3.50 dividend

1 min read     Updated on 15 Jun 2026, 04:50 PM
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Reviewed by
Anirudha BScanX News Team
AI Summary

N G Industries reported a net profit of ₹173.38 lakh for FY26, reversing the previous year's loss of ₹243.41 lakh. The Board recommended a final dividend of ₹3.50 per share, with the record date set for September 19, 2026.

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N G Industries returned to profitability in the financial year ended March 31, 2026, reporting a net profit of ₹173.38 lakh compared to a loss of ₹243.41 lakh in the prior year. The company’s Board recommended a final dividend of ₹3.50 per equity share, aggregating ₹1,17,26,750, subject to shareholder approval at the Annual General Meeting scheduled for September 26, 2026.

The Board approved the audited standalone financial results for the quarter and year ended March 31, 2026. Statutory Auditor M/s M.R. Singhwi & Co. issued an unmodified opinion on the financial results. For the quarter ended March 31, 2026, the company reported a net profit of ₹68.77 lakh, a significant turnaround from the net loss of ₹243.41 lakh recorded in the corresponding quarter of the previous year.

Total income from operations for the full year stood at ₹1,742.43 lakh, a decrease from ₹2,454.75 lakh in FY25. The decline was primarily driven by a sharp drop in other income, which fell to ₹102.95 lakh from ₹800.07 lakh in the previous year. Net sales for the year were ₹1,639.48 lakh, slightly lower than the ₹1,654.68 lakh reported in the prior year.

Total expenses for FY26 were ₹1,527.80 lakh, marginally lower than the ₹1,540.57 lakh incurred in the previous year. Employee benefits expense increased to ₹249.30 lakh from ₹217.44 lakh, while finance costs rose to ₹7.26 lakh from ₹4.38 lakh. The company’s basic earnings per share (EPS) for the year improved to ₹5.17 from a negative ₹7.26 in the previous year.

The Board fixed September 19, 2026, as the record date to determine shareholder eligibility for the dividend payment. The paid-up equity share capital remained unchanged at ₹335.05 lakh with a face value of ₹10 per share. Reserves excluding revaluation reserves stood at ₹3,021.17 lakh as of March 31, 2026, down from ₹3,516.80 lakh in the previous year.

Financial Performance Summary

Particulars Year Ended 31.03.2026 (Audited) Year Ended 31.03.2025 (Audited)
Total Income from operations 1,742.43 2,454.75
Net Sales / Income from Operations 1,639.48 1,654.68
Other Income 102.95 800.07
Total Expenses 1,527.80 1,540.57
Profit for the period 173.38 (243.41)
Basic EPS (₹) 5.17 (7.26)

Historical Stock Returns for NG Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.80%-3.49%-1.75%-20.38%-25.90%+129.01%

How does the company plan to sustain profitability given the significant decline in other income?

What strategic initiatives will be implemented to reverse the slight dip in net sales?

Will the company continue to prioritize dividend payouts or focus on rebuilding reserves?

N G Industries fixes record date for dividend payment

2 min read     Updated on 01 Jun 2026, 06:21 PM
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Reviewed by
Jubin VScanX News Team
AI Summary

N G Industries Limited has fixed September 19, 2026, as the record date for a final dividend of ₹3.50 per share, subject to shareholder approval at the AGM on September 26, 2026. The company reported a net profit of ₹173.38 lakh for FY26, a decline from the previous year, while Q4FY26 saw a profit of ₹68.77 lakh against a loss in the prior year. The audited standalone financial results were published in The Financial Express and Arthik Lipi on May 30, 2026.

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N G Industries Limited has fixed September 19, 2026, as the record date to determine shareholder entitlement for the final dividend of ₹3.50 per equity share for the financial year ended March 31, 2026. The company’s Register of Members will remain closed from September 20, 2026, to September 26, 2026, for the purpose of dividend payment and the 32nd Annual General Meeting (AGM). The AGM is scheduled for September 26, 2026, where the dividend declaration will be subject to shareholder approval.

The Board of Directors approved the audited standalone financial results at its meeting held on May 28, 2026. The company reported a net profit of ₹173.38 lakh for FY26, a decrease from ₹773.95 lakh in the previous year. Total income from operations for the year stood at ₹1,742.43 lakh, compared to ₹2,454.75 lakh in FY25. For the quarter ended March 31, 2026, the company recorded a net profit of ₹68.77 lakh, reversing from a loss of ₹243.41 lakh in the corresponding quarter of the previous year.

Pursuant to Regulation 47 and Regulation 30 read with Schedule III Part A Para A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published the audited standalone financial results for the quarter and year ended March 31, 2026, in “The Financial Express” (English all editions) and “Arthik Lipi” (Bengali Kolkata edition) on May 30, 2026.

M/s M.R. Singhwi & Co., Chartered Accountants, the statutory auditor of the company, issued an unmodified opinion on the financial results. The auditor's review confirmed that the financial statements were prepared in accordance with Indian Accounting Standard 34 and complied with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance for FY26

Particulars Year Ended 31.03.2026 (Audited) Year Ended 31.03.2025 (Audited)
Total Income from operations 1,742.43 2,454.75
Total Expenses 1,527.80 1,540.57
Profit before tax 214.63 914.18
Net Profit 173.38 773.95
Earnings Per Share (Basic) 5.17 23.10

Key Metrics for Q4FY26

Particulars Quarter Ended 31.03.2026 (Audited) Quarter Ended 31.03.2025 (Audited)
Total Income from operations 458.46 128.68
Total Expenses 389.35 410.82
Profit before tax 69.11 (282.14)
Net Profit 68.77 (243.41)

The company's total assets as of March 31, 2026, stood at ₹3,546.60 lakh, a decrease from ₹4,162.25 lakh in the previous year. Equity and liabilities totaled ₹3,546.60 lakh, with total equity at ₹3,356.22 lakh.

Historical Stock Returns for NG Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.80%-3.49%-1.75%-20.38%-25.90%+129.01%

What strategic initiatives will N G Industries implement to reverse the significant year-over-year decline in total income from operations?

Will the strong recovery in Q4FY26 net profit be sustained into the next fiscal year, and what factors drove this turnaround?

How will the reduction in total assets impact the company's operational capacity and future growth plans?

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