N R Vandana Tex FY26 net profit rises 27% to ₹1,045.94 lakh

1 min read     Updated on 29 Jun 2026, 10:05 PM
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N R Vandana Tex Industries reported a 27.3% rise in FY26 net profit to ₹1,045.94 lakh, with revenue increasing to ₹30,414.97 lakh. The board approved the audited results, and the company fully utilized its IPO proceeds of ₹2,789.10 lakh for working capital, loan repayment, and corporate purposes. Statutory auditors issued an unmodified opinion on the financial statements.

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N R Vandana Tex Industries reported a 27.3% increase in net profit to ₹1,045.94 lakh for the financial year ended March 31, 2026, compared to ₹821.31 lakh in the previous year. Revenue from operations for the year rose to ₹30,414.97 lakh from ₹27,080.25 lakh in FY25. The board approved the audited standalone and consolidated financial results for the half-year and financial year ended March 31, 2026, at a meeting held on May 29, 2026.

Financial Performance

The company’s total income for FY26 stood at ₹30,469.12 lakh, up from ₹27,110.22 lakh in the previous year. Total expenses increased to ₹29,068.36 lakh from ₹25,996.26 lakh. Profit before tax for the year was ₹1,400.77 lakh, compared to ₹1,113.96 lakh in FY25. For the half-year ended March 31, 2026, the company reported a net profit of ₹473.99 lakh on revenue of ₹17,357.45 lakh.

Key Financial Metrics (Standalone)

Particulars Year Ended March 31, 2026 (₹ in Lakhs) Year Ended March 31, 2025 (₹ in Lakhs)
Revenue from Operations 30,414.97 27,080.25
Total Income 30,469.12 27,110.22
Total Expenses 29,068.36 25,996.26
Profit Before Tax 1,400.77 1,113.96
Net Profit 1,045.94 821.31

IPO Proceeds Utilization

The company raised ₹2,789.10 lakh through its initial public offer in June 2025. As of March 31, 2026, the entire amount was utilized. ₹1,628 lakh was used for funding working capital requirements, ₹500 lakh for prepayment or repayment of loans, ₹327.58 lakh for general corporate purposes, and ₹333.52 lakh for issue-related expenses. The statutory auditors certified that the proceeds were utilized in accordance with the objects disclosed in the prospectus, with no deviations or variations.

Auditor’s Report and Compliance

J. B. S. & Company, the statutory auditors, issued an unmodified opinion on the standalone and consolidated financial results. The auditors noted that the financial results were prepared in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also declared that there were no outstanding defaults on loans or debt securities as of the reporting date.

Historical Stock Returns for N R Vandana Tex Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.14%+1.14%+0.14%+30.39%+78.84%+62.47%

How will the full utilization of IPO proceeds, particularly the working capital infusion, impact revenue growth projections for FY27?

What is the company's strategy for managing margins given the significant rise in total expenses alongside revenue growth?

With debt repayment completed using IPO funds, what are the plans for future capital allocation or dividend distribution?

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