Nahar Industrial Enterprises has scheduled its 42nd Annual General Meeting for Tuesday, September 29, 2026. The meeting will be held via video conferencing at 11:45 am to transact business for the financial year 2025-26.

Meeting Logistics and Voting

The company confirmed that the AGM will take place without physical presence of members, complying with Section 96 of the Companies Act, 2013. Notices along with the Annual Report have been dispatched to registered email addresses. Physical copies were sent via courier to members who have not registered email IDs.

Remote e-voting facilities are provided by CDSL. The voting window opens on September 26, 2026, at 9:00 am and closes on September 28, 2026, at 5:00 pm. Eligibility for voting is determined as of September 22, 2026.

Book Closure Details

Pursuant to Section 91 of the Companies Act, 2013, the Register of Members and Share Transfer books will remain closed from Wednesday, September 23, 2026, to Tuesday, September 29, 2026. This period serves as the annual book closure.

Nahar Industrial Enterprises reported a substantial improvement in profitability for the first quarter, with net profit rising to ₹253 million compared to ₹40 million in the corresponding period of the previous fiscal year, a YoY increase of over 500%. Alongside the sharp bottom-line expansion, EBITDA climbed to ₹288 million from ₹152 million YoY, with the EBITDA margin widening significantly to 9.09% from 3.91%, pointing to meaningful operational efficiency gains during the quarter.

Revenue for the quarter stood at ₹3.17 billion, down from ₹3.9 billion recorded in the same quarter last year. The divergence between declining revenue and surging profit and margin metrics underscores a notable improvement in cost management and operating leverage.

Financial highlights

The table below captures the key financial metrics for the quarter against the prior year period.

What the numbers show

The most striking feature of the quarter is the inverse relationship between revenue and profitability metrics. While topline sales contracted, net profit expanded more than six-fold and the EBITDA margin more than doubled. The EBITDA margin expansion from 3.91% to 9.09% indicates that operating costs fell at a faster pace than revenue, resulting in a disproportionate improvement in operating earnings. The combination of higher EBITDA and a sharply higher net profit relative to the prior year period reflects a quarter where cost efficiencies played a central role in driving shareholder value despite softer sales volumes.