Nahar Spinning Mills reported a 76.7% increase in net profit to ₹2181.93 lakhs for the financial year ended March 31, 2026, driven by reduced finance costs and improved operational efficiency. The company's revenue from operations for the year stood at ₹321792.38 lakhs, while total income from operations was ₹323311.25 lakhs. The Board of Directors has recommended a dividend of ₹1.00 per equity share, equivalent to 20%, subject to shareholder approval at the ensuing Annual General Meeting.

Q4 Performance Overview

For the quarter ended March 31, 2026, Nahar Spinning Mills posted a net profit of ₹2341.72 lakhs, compared to ₹2241.37 lakhs in the same period last year. Revenue for the quarter grew to ₹91681.65 lakhs from ₹87559.54 lakhs in the corresponding quarter of the previous year. However, the company's Q4 EBITDA declined to ₹590M rupees from ₹662M rupees year-on-year, with the EBITDA margin contracting to 6.43% from 7.60% in the same period last year. The statutory auditors, M/s. Gupta Vigg & Co., issued an unmodified opinion on the standalone financial results.

The table below summarises key Q4 metrics:

Full-Year Financial Performance

The company's total expenses for the year decreased to ₹320616.36 lakhs from ₹329253.41 lakhs in the previous year. Finance costs reduced significantly to ₹5438.75 lakhs from ₹7420.13 lakhs, contributing to the improved bottom line. Earnings per share (EPS) for the year rose to ₹6.92 from ₹3.09 in the prior year. The full-year financial highlights are presented below:

Dividend Declaration

The Board recommended a dividend of ₹1.00 per equity share of ₹5 each for the financial year 2025-26. This dividend is subject to the approval of shareholders at the company's Annual General Meeting. The paid-up equity share capital of the company remains at ₹1803.27 lakhs.

Balance Sheet Highlights

The company's total assets as of March 31, 2026, stood at ₹269321.75 lakhs, slightly lower than ₹274977.02 lakhs in the previous year. Total equity increased to ₹151211.80 lakhs from ₹148936.45 lakhs. Current liabilities decreased to ₹95726.07 lakhs from ₹103853.00 lakhs, indicating improved working capital management.

Nahar Spinning Mills Ltd. has scheduled a meeting of its Board of Directors for Thursday, May 28, 2026. The meeting will be held at 3.00 pm at the company's Registered Office to discuss key financial agenda items.

Agenda for the Meeting

The primary purpose of the meeting is to consider and approve the standalone audited financial results for the quarter and year ended March 31, 2026. The board will also deliberate on the standalone audited financial statements for the full financial year ending March 31, 2026.

Furthermore, the directors will consider recommending a dividend, if any, on the equity share capital of the company for the financial year ended March 31, 2026.

Trading Window Closure

In compliance with regulatory norms, the company has informed the exchanges that the trading window for dealing in the securities of the company remains closed. The closure period began on April 1, 2026, and will continue until the expiry of 48 hours after the declaration of the audited financial results.

Meeting Details