Narendra Properties Reports Audited FY26 Results, Recommends Dividend

Narendra Properties Limited announced its audited financial results for the year ended March 31, 2026, following a Board meeting held on April 30, 2026. The company reported a net profit of ₹197.32 lakhs for the fiscal year, a substantial increase from ₹92.35 lakhs recorded in the previous year. Total income from operations rose to ₹988.68 lakhs in FY26, compared to ₹902.27 lakhs in FY25, driven by other income of ₹350.84 lakhs against ₹166.18 lakhs in the prior year.

For the quarter ended March 31, 2026, the company reported total income of ₹107.44 lakhs and a net profit of ₹0.69 lakhs after tax. Revenue from operations for the quarter stood at ₹0.00, while other income contributed ₹107.44 lakhs. The company's paid-up equity share capital remained constant at ₹710.64 lakhs with a face value of ₹10 per share throughout the reporting periods.

Financial Performance Summary

Particulars	Year Ended 31-Mar-26 (₹ Lakhs)	Year Ended 31-Mar-25 (₹ Lakhs)
Total Income From Operations	988.68	902.27
Total Expenses	723.47	778.73
Net Profit Before Tax	265.21	123.54
Net Profit After Tax	197.32	92.35
Basic Earnings Per Share	2.78	1.30

The Board of Directors recommended a final dividend of ₹1 per equity share, constituting 10% of the fully paid-up value of ₹10 per share. This dividend is subject to approval by shareholders at the 31st Annual General Meeting tentatively scheduled for September 29, 2026. The company will separately intimate the book closure and record dates to the stock exchange.

Balance Sheet Position

As of March 31, 2026, the company's total assets stood at ₹3,907.53 lakhs, compared to ₹3,792.76 lakhs in the previous year. Total equity increased to ₹3,887.88 lakhs from ₹3,761.62 lakhs, while total liabilities decreased to ₹19.65 lakhs from ₹31.14 lakhs. Current assets amounted to ₹3,157.87 lakhs, with inventories at ₹1,058.19 lakhs and cash and cash equivalents at ₹106.33 lakhs.

The statutory auditors, M/s Sanjiv Shah & Associates LLP, issued an unmodified opinion on the audited financial statements for the year ended March 31, 2026. The company operates primarily in the construction and property development segment and has no separate reportable segments. Additionally, the company disclosed pending receivables of ₹70 lakhs for which recovery proceedings are already in process.

Cash Flow Statement

Particulars	Year Ended 31-Mar-26 (₹ Lakhs)	Year Ended 31-Mar-25 (₹ Lakhs)
Net cash from operating activities	354.09	751.66
Net cash used in investing activities	(195.02)	(942.76)
Net cash used in financing activities	(71.17)	(71.16)
Net increase in cash and cash equivalents	87.90	(262.26)
Cash and cash equivalents at year-end	106.33	18.43

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.52%	-1.54%	-1.90%	-12.66%	-2.22%	+153.24%

Narendra Properties Limited has submitted its quarterly compliance certificate to the Bombay Stock Exchange under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The filing demonstrates the company's adherence to regulatory requirements for dematerialization processes.

Regulatory Compliance Certificate

The certificate confirms that securities received for dematerialization have been processed in accordance with SEBI regulations. The company verified that all security certificates were properly mutilated and cancelled after due verification, with depository names substituted in records as registered owners within the stipulated timeframe.

Parameter:	Details
Reporting Period:	Quarter ended March 31, 2026
Regulation:	SEBI (Depositories and Participants) Regulations, 2018 - Section 74(5)
Filing Date:	April 10, 2026
Exchange:	Bombay Stock Exchange Limited

RTA Certification

Cameo Corporate Services Limited, serving as the company's Registrar and Share Transfer Agent, provided supporting certification dated April 6, 2026. The RTA confirmed that securities received from depository participants for dematerialization during the quarter were properly processed and confirmed to depositories.

The certification process included:

Confirmation of securities received for dematerialization
Proper acceptance or rejection procedures to depositories
Verification that securities are listed on relevant stock exchanges
Mutilation and cancellation of physical certificates after verification
Substitution of depository names in the register of members

Management Authorization

The compliance certificate was signed by Chirag N Maher, Managing Director of Narendra Properties Limited (DIN: 00078373), confirming the company's commitment to regulatory compliance. The filing was addressed to the Corporate Relationship Department of the Bombay Stock Exchange.

Company Details

Narendra Properties Limited operates from its registered office at Makanji House, 2nd Floor, #49 (Old 25) Barnaby Road, Kilpauk, Chennai - 600 010. The company maintains its regulatory obligations through systematic compliance with SEBI depositories and participants regulations, ensuring proper handling of dematerialization processes for investor securities.