Narmadesh Brass FY26 profit falls 30% despite revenue rise

1 min read     Updated on 26 May 2026, 02:08 AM
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Narmadesh Brass Industries Limited reported a 30% decline in net profit to ₹355.13 lakh for FY26, despite revenue rising 10.4% to ₹9,722.60 lakh. The board approved the audited standalone results on May 25, 2026, which showed a net loss of ₹76.42 lakh for the half-year ended March 31, 2026. Total expenses increased to ₹9,322.58 lakh for the full year.

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Narmadesh Brass Industries Limited reported a net profit of ₹355.13 lakh for the financial year ended March 31, 2026, a decline of 30% from ₹506.71 lakh in the previous year. Despite the drop in profit, revenue from operations increased 10.4% to ₹9,722.60 lakh from ₹8,805.01 lakh in FY25. The board of directors approved the audited standalone financial results for the half-year and year ended March 31, 2026, at a meeting held on May 25, 2026.

Financial Performance

The company recorded a total revenue of ₹9,722.60 lakh for FY26, up from ₹8,805.01 lakh in the previous year. Total expenses for the year stood at ₹9,322.58 lakh, compared to ₹8,098.52 lakh in FY25. For the half-year ended March 31, 2026, the company reported a net loss of ₹76.42 lakh, while revenue was ₹6,300.51 lakh.

Period Revenue (₹ in lakh) Net Profit/Loss (₹ in lakh)
Year ended March 31, 2026 9,722.60 355.13
Year ended March 31, 2025 8,805.01 506.71
Half Year ended March 31, 2026 6,300.51 (76.42)

Board Meeting and Trading Window

The board meeting commenced at 08:00 P.M. and concluded at 09:00 P.M. on May 25, 2026. The trading window for dealing in the company's securities, which was closed in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, will reopen 48 hours after the conclusion of the board meeting.

Auditor's Report

D G M S & Co., Chartered Accountants, audited the standalone financial results and issued an unmodified opinion. The report confirms that the results give a true and fair view of the net profit and other financial information for the half-year and year ended March 31, 2026, in conformity with the applicable accounting standards.

Historical Stock Returns for Narmadesh Brass Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+4.75%+18.66%+56.10%-13.88%-13.88%-13.88%

What specific factors drove the 15% increase in expenses despite the revenue growth?

Will the company implement cost-cutting measures to reverse the profit decline in the coming fiscal year?

How does management plan to address the volatility indicated by the H1 loss and H2 recovery?

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Narmadesh Brass Industries Confirms Non-Applicability of SEBI Large Corporate Framework for FY27

1 min read     Updated on 13 Apr 2026, 07:51 PM
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Narmadesh Brass Industries Limited has disclosed to BSE that it does not qualify under SEBI's Large Corporate framework for FY27, as per the criteria in SEBI Circular dated October 19, 2023. The company confirmed its exemption status as of March 31, 2026, meaning it is not required to file disclosures under the Large Corporate framework. The disclosure was formally authorized by Director Ronak Hitesh Dudhagara on April 13, 2026.

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Narmadesh brass industries Limited has officially notified BSE Limited that it does not qualify under the Large Corporate category framework established by SEBI for Financial Year 2026-27. The company made this disclosure on April 13, 2026, confirming its regulatory status and compliance obligations.

Regulatory Framework Details

The disclosure pertains to SEBI's Large Corporate framework as outlined in multiple regulatory circulars. The primary reference is SEBI Circular SEBI/HO/DDHS/DDHS-RACPODI/P/CIR/2023/172 dated October 19, 2023, which establishes the criteria for Large Corporate categorization.

Parameter Details
Applicable Framework SEBI Large Corporate Framework
Primary Circular SEBI/HO/DDHS/DDHS-RACPODI/P/CIR/2023/172
Circular Date October 19, 2023
Assessment Date March 31, 2026
Financial Year 2026-27

Company's Compliance Status

As of March 31, 2026, Narmadesh Brass Industries Limited confirmed that it does not meet the applicability criteria mentioned in Clause 3.2 of the relevant SEBI circular. This determination exempts the company from filing specific disclosures required under the Large Corporate framework.

The company's assessment is based on the criteria established in the SEBI operational circular, which was originally issued as SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, and subsequently updated on April 13, 2022, before being revised through the October 2023 circular.

Disclosure Authorization

The formal disclosure was authorized and signed by Ronak Hitesh Dudhagara, serving as Director of the company. The digital signature was applied on April 13, 2026, at 13:21:58 +05'30', confirming the authenticity of the regulatory communication.

Authorization Details Information
Signatory Ronak Hitesh Dudhagara
Designation Director
DIN 05238631
Signature Date April 13, 2026
Signature Time 13:21:58 +05'30'

This disclosure ensures transparency regarding the company's regulatory obligations and confirms its compliance status with SEBI's Large Corporate framework requirements for the upcoming financial year.

Historical Stock Returns for Narmadesh Brass Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+4.75%+18.66%+56.10%-13.88%-13.88%-13.88%

What revenue or asset thresholds might Narmadesh Brass Industries need to cross to qualify as a Large Corporate in future years?

How could the company's exemption from Large Corporate disclosure requirements affect its access to capital markets or investor perception?

Will Narmadesh Brass Industries' growth strategy be influenced by staying below the Large Corporate framework thresholds?

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