ND Metal Industries Limited has scheduled its 40th Annual General Meeting (AGM) for September 30, 2026. The meeting will be conducted through e-voting mode starting at 1:00 pm.

The company approved its director's report for the financial year ended 2026 during a board meeting held on September 7, 2026. The Board of Directors convened at 9:30 pm and concluded proceedings by 11:00 pm.

Key Details

• AGM Date: September 30, 2026
• Time: 1:00 pm
• Mode: E-voting
• Location: Registered office (for notice purposes)

The Notice of the AGM and the Annual Report for FY25-26 will be sent electronically to members with registered email addresses. These documents will also be available on the company's website and submitted to stock exchanges in due course.

Governance Updates

The board appointed M/S Priyanka Singh & Co, Practicing Company Secretaries, as scrutinizers to oversee the e-voting process for the upcoming AGM. The disclosures were made pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

N D Metal Industries Limited reported a significant rise in profitability for the first quarter of FY27, with net profit reaching ₹14.97 lakh for the quarter ended June 30, 2026. This marks a 198% increase compared to the net profit of ₹5.03 lakh recorded in the same period of the previous fiscal year. The company’s revenue from operations also expanded to ₹8.16 lakh, up from nil in the corresponding quarter of FY25.

The surge in earnings was primarily driven by strong other income, which stood at ₹21.56 lakh in Q1FY27, compared to ₹24.71 lakh in Q1FY25. While operational revenue grew, the company incurred total expenses of ₹14.75 lakh, down from ₹19.68 lakh in the prior year quarter. Employee benefit expenses decreased to ₹6.33 lakh from ₹5.30 lakh, and other expenses fell to ₹5.11 lakh from ₹10.81 lakh. Depreciation and amortization expenses remained relatively stable at ₹3.32 lakh.

Financial Performance

The following table outlines the key financial metrics for N D Metal Industries for the quarter ended June 30, 2026:

For the full year ended March 31, 2026, the company reported a net profit of ₹14.56 lakh on revenue from operations of ₹2.32 lakh. In contrast, FY25 saw a net profit of ₹25.52 lakh on revenue of ₹5.06 lakh.

What the Numbers Show

The financial data reveals that other income is the dominant driver of the company's profitability. In Q1FY27, other income of ₹21.56 lakh accounted for approximately 72% of the total income of ₹29.72 lakh. This dependency suggests that core operational performance, while improving with positive revenue generation, contributes a smaller portion to the bottom line compared to non-operating sources. The absence of finance costs and current tax expenses in the current quarter further boosted the net profit retention.

Balance Sheet Position

As of June 30, 2026, the company’s total assets stood at ₹622.31 lakh, a decrease from ₹660.50 lakh as of March 31, 2026. Non-current assets reduced to ₹612.26 lakh from ₹632.91 lakh, largely due to a decline in other non-current assets. Current assets also contracted significantly to ₹10.05 lakh from ₹27.59 lakh, driven by a reduction in cash and cash equivalents to ₹2.10 lakh from ₹5.34 lakh and a drop in other current assets.

On the liabilities side, total equity increased to ₹328.89 lakh from ₹313.92 lakh, reflecting the addition of profits to reserves. Non-current liabilities decreased to ₹277.36 lakh from ₹323.75 lakh, primarily due to a reduction in trade payables to ₹157.97 lakh from ₹205.36 lakh. Borrowings remained unchanged at ₹49.64 lakh.

Regulatory Compliance

The Board of Directors approved the unaudited financial results during a meeting held on August 12, 2026. The meeting commenced at 5:00 pm and concluded at 5:30 pm. The disclosure was made pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Ajay Kumar Garg, Managing Director of N D Metal Industries Limited, signed the communication to the Bombay Stock Exchange Limited.

Statutory auditors Suvarna & Katdare issued a limited review report on the unaudited financial results. The audit firm stated that based on their review, nothing came to their attention to cause them to believe that the statement did not disclose the information required under Regulation 33 or contained any material misstatements.