NDR Auto Components Limited reported its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at a Board of Directors meeting held on May 11, 2026. Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the results were subsequently published in Financial Express (English) and Jansatta (Hindi) on May 12, 2026. The company posted steady growth across key metrics on a year-on-year basis, while the Board also approved several significant corporate actions including a dividend recommendation, business restructuring via slump sales, and re-appointment of key directors.

Q4 & Full Year Standalone Financial Performance

On a standalone basis, revenue from operations for the quarter ended March 31, 2026 stood at Rs. 22,906.85 lakhs, compared to Rs. 19,204.26 lakhs in the same quarter of the previous year. Standalone net profit for the quarter came in at Rs. 1,555.32 lakhs, up from Rs. 1,288.59 lakhs year-on-year. For the full year ended March 31, 2026, standalone revenue from operations was Rs. 82,253.80 lakhs versus Rs. 71,277.91 lakhs in the prior year, while net profit rose to Rs. 5,304.94 lakhs from Rs. 4,508.38 lakhs. Basic and diluted earnings per share (EPS) for the full year stood at Rs. 22.30, compared to Rs. 18.95 in the previous year.

The following table summarises the key standalone financial metrics:

Standalone Balance Sheet Highlights

As at March 31, 2026, total standalone assets stood at Rs. 46,215.33 lakhs, up from Rs. 42,405.68 lakhs a year earlier. Total equity increased to Rs. 28,706.45 lakhs from Rs. 24,049.22 lakhs. Non-current assets grew to Rs. 28,291.09 lakhs from Rs. 21,063.71 lakhs, driven primarily by an increase in property, plant and equipment to Rs. 20,125.26 lakhs from Rs. 12,413.36 lakhs. Cash and cash equivalents on a standalone basis stood at Rs. 1,333.58 lakhs as at March 31, 2026, compared to Rs. 5,080.06 lakhs in the prior year.

Standalone Cash Flow Summary

For the year ended March 31, 2026, net cash flows from operating activities on a standalone basis stood at Rs. 3,750.44 lakhs, compared to Rs. 8,382.33 lakhs in the prior year. Net cash used in investing activities was Rs. 6,144.74 lakhs, reflecting capital expenditure of Rs. 6,154.32 lakhs on property, plant and equipment. Net cash used in financing activities was Rs. 1,352.18 lakhs, which included dividend paid of Rs. 648.33 lakhs. The net decrease in cash and cash equivalents for the year was Rs. 3,746.48 lakhs.

Consolidated Financial Performance

On a consolidated basis, which includes the company's subsidiaries, associate, and joint ventures, revenue from operations for the quarter ended March 31, 2026 was Rs. 22,906.85 lakhs, with consolidated net profit at Rs. 1,845.23 lakhs compared to Rs. 1,639.28 lakhs in the year-ago quarter. For the full year, consolidated net profit rose to Rs. 6,194.45 lakhs from Rs. 5,325.79 lakhs. The consolidated results include the share of profit from associate Bharat Seats Limited at Rs. 1,194.25 lakhs for the full year. Consolidated basic and diluted EPS for the full year stood at Rs. 26.04, up from Rs. 22.39.

Consolidated Balance Sheet Highlights

On a consolidated basis, total assets as at March 31, 2026 stood at Rs. 56,301.97 lakhs, compared to Rs. 48,587.44 lakhs in the prior year. Total consolidated equity rose to Rs. 35,771.87 lakhs from Rs. 30,230.98 lakhs. Investments accounted for using the equity method increased to Rs. 8,252.15 lakhs from Rs. 6,346.76 lakhs, reflecting the growing contribution of associate and joint venture entities. Consolidated cash and cash equivalents stood at Rs. 1,510.28 lakhs as at March 31, 2026.

Consolidated Cash Flow Summary

For the year ended March 31, 2026, net cash used in operating activities on a consolidated basis was Rs. 5,451.60 lakhs, compared to net cash flows from operating activities of Rs. 970.32 lakhs in the prior year. Net cash used in investing activities was Rs. 5,921.25 lakhs, which included capital expenditure of Rs. 7,343.96 lakhs. Net cash used in financing activities was Rs. 1,360.68 lakhs, including dividend paid of Rs. 648.33 lakhs. The net decrease in consolidated cash and cash equivalents for the year was Rs. 3,569.78 lakhs.

An exceptional item of Rs. 64.75 lakhs was recognised in both standalone and consolidated financial statements for the year ended March 31, 2026, on account of the implementation of the New Labour Codes effective November 21, 2025, covering gratuity and compensated absences.

Dividend, AGM, and Director Re-Appointments

The Board recommended a final dividend of 40% i.e. Rs. 4 per equity share of face value Rs. 10 each, aggregating to Rs. 951.41 lakhs, subject to shareholder approval at the ensuing Annual General Meeting. The record date for the dividend has been set as July 20, 2026, and the dividend shall be paid within 30 days of declaration. The Board also approved holding the 7th Annual General Meeting on Monday, July 27, 2026, through Video Conferencing (VC) or Other Audio Visual Means (OAVM).

The Board further approved, subject to shareholder approval, the re-appointment of three Whole-time Directors:

Business Restructuring: Slump Sales and Investment

The Board approved two significant business restructuring transactions via slump sale, aimed at driving operational efficiencies and creating a more agile corporate structure. The Seat Trim business related to certain models is proposed to be transferred to wholly owned subsidiary NDR Auto Components South Private Limited (NACSPL), with a proposed transaction value of Rs. 9.48 crore and an expected completion date of May 29, 2026. This business contributed revenue from operations of Rs. 11.51 crore (1.4%) during the last financial year.

Separately, the Sunshade Manufacturing Business is proposed to be transferred to joint venture NDR Hayashi Automotive India Private Limited (NHAI), with a proposed transaction value of Rs. 9.44 crore and an expected completion date of June 1, 2026. This business contributed revenue from operations of Rs. 23.12 crore (2.81%) during the last financial year. Both transactions are related party transactions conducted on an arm's length basis. The Board also approved an investment of Rs. 6 crores in the equity shares of NDR Hayashi Automotive India Private Limited by subscribing to its Rights Issue of sixty lakh equity shares of face value Rs. 10 each, to meet future working capital requirements and fund the company's projects.

About NDR Auto Components Limited

NDR Auto Components Limited (NACL), a flagship company of the Rohit Relan Group, was incorporated in March 2019. The company manufactures seating solutions, including frames and trims for four-wheeler and two-wheeler vehicles, as well as Body in White (BIW) parts. NACL supplies seating arrangements to Relan Group Company – Bharat Seats, which is a key supplier to leading companies including Maruti Suzuki India Ltd and Suzuki Motorcycles. The consolidated financial results include the company, 2 subsidiary companies, 1 associate company, and 3 joint venture companies. The financial results were audited by statutory auditors M/s S.R. Batliboi & Co., LLP, Chartered Accountants, who issued an unmodified opinion.

NDR Auto Components Limited has disclosed a substantial acquisition by Rohit Relan Family Trust, which acquired 73.13% equity shares under a SEBI exemption order. The disclosure was made on April 28, 2026, pursuant to Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Substantial Acquisition Details

Rohit Relan Family Trust acquired a significant stake in NDR Auto Components Limited during the financial year 2025-26. The acquisition was conducted under SEBI exemption order no. WTM/KCV/CFD/02/2025-26 dated August 13, 2025, issued under Regulation 11(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Regulatory Compliance and Certification

As per the SEBI exemption order requirements, Rohit Relan Family Trust obtained a compliance certificate dated April 16, 2026, from an independent auditor. The trust is required to get compliance status certified annually and furnish the certificate to stock exchanges for public disclosure, with a copy endorsed to SEBI.

Trust Information

Rohit Relan Family Trust is based at 25, Sardar Patel Marg, Chanakyapuri, New Delhi - 110021. Rohit Relan serves as the Managing Trustee of the trust and can be contacted at rohit@rrelan.com .

Company Information

NDR Auto Components Limited is incorporated with CIN L29304DL2019PLC347460 and maintains its registered office at Level-5, Regus Caddie Commercial Tower, Hospitality District Aerocity, IGI Airport, New Delhi. The company trades on BSE with scrip code 543214 and on NSE with the symbol NDRAUTO. Executive Director and Company Secretary Rajat Bhandari signed the regulatory disclosure to both stock exchanges.