Neelkanth Rock-Minerals reports FY26 net profit of ₹22.72 lakh
Neelkanth Rock-Minerals Limited reported a net profit of ₹22.72 lakh for the financial year ended March 31, 2026, up from ₹19.55 lakh in the previous year. Total income decreased to ₹64.41 lakh from ₹66.43 lakh, driven entirely by other income as revenue from operations was zero. The board approved the audited results on May 30, 2026, with the statutory auditors issuing an unmodified opinion.

*this image is generated using AI for illustrative purposes only.
Neelkanth Rock-Minerals Limited reported a net profit of ₹22.72 lakh for the financial year ended March 31, 2026, an increase from ₹19.55 lakh in the previous year. The company's board approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026. The statutory auditors issued an unmodified opinion on the results.
Total income for the year stood at ₹64.41 lakh, compared to ₹66.43 lakh in FY25. The company reported zero revenue from operations, with total income derived entirely from other income, primarily interest on loans. Total expenses for the year decreased to ₹32.76 lakh from ₹40.30 lakh in the prior year. Earnings per share (EPS) for the year improved to ₹0.45 from ₹0.39 in the previous year.
For the quarter ended March 31, 2026, the company posted a net profit of ₹23.81 lakh, compared to ₹37.01 lakh in the corresponding quarter of the previous year. Total income for the quarter was ₹53.76 lakh, while total expenses amounted to ₹21.99 lakh.
The board also approved the Auditor's Report on the audited financial results and a declaration pursuant to Regulation 33(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. The meeting was conducted pursuant to Regulation 30 and 33 of the SEBI Listing Regulations.
Financial Highlights for FY26
| Particulars | Year Ended 31.03.2026 (₹ in Lakhs) | Year Ended 31.03.2025 (₹ in Lakhs) |
|---|---|---|
| Total Income | 64.41 | 66.43 |
| Total Expenses | 32.76 | 40.30 |
| Net Profit | 22.72 | 19.55 |
| EPS (Basic) | 0.45 | 0.39 |
The financial results were reviewed by the audit committee and taken on record by the board. The company stated that although a major portion of its income is earned from interest on loans, the outstanding loans are less than 50% of total assets, and thus it does not meet the criteria for registration as a Non-Banking Financial Company (NBFC).
Historical Stock Returns for Neelkanth Rockminerals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.96% | +16.40% | +14.18% | +32.89% | +55.73% | +195.31% |
With zero revenue from operations, what are the company's strategic plans to resume active business activities?
How sustainable is the current income model reliant on interest income given the decline in total income year-over-year?
Will the company seek to reduce its loan portfolio further to maintain its status as a non-NBFC entity?


































