Nexxus Petro Industries Limited reported a net profit of ₹639.38 lakh for the financial year ended March 31, 2026, against ₹608.78 lakh in the previous year. The board approved the audited financial results for the year and the half year ended March 31, 2026, at a meeting held on May 29, 2026, in Ahmedabad. Revenue from operations for the year stood at ₹26,107.37 lakh, compared to ₹30,493.34 lakh in FY25.

For the half year ended March 31, 2026, the company recorded a revenue of ₹12,069.26 lakh and a net profit of ₹423.90 lakh. The statutory auditors, M/s. Keyur Shah & Associates, issued an audit report with an unmodified opinion on the financial results. The board also took on record the audited financial statement for the year in accordance with the Companies Act, 2013.

Financial Performance

The company's total expenses for FY26 amounted to ₹25,419.93 lakh, lower than the ₹29,710.72 lakh reported in the previous year. Profit before tax for the year was ₹881.85 lakh, up from ₹809.40 lakh in FY25. Basic earnings per share for FY26 were ₹9.20, compared to ₹10.14 in the preceding year.

Balance Sheet Highlights

The company's total assets as of March 31, 2026, were ₹6,456.76 lakh, an increase from ₹6,053.11 lakh in the previous year. Total equity rose to ₹3,866.20 lakh from ₹3,226.79 lakh. Cash and cash equivalents decreased significantly to ₹50.34 lakh as of March 31, 2026, from ₹436.65 lakh a year earlier, primarily due to investing and financing activities.

The trading window for insider trading, which was closed since April 01, 2026, will reopen 48 hours after the declaration of the results. The intimation was submitted by Zehra Murtaza Ghadiali, Company Secretary and Compliance Officer.

Nexxus Petro Industries Limited is strategically positioned to capitalize on India's accelerating shift toward indigenous bitumen production as the country grapples with a 40% surge in international bitumen prices due to the ongoing West Asia conflict. The Gujarat-based company holds a certified technology license that places it at the forefront of the government's bio-bitumen revolution.

Strategic Market Position Amid Price Volatility

India's bitumen market is experiencing significant disruption as domestic prices have climbed from approximately ₹40,000 per tonne to ₹54,000–₹76,000 per tonne. This price surge has intensified the government's focus on reducing import dependence, creating substantial opportunities for companies with certified bio-bitumen technology.

Exclusive CSIR-Certified Technology License

Nexxus Petro Industries holds a CSIR-CRRI and CSIR-IIP certified license for manufacturing bio-bitumen under the trade name KrishiBind™. This bio-binder, derived from agricultural biomass, positions the company among only 15 companies nationwide to receive such certification from India's premier research institutions.

The technology license becomes particularly significant in light of Union Minister for Road Transport & Highways Shri Nitin Gadkari's statement at the All India Management Association leadership conclave. The minister emphasized that a blend of 30% bio-bitumen from agricultural waste, 16% rubber powder from end-of-life tyres, and 7% waste plastic could entirely eliminate India's dependence on imported bitumen.

Government Policy Alignment and Market Drivers

Several factors are converging to create favorable conditions for bio-bitumen producers:

• Policy Support: Government actively driving adoption of bio-bitumen alternatives
• Infrastructure Acceleration: Road construction programs under PM Gati Shakti and Bharatmala initiatives
• Sustainability Focus: ESG imperatives encouraging procurement of bio-based alternatives
• Import Substitution: Strategic need to reduce vulnerability to global energy price volatility

Company Profile and Capabilities

Nexxus Petro Industries Limited operates as a manufacturer, processor, importer, and distributor of high-quality bitumen, bitumen emulsions, and special bituminous allied products. The company serves infrastructure contractors, road authorities, and government agencies across India through state-of-the-art, fully automated processing facilities equipped with NABL-accredited laboratories.

With its government-certified patent license, the company is positioned to directly capture growing demand for domestically produced, import-substitute bitumen as India's road infrastructure sector undergoes this structural transformation toward bio-based alternatives.