NG Industries net profit falls 78% in FY26 to ₹173.4 crore
- Net profit fell 78% YoY to ₹173.38 crore in FY26
- Revenue from operations remained stable at ₹1,639.48 crore
- Other income dropped sharply to ₹102.95 crore from ₹800.06 crore
- Board recommends a dividend of ₹3.50 per equity share
- Record date for dividend and voting fixed as September 19, 2026
*this image is generated using AI for illustrative purposes only.
NG Industries reported a net profit of ₹173.38 crore for FY26, down from ₹773.95 crore in the previous year. The decline was driven by a significant drop in other income rather than core operations.
Revenue from operations remained relatively stable at ₹1,639.48 crore, compared to ₹1,654.69 crore in FY25. However, other income fell sharply to ₹102.95 crore from ₹800.06 crore in the prior year. This reduction in non-operating gains was the primary factor behind the contraction in overall profitability.
Financial Performance
The company's operational expenses saw mixed trends. Employee benefits expense rose to ₹249.30 crore from ₹217.44 crore. Conversely, other expenses decreased to ₹783.60 crore from ₹829.13 crore. Depreciation charges were slightly lower at ₹59.38 crore versus ₹61.26 crore in FY25.
| Metric | FY26 (₹ crore) | FY25 (₹ crore) |
|---|---|---|
| Revenue from Operations | 1,639.48 | 1,654.69 |
| Other Income | 102.95 | 800.06 |
| Net Profit After Tax | 173.38 | 773.95 |
Dividend and AGM Details
The Board of Directors recommended a dividend of ₹3.50 per equity share of face value ₹10 each for FY26. This recommendation is subject to shareholder approval at the upcoming Annual General Meeting.
NG Industries has fixed September 19, 2026, as the record date for determining eligibility for the dividend and for reckoning voting rights. The 32nd AGM is scheduled for September 26, 2026.
What the Numbers Show
While core revenue stability suggests steady patient inflow or service utilization, the drastic fall in net profit highlights the company's reliance on investment returns or other non-operating income in previous periods. With other income contributing just 6% of total income in FY26 compared to 33% in FY25, the bottom line is now more reflective of actual healthcare service margins.
Voting Schedule
Shareholders can cast their votes via remote e-voting during the specified window leading up to the meeting.
| Event | Date | Time |
|---|---|---|
| Record Date | September 19, 2026 | All Day |
| E-voting Start | September 23, 2026 | 9:00 am |
| E-voting End | September 25, 2026 | 5:00 pm |
| AGM Date | September 26, 2026 | N/A |
Regulatory Compliance
The disclosure was submitted to the Bombay Stock Exchange and the Calcutta Stock Exchange on August 31, 2026. Bratati Bhattacharya, Company Secretary & Compliance Officer, signed the notice. The announcement is made pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE825C01018/42732acc-c855-45d7-bb4f-c184315f1587.pdf
Historical Stock Returns for NG Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.97% | -0.73% | -0.13% | -8.19% | -26.89% | +112.88% |
How will the normalization of net profit margins, now stripped of significant non-operating gains, impact NG Industries' valuation multiples and investor sentiment?
What specific strategies is management implementing to offset the rising employee benefit expenses while maintaining stable revenue from operations?
Will the reduction in other income signal a strategic shift in how NG Industries manages its investment portfolio or treasury operations in future fiscal years?
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