Nibe Limited reported a consolidated net profit of ₹292.3 crore for the quarter ended March 31, 2026, a significant increase from ₹76.4 crore in the corresponding period of the previous year. Revenue from operations nearly doubled to ₹2,595 crore from ₹1,125.9 crore year-on-year, driven by strong performance in the defence and aeronautics segments. The Board of Directors has recommended a dividend of ₹1.30 per equity share of face value ₹10 each for FY26, subject to shareholder approval. The company has published the audited financial results for the quarter and year ended March 31, 2026, in newspapers including 'Financial Express' and 'Navarashtra' on May 31, 2026, pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company's consolidated EBITDA surged to ₹513 crore from ₹191 crore in the same quarter last year, with the EBITDA margin expanding to 19.76% from 17%. This improvement reflects enhanced operational efficiency and cost management alongside robust top-line growth. For the full year FY26, consolidated revenue stood at ₹4,744.5 crore, while net profit attributable to owners was ₹56.3 crore.

Capital Allocation and Dividend

During the quarter, Nibe Limited raised ₹1,044.8 crore through a preferential issue of equity shares and warrants. The proceeds were utilised for repayment of existing borrowings amounting to ₹750 crore and augmenting working capital by ₹231.1 crore. The Board has recommended a dividend of ₹1.30 per share, which will be paid within 30 days of the Annual General Meeting.

Segment Performance

The Group operates primarily in the defence and aeronautics sectors. For the quarter ended March 31, 2026, the defence segment contributed ₹2,465.4 crore to revenue, while the aeronautics segment added ₹129.6 crore. Total consolidated assets as of March 31, 2026, stood at ₹6,529.6 crore, a substantial increase from ₹4,418.4 crore in the previous year.

Nibe Group inaugurated its state-of-the-art Defence Manufacturing Complex in Shirdi, Maharashtra, on May 23, 2026. The ceremony took place in the presence of Shri Rajnath Singh, Raksha Mantri, and Shri Devendra Fadnavis, Chief Minister of Maharashtra. The facility is designed as a next-generation ecosystem for advanced artillery systems, missile technologies, and autonomous defence platforms.

Key Highlights of the Complex

The integrated complex is dedicated to a wide array of defence manufacturing capabilities. Key facilities include a 155mm Ammunition Shell Manufacturing Plant with a capacity of 5 lakh shells annually. The inauguration also marked the commissioning of indigenous TNT and RDX plant technologies. Additionally, the site features a Bio-CNG & Hydrogen Fuel Plant and focuses on Space & Satellite Technologies.

Strategic Systems Unveiled

A significant highlight of the event was the flag-off of “Suryastra”, India’s first indigenous 300 KM Universal Rocket Launching System. This system symbolizes a major leap in long-range precision strike capabilities. The event also showcased the successful trials of the 100 KM Loitering Munition “Skystriker”, demonstrating the group's expanding footprint in next-generation warfare systems.

Leadership and Vision

Rajnath Singh praised Nibe Group's contribution to the 'Make in India' initiative, noting that the scale and capability will propel India into a new era of defence manufacturing. Devendra Fadnavis highlighted Maharashtra's emerging role as a major defence corridor, encompassing Pune, Nagpur, Nashik, and Ahilyanagar. Ganesh Nibe, representing the company, reiterated the commitment to Aatmanirbhar Bharat by building indigenous capabilities and reducing import dependency.

Employment and Ecosystem Impact

The Shirdi Defence Manufacturing Complex is expected to generate more than 3,000 direct employment opportunities. It aims to create a robust ecosystem for advanced defence manufacturing, innovation, and MSME collaboration in India.