Nidhi Granites FY26 consolidated net profit rises to ₹767.77 lakh
Nidhi Granites reported a consolidated net profit of ₹767.77 lakh for FY26, up from ₹191.85 lakh in the previous year, with total revenue from operations rising to ₹6,520.44 lakh. The Board approved the audited financial results and the re-appointment of statutory auditors and two independent directors for five years.

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Nidhi Granites reported a consolidated net profit of ₹767.77 lakh for the financial year ended March 31, 2026, a significant increase from ₹191.85 lakh in the previous year. Total revenue from operations rose to ₹6,520.44 lakh for FY26, up from ₹4,527.76 lakh in FY25. The company's Board approved the standalone and consolidated audited financial results for the period on May 29, 2026.
Consolidated Financial Performance
The company's consolidated total income for FY26 stood at ₹6,548.73 lakh, compared to ₹4,733.05 lakh in the previous year. For the quarter ended March 31, 2026, the net profit was ₹193.96 lakh, while revenue from operations was ₹1,666.22 lakh. Total expenses for the year increased to ₹5,473.57 lakh from ₹4,480.30 lakh in the prior year.
| Metric | FY26 (₹ in Lakhs) | FY25 (₹ in Lakhs) |
|---|---|---|
| Total Revenue from Operations | 6,520.44 | 4,527.76 |
| Total Income | 6,548.73 | 4,733.05 |
| Total Expenses | 5,473.57 | 4,480.30 |
| Net Profit for the Period | 767.77 | 191.85 |
| Basic EPS | 9.60 | 2.39 |
Standalone Results
On a standalone basis, the company reported a net loss of ₹126.56 lakh for FY26, compared to a net profit of ₹101.32 lakh in FY25. Total revenue from operations for the standalone entity was ₹17.34 lakh for the year ended March 31, 2026. The standalone results reflect the company's shift in focus towards its subsidiaries and new business segments.
Board Approvals and Appointments
The Board approved the re-appointment of M/s. Jogin Raval & Associates, Chartered Accountants, as statutory auditors for a term of five years, subject to shareholder approval. Additionally, the Board re-appointed Mr. Amit Sinkar and Mr. Amit Patankar as Non-Executive & Independent Directors for a term of five years effective from June 15, 2026.
Operational Updates
During the year, the company acquired Paynov8 Private Limited, formerly known as Auro Fintech Private Limited, which contributed to the financial results. The group also divested its stake in Fine Papyrus Private Limited, a step-down subsidiary, on March 16, 2026. The company identified four reportable business segments, including a new Financial Technology and related services segment.
Historical Stock Returns for Nidhi Granites
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.08% | +17.81% | +26.67% | +2.96% | +126.13% | +1,155.26% |
How will the integration of Paynov8 Private Limited influence the company's revenue streams in the coming fiscal year?
What is the strategic rationale behind the shift in focus from standalone operations to subsidiaries and new business segments?
What growth targets has the company set for its newly established Financial Technology and related services segment?


































