Nidhi Granites FY26 consolidated net profit rises to ₹767.77 lakh

1 min read     Updated on 29 May 2026, 06:47 PM
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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 Day5 Days1 Month6 Months1 Year5 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?

Nidhi Granites board to meet on May 29 for FY26 results

1 min read     Updated on 20 May 2026, 02:13 PM
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AI Summary

Nidhi Granites Limited will hold a board meeting on May 29, 2026, to approve the audited financial results for the fourth quarter and financial year ended March 31, 2026. The trading window for designated persons has been closed since January 1, 2026, and will reopen 48 hours after the results announcement.

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Nidhi Granites Limited has announced that its board of directors will meet on Friday, May 29, 2026. The primary agenda of the meeting is to consider and approve the standalone and consolidated audited financial results of the company for the fourth quarter and financial year ended on March 31, 2026.

Board Meeting Agenda

The meeting has been convened pursuant to Regulation 29 read with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board will deliberate upon the financial performance of the company for the specified periods.

Trading Window Closure

In continuation of a previous intimation dated March 27, 2026, the company has stated that the trading window for dealing in securities of the company remains closed. This closure applies to designated persons and those to whom the Insider Trading Code is applicable. The window has been shut since Thursday, January 1, 2026, and will remain closed until 48 hours after the announcement of the audited financial results. This measure is in line with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code for Prevention of Insider Trading in Securities.

Event Date
Board Meeting May 29, 2026
Financial Year End March 31, 2026
Trading Window Closure January 1, 2026

Historical Stock Returns for Nidhi Granites

1 Day5 Days1 Month6 Months1 Year5 Years
+4.08%+17.81%+26.67%+2.96%+126.13%+1,155.26%

How might Nidhi Granites Limited's FY2026 financial results compare to industry peers in the granite and natural stone sector, given current infrastructure and construction market trends?

What potential dividend announcements or capital allocation decisions could the board consider alongside the approval of the audited financial results on May 29, 2026?

How could the prolonged trading window closure since January 1, 2026 impact retail investor sentiment and trading volumes in Nidhi Granites Limited's stock once the window reopens?

More News on Nidhi Granites

1 Year Returns:+126.13%