Nidhi Granites Limited reported a consolidated net profit of ₹767.77 lakh for the financial year ended March 31, 2026, a significant rise from ₹191.85 lakh in the previous year. The company's revenue from operations grew to ₹6,520.44 lakh from ₹4,527.75 lakh in FY25, driven largely by the inclusion of Paynov8 Private Limited, which became a wholly-owned subsidiary effective April 1, 2025. The standalone financial results, however, showed a net loss of ₹126.56 lakh for the year, compared to a profit of ₹101.32 lakh in the prior year, primarily due to fair value losses on financial investments.

Consolidated Financial Performance

The group's total comprehensive income for the year stood at ₹766.94 lakh. The financial technology segment contributed ₹1,722.81 lakh in revenue, while the paper and paperboard segment reported revenue of ₹4,780.24 lakh. The company's earnings per share (EPS) on a consolidated basis improved to ₹9.60 from ₹2.40 in the previous year. The board of directors has recommended that no dividend be declared for the current financial year.

Operational Highlights and Corporate Actions

During the year, the company acquired 100% of the equity share capital of Paynov8 Private Limited for a consideration of ₹60.57 lakh. Conversely, its subsidiary SPNP Paper and Pack Private Limited divested its entire shareholding in Fine Papyrus Private Limited, which ceased to be a step-down subsidiary effective March 16, 2026. The company also shifted its registered office to Malad West, Mumbai, effective April 1, 2026.

Board Proposals and Appointments

The board has approved the re-appointment of M/s. Jogin Raval & Associates, Chartered Accountants, as statutory auditors for a term of five years. Additionally, the board seeks shareholder approval for the re-appointment of Amit Sinkar and Amit Patankar as Non-Executive Independent Directors for a second term of five years each. Darpan Shah has been re-appointed as Managing Director for a further term of five years commencing February 13, 2026. The company has also fixed July 15, 2026, as the record date to determine shareholder eligibility for voting at the 44th Annual General Meeting scheduled for July 22, 2026.

Nidhi Granites disclosed that its promoters have acquired 300 equity shares through open market purchases. The transaction involved key personnel including the Managing Director, Chief Financial Officer, and a Director, signaling confidence in the company's prospects.

The intimation regarding the purchase was submitted to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing detailed the specific number of shares acquired by each promoter.

Breakdown of Share Purchases

The following table outlines the equity shares acquired by the promoters:

The company requested the exchange to disseminate this information under the “Corporate Announcement” section on its website. The filing was digitally signed by Company Secretary Krinisha Sanghvi on June 25, 2026.