Niraj Cement Structurals has reported its audited financial results for the quarter and financial year ended March 31, 2026. The board approved the results during its meeting held on Thursday, May 21, 2026. For the full year, the company recorded a net profit of ₹2,160.21 lakh, a 41.8% increase from ₹1,522.29 lakh in the previous year. Revenue from operations for FY26 stood at ₹55,523.66 lakh, compared to ₹51,326.63 lakh in FY25.

Financial Performance

The company's standalone financial results for the quarter ended March 31, 2026, show a net profit of ₹522.59 lakh, down from ₹814.44 lakh in the same period last year. Revenue for the quarter decreased to ₹14,116.98 lakh from ₹16,909.17 lakh in Q4 FY25. Total income for the year rose to ₹55,523.66 lakh from ₹51,326.63 lakh in the previous year. Earnings per share (EPS) for the year increased to ₹3.62 from ₹2.55.

Board Decisions

Alongside the financial results, the board approved the re-appointment of M/s. Sanjay K. Lodha & Associates as Internal Auditor and M/s. P.K. Verma & Co. as Cost Auditor for the financial year 2026-27. Additionally, the board approved the re-appointment of Mr. Partha Sarathi Raut as a Non-Executive Independent Director for a second term of five consecutive years, effective from July 2, 2026, to July 1, 2031, subject to shareholder approval via postal ballot.

Auditor's Report

The statutory auditors, Chaturvedi Sohan & Co., issued an unmodified opinion on the audited financial results. The report highlighted emphasis of matter points regarding ongoing GST proceedings and the provision for Expected Credit Loss (ECL). The company has deposited ₹108.40 lakh under protest regarding the GST demand and recovered ₹162.93 lakh during the year from the ECL provision made in the prior year.

Niraj Cement Structurals Limited has officially communicated to stock exchanges regarding its status under SEBI's Large Corporate framework for debt securities fund raising. The company submitted its confirmation on April 24, 2026, addressing the regulatory requirements outlined in recent SEBI circulars.

Regulatory Framework Clarification

The company's notification specifically references SEBI Circular No. SEBI/HO/DDHS-ACPOD1/P/CIR/2023/172 dated October 19, 2023, which established the framework for "Fund raising by issuance of Debt Securities by Large Entities." The communication confirms that Niraj Cement Structurals Limited does not meet the Large Corporate criteria as defined in Para 3.2 of the aforementioned circular.

Compliance and Disclosure Obligations

As a result of not qualifying as a Large Corporate entity, the company is exempt from submitting initial disclosure requirements in format 'Annex-XIIB' as specified in SEBI Master Circular No. SEBI/HO/DDHS/PoD1/P/CIR/2024/54 dated May 22, 2024. This exemption relieves the company from certain regulatory disclosure obligations that apply specifically to Large Corporate entities under the SEBI framework.

Future Compliance Commitment

The company has provided assurance regarding future compliance, stating that if it meets the prescribed Large Corporate criteria in any future financial year, it will duly inform the stock exchanges and comply with all applicable requirements prescribed for Large Corporate entities. This commitment demonstrates the company's proactive approach to regulatory compliance and transparency.

Stock Exchange Communication

The formal communication was addressed to both major Indian stock exchanges where the company's securities are listed. The notification was sent to BSE Limited (Scrip Code: 532986) and National Stock Exchange of India Limited (Scrip Symbol: NIRAJ), ensuring comprehensive disclosure to all relevant regulatory bodies and market participants.

The communication was signed by Anil Anant Jha, Company Secretary & Compliance Officer (ACS No.: 66063), confirming the official nature of the disclosure and the company's commitment to maintaining proper corporate governance standards.