Niraj Ispat FY26 net profit rises 21.6% to ₹162.44 crore

2 min read     Updated on 26 May 2026, 05:02 AM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

Niraj Ispat Industries Limited reported a 21.6% rise in net profit to ₹162.44 crore for FY26, supported by higher other income and lower expenses, despite a dip in revenue. The board approved the audited results on May 25, 2026, with statutory auditors confirming compliance with SEBI regulations.

powered bylight_fuzz_icon
41297526

*this image is generated using AI for illustrative purposes only.

niraj ispat industries reported a 21.6% rise in net profit to ₹162.44 crore for the financial year ended March 31, 2026, driven by higher other income, even as revenue from operations declined. The company’s board approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 25, 2026. Statutory auditors Sanjeev Anand & Associates reviewed the results and expressed an unmodified opinion, confirming compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Revenue from operations for FY26 stood at ₹362.19 crore, a decrease from ₹371.59 crore in the previous year. However, total income rose to ₹508.21 crore from ₹477.88 crore in FY25, primarily due to a significant increase in other income, which surged to ₹146.02 crore from ₹106.29 crore. Total expenses for the year were contained at ₹288.48 crore compared to ₹299.53 crore in the prior year, aiding profitability.

For the quarter ended March 31, 2026, the company recorded a net profit of ₹38.97 crore, up from ₹29.98 crore in the corresponding period of the previous year. Revenue from operations for the quarter was ₹89.29 crore, while other income contributed ₹38.40 crore. Earnings per share (EPS) for the full year improved to ₹27.07 from ₹22.26 in FY25.

The balance sheet as of March 31, 2026, showed total assets of ₹2,167.05 crore, an increase from ₹2,010.11 crore a year earlier. Equity share capital remained unchanged at ₹60.00 crore, while total equity grew to ₹1,593.00 crore from ₹1,430.56 crore. Non-current liabilities increased to ₹438.19 crore from ₹429.10 crore, whereas current liabilities decreased to ₹135.87 crore from ₹150.45 crore.

Cash flow from operating activities resulted in a net outflow of ₹141.25 crore for FY26, compared to an outflow of ₹412.26 crore in the previous year. Net cash used in investing activities was ₹142.78 crore, while financing activities resulted in a net outflow of ₹3.26 crore. The financial results were prepared in accordance with Indian Accounting Standards (Ind-AS) and reviewed by the audit committee prior to board approval.

Financial Performance for FY26

Particulars Year ended 31-Mar-26 (₹ in Lakhs) Year ended 31-Mar-25 (₹ in Lakhs)
Revenue from Operations 362.19 371.59
Other Income (Net) 146.02 106.29
Total Income 508.21 477.88
Total Expenses 288.48 299.53
Profit before tax 219.73 178.35
Net profit for the period 162.44 133.57
Earnings per share (Basic) 27.07 22.26

Historical Stock Returns for Niraj Ispat Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+4.47%+7.47%-3.63%+7.07%-16.87%+27.93%

How sustainable is the surge in other income given the decline in core revenue from operations?

What specific capital allocation strategies will the company employ given the net cash outflow from operating activities?

Will the company focus on reversing the trend of declining operational revenue in the coming fiscal year?

like15
dislike

Niraj Ispat Industries Submits SDD Compliance Certificate for FY Ended March 31, 2026

2 min read     Updated on 19 May 2026, 12:47 PM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

Niraj Ispat Industries Limited submitted its SDD Compliance Certificate to the NSE on May 15, 2026, for the financial year ended March 31, 2026, as required under SEBI (Prohibition of Insider Trading) Regulations, 2015. The certificate, issued by Practising Company Secretary Vivek Kumar of V Kumar and Associates, confirmed that the company's Structured Digital Database was compliant, non-tamperable, and capable of retaining records for 8 years. The company successfully captured two required events during the year, and no non-compliances were reported for the period.

powered bylight_fuzz_icon
40720649

*this image is generated using AI for illustrative purposes only.

Niraj Ispat Industries Limited has filed its annual Structured Digital Database (SDD) Compliance Certificate with the National Stock Exchange of India, covering the financial year ended March 31, 2026. The submission was made on May 15, 2026, pursuant to Regulation 3(5) and 3(6) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations). The filing was signed by Chaitanya Chaudhry, Director cum CEO of the company, on behalf of Niraj Ispat Industries Limited.

Compliance Certificate Details

The compliance certificate was issued by Vivek Kumar, Practising Company Secretary at V Kumar and Associates, New Delhi, and is dated May 14, 2026. The certificate confirms that the company has fulfilled all prescribed requirements related to the maintenance of its Structured Digital Database for the year ended March 31, 2026.

The following key compliance points were certified:

  • The company has a Structured Digital Database in place.
  • Access controls exist to regulate who can access the SDD.
  • All Unpublished Price Sensitive Information (UPSI) disseminated during the previous quarter or year has been captured in the database.
  • The system has captured the nature of UPSI along with the date and time of each entry.
  • The database has been maintained internally with an audit trail.
  • The database is non-tamperable and has the capability to maintain records for 8 years.

Event Capture and Non-Compliance Status

The certifying company secretary confirmed that Niraj Ispat Industries was required to capture two events during the year ended March 31, 2026, and has successfully captured both required events. No non-compliances were observed during the previous quarter or financial year.

Parameter: Details
Certificate Date: May 14, 2026
Filing Date: May 15, 2026
Financial Year: Ended March 31, 2026
Certifying Authority: Vivek Kumar, Practising Company Secretary
Firm: V Kumar and Associates, New Delhi
Membership No.: F8976
COP No.: 10438
UDIN: F008976H000363473
Required Events Captured: Two
Non-Compliances Reported: None

Regulatory Framework

The submission is in accordance with the annual compliance requirement under the SEBI (Prohibition of Insider Trading) Regulations, 2015, which mandates listed companies to maintain a Structured Digital Database for recording details of persons with whom UPSI is shared. The filing was directed to the Manager at the NSE Corporate Office, Exchange Plaza, Bandra Kurla Complex, Mumbai.

Historical Stock Returns for Niraj Ispat Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+4.47%+7.47%-3.63%+7.07%-16.87%+27.93%

How might Niraj Ispat Industries' consistent SDD compliance record influence investor confidence and institutional interest in the company's stock going forward?

With only two UPSI events captured during FY2026, what potential corporate actions or material developments could increase the frequency of such events in the coming financial year?

As SEBI continues to tighten insider trading regulations, how might future amendments to the PIT Regulations 2015 impact the compliance burden for mid-sized steel companies like Niraj Ispat Industries?

like16
dislike

More News on Niraj Ispat Industries

1 Year Returns:-16.87%