Promoter Vaidehi Chaudhary has confirmed that she holds no encumbered or pledged shares in niraj ispat industries as of March 31, 2026. This disclosure, relevant to shareholder monitoring of promoter leverage, was submitted to the National Stock Exchange on April 03, 2026.

In a filing pursuant to Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Chaudhary declared that no encumbrance was made over the company's shares directly or indirectly during the financial year ended March 31, 2026. The statement applies to Chaudhary and persons acting in concert with her.

The disclosure explicitly states that the number of encumbered or pledged shares by the promoter is Nil as of the specified date. This confirmation excludes any encumbrances that were previously disclosed to the stock exchanges.

The communication was addressed to the Manager of the NSE Corporate Office and copied to the Audit Committee of Niraj Ispat Industries Limited for record-keeping purposes.

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