Niraj Ispat Q4FY26 net profit rises 30% to ₹38.97 lakh
Niraj Ispat Industries reported a 30% year-on-year increase in net profit to ₹38.97 lakh for the quarter ended March 31, 2026, supported by higher other income. Revenue from operations for the quarter stood at ₹89.29 lakh. For the full year FY26, the company achieved a net profit of ₹162.44 lakh on a total income of ₹508.21 lakh, with statutory auditors issuing an unmodified opinion.

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Niraj Ispat Industries reported a 30% year-on-year increase in net profit to ₹38.97 lakh for the quarter ended March 31, 2026, driven by higher other income. Revenue from operations for the quarter stood at ₹89.29 lakh, while total income rose marginally to ₹127.69 lakh. For the full financial year FY26, the company recorded a net profit of ₹162.44 lakh on a total income of ₹508.21 lakh.
The company's board approved the financial results at a meeting held on May 25, 2026. The statutory auditors, Sanjeev Anand & Associates, audited the results for the year ended March 31, 2026, and expressed an unmodified opinion. The results were prepared in compliance with Indian Accounting Standards (Ind-AS) and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Financial Performance
Revenue from operations for Q4FY26 decreased from ₹99.64 lakh in the corresponding period of the previous year. However, other income increased to ₹38.40 lakh from ₹27.51 lakh in Q4FY25. Total expenses for the quarter rose to ₹73.88 lakh from ₹76.16 lakh in the prior year. The profit before tax for the quarter stood at ₹53.81 lakh compared to ₹50.98 lakh in the same period last year.
For the full year FY26, revenue from operations was ₹362.19 lakh, while other income contributed ₹146.02 lakh. Total expenses for the year amounted to ₹288.48 lakh. The basic and diluted earnings per share (EPS) for Q4FY26 were reported at ₹6.50, compared to ₹5.00 in the same quarter of the previous year.
Segment and Operational Details
Niraj Ispat Industries is engaged in the manufacturing of poly buttons and operates a single reportable operating segment as per Ind AS 108. The company resubmitted the financial results to the National Stock Exchange on June 20, 2026, to provide clarification regarding the authorized signatory's signature on the initial submission dated May 25, 2026.
Balance Sheet and Cash Flows
The company's total assets as of March 31, 2026, stood at ₹2,167.05 lakh, a slight increase from ₹2,010.11 lakh in the previous year. Equity share capital remained unchanged at ₹60.00 lakh, while total equity increased to ₹1,593.00 lakh from ₹1,430.56 lakh. Borrowings, including non-current and current liabilities, were recorded at ₹455.17 lakh.
Cash flow from operating activities for the year ended March 31, 2026, was negative at ₹(141.25) lakh, compared to ₹(412.26) lakh in the previous year. Net cash used in investing activities was ₹142.78 lakh, while financing activities resulted in a net outflow of ₹3.26 lakh. Cash and cash equivalents at the end of the fiscal year stood at ₹1.14 lakh.
| Financial Metrics (₹ in Lakhs) | Q4FY26 (Audited) | Q4FY25 (Audited) | FY26 (Audited) |
|---|---|---|---|
| Revenue from Operations | 89.29 | 99.64 | 362.19 |
| Total Income | 127.69 | 127.14 | 508.21 |
| Total Expenses | 73.88 | 76.16 | 288.48 |
| Profit Before Tax | 53.81 | 50.98 | 219.73 |
| Net Profit | 38.97 | 29.98 | 162.44 |
| Basic EPS (₹) | 6.50 | 5.00 | 27.07 |
Historical Stock Returns for Niraj Ispat Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -7.16% | -1.07% | -5.42% | -48.54% | +11.35% |
How does Niraj Ispat Industries plan to reverse the decline in revenue from operations given the year-on-year drop?
What strategic initiatives will the company undertake to reduce reliance on other income and drive core operational growth?
Will the company utilize its increased equity and total assets to fund expansion or diversify beyond poly button manufacturing?


























