Nirav Commercials Limited reported a net profit of ₹0.42 crore for the financial year ended March 31, 2026, a significant increase from ₹0.05 crore in the previous year. Total revenue for the year stood at ₹13.47 crore, up from ₹10.56 crore in FY25. The profit for the year includes a gain of ₹0.33 crore from exceptional items related to the transfer of its business undertaking.

During the year, the company completed the transfer of its aluminium doors and windows business, operating under the brand name “Elesar Focchi”, to Hind Aluminium Industries Limited. The transfer was executed on a slump sale basis for a lump sum consideration of ₹1.25 crore. This strategic move involved the transfer of related assets, liabilities, licences, approvals and employees to the purchaser.

Financial Performance

The company’s financial results for FY26 show a marked improvement in profitability. While profit before tax from operations was ₹0.03 crore, the inclusion of exceptional income bolstered the bottom line. The board of directors has not recommended any dividend for the financial year 2025-26.

Business Transfer and Outlook

Pursuant to the approval of shareholders, the company entered into a material related party transaction to sell, transfer or dispose of its manufacturing undertaking. The management stated that the decision to discontinue manufacturing operations was taken considering the changing business environment and long-term strategic interests. The company is now actively evaluating opportunities in new and sustainable business segments to create long-term value for stakeholders.

Corporate Governance and Auditors

The statutory auditors, M/s. Suryaprakash Maurya & Co. LLP, were appointed for a term of five years. The independent audit report for the financial year ended March 31, 2026, did not contain any qualifications, reservations or adverse remarks. The company has also appointed M/s. Dash Dwivedi & Associates LLP as Secretarial Auditors for a five-year term.

Nirav Commercials Limited reported a net profit of ₹0.42 crore for the financial year ended March 31, 2026, a significant increase from ₹0.05 crore in the previous year. The performance was bolstered by an exceptional gain of ₹0.33 crore arising from the sale of its undertaking, Elesar Fochhi, Daman Division, during the quarter. The board approved the audited financial results for the quarter and year ended March 31, 2026, during a meeting held on May 28, 2026.

Financial Performance

Total income from operations for the year rose to ₹13.47 crore from ₹10.56 crore in the previous year. For the quarter ended March 31, 2026, the company reported a net profit of ₹0.61 crore, compared to ₹0.20 crore in the corresponding period of the previous year. The board reviewed the financial performance for the fourth quarter of the fiscal year 2026 and the full fiscal year.

The meeting was convened in compliance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The trading window for dealing in the company's securities, which closed on April 1, 2026, will reopen 48 hours after the declaration of the results.

Key Financial Metrics

The following table outlines the financial performance for the quarter and year ended March 31, 2026:

The auditors, Suryaprakash Maurya & Co LLP, issued an unmodified opinion on the financial results. The statement of assets and liabilities as of March 31, 2026, showed total assets at ₹31.68 crore, with equity and liabilities amounting to ₹31.68 crore.