Nitin Fire Protection Industries Limited reported a consolidated net profit of ₹1,185.37 lakh for the financial year ended March 31, 2026, compared to ₹219.88 lakh in the previous year. The Board of Directors approved the audited standalone and consolidated financial results at a meeting held on May 30, 2026. Tolia and Associates, Chartered Accountants, issued an audit report with an unmodified opinion on the results.

On a standalone basis, the company reported a net profit of ₹991.65 lakh for FY26, a significant increase from ₹292.84 lakh in FY25. Total income for the year rose to ₹3,760.61 lakh from ₹1,040.96 lakh in the prior year. Revenue from operations stood at ₹2,140.91 lakh. For the quarter ended March 31, 2026, the standalone net profit was ₹(326.26) lakh, while total income was ₹773.79 lakh.

The consolidated financial results include the performance of Nitin Fire Protection Industries Limited (Holding Company), its wholly owned subsidiary Eurotech Cylinders Private Limited, and its associate Worthington Nitin Cylinders Private Limited. Consolidated revenue from operations for FY26 was ₹2,422.41 lakh, up from ₹629.37 lakh in the previous year. The company's fire protection equipment segment remains the only reportable segment.

Standalone Financial Performance (FY26)

Consolidated Financial Performance (FY26)

The company noted that it has filed an interlocutory application for the cancellation and issuance of fresh equity shares, and the share capital structure remains unchanged pending the outcome. In the absence of taxable income and virtual certainty of future taxable profits, no deferred tax asset has been recognised on unabsorbed losses and depreciation. Trading in the company's securities remains suspended on BSE Limited and National Stock Exchange of India Limited following a liquidation order dated February 9, 2022.

Nitin Fire Protection Industries Limited has responded to a query raised by the National Stock Exchange of India (NSE) regarding a discrepancy in its financial results submission for the quarter ended December 31, 2025. The clarification was filed on May 08, 2026, under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Nature of the Discrepancy

The NSE flagged that the Consolidated EPS figures reported in the XBRL submission did not match those presented in the corresponding PDF version of the financial results. The exchange's query specifically noted: "Financial results submitted in XBRL with discrepancies – Figures of Consolidated EPS in XBRL is not matching with PDF."

The company, in its response, described the mismatch as inadvertent in nature, clarifying that no intentional misreporting was involved.

Corrective Action Taken

To resolve the inconsistency, Nitin Fire Protection Industries has submitted a revised XBRL filing to the exchange. The revision was undertaken to ensure full alignment between the XBRL data and the PDF version of the financial results already on record with the NSE.

Key details of the filing and corrective action are summarised below:

Regulatory Context

The clarification was submitted in accordance with the company's obligations under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which governs the submission of financial results by listed entities. The communication was signed by Allan Lopes, Director of Nitin Fire Protection Industries Limited, and addressed to the NSE's Corporate Communications Department.