Nitta Gelatin India Limited announced its audited standalone and consolidated financial results for the quarter and year ended 31 March 2026, reporting strong growth in both revenue and profitability. The Board of Directors approved the results at their meeting held on 2 May 2026.

For the financial year ended 31 March 2026, the company reported revenue from operations of ₹58,830.85 lakh, compared to ₹52,744.84 lakh in the previous year. Total income for FY26 stood at ₹61,408.59 lakh, an increase from ₹53,742.67 lakh in FY25. Net profit for the year rose to ₹11,058.99 lakh, representing a 34.5% growth over the previous year's net profit of ₹8,220.72 lakh.

Quarterly Performance

In the quarter ended 31 March 2026, revenue from operations reached ₹16,173.49 lakh, while total income stood at ₹16,659.20 lakh. The company reported a net profit of ₹3,400.75 lakh for the quarter, compared to ₹1,917.08 lakh in the corresponding quarter of the previous year. Basic and diluted earnings per share for the quarter were ₹37.46, compared to ₹21.12 in Q4 FY25.

Financial Highlights

Balance Sheet Position

As at 31 March 2026, the company's total assets stood at ₹56,998.81 lakh, compared to ₹49,154.50 lakh in the previous year. Equity share capital remained unchanged at ₹907.92 lakh, while other equity increased to ₹48,595.89 lakh from ₹38,327.42 lakh. Total equity reached ₹49,503.81 lakh, up from ₹39,235.34 lakh in FY25.

Dividend Recommendation

The Board of Directors has recommended a dividend of ₹7 per equity share (70% of the face value of ₹10 per share) for declaration at the forthcoming Annual General Meeting. Additionally, the Board proposed a dividend of ₹0.7650 per preference share (@ 7.65063% p.a.) on 44,44,444 redeemable preference shares of ₹10 each. Both recommendations are subject to shareholder approval.

Consolidated Results

On a consolidated basis, including subsidiary Bamni Proteins Limited, total income for FY26 stood at ₹60,096.09 lakh, with net profit of ₹9,719.74 lakh. The subsidiary's operations have been classified as discontinued operations following the decision to permanently close its manufacturing unit. Assets held for sale from the subsidiary amounted to ₹530.38 lakh as at 31 March 2026.

Nitta gelatin India Limited has announced a board meeting scheduled for May 2, 2026, in compliance with regulatory requirements. The meeting will be conducted through video conferencing to review the company's financial performance for the recently concluded quarter and financial year.

Meeting Agenda and Key Decisions

The board meeting will address two primary agenda items that are crucial for shareholders and stakeholders. The directors will consider and approve both standalone and consolidated audited financial results for the quarter and financial year ended March 31, 2026.

Dividend Considerations

The board will also evaluate and potentially recommend dividend distribution to shareholders. This decision will be based on the company's financial performance and cash flow position for the concluded financial year. The dividend recommendation, if any, will be subject to shareholder approval at the upcoming annual general meeting.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The formal intimation was communicated to BSE Limited on April 14, 2026, ensuring transparency and adherence to listing requirements.

Company Leadership

Vinod Mohan, serving as Company Secretary and Compliance Officer, signed the regulatory filing. The announcement reflects the company's commitment to maintaining proper corporate governance standards and timely communication with stock exchanges and investors.

The upcoming board meeting represents a significant milestone for Nitta Gelatin India Limited as it concludes the financial year 2026 and prepares to share its performance metrics with stakeholders.