Nureca revises capex approval to ₹128 Cr for FY26

1 min read     Updated on 02 Jun 2026, 02:16 AM
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Nureca Limited reported a net profit of ₹0.71 Cr for FY26 on revenue of ₹31.70 Cr, while recording a net loss of ₹0.70 Cr in Q4FY26. The Board corrected its approval for incremental capital expenditure to ₹128 Cr, up from ₹100 Cr, for manufacturing expansion in Punjab. Additionally, the company announced CFO changes and director reappointments subject to shareholder approval.

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Nureca Limited reported a net profit of ₹0.71 Cr for the financial year ended March 31, 2026, on total income from operations of ₹31.70 Cr. For the quarter ended March 31, 2026, the company recorded a net loss of ₹0.70 Cr on revenue of ₹31.70 Cr. The Board of Directors approved the audited financial results on May 29, 2026, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company’s earnings per share (EPS) for the year stood at ₹0.33, calculated on a face value of ₹10 per share. In Q4FY26, the EPS was (₹0.20). The full format of the audited financial results is available on the BSE website and the company's official website.

Metric (₹ Cr) Quarter Ended 31.03.2026 (Audited) Year Ended 31.03.2026 (Audited)
Total Income from Operations 31.70 31.70
Net Profit / (Loss) (0.70) 0.71
Earnings Per Share (₹) (0.20) 0.33

Board Decisions and Appointments

The Board approved an incremental capital expenditure of up to ₹128 Cr in plant and machinery for manufacturing additional medical devices, healthcare consumables, and hygiene products at its existing industrial land in Sundran, Dera Bassi, Punjab. The Board also approved the purchase of additional land adjoining the existing site for future expansion. This figure corrects a previous disclosure of ₹100 Cr due to a typographical error. M/s. MGSG and Associates were reappointed as Internal Auditor for FY26-27.

Mr. Naresh Gupta resigned as Chief Financial Officer and Key Managerial Personnel effective from the close of business hours on June 26, 2026, to pursue better career opportunities. Consequently, Mr. Chander Kant has been appointed as the new Chief Financial Officer effective June 27, 2026. Mr. Kant brings over 13 years of experience in finance and taxation.

Director Reappointments

The Board approved the reappointment of Mr. Aryan Goyal as Whole-time Director for a further period of three years w.e.f. May 28, 2027, and Mr. Saurabh Goyal as Managing Director for a further period of three years w.e.f. September 03, 2026. Both reappointments are subject to shareholder approval at the ensuing Annual General Meeting. Additionally, Ms. Smita Goyal was appointed as an Additional Director (Whole Time Director) for three years w.e.f. June 01, 2026, subject to shareholder approval.

Historical Stock Returns for Nureca

1 Day5 Days1 Month6 Months1 Year5 Years
-1.17%-13.21%-10.98%-20.27%-11.57%-84.52%

How will the ₹128 Cr capital expenditure impact Nureca's production capacity and revenue growth in the next fiscal year?

What strategies will the new CFO, Mr. Chander Kant, implement to address the quarterly net loss and improve profitability?

What are the expected timelines for the expansion projects at the Sundran, Dera Bassi site, and when will they become operational?

Nureca appoints Chander Kant as CFO after Naresh Gupta resigns

1 min read     Updated on 30 May 2026, 03:55 AM
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Nureca Limited disclosed the appointment of Chander Kant as CFO effective June 27, 2026, succeeding Naresh Gupta who resigned effective June 26, 2026. The company updated the list of authorized Key Managerial Personnel for determining materiality and making disclosures to stock exchanges.

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Nureca Limited has appointed Chander Kant as the Chief Financial Officer (CFO) effective June 27, 2026, following the resignation of Mr. Naresh Gupta. The change in leadership was disclosed to the stock exchanges on May 29, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Naresh Gupta resigned from the position of CFO effective the close of business hours on June 26, 2026. Consequently, Mr. Chander Kant has been authorized to determine materiality of events and make disclosures to stock exchanges from the date of his appointment.

The company has identified Mr. Saurabh Goyal, Chairman & Managing Director, Mr. Aryan Goyal, Whole-time Director & Chief Executive Officer, and Ms. Nishu Kansal, Company Secretary & Compliance Officer, as the other Key Managerial Personnel authorized for materiality determinations. The correspondence regarding these changes was signed by Ms. Nishu Kansal on May 29, 2026. The company operates from its correspondence office in Chandigarh and its registered office in Mumbai.

The following table summarizes the key leadership changes:

Name Role Action Effective Date
Naresh Gupta Chief Financial Officer Resignation June 26, 2026
Chander Kant Chief Financial Officer Appointment June 27, 2026

Historical Stock Returns for Nureca

1 Day5 Days1 Month6 Months1 Year5 Years
-1.17%-13.21%-10.98%-20.27%-11.57%-84.52%

What strategic shifts might Nureca pursue under Chander Kant's financial leadership?

How will the market react to the sudden CFO transition in terms of stock performance?

Could this leadership change signal broader restructuring within Nureca's management?

More News on Nureca

1 Year Returns:-11.57%