Nurture Well Industries Limited has scheduled its 40th Annual General Meeting for Wednesday, September 30, 2026. The meeting will be held at 1:00 pm through Video Conferencing or Other Audio-Visual Means (VC/OAVM) in compliance with the Companies Act, 2013 and SEBI Listing Regulations.

Meeting Logistics

The notice of the AGM and the annual report for FY26 were dispatched electronically on Friday, September 4, 2026, to members holding shares as of Friday, August 28, 2026. Hard copies of the annual report are available upon request via compliance@nurturewell.com .

E-Voting Details

Members holding shares as of the cut-off date, Wednesday, September 23, 2026, are eligible to vote. Remote e-voting through National Securities Depository Limited (NSDL) will operate from Sunday, September 27, 2026, at 9:00 am until Tuesday, September 29, 2026, at 5:00 pm.

Members who cast votes remotely may participate in the VC/OAVM meeting but cannot vote again during the session. Those who have not voted remotely may vote during the live meeting.

Nurture Well Industries reported a significant contraction in profitability for the quarter ended June 2026, with consolidated net profit falling to ₹134.7 crore. This represents a 45.6% year-on-year decline from ₹247.6 crore in the corresponding period of FY25. Despite the annual drop, the result marks a sharp recovery from the net loss of ₹11.7 crore recorded in the preceding quarter (March 2026).

The Board of Directors approved the unaudited standalone and consolidated financial results on August 12, 2026. The results were reviewed by statutory auditors Prem Gupta & Company, which issued an unmodified review report under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Consolidated Financial Performance

Revenue from operations declined significantly due to lower overseas demand. Consolidated revenue stood at ₹1,528.1 crore, down 39.0% from ₹2,507.2 crore in Q1FY25. Total expenses decreased to ₹1,378.2 crore (down 38.9% YoY), resulting in a profit before tax of ₹149.9 crore.

Note: Figures reflect consolidated results. Q1FY27 corresponds to the quarter ended June 2026.

Standalone Results and Segment Analysis

The standalone entity, which operates primarily as a holding company, reported minimal operating revenue of ₹27.9 lakh. Its standalone net profit was ₹15.1 lakh, eroded by a ₹187.6 lakh loss on the fair valuation of equity instruments, leading to a total comprehensive income loss of ₹36.7 lakh.

The consolidated results are dominated by the subsidiary, Nurture Well Foods Limited. The overseas segment contributed ₹1,254.8 crore of revenue, down 42.8% from ₹2,192.1 crore in the prior-year period. The domestic segment saw a smaller revenue decline of 10.8% to ₹272.6 crore.

What the Numbers Show

The divergence between standalone and consolidated results highlights the group's structure. The standalone entity generated negligible operating revenue, with its financial performance heavily influenced by non-operating items such as fair value adjustments. In contrast, the consolidated figures reflect the core business operations through Nurture Well Foods Limited. The significant contraction in overseas revenue (-42.8%) compared to domestic revenue (-10.8%) indicates a sharper slowdown in international markets, which constitute the majority of the group's top line.

Balance Sheet and Regulatory Compliance

The debt-to-equity ratio remained stable at 0.08 for both standalone and consolidated entities, indicating low leverage. The interest service coverage ratio for the consolidated group stood at 21.04, reflecting normalized borrowing levels compared to an anomalously high ratio of 802.11 in the prior year. Finance costs increased to ₹74.8 lakh from ₹3.3 lakh in the prior-year period.

The management noted that the incremental impact of the new Labour Codes notified in November 2025 was not material and had been recognized in the financial results for FY27. The group continues to monitor developments regarding the final rules.

Auditor's Report

Prem Gupta & Company issued an unmodified review report on both standalone and consolidated financial statements. The audit covered the period ending June 30, 2026, confirming compliance with Ind AS 34 and SEBI LODR regulations. The consolidated results include the financials of one subsidiary, Nurture Well Foods Limited, consolidated in accordance with Ind AS 110.