Nutraplus India Limited has decided to establish a Commercial Bio Gas (CBG) plant to address the increasing demand for energy resources and reduce reliance on imports. The company has identified vendors for the installation of the plant and secured leasehold land for the project. This strategic move is designed to capitalize on the significant demand-supply gap for energy products and contribute to India's self-sufficiency in energy requirements.

The project aligns with the Government of India's GOBAR-DHAN scheme, launched in 2018-19, which encourages entrepreneurs to set up CBG plants. By-products from this initiative include Biomass Pellets, which substitute coal in Thermal Power Plants, and Organic Compost Manure. The government has proposed a 5% biogas blending with LNG, a move estimated to cut imports worth $1.17 Billion. Additionally, the Market Development Assistance (MDA) Scheme aims to increase organic fertilizer production, potentially reducing chemical fertilizer usage by 96 lakh tons and yielding benefits worth Rs 11,000 crore.

Nutraplus India has been developing this project since 2021. The company views the CBG initiative as a zero-waste circular economy industry with a positive Environmental Social Governance (ESG) impact. The project will also explore carbon credits as a new revenue stream. The entire facility is planned to be powered by renewable energy, primarily solar energy.

CBG serves as a key starting material for manufacturing hydrogen, which is utilized as domestic fuel for cooking, in industrial applications such as boilers and power plants, and for blending with CNG in vehicles. The company anticipates that the growing energy requirements of Data Centers and AI Infrastructure will further drive demand for CBG in power generation.

Key Project Details

Nutraplus India Limited reported a net loss of ₹34.01 lakh for the financial year ended March 31, 2026, compared to a net loss of ₹5.01 lakh in the previous year. The company's negative net worth widened to ₹569.02 lakh as of March 31, 2026, from ₹535.01 lakh in the prior year. The Board of Directors approved the audited standalone financial results at a meeting held on May 25, 2026, in Mumbai.

The company recorded total income of ₹15.77 lakh for FY26, entirely derived from other income, as revenue from operations remained nil. Total expenses for the year stood at ₹49.78 lakh. For the quarter ended March 31, 2026, the company reported a net profit of ₹4.46 lakh, compared to a net loss of ₹2.14 lakh in the corresponding period of the previous year.

Financial Performance

Auditor's Observations

Statutory auditors Raman S. Shah & Associates issued a qualified opinion on the standalone financial results. The report highlights material uncertainty regarding the company's ability to continue as a going concern due to the erosion of net worth, loss of assets under SARFAESI proceedings, and discontinuation of business activities. The auditors also noted an inability to comment on the recoverability of trade receivables amounting to ₹33.54 lakh and other current assets of ₹389.42 lakh due to the absence of confirmations and supporting evidence.

Additionally, the auditors stated that the company holds a 33.58% shareholding in Techno Point Mercantile Private Limited but has not prepared consolidated financial statements considering the entity as an associate company. The company has also lost key employees across finance, accounts, legal, production, and marketing functions.