National Fittings Limited Reports 180% Jump in Q3FY26 Net Profit to ₹292.51 Lakhs
National Fittings Limited reported exceptional Q3FY26 results with net profit surging 180.17% to ₹292.51 lakhs and revenue growing 13.52% to ₹2,363.62 lakhs. The pipe fittings manufacturer demonstrated strong operational efficiency with operational profit increasing 77.52% year-on-year. For the nine-month period, the company achieved revenue of ₹6,786.09 lakhs and maintained robust financial performance across all key metrics.

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National Fittings Limited has delivered impressive financial performance for the third quarter of FY26, reporting a substantial 180.17% increase in net profit to ₹292.51 lakhs compared to ₹104.40 lakhs in the corresponding quarter of the previous year. The Coimbatore-based pipe fittings manufacturer announced these results for the quarter ended December 31, 2025, showcasing strong operational efficiency and revenue growth.
Strong Revenue Performance
The company's revenue from operations demonstrated solid growth, increasing 13.52% year-on-year to ₹2,363.62 lakhs in Q3FY26 from ₹2,082.13 lakhs in Q3FY25. Including other income of ₹104.00 lakhs, total income for the quarter reached ₹2,467.62 lakhs compared to ₹2,139.72 lakhs in the previous year.
| Financial Metric | Q3FY26 | Q3FY25 | Growth (%) |
|---|---|---|---|
| Revenue from Operations | ₹2,363.62 lakhs | ₹2,082.13 lakhs | +13.52% |
| Total Income | ₹2,467.62 lakhs | ₹2,139.72 lakhs | +15.33% |
| Net Profit | ₹292.51 lakhs | ₹104.40 lakhs | +180.17% |
| Operational Profit | ₹292.30 lakhs | ₹164.66 lakhs | +77.52% |
Operational Efficiency Improvements
The company's operational performance showed marked improvement with profit from operations before exceptional items rising to ₹292.30 lakhs in Q3FY26 from ₹164.66 lakhs in Q3FY25, representing a 77.52% increase. Total expenditure for the quarter was ₹2,175.31 lakhs compared to ₹1,975.07 lakhs in the previous year, indicating controlled cost management despite higher business volumes.
Key expense components included cost of material consumed at ₹1,370.10 lakhs, employee benefits expense of ₹280.53 lakhs, and other expenses totaling ₹358.69 lakhs. The company benefited from a favorable change in inventories of ₹265.99 lakhs during the quarter.
Nine-Month Performance Overview
For the nine-month period ended December 31, 2025, National Fittings reported revenue from operations of ₹6,786.09 lakhs compared to ₹5,464.80 lakhs in the corresponding period of the previous year. Net profit for the nine-month period stood at ₹738.83 lakhs, while operational profit before exceptional items reached ₹929.42 lakhs.
| Nine-Month Metrics | FY26 (9M) | FY25 (9M) |
|---|---|---|
| Revenue from Operations | ₹6,786.09 lakhs | ₹5,464.80 lakhs |
| Total Income | ₹7,097.75 lakhs | ₹5,637.99 lakhs |
| Net Profit | ₹738.83 lakhs | ₹880.98 lakhs |
| Operational Profit | ₹929.42 lakhs | ₹300.84 lakhs |
Earnings Per Share and Financial Position
The company's earnings per share (EPS) for Q3FY26 improved significantly to ₹3.22 compared to ₹1.15 in Q3FY25. For the nine-month period, EPS stood at ₹8.13. The company maintains a paid-up equity share capital of ₹908.32 lakhs with face value of ₹10 per share, while reserves excluding revaluation reserves increased to ₹7,837.26 lakhs.
Business Operations and Outlook
National Fittings operates in a single business segment of manufacturing pipe fittings and maintains its manufacturing facilities in Coimbatore. The company's financial results were reviewed by the Audit Committee and approved by the Board of Directors on February 4, 2026. The statutory auditors conducted a limited review of the financial results without any qualification or modification, confirming the accuracy of the reported figures.
Historical Stock Returns for National Fittings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +13.29% | +22.31% | +6.48% | -0.42% | +36.69% | +364.33% |

































