Neetu Yoshi Limited , a metallurgical engineering company specializing in railway components, has reported robust financial results for the half year ended September 30, 2025. The company also announced strategic changes to its expansion plans, including the relocation of its proposed manufacturing facility.

Financial Highlights

The company's unaudited consolidated financial results for H1 FY2026 show significant growth:

*Total assets figure for H1 FY2025 is as of March 31, 2025

Successful IPO and Fund Utilization

Neetu Yoshi Limited completed its Initial Public Offering (IPO) on July 4, 2025, raising Rs. 77.04 crores by issuing 1,02,72,000 equity shares at Rs. 75 per share. The shares were subsequently listed on the BSE SME platform. As of September 30, 2025:

• Rs. 24.52 crores of the IPO proceeds have been utilized
• Rs. 52.52 crores remain unutilized and are invested in term deposits

Strategic Relocation of New Manufacturing Facility

The company's board has decided to relocate the proposed new manufacturing facility from Kanpur, Uttar Pradesh, to Haridwar, Uttarakhand. This decision was made after considering various operational, logistical, and strategic factors, including:

1. Proximity to existing operations: The new site is approximately 6 km from the company's current unit, ensuring operational continuity.
2. Regulatory compliance: The Haridwar site is an industrial declared land, already registered in the company's name and fully compliant with legal requirements.
3. Ready-to-use status: All necessary approvals, including map approvals, Fire NOC, and Pollution Control NOC, have been obtained.
4. RDSO inspection policy: The relocation takes advantage of the revised inspection policy of the Research Designs and Standards Organisation (RDSO), which now permits inspection from its Delhi office for units in the Haridwar region.

Upcoming Investor Communication

Neetu Yoshi Limited has scheduled a Virtual Earnings Conference Call for November 10, 2025, at 4:00 PM IST. Mr. Himanshu Lohia, Managing Director and Chief Financial Officer, will represent the company to discuss the unaudited financial results for H1 FY2026.

Company Overview

Neetu Yoshi Limited is engaged in the manufacturing of customized products in different grades of ferrous metallurgical products. The company is certified as a "Class A" company by RDSO for various safety parts used in braking, coupling, suspension, and propulsion systems for railway bogies and couplers.

The strong financial performance and strategic decisions demonstrate the company's commitment to expansion and operational efficiency in the railway components sector.

Neetu Yoshi Limited , a company in the railway component manufacturing sector, has achieved a significant milestone in its business expansion efforts. The company has received approval from the Integral Coach Factory (ICF), Chennai, for its Buffer Assembly for Coaches and has been included in ICF's Vendor Directory.

Key Developments

• Approval Received: Neetu Yoshi Limited has been approved by ICF, Chennai for Buffer Assembly for Coaches.
• Vendor Directory Inclusion: The company has been added to ICF's Vendor Directory.
• Supply Eligibility: This approval enables Neetu Yoshi Limited to participate in tenders and supply contracts for Indian Railways.
• Current Status: The company is presently in the developmental-vendor category.

Impact and Outlook

While the immediate financial impact of this development is not expected to be material, it marks a significant step for Neetu Yoshi Limited in the railway coach component segment. The company anticipates that this approval may:

1. Strengthen its credentials in the industry
2. Enhance business opportunities in the medium term
3. Expand its presence in the railway coach component market

Supply Commencement

The commencement of supplies will be subject to:

• Approval conditions
• Participation in tenders
• Further requirements as per Indian Railways' procurement processes

Regulatory Compliance

This information has been disclosed by Neetu Yoshi Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made to the BSE Limited (SME Platform).

As the railway sector continues to evolve and modernize, companies like Neetu Yoshi Limited are positioning themselves to contribute to and potentially benefit from the growth in this critical infrastructure segment.