Niraj Cement Structurals , a prominent player in the construction and infrastructure sector, has announced its unaudited financial results for the first quarter. The company has demonstrated robust growth in revenue while maintaining steady profitability.

Revenue Surge

For Q1, Niraj Cement Structurals reported a total income of ₹97.32 crores, marking a significant increase of 15.7% compared to ₹84.09 crores in the corresponding quarter of the previous year. This substantial growth in revenue indicates strong demand for the company's products and services in the construction sector.

Profit Performance

The company's net profit after tax for the quarter stood at ₹1.10 crores, showing an impressive growth of 35.8% from ₹0.81 crores in the same quarter of the previous year. This improvement in profitability demonstrates the company's ability to effectively manage costs while expanding its operations.

Earnings Per Share

Earnings per share (EPS) for the quarter was reported at ₹0.18, compared to ₹0.20 in the same quarter last year. The slight decrease in EPS despite increased profits can be attributed to changes in the company's share capital structure.

Annual Performance Overview

For the full fiscal year, Niraj Cement Structurals reported:

The company maintained stable revenue year-over-year while slightly improving its annual net profit.

Disclosure and Compliance

In compliance with regulatory requirements, Niraj Cement Structurals Limited published its financial results in the Financial Express and Mumbai Lakshdeep newspapers on August 15, 2025. This adherence to disclosure norms underscores the company's commitment to transparency and corporate governance.

Investors and stakeholders can find more detailed information about the company's financial performance on the stock exchanges' websites and the company's official website at www.niraj.co.in .

Niraj Cement Structurals Limited has announced the complete utilization of Rs 103.56 crore raised through a preferential issue of equity shares and warrants, according to the monitoring agency report for the quarter ended June 30. The report, issued by CARE Ratings Limited, confirms that all funds have been deployed across three key objectives.

Fund Allocation

The funds were allocated as follows:

Issue Details and Utilization

The preferential issue, which was initially targeted at Rs 132.77 crore, was undersubscribed, resulting in a reduced total of Rs 103.56 crore. Despite this, the company has successfully utilized the entire amount raised.

Investment in Joint Venture

Under the general corporate purposes category, the company invested Rs 5.50 crore in a joint venture named 'Niraj-Mason JV'. This investment was approved by the board on May 22, aligning with the company's strategic objectives.

Temporary Fund Placement

The monitoring agency noted that during Q4, Niraj Cement Structurals had temporarily parked Rs 10.00 crore in Portfolio Management Services (PMS). While this was not in line with the interim use guidelines outlined in the offer document, the company subsequently transferred these funds back to the monitoring account during Q1.

Compliance and Timely Completion

The report highlights that no deviations from the stated objectives were reported. Importantly, all completion targets were met ahead of the original March 31 deadline, demonstrating efficient fund utilization and project execution.

Management Commentary

The Board of Directors emphasized their commitment to prudent fund management, stating, "In accordance with Clause C at page 9 of the Company's Offer Document, the Board of Directors is vested with the authority to deploy and utilize the funds of the Company at its discretion, subject always to compliance with applicable laws and regulations."

This successful utilization of funds marks a significant milestone for Niraj Cement Structurals Limited, potentially strengthening its financial position and operational capabilities in the construction and infrastructure sector.