Nitta Gelatin India Reports 33.8% Profit Growth in Q2, Considers Merger with Subsidiary
Nitta Gelatin India Limited reported a profit of ₹26.14 crores in Q2 FY2026, up 33.8% from ₹19.53 crores in Q1. Revenue from operations was ₹134.07 crores. Earnings per share increased to ₹28.79 from ₹21.35. The company is exploring a potential merger with its subsidiary, Bamni Proteins Ltd. Management changes include the appointment of a new CFO and the re-designation of the current CFO as Chief Risk Officer, effective January 1, 2026.

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Nitta Gelatin India Limited , a leading manufacturer of gelatin and related products, has reported a strong financial performance for the second quarter of the fiscal year. The company's unaudited financial results, approved by its Board of Directors, reveal significant growth in profitability and steady revenue.
Financial Highlights
| Metric | Q2 FY2026 | Q1 FY2026 | Change |
|---|---|---|---|
| Profit | ₹26.14 | ₹19.53 | +33.8% |
| Revenue from Operations | ₹134.07 | - | - |
| Earnings per Share | ₹28.79 | ₹21.35 | +34.8% |
The company's profit for the quarter stood at ₹26.14 crores, marking a substantial increase of 33.8% compared to the previous quarter's ₹19.53 crores. This growth is reflected in the earnings per share, which rose from ₹21.35 to ₹28.79.
For the half-year, Nitta Gelatin India reported a profit of ₹45.52 crores, with revenue from operations reaching ₹272.34 crores.
Other Income and Segment Information
The quarterly results included other income of ₹7.53 crores, primarily from dividend income received from a subsidiary company. Nitta Gelatin India operates in a single operating segment focused on gelatin manufacturing and related products.
Potential Merger Exploration
In a separate development, the company's Board of Directors has taken a step towards potential corporate restructuring. The Board has constituted a committee to evaluate the feasibility of merging its subsidiary, Bamni Proteins Ltd, with Nitta Gelatin India Limited. This committee will examine the modalities of such a merger, which could have implications for the company's future structure and operations.
Management Changes
Nitta Gelatin India has announced key changes in its management structure:
- Mr. Sahasranaman P, the current Chief Financial Officer (CFO), will be re-designated as the Chief Risk Officer (CRO) effective January 1, 2026.
- Mr. Uppiliyappan C will be appointed as the new Chief Financial Officer (CFO), also effective January 1, 2026. Mr. Uppiliyappan brings over 18 years of experience in managing core finance functions across global and Indian entities.
These management changes and the exploration of a potential merger with its subsidiary suggest that Nitta Gelatin India is positioning itself for future growth and operational efficiency.
The company's strong quarterly performance, coupled with these strategic moves, indicates a focus on both financial growth and organizational development.
Historical Stock Returns for Nitta Gelatin
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.11% | -0.48% | -2.21% | -2.74% | +1.57% | +349.55% |

































