Nitta Gelatin India Reports 33.8% Profit Growth in Q2, Considers Merger with Subsidiary

1 min read     Updated on 31 Oct 2025, 03:41 PM
scanx
Reviewed by
Radhika SScanX News Team
Overview

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.

23451105

*this image is generated using AI for illustrative purposes only.

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 Day5 Days1 Month6 Months1 Year5 Years
+0.11%-0.48%-2.21%-2.74%+1.57%+349.55%
Nitta Gelatin
View in Depthredirect
like20
dislike

Nitta Gelatin India Announces Strategic Management Reshuffle for 2026

1 min read     Updated on 31 Oct 2025, 03:29 PM
scanx
Reviewed by
Naman SScanX News Team
Overview

Nitta Gelatin India Limited has approved significant changes to its top management, effective January 1, 2026. Uppiliyappan C, with over 18 years of experience in core finance functions, will become the new Chief Financial Officer (CFO). Sahasranaman P, the current CFO, will transition to the role of Chief Risk Officer (CRO). The company has also formed a committee to evaluate the potential merger of its subsidiary, Bamni Proteins Ltd, with the parent company.

23450402

*this image is generated using AI for illustrative purposes only.

Nitta Gelatin India Limited , a key player in the gelatin and collagen peptide industry, has unveiled significant changes to its top management, set to take effect from January 1, 2026. The company's board of directors approved these strategic moves during a meeting held on October 31, 2025.

Key Management Changes

Position Appointee Previous Role Effective Date
Chief Financial Officer (CFO) Uppiliyappan C New Appointment January 1, 2026
Chief Risk Officer (CRO) Sahasranaman P Chief Financial Officer January 1, 2026

New CFO Brings Diverse Experience

Uppiliyappan C, the incoming Chief Financial Officer, brings a wealth of experience to Nitta Gelatin India. With over 18 years in core finance functions across global and Indian entities, Uppiliyappan's expertise spans:

  • Strategic financial planning and analysis
  • Cost optimization
  • Capital expenditure management
  • Business partnering
  • Operational finance

His professional background includes significant roles at prominent companies such as TIMAB India, SANY Heavy Industries, and Hyundai Motors. As a qualified Cost Accountant and Company Secretary, Uppiliyappan is well-positioned to steer Nitta Gelatin India's financial strategies in the coming years.

Veteran Executive Transitions to Risk Management

Sahasranaman P, a long-standing pillar of Nitta Gelatin India, will transition from his current role as Chief Financial Officer to assume the position of Chief Risk Officer. With a 25-year tenure at the company and a background as a Chartered Accountant, Sahasranaman brings a deep understanding of the company's operations to this critical risk management role.

Corporate Governance and Transparency

In line with regulatory requirements, Nitta Gelatin India has confirmed that neither Uppiliyappan C nor Sahasranaman P are related to any of the company's directors, underscoring the company's commitment to independent and professional management.

Potential Corporate Restructuring

In a separate but noteworthy development, Nitta Gelatin India's board has formed a committee to evaluate the feasibility of merging its subsidiary, Bamni Proteins Ltd, with the parent company. This move signals potential corporate restructuring aimed at streamlining operations and enhancing overall efficiency.

As Nitta Gelatin India prepares for these significant changes, stakeholders will be keenly watching how the new management structure and potential merger impact the company's strategic direction and financial performance in the coming years.

Historical Stock Returns for Nitta Gelatin

1 Day5 Days1 Month6 Months1 Year5 Years
+0.11%-0.48%-2.21%-2.74%+1.57%+349.55%
Nitta Gelatin
View in Depthredirect
like18
dislike
More News on Nitta Gelatin
Explore Other Articles
817.05
+0.90
(+0.11%)