BirlaNu Limited has informed the Exchange regarding Board meeting held on February 13, 2026.
BIRLANU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.2 pts less than Nifty Microcap 250 and 6.3 pts less than its Other Construction Materials peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
BirlaNu's board approved its Q3 FY26 (quarter ended Dec 31, 2025) and 9M FY26 financial results. On a standalone basis, revenue grew ~6.6% YoY to Rs. 529.5 crore in Q3 and the company swung back to a profit of Rs. 11.1 crore versus a Rs. 11.4 crore loss a year ago; 9M standalone revenue dipped marginally to Rs. 1,735.9 crore with PAT of Rs. 35.8 crore (prior year included a one-time Rs. 81.9 crore gain on asset sale). On a consolidated basis, however, the picture is weak — Q3 loss widened to Rs. 53 crore and 9M FY26 loss deepened to Rs. 97.2 crore, dragged by the Floors segment (Rs. 36.9 crore quarterly loss) and German subsidiaries. The board also approved a scheme to merge its wholly owned subsidiary Clean Coats (a construction chemicals firm acquired in Nov 2025 for Rs. 113.2 crore) into the parent — no shares will be issued since it is already wholly owned, so no change in shareholding pattern. Additionally, 1,10,131 stock options were granted under ESOP 2019 at an exercise price of Rs. 1,803.80, vesting over 2027–2028.
Mixed signals for shareholders: standalone operations are recovering and turning profitable quarter-on-quarter, but consolidated losses are widening sharply and the German subsidiary required a letter of financial support and corporate guarantee — a red flag for the broader group's health. The Clean Coats merger is largely structural (no dilution) and aims to cut costs, while the asset sale approval (book value Rs. 25.4 crore) could provide some cash relief. Watch consolidated margins and the Floors segment closely in coming quarters.