Results of Board Meeting
NAGREEKEXP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nagreeka Exports Limited reported FY2026 revenue of ₹51,118 Lacs, a decline of 3.3% from ₹52,886 Lacs in FY2025, driven by lower sales in its textile business. PAT stood at ₹306.20 Lacs vs ₹316.47 Lacs in prior year, a decline of ~3.2%, though the company remained profitable. Finance costs were ₹1,320.18 Lacs. The Board declared an unmodified opinion from auditors B. Nath & Co. Key board decisions include appointment of a new Company Secretary Mrs. Ranu Dey Talukdar (w.e.f. 16 April 2026), appointment of B.N. Kedia & Co. as Internal Auditors, and V.J. Talati & Co. as Cost Auditors for FY2026-27. A postal ballot is scheduled for 18 June 2026. Total equity stood at ₹15,923 Lacs with total assets of ₹38,196 Lacs.
Revenue and profit both declined year-on-year, reflecting pressure on the textile exporter. The unmodified audit opinion is a positive signal, but the declining top and bottom line and high debt levels (short-term borrowings of ₹15,018 Lacs) warrant caution.