Audited Financial Result for the Year Ended on March-26.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nanavati Ventures Ltd reported FY26 revenue of Rs. 1,867.81 lakh, more than doubling from Rs. 868.42 lakh in FY25, driven by growth in its diamond and precious metals trading business. However, net profit fell sharply to Rs. 7.33 lakh from Rs. 21.86 lakh in the prior year — a 66% decline — as margins were severely compressed due to high cost of goods sold consuming 98% of revenue. The company also recorded a deferred tax expense of Rs. 4.13 lakh (vs. nil in FY25), further weighing on profitability. EBITDA margin contracted significantly despite higher absolute earnings. Operating cash flow turned negative at Rs. -1.81 lakh, though this was an improvement from Rs. -28.91 lakh in FY25. The auditor issued an unmodified opinion with no qualifications.
Revenue growth of over 100% was offset by a sharp PAT decline and margin compression, signalling poor cost control or adverse trading conditions. The negative operating cash flow and low absolute profit (EPS of just Rs. 0.16) raise concerns about the quality of earnings, though the clean audit opinion reduces immediate risk.