Narmada Agrobase Limited has informed the Exchange regarding Outcome of Board Meeting held on May 29, 2026.
NARMADA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Narmada Agrobase Limited reported FY2026 audited results with total revenue of Rs. 7,966.75 lakhs, up 20.1% from Rs. 6,633.91 lakhs in FY2025. However, profit after tax declined to Rs. 385.73 lakhs from Rs. 408.79 lakhs, a 5.6% decrease. The company received an unmodified (clean) audit opinion from Jain Kedia & Sharma with no going concern issues. The board approved a 1:2 stock split, subdividing each Rs. 10 face value share into two Rs. 5 face value shares to enhance liquidity and broaden investor base. Rights issue proceeds of Rs. 3,458.15 lakhs have been largely utilized, with Rs. 770 lakhs remaining unutilized (held in fixed deposits). The company confirmed no default on loans or debt securities.
Revenue growth of over 20% is positive, but the PAT decline and negative operating cash flow of Rs. 129.77 lakhs are concerning. The stock split may improve liquidity and retail participation. Overall results present a mixed picture for shareholders.