Please find the Audited Financial Results for the quarter and year ended on 31-03-2026 in the attached PDF.
NARMADA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Narmada Agrobase Ltd reported audited standalone financial results for FY 2025-26. The company achieved a profit before tax of Rs 515.66 lakhs. However, the company reported negative operating cash flow of Rs 1592.67 lakhs, primarily due to significant working capital build-up including inventories increasing by Rs 1344.51 lakhs and trade receivables rising by Rs 573.90 lakhs. The statutory auditors Jain Kedia & Sharma issued an unmodified (clean) opinion on the financial results. The Board also approved a 1:2 share split, subdividing each Rs 10 face value share into two Rs 5 face value shares, pending shareholder approval. Total borrowings stand at Rs 946.56 lakhs (long-term Rs 113.54 lakhs, short-term Rs 833.02 lakhs), with no defaults confirmed. The right issue proceeds of Rs 3658.15 lakhs have been partially utilized (Rs 2888.15 lakhs), with Rs 770 lakhs remaining unutilized.
The negative operating cash flow despite positive profitability raises concerns about working capital efficiency. The share split aims to improve liquidity and accessibility for retail investors by making shares more affordable. Shareholders should monitor the company's ability to convert profits into cash and manage its working capital cycle effectively.