Please find the outcome of Board Meeting 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 financial results for FY2026 ending March 31, 2026 with profit before tax of Rs. 515.66 Lakhs and EPS of Rs. 1.56. The Board approved a 1:2 stock split - subdividing each Rs. 10 face value share into two Rs. 5 face value shares - subject to shareholder approval. The auditors (Jain Kedia & Sharma) issued an unmodified (clean) opinion on the annual financial statements. The company confirmed no default on loans and debt securities, and is not classified as a Large Corporate under SEBI norms. Rights issue proceeds of Rs. 3658.15 Lakhs have been utilized as per prospectus with Rs. 770 Lakhs still pending deployment. Cash flow statement shows negative operating cash flow of Rs. 1592.67 Lakhs driven by inventory buildup of Rs. 1344.51 Lakhs and increase in trade receivables of Rs. 573.90 Lakhs.
The company posted positive profitability but faces significant working capital stress with negative operating cash flows despite healthy cash reserves of Rs. 1480.13 Lakhs. The stock split aims to improve affordability and liquidity of shares. Overall capital structure remains stable with equity of Rs. 5586.61 Lakhs against total borrowings of Rs. 946.56 Lakhs.