Please find enclosed disclosures on Un-audited Financial Results for the quarter and half year ended on 30th September, 2025 and Forefeiture of partly paid equity shares

Revenue declinedNet loss reportedNegative operating cash flowResults View source PDF Explain this filing

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.0%Reaction day

₹43.82

prior close

—

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+0.4% vs market

Iron & Steel Products peers, median of 92sector-0.2%+1.2% vs sector

On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and 1.2 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.0+0.6+0.4-0.2+1.2

Next day

—-0.2—-1.2—

+1.6-0.4+1.9-1.6+3.1

—-0.7—-2.0—

—-2.2—-2.8—

+1.6-2.8+4.4-4.6+6.1

+1.6-1.4+3.0-2.7+4.3

15d

—-7.0—-6.2—

—-6.1—-6.2—

-12.7-9.2-3.5-6.8-5.9

-2.4-6.8+4.4-9.2+6.7

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 92Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

National General Industries Ltd (steel re-rolling company) announced its Q2 FY26 and H1 FY26 results along with forfeiture of 10,47,600 partly paid-up equity shares for non-payment of balance allotment money. Total income declined to Rs. 254.22 lakhs in Q2 FY26 from Rs. 255.54 lakhs in Q2 FY25, and fell to Rs. 451.08 lakhs in H1 FY26 from Rs. 570.49 lakhs in H1 FY25, a drop of about 21%. The company swung to a net loss of Rs. 20.86 lakhs in Q2 (vs profit of Rs. 25.67 lakhs YoY), taking H1 FY26 net loss to Rs. 46.09 lakhs against a profit of Rs. 42.62 lakhs last year. The steel segment, which is the core business, saw its revenue fall to Rs. 372.67 lakhs in H1 FY26 from Rs. 495.89 lakhs. Basic EPS for H1 was negative at Rs. (0.97). Operating cash flow was significantly negative at Rs. (137.15) lakhs for H1 FY26.

Likely market impact

The company is facing clear operational stress with declining revenues, a return to losses after being profitable last year, and negative operating cash flows, which is a negative signal for shareholders. The forfeiture of partly paid shares has no major financial impact but highlights governance/collection issues.