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BSENatraj Proteins Ltd· Agricultural Food & other ProductsHighNeutral
Announced Thu, 13 Nov, 2025 · 19:28 IST

We are pleased to submit the Outcome of the Board Meeting held on 13/11/2025 for approval of the unaudited quarterly/half year financial statements for the quarter/half year ended on 30/09/2025 ....

Revenue declinedNet loss reportedResults View source PDFExplain this filing

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On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and 0.3 pts more than its Edible Oil peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Natraj Proteins' board approved unaudited standalone results for Q2 and H1 FY26 (ended September 30, 2025). For Q2, revenue from operations rose to ₹2,692.17 lakhs from ₹2,278.62 lakhs a year ago (up about 18%), but the company swung to a wider net loss of ₹164.98 lakhs versus ₹101.45 lakhs last year, with EPS at ₹(4.41). For the half-year, revenue declined to ₹5,347.91 lakhs from ₹6,131.76 lakhs (down ~13%), while net loss widened to ₹286.46 lakhs from ₹275.69 lakhs. Despite the losses, operating cash flow stayed positive at ₹159.40 lakhs and cash balance improved sharply to ₹304.12 lakhs (from just ₹6 lakhs at March-end). Statutory auditor Bhutoria Ganesan & Co issued a clean limited review with no qualifications or adverse remarks.

Likely market impact

Mixed-to-negative for shareholders: revenue trends are uneven (Q2 up but H1 down) and the company remains loss-making with losses deepening versus the prior year, signalling pressure on margins. However, an improving cash position and a clean auditor review are mild positives; the stock may stay subdued until the company returns to profitability.