NDRAUTO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NDR Auto Components Ltd reported strong FY26 results with standalone revenue of Rs. 8,225 lakh (up 15.4% from Rs. 7,128 lakh) and standalone profit after tax of Rs. 530 lakh (up 17.7% from Rs. 451 lakh). Consolidated PAT stood at Rs. 619 lakh. The Board approved annual accounts and declared a dividend of Rs. 4 per share (40% payout), with July 20, 2026 as record date. Three Whole-time Directors (Pranav Relan, Ayush Relan, and Rajat Bhandari) were reappointed for 3-year terms. The company approved transferring its Seat Trim business to wholly-owned subsidiary NDR Auto Component South Pvt Ltd and Sunshade business to joint venture NDR Hayashi Automotive India Pvt Ltd via slump sale. Additionally, Rs. 6 crore will be invested in the JV via rights issue. Statutory auditors gave an unmodified (clean) opinion. Cash position declined significantly as cash dropped from Rs. 508 lakh to Rs. 133 lakh due to increased capex and working capital changes.
The company delivered solid profit growth with clean audit, and the dividend declaration provides immediate shareholder reward. Business transfers to subsidiary/JV indicate strategic restructuring to consolidate auto components operations. However, the sharp decline in cash reserves warrants monitoring.