NDRAUTO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NDR Auto Components Limited reported strong FY2026 results with standalone revenue of Rs. 8,225.38 lakhs (up 15.4% from Rs. 7,127.79 lakhs) and standalone PAT of Rs. 530.49 lakhs (up 17.7% from Rs. 450.84 lakhs). Consolidated PAT was Rs. 619.45 lakhs, up 16.3% year-on-year. The Board recommended a 40% dividend (Rs. 4 per share) totaling Rs. 951.41 lakhs, with record date July 20, 2026. The 7th AGM is scheduled for July 27, 2026. Three Whole-time Directors (Pranav Relan, Ayush Relan, and Rajat Bhandari) were reappointed for 3-year terms subject to shareholder approval. The Board approved transferring the Seat Trim business to its wholly-owned subsidiary NDR Auto Component South Private Limited and the Sunshade business to JV NDR Hayashi Automotive India Private Limited via slump sale. An investment of Rs. 6 crores was approved in NDR Hayashi Automotive India Private Limited via rights issue. Key notes include unresolved Income Tax Department demands of Rs. 134 lakhs for AY 2022-23 and a one-time charge of Rs. 64.75 lakhs due to new labour codes.
Positive signal - strong profit growth and maiden dividend demonstrate operational strength. However, cash flow from operations declined sharply to Rs. 375.04 lakhs from Rs. 838.23 lakhs, and capex increased to Rs. 615.43 lakhs, indicating heavy investment phase. Tax disputes remain a minor overhang.