NDRAUTO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NDR Auto Components Limited held its Board Meeting on May 11, 2026, approving the audited standalone and consolidated financial results for FY ended March 31, 2026. Standalone revenue grew 15.4% to Rs. 822.5 crore from Rs. 712.8 crore, with profit after tax rising 17.7% to Rs. 530.5 crore. Consolidated PAT increased 16.3% to Rs. 619.4 crore. The Board recommended a dividend of Rs. 4 per share (40%) for FY2026, with record date July 20, 2026. Three Whole-time Directors (Pranav Relan, Ayush Relan, and Rajat Bhandari) were re-appointed for 3-year terms. The Board also approved transferring the Seat Trim business to its wholly-owned subsidiary and Sunshade business to joint venture NDR Hayashi Automotive India Private Limited via slump sale, along with investing Rs. 6 crore in the joint venture.
Strong financial performance with double-digit revenue and profit growth. The dividend increase and clean audit with unmodified opinion are positive signals. Business restructuring through subsidiary transfers may improve operational efficiency. Shareholders should benefit from both dividend income and potential value unlocking from streamlined operations.