NDRAUTO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NDR Auto Components reported strong annual performance with standalone revenue growing 15.4% to Rs 8,225.38 crores and PAT rising 17.7% to Rs 530.49 crores for FY2026. Consolidated PAT was Rs 619.45 crores, up 16.3% from Rs 532.58 crores. The Board recommended a dividend of 40% (Rs 4 per share of Rs 10 face value), with record date July 20, 2026 and AGM on July 27, 2026. Key restructuring includes transfer of Seat Trim business to wholly-owned subsidiary NDR Auto Component South Private Limited and Sunshade business to joint venture NDR Hayashi Automotive India Private Limited. The company also approved Rs 6 crore investment in NDR Hayashi through rights issue. Auditors gave unmodified opinion, and an income tax demand has been reduced to Rs 366.89 lakhs after appeals.
The 15-17% profit growth and maiden significant dividend signals healthy financials. The business transfers to subsidiary and JV could streamline operations and improve focus. Cash position declined from Rs 508 crore to Rs 133.36 crore due to higher investments and working capital, but this appears planned given capex and restructuring activities.