Regulation 30 & 33 of SEBI (LODR) - Audited Financial Results for the fourth quarter and year ended 31.03.2026 - outcome of Board Meeting dated 29.05.2026
NEAGI · price
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Neelamalai Agro Industries reported standalone revenue of Rs 2,544.84 lakhs for FY26, up about 9.5% from Rs 2,323.67 lakhs in FY25. However, standalone net profit after tax declined significantly to Rs 261.39 lakhs from Rs 344.92 lakhs in FY25—a drop of roughly 24%. The profit decline was primarily driven by higher fair value losses on investments, particularly in Q4 FY26 which showed a loss of Rs 212.49 lakhs versus Rs 89.51 lakhs in Q4 FY25. The company recommended a dividend of Rs 20 per share (200%), reduced from Rs 30 per share in the previous year. Statutory auditors PKF Sridhar & Santhanam LLP issued an unmodified (clean) audit opinion for both standalone and consolidated results, with no going concern or qualification issues. Consolidated results include share of profits from associates AVT Natural Products and joint venture AVT McCormick Ingredients.
The decline in net profit despite modest revenue growth signals margin compression and investment volatility, which may concern investors. The reduced dividend and lower EPS (Rs 40.41 vs Rs 55.45) could put negative pressure on the stock price in the near term, though the clean audit report provides some comfort.