Outcome of the Board Meeting held on May 25, 2026.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Neil Industries Limited, an NBFC, held its Board Meeting on May 25, 2026 where the audited financial results for Q4 and FY ended March 31, 2026 were approved. For FY2026, the company reported Total Revenue of Rs 395.42 Lakhs, up 28.7% from Rs 307.20 Lakhs in FY2025. Profit Before Tax grew 8.7% to Rs 219.50 Lakhs while Profit After Tax increased 25% to Rs 148.39 Lakhs. Basic EPS improved to Rs 0.76 from Rs 0.61. Total Assets stood at Rs 6596.78 Lakhs with Total Equity of Rs 6006.89 Lakhs. The auditors issued an unmodified opinion confirming clean financials. The Board also approved increase in remuneration for the CFO and Company Secretary effective June 1, 2026. Borrowings decreased from Rs 639.47 Lakhs to Rs 513.21 Lakhs.
Positive for shareholders as the company showed strong year-on-year growth in revenue and profitability while reducing debt levels. The unmodified auditor opinion confirms financial reliability. However, the small EPS of Rs 0.76 indicates this is a low-priced penny stock with limited scale.