NIBEBSENIBE LtdHighNeutral
Announced Fri, 29 May · 20:10 IST

Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026

NIBE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Nibe Limited's Board approved audited standalone and consolidated financial results for FY ended March 31, 2026 on May 29, 2026. Statutory auditors Kailash Chand Jain & Co. issued an unmodified (clean) opinion on both standalone and consolidated results. The company recommended a dividend of Rs. 1.30 per equity share (face value Rs. 10) for FY26, subject to shareholder approval at the AGM. Additionally, the company confirmed no deviation or variation in the utilization of Rs. 104.47 crore raised via preferential allotment on March 5, 2026, with funds allocated toward capital expenditure (Rs. 12,685 Lakhs), repayment of borrowings (Rs. 7,500 Lakhs), and working capital (Rs. 2,500 Lakhs). Monitoring is handled by Crisil Ratings Limited. The document does not contain detailed P&L or balance sheet figures.

Likely market impact

Clean audit results and dividend recommendation are positive signals for shareholders, indicating financial integrity. No fund utilization deviation provides transparency on capital deployment from the recent equity raise.