NIBE Q2 FY26 results: net loss; CFO exits; acquires 48.95% in naval arm

Revenue declinedNet loss reportedEBITDA margin compressionNegative operating cash flowResults View source PDF Explain this filing

NIBE · price

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Price reactionminutes from the announcement price · days from the prior close

-5.5%Reaction day

₹1242.00

prior close

₹1174.10

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-5.4% vs market

Aerospace & Defense peers, median of 20sector-1.0%-4.5% vs sector

On the reaction day the stock moved 5.4 pts less than Nifty Microcap 250 and 4.5 pts less than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

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Next day

-7.7-0.2-7.5+1.1-8.8

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-21.1-7.2-13.9-8.4-12.7

UpDownMarket · Nifty Microcap 250Sector · Aerospace & Defense peers, median of 20Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

NIBE Limited reported weak H1 FY26 results with consolidated revenue falling to 15,586.71 lakhs from 24,604.54 lakhs last year. The company swung to a net loss of 864.48 lakhs against a profit of 1,677.36 lakhs. Both Defence and Aeronautics segments posted losses. Operating cash flow remained negative at 635.92 lakhs. The board noted CFO Rajesh Khatri's resignation due to personal reasons and appointed Jigar Shah as new CFO. It also approved acquiring the remaining 48.95% stake in Nibe Meson Naval from Quest Flow Controls.

Likely market impact

Sharp revenue decline and swing to net loss signal operational stress. CFO exit and new subsidiary acquisition add short-term uncertainty.