NIBE Q2 results show loss; CFO resigns, new CFO appointed; buys 48.95% in naval arm

CFO resignedKey managerial personnel resignedManagement Changes 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

timing

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

Stock

+1.1

10m

+0.8

15m

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30m

+0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.5-0.1-5.4-1.0-4.5

Next day

-7.7-0.2-7.5+1.1-8.8

-10.7+0.4-11.1+1.8-12.5

-14.2-0.4-13.8+1.2-15.4

-12.8-0.6-12.2+0.2-13.0

-11.4-0.9-10.5+1.0-12.3

-12.2-3.0-9.2-3.5-8.7

15d

-19.5-3.9-15.6-4.1-15.4

-3.4-4.8+1.5-7.7+4.3

-3.2-7.8+4.5-8.9+5.6

-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

Board approved Q2 FY26 results. Consolidated revenue rose to Rs 15,586.71 lakhs but swung to a net loss of Rs 968.76 lakhs versus a Rs 889.22 lakh profit a year ago. H1 FY26 net loss of Rs 864.48 lakhs against Rs 1,677.36 lakh profit previously. CFO Rajesh Khatri resigned for personal reasons; Jigar Shah appointed as new CFO. Also approved acquiring the 48.95 percent stake in Nibe Meson Naval from Quest Flow Controls.

Likely market impact

Weak results with a swing to loss and CFO change may pressure the stock; naval subsidiary buyout consolidates defence business.