Q2 results, CFO change and stake acquisition approved by board

CFO 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

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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 on Nov 12 approved Q2/H1 FY26 results. Consolidated revenue fell to Rs 155.87 crore (H1) from Rs 246.05 crore YoY, posting a net loss of Rs 8.64 crore against a Rs 16.77 crore profit last year. Standalone also swung to a Rs 1.04 crore loss. CFO Rajesh Khatri resigned citing personal reasons; Jigar Shah appointed as new CFO. Board also cleared acquiring a 48.95 percent stake in Nibe Meson Naval from Quest Flow Controls.

Likely market impact

Weak H1 results turned to loss alongside a key management transition; subsidiary buyout consolidates the defence business.